Thrivent Financial For Lutherans Stake in Red Hat INC (RHT) Decreased by $12.51 Million as Shares Rose

June 27, 2018 - By Rebecca Betts

Red Hat, Inc. (NYSE:RHT) Corporate LogoDuring 2018 Q1 the big money sentiment decreased to 0.86. That’s change of 0.26, from 2017Q4’s 1.12. 46 investors sold all, 214 reduced holdings as RHT ratio dived. 144 rose positions while 80 funds amassed positions. Funds hold 160.68 million shares thus 0.87% more from 2017Q4’s 159.29 million shares. Hightower Lc stated it has 3,725 shs or 0% of all its holdings. Toronto Dominion Retail Bank accumulated 95,409 shs. Utah Retirement System reported 0.1% stake. Decatur Capital Management holds 2.73% of its capital in Red Hat, Inc. (NYSE:RHT) for 88,745 shs. Northwestern Mutual Wealth Management has invested 0% in Red Hat, Inc. (NYSE:RHT). Ls Invest Llc invested in 0.05% or 5,722 shs. Td Limited Liability Company stated it has 0.01% of its capital in Red Hat, Inc. (NYSE:RHT). Vanguard holds 18.77M shs. Moreover, State Board Of Administration Of Florida Retirement Systems has 0.1% invested in Red Hat, Inc. (NYSE:RHT). Segall Bryant & Hamill Lc has invested 1.39% of its capital in Red Hat, Inc. (NYSE:RHT). Commerzbank Aktiengesellschaft Fi reported 3,352 shs. Oak Ltd Oh accumulated 154,608 shs. The United Kingdom-based Kames Capital Pcl has invested 0.03% in Red Hat, Inc. (NYSE:RHT). Kentucky Retirement, Kentucky-based fund reported 9,237 shs. Norinchukin Retail Bank The accumulated 16,219 shs.

In 2018Q1 Securities and Exchange filling is reported Thrivent Financial For Lutherans’s stake in Red Hat Inc (RHT) which was reduced by 3.82%. 83,943 shares were sold by Thrivent Financial For Lutherans as the company’s stock rose 11.53% while stock markets declined. The technology company at the end of 2018Q1 was priced at $315.91M. It’s down from 2.20 million at the end of the previous reported quarter. Now it had 2.11 million shares held by the institutional investor . $23.83 billion is Red Hat Inc’s MC. RHT touched $134.12 during the last trading session after $4.34 change.Red Hat, Inc. is uptrending after having risen 85.99% since June 27, 2017. RHT has 2.97M volume or 41.00% up from normal. RHT outperformed the S&P 500 by 73.42%.

The Thrivent Financial For Lutherans’s stake in Waste Connections Inc was increased by 166,205 shares to 814,646 shares valued at $58.44 million in 2018Q1, according to the filing. It operates about $82.94B and $29.56 billion US Long portfolio. For a total of 18,996 shares it increased its holding in Transdigm Group Inc (NYSE:TDG) by 17,028 shares in the quarter, and has risen its stake in Ny Community Cap Trust V.

A couple more Red Hat, Inc. (NYSE:RHT) news were announced by: Streetinsider.com which released on June 21, 2018 “After-Hours Stock Movers 06/21: (TNDM) (SENS) Higher; (RHT) (TCS) (NRZ) Lower (more…)”, also Fool.com on June 24, 2018 announced “Should You Buy Red Hat After Its Post-Earnings Plunge?”, the next Seekingalpha.com is “Red Hat: Due For A Pullback” on June 22, 2018. Streetinsider.com has article titled “Pre-Open Movers 06/22: (WSC) (TNDM) (KMX) Higher; (GRBK) (RHT) (YTRA) Lower (more…)”.

Red Hat, Inc. (NYSE:RHT) Ratings Coverage

Total analysts of 26 have positions in Red Hat (NYSE:RHT) as follows: 18 rated it a “Buy”, 0 with “Sell” and 8 with “Hold”. The positive are 69%. Since January 2, 2018 according to StockzIntelligence Inc Red Hat has 31 analyst reports. On Tuesday, March 27 the stock of Red Hat, Inc. (NYSE:RHT) earned “Market Outperform” rating by JMP Securities. On Tuesday, March 27 Credit Suisse maintained the shares of RHT in report with “Neutral” rating. On Wednesday, March 21 the stock of Red Hat, Inc. (NYSE:RHT) has “Buy” rating given by RBC Capital Markets. On Thursday, March 22 Cowen & Co maintained Red Hat, Inc. (NYSE:RHT) rating. Cowen & Co has “Buy” rating and $160.0 target. In Monday, March 26 report KeyBanc Capital Markets maintained the stock with “Buy” rating. In Monday, March 26 report Piper Jaffray maintained it with “Hold” rating and $17000 target. On Tuesday, March 27 the stock of Red Hat, Inc. (NYSE:RHT) has “Buy” rating given by Deutsche Bank. On Wednesday, March 28 JP Morgan maintained Red Hat, Inc. (NYSE:RHT) with “Overweight” rating. On Friday, June 22 the firm has “Overweight” rating given by Barclays Capital. On Friday, June 22 the company was maintained by Cowen & Co.

Red Hat, Inc. (NYSE:RHT) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: