Foundry Partners Has Decreased Cross Country Health (CCRN) Stake; Net 1 Ueps Technologies (UEPS) Has 0.98 Sentiment

May 18, 2018 - By George Granger

Net 1 Ueps Technologies Inc (UEPS) investors sentiment decreased to 0.98 in Q4 2017. It’s down -0.24, from 1.22 in 2017Q3. The ratio turned negative, as 39 hedge funds increased or opened new equity positions, while 40 sold and reduced their holdings in Net 1 Ueps Technologies Inc. The hedge funds in our database now possess: 22.70 million shares, up from 22.00 million shares in 2017Q3. Also, the number of hedge funds holding Net 1 Ueps Technologies Inc in top ten equity positions was flat from 1 to 1 for the same number . Sold All: 12 Reduced: 28 Increased: 23 New Position: 16.

Foundry Partners Llc decreased Cross Country Health (CCRN) stake by 8.22% reported in 2017Q4 SEC filing. Foundry Partners Llc sold 39,300 shares as Cross Country Health (CCRN)’s stock declined 14.15%. The Foundry Partners Llc holds 438,800 shares with $5.60 million value, down from 478,100 last quarter. Cross Country Health now has $440.80M valuation. The stock increased 0.67% or $0.08 during the last trading session, reaching $12.11. About 119,302 shares traded. Cross Country Healthcare, Inc. (NASDAQ:CCRN) has declined 18.85% since May 18, 2017 and is downtrending. It has underperformed by 30.40% the S&P500.

Since January 1, 0001, it had 5 insider purchases, and 2 sales for $1.86 million activity.

More notable recent Net 1 UEPS Technologies, Inc. (NASDAQ:UEPS) news were published by: Nasdaq.com which released: “Why Net1 UEPS Technologies Inc. Stock Popped Today” on May 11, 2018, also Nasdaq.com with their article: “Net 1 UEPS Technologies, Inc. Reports Third Quarter 2018 Results” published on May 10, 2018, Seekingalpha.com published: “Net1 UEPS Technologies’ (UEPS) CEO Herman Kotzé on Q3 2018 Results – Earnings Call Transcript” on May 15, 2018. More interesting news about Net 1 UEPS Technologies, Inc. (NASDAQ:UEPS) were released by: Benzinga.com and their article: “50 Biggest Movers From Friday” published on May 14, 2018 as well as Benzinga.com‘s news article titled: “26 Stocks Moving In Monday’s Pre-Market Session” with publication date: May 14, 2018.

The stock increased 0.57% or $0.06 during the last trading session, reaching $10.54. About 463,206 shares traded or 79.37% up from the average. Net 1 UEPS Technologies, Inc. (UEPS) has declined 23.19% since May 18, 2017 and is downtrending. It has underperformed by 34.74% the S&P500.

Analysts await Net 1 UEPS Technologies, Inc. (NASDAQ:UEPS) to report earnings on August, 23. They expect $0.43 EPS, up 16.22% or $0.06 from last year’s $0.37 per share. UEPS’s profit will be $24.44M for 6.13 P/E if the $0.43 EPS becomes a reality. After $0.94 actual EPS reported by Net 1 UEPS Technologies, Inc. for the previous quarter, Wall Street now forecasts -54.26% negative EPS growth.

Prescott Group Capital Management L.L.C. holds 2.65% of its portfolio in Net 1 UEPS Technologies, Inc. for 1.07 million shares. International Value Advisers Llc owns 7.11 million shares or 2.46% of their US portfolio. Moreover, Intrepid Capital Management Inc has 1.21% invested in the company for 271,428 shares. The California-based Lyon Street Capital Llc has invested 0.68% in the stock. Manatuck Hill Partners Llc, a Connecticut-based fund reported 100,000 shares.

Net 1 UEPS Technologies, Inc. provides payment solutions, transaction processing services, and financial technologies to various industries in South Africa, South Korea, and internationally. The company has market cap of $599.01 million. The firm develops and markets transaction processing solutions that comprise its smart card alternative payment system for the unbanked and under-banked populations of developing economies, and for mobile transaction channels. It has a 10.14 P/E ratio. It operates through three divisions: South African Transaction Processing, International Transaction Processing, and Financial Inclusion and Applied Technologies.

Analysts await Cross Country Healthcare, Inc. (NASDAQ:CCRN) to report earnings on August, 1. They expect $0.07 EPS, down 56.25% or $0.09 from last year’s $0.16 per share. CCRN’s profit will be $2.55 million for 43.25 P/E if the $0.07 EPS becomes a reality. After $0.06 actual EPS reported by Cross Country Healthcare, Inc. for the previous quarter, Wall Street now forecasts 16.67% EPS growth.

Since March 5, 2018, it had 4 buys, and 1 insider sale for $138,353 activity. Another trade for 10,000 shares valued at $115,097 was made by Ducham Frederick Dennis on Tuesday, March 6. CASH W LARRY bought $55,700 worth of Cross Country Healthcare, Inc. (NASDAQ:CCRN) on Monday, May 7. On Monday, March 5 the insider Grubbs William J bought $111,800. Shares for $29,800 were bought by Burns William J..

Another recent and important Cross Country Healthcare, Inc. (NASDAQ:CCRN) news was published by Nasdaq.com which published an article titled: “New Research: Key Drivers of Growth for Cross Country Healthcare, Tribune Media, WP Carey, Advanced Drainage …” on April 24, 2018.

Among 11 analysts covering Cross Country Healthcare (NASDAQ:CCRN), 4 have Buy rating, 0 Sell and 7 Hold. Therefore 36% are positive. Cross Country Healthcare had 22 analyst reports since August 9, 2015 according to SRatingsIntel. The stock has “Buy” rating by BMO Capital Markets on Tuesday, July 11. The firm earned “Hold” rating on Thursday, March 1 by Benchmark. The stock has “Neutral” rating by Cantor Fitzgerald on Friday, March 2. The rating was initiated by Benchmark on Friday, January 20 with “Buy”. The firm has “Outperform” rating by BMO Capital Markets given on Monday, November 6. The firm has “Mkt Perform” rating given on Tuesday, January 24 by Avondale. The company was maintained on Sunday, October 8 by BMO Capital Markets. The rating was maintained by Cantor Fitzgerald on Thursday, July 6 with “Buy”. The firm earned “Buy” rating on Wednesday, June 14 by Cantor Fitzgerald. The firm earned “Hold” rating on Wednesday, August 2 by Oppenheimer.

Net 1 UEPS Technologies, Inc. (NASDAQ:UEPS) Institutional Positions Chart

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