Conestoga Capital Advisors Has Cut By $425,100 Its Ultimate Software Group (ULTI) Position; Science Applications International Has 0.92 Sentiment

May 21, 2018 - By Hugh Holland

The Ultimate Software Group, Inc. (NASDAQ:ULTI) Logo

Science Applications International Corp (SAIC) investors sentiment increased to 0.92 in 2017 Q4. It’s up 0.07, from 0.85 in 2017Q3. The ratio has increased, as 95 hedge funds increased or started new positions, while 103 reduced and sold their stakes in Science Applications International Corp. The hedge funds in our database now have: 25.90 million shares, down from 26.26 million shares in 2017Q3. Also, the number of hedge funds holding Science Applications International Corp in top ten positions was flat from 0 to 0 for the same number . Sold All: 22 Reduced: 81 Increased: 55 New Position: 40.

Conestoga Capital Advisors Llc decreased Ultimate Software Group Inc (ULTI) stake by 17.31% reported in 2017Q4 SEC filing. Conestoga Capital Advisors Llc sold 1,950 shares as Ultimate Software Group Inc (ULTI)’s stock rose 10.75%. The Conestoga Capital Advisors Llc holds 9,317 shares with $2.03 million value, down from 11,267 last quarter. Ultimate Software Group Inc now has $8.12 billion valuation. The stock increased 0.39% or $1.02 during the last trading session, reaching $265.16. About 204,321 shares traded. The Ultimate Software Group, Inc. (NASDAQ:ULTI) has risen 24.56% since May 21, 2017 and is uptrending. It has outperformed by 13.01% the S&P500.

The stock decreased 0.21% or $0.18 during the last trading session, reaching $86.01. About 466,998 shares traded or 79.73% up from the average. Science Applications International Corporation (SAIC) has declined 13.85% since May 21, 2017 and is downtrending. It has underperformed by 25.40% the S&P500.

Science Applications International Corporation provides technical, engineering, and enterprise information technology services primarily in the United States. The company has market cap of $3.64 billion. The companyÂ’s offerings include engineering; technology and equipment platform integration; maintenance of ground and maritime systems; logistics; training and simulation; operation and program support services; and end-to-end services, such as design, development, integration, deployment, management and operations, sustainment, and security of its customersÂ’ IT infrastructure. It has a 21.4 P/E ratio. It serves the U.S. military comprising Army, Air Force, Navy, Marines, and Coast Guard; the U.S.

More notable recent Science Applications International Corporation (NYSE:SAIC) news were published by: Bizjournals.com which released: “Ex-CSRA executive lands at SAIC” on April 30, 2018, also Businesswire.com with their article: “SAIC Schedules First Quarter Fiscal Year 2019 Earnings Release and Conference Call for June 12 at 5 pm Eastern Time” published on May 15, 2018, Businesswire.com published: “SAIC to Hold Annual Meeting of Stockholders on June 6” on May 03, 2018. More interesting news about Science Applications International Corporation (NYSE:SAIC) were released by: Businesswire.com and their article: “SAIC Breaks Ground on New Platform Innovation Center in South Carolina” published on May 11, 2018 as well as Businesswire.com‘s news article titled: “SAIC to Participate in National Take Our Daughters and Sons to Work Day” with publication date: April 25, 2018.

Since January 1, 0001, it had 0 insider purchases, and 1 sale for $6.63 million activity.

Huber Capital Management Llc holds 1.22% of its portfolio in Science Applications International Corporation for 293,315 shares. Knightsbridge Asset Management Llc owns 22,573 shares or 1.09% of their US portfolio. Moreover, Prospector Partners Llc has 0.89% invested in the company for 79,500 shares. The California-based Ami Asset Management Corp has invested 0.87% in the stock. Crestpoint Capital Management Llc, a Missouri-based fund reported 18,000 shares.

Ratings analysis reveals 33% of Science Applications’s analysts are positive. Out of 3 Wall Street analysts rating Science Applications, 1 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. SAIC was included in 3 notes of analysts from September 9, 2016. The rating was initiated by Seaport Global Securities with “Buy” on Thursday, February 16. The rating was downgraded by Drexel Hamilton on Friday, September 9 to “Hold”. Citigroup downgraded Science Applications International Corporation (NYSE:SAIC) on Tuesday, November 29 to “Neutral” rating.

Analysts await Science Applications International Corporation (NYSE:SAIC) to report earnings on June, 11. They expect $1.01 earnings per share, down 6.48% or $0.07 from last year’s $1.08 per share. SAIC’s profit will be $42.69M for 21.29 P/E if the $1.01 EPS becomes a reality. After $1.16 actual earnings per share reported by Science Applications International Corporation for the previous quarter, Wall Street now forecasts -12.93% negative EPS growth.

Analysts await The Ultimate Software Group, Inc. (NASDAQ:ULTI) to report earnings on August, 7. They expect $0.47 EPS, up 161.11% or $0.29 from last year’s $0.18 per share. ULTI’s profit will be $14.39M for 141.04 P/E if the $0.47 EPS becomes a reality. After $0.46 actual EPS reported by The Ultimate Software Group, Inc. for the previous quarter, Wall Street now forecasts 2.17% EPS growth.

Since February 8, 2018, it had 0 insider purchases, and 10 sales for $56.99 million activity. On Thursday, May 3 the insider FITZPATRICK JAMES A JR sold $1.08M. Rogers Adam had sold 3,563 shares worth $813,775. Shares for $1.22 million were sold by WILBER RICK on Wednesday, February 21. Another trade for 83,351 shares valued at $18.71 million was made by SCHERR MARC D on Thursday, February 8. $677,298 worth of The Ultimate Software Group, Inc. (NASDAQ:ULTI) was sold by Swick Gregory. On Thursday, May 3 Manne Robert sold $1.24 million worth of The Ultimate Software Group, Inc. (NASDAQ:ULTI) or 5,000 shares. SCHERR SCOTT had sold 110,522 shares worth $24.82M on Thursday, February 8.

Conestoga Capital Advisors Llc increased Vocera Communications Inc (NYSE:VCRA) stake by 167,555 shares to 1.08M valued at $32.53M in 2017Q4. It also upped National Resh Corp (NASDAQ:NRCIA) stake by 31,505 shares and now owns 453,436 shares. Grand Canyon Ed Inc (NASDAQ:LOPE) was raised too.

Investors sentiment decreased to 0.95 in Q4 2017. Its down 0.10, from 1.05 in 2017Q3. It is negative, as 36 investors sold ULTI shares while 97 reduced holdings. 40 funds opened positions while 87 raised stakes. 31.95 million shares or 0.50% less from 32.11 million shares in 2017Q3 were reported. The Ontario – Canada-based Polar Asset Mgmt Prtn Inc has invested 0.26% in The Ultimate Software Group, Inc. (NASDAQ:ULTI). Loomis Sayles And Lp owns 160,971 shares or 0.07% of their US portfolio. Brown Cap Mngmt Lc invested 0.01% in The Ultimate Software Group, Inc. (NASDAQ:ULTI). Columbia Wanger Asset Mgmt holds 89,935 shares or 0.29% of its portfolio. Liberty Mutual Group Inc Asset Mgmt holds 0.05% or 7,193 shares in its portfolio. Barclays Public Lc reported 0% of its portfolio in The Ultimate Software Group, Inc. (NASDAQ:ULTI). Azimuth Cap Management Ltd Com, Michigan-based fund reported 19,315 shares. Glg Ltd Limited Liability Company accumulated 0.16% or 10,000 shares. Diker Mngmt Limited Liability Co reported 11,200 shares stake. The North Carolina-based Captrust Fin has invested 0.01% in The Ultimate Software Group, Inc. (NASDAQ:ULTI). Delaware-based Brandywine Managers Ltd has invested 0.18% in The Ultimate Software Group, Inc. (NASDAQ:ULTI). Employees Retirement System Of Ohio owns 0.07% invested in The Ultimate Software Group, Inc. (NASDAQ:ULTI) for 68,402 shares. Comerica Natl Bank stated it has 22,568 shares. Hhr Asset Mngmt Limited Liability accumulated 340,618 shares. Ameritas Inv has 0.08% invested in The Ultimate Software Group, Inc. (NASDAQ:ULTI) for 8,491 shares.

Science Applications International Corporation (NYSE:SAIC) Institutional Positions Chart

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