OxFORD Asset Management LLP boosted its position in Gartner, Inc. (NYSE:IT) by 82.9% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 17,309 shares of the information technology services provider’s stock after acquiring an additional 7,844 shares during the period. OxFORD Asset Management LLP’s holdings in Gartner were worth $2,138,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in IT. Vanguard Group Inc. grew its stake in shares of Gartner by 32.4% during the 2nd quarter. Vanguard Group Inc. now owns 8,680,305 shares of the information technology services provider’s stock valued at $1,072,104,000 after buying an additional 2,125,783 shares during the period. BlackRock Inc. grew its stake in shares of Gartner by 5,309.2% during the 1st quarter. BlackRock Inc. now owns 8,174,829 shares of the information technology services provider’s stock valued at $882,800,000 after buying an additional 8,023,700 shares during the period. Polen Capital Management LLC grew its stake in shares of Gartner by 6.9% during the 2nd quarter. Polen Capital Management LLC now owns 3,972,949 shares of the information technology services provider’s stock valued at $490,699,000 after buying an additional 257,899 shares during the period. Janus Capital Management LLC grew its stake in shares of Gartner by 62.0% during the 1st quarter. Janus Capital Management LLC now owns 3,555,481 shares of the information technology services provider’s stock valued at $383,956,000 after buying an additional 1,360,165 shares during the period. Finally, State Street Corp grew its stake in shares of Gartner by 2.1% during the 1st quarter. State Street Corp now owns 2,718,707 shares of the information technology services provider’s stock valued at $293,593,000 after buying an additional 56,328 shares during the period. 91.95% of the stock is owned by hedge funds and other institutional investors.

In other Gartner news, Director Anne Sutherland Fuchs sold 5,000 shares of the stock in a transaction on Friday, August 25th. The shares were sold at an average price of $118.92, for a total value of $594,600.00. Following the completion of the sale, the director now directly owns 27,395 shares of the company’s stock, valued at approximately $3,257,813.40. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, SVP Robin B. Kranich sold 7,487 shares of the stock in a transaction on Friday, September 1st. The shares were sold at an average price of $120.08, for a total transaction of $899,038.96. Following the completion of the sale, the senior vice president now directly owns 21,298 shares of the company’s stock, valued at $2,557,463.84. The disclosure for this sale can be found here. Insiders sold a total of 23,363 shares of company stock worth $2,775,387 over the last quarter. 4.40% of the stock is currently owned by company insiders.

IT has been the subject of a number of research reports. BMO Capital Markets reaffirmed a “buy” rating and set a $132.00 price target on shares of Gartner in a research report on Wednesday. BidaskClub cut shares of Gartner from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, August 9th. Zacks Investment Research raised shares of Gartner from a “hold” rating to a “buy” rating and set a $142.00 price target for the company in a research report on Wednesday, July 19th. TheStreet cut shares of Gartner from a “b” rating to a “c+” rating in a research report on Tuesday, August 8th. Finally, Piper Jaffray Companies reaffirmed a “hold” rating and set a $105.00 price target on shares of Gartner in a research report on Thursday, August 31st. Six equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $126.56.

Gartner, Inc. (NYSE IT) opened at 122.39 on Friday. The firm has a 50-day moving average of $122.16 and a 200-day moving average of $119.27. The firm has a market cap of $11.09 billion, a price-to-earnings ratio of 251.31 and a beta of 1.07. Gartner, Inc. has a one year low of $84.54 and a one year high of $130.02.

Gartner (NYSE:IT) last posted its earnings results on Tuesday, August 8th. The information technology services provider reported $0.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.05. Gartner had a net margin of 1.50% and a return on equity of 103.10%. The business had revenue of $843.73 million for the quarter, compared to analyst estimates of $892.64 million. During the same period last year, the business posted $0.75 EPS. Gartner’s revenue was up 38.3% compared to the same quarter last year. Analysts anticipate that Gartner, Inc. will post $3.41 EPS for the current year.

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Gartner Company Profile

Gartner, Inc is an information technology research and advisory company. The Company works with clients to research, analyze and interpret the business of information technology (IT), supply chain and marketing within the context of their individual roles. It operates in three segments: Research, Consulting and Events.

Institutional Ownership by Quarter for Gartner (NYSE:IT)

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