Analysts See $0.03 EPS for Distinct Infrastructure Group Inc. (DUG); Acacia Research Has 1.07 Sentiment

May 18, 2018 - By Peter Hammer

Acacia Research Corporation (NASDAQ:ACTG) Logo

Analysts expect Distinct Infrastructure Group Inc. (CVE:DUG) to report $0.03 EPS on May, 24.V_DUG’s profit would be $1.38M giving it 11.75 P/E if the $0.03 EPS is correct. It closed at $1.41 lastly. It is down 0.00% since May 18, 2017 and is . It has underperformed by 11.55% the S&P500.

Acacia Research Corp (ACTG) investors sentiment increased to 1.07 in 2017 Q4. It’s up 0.03, from 1.04 in 2017Q3. The ratio is more positive, as 44 investment managers increased or opened new stock positions, while 41 sold and reduced stakes in Acacia Research Corp. The investment managers in our database now have: 31.81 million shares, down from 33.15 million shares in 2017Q3. Also, the number of investment managers holding Acacia Research Corp in top ten stock positions decreased from 1 to 0 for a decrease of 1. Sold All: 11 Reduced: 30 Increased: 24 New Position: 20.

Analysts await Acacia Research Corporation (NASDAQ:ACTG) to report earnings on July, 26. They expect $-0.09 earnings per share, up 47.06% or $0.08 from last year’s $-0.17 per share. After $-0.52 actual earnings per share reported by Acacia Research Corporation for the previous quarter, Wall Street now forecasts -82.69% EPS growth.

The stock increased 1.30% or $0.05 during the last trading session, reaching $3.9. About 325,340 shares traded or 23.16% up from the average. Acacia Research Corporation (ACTG) has declined 38.53% since May 18, 2017 and is downtrending. It has underperformed by 50.08% the S&P500.

Heartland Advisors Inc holds 1.2% of its portfolio in Acacia Research Corporation for 4.59 million shares. Manatuck Hill Partners Llc owns 538,500 shares or 1.14% of their US portfolio. Moreover, Pacific Ridge Capital Partners Llc has 1% invested in the company for 934,275 shares. The Nebraska-based Cwm Llc has invested 0.35% in the stock. Elkhorn Partners Limited Partnership, a Nebraska-based fund reported 87,100 shares.

Since January 1, 0001, it had 6 buys, and 0 insider sales for $242,218 activity.

Acacia Research Corporation, through its subsidiaries, invests in, develops, licenses, and enforces patented technologies in the United States. The company has market cap of $197.53 million. It assists patent owners with the prosecution and development of their patent portfolios; the protection of their patented inventions from unauthorized use; the generation of licensing revenue from users of their patented technologies; and enforcement against unauthorized users of their patented technologies through the filing of patent infringement litigation. It has a 102.63 P/E ratio. The firm owns or controls the rights to various patent portfolios, which include the United StatesÂ’ patents and foreign counterparts covering technologies used in various industries.

Another recent and important Acacia Research Corporation (NASDAQ:ACTG) news was published by Ocbj.com which published an article titled: “Midday Stock Roundup” on May 08, 2018.

Acacia Research Corporation (NASDAQ:ACTG) Institutional Positions Chart

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