Teladoc, Inc. (TDOC) Reaches $62.40 After 3.00% Up Move; Jacobs Levy Equity Management Has Lowered Colfax (CFX) Stake

June 20, 2018 - By Moses P. Lee

Teladoc, Inc. (NYSE:TDOC) Logo

The stock of Teladoc, Inc. (NYSE:TDOC) is a huge mover today! The stock increased 3.23% or $1.95 during the last trading session, reaching $62.4. About 593,135 shares traded. Teladoc, Inc. (NYSE:TDOC) has risen 66.23% since June 20, 2017 and is uptrending. It has outperformed by 53.66% the S&P500. Some Historical TDOC News: ; 03/04/2018 – Teladoc Non-Deal Roadshow Scheduled By SunTrust for Apr. 10; 03/05/2018 – TELADOC INC TDOC.N : CITIGROUP RAISES TARGET PRICE TO $51 FROM $45; 14/05/2018 – Teladoc Presenting at Bank of America Conference Tomorrow; 01/05/2018 – TELADOC SEES 2Q REV. $86M TO $87M, EST. $84.6M; 01/05/2018 – Teladoc Sees FY18 Loss/Shr $1.41-Loss $1.36; 08/05/2018 – TELADOC INC – NOTES WILL MATURE ON MAY 15, 2025; 01/05/2018 – Teladoc 1Q Loss/Shr 39c; 01/05/2018 – Teladoc Sees 2Q Rev $86M-$87M; 03/05/2018 – TELADOC INC TDOC.N – SIZE OF OFFERING WAS INCREASED BY $25 MLN FROM PREVIOUSLY ANNOUNCED OFFERING SIZE OF $225 MLN; 01/05/2018 – Teladoc 1Q Rev $89.6MThe move comes after 5 months positive chart setup for the $3.97 billion company. It was reported on Jun, 20 by Barchart.com. We have $64.27 PT which if reached, will make NYSE:TDOC worth $119.22M more.

Jacobs Levy Equity Management Inc decreased Colfax Corp (CFX) stake by 66.67% reported in 2018Q1 SEC filing. Jacobs Levy Equity Management Inc sold 53,980 shares as Colfax Corp (CFX)’s stock declined 4.71%. The Jacobs Levy Equity Management Inc holds 26,980 shares with $861,000 value, down from 80,960 last quarter. Colfax Corp now has $3.77B valuation. The stock increased 0.96% or $0.29 during the last trading session, reaching $30.49. About 372,387 shares traded. Colfax Corporation (NYSE:CFX) has declined 21.35% since June 20, 2017 and is downtrending. It has underperformed by 33.92% the S&P500.

Among 20 analysts covering Teladoc Inc (NYSE:TDOC), 16 have Buy rating, 0 Sell and 4 Hold. Therefore 80% are positive. Teladoc Inc has $6400 highest and $20 lowest target. $48.17’s average target is -22.80% below currents $62.4 stock price. Teladoc Inc had 87 analyst reports since July 27, 2015 according to SRatingsIntel. The rating was downgraded by Deutsche Bank to “Hold” on Thursday, March 15. Piper Jaffray maintained it with “Buy” rating and $3200 target in Thursday, July 13 report. On Monday, August 28 the stock rating was maintained by Oppenheimer with “Buy”. The firm has “Buy” rating by Oppenheimer given on Thursday, August 3. The firm has “Buy” rating by Robert W. Baird given on Friday, September 15. On Friday, October 6 the stock rating was maintained by Canaccord Genuity with “Buy”. The firm has “Buy” rating by Chardan Capital Markets given on Thursday, March 2. The firm has “Buy” rating given on Monday, July 27 by Deutsche Bank. Robert W. Baird downgraded the shares of TDOC in report on Monday, September 18 to “Neutral” rating. The firm has “Buy” rating by Robert W. Baird given on Friday, June 16.

Teladoc, Inc. operates a telehealth platform that provides on-demand healthcare services to its members in the United States. The company has market cap of $3.97 billion. The Company’s solution connects clients with its physicians and behavioral health professionals that treat a range of conditions and cases, including acute diagnoses, such as upper respiratory infection, urinary tract infection, and sinusitis; dermatological conditions; anxiety; and smoking cessation. It currently has negative earnings. The firm offers its services through mobile devices, the Internet, video, and phone.

More notable recent Teladoc, Inc. (NYSE:TDOC) news were published by: Seekingalpha.com which released: “Teladoc: Pump The Brakes” on June 13, 2018, also Globenewswire.com with their article: “Teladoc Acquires Global Virtual Care Provider, Advance Medical” published on June 04, 2018, Fool.com published: “The 6 Stocks on the MFM Team’s Radar This Week” on June 19, 2018. More interesting news about Teladoc, Inc. (NYSE:TDOC) were released by: Seekingalpha.com and their article: “Teladoc Acquires Advance Medical For Global Service Expansion” published on June 07, 2018 as well as Fool.com‘s news article titled: “Why Teladoc Inc. Stock Gained 18% in May” with publication date: June 07, 2018.

Analysts await Teladoc, Inc. (NYSE:TDOC) to report earnings on August, 1. They expect $-0.35 EPS, down 25.00% or $0.07 from last year’s $-0.28 per share. After $-0.39 actual EPS reported by Teladoc, Inc. for the previous quarter, Wall Street now forecasts -10.26% EPS growth.

Another recent and important Colfax Corporation (NYSE:CFX) news was published by Benzinga.com which published an article titled: “BofA Downgrades Colfax On Macro Volatility, Howden Challenges” on June 04, 2018.

Jacobs Levy Equity Management Inc increased Green Dot Corp (NYSE:GDOT) stake by 4,750 shares to 232,323 valued at $14.91M in 2018Q1. It also upped T Mobile Us Inc (NYSE:TMUS) stake by 55,340 shares and now owns 218,911 shares. Investors Real Estate Tr (NYSE:IRET) was raised too.

Investors sentiment increased to 0.88 in Q1 2018. Its up 0.21, from 0.67 in 2017Q4. It improved, as 28 investors sold CFX shares while 60 reduced holdings. 27 funds opened positions while 50 raised stakes. 88.80 million shares or 4.76% less from 93.24 million shares in 2017Q4 were reported. Blackrock reported 4.21M shares. Pnc Financial Svcs Group Inc Inc owns 6,117 shares. Ubs Asset Mngmt Americas holds 0% of its portfolio in Colfax Corporation (NYSE:CFX) for 149,281 shares. Chevy Chase Tru holds 10,657 shares or 0% of its portfolio. Art Advisors Ltd Liability, New York-based fund reported 82,300 shares. Deutsche State Bank Ag holds 142,772 shares or 0% of its portfolio. Raymond James And Assocs has invested 0% of its portfolio in Colfax Corporation (NYSE:CFX). Alyeska Gp Ltd Partnership holds 148,455 shares. 1.17 million are owned by Cooke And Bieler Lp. Moreover, Golub Gru Lc has 1.7% invested in Colfax Corporation (NYSE:CFX) for 575,723 shares. Victory Capital Mngmt Inc has 0.37% invested in Colfax Corporation (NYSE:CFX). Nomura Holdings Inc accumulated 11,000 shares. Tiaa Cref Invest Ltd Com reported 1.19 million shares. Keybank Natl Association Oh has 0% invested in Colfax Corporation (NYSE:CFX) for 15,359 shares. Hsbc Public Ltd Com accumulated 11,007 shares or 0% of the stock.

Colfax Corporation (NYSE:CFX) Institutional Positions Chart

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