Stein Mart Inc (NASDAQ:SMRT) Institutional Investor Positioning

April 17, 2018 - By Clifton Ray

Stein Mart, Inc. (NASDAQ:SMRT) Logo

Sentiment for Stein Mart Inc (NASDAQ:SMRT)

Stein Mart Inc (NASDAQ:SMRT) institutional sentiment increased to 1 in 2017 Q4. Its up 0.68, from 0.32 in 2017Q3. The ratio has improved, as 22 funds increased or opened new positions, while 22 sold and decreased their positions in Stein Mart Inc. The funds in our partner’s database now have: 8.65 million shares, down from 9.16 million shares in 2017Q3. Also, the number of funds holding Stein Mart Inc in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 4 Reduced: 18 Increased: 13 New Position: 9.

Stein Mart, Inc. operates as a retailer that provides fashion merchandise products and related services in the United States. The company has market cap of $92.11 million. It offers fashion apparel for women and men, as well as accessories, shoes, and home fashions. It currently has negative earnings. The companyÂ’s stores also provide merchandise locator services; a preferred customer program; co-branded and private label credit card programs; and electronic gift cards.

The stock decreased 2.05% or $0.0401 during the last trading session, reaching $1.9199. About 328,018 shares traded. Stein Mart, Inc. (NASDAQ:SMRT) has declined 51.79% since April 17, 2017 and is downtrending. It has underperformed by 63.34% the S&P500.

Sunbelt Securities Inc. holds 0.49% of its portfolio in Stein Mart, Inc. for 433,198 shares. Prescott Group Capital Management L.L.C. owns 652,090 shares or 0.16% of their US portfolio. Moreover, Paradigm Capital Management Inc Ny has 0.08% invested in the company for 764,200 shares. The Texas-based Callahan Advisors Llc has invested 0.07% in the stock. Stone Ridge Asset Management Llc, a New York-based fund reported 279,280 shares.#img1#

Stein Mart, Inc. (NASDAQ:SMRT) Institutional Positions Chart

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