Plantronics INC (PLT) Shareholder Kennedy Capital Management INC Has Lifted Stake

Plantronics, Inc. (NYSE:PLT) LogoInvestors sentiment increased to 1.46 in Q1 2019. Its up 0.74, from 0.72 in 2018Q4. It improved, as 15 investors sold PLT shares while 54 reduced holdings. 53 funds opened positions while 48 raised stakes. 30.70 million shares or 1.52% less from 31.18 million shares in 2018Q4 were reported. Hanson & Doremus Inv Management stated it has 16,125 shares. Redmond Asset Management Ltd Liability Co reported 32,113 shares or 0.64% of all its holdings. Wells Fargo Mn stated it has 151,563 shares. Swiss State Bank has 0% invested in Plantronics, Inc. (NYSE:PLT) for 61,700 shares. Riverhead Cap Mgmt Limited Com holds 4,321 shares or 0.01% of its portfolio. Cooper Creek Prtn Management Ltd holds 1.56% or 99,278 shares in its portfolio. State Common Retirement Fund holds 34,800 shares or 0% of its portfolio. Foundry Partners Lc holds 151,257 shares. Louisiana State Employees Retirement Systems holds 8,800 shares. Tower Research Ltd Llc (Trc) invested in 0% or 1,710 shares. Jpmorgan Chase And owns 46,993 shares or 0% of their US portfolio. Alliancebernstein Ltd Partnership holds 83,890 shares or 0% of its portfolio. National Bank & Trust Of Montreal Can has 9,823 shares for 0% of their portfolio. Vanguard Gru invested 0.01% in Plantronics, Inc. (NYSE:PLT). 34,371 are held by Credit Suisse Ag.

Kennedy Capital Management Inc increased its stake in Plantronics Inc (PLT) by 52.32% based on its latest 2019Q1 regulatory filing with the SEC. Kennedy Capital Management Inc bought 152,145 shares as the company’s stock declined 24.88% . The institutional investor held 442,940 shares of the public utilities company at the end of 2019Q1, valued at $20.42 million, up from 290,795 at the end of the previous reported quarter. Kennedy Capital Management Inc who had been investing in Plantronics Inc for a number of months, seems to be bullish on the $1.44 billion market cap company. The stock increased 7.08% or $2.4 during the last trading session, reaching $36.28. About 490,100 shares traded. Plantronics, Inc. (NYSE:PLT) has declined 44.18% since September 11, 2018 and is downtrending. It has underperformed by 44.18% the S&P500.

Kennedy Capital Management Inc, which manages about $5.67 billion and $4.21 billion US Long portfolio, decreased its stake in Omnicell Inc (NASDAQ:OMCL) by 53,184 shares to 250,266 shares, valued at $20.23M in 2019Q1, according to the filing. It also reduced its holding in Casey’s General Stores Inc (NASDAQ:CASY) by 27,817 shares in the quarter, leaving it with 85,710 shares, and cut its stake in Brink’s Company (NYSE:BCO).

More notable recent Plantronics, Inc. (NYSE:PLT) news were published by: Finance.Yahoo.com which released: “Plantronics, Inc. (NYSE:PLT): Commentary On Fundamentals – Yahoo Finance” on June 25, 2019, also Finance.Yahoo.com with their article: “Is Plantronics (NYSE:PLT) Using Too Much Debt? – Yahoo Finance” published on July 31, 2019, Globenewswire.com published: “Plantronics Announces Upcoming Event with Financial Community – GlobeNewswire” on February 20, 2019. More interesting news about Plantronics, Inc. (NYSE:PLT) were released by: Finance.Yahoo.com and their article: “Is Plantronics, Inc.’s (NYSE:PLT) CEO Salary Justified? – Yahoo Finance” published on May 16, 2019 as well as Prnewswire.com‘s news article titled: “Poly Commended by Frost & Sullivan for Its Broad Portfolio and Differentiated Value in the Unified Communications & Collaboration Device Market – PRNewswire” with publication date: September 05, 2019.

Plantronics, Inc. (NYSE:PLT) Ratings Coverage

Among 2 analysts covering Plantronics (NYSE:PLT), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Plantronics has $85 highest and $83 lowest target. $84’s average target is 131.53% above currents $36.28 stock price. Plantronics had 7 analyst reports since March 21, 2019 according to SRatingsIntel. The stock has “Buy” rating by Sidoti on Wednesday, June 19. Northland Capital maintained it with “Buy” rating and $85 target in Thursday, March 21 report.

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