Cubic Asset Management Cut Brinker Intl (EAT) Stake; Pay88 (PAY)’s Sentiment Is 0.88

February 3, 2018 - By Clifton Ray

VeriFone Systems, Inc. provides payments and commerce solutions at the point of sale worldwide. The company has market cap of $1.94 billion. It offers countertop solutions that accept payment options, such as contactless, NFC, mobile wallets, and EMV; PIN pads that support credit and debit card, EBT, EMV, and other PIN transactions; and multimedia consumer facing POS devices. It currently has negative earnings. The firm also provides portable payment devices, including small, portable, and handheld devices that enable merchants to accept electronic payments wherever wireless connectivity is available; and mobile solutions that attach to and interface with iOS, Android, or Windows smartphones and tablets.

Cubic Asset Management Llc decreased Brinker Intl Inc (EAT) stake by 8.16% reported in 2017Q3 SEC filing. Cubic Asset Management Llc sold 10,575 shares as Brinker Intl Inc (EAT)’s stock declined 8.41%. The Cubic Asset Management Llc holds 119,050 shares with $3.79 million value, down from 129,625 last quarter. Brinker Intl Inc now has $1.67B valuation. The stock decreased 2.25% or $0.83 during the last trading session, reaching $36.11. About 2.47M shares traded or 45.57% up from the average. Brinker International, Inc. (NYSE:EAT) has declined 7.85% since February 3, 2017 and is downtrending. It has underperformed by 24.55% the S&P500.




Investors sentiment increased to 1.12 in 2017 Q3. Its up 0.26, from 0.86 in 2017Q2. It is positive, as 35 investors sold EAT shares while 71 reduced holdings. 35 funds opened positions while 84 raised stakes. 52.96 million shares or 0.25% less from 53.09 million shares in 2017Q2 were reported. Comerica Bankshares has invested 0.01% in Brinker International, Inc. (NYSE:EAT). Creative Planning holds 6,995 shares or 0% of its portfolio. North Star Investment Mgmt Corp, a Illinois-based fund reported 3,075 shares. Goldman Sachs holds 0.01% or 806,829 shares. Caxton Assocs Lp reported 13,100 shares or 0.01% of all its holdings. Jpmorgan Chase holds 0.04% or 5.15M shares. Barclays Public Limited Co owns 0% invested in Brinker International, Inc. (NYSE:EAT) for 55,621 shares. Premier Asset Llc stated it has 17,050 shares. Balyasny Asset Mgmt Limited Liability Com invested in 40,335 shares or 0.01% of the stock. Wells Fargo And Mn holds 0.01% in Brinker International, Inc. (NYSE:EAT) or 689,705 shares. 38,315 were accumulated by Dupont Capital Management. Boyar Asset Mgmt has 36,044 shares. Envestnet Asset Mgmt Incorporated accumulated 0% or 9,672 shares. Jacobs Levy Equity owns 130,360 shares. Aqr Cap Mngmt Lc has 0.04% invested in Brinker International, Inc. (NYSE:EAT) for 921,268 shares.

Among 24 analysts covering Brinker (NYSE:EAT), 6 have Buy rating, 2 Sell and 16 Hold. Therefore 25% are positive. Brinker had 71 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of Brinker International, Inc. (NYSE:EAT) has “Outperform” rating given on Monday, June 6 by Topeka Capital Markets. The stock of Brinker International, Inc. (NYSE:EAT) earned “Equal-Weight” rating by Barclays Capital on Wednesday, January 24. The firm has “Buy” rating by Maxim Group given on Wednesday, April 26. The stock of Brinker International, Inc. (NYSE:EAT) earned “Buy” rating by Maxim Group on Tuesday, April 11. The stock of Brinker International, Inc. (NYSE:EAT) has “Outperform” rating given on Friday, April 21 by Oppenheimer. On Thursday, December 21 the stock rating was maintained by RBC Capital Markets with “Hold”. The firm has “Hold” rating given on Tuesday, January 30 by BMO Capital Markets. The stock has “Buy” rating by Maxim Group on Tuesday, September 12. As per Friday, August 7, the company rating was maintained by RBC Capital Markets. The firm has “Market Perform” rating given on Thursday, June 22 by BMO Capital Markets.

Ratings analysis reveals 29% of VeriFone’s analysts are positive. Out of 7 Wall Street analysts rating VeriFone, 2 give it “Buy”, 0 “Sell” rating, while 5 recommend “Hold”. The lowest target is $15.0 while the high is $23.0. The stock’s average target of $18 is 4.23% above today’s ($17.27) share price. PAY was included in 7 notes of analysts from September 2, 2016. Imperial Capital downgraded VeriFone Systems, Inc. (NYSE:PAY) rating on Monday, September 12. Imperial Capital has “In-Line” rating and $18.0 target. Deutsche Bank maintained VeriFone Systems, Inc. (NYSE:PAY) rating on Friday, September 2. Deutsche Bank has “Hold” rating and $15.0 target. The stock of VeriFone Systems, Inc. (NYSE:PAY) has “Neutral” rating given on Friday, September 2 by Piper Jaffray. On Friday, September 2 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. Compass Point maintained VeriFone Systems, Inc. (NYSE:PAY) on Tuesday, December 13 with “Neutral” rating. The stock of VeriFone Systems, Inc. (NYSE:PAY) earned “Buy” rating by Craig Hallum on Monday, October 17. The stock of VeriFone Systems, Inc. (NYSE:PAY) has “Buy” rating given on Friday, September 2 by Stifel Nicolaus.

Analysts await VeriFone Systems, Inc. (NYSE:PAY) to report earnings on March, 8. They expect $0.16 EPS, up 33.33% or $0.04 from last year’s $0.12 per share. PAY’s profit will be $17.98 million for 26.98 P/E if the $0.16 EPS becomes a reality. After $0.35 actual EPS reported by VeriFone Systems, Inc. for the previous quarter, Wall Street now forecasts -54.29% negative EPS growth.

The stock decreased 2.87% or $0.51 during the last trading session, reaching $17.27. About 1.02M shares traded. VeriFone Systems, Inc. (PAY) has declined 31.93% since February 3, 2017 and is downtrending. It has underperformed by 48.63% the S&P500.

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.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts