Diker Management Trimmed Its Stake in Acxiom (ACXM) as Stock Value Rose; As Oneok (OKE) Share Value Rose, Holder Westwood Holdings Group Has Raised Position

May 23, 2018 - By Adrian Erickson

Acxiom Corporation (NASDAQ:ACXM) Logo

Mark N. Diker decreased its stake in Acxiom Corp (ACXM) by 55.35% based on its latest 2017Q4 regulatory filing with the SEC. Diker Management Llc sold 73,200 shares as the company’s stock rose 11.18% while stock markets declined. The hedge fund run by Mark N. Diker held 59,050 shares of the edp services company at the end of 2017Q4, valued at $1.63M, down from 132,250 at the end of the previous reported quarter. Diker Management Llc who had been investing in Acxiom Corp for a number of months, seems to be less bullish one the $2.23 billion market cap company. The stock decreased 0.98% or $0.28 during the last trading session, reaching $28.36. About 558,411 shares traded. Acxiom Corporation (NASDAQ:ACXM) has risen 11.14% since May 23, 2017 and is uptrending. It has underperformed by 0.41% the S&P500.

Westwood Holdings Group Inc increased its stake in Oneok Inc (OKE) by 85.31% based on its latest 2017Q4 regulatory filing with the SEC. Westwood Holdings Group Inc bought 144,896 shares as the company’s stock rose 7.05% while stock markets declined. The institutional investor held 314,744 shares of the public utilities company at the end of 2017Q4, valued at $16.82M, up from 169,848 at the end of the previous reported quarter. Westwood Holdings Group Inc who had been investing in Oneok Inc for a number of months, seems to be bullish on the $27.16 billion market cap company. The stock decreased 0.65% or $0.43 during the last trading session, reaching $66.06. About 1.85 million shares traded. ONEOK, Inc. (NYSE:OKE) has risen 7.29% since May 23, 2017 and is uptrending. It has underperformed by 4.26% the S&P500.

Among 21 analysts covering ONEOK (NYSE:OKE), 9 have Buy rating, 0 Sell and 12 Hold. Therefore 43% are positive. ONEOK had 77 analyst reports since August 11, 2015 according to SRatingsIntel. The firm has “Equal-Weight” rating given on Tuesday, October 4 by Morgan Stanley. The firm earned “Buy” rating on Thursday, August 24 by Argus Research. Citigroup maintained ONEOK, Inc. (NYSE:OKE) rating on Friday, June 17. Citigroup has “Buy” rating and $53 target. RBC Capital Markets maintained the shares of OKE in report on Sunday, July 23 with “Hold” rating. The firm earned “Outperform” rating on Thursday, February 2 by Credit Suisse. The stock has “Overweight” rating by Barclays Capital on Tuesday, April 17. Citigroup maintained the shares of OKE in report on Tuesday, April 19 with “Buy” rating. The firm earned “Buy” rating on Wednesday, June 14 by UBS. The rating was maintained by Mizuho with “Hold” on Tuesday, January 23. The rating was initiated by Credit Suisse with “Neutral” on Monday, September 14.

Westwood Holdings Group Inc, which manages about $13.29 billion US Long portfolio, decreased its stake in Advance Auto Parts Inc (NYSE:AAP) by 6,200 shares to 25,675 shares, valued at $2.56M in 2017Q4, according to the filing. It also reduced its holding in Mohawk Inds Inc (NYSE:MHK) by 6,865 shares in the quarter, leaving it with 77,253 shares, and cut its stake in Alliant Energy Corp (NYSE:LNT).

Investors sentiment decreased to 1.18 in Q4 2017. Its down 1.64, from 2.82 in 2017Q3. It fall, as 49 investors sold OKE shares while 194 reduced holdings. 76 funds opened positions while 211 raised stakes. 270.44 million shares or 2.16% more from 264.73 million shares in 2017Q3 were reported. Cv Starr Com Tru stated it has 248,220 shares. Catalyst Cap Advsr Lc accumulated 0.25% or 124,345 shares. Denver Invest Advsrs Limited has invested 0.02% of its portfolio in ONEOK, Inc. (NYSE:OKE). Sumitomo Mitsui Asset Mgmt stated it has 26,840 shares. Wealthfront, California-based fund reported 11,018 shares. Jefferies Gp Ltd Liability Co has invested 0.03% of its portfolio in ONEOK, Inc. (NYSE:OKE). Dimensional Fund Advsr Ltd Partnership has invested 0.02% of its portfolio in ONEOK, Inc. (NYSE:OKE). Raymond James Tru Na holds 3,818 shares. Amica Mutual Insur invested 0.06% in ONEOK, Inc. (NYSE:OKE). Miller Howard Inc has invested 2.06% in ONEOK, Inc. (NYSE:OKE). Captrust Advisors stated it has 0% of its portfolio in ONEOK, Inc. (NYSE:OKE). Moreover, Weiss Multi has 0.14% invested in ONEOK, Inc. (NYSE:OKE). Ny State Teachers Retirement Systems, New York-based fund reported 519,974 shares. Magnetar Fincl Ltd Limited Liability Company owns 0.04% invested in ONEOK, Inc. (NYSE:OKE) for 27,500 shares. Park Circle holds 0.02% or 600 shares in its portfolio.

More recent ONEOK, Inc. (NYSE:OKE) news were published by: 247Wallst.com which released: “Top Energy Stock Returns to Jefferies Franchise Picks List After Massive Deal” on May 07, 2018. Also Seekingalpha.com published the news titled: “Transco Dumps Its MLP” on May 19, 2018. Seekingalpha.com‘s news article titled: “ONEOK, Inc. 2018 Q1 – Results – Earnings Call Slides” with publication date: May 02, 2018 was also an interesting one.

Investors sentiment decreased to 1.13 in Q4 2017. Its down 0.42, from 1.55 in 2017Q3. It fall, as 18 investors sold ACXM shares while 62 reduced holdings. 31 funds opened positions while 59 raised stakes. 70.43 million shares or 3.16% less from 72.72 million shares in 2017Q3 were reported. Proshare Advsr Ltd stated it has 18,979 shares or 0% of all its holdings. Macquarie Grp Limited reported 99,252 shares. Northern Tru Corporation holds 0.01% of its portfolio in Acxiom Corporation (NASDAQ:ACXM) for 1.90M shares. Advantus Cap Mgmt holds 0.01% or 9,757 shares. Moreover, Cramer Rosenthal Mcglynn Lc has 0.28% invested in Acxiom Corporation (NASDAQ:ACXM) for 635,447 shares. Jpmorgan Chase accumulated 178,516 shares or 0% of the stock. Prelude Cap Ltd Liability Corporation has 0.01% invested in Acxiom Corporation (NASDAQ:ACXM). 12,138 are owned by Parallax Volatility Advisers Limited Partnership. 145,684 are held by Nicholas Investment Prtn Lp. Guggenheim Ltd Liability Company owns 12,852 shares or 0% of their US portfolio. Meeder Asset Management holds 0.07% or 28,785 shares. Moreover, Utd Services Automobile Association has 0% invested in Acxiom Corporation (NASDAQ:ACXM) for 39,900 shares. Parametric Portfolio Limited Company stated it has 0.01% in Acxiom Corporation (NASDAQ:ACXM). Moreover, Global Endowment Management Limited Partnership has 0.07% invested in Acxiom Corporation (NASDAQ:ACXM). Highbridge Capital Limited Liability has invested 0.01% in Acxiom Corporation (NASDAQ:ACXM).

More notable recent Acxiom Corporation (NASDAQ:ACXM) news were published by: Seekingalpha.com which released: “Acxiom Corporation 2018 Q4 – Results – Earnings Call Slides” on May 17, 2018, also Benzinga.com with their article: “Earnings Scheduled For May 16, 2018” published on May 16, 2018, Seekingalpha.com published: “Dim full-year guidance sinks Acxiom, down 7.8%” on May 16, 2018. More interesting news about Acxiom Corporation (NASDAQ:ACXM) were released by: Benzinga.com and their article: “10 Stocks To Watch For May 17, 2018” published on May 17, 2018 as well as Streetinsider.com‘s news article titled: “Pre-Open Movers 05/17: (WWE) (LOXO) (NTES) Higher; (JNCE) (JCP) (ACXM) Lower (more…)” with publication date: May 17, 2018.

Since March 29, 2018, it had 1 buying transaction, and 0 insider sales for $2,308 activity.

Diker Management Llc, which manages about $674.54 million and $278.14 million US Long portfolio, upped its stake in Pfsweb Inc (NASDAQ:PFSW) by 180,856 shares to 211,856 shares, valued at $1.57 million in 2017Q4, according to the filing. It also increased its holding in 2U Inc (NASDAQ:TWOU) by 14,128 shares in the quarter, for a total of 75,000 shares, and has risen its stake in Live Nation Entertainment In (NYSE:LYV).

Among 7 analysts covering Acxiom Corporation (NASDAQ:ACXM), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. Acxiom Corporation had 24 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Outperform” rating by BMO Capital Markets given on Friday, August 5. The firm has “Outperform” rating given on Wednesday, June 1 by William Blair. The rating was maintained by Cantor Fitzgerald on Wednesday, June 14 with “Buy”. BMO Capital Markets maintained it with “Buy” rating and $32.0 target in Monday, October 16 report. BMO Capital Markets maintained Acxiom Corporation (NASDAQ:ACXM) rating on Monday, September 11. BMO Capital Markets has “Buy” rating and $32.0 target. Dougherty & Company initiated the stock with “Buy” rating in Tuesday, May 24 report. Stephens maintained Acxiom Corporation (NASDAQ:ACXM) on Friday, February 16 with “Buy” rating. As per Wednesday, January 24, the company rating was maintained by Stephens. BMO Capital Markets maintained Acxiom Corporation (NASDAQ:ACXM) on Thursday, July 13 with “Buy” rating. The firm has “Market Perform” rating given on Friday, February 5 by BMO Capital Markets.

Acxiom Corporation (NASDAQ:ACXM) Institutional Positions Chart

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