Todays Report: Today, Delta Lloyd NV Reached $11,859,000 position of Intuit Inc. (INTU)

Today, Delta Lloyd NV Reached $11,859,000 position  of Intuit Inc. (INTU)

Delta Lloyd NV increased its position in shares of Intuit Inc. (NASDAQ:INTU) by 3.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 107,799 shares of the company’s stock after buying an additional 3,739 shares during the period. Delta Lloyd NV’s holdings in Intuit were worth $11,859,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of INTU. Forte Capital LLC ADV increased its stake in shares of Intuit by 7.3% in the second quarter. Forte Capital LLC ADV now owns 25,159 shares of the company’s stock valued at $2,808,000 after buying an additional 1,720 shares during the last quarter. FirstMerit Bank N A Trustee increased its stake in shares of Intuit by 2.2% in the second quarter. FirstMerit Bank N A Trustee now owns 32,997 shares of the company’s stock valued at $3,683,000 after buying an additional 705 shares during the last quarter. Alpha Windward LLC increased its stake in shares of Intuit by 2,340.6% in the second quarter. Alpha Windward LLC now owns 1,562 shares of the company’s stock valued at $174,000 after buying an additional 1,498 shares during the last quarter. Chevy Chase Trust Holdings Inc. increased its stake in shares of Intuit by 0.6% in the second quarter. Chevy Chase Trust Holdings Inc. now owns 221,829 shares of the company’s stock valued at $24,759,000 after buying an additional 1,429 shares during the last quarter. Finally, Exxonmobil Investment Management Inc. TX increased its stake in shares of Intuit by 5.9% in the second quarter. Exxonmobil Investment Management Inc. TX now owns 66,232 shares of the company’s stock valued at $7,392,000 after buying an additional 3,702 shares during the last quarter. 84.68% of the stock is currently owned by institutional investors.

Shares of Intuit Inc. (NASDAQ:INTU) traded up 0.22% during midday trading on Friday, hitting $116.07. The stock had a trading volume of 516,816 shares. Intuit Inc. has a 52 week low of $88.17 and a 52 week high of $116.97. The stock’s 50-day moving average price is $109.17 and its 200 day moving average price is $109.48. The company has a market cap of $29.79 billion, a price-to-earnings ratio of 31.05 and a beta of 1.08.

Intuit (NASDAQ:INTU) last announced its quarterly earnings data on Thursday, November 17th. The company reported $0.06 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.03. Intuit had a net margin of 20.59% and a return on equity of 82.77%. The firm had revenue of $778 million for the quarter, compared to analyst estimates of $754.36 million. During the same quarter in the prior year, the business earned $0.09 earnings per share. The business’s quarterly revenue was up 9.1% compared to the same quarter last year. On average, equities analysts forecast that Intuit Inc. will post $4.34 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 18th. Stockholders of record on Tuesday, January 10th will be issued a dividend of $0.34 per share. The ex-dividend date is Friday, January 6th. This represents a $1.36 annualized dividend and a dividend yield of 1.17%. Intuit’s dividend payout ratio is currently 36.27%.

Several analysts recently commented on the company. Brean Capital raised their price objective on Intuit from $130.00 to $135.00 and gave the stock a “buy” rating in a research note on Wednesday, August 24th. Deutsche Bank AG reaffirmed a “buy” rating and set a $125.00 price objective (down previously from $130.00) on shares of Intuit in a research note on Wednesday, August 24th. Goldman Sachs Group Inc. raised their price objective on Intuit from $123.00 to $124.00 and gave the stock a “buy” rating in a research note on Wednesday, August 24th. Zacks Investment Research downgraded Intuit from a “hold” rating to a “sell” rating in a research note on Thursday. Finally, RBC Capital Markets reissued a “sector perform” rating and issued a $113.00 price target (up previously from $93.00) on shares of Intuit in a research note on Monday, August 15th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $200.83.

In related news, CFO R Neil Williams sold 18,567 shares of the company’s stock in a transaction dated Wednesday, September 7th. The shares were sold at an average price of $111.47, for a total value of $2,069,663.49. Following the sale, the chief financial officer now owns 4,727 shares in the company, valued at approximately $526,918.69. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Henry Tayloe Stansbury sold 1,871 shares of the company’s stock in a transaction dated Monday, September 26th. The stock was sold at an average price of $109.19, for a total transaction of $204,294.49. Following the completion of the sale, the executive vice president now owns 2,541 shares in the company, valued at approximately $277,451.79. The disclosure for this sale can be found here. Insiders own 5.50% of the company’s stock.

About Intuit

Related posts

Leave a Comment