Gates Capital Management Has Lowered Varian Med Sys (VAR) Position By $10.00 Million; Citizens Holding Co (CIZN)’s Sentiment Is 6

March 24, 2018 - By Lawrence Diaz

Gates Capital Management Inc decreased Varian Med Sys Inc (VAR) stake by 14.91% reported in 2017Q3 SEC filing. Gates Capital Management Inc sold 100,000 shares as Varian Med Sys Inc (VAR)’s stock rose 13.68%. The Gates Capital Management Inc holds 570,902 shares with $57.12 million value, down from 670,902 last quarter. Varian Med Sys Inc now has $10.91B valuation. The stock decreased 1.35% or $1.64 during the last trading session, reaching $119.45. About 545,992 shares traded. Varian Medical Systems, Inc. (NYSE:VAR) has risen 29.46% since March 24, 2017 and is uptrending. It has outperformed by 12.76% the S&P500.

Citizens Holding Company operates as the bank holding firm for The Citizens Bank of Philadelphia that provides a range of commercial and personal banking services and products in Mississippi, the United States. The company has market cap of $111.11 million. The firm offers demand deposits, and savings and time deposit accounts. It has a 29.91 P/E ratio. The Company’s loan portfolio comprises secured and unsecured loans; letters of credit; mortgage loans; installment loans; credit card loans; real estate loans, including single and multi-family housing, farm, residential and commercial construction, and commercial real estate loans; commercial, industrial, and agricultural production loans; and consumer loans.

Bancorpsouth Inc holds 0.39% of its portfolio in Citizens Holding Company for 158,987 shares. Acg Wealth owns 65,160 shares or 0.28% of their US portfolio. Moreover, Stevens First Principles Investment Advisors has 0.09% invested in the company for 6,580 shares. The New York-based Maltese Capital Management Llc has invested 0.02% in the stock. Bridgeway Capital Management Inc, a Texas-based fund reported 25,170 shares.

The stock increased 4.13% or $0.9 during the last trading session, reaching $22.7. About 161 shares traded. Citizens Holding Company (CIZN) has risen 5.73% since March 24, 2017 and is uptrending. It has underperformed by 10.97% the S&P500.

Gates Capital Management Inc increased Ishares Tr (Put) (IWM) stake by 2.50M shares to 8.00M valued at $1.19 billion in 2017Q3. It also upped Davita Inc (NYSE:DVA) stake by 366,824 shares and now owns 2.41 million shares. Gcp Applied Technologies Inc was raised too.

Investors sentiment decreased to 0.8 in Q3 2017. Its down 0.22, from 1.02 in 2017Q2. It turned negative, as 37 investors sold VAR shares while 166 reduced holdings. 51 funds opened positions while 156 raised stakes. 89.98 million shares or 0.15% less from 90.12 million shares in 2017Q2 were reported. Conning Inc has 2,371 shares. Atlantic Trust Group Ltd Company holds 15,117 shares or 0.01% of its portfolio. Deutsche Bancorporation Ag has invested 0.03% in Varian Medical Systems, Inc. (NYSE:VAR). First Republic Inv Management, California-based fund reported 5,110 shares. Baystate Wealth Mngmt Limited Liability Co has invested 0% of its portfolio in Varian Medical Systems, Inc. (NYSE:VAR). Robeco Institutional Asset Mgmt Bv accumulated 276,703 shares or 0.17% of the stock. Stonebridge Cap Mngmt stated it has 10,339 shares or 0.39% of all its holdings. Citigroup Incorporated invested in 0% or 3,672 shares. Buckingham Asset Ltd Liability Com holds 2,351 shares or 0.06% of its portfolio. Moreover, Strs Ohio has 0.01% invested in Varian Medical Systems, Inc. (NYSE:VAR) for 14,948 shares. Wells Fargo And Company Mn invested in 1.12 million shares or 0.03% of the stock. The Ohio-based Gateway Invest Advisers Lc has invested 0% in Varian Medical Systems, Inc. (NYSE:VAR). Meeder Asset stated it has 8,585 shares. Laurion Cap Mgmt LP holds 34,500 shares or 0.02% of its portfolio. Gam Holdg Ag holds 0.08% or 18,622 shares in its portfolio.

Since October 6, 2017, it had 0 buys, and 22 selling transactions for $24.43 million activity. KENNEDY KOLLEEN T also sold $117,823 worth of Varian Medical Systems, Inc. (NYSE:VAR) shares. $2.83 million worth of Varian Medical Systems, Inc. (NYSE:VAR) shares were sold by WILSON DOW R. 1,952 shares valued at $235,413 were sold by BOSTROM SUSAN L on Thursday, February 22. KUO JOHN W sold $166,672 worth of Varian Medical Systems, Inc. (NYSE:VAR) on Thursday, March 15. The insider MOMSEN MAGNUS sold 1,556 shares worth $196,792. $1.11M worth of stock was sold by GUERTIN TIMOTHY E on Tuesday, January 2. ILLINGWORTH DAVID J sold $692,560 worth of Varian Medical Systems, Inc. (NYSE:VAR) on Tuesday, March 6.

Analysts await Varian Medical Systems, Inc. (NYSE:VAR) to report earnings on April, 25 after the close. They expect $1.03 earnings per share, up 15.73% or $0.14 from last year’s $0.89 per share. VAR’s profit will be $94.04 million for 28.99 P/E if the $1.03 EPS becomes a reality. After $1.06 actual earnings per share reported by Varian Medical Systems, Inc. for the previous quarter, Wall Street now forecasts -2.83% negative EPS growth.

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