Intuit (INTU) Holder Aqr Capital Management LLC Has Raised Position by $16.71 Million as Market Valuation Rose

Intuit Inc. (NASDAQ:INTU) LogoInvestors sentiment increased to 1.02 in 2019 Q1. Its up 0.04, from 0.98 in 2018Q4. It is positive, as 37 investors sold INTU shares while 275 reduced holdings. 99 funds opened positions while 219 raised stakes. 221.14 million shares or 7.15% less from 238.18 million shares in 2018Q4 were reported. State Board Of Administration Of Florida Retirement Sys has invested 0.24% in Intuit Inc. (NASDAQ:INTU). 33,430 were accumulated by Bridgeway Cap Management. Atlanta Management Communication L L C has 0.51% invested in Intuit Inc. (NASDAQ:INTU). Bokf Na holds 46,776 shares or 0.29% of its portfolio. Saturna Corporation owns 468,909 shares. 6,527 are held by Centurylink Inv Mgmt. Carnegie Capital Asset Mgmt Ltd Limited Liability Company holds 0.02% of its portfolio in Intuit Inc. (NASDAQ:INTU) for 975 shares. Fosun International Limited accumulated 3,145 shares. Papp L Roy And Assocs has invested 0.1% in Intuit Inc. (NASDAQ:INTU). Franklin Resources Inc holds 1.45 million shares. Jefferies Gru Limited Liability Co invested 0.02% of its portfolio in Intuit Inc. (NASDAQ:INTU). Walleye Trading Limited Liability Corporation holds 34,412 shares. Arrow Fincl Corp reported 810 shares. Lindsell Train Limited, United Kingdom-based fund reported 2.19M shares. Whale Rock Cap Mgmt Limited Liability Corp accumulated 3.22% or 683,017 shares.

Aqr Capital Management Llc increased its stake in Intuit (INTU) by 2.8% based on its latest 2019Q1 regulatory filing with the SEC. Aqr Capital Management Llc bought 64,534 shares as the company’s stock rose 6.37% with the market. The hedge fund held 2.37 million shares of the prepackaged software company at the end of 2019Q1, valued at $616.15M, up from 2.31M at the end of the previous reported quarter. Aqr Capital Management Llc who had been investing in Intuit for a number of months, seems to be bullish on the $73.02B market cap company. The stock increased 1.23% or $3.43 during the last trading session, reaching $281.65. About 1.02M shares traded. Intuit Inc. (NASDAQ:INTU) has risen 26.25% since July 14, 2018 and is uptrending. It has outperformed by 21.82% the S&P500.

Aqr Capital Management Llc, which manages about $94.26B US Long portfolio, decreased its stake in Office Depot Inc (NASDAQ:ODP) by 1.27 million shares to 377,488 shares, valued at $1.37M in 2019Q1, according to the filing. It also reduced its holding in Maxim Integrated Prods Inc (NASDAQ:MXIM) by 383,862 shares in the quarter, leaving it with 255,039 shares, and cut its stake in Pnc Finl Svcs Group Inc (NYSE:PNC).

More notable recent Intuit Inc. (NASDAQ:INTU) news were published by: Finance.Yahoo.com which released: “What Do Analysts Think About Intuit Inc.’s (NASDAQ:INTU) Future? – Yahoo Finance” on July 05, 2019, also Nasdaq.com with their article: “Intuit (INTU) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release – Nasdaq” published on May 16, 2019, Nasdaq.com published: “Intuit (INTU) Q3 Earnings and Revenues Top Estimates, Up Y/Y – Nasdaq” on May 24, 2019. More interesting news about Intuit Inc. (NASDAQ:INTU) were released by: Globenewswire.com and their article: “Bragar Eagel & Squire, PC is Investigating Certain Officers and Directors of Rockwell Medical, Amneal Pharmaceuticals and Intuit and Encourages Investors to Contact the Firm – GlobeNewswire” published on June 26, 2019 as well as Nasdaq.com‘s news article titled: “Intuit (INTU) is a Great Momentum Stock: Should You Buy? – Nasdaq” with publication date: April 04, 2019.

Intuit Inc. (NASDAQ:INTU) Ratings Coverage

Among 12 analysts covering Intuit (NASDAQ:INTU), 6 have Buy rating, 0 Sell and 6 Hold. Therefore 50% are positive. Intuit had 22 analyst reports since February 1, 2019 according to SRatingsIntel. The stock of Intuit Inc. (NASDAQ:INTU) earned “Overweight” rating by KeyBanc Capital Markets on Friday, April 26. Barclays Capital maintained it with “Hold” rating and $225 target in Friday, February 22 report. The company was maintained on Wednesday, March 6 by Bank of America. The stock of Intuit Inc. (NASDAQ:INTU) has “Hold” rating given on Friday, February 22 by UBS. The stock of Intuit Inc. (NASDAQ:INTU) has “Buy” rating given on Friday, April 12 by Deutsche Bank. The rating was upgraded by Morgan Stanley to “Equal-Weight” on Monday, February 4. The company was maintained on Friday, February 1 by Goldman Sachs. The rating was maintained by KeyBanc Capital Markets with “Buy” on Friday, February 22. KeyBanc Capital Markets maintained it with “Overweight” rating and $285 target in Tuesday, April 2 report. KeyBanc Capital Markets maintained the stock with “Overweight” rating in Friday, May 24 report.

Intuit Inc. (NASDAQ:INTU) Institutional Positions Chart

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