November 23, 2016 - By Marie Mckinney · 0 Comments
The stock of Altisource Ptf Solutions SA (NASDAQ:ASPS) registered a decrease of 5.71% in short interest. ASPS’s total short interest was 4.86 million shares in November as published by FINRA. Its down 5.71% from 5.16 million shares, reported previously. With 476,100 shares average volume, it will take short sellers 10 days to cover their ASPS’s short positions. The short interest to Altisource Ptf Solutions SA’s float is 50.46%. The stock increased 0.25% or $0.07 during the last trading session, hitting $28.01. Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) has risen 1.01% since April 21, 2016 and is uptrending. It has underperformed by 4.32% the S&P500.
Altisource Portfolio Solutions S.A. is a marketplace and transaction solutions well-known provider for the real estate, mortgage and consumer debt industries. The company has a market cap of $543.35 million. The Firm operates through three divisions: Mortgage Services, Financial Services and Technology Services. It has a 208.8 P/E ratio. The Company’s Mortgage Services segment provides services that span the mortgage and real estate lifecycle, and are outsourced by loan servicers, loan originators, home investors, and other sellers and buyers of single family homes.
Insitutional Activity: The institutional sentiment increased to 1 in Q2 2016. Its up 0.31, from 0.69 in 2016Q1. The ratio improved, as 10 funds sold all Altisource Portfolio Solutions S.A. shares owned while 48 reduced positions. 12 funds bought stakes while 28 increased positions. They now own 12.83 million shares or 2.77% more from 12.48 million shares in 2016Q1.
Rhumbline Advisers holds 0% of its portfolio in Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) for 11,947 shares. Vanguard Grp has invested 0% of its portfolio in Altisource Portfolio Solutions S.A. (NASDAQ:ASPS). Northern Tru, a Illinois-based fund reported 141,441 shares. Connor Clark & Lunn Inv Mgmt Ltd owns 119,650 shares or 0.02% of their US portfolio. Renaissance Technologies Llc accumulated 119,000 shares or 0.01% of the stock. Blackrock Inv Management Ltd Liability last reported 46,380 shares in the company. Blackrock Group Inc Ltd reported 19,749 shares or 0% of all its holdings. Amer Century Inc has invested 0.01% of its portfolio in Altisource Portfolio Solutions S.A. (NASDAQ:ASPS). Of Virginia Limited Liability Company last reported 285,523 shares in the company. Deere And Com last reported 0.07% of its portfolio in the stock. Citigroup Inc reported 6,895 shares or 0% of all its holdings. Moreover, Morgan Stanley has 0% invested in Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) for 127,425 shares. Gsa Cap Prtnrs Llp last reported 115,997 shares in the company. C M Bidwell & Assoc Ltd last reported 0.11% of its portfolio in the stock. The New York-based Goldman Sachs has invested 0% in Altisource Portfolio Solutions S.A. (NASDAQ:ASPS).
Insider Transactions: Since July 26, 2016, the stock had 3 buys, and 7 selling transactions for $19.01 million net activity. Shares for $1.36M were sold by ERBEY WILLIAM C on Monday, August 1. Another trade for 4,809 shares valued at $123,357 was sold by LINN W MICHAEL. On Monday, October 31 COOPERMAN LEON G sold $6.81M worth of the stock or 262,100 shares. Another trade for 172,804 shares valued at $4.13M was made by Omega Advisors Inc. on Wednesday, July 27. Shepro William B bought 6,130 shares worth $149,786.
Out of 2 analysts covering Altisource Portfolio Solutions (NASDAQ:ASPS), 0 rate it a “Buy”, 2 “Sell”, while 0 “Hold”. This means 0 are positive. $28 is the highest target while $25 is the lowest. The $25 average target is -10.75% below today’s ($28.01) stock price. Altisource Portfolio Solutions has been the topic of 6 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The firm has “Underweight” rating by Piper Jaffray given on Monday, May 2. The firm earned “Neutral” rating on Monday, December 7 by Compass Point. Piper Jaffray reinitiated the stock with “Neutral” rating in Friday, December 11 report. The company was maintained on Friday, July 24 by Compass Point. Compass Point upgraded Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) on Wednesday, August 10 to “Buy” rating. Compass Point downgraded the stock to “Sell” rating in Tuesday, November 1 report.
Altisource Portfolio Solutions S.A., incorporated on November 22, 1999, is a marketplace and transaction solutions well-known provider for the real estate, mortgage and consumer debt industries. The Firm operates through three divisions: Mortgage Services, Financial Services and Technology Services.
More notable recent Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) news were published by: Marketwatch.com which released: “Altisource Portfolio Solutions SA” on October 16, 2010, also Quotes.Wsj.com with their article: “DOW JONES, A NEWS CORP COMPANY” published on February 12, 2011, Seekingalpha.com published: “Altisource Portfolio Solutions SA’s (ASPS) CEO William Shepro on Q1 2016 …” on May 01, 2016. More interesting news about Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) were released by: Fool.com and their article: “Why Shares of Altisource Portfolio Solutions SA Surged Today” published on April 23, 2015 as well as Thestreet.com‘s news article titled: “Why Altisource Portfolio Solutions (ASPS) Stock Closed Down Today” with publication date: October 22, 2014.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.
By Marie Mckinney