Advisory Brd Co (ABCO) Holder Freshford Capital Management LLC Has Trimmed Its Holding as Market Value Rose

December 7, 2017 - By Stephen Andrade

Investors sentiment increased to 1.18 in Q2 2017. Its up 0.33, from 0.85 in 2017Q1. It increased, as 22 investors sold ABCO shares while 54 reduced holdings. 41 funds opened positions while 49 raised stakes. 37.95 million shares or 1.40% less from 38.49 million shares in 2017Q1 were reported. Fil owns 475,018 shares or 0.07% of their US portfolio. D E Shaw & reported 167,903 shares. 4,000 were accumulated by Rbf Ltd Limited Liability Company. Northern has invested 0.01% of its portfolio in The Advisory Board Company (NASDAQ:ABCO). Citigroup has invested 0% in The Advisory Board Company (NASDAQ:ABCO). Sei has 83,538 shares for 0.02% of their portfolio. Eagle Asset Mngmt invested in 503,182 shares or 0.16% of the stock. Gsa Capital Partners Ltd Liability Partnership has 5,468 shares for 0.02% of their portfolio. Morgan Stanley stated it has 0.02% of its portfolio in The Advisory Board Company (NASDAQ:ABCO). Aperio Gru Ltd Company invested in 8,619 shares or 0% of the stock. 365,194 were reported by Atlanta Mngmt Communication L L C. Denver Lc holds 249,842 shares. Wells Fargo & Mn has invested 0% of its portfolio in The Advisory Board Company (NASDAQ:ABCO). First Advsrs Limited Partnership stated it has 0% of its portfolio in The Advisory Board Company (NASDAQ:ABCO). Aqr Mngmt Ltd Limited Liability Company holds 0% or 7,984 shares.

Michael Doheny decreased its stake in Advisory Brd Co (ABCO) by 48.49% based on its latest 2017Q2 regulatory filing with the SEC. Freshford Capital Management Llc sold 377,896 shares as the company’s stock rose 10.94% with the market. The hedge fund run by Michael Doheny held 401,427 shares of the other consumer services company at the end of 2017Q2, valued at $20.67 million, down from 779,323 at the end of the previous reported quarter. Freshford Capital Management Llc who had been investing in Advisory Brd Co for a number of months, seems to be less bullish one the $2.19 billion market cap company. The stock increased 0.09% or $0.05 during the last trading session, reaching $53.825. About 895,134 shares traded or 3.05% up from the average. The Advisory Board Company (NASDAQ:ABCO) has risen 63.68% since December 7, 2016 and is uptrending. It has outperformed by 46.98% the S&P500.

Analysts await The Advisory Board Company (NASDAQ:ABCO) to report earnings on February, 27. They expect $0.48 earnings per share, down 44.83 % or $0.39 from last year’s $0.87 per share. ABCO’s profit will be $19.57M for 28.03 P/E if the $0.48 EPS becomes a reality. After $0.18 actual earnings per share reported by The Advisory Board Company for the previous quarter, Wall Street now forecasts 166.67 % EPS growth.

More recent The Advisory Board Company (NASDAQ:ABCO) news were published by: Prnewswire.com which released: “The Advisory Board Company Reports Third Quarter 2017 Results” on November 08, 2017. Also Globenewswire.com published the news titled: “Oak Street FundingĀ® Brings Together RIA Advisory Board” on December 07, 2017. Prnewswire.com‘s news article titled: “The Advisory Board Company Stockholders Approve Merger Agreement With Optum” with publication date: November 15, 2017 was also an interesting one.

The Advisory Board Company (NASDAQ:ABCO) Ratings Coverage

Among 19 analysts covering Advisory Board (NASDAQ:ABCO), 5 have Buy rating, 1 Sell and 13 Hold. Therefore 26% are positive. Advisory Board had 38 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Tuesday, August 29 by Canaccord Genuity. JP Morgan initiated the shares of ABCO in report on Tuesday, November 17 with “Overweight” rating. The firm earned “Market Perform” rating on Monday, October 2 by Wells Fargo. The stock of The Advisory Board Company (NASDAQ:ABCO) earned “Buy” rating by Oppenheimer on Wednesday, August 9. The company was maintained on Tuesday, August 29 by Cantor Fitzgerald. The stock has “Outperform” rating by Credit Suisse on Monday, June 20. SunTrust downgraded the shares of ABCO in report on Friday, March 10 to “Hold” rating. The rating was maintained by KeyBanc Capital Markets on Monday, October 16 with “Hold”. On Friday, September 30 the stock rating was maintained by Barclays Capital with “Overweight”. On Wednesday, November 2 the stock rating was maintained by Stifel Nicolaus with “Hold”.

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