AMH Equity Ltd Sells 998,463 Shares of ARC Document Solutions, Inc. (NYSE:ARC)

AMH Equity Ltd decreased its stake in shares of ARC Document Solutions, Inc. (NYSE:ARC - Free Report) by 92.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 79,594 shares of the business services provider's stock after selling 998,463 shares during the period. AMH Equity Ltd owned approximately 0.19% of ARC Document Solutions worth $261,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in ARC. Assenagon Asset Management S.A. bought a new stake in shares of ARC Document Solutions during the third quarter worth $78,000. Jump Financial LLC acquired a new position in ARC Document Solutions during the third quarter worth $54,000. Barclays PLC acquired a new position in ARC Document Solutions during the third quarter worth $55,000. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in ARC Document Solutions by 252.5% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 52,942 shares of the business services provider's stock worth $168,000 after purchasing an additional 37,925 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC boosted its holdings in ARC Document Solutions by 10.8% during the third quarter. O Shaughnessy Asset Management LLC now owns 255,302 shares of the business services provider's stock worth $812,000 after purchasing an additional 24,806 shares during the last quarter. Institutional investors own 48.93% of the company's stock.

Wall Street Analyst Weigh In

Separately, TheStreet cut shares of ARC Document Solutions from a "b-" rating to a "c" rating in a report on Thursday, February 29th.

ARC Document Solutions Stock Up 0.7 %

ARC traded up $0.02 during trading hours on Friday, hitting $2.76. 124,934 shares of the company's stock were exchanged, compared to its average volume of 93,425. ARC Document Solutions, Inc. has a 1-year low of $2.56 and a 1-year high of $3.68. The stock's 50-day moving average is $2.67 and its two-hundred day moving average is $2.84. The stock has a market cap of $119.14 million, a price-to-earnings ratio of 15.33, a PEG ratio of 0.88 and a beta of 1.22. The company has a quick ratio of 1.40, a current ratio of 1.53 and a debt-to-equity ratio of 0.34.

ARC Document Solutions (NYSE:ARC - Get Free Report) last announced its earnings results on Wednesday, February 28th. The business services provider reported $0.05 EPS for the quarter, missing the consensus estimate of $0.07 by ($0.02). ARC Document Solutions had a return on equity of 7.49% and a net margin of 2.93%. The business had revenue of $68.88 million for the quarter, compared to analyst estimates of $68.30 million. Sell-side analysts predict that ARC Document Solutions, Inc. will post 0.26 earnings per share for the current fiscal year.

ARC Document Solutions Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 31st. Shareholders of record on Tuesday, April 30th will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 7.25%. The ex-dividend date is Monday, April 29th. ARC Document Solutions's dividend payout ratio is currently 111.11%.

About ARC Document Solutions

ARC Document Solutions, Inc, a digital printing company, provides digital printing and document-related services in the United States. It provides managed print services, that places, manages, and optimizes print and imaging equipment in customers' offices, job sites, and other facilities; and cloud-based document management software and other digital hosting services.