UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $2.53 Million Stock Holdings in PROS Holdings, Inc. (NYSE:PRO)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of PROS Holdings, Inc. (NYSE:PRO - Free Report) by 14.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 114,987 shares of the software maker's stock after purchasing an additional 14,216 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.24% of PROS worth $2,525,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of PROS during the fourth quarter worth about $30,000. Ancora Advisors LLC acquired a new position in PROS during the fourth quarter valued at approximately $33,000. Quadrant Capital Group LLC boosted its position in PROS by 153.3% during the fourth quarter. Quadrant Capital Group LLC now owns 1,530 shares of the software maker's stock valued at $34,000 after purchasing an additional 926 shares during the last quarter. Comerica Bank boosted its position in PROS by 264.5% during the fourth quarter. Comerica Bank now owns 1,571 shares of the software maker's stock valued at $34,000 after purchasing an additional 1,140 shares during the last quarter. Finally, Quarry LP boosted its position in PROS by 587.6% during the fourth quarter. Quarry LP now owns 5,803 shares of the software maker's stock valued at $127,000 after purchasing an additional 4,959 shares during the last quarter. 94.27% of the stock is currently owned by institutional investors and hedge funds.

PROS Stock Performance

NYSE:PRO traded up $0.79 during mid-day trading on Friday, hitting $19.19. 515,945 shares of the stock were exchanged, compared to its average volume of 549,630. The stock has a market capitalization of $918.04 million, a price-to-earnings ratio of -43.60 and a beta of 1.03. The firm's 50-day simple moving average is $17.21 and its 200 day simple moving average is $21.20. PROS Holdings, Inc. has a fifty-two week low of $14.81 and a fifty-two week high of $29.84.

PROS (NYSE:PRO - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The software maker reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.01. The business had revenue of $86.32 million during the quarter, compared to the consensus estimate of $85.69 million. During the same quarter in the previous year, the business posted $0.04 EPS. The company's revenue for the quarter was up 7.0% on a year-over-year basis. On average, analysts predict that PROS Holdings, Inc. will post -0.2 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages recently commented on PRO. KeyCorp reduced their price target on PROS from $31.00 to $22.00 and set an "overweight" rating for the company in a research report on Friday, May 2nd. Northland Securities set a $38.00 price target on PROS in a research report on Wednesday, May 28th. Wall Street Zen cut PROS from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, May 7th. Robert W. Baird cut their price objective on PROS from $30.00 to $27.00 and set an "outperform" rating for the company in a research report on Tuesday, April 8th. Finally, Stifel Nicolaus cut their price objective on PROS from $30.00 to $24.00 and set a "buy" rating for the company in a research report on Friday, May 2nd. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, PROS currently has an average rating of "Moderate Buy" and a consensus target price of $29.13.

PROS Profile

PROS Holdings, Inc provides software solutions that optimize the processes of selling and shopping in the digital economy in Europe, the Asia Pacific, the Middle East, Africa, and internationally. The company offers PROS Smart Configure Price Quote that improves sales productivity and accelerate deal velocity by automating common sales tasks; and PROS Smart Price Optimization and Management, which enables businesses to optimize, personalize, and harmonize pricing.