Forward Management Lifted Mobile Telesystems Pjsc (MBT) Position by $364,000; Tiverton Asset Management Has Decreased Sps Commerce (SPSC) Position by $1.11 Million

December 7, 2017 - By Adrian Erickson

Tiverton Asset Management Llc decreased its stake in Sps Commerce Inc (SPSC) by 25.19% based on its latest 2017Q2 regulatory filing with the SEC. Tiverton Asset Management Llc sold 17,633 shares as the company’s stock rose 6.69% with the market. The institutional investor held 52,367 shares of the technology company at the end of 2017Q2, valued at $3.34M, down from 70,000 at the end of the previous reported quarter. Tiverton Asset Management Llc who had been investing in Sps Commerce Inc for a number of months, seems to be less bullish one the $836.76 million market cap company. The stock increased 0.50% or $0.24 during the last trading session, reaching $48.58. About 22,834 shares traded. SPS Commerce, Inc. (NASDAQ:SPSC) has risen 11.79% since December 7, 2016 and is uptrending. It has underperformed by 4.91% the S&P500.

Forward Management Llc increased its stake in Mobile Telesystems Pjsc (MBT) by 95.79% based on its latest 2017Q2 regulatory filing with the SEC. Forward Management Llc bought 45,500 shares as the company’s stock declined 10.26% while stock markets rallied. The institutional investor held 93,000 shares of the telecommunications equipment company at the end of 2017Q2, valued at $779,000, up from 47,500 at the end of the previous reported quarter. Forward Management Llc who had been investing in Mobile Telesystems Pjsc for a number of months, seems to be bullish on the $8.75 billion market cap company. The stock decreased 5.33% or $0.51 during the last trading session, reaching $8.97. About 1.58M shares traded. Public Joint-Stock Company Mobile TeleSystems (NYSE:MBT) has risen 4.98% since December 7, 2016 and is uptrending. It has underperformed by 11.72% the S&P500.




Analysts await SPS Commerce, Inc. (NASDAQ:SPSC) to report earnings on February, 6. They expect $0.12 EPS, down 29.41% or $0.05 from last year’s $0.17 per share. SPSC’s profit will be $2.07M for 101.21 P/E if the $0.12 EPS becomes a reality. After $0.14 actual EPS reported by SPS Commerce, Inc. for the previous quarter, Wall Street now forecasts -14.29% negative EPS growth.

Tiverton Asset Management Llc, which manages about $1.85B US Long portfolio, upped its stake in Kraft Heinz Co/The by 27,500 shares to 79,800 shares, valued at $6.83M in 2017Q2, according to the filing. It also increased its holding in Syndax Pharmaceuticals Inc by 54,560 shares in the quarter, for a total of 137,732 shares, and has risen its stake in Proofpoint Inc (NASDAQ:PFPT).

More notable recent SPS Commerce, Inc. (NASDAQ:SPSC) news were published by: Seekingalpha.com which released: “SPS Commerce’s (SPSC) CEO Archie Black on Q2 2017 Results – Earnings Call …” on July 28, 2017, also Startribune.com with their article: “SPS Commerce shares fall after revenue forecast signals slower growth” published on February 08, 2017, Seekingalpha.com published: “SPS Commerce’s (SPSC) CEO Archie Black on Q3 2017 Results – Earnings Call …” on October 28, 2017. More interesting news about SPS Commerce, Inc. (NASDAQ:SPSC) were released by: Globenewswire.com and their article: “SPS Commerce Announces Date of Third Quarter 2017 Financial Results” published on October 12, 2017 as well as Globenewswire.com‘s news article titled: “SPS Commerce Announces Stock Repurchase Program” with publication date: November 02, 2017.

Among 12 analysts covering SPS Commerce (NASDAQ:SPSC), 7 have Buy rating, 1 Sell and 4 Hold. Therefore 58% are positive. SPS Commerce had 30 analyst reports since July 27, 2015 according to SRatingsIntel. The stock has “Buy” rating by Benchmark on Tuesday, December 6. The stock of SPS Commerce, Inc. (NASDAQ:SPSC) earned “Buy” rating by Northland Capital on Thursday, July 27. The firm has “Hold” rating by Canaccord Genuity given on Monday, July 24. The stock of SPS Commerce, Inc. (NASDAQ:SPSC) earned “Buy” rating by Stifel Nicolaus on Thursday, July 27. The rating was downgraded by Canaccord Genuity on Wednesday, February 8 to “Hold”. The firm has “Hold” rating given on Friday, October 27 by Canaccord Genuity. The rating was maintained by Needham with “Buy” on Thursday, July 23. The stock has “Buy” rating by Oppenheimer on Tuesday, August 8. Pacific Crest initiated SPS Commerce, Inc. (NASDAQ:SPSC) on Friday, September 30 with “Overweight” rating. The stock of SPS Commerce, Inc. (NASDAQ:SPSC) has “Outperform” rating given on Friday, July 24 by Northland Capital.

Investors sentiment decreased to 0.88 in Q2 2017. Its down 0.41, from 1.29 in 2017Q1. It turned negative, as 16 investors sold SPSC shares while 49 reduced holdings. 18 funds opened positions while 39 raised stakes. 16.82 million shares or 0.15% less from 16.85 million shares in 2017Q1 were reported. Geneva Lc stated it has 0.03% of its portfolio in SPS Commerce, Inc. (NASDAQ:SPSC). The Massachusetts-based Fmr Limited Liability Company has invested 0.01% in SPS Commerce, Inc. (NASDAQ:SPSC). State Board Of Administration Of Florida Retirement Systems reported 13,901 shares stake. Waddell Reed Fincl stated it has 119,584 shares or 0.02% of all its holdings. Bb&T has 3,565 shares for 0% of their portfolio. Legal And General Public Ltd Co holds 30,932 shares or 0% of its portfolio. Moreover, Fifth Third Financial Bank has 0% invested in SPS Commerce, Inc. (NASDAQ:SPSC) for 1,171 shares. Mason Street Advisors Ltd Liability Co holds 0.01% or 4,240 shares in its portfolio. Ranger Investment Mngmt Lp has 1.16% invested in SPS Commerce, Inc. (NASDAQ:SPSC) for 255,040 shares. Raymond James Assocs owns 0% invested in SPS Commerce, Inc. (NASDAQ:SPSC) for 31,288 shares. Amica Pension Fund Board Of Trustees reported 0.07% in SPS Commerce, Inc. (NASDAQ:SPSC). Zacks Investment Management, a Illinois-based fund reported 20,204 shares. Us Retail Bank De reported 10,739 shares stake. Ack Asset Mgmt Ltd Com holds 1.23% or 85,300 shares in its portfolio. Louisiana State Employees Retirement Sys accumulated 7,000 shares.

Among 10 analysts covering Mobile TeleSystems (NYSE:MBT), 4 have Buy rating, 0 Sell and 6 Hold. Therefore 40% are positive. Mobile TeleSystems had 19 analyst reports since August 19, 2015 according to SRatingsIntel. The stock of Public Joint-Stock Company Mobile TeleSystems (NYSE:MBT) has “Neutral” rating given on Thursday, March 10 by Citigroup. The rating was upgraded by JP Morgan to “Overweight” on Wednesday, July 26. The rating was upgraded by Citigroup to “Buy” on Monday, November 21. Credit Suisse initiated the stock with “Outperform” rating in Monday, June 20 report. The stock has “Buy” rating by Deutsche Bank on Tuesday, September 12. As per Friday, May 5, the company rating was downgraded by Morgan Stanley. The firm has “Buy” rating by Deutsche Bank given on Thursday, January 14. The stock of Public Joint-Stock Company Mobile TeleSystems (NYSE:MBT) has “Hold” rating given on Thursday, March 24 by HSBC. The stock of Public Joint-Stock Company Mobile TeleSystems (NYSE:MBT) has “Hold” rating given on Friday, April 7 by Standpoint Research. On Thursday, September 1 the stock rating was downgraded by HSBC to “Hold”.

More notable recent Public Joint-Stock Company Mobile TeleSystems (NYSE:MBT) news were published by: Benzinga.com which released: “Earnings Scheduled For August 22, 2017” on August 22, 2017, also Benzinga.com with their article: “28 Stocks Moving In Wednesday’s Pre-Market Session” published on December 06, 2017, Benzinga.com published: “Benzinga’s Top Upgrades, Downgrades For September 12, 2017” on September 12, 2017. More interesting news about Public Joint-Stock Company Mobile TeleSystems (NYSE:MBT) were released by: Benzinga.com and their article: “16 Stocks Moving In Monday’s Pre-Market Session” published on October 31, 2016 as well as Investorplace.com‘s news article titled: “4 Russian Stocks Feeling the Pain” with publication date: July 10, 2017.

Forward Management Llc, which manages about $5.17B and $1.18 billion US Long portfolio, decreased its stake in China Yuchai Intl Ltd (NYSE:CYD) by 24,038 shares to 282,287 shares, valued at $4.78 million in 2017Q2, according to the filing. It also reduced its holding in Urstadt Biddle Pptys Inc (NYSE:UBA) by 100,000 shares in the quarter, leaving it with 92,100 shares, and cut its stake in Interxion Holding N.V (NYSE:INXN).

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