Barnett & Company Trimmed Cedar Fair LP (FUN) Holding By $454,400; Goldman Sachs Group Has Lifted By $1.67 Million Its Virtusa (VRTU) Position

May 16, 2018 - By Vivian Park

Virtusa Corporation (NASDAQ:VRTU) Logo

Goldman Sachs Group Inc increased Virtusa Corp (VRTU) stake by 70.31% reported in 2017Q4 SEC filing. Goldman Sachs Group Inc acquired 38,045 shares as Virtusa Corp (VRTU)’s stock rose 3.96%. The Goldman Sachs Group Inc holds 92,156 shares with $4.06 million value, up from 54,111 last quarter. Virtusa Corp now has $1.40B valuation. The stock decreased 1.16% or $0.56 during the last trading session, reaching $47.67. About 41,198 shares traded. Virtusa Corporation (NASDAQ:VRTU) has risen 56.23% since May 16, 2017 and is uptrending. It has outperformed by 44.68% the S&P500.

Barnett & Company Inc decreased Cedar Fair LP (FUN) stake by 14.31% reported in 2017Q4 SEC filing. Barnett & Company Inc sold 7,100 shares as Cedar Fair LP (FUN)’s stock declined 3.96%. The Barnett & Company Inc holds 42,524 shares with $2.76 million value, down from 49,624 last quarter. Cedar Fair LP now has $3.68B valuation. The stock increased 0.73% or $0.47 during the last trading session, reaching $65.25. About 10,601 shares traded. Cedar Fair, L.P. (NYSE:FUN) has declined 5.90% since May 16, 2017 and is downtrending. It has underperformed by 17.45% the S&P500.

Analysts await Cedar Fair, L.P. (NYSE:FUN) to report earnings on August, 1. They expect $1.09 EPS, up 32.93% or $0.27 from last year’s $0.82 per share. FUN’s profit will be $61.49 million for 14.97 P/E if the $1.09 EPS becomes a reality. After $-1.27 actual EPS reported by Cedar Fair, L.P. for the previous quarter, Wall Street now forecasts -185.83% EPS growth.

Since December 20, 2017, it had 0 insider buys, and 4 insider sales for $935,972 activity. Ouimet Matthew A had sold 4,000 shares worth $270,170.

Barnett & Company Inc increased Powershares Etf Trust Ii (BKLN) stake by 33,625 shares to 249,001 valued at $5.74 million in 2017Q4. It also upped Schwab Strategic Tr (SCHM) stake by 14,537 shares and now owns 42,667 shares. Schwab Strategic Tr (SCHA) was raised too.

More news for Cedar Fair, L.P. (NYSE:FUN) were recently published by: Seekingalpha.com, which released: “Cedar Fair’s (FUN) CEO Richard Zimmerman on Q1 2018 Results – Earnings Call Transcript” on May 02, 2018. Fool.com‘s article titled: “Theme Parks Crushed It in Q1, but Q2 Will Be Different” and published on May 12, 2018 is yet another important article.

Investors sentiment increased to 1.07 in 2017 Q4. Its up 0.39, from 0.68 in 2017Q3. It increased, as 15 investors sold FUN shares while 52 reduced holdings. 30 funds opened positions while 42 raised stakes. 27.83 million shares or 0.33% more from 27.74 million shares in 2017Q3 were reported. Mai Capital Mgmt has invested 0.02% in Cedar Fair, L.P. (NYSE:FUN). Goldman Sachs Gp, New York-based fund reported 653,690 shares. 56 were reported by Architects. Wexford LP stated it has 34,747 shares. Assetmark Incorporated reported 0% stake. Us State Bank De has invested 0.01% in Cedar Fair, L.P. (NYSE:FUN). Fiduciary Tru owns 7,075 shares. Manufacturers Life Insurance Company The invested in 0% or 1,682 shares. Plante Moran Advsrs invested in 261 shares or 0.01% of the stock. Palisade Cap Limited Com Nj stated it has 0.06% in Cedar Fair, L.P. (NYSE:FUN). Trafelet Brokaw Capital Mgmt LP holds 168,939 shares. The Texas-based Motco has invested 0% in Cedar Fair, L.P. (NYSE:FUN). Fincl Counselors Incorporated reported 4,918 shares. Cambridge Advsrs holds 8,740 shares or 0.01% of its portfolio. Brookstone Capital Mngmt holds 3,581 shares.

Among 10 analysts covering Cedar Fair (NYSE:FUN), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. Cedar Fair had 25 analyst reports since August 24, 2015 according to SRatingsIntel. Stifel Nicolaus maintained Cedar Fair, L.P. (NYSE:FUN) rating on Thursday, September 7. Stifel Nicolaus has “Buy” rating and $74.0 target. FBR Capital maintained the stock with “Outperform” rating in Thursday, February 16 report. The company was maintained on Thursday, February 18 by FBR Capital. As per Monday, June 19, the company rating was upgraded by Goldman Sachs. Macquarie Research upgraded the shares of FUN in report on Friday, July 8 to “Outperform” rating. Goldman Sachs initiated the shares of FUN in report on Thursday, April 6 with “Buy” rating. The firm earned “Conviction Buy” rating on Monday, January 25 by Goldman Sachs. Stifel Nicolaus maintained Cedar Fair, L.P. (NYSE:FUN) on Wednesday, August 2 with “Buy” rating. The stock of Cedar Fair, L.P. (NYSE:FUN) has “Buy” rating given on Monday, August 24 by Hilliard Lyons. On Tuesday, April 19 the stock rating was initiated by Stephens with “Equal-Weight”.

Goldman Sachs Group Inc decreased Vaneck Vectors Etf Tr stake by 5.17M shares to 1.25M valued at $29.08 million in 2017Q4. It also reduced Weatherford Intl Plc (Put) (NYSE:WFT) stake by 244,800 shares and now owns 305,500 shares. Kansas City Southern (Call) (NYSE:KSU) was reduced too.

Among 10 analysts covering Virtusa (NASDAQ:VRTU), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. Virtusa had 38 analyst reports since July 29, 2015 according to SRatingsIntel. On Thursday, November 10 the stock rating was maintained by Maxim Group with “Buy”. Maxim Group maintained the stock with “Buy” rating in Thursday, February 8 report. The stock of Virtusa Corporation (NASDAQ:VRTU) earned “Hold” rating by Maxim Group on Tuesday, August 8. The firm earned “Neutral” rating on Friday, September 9 by Wedbush. The firm has “Buy” rating given on Wednesday, March 14 by Needham. The company was upgraded on Thursday, November 9 by Maxim Group. SunTrust downgraded the shares of VRTU in report on Wednesday, April 4 to “Hold” rating. The firm has “Buy” rating given on Thursday, February 8 by SunTrust. Cantor Fitzgerald maintained the stock with “Buy” rating in Wednesday, March 14 report. Barrington Research maintained the shares of VRTU in report on Tuesday, February 9 with “Outperform” rating.

More recent Virtusa Corporation (NASDAQ:VRTU) news were published by: Profitconfidential.com which released: “Virtusa Stock Is Heading to Higher Ground” on April 30, 2018. Also Benzinga.com published the news titled: “Earnings Scheduled For May 15, 2018” on May 15, 2018. Businesswire.com‘s news article titled: “Virtusa Announces Fourth Quarter and Fiscal Year 2018 Consolidated Financial Results” with publication date: May 15, 2018 was also an interesting one.

Investors sentiment increased to 1.5 in 2017 Q4. Its up 0.70, from 0.8 in 2017Q3. It increased, as 7 investors sold VRTU shares while 51 reduced holdings. 37 funds opened positions while 50 raised stakes. 24.34 million shares or 3.51% less from 25.23 million shares in 2017Q3 were reported. Utd Services Automobile Association holds 0.01% of its portfolio in Virtusa Corporation (NASDAQ:VRTU) for 80,730 shares. Strs Ohio holds 0% in Virtusa Corporation (NASDAQ:VRTU) or 20,900 shares. Tiverton Asset Mgmt Lc reported 45,556 shares stake. Invest Counselors Of Maryland Ltd Liability has invested 1.09% of its portfolio in Virtusa Corporation (NASDAQ:VRTU). Susquehanna Intl Grp Limited Liability Partnership invested in 0% or 6,251 shares. Summit Creek Limited Liability Com holds 1.18% in Virtusa Corporation (NASDAQ:VRTU) or 142,422 shares. Barclays Public Ltd Co stated it has 10,600 shares. State Board Of Administration Of Florida Retirement System stated it has 0.01% in Virtusa Corporation (NASDAQ:VRTU). Acadian Asset Management Ltd Liability Com reported 28,372 shares. Ngam Advisors LP holds 62,176 shares. Bnp Paribas Arbitrage owns 11,202 shares. Castleark Management Ltd Liability Co reported 0.2% stake. Moreover, Ahl Ltd Liability Partnership has 0.01% invested in Virtusa Corporation (NASDAQ:VRTU) for 11,673 shares. 120,671 were reported by Great Lakes Advisors Lc. New York-based Gotham Asset Mngmt Limited Liability Corporation has invested 0% in Virtusa Corporation (NASDAQ:VRTU).

Virtusa Corporation (NASDAQ:VRTU) Institutional Positions Chart

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