Red Hat (RHT) Rating Reiterated by Northland Securities

Twin Cap Mngmt Inc holds 46,581 shares. Fuller And Thaler Asset Management invested in 0% or 1,900 shares. Castleark Management Llc sold 14,810 shares as the company's stock rose 4.33% with the market. LLC now owns 1,542 shares of the open-source software company's stock valued at $148,000 after purchasing an additional 736 shares during the last quarter. About 8.93M shares traded. Domtar Corporation (NYSE:UFS) has declined 0.68% since December 29, 2016 and is downtrending. (NYSE:RHT) traded up 0.54% during midday trading on Tuesday, hitting $80.20. IL now owns 1,397,518 shares of the open-source software company's stock worth $101,460,000 after buying an additional 74,870 shares during the period.

Among 34 analysts covering Red Hat (NYSE:RHT), 25 have Buy rating, 1 Sell and 8 Hold. The stock decreased 0.52% or $0.6288 during the last trading session, reaching $120.5012. (NYSE:RHT). Strs Ohio has invested 0.13% in Red Hat, Inc. It has outperformed by 2.27% the S&P500. Reilly Financial Advsrs invested in 0.01% or 496 shares. UFS's profit will be $43.26 million for 18.03 P/E if the $0.69 EPS becomes a reality.

Since August 17, 2017, it had 0 buys, and 4 selling transactions for $1.74 million activity.

In related news, CEO James M. Whitehurst sold 4,211 shares of the business's stock in a transaction on Tuesday, October 17th. The shares were sold at an average price of $120.36, for a total value of $506,835.96. (NYSE:RHT) for 89 shares. Red Hat had a net margin of 12.14% and a return on equity of 26.23%.

Investors sentiment decreased to 1.17 in Q3 2017. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.30 and a current ratio of 1.37. It worsened, as 20 investors sold UFS shares while 78 reduced holdings. 59 funds opened positions while 141 raised stakes. Comml Bank Of Mellon Corp owns 1.53M shares for 0.05% of their portfolio. Eads & Heald Investment Counsel holds 0.53% or 7,676 shares in its portfolio. During the same period in the previous year, the firm earned $0.48 earnings per share. (NYSE:RHT) for 73,733 shares. Timessquare Capital Management Ltd Llc accumulated 750,100 shares. It also increased its holding in Fibrogen Inc by 90,540 shares in the quarter, for a total of 206,300 shares, and has risen its stake in Air Transport Services Grp I (NASDAQ:ATSG). United Kingdom-based Old Mutual Glob Investors (Uk) Limited has invested 0% in Domtar Corporation (NYSE:UFS). Zeke Capital Limited Liability Co reported 3,228 shares. Paradigm Asset Management Co. Employees Retirement Association Of Colorado, a Colorado-based fund reported 12,456 shares.

Among 27 analysts covering Advance Auto Parts Inc. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and twenty-two have assigned a buy rating to the stock. Therefore 33% are positive. Marriott International had 55 analyst reports since August 5, 2015 according to SRatingsIntel. (NYSE:RHT) on Thursday, December 22 to "Hold" rating. The rating was downgraded by Bank of America to "Sell" on Tuesday, October 24. Goldman Sachs maintained the stock with "Neutral" rating in Thursday, July 6 report. The stock has "Buy" rating by BTIG Research on Wednesday, June 21. Benjamin F Edwards And Co Inc invested 0% in Red Hat, Inc. The rating was maintained by William Blair on Thursday, March 23 with "Outperform". The firm has "Outperform" rating by CLSA given on Tuesday, August 25. JMP Securities raised their price objective on shares of Red Hat from $107.00 to $122.00 and gave the stock an "outperform" rating in a report on Wednesday, September 13th. On Friday, August 25 the stock rating was maintained by RBC Capital Markets with "Buy". They issued a buy rating for the company. The firm has "Buy" rating given on Friday, December 18 by Needham. The firm has "Buy" rating by Stifel Nicolaus given on Wednesday, June 21. The rating was maintained by Barclays Capital with "Overweight" on Monday, September 18. (NYSE:RHT) earned "Outperform" rating by Wells Fargo on Wednesday, January 11.

Investors sentiment decreased to 1.08 in 2017 Q3. Its down 0.02, from 1.25 in 2017Q2.

Northland Securities reissued their buy rating on shares of Red Hat (NYSE:RHT) in a research report released on Thursday, December 21st.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. The open-source software company reported $0.73 earnings per share for the quarter, topping analysts' consensus estimates of $0.70 by $0.03. Columbus Circle Invsts invested in 317,114 shares. Insiders own 0.76% of the company's stock.

Red Hat, Inc (Red Hat) provides open source software solutions, using a community-powered approach to develop and offer operating system, virtualization, management, middleware, cloud, mobile and storage technologies.

Red Hat Inc (NYSE:RHT) opened at $120.10 on Monday. Virtus Advisers holds 18,184 shares. More interesting news about Red Hat, Inc. (NYSE:RHT) for 1,812 shares. Red Hat earned a news impact score of 0.33 on Accern's scale. (NYSE:RHT). Point72 Asset Management LP stated it has 0.01% of its portfolio in Red Hat, Inc. In the last ninety days, insiders have sold 22,172 shares of company stock worth $2,592,577. 236.59 million shares or 1.84% less from 241.03 million shares in 2017Q2 were reported. More interesting news about Red Hat, Inc. (NYSE:RHT). Clearbridge Ltd Limited Liability Company stated it has 0.51% in Red Hat, Inc. (NYSE:RHT). Estabrook Cap Management has 40 shares. Legal & General Group Plc lifted its position in shares of Red Hat by 3.8% in the 2nd quarter. Hutchin Hill Limited Partnership holds 0.13% or 30,100 shares in its portfolio.

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