Harbour Capital Advisors LLC lifted its holdings in shares of Intuit Inc. (NASDAQ:INTU) by 26.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,446 shares of the software maker’s stock after buying an additional 1,765 shares during the quarter. Harbour Capital Advisors LLC’s holdings in Intuit were worth $1,201,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the company. Comgest Global Investors S.A.S. boosted its stake in Intuit by 2.4% during the 2nd quarter. Comgest Global Investors S.A.S. now owns 439,976 shares of the software maker’s stock worth $58,433,000 after acquiring an additional 10,400 shares during the last quarter. Oakbrook Investments LLC boosted its stake in Intuit by 118.1% during the 3rd quarter. Oakbrook Investments LLC now owns 21,425 shares of the software maker’s stock worth $3,045,000 after acquiring an additional 11,600 shares during the last quarter. Schroder Investment Management Group boosted its stake in Intuit by 218.4% during the 2nd quarter. Schroder Investment Management Group now owns 229,027 shares of the software maker’s stock worth $30,483,000 after acquiring an additional 157,101 shares during the last quarter. State Board of Administration of Florida Retirement System boosted its stake in Intuit by 0.5% during the 3rd quarter. State Board of Administration of Florida Retirement System now owns 375,423 shares of the software maker’s stock worth $53,363,000 after acquiring an additional 1,870 shares during the last quarter. Finally, Asset Advisors Corp boosted its stake in Intuit by 2.5% during the 3rd quarter. Asset Advisors Corp now owns 92,565 shares of the software maker’s stock worth $13,157,000 after acquiring an additional 2,300 shares during the last quarter. Institutional investors own 86.57% of the company’s stock.

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Several research analysts recently weighed in on INTU shares. Citigroup Inc. lifted their price objective on shares of Intuit to $170.00 in a research note on Tuesday. Argus started coverage on shares of Intuit in a research note on Wednesday, September 20th. They set a “buy” rating and a $165.00 price objective on the stock. Moffett Nathanson started coverage on shares of Intuit in a research note on Thursday, September 7th. They set a “buy” rating and a $150.00 price objective on the stock. Zacks Investment Research raised shares of Intuit from a “hold” rating to a “buy” rating and set a $152.00 price objective on the stock in a research note on Monday, August 28th. Finally, Jefferies Group LLC started coverage on shares of Intuit in a research note on Thursday, August 24th. They set a “buy” rating and a $157.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and twelve have issued a buy rating to the company’s stock. Intuit currently has a consensus rating of “Buy” and an average price target of $154.72.

Shares of Intuit Inc. (NASDAQ:INTU) traded up $1.23 during mid-day trading on Tuesday, hitting $157.78. 1,870,600 shares of the stock were exchanged, compared to its average volume of 1,475,816. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.73 and a current ratio of 0.73. The company has a market capitalization of $40,180.00, a price-to-earnings ratio of 41.53, a PEG ratio of 2.76 and a beta of 1.18. Intuit Inc. has a twelve month low of $111.48 and a twelve month high of $158.90.

Intuit (NASDAQ:INTU) last announced its quarterly earnings data on Monday, November 20th. The software maker reported $0.11 EPS for the quarter, topping the Zacks’ consensus estimate of ($0.19) by $0.30. The business had revenue of $886.00 million for the quarter, compared to analyst estimates of $855.74 million. Intuit had a net margin of 18.76% and a return on equity of 82.43%. The firm’s revenue for the quarter was up 13.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.06 earnings per share. equities analysts predict that Intuit Inc. will post 4.03 EPS for the current year.

In other news, EVP Henry Tayloe Stansbury sold 1,783 shares of the business’s stock in a transaction on Wednesday, September 27th. The shares were sold at an average price of $144.20, for a total value of $257,108.60. Following the sale, the executive vice president now owns 2,675 shares of the company’s stock, valued at $385,735. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Scott D. Cook sold 183,333 shares of the business’s stock in a transaction on Wednesday, September 20th. The stock was sold at an average price of $145.19, for a total transaction of $26,618,118.27. The disclosure for this sale can be found here. In the last three months, insiders sold 1,084,194 shares of company stock worth $151,162,540. 5.70% of the stock is currently owned by insiders.

About Intuit

Intuit Inc is a provider of business and financial management solutions for small businesses, consumers and accounting professionals. The Company operates through three segments: Small Business, Consumer Tax and ProConnect. The Small Business segment serves and advises small businesses and the accounting professionals, and includes QuickBooks financial and business management online services and desktop software, payroll solutions, and payment processing solutions.

Institutional Ownership by Quarter for Intuit (NASDAQ:INTU)

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