Echo Street Capital Management Has Lifted By $15.79 Million Its Fleetcor Technologies (FLT) Holding; Shorts at COMPUTERSHARE LTD AUD 0.20 ORDINARY SHAR (CMSQF) Raised By 2.4%

April 17, 2018 - By Louis Casey

FleetCor Technologies, Inc. (NYSE:FLT) Logo

COMPUTERSHARE LTD AUD 0.20 ORDINARY SHAR (OTCMKTS:CMSQF) had an increase of 2.4% in short interest. CMSQF’s SI was 857,700 shares in April as released by FINRA. Its up 2.4% from 837,600 shares previously. The SI to COMPUTERSHARE LTD AUD 0.20 ORDINARY SHAR’s float is 0.17%. It closed at $13.9668 lastly. It is down 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Echo Street Capital Management Llc increased Fleetcor Technologies Inc (FLT) stake by 14.32% reported in 2017Q4 SEC filing. Echo Street Capital Management Llc acquired 82,255 shares as Fleetcor Technologies Inc (FLT)’s stock rose 4.28%. The Echo Street Capital Management Llc holds 656,609 shares with $126.35 million value, up from 574,354 last quarter. Fleetcor Technologies Inc now has $18.58B valuation. The stock increased 2.00% or $4.06 during the last trading session, reaching $206.89. About 148,832 shares traded. FleetCor Technologies, Inc. (NYSE:FLT) has risen 27.04% since April 17, 2017 and is uptrending. It has outperformed by 15.49% the S&P500.

Computershare Limited provides investor, plan, communication, business, stakeholder relationship management, and technology services worldwide. The company has market cap of $7.33 billion. The companyÂ’s investor services comprise the provision of registry maintenance and related services; plan services activities include the provision of administration and related services for employee share and option plans; and communication services consist of document composition and printing, intelligent mailing, inbound process automation, scanning, and electronic delivery. It has a 26.55 P/E ratio. The Company’s business services activities include the provision of corporate trust, class action, bankruptcy, childcare voucher administration, tenant bond protection, utilities administration, and mutual fund administration support services, as well as mortgage servicing activities; and stakeholder relationship management services group offers investor analysis, investor communication and management, and information services to companies, including their employees, shareholders, and other security industry participants.

Echo Street Capital Management Llc decreased Factset Resh Sys Inc (NYSE:FDS) stake by 52,155 shares to 168,995 valued at $32.58 million in 2017Q4. It also reduced Liberty Ppty Tr (NYSE:LPT) stake by 327,289 shares and now owns 154,359 shares. Waters Corp (NYSE:WAT) was reduced too.

Investors sentiment decreased to 1.2 in Q4 2017. Its down 0.07, from 1.27 in 2017Q3. It dropped, as 25 investors sold FLT shares while 118 reduced holdings. 73 funds opened positions while 99 raised stakes. 81.94 million shares or 2.11% less from 83.71 million shares in 2017Q3 were reported. Andra Ap holds 0.03% of its portfolio in FleetCor Technologies, Inc. (NYSE:FLT) for 7,900 shares. Ameriprise Fincl Inc owns 1.99 million shares for 0.17% of their portfolio. Palestra Mgmt Limited Liability Corp has invested 5.72% in FleetCor Technologies, Inc. (NYSE:FLT). Blair William Com Il stated it has 0.04% in FleetCor Technologies, Inc. (NYSE:FLT). Cambridge Rech holds 0.02% in FleetCor Technologies, Inc. (NYSE:FLT) or 8,445 shares. Virginia Retirement Et Al has 130,500 shares. 12 West Mgmt LP holds 21.19% or 910,776 shares in its portfolio. Meridian holds 0.68% in FleetCor Technologies, Inc. (NYSE:FLT) or 7,626 shares. Fdx Advsr Inc holds 8,180 shares or 0.04% of its portfolio. Avalon Ltd Llc reported 0.09% in FleetCor Technologies, Inc. (NYSE:FLT). Nordea Inv Mngmt stated it has 0% of its portfolio in FleetCor Technologies, Inc. (NYSE:FLT). San Francisco Sentry Investment Grp Inc (Ca) holds 21 shares. Caisse De Depot Et Placement Du Quebec stated it has 15,100 shares. Adage Grp Ltd Limited Liability Company accumulated 75,000 shares or 0.03% of the stock. First Republic Invest Management has invested 0.01% in FleetCor Technologies, Inc. (NYSE:FLT).

Among 17 analysts covering Fleetcor Technologies (NYSE:FLT), 15 have Buy rating, 0 Sell and 2 Hold. Therefore 88% are positive. Fleetcor Technologies had 55 analyst reports since August 6, 2015 according to SRatingsIntel. As per Friday, December 11, the company rating was initiated by Credit Suisse. The stock of FleetCor Technologies, Inc. (NYSE:FLT) has “Overweight” rating given on Wednesday, October 18 by Morgan Stanley. The rating was maintained by Jefferies with “Buy” on Thursday, May 25. As per Tuesday, October 24, the company rating was maintained by SunTrust. The stock has “Positive” rating by Susquehanna on Thursday, August 6. As per Friday, November 18, the company rating was upgraded by Wells Fargo. The firm has “Buy” rating by Citigroup given on Thursday, December 15. On Wednesday, January 10 the stock rating was maintained by Wells Fargo with “Buy”. On Wednesday, September 21 the stock rating was maintained by Barclays Capital with “Overweight”. The stock has “Buy” rating by Keefe Bruyette & Woods on Thursday, December 21.

FleetCor Technologies, Inc. (NYSE:FLT) Institutional Positions Chart

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