Can analysts adopt a bullish outlook for MDC Partners Inc. (NASDAQ:MDCA)?

June 16, 2018 - By Migdalia James

MDC Partners Inc. (NASDAQ:MDCA) LogoInvestors sentiment decreased to 1 in Q1 2018. Its down 0.49, from 1.49 in 2017Q4. It dived, as 21 investors sold MDC Partners Inc. shares while 39 reduced holdings. 20 funds opened positions while 40 raised stakes. 45.81 million shares or 0.88% more from 45.41 million shares in 2017Q4 were reported.
Us Natl Bank De reported 186 shares. Jpmorgan Chase And reported 0% in MDC Partners Inc. (NASDAQ:MDCA). Manufacturers Life Insurance The holds 0% of its portfolio in MDC Partners Inc. (NASDAQ:MDCA) for 43,037 shares. Matarin Cap Mgmt Limited Liability Co reported 279,017 shares stake. Bankshares Of Montreal Can holds 7,534 shares. Taylor Asset Incorporated, Ontario – Canada-based fund reported 846,565 shares. Parallax Volatility Advisers Lp stated it has 7,245 shares or 0% of all its holdings. Moreover, Fort Washington Investment Advisors Oh has 0.06% invested in MDC Partners Inc. (NASDAQ:MDCA). Mhr Fund Ltd Liability Company has invested 0.14% in MDC Partners Inc. (NASDAQ:MDCA). Ubs Asset Mgmt Americas Inc owns 26,800 shares. Amer Century Cos has invested 0% in MDC Partners Inc. (NASDAQ:MDCA). Chicago Equity Partners Ltd Co has 363,285 shares. Oppenheimer And Com has 24,190 shares for 0% of their portfolio. Stonebridge Capital Mgmt Inc has invested 0.06% in MDC Partners Inc. (NASDAQ:MDCA). Teton Advisors reported 115,000 shares.

MDC Partners Inc. (NASDAQ:MDCA) Ratings Coverage

Among 3 analysts covering MDC Partners (NASDAQ:MDCA), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. MDC Partners had 3 analyst reports since February 22, 2018 according to SRatingsIntel. RBC Capital Markets maintained MDC Partners Inc. (NASDAQ:MDCA) on Thursday, February 22 with “Hold” rating. As per Thursday, April 12, the company rating was upgraded by Wells Fargo. BMO Capital Markets maintained the shares of MDCA in report on Friday, February 23 with “Buy” rating. Below is a list of MDC Partners Inc. (NASDAQ:MDCA) latest ratings and price target changes.

12/04/2018 Broker: Wells Fargo Old Rating: Market Perform New Rating: Outperform Upgrade
23/02/2018 Broker: BMO Capital Markets Rating: Buy New Target: $13.0 Maintain
22/02/2018 Broker: RBC Capital Markets Rating: Hold New Target: $12.0 Maintain

The stock increased 3.16% or $0.15 during the last trading session, reaching $4.9. About 416,502 shares traded. MDC Partners Inc. (NASDAQ:MDCA) has declined 46.67% since June 16, 2017 and is downtrending. It has underperformed by 59.24% the S&P500.

MDC Partners Inc. provides marketing, advertising, activation, communications, and strategic consulting solutions worldwide. The company has market cap of $293.09 million. It offers a range of customized services, including global advertising and marketing services; media buying, planning, and optimization; interactive and mobile marketing; direct marketing; database and customer relationship management; sales promotion; corporate communications; market research; data analytics and insights; corporate identity, design, and branding services; social media communications; product and service innovation; and e-commerce management. It has a 1.32 P/E ratio. The firm was formerly known as MDC Corporation Inc. and changed its name to MDC Partners Inc. in January 2004.

Another recent and important MDC Partners Inc. (NASDAQ:MDCA) news was published by Investorplace.com which published an article titled: “7 Strong Buy Stocks Analysts Are Upgrading Now, Including Facebook, Inc.” on June 13, 2018.

MDC Partners Inc. (NASDAQ:MDCA) Institutional Positions Chart

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