November 21, 2016 - By kentuckypostne · 0 Comments
Jetpay Corp (NASDAQ:JTPY) institutional sentiment increased to 1.33 in 2016 Q2. Its up 0.83, from 0.5 in 2016Q1. The ratio increased, as 2 investment managers increased or started new stock positions, while 4 reduced and sold stakes in Jetpay Corp. The investment managers in our partner’s database now hold: 1.66 million shares, up from 1.58 million shares in 2016Q1. Also, the number of investment managers holding Jetpay Corp in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 1 Reduced: 3 Increased: 2 New Position: 0.
About 369 shares traded hands. Universal Business Payment Solutions Acquisition Corp (NASDAQ:JTPY) has risen 5.15% since April 19, 2016 and is uptrending. It has outperformed by 1.29% the S&P500.
According to Zacks Investment Research, “JetPay Corporation engages in providing a one vendor solution for payment services, debit and credit card processing, ACH services and payroll and tax processing needs of businesses throughout the US. It offers processing services to banks, sales organizations, and merchants. The Company specializes in technology solutions for the e-commerce and card-not-present marketplace. JetPay Corporation, formerly known as Universal Business Payment Solutions Acquisition Corporation, is based in United States.”
Bulldog Investors Llc holds 0.09% of its portfolio in Universal Business Payment Solutions Acquisition Corp for 153,651 shares. Archer Capital Management L.P. owns 100,100 shares or 0.04% of their US portfolio. Moreover, Davidson Kempner Capital Management Lp has 0.01% invested in the company for 79,818 shares. The Wisconsin-based Skylands Capital Llc has invested 0.01% in the stock. Bank Of America Corp De, a North Carolina-based fund reported 1,732 shares.#img1#
JetPay Corporation, formerly Universal Business Payment Solutions Acquisition Corporation, incorporated on November 12, 2010, is a well-known provider of payment services, such as debit and credit card processing, payroll and human capital management services (HCM services), and card services to businesses and their employees throughout the United States. The Company’s divisions include the JetPay Payment Processing Segment, JetPay HR and Payroll Segment, and Corporate. The JetPay Payment Processing Segment is an end-to-end processor of credit and debit card, and automated clearing house (ACH) payment transactions, with a focus on those processing Internet transactions and recurring billings, as well as traditional retailers and service providers. The JetPay HR and Payroll Segment provides HCM services, including payroll and related payroll tax payment processing, time and attendance, human resource (HR) services, services under the Patient Protection and Affordable Care Act (the Affordable Care Act) and other related services to small and medium-sized employers. It also operates JetPay Card Services, which is focused on providing money management and payment services to unbanked and under-banked employees of its business customers.
Another recent and important Universal Business Payment Solutions Acquisition Corp (NASDAQ:JTPY) news was published by Businesswire.com which published an article titled: “UBPS to Acquire and Consolidate Three Business Payment Companies in Proposed …” on July 09, 2012.
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