$0.62 EPS Expected for Plantronics, Inc. (PLT); Jane Street Group Has Cut Its Cerner (CERN) Holding

Sunday, 29 April 2018

$0.62 EPS Expected for Plantronics, Inc. (PLT); Jane Street Group Has Cut Its Cerner (CERN) Holding

Cerner Corporation (NASDAQ:CERN) Logo

Analysts expect Plantronics, Inc. (NYSE:PLT) to report $0.62 EPS on May, 7.They anticipate $0.01 EPS change or 1.64% from last quarter’s $0.61 EPS. PLT’s profit would be $19.98 million giving it 26.37 P/E if the $0.62 EPS is correct. After having $0.77 EPS previously, Plantronics, Inc.’s analysts see -19.48% EPS growth. The stock decreased 0.26% or $0.17 during the last trading session, reaching $65.39. About 136,919 shares traded. Plantronics, Inc. (NYSE:PLT) has risen 2.93% since April 29, 2017 and is uptrending. It has underperformed by 8.62% the S&P500.

Jane Street Group Llc decreased Cerner Corp (CERN) stake by 57.92% reported in 2017Q4 SEC filing. Jane Street Group Llc sold 5,601 shares as Cerner Corp (CERN)’s stock declined 14.44%. The Jane Street Group Llc holds 4,070 shares with $274,000 value, down from 9,671 last quarter. Cerner Corp now has $19.72 billion valuation. The stock increased 0.75% or $0.44 during the last trading session, reaching $59.43. About 1.54M shares traded. Cerner Corporation (NASDAQ:CERN) has declined 2.77% since April 29, 2017 and is downtrending. It has underperformed by 14.32% the S&P500.

Investors sentiment decreased to 1.06 in 2017 Q4. Its down 0.13, from 1.19 in 2017Q3. It is negative, as 13 investors sold Plantronics, Inc. shares while 69 reduced holdings. 38 funds opened positions while 49 raised stakes. 29.76 million shares or 0.41% more from 29.64 million shares in 2017Q3 were reported. Geode Capital has 410,648 shares for 0.01% of their portfolio. Btim accumulated 335,945 shares. Ahl Prtnrs Limited Liability Partnership reported 65,300 shares stake. Utd Service Automobile Association accumulated 0% or 10,480 shares. Los Angeles Equity Research owns 83,474 shares or 0.02% of their US portfolio. Morgan Stanley stated it has 0% of its portfolio in Plantronics, Inc. (NYSE:PLT). Gamco Investors Et Al invested 0.01% of its portfolio in Plantronics, Inc. (NYSE:PLT). Rhumbline Advisers holds 0.01% of its portfolio in Plantronics, Inc. (NYSE:PLT) for 75,006 shares. Cwm Limited Co holds 0% of its portfolio in Plantronics, Inc. (NYSE:PLT) for 14 shares. Lapides Asset Mngmt Lc has invested 0.72% in Plantronics, Inc. (NYSE:PLT). Profund Ltd owns 0.01% invested in Plantronics, Inc. (NYSE:PLT) for 4,947 shares. Evercore Wealth Management Limited reported 4,300 shares. Eqis Capital Mngmt invested in 19,451 shares or 0.05% of the stock. The Alberta – Canada-based Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment has invested 0.01% in Plantronics, Inc. (NYSE:PLT). Suntrust Banks stated it has 68,412 shares.

Plantronics, Inc. designs, manufactures, and markets lightweight communications headsets, telephone headset systems, other communication endpoints, and accessories for the business and consumer markets under the Plantronics brand worldwide. The company has market cap of $2.11 billion. The firm also makes and markets specialty telephone products under the Clarity brand. It has a 240.4 P/E ratio. The Company’s primary products include corded and cordless communication headsets; audio processors; telephone systems; Bluetooth and corded products; personal computer and gaming headsets; and specialty products for hearing impaired individuals.

Since January 31, 2018, it had 0 buys, and 8 selling transactions for $376,445 activity. DEXHEIMER BRIAN S sold $30,450 worth of stock. SARKAR SHANTANU had sold 1,151 shares worth $66,556 on Friday, February 2.

Among 6 analysts covering Plantronics (NYSE:PLT), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Plantronics had 21 analyst reports since January 15, 2016 according to SRatingsIntel. The firm has “Overweight” rating by JP Morgan given on Monday, January 18. The stock has “Overweight” rating by JP Morgan on Friday, January 15. Raymond James upgraded Plantronics, Inc. (NYSE:PLT) on Wednesday, May 4 to “Market Perform” rating. On Friday, July 28 the stock rating was downgraded by J.P. Morgan to “Hold”. The stock of Plantronics, Inc. (NYSE:PLT) has “Neutral” rating given on Friday, July 28 by JP Morgan. The firm has “Buy” rating given on Monday, July 24 by Northland Capital. The firm has “Neutral” rating given on Wednesday, November 2 by JP Morgan. The firm has “Overweight” rating by JP Morgan given on Thursday, June 1. The stock of Plantronics, Inc. (NYSE:PLT) has “Buy” rating given on Wednesday, January 31 by Roth Capital. The firm has “Buy” rating given on Wednesday, November 1 by Roth Capital.

Since December 13, 2017, it had 0 insider purchases, and 4 sales for $37.88 million activity. BURKE ZANE M sold $3.50 million worth of stock. $14.25M worth of Cerner Corporation (NASDAQ:CERN) was sold by TOWNSEND JEFFREY A. ILLIG CLIFFORD W sold $19.85 million worth of Cerner Corporation (NASDAQ:CERN) on Wednesday, March 7. The insider Battaglioli Michael R. sold 4,000 shares worth $279,560.

Jane Street Group Llc increased First Tr Exchange Traded Fd stake by 14,939 shares to 36,912 valued at $1.31 million in 2017Q4. It also upped Direxion Shs Etf Tr (YINN) stake by 17,023 shares and now owns 31,123 shares. Costco Whsl Corp New (Put) (NASDAQ:COST) was raised too.

Plantronics, Inc. (NYSE:PLT) Institutional Positions Chart