Next Century Growth Investors Cut Its Stake in Ultimate Software Group (ULTI) as Shares Rose; As Tiffany (TIF) Shares Rose, Tirschwell & Loewy Has Lowered Its Stake

0
45


July 13, 2018 – By Mary Kidd

Next Century Growth Investors Llc decreased its stake in Ultimate Software Group Inc. (ULTI) by 18.38% based on its latest 2018Q1 regulatory filing with the SEC. Next Century Growth Investors Llc sold 4,474 shares as the company’s stock rose 8.98% while stock markets declined. The institutional investor held 19,873 shares of the technology company at the end of 2018Q1, valued at $4.84 million, down from 24,347 at the end of the previous reported quarter. Next Century Growth Investors Llc who had been investing in Ultimate Software Group Inc. for a number of months, seems to be less bullish one the $8.59B market cap company. The stock increased 0.01% or $0.02 during the last trading session, reaching $280.48. About 36,428 shares traded. The Ultimate Software Group, Inc. (NASDAQ:ULTI) has risen 20.63% since July 13, 2017 and is uptrending. It has outperformed by 8.06% the S&P500. Some Historical ULTI News: 08/03/2018 – Ultimate Software Named to Canada’s 50 Best Workplaces for Women List; 14/05/2018 – Ultimate Software Presenting at JPMorgan Conference Tomorrow; 15/05/2018 – Vista Equity Adds Dropbox, Exits Ultimate Software: 13F; 01/05/2018 – ULTIMATE SOFTWARE SEES 2Q REV. $267M TO $269M, EST. $267.2M; 07/03/2018 One of the World’s Largest Gypsum Board Producers Uses UltiPro to Addresses Global Manufacturing Challenges; 12/04/2018 – Los Angeles Dodgers Enlists Ultimate Software’s UltiPro to Help Resolve Complex Payroll, HR Challenges; 13/03/2018 – Ultimate Software Brings Mercer | Sirota Employee Engagement Benchmarking to UltiPro Customers; 08/05/2018 – Ultimate Software Announces Presentations at American Payroll Association’s 36th Annual Congress; 08/05/2018 – Ultimate Software Announces Presentations at American Payroll Association’s 36th Annual Congress; 13/03/2018 – Ultimate Software Brings Mercer l Sirota Employee Engagement Benchmarking to UltiPro Customers

Tirschwell & Loewy Inc decreased its stake in Tiffany (TIF) by 2.22% based on its latest 2018Q1 regulatory filing with the SEC. Tirschwell & Loewy Inc sold 7,784 shares as the company’s stock rose 24.59% while stock markets declined. The institutional investor held 342,336 shares of the consumer specialties company at the end of 2018Q1, valued at $33.43M, down from 350,120 at the end of the previous reported quarter. Tirschwell & Loewy Inc who had been investing in Tiffany for a number of months, seems to be less bullish one the $16.46B market cap company. The stock increased 0.56% or $0.738 during the last trading session, reaching $132.498. About 156,462 shares traded. Tiffany & Co. (NYSE:TIF) has risen 50.56% since July 13, 2017 and is uptrending. It has outperformed by 37.99% the S&P500. Some Historical TIF News: 23/05/2018 – TIFFANY & CO – NET INVENTORIES AT APRIL 30, 2018 WERE 5% ABOVE PRIOR YEAR, WITH 2% OF THE INCREASE RESULTING FROM CURRENCY TRANSLATION; 05/04/2018 – CTA Promotes Karen Chupka to EVP, Tiffany Moore to SVP; 16/03/2018 – Tiffany & Co reported a 8.5 percent rise in quarterly sales, boosted by strong demand for its high-end silver and gold fashion jewelry during the holiday shopping season; 23/05/2018 – Tiffany Tops Views, Boosts Guidance — Earnings Review; 16/03/2018 – Tiffany & Co. Sees FY18 Net Inventories Increasing in Line With Sales Growth; 23/05/2018 – ♫ Reuters Insider – Breakingviews TV: Tiffany shines; 16/03/2018 – Tiffany holiday quarter results beat estimates; 23/05/2018 – TIFFANY & CO – BOARD AUTHORIZES $1 BLN SHARE REPURCHASE PROGRAM; 27/04/2018 – Tiffany & Co. Foundation and Conservation International Screen Film at Tribeca Film Festival; 16/05/2018 – National Storage Affiliates Trust Announces the Appointment of Tiffany S. Kenyon as Senior Vice Pres and Senior Legal Officer

Among 28 analysts covering Ultimate Software (NASDAQ:ULTI), 19 have Buy rating, 1 Sell and 8 Hold. Therefore 68% are positive. Ultimate Software had 72 analyst reports since October 22, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Wedbush on Wednesday, March 14. The firm has “Buy” rating by KeyBanc Capital Markets given on Sunday, June 25. The firm has “Neutral” rating given on Wednesday, February 3 by Wedbush. The firm earned “Buy” rating on Thursday, November 2 by RBC Capital Markets. The stock has “Buy” rating by RBC Capital Markets on Sunday, October 8. Canaccord Genuity maintained The Ultimate Software Group, Inc. (NASDAQ:ULTI) rating on Wednesday, February 7. Canaccord Genuity has “Buy” rating and $245.0 target. Credit Suisse maintained it with “Buy” rating and $24500 target in Wednesday, August 2 report. The stock has “Outperform” rating by FBR Capital on Monday, February 8. Canaccord Genuity maintained the shares of ULTI in report on Wednesday, August 2 with “Buy” rating. The stock of The Ultimate Software Group, Inc. (NASDAQ:ULTI) earned “Buy” rating by Guggenheim on Wednesday, February 7.

Investors sentiment increased to 0.99 in Q1 2018. Its up 0.04, from 0.95 in 2017Q4. It is positive, as 24 investors sold ULTI shares while 102 reduced holdings. 40 funds opened positions while 85 raised stakes. 30.88 million shares or 3.34% less from 31.95 million shares in 2017Q4 were reported. Bell Retail Bank invested in 2,250 shares. Brown Advisory Ltd Company has 0.07% invested in The Ultimate Software Group, Inc. (NASDAQ:ULTI) for 1,469 shares. Manufacturers Life The holds 46,438 shares or 0.01% of its portfolio. Moreover, Pinebridge Invests Lp has 0.13% invested in The Ultimate Software Group, Inc. (NASDAQ:ULTI) for 22,993 shares. Parametric Port Assoc Ltd Limited Liability Company holds 59,853 shares. Cibc Asset has invested 0% in The Ultimate Software Group, Inc. (NASDAQ:ULTI). Moreover, Stevens Capital Management Limited Partnership has 0.01% invested in The Ultimate Software Group, Inc. (NASDAQ:ULTI). D E Shaw And Co Inc holds 0% or 3,202 shares in its portfolio. Employees Retirement Systems Of Texas reported 0.02% stake. Bb&T Llc owns 0% invested in The Ultimate Software Group, Inc. (NASDAQ:ULTI) for 910 shares. Emerald Advisers Pa accumulated 7,666 shares. M&T Bancorp has 0% invested in The Ultimate Software Group, Inc. (NASDAQ:ULTI) for 1,739 shares. Carlson Capital Lp invested in 0.23% or 62,552 shares. Arizona State Retirement reported 19,629 shares. State Street stated it has 749,202 shares or 0.02% of all its holdings.

Analysts await The Ultimate Software Group, Inc. (NASDAQ:ULTI) to report earnings on August, 7. They expect $0.47 EPS, up 161.11% or $0.29 from last year’s $0.18 per share. ULTI’s profit will be $14.39M for 149.19 P/E if the $0.47 EPS becomes a reality. After $0.46 actual EPS reported by The Ultimate Software Group, Inc. for the previous quarter, Wall Street now forecasts 2.17% EPS growth.

Next Century Growth Investors Llc, which manages about $3.86B and $749.49M US Long portfolio, upped its stake in Caredx (NASDAQ:CDNA) by 792,629 shares to 1.58M shares, valued at $12.57M in 2018Q1, according to the filing. It also increased its holding in Universal Stainless & Alloy (NASDAQ:USAP) by 50,596 shares in the quarter, for a total of 211,132 shares, and has risen its stake in Trex Company Inc (NYSE:TREX).

More recent The Ultimate Software Group, Inc. (NASDAQ:ULTI) news were published by: Businesswire.com which released: “National Healthcare Organization Achieves Measurable Business Improvements with UltiPro Business Intelligence …” on July 11, 2018. Also Businesswire.com published the news titled: “Fortune Ranks Ultimate Software #1 Best Workplace for Millennials for Second Consecutive Year” on June 27, 2018. Businesswire.com‘s news article titled: “Ultimate Schedules Conference Call for Second Quarter 2018 Financial Results” with publication date: July 02, 2018 was also an interesting one.

Since February 8, 2018, it had 0 insider buys, and 10 sales for $56.99 million activity. $1.61M worth of The Ultimate Software Group, Inc. (NASDAQ:ULTI) was sold by Phenicie John C on Friday, February 9. Alvaro Felicia also sold $501,680 worth of The Ultimate Software Group, Inc. (NASDAQ:ULTI) shares. Another trade for 83,351 shares valued at $18.71 million was made by SCHERR MARC D on Thursday, February 8. Another trade for 28,125 shares valued at $6.32M was made by DAUERMAN MITCHELL K on Thursday, February 8. $1.24 million worth of The Ultimate Software Group, Inc. (NASDAQ:ULTI) was sold by Manne Robert on Thursday, May 3. On Friday, February 9 Swick Gregory sold $677,298 worth of The Ultimate Software Group, Inc. (NASDAQ:ULTI) or 2,968 shares.

Analysts await Tiffany & Co. (NYSE:TIF) to report earnings on August, 23. They expect $1.00 EPS, up 8.70% or $0.08 from last year’s $0.92 per share. TIF’s profit will be $124.24 million for 33.12 P/E if the $1.00 EPS becomes a reality. After $1.14 actual EPS reported by Tiffany & Co. for the previous quarter, Wall Street now forecasts -12.28% negative EPS growth.

Tirschwell & Loewy Inc, which manages about $679.14 million and $726.25 million US Long portfolio, upped its stake in Jpmorgan Chase & Co. (CJPXX) by 3,500 shares to 155,998 shares, valued at $17.16M in 2018Q1, according to the filing. It also increased its holding in State Street Corp (NYSE:STT) by 6,240 shares in the quarter, for a total of 114,259 shares, and has risen its stake in Mettler Toledo (NYSE:MTD).

Among 31 analysts covering Tiffany & Co. (NYSE:TIF), 17 have Buy rating, 0 Sell and 14 Hold. Therefore 55% are positive. Tiffany & Co. had 101 analyst reports since July 29, 2015 according to SRatingsIntel. Susquehanna maintained the stock with “Hold” rating in Wednesday, January 17 report. As per Friday, September 30, the company rating was initiated by Guggenheim. The stock has “Buy” rating by Cowen & Co on Friday, August 28. The stock of Tiffany & Co. (NYSE:TIF) earned “Overweight” rating by KeyBanc Capital Markets on Thursday, May 24. The rating was maintained by RBC Capital Markets on Thursday, July 6 with “Hold”. The rating was maintained by Jefferies on Tuesday, June 6 with “Buy”. The stock of Tiffany & Co. (NYSE:TIF) earned “Buy” rating by Oppenheimer on Friday, May 18. The stock of Tiffany & Co. (NYSE:TIF) earned “Hold” rating by J.P. Morgan on Monday, December 18. The stock of Tiffany & Co. (NYSE:TIF) earned “Buy” rating by Jefferies on Tuesday, August 15. The stock of Tiffany & Co. (NYSE:TIF) earned “Outperform” rating by Bernstein on Wednesday, October 14.

The Ultimate Software Group, Inc. (NASDAQ:ULTI) Institutional Positions Chart

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.



Read Full Article

قالب وردپرس

LEAVE A REPLY

Please enter your comment!
Please enter your name here