Park National Trimmed Medtronic Plc (MDT) Position; TerraForm Power, Inc. (TERP) Had 4 Bullish Analysts

Park National Corp decreased Medtronic Plc (MDT) stake by 17.13% reported in 2017Q3 SEC filing. Park National Corp sold 14,640 shares as Medtronic Plc (MDT)’s stock rose 5.51%. The Park National Corp holds 70,822 shares with $5.51M value, down from 85,462 last quarter. Medtronic Plc now has $103.75 billion valuation. The stock decreased 2.03% or $1.59 during the last trading session, reaching $76.55. About 6.07M shares traded or 11.48% up from the average. Medtronic plc (NYSE:MDT) has risen 4.04% since March 25, 2017 and is uptrending. It has underperformed by 12.66% the S&P500.

Among 12 analysts covering Terraform Power Inc (NASDAQ:TERP), 4 have Buy rating, 2 Sell and 6 Hold. Therefore 33% are positive. Terraform Power Inc had 33 analyst reports since August 19, 2015 according to SRatingsIntel. The firm has “Sell” rating by Bank of America given on Tuesday, October 24. The stock has “Neutral” rating by UBS on Tuesday, February 14. As per Wednesday, June 29, the company rating was upgraded by Avondale. The rating was downgraded by Zacks on Wednesday, August 26 to “Buy”. The stock of TerraForm Power, Inc. (NASDAQ:TERP) has “Sell” rating given on Wednesday, November 25 by UBS. The rating was downgraded by Zacks to “Hold” on Tuesday, September 22. The stock of TerraForm Power, Inc. (NASDAQ:TERP) earned “Neutral” rating by Robert W. Baird on Thursday, August 27. Goldman Sachs maintained TerraForm Power, Inc. (NASDAQ:TERP) rating on Monday, May 2. Goldman Sachs has “Neutral” rating and $10 target. The stock of TerraForm Power, Inc. (NASDAQ:TERP) has “Neutral” rating given on Friday, February 3 by Macquarie Research. The firm has “Buy” rating by Bank of America given on Tuesday, September 15. See TerraForm Power, Inc. (NASDAQ:TERP) latest ratings:

15/03/2018 Broker: Goldman Sachs Old Rating: Neutral New Rating: Sell Downgrade
27/11/2017 Broker: Goldman Sachs Rating: Hold New Target: $13.0 Initiate
24/10/2017 Broker: Bank of America Rating: Sell New Target: $11.0 Initiate
23/10/2017 Broker: Robert W. Baird Old Rating: Neutral New Rating: Outperform Upgrade
19/10/2017 Broker: J.P. Morgan Rating: Hold New Target: $13.0
13/10/2017 Broker: Robert W. Baird Rating: Hold New Target: $13.0 Maintain

TerraForm Power, Inc., together with its subsidiaries, owns and operates clean power generation assets serving utility and commercial customers. The company has market cap of $1.58 billion. As of June 30, 2017, its portfolio consisted of solar and wind projects located in the United States, Canada, the United Kingdom, and Chile with a combined nameplate capacity of 2,606.7 megawatts. It currently has negative earnings. The firm was formerly known as SunEdison Yieldco, Inc. and changed its name to TerraForm Power, Inc. in May 2014.

The stock decreased 0.19% or $0.02 during the last trading session, reaching $10.68. About 506,374 shares traded or 3.03% up from the average. TerraForm Power, Inc. (NASDAQ:TERP) has risen 31.65% since March 25, 2017 and is uptrending. It has outperformed by 14.95% the S&P500.

Park National Corp increased American Express Co (NYSE:AXP) stake by 28,432 shares to 183,688 valued at $16.62M in 2017Q3. It also upped Snap (NYSE:SNA) stake by 3,135 shares and now owns 6,496 shares. First Trust Dow Jones Global S (FGD) was raised too.

Analysts await Medtronic plc (NYSE:MDT) to report earnings on May, 24. They expect $1.39 EPS, up 4.51% or $0.06 from last year’s $1.33 per share. MDT’s profit will be $1.88B for 13.77 P/E if the $1.39 EPS becomes a reality. After $1.17 actual EPS reported by Medtronic plc for the previous quarter, Wall Street now forecasts 18.80% EPS growth.