Anthem (ANTM) Shareholder Lingohr & Partner Asset Management Gmbh Cut Stake by $478,688 as Share Value Declined; Servicesource International (SREV) Holder Rgm Capital Lowered Its Position

May 18, 2018 - By Dolores Ford

ServiceSource International, Inc. (NASDAQ:SREV) Logo

Robert G. Moses decreased its stake in Servicesource International (SREV) by 1.63% based on its latest 2017Q4 regulatory filing with the SEC. Rgm Capital Llc sold 125,000 shares as the company’s stock rose 15.09% while stock markets declined. The hedge fund run by Robert G. Moses held 7.54 million shares of the miscellaneous company at the end of 2017Q4, valued at $23.31M, down from 7.67 million at the end of the previous reported quarter. Rgm Capital Llc who had been investing in Servicesource International for a number of months, seems to be less bullish one the $363.88 million market cap company. It closed at $4 lastly. It is up 1.08% since May 18, 2017 and is downtrending. It has underperformed by 12.63% the S&P500.

Lingohr & Partner Asset Management Gmbh decreased its stake in Anthem Inc (ANTM) by 37.27% based on its latest 2017Q4 regulatory filing with the SEC. Lingohr & Partner Asset Management Gmbh sold 2,137 shares as the company’s stock declined 2.73% with the market. The institutional investor held 3,597 shares of the health care company at the end of 2017Q4, valued at $809,000, down from 5,734 at the end of the previous reported quarter. Lingohr & Partner Asset Management Gmbh who had been investing in Anthem Inc for a number of months, seems to be less bullish one the $59.15 billion market cap company. The stock decreased 0.26% or $0.61 during the last trading session, reaching $231.79. About 976,048 shares traded. Anthem, Inc. (NYSE:ANTM) has risen 35.30% since May 18, 2017 and is uptrending. It has outperformed by 23.75% the S&P500.

Analysts await ServiceSource International, Inc. (NASDAQ:SREV) to report earnings on August, 6. They expect $-0.01 EPS, down 150.00% or $0.03 from last year’s $0.02 per share. After $-0.04 actual EPS reported by ServiceSource International, Inc. for the previous quarter, Wall Street now forecasts -75.00% EPS growth.

Another recent and important ServiceSource International, Inc. (NASDAQ:SREV) news was published by Seekingalpha.com which published an article titled: “ServiceSource: Avoid” on April 24, 2018.

Rgm Capital Llc, which manages about $775.24 million and $1.08B US Long portfolio, upped its stake in Tyler Technologies Inc (NYSE:TYL) by 10,000 shares to 375,349 shares, valued at $66.46 million in 2017Q4, according to the filing. It also increased its holding in Manhattan Associates Inc (NASDAQ:MANH) by 278,552 shares in the quarter, for a total of 1.48 million shares, and has risen its stake in Liveperson Inc (NASDAQ:LPSN).

Investors sentiment decreased to 1.12 in 2017 Q4. Its down 0.73, from 1.85 in 2017Q3. It dropped, as 7 investors sold SREV shares while 26 reduced holdings. 10 funds opened positions while 27 raised stakes. 56.58 million shares or 4.80% less from 59.43 million shares in 2017Q3 were reported. Great West Life Assurance Can holds 0% in ServiceSource International, Inc. (NASDAQ:SREV) or 1,200 shares. 51,533 were reported by Sg Americas Securities Llc. Moreover, Renaissance Technology Ltd Llc has 0.01% invested in ServiceSource International, Inc. (NASDAQ:SREV) for 2.28 million shares. Gru One Trading Lp reported 136,540 shares or 0% of all its holdings. State Street Corp holds 0% or 1.20M shares in its portfolio. 837,039 are held by Ameriprise. Comml Bank Of Montreal Can holds 88,771 shares or 0% of its portfolio. State Board Of Administration Of Florida Retirement Sys owns 51,215 shares or 0% of their US portfolio. The New York-based Goldman Sachs has invested 0% in ServiceSource International, Inc. (NASDAQ:SREV). Price T Rowe Assoc Md holds 26,300 shares. Ameritas Inv Prtn owns 5,266 shares. Vanguard Group Inc Inc holds 0% or 3.12 million shares. Pinnacle Ptnrs Inc has invested 0.01% in ServiceSource International, Inc. (NASDAQ:SREV). Zurcher Kantonalbank (Zurich Cantonalbank) invested in 0% or 5,876 shares. Raymond James And Associates invested in 17,120 shares or 0% of the stock.

Among 4 analysts covering ServiceSource International (NASDAQ:SREV), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. ServiceSource International had 7 analyst reports since August 24, 2016 according to SRatingsIntel. Northland Capital maintained it with “Hold” rating and $5.2500 target in Friday, July 28 report. The rating was maintained by JMP Securities with “Market Outperform” on Wednesday, August 24. The rating was maintained by Northland Capital on Thursday, November 9 with “Hold”. The rating was downgraded by Northland Capital to “Market Perform” on Wednesday, February 22. The stock has “Buy” rating by FBR Capital on Tuesday, March 27. Northland Capital maintained ServiceSource International, Inc. (NASDAQ:SREV) on Thursday, October 5 with “Hold” rating.

Among 25 analysts covering Anthem Inc (NYSE:ANTM), 18 have Buy rating, 0 Sell and 7 Hold. Therefore 72% are positive. Anthem Inc had 81 analyst reports since July 27, 2015 according to SRatingsIntel. The rating was upgraded by PiperJaffray to “Overweight” on Wednesday, January 3. The firm earned “Outperform” rating on Thursday, February 2 by RBC Capital Markets. The rating was maintained by Oppenheimer on Thursday, October 29 with “Outperform”. Credit Suisse initiated the shares of ANTM in report on Friday, November 3 with “Buy” rating. The stock of Anthem, Inc. (NYSE:ANTM) has “Outperform” rating given on Thursday, October 29 by RBC Capital Markets. Cantor Fitzgerald maintained it with “Buy” rating and $275.0 target in Thursday, January 18 report. Cowen & Co maintained Anthem, Inc. (NYSE:ANTM) rating on Wednesday, January 31. Cowen & Co has “Buy” rating and $280.0 target. On Wednesday, January 3 the stock rating was initiated by Goldman Sachs with “Hold”. The company was maintained on Thursday, April 26 by Credit Suisse. Jefferies maintained it with “Hold” rating and $226.0 target in Wednesday, October 25 report.

Analysts await Anthem, Inc. (NYSE:ANTM) to report earnings on July, 25. They expect $4.16 earnings per share, up 23.44% or $0.79 from last year’s $3.37 per share. ANTM’s profit will be $1.06 billion for 13.93 P/E if the $4.16 EPS becomes a reality. After $5.41 actual earnings per share reported by Anthem, Inc. for the previous quarter, Wall Street now forecasts -23.11% negative EPS growth.

ServiceSource International, Inc. (NASDAQ:SREV) 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.

By1 Dolores Ford

Automatic Stock Updates

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