Black Box (BBOX) Reaches $3.60 After 6.00% Down Move; Corsair Capital Management LP Has Cut Quintiles Ims Holdings (Q) Stake

January 14, 2018 - By David Stenberg

Corsair Capital Management Lp decreased Quintiles Ims Holdings Inc (Q) stake by 11.83% reported in 2017Q3 SEC filing. Corsair Capital Management Lp sold 37,989 shares as Quintiles Ims Holdings Inc (Q)’s stock rose 8.21%. The Corsair Capital Management Lp holds 283,266 shares with $26.93 million value, down from 321,255 last quarter. Quintiles Ims Holdings Inc now has $21.87B valuation. It closed at $103.48 lastly. It is down 27.93% since January 14, 2017 and is uptrending. It has outperformed by 11.23% the S&P500.

The stock of Black Box Corporation (NASDAQ:BBOX) is a huge mover today! The stock decreased 2.70% or $0.1 during the last trading session, reaching $3.6. About 101,724 shares traded. Black Box Corporation (NASDAQ:BBOX) has declined 25.68% since January 14, 2017 and is downtrending. It has underperformed by 42.38% the S&P500.The move comes after 6 months negative chart setup for the $54.50M company. It was reported on Jan, 14 by Barchart.com. We have $3.38 PT which if reached, will make NASDAQ:BBOX worth $3.27 million less.

Black Box Corporation provides digital technology solutions that assist its clients to design, build, manage, and secure their IT infrastructure. The company has market cap of $54.50 million. It offers IT infrastructure, specialty networking, multimedia, and keyboard/video/mouse switching products. It currently has negative earnings. The firm also provides communications lifecycle, unified communications, structured cabling, video/AV, in-building wireless, and data center services.

Investors sentiment decreased to 0.65 in 2017 Q3. Its down 0.14, from 0.79 in 2017Q2. It dived, as 21 investors sold Black Box Corporation shares while 28 reduced holdings. 7 funds opened positions while 25 raised stakes. 11.07 million shares or 15.87% less from 13.16 million shares in 2017Q2 were reported. Guggenheim Capital Limited Liability Com has 0% invested in Black Box Corporation (NASDAQ:BBOX) for 69,742 shares. Vanguard Grp Incorporated has 0% invested in Black Box Corporation (NASDAQ:BBOX). Great West Life Assurance Co Can owns 19,131 shares. Connor Clark Lunn Mngmt Limited reported 106,339 shares stake. California Public Employees Retirement Systems accumulated 158,199 shares. Macquarie Grp, Australia-based fund reported 105,054 shares. Deutsche Fincl Bank Ag reported 51 shares. Nationwide Fund reported 0% of its portfolio in Black Box Corporation (NASDAQ:BBOX). State Of Tennessee Treasury Department reported 13,727 shares stake. Citigroup reported 0% of its portfolio in Black Box Corporation (NASDAQ:BBOX). Geode Mgmt Lc invested in 0% or 100,092 shares. Dimensional Fund Advisors L P owns 1.01M shares. Ameriprise holds 120,171 shares. State Street invested in 0% or 89,435 shares. Art Advsrs Ltd Llc invested in 62,612 shares or 0.01% of the stock.

Among 23 analysts covering Quintiles Transnational (NYSE:Q), 8 have Buy rating, 0 Sell and 15 Hold. Therefore 35% are positive. Quintiles Transnational had 60 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of IQVIA Holdings Inc. (NYSE:Q) has “Buy” rating given on Wednesday, October 5 by UBS. As per Wednesday, May 4, the company rating was downgraded by Evercore. Mizuho initiated the shares of Q in report on Tuesday, December 13 with “Neutral” rating. The stock of IQVIA Holdings Inc. (NYSE:Q) earned “Neutral” rating by SunTrust on Monday, March 28. Mizuho maintained IQVIA Holdings Inc. (NYSE:Q) rating on Thursday, May 4. Mizuho has “Buy” rating and $93 target. KeyBanc Capital Markets maintained the shares of Q in report on Friday, September 22 with “Buy” rating. The firm earned “Buy” rating on Friday, February 12 by Deutsche Bank. KeyBanc Capital Markets downgraded the shares of Q in report on Monday, November 13 to “Sector Weight” rating. The firm has “Outperform” rating by Wells Fargo given on Friday, February 17. On Tuesday, June 6 the stock rating was maintained by Jefferies with “Hold”.

Investors sentiment increased to 1.53 in Q3 2017. Its up 0.60, from 0.93 in 2017Q2. It increased, as 29 investors sold Q shares while 118 reduced holdings. 97 funds opened positions while 128 raised stakes. 197.84 million shares or 1.05% less from 199.95 million shares in 2017Q2 were reported. Wesbanco Comml Bank accumulated 51,175 shares. Brave Warrior Advisors Ltd Liability Com owns 950,121 shares for 4.37% of their portfolio. Vanguard Gru Inc has invested 0.07% in IQVIA Holdings Inc. (NYSE:Q). One Trading Limited Partnership reported 4,381 shares. Moreover, Numeric Investors Lc has 0.01% invested in IQVIA Holdings Inc. (NYSE:Q). Mitsubishi Ufj Trust & Banking reported 279,574 shares. Gsa Cap Prtnrs Llp holds 10,794 shares or 0.07% of its portfolio. Nomura has invested 0% of its portfolio in IQVIA Holdings Inc. (NYSE:Q). Bain Cap Ltd Liability Company invested in 12.3% or 6.68M shares. Longview Partners (Guernsey) Limited reported 9.22M shares. Moreover, Voloridge Inv Management Ltd Llc has 0.01% invested in IQVIA Holdings Inc. (NYSE:Q) for 5,296 shares. Tiger Eye Ltd Liability Corporation owns 3.55% invested in IQVIA Holdings Inc. (NYSE:Q) for 251,880 shares. First Mercantile Trust Company, Tennessee-based fund reported 16,379 shares. Bancorporation Of America Corporation De invested in 964,355 shares. Federated Investors Pa, Pennsylvania-based fund reported 5,304 shares.

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By1 David Stenberg







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