Wall Street Zen upgraded shares of Altisource Portfolio Solutions (NASDAQ:ASPS - Free Report) to a hold rating in a report released on Saturday.
Altisource Portfolio Solutions Trading Down 1.4%
Shares of ASPS stock traded down $0.20 during trading on Friday, hitting $13.37. The company's stock had a trading volume of 25,385 shares, compared to its average volume of 35,776. Altisource Portfolio Solutions has a 52 week low of $1.73 and a 52 week high of $14.48. The business has a fifty day moving average of $8.27 and a 200-day moving average of $6.99. The company has a market cap of $148.62 million, a PE ratio of -1.67 and a beta of 0.18.
Altisource Portfolio Solutions (NASDAQ:ASPS - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The business services provider reported ($0.16) earnings per share for the quarter.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. Geode Capital Management LLC grew its holdings in shares of Altisource Portfolio Solutions by 8.9% in the 4th quarter. Geode Capital Management LLC now owns 199,824 shares of the business services provider's stock worth $131,000 after purchasing an additional 16,390 shares during the last quarter. Integrated Wealth Concepts LLC bought a new position in shares of Altisource Portfolio Solutions during the 4th quarter worth approximately $302,000. Nantahala Capital Management LLC grew its stake in Altisource Portfolio Solutions by 95.1% in the 4th quarter. Nantahala Capital Management LLC now owns 2,128,284 shares of the business services provider's stock valued at $1,399,000 after purchasing an additional 1,037,275 shares during the period. XTX Topco Ltd boosted its stake in Altisource Portfolio Solutions by 306.4% in the 1st quarter. XTX Topco Ltd now owns 80,818 shares of the business services provider's stock worth $55,000 after purchasing an additional 60,933 shares during the period. Finally, Jefferies Financial Group Inc. purchased a new position in shares of Altisource Portfolio Solutions during the 1st quarter valued at about $214,000. 41.36% of the stock is currently owned by hedge funds and other institutional investors.
About Altisource Portfolio Solutions
(
Get Free Report)
Altisource Portfolio Solutions SA operates as an integrated service provider and marketplace for the real estate and mortgage industries in the United States and internationally. It operates through Servicer and Real Estate, and Origination segments. The Servicer and Real Estate segment offers property preservation, inspection, title insurance and settlement, real estate valuation, foreclosure trustee, and residential and commercial construction inspection and risk mitigation services.
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