Nutanix $NTNX Position Raised by WINTON GROUP Ltd

WINTON GROUP Ltd increased its position in Nutanix (NASDAQ:NTNX) by 381.3% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 135,180 shares of the technology company’s stock after acquiring an additional 107,096 shares during the period. WINTON GROUP Ltd owned approximately 0.05% of Nutanix worth $6,889,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Parkside Financial Bank & Trust raised its stake in Nutanix by 43.8% during the 2nd quarter. Parkside Financial Bank & Trust now owns 578 shares of the technology company’s stock valued at $29,000 after acquiring an additional 176 shares in the last quarter. CoreCap Advisors LLC increased its stake in Nutanix by 28.6% during the 2nd quarter. CoreCap Advisors LLC now owns 900 shares of the technology company’s stock valued at $46,000 after buying an additional 200 shares during the period. Utah Retirement Systems raised its position in shares of Nutanix by 0.6% during the 4th quarter. Utah Retirement Systems now owns 42,355 shares of the technology company’s stock worth $2,189,000 after buying an additional 257 shares in the last quarter. International Assets Investment Management LLC lifted its stake in shares of Nutanix by 5.8% in the 1st quarter. International Assets Investment Management LLC now owns 4,700 shares of the technology company’s stock worth $179,000 after acquiring an additional 259 shares during the period. Finally, CX Institutional boosted its holdings in shares of Nutanix by 134.6% in the second quarter. CX Institutional now owns 488 shares of the technology company’s stock valued at $25,000 after acquiring an additional 280 shares in the last quarter. 85.25% of the stock is currently owned by institutional investors and hedge funds.

Nutanix Trading Down 0.8%

Nutanix stock opened at $66.94 on Thursday. The firm has a market cap of $18.10 billion, a price-to-earnings ratio of 12.97, a price-to-earnings-growth ratio of 3.83 and a beta of 0.62. Nutanix has a 1 year low of $34.01 and a 1 year high of $82.42. The firm’s 50 day moving average price is $61.13 and its two-hundred day moving average price is $49.74. The company has a debt-to-equity ratio of 1.92, a quick ratio of 1.78 and a current ratio of 1.80.

Nutanix (NASDAQ:NTNX) last announced its quarterly earnings data on Wednesday, August 26th. The technology company reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.49 by $0.11. The company had revenue of $757.08 million during the quarter, compared to the consensus estimate of $738.27 million. Nutanix had a negative return on equity of 90.13% and a net margin of 52.81%.The company’s quarterly revenue was up 15.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.37 EPS. On average, research analysts predict that Nutanix will post 1.02 EPS for the current fiscal year.

Wall Street Analyst Weigh In

NTNX has been the subject of a number of research reports. Keefe, Bruyette & Woods reaffirmed a “market perform” rating on shares of Nutanix in a research note on Tuesday, August 25th. UBS Group set a $85.00 price objective on Nutanix in a research note on Thursday, August 27th. JPMorgan Chase & Co. upped their price objective on Nutanix from $44.00 to $50.00 and gave the company a “neutral” rating in a report on Thursday, May 28th. KeyCorp raised their target price on Nutanix from $65.00 to $75.00 and gave the company an “overweight” rating in a research note on Monday, August 24th. Finally, Rosenblatt Securities lifted their target price on Nutanix from $60.00 to $75.00 and gave the stock a “buy” rating in a report on Tuesday, August 25th. Nine investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $72.71.

Nutanix Company Profile

Nutanix, Inc is a cloud computing software company that provides infrastructure and management solutions for enterprise data centers, private clouds, public clouds and hybrid multicloud environments. Its platform is designed to simplify the deployment, operation and management of applications and workloads across on-premises infrastructure and multiple cloud providers.

The company’s offerings include the Nutanix Cloud Infrastructure platform, which combines compute, storage and virtualization capabilities; the Nutanix Cloud Manager suite for monitoring, automation, governance and cost management; and Nutanix Unified Storage.