Navigant Consulting (NCI) Shareholder Tieton Capital Management Upped Its Position by $2.36 Million as Share Value Declined; Broadsoft (BSFT) Shareholder P2 Capital Partners Has Increased Its Holding

January 13, 2018 - By Vivian Park

Tieton Capital Management Llc increased its stake in Navigant Consulting Inc (NCI) by 157.62% based on its latest 2017Q3 regulatory filing with the SEC. Tieton Capital Management Llc bought 147,510 shares as the company’s stock declined 15.71% while stock markets rallied. The institutional investor held 241,094 shares of the consumer services company at the end of 2017Q3, valued at $4.08M, up from 93,584 at the end of the previous reported quarter. Tieton Capital Management Llc who had been investing in Navigant Consulting Inc for a number of months, seems to be bullish on the $907.38M market cap company. The stock increased 0.36% or $0.07 during the last trading session, reaching $19.76. About 124,617 shares traded. Navigant Consulting, Inc. (NYSE:NCI) has risen 27.76% since January 13, 2017 and is uptrending. It has outperformed by 11.06% the S&P500.

Claus Moller increased its stake in Broadsoft Inc (BSFT) by 59.11% based on its latest 2017Q3 regulatory filing with the SEC. P2 Capital Partners Llc bought 835,919 shares as the company’s stock declined 14.92% while stock markets rallied. The hedge fund run by Claus Moller held 2.25M shares of the technology company at the end of 2017Q3, valued at $113.18 million, up from 1.41M at the end of the previous reported quarter. P2 Capital Partners Llc who had been investing in Broadsoft Inc for a number of months, seems to be bullish on the $1.74B market cap company. The stock decreased 0.09% or $0.05 during the last trading session, reaching $54.85. About 451,356 shares traded. BroadSoft, Inc. (NASDAQ:BSFT) has declined 7.18% since January 13, 2017 and is downtrending. It has underperformed by 23.88% the S&P500.

Investors sentiment increased to 1.31 in 2017 Q3. Its up 0.19, from 1.12 in 2017Q2. It increased, as 18 investors sold NCI shares while 47 reduced holdings. 29 funds opened positions while 56 raised stakes. 40.29 million shares or 4.05% less from 41.99 million shares in 2017Q2 were reported. Rhumbline Advisers holds 105,077 shares or 0% of its portfolio. Parkside Natl Bank stated it has 1,139 shares or 0.01% of all its holdings. 1.01 million are held by D E Shaw And. Tower Cap Ltd Liability Corporation (Trc) holds 0.01% or 8,315 shares. Northwestern Mutual Wealth Mngmt reported 0% stake. 18,900 are owned by Louisiana State Employees Retirement System. Citigroup Inc has 40,500 shares. State Common Retirement Fund invested 0% of its portfolio in Navigant Consulting, Inc. (NYSE:NCI). Foundry Limited Liability Corp has 216,011 shares. Piedmont Inv Advisors Ltd Liability Company holds 10,298 shares. Tudor Investment Corp Et Al has 15,211 shares. Aperio Group Inc Ltd holds 23,463 shares. Verition Fund Ltd holds 0.02% or 17,526 shares. Victory Capital Inc accumulated 10,855 shares. Prudential Financial Inc accumulated 152,623 shares.

Among 4 analysts covering Navigant Consulting (NYSE:NCI), 2 have Buy rating, 1 Sell and 1 Hold. Therefore 50% are positive. Navigant Consulting had 5 analyst reports since July 31, 2015 according to SRatingsIntel. Barrington Research upgraded the shares of NCI in report on Monday, November 2 to “Outperform” rating. The stock of Navigant Consulting, Inc. (NYSE:NCI) earned “Sell” rating by Zacks on Monday, September 21. The company was downgraded on Monday, September 7 by Zacks. The stock of Navigant Consulting, Inc. (NYSE:NCI) has “Hold” rating given on Wednesday, October 18 by SunTrust. The stock of Navigant Consulting, Inc. (NYSE:NCI) earned “Outperform” rating by Avondale on Friday, July 31.

Since August 21, 2017, it had 0 insider purchases, and 1 insider sale for $206,920 activity.

Investors sentiment decreased to 0.96 in 2017 Q3. Its down 0.03, from 0.99 in 2017Q2. It is negative, as 17 investors sold BSFT shares while 57 reduced holdings. 27 funds opened positions while 44 raised stakes. 33.56 million shares or 3.91% less from 34.92 million shares in 2017Q2 were reported. Moreover, Lazard Asset Mngmt Llc has 0.02% invested in BroadSoft, Inc. (NASDAQ:BSFT) for 157,874 shares. Rhumbline Advisers reported 0% stake. Invesco Limited invested in 257,142 shares. Ngam Lp owns 61,380 shares. Manufacturers Life Ins The, Ontario – Canada-based fund reported 23,169 shares. The North Carolina-based Atria Invests Ltd Llc has invested 0.01% in BroadSoft, Inc. (NASDAQ:BSFT). Envestnet Asset Mngmt reported 13,288 shares. Elk Creek Prtn Limited owns 330,952 shares. Granite Investment Prtnrs Ltd Liability reported 33,258 shares stake. Oppenheimer Asset Mngmt stated it has 0.02% in BroadSoft, Inc. (NASDAQ:BSFT). M&T Bancshares holds 0% or 4,049 shares. Diker Ltd Limited Liability Company has 1.2% invested in BroadSoft, Inc. (NASDAQ:BSFT) for 59,300 shares. Stifel Fincl holds 13,134 shares. Ny State Common Retirement Fund invested in 182,536 shares. Fiera Capital stated it has 0.24% in BroadSoft, Inc. (NASDAQ:BSFT).

Among 11 analysts covering Broadsoft (NASDAQ:BSFT), 4 have Buy rating, 0 Sell and 7 Hold. Therefore 36% are positive. Broadsoft had 30 analyst reports since November 5, 2015 according to SRatingsIntel. Raymond James downgraded the stock to “Market Perform” rating in Wednesday, November 15 report. As per Tuesday, November 1, the company rating was maintained by Needham. Jefferies maintained the stock with “Buy” rating in Friday, June 23 report. Raymond James maintained the shares of BSFT in report on Tuesday, August 2 with “Strong Buy” rating. The firm has “Buy” rating by William Blair given on Wednesday, May 31. Jefferies maintained the shares of BSFT in report on Wednesday, September 28 with “Buy” rating. Jefferies maintained the shares of BSFT in report on Tuesday, September 26 with “Buy” rating. Needham downgraded BroadSoft, Inc. (NASDAQ:BSFT) on Tuesday, October 24 to “Hold” rating. The company was maintained on Thursday, November 5 by Needham. The stock has “Market Perform” rating by Cowen & Co on Tuesday, November 7.

Since August 30, 2017, it had 0 insider purchases, and 6 insider sales for $1.94 million activity. Markley John D. Jr. sold 3,000 shares worth $144,000.

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