The stock of CDI Corp. (NYSE:CDI) is a huge mover today! The stock decreased 3.53% or $0.2 on October 3, hitting $5.47. About 54,491 shares traded hands. CDI Corp. (NYSE:CDI) has risen 6.21% since March 1, 2016 and is uptrending. It has underperformed by 6.00% the S&P500.
The move comes after 5 months negative chart setup for the $99.28 million company. It was reported on Oct, 4 by Barchart.com. We have $4.92 PT which if reached, will make NYSE:CDI worth $9.93M less.
Analysts await CDI Corp. (NYSE:CDI) to report earnings on November, 2. They expect $-0.29 EPS, down 583.33% or $0.35 from last year’s $0.06 per share. After $-0.33 actual EPS reported by CDI Corp. for the previous quarter, Wall Street now forecasts -12.12% EPS growth.
According to Zacks Investment Research, “CDI CORP. has three business segments: Technical Services, Temporary Services and Managment Recruiters. Technical Services segment offers four types of technical personnel services: technical staffing, managed staffing, managed technical outsourcing and consulting. Managment Recruiters segment primarily recruits management, technical, sales and clerical personnel for permanent employment positions. Temporary Services segment provides clerical, secretarial, office support, new product demonstration and survey and some semi-skilled light industrial personnel.”
Insitutional Activity: The institutional sentiment decreased to 0.67 in 2016 Q2. Its down 0.88, from 1.55 in 2016Q1. The ratio is negative, as 11 funds sold all CDI Corp. shares owned while 32 reduced positions. 10 funds bought stakes while 19 increased positions. They now own 7.25 million shares or 15.53% less from 8.58 million shares in 2016Q1.
New York State Teachers Retirement System owns 51,850 shares or 0% of their US portfolio. Millennium Management Limited Com holds 0% of its portfolio in CDI Corp. (NYSE:CDI) for 114,620 shares. Moreover, Invesco Limited has 0% invested in CDI Corp. (NYSE:CDI) for 80,520 shares. Bancorp Of New York Mellon Corporation holds 0% or 157,074 shares in its portfolio. The New York-based Alpine Prtn Vi Llc has invested 0.05% in CDI Corp. (NYSE:CDI). Morgan Stanley holds 0% or 75,860 shares in its portfolio. The Us-based Ancora Advsrs Ltd Llc has invested 0.08% in CDI Corp. (NYSE:CDI). Incorporated holds 0% of its portfolio in CDI Corp. (NYSE:CDI) for 2,401 shares. Laurion Mngmt Ltd Partnership holds 43,800 shares or 0% of its portfolio. Bank & Trust Of America Corp De has invested 0% of its portfolio in CDI Corp. (NYSE:CDI). D E Shaw holds 0% or 124,230 shares in its portfolio. Dimensional Fund Advisors Lp accumulated 0% or 1.38M shares. Blackrock Mgmt Ltd Liability Com owns 8,079 shares or 0% of their US portfolio. Panagora Asset holds 0% or 6,599 shares in its portfolio. Royal National Bank Of Canada holds 10,900 shares or 0% of its portfolio.
More notable recent CDI Corp. (NYSE:CDI) news were published by: Prnewswire.com which released: “CDI Corp. Board of Directors Accepts Resignation of Scott Freidheim, CEO” on September 16, 2016, also Prnewswire.com with their article: “CDI Corp. Announces Sale of AndersElite UK Subsidiary” published on September 19, 2016, Prnewswire.com published: “CDI Corp. Reports Second Quarter 2016 Results” on August 03, 2016. More interesting news about CDI Corp. (NYSE:CDI) were released by: Prnewswire.com and their article: “CDI Corp. Reports First Quarter 2016 Results” published on May 04, 2016 as well as Prnewswire.com‘s news article titled: “CDI Corp. Announces Formation of Congruent Talent, a Minority-Owned …” with publication date: August 06, 2015.
CDI Company Profile
CDI Corp., incorporated on July 30, 1985, provides engineering, information technology and staffing solutions. The Company’s divisions include Global Engineering and Technology Solutions (GETS), Professional Staffing Services (PSS) and Management Recruiters International (MRI). The Firm also provides staffing services through its global MRINetwork of franchisees. The Company’s clients consist of multi-national, national and regional companies, and the United States Federal, state and local Governments. The Firm provides its services to clients in the oil, gas and chemicals, aerospace and industrial equipment, and information technology. The Firm also does business in other industries, including the infrastructure, the United States defense and transportation industries. The Firm serves clients through offices and delivery centers in the United States, Canada and the United Kingdom.
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