Noteworthy SEC Filing: Learn Why Erbey William C Just Purchased Altisource Portfolio Solutions S.A. Stake?

Noteworthy SEC Filing: Learn Why Erbey William C Just Purchased Altisource Portfolio Solutions S.A. Stake?

The New Erbey William C Holding in Altisource Portfolio Solutions S.A.

Erbey William C filed with the SEC SC 13D/A form for Altisource Portfolio Solutions S.A.. The form can be accessed here: 000089183616000266. As reported in Erbey William C’s form, the filler as of late owns 31.8% or 6,000,709 shares of the Finance–company.

Altisource Portfolio Solutions S.A. stake is a new one for the and it was filed because of activity on October 27, 2016. We feel this shows Erbey William C’s positive view for the stock.

Altisource Portfolio Solutions S.A. Institutional Sentiment

Latest Security and Exchange filings show 93 investors own Altisource Portfolio Solutions S.A.. The institutional ownership in Q3 2015 is high, at 106.25% of the outstanding shares. This is increased by 3704220 the total institutional shares. 20059536 were the shares owned by these institutional investors. In total 15 funds opened new Altisource Portfolio Solutions S.A. stakes, 29 increased stakes. There were 14 that closed positions and 39 reduced them.

3 managers had the stock in their top Ten. Notable investors are: Investment Management Of Virginia Llc..

Christian Leone Luxor Capital Group Lp is an institutional investor bullish on Altisource Portfolio Solutions S.A., owning 1867392 shares as of Q3 2015 for 1.02% of its portfolio. Michael Hintze Cqs Cayman Lp owns 525833 shares or 1.04% of its portfolio. NY Aym Capital Llc have 7.80% of their stock portfolio for 81900 shares. Further, Investment Management Of Virginia Llc reported stake worth 2.18% of its US stock portfolio. The NY Boston Provident Lp owns 651763 shares. Altisource Portfolio Solutions S.A. is 13.24% of the manager’s US portfolio.

Business Profile

Altisource Portfolio Solutions S.A. is a marketplace and transaction solutions provider for the real estate, mortgage and consumer debt industries. The Company operates through three segments: Mortgage Services, Financial Services and Technology Services. The Company’s Mortgage Services segment provides services that span the mortgage and real estate lifecycle, and are outsourced by loan servicers, loan originators, home investors, and other sellers and buyers of single family homes. The Company’s Financial Services segment provides collection and customer relationship management services to debt originators and servicers (credit card, auto lending, retail credit and mortgage) and the utility, insurance and hotel industries. Technology Services segment provides a portfolio of software, data analytics and infrastructure management services that support the management of mortgage and real estate activities and marketplace transactions across the mortgage and real estate lifecycles.

SEC Form 13D is filed within 10 days, by anyone who acquires beneficial ownership of 5%+ of any public firm. Activist investors and practices such as: company breakups, hostile takeovers, and change of control events, are permitted for this form filers. A filer must promptly update its 13D filing in case of acquisition or disposition of 1% or more of the securities that are the subject of the filing.

Insitutional Activity: The institutional sentiment increased to 1 in Q2 2016. Its up 0.31, from 0.69 in 2016Q1. The ratio is positive, as 10 funds sold all Altisource Portfolio Solutions S.A. shares owned while 48 reduced positions. 12 funds bought stakes while 28 increased positions. They now own 12.83 million shares or 2.77% more from 12.48 million shares in 2016Q1.

Geode Mgmt Ltd Liability Com last reported 204,879 shares in the company. The Texas-based Smith Asset Management Lp has invested 0.05% in Altisource Portfolio Solutions S.A. (NASDAQ:ASPS). Us Comml Bank De last reported 115 shares in the company. Granite Point Mgmt Limited Partnership owns 41,700 shares or 0.5% of their US portfolio. The Texas-based Teacher Retirement Systems Of Texas has invested 0% in Altisource Portfolio Solutions S.A. (NASDAQ:ASPS). Manufacturers Life Insurance Communications The last reported 0% of its portfolio in the stock. Wellington Mgmt Limited Liability Partnership reported 87,217 shares or 0% of all its holdings. Blackrock Fund Advsr holds 0% or 303,336 shares in its portfolio. Glob X Mngmt Limited Liability Company last reported 951 shares in the company. First Quadrant Lp Ca has invested 0.01% of its portfolio in Altisource Portfolio Solutions S.A. (NASDAQ:ASPS). Acadian Asset Mgmt Limited Liability Com holds 0% or 27 shares in its portfolio. Ajo Lp last reported 0.03% of its portfolio in the stock. Blackrock last reported 0% of its portfolio in the stock. Inv Mngmt Of Virginia Limited Com last reported 285,523 shares in the company. Partners Ltd Limited Liability Company holds 0.05% or 22,351 shares in its portfolio.

Insider Transactions: Since July 26, 2016, the stock had 3 buys, and 7 selling transactions for $19.01 million net activity. ERBEY WILLIAM C had sold 174,398 shares worth $4.21 million. 123,200 shares were bought by COOPERMAN LEON G, worth $3.43M. Omega Advisors Inc. bought $4.13M worth of stock. On Friday, November 4 Shepro William B bought $149,786 worth of the stock or 6,130 shares. On Thursday, November 10 the insider LINN W MICHAEL sold $123,357.

The stock increased 0.25% or $0.07 during the last trading session, hitting $28.01. Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) has risen 1.01% since April 21, 2016 and is uptrending. It has underperformed by 4.32% the S&P500.

Altisource Portfolio Solutions S.A. is a marketplace and transaction solutions well-known provider for the real estate, mortgage and consumer debt industries. The company has a market cap of $543.35 million. The Firm operates through three divisions: Mortgage Services, Financial Services and Technology Services. It has a 208.8 P/E ratio. The Company’s Mortgage Services segment provides services that span the mortgage and real estate lifecycle, and are outsourced by loan servicers, loan originators, home investors, and other sellers and buyers of single family homes.

Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) Ratings Coverage

Out of 2 analysts covering Altisource Portfolio Solutions (NASDAQ:ASPS), 0 rate it a “Buy”, 2 “Sell”, while 0 “Hold”. This means 0 are positive. $28 is the highest target while $25 is the lowest. The $25 average target is -10.75% below today’s ($28.01) stock price. Altisource Portfolio Solutions has been the topic of 6 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The rating was upgraded by Compass Point on Monday, December 7 to “Neutral”. The stock has “Neutral” rating given by Piper Jaffray on Friday, December 11. The rating was upgraded by Compass Point on Wednesday, August 10 to “Buy”. The firm has “Sell” rating by Compass Point given on Tuesday, November 1. Compass Point maintained it with “Sell” rating and $28 target price in Friday, July 24 report. The company was downgraded on Monday, May 2 by Piper Jaffray.

More notable recent Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) news were published by: Marketwatch.com which released: “Altisource Portfolio Solutions SA” on October 16, 2010, also Quotes.Wsj.com with their article: “DOW JONES, A NEWS CORP COMPANY” published on February 12, 2011, Seekingalpha.com published: “Altisource Portfolio Solutions SA’s (ASPS) CEO William Shepro on Q1 2016 …” on May 01, 2016. More interesting news about Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) were released by: Fool.com and their article: “Why Shares of Altisource Portfolio Solutions SA Surged Today” published on April 23, 2015 as well as Thestreet.com‘s news article titled: “Why Altisource Portfolio Solutions (ASPS) Stock Closed Down Today” with publication date: October 22, 2014.

According to Zacks Investment Research, “Altisource Portfolio Solutions S.A., together with its subsidiaries, is engaged in provision of real estate mortgage portfolio management and related technology products, as well as asset recovery and customer relationship management services. The Company has three segments: Mortgage Services, Financial Services and Technology Products. Mortgage Services provides valuation, real estate sales, default processing services, property inspection and preservation services, homeowner outreach, closing and title services and knowledge process outsourcing services. Financial Services comprises the Company’s asset recovery management and customer relationship management offerings to the financial services, consumer products, telecommunications and utilities industries. Technology Products is engaged in the design, development and delivery of technology products and services to the mortgage industry.”

ASPS Company Profile

Altisource Portfolio Solutions S.A., incorporated on November 22, 1999, is a marketplace and transaction solutions well-known provider for the real estate, mortgage and consumer debt industries. The Firm operates through three divisions: Mortgage Services, Financial Services and Technology Services.

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