Agilysys, Inc. (AGYS) Reaches $9.74 After 8.00% Down Move, Corporate Office Properties Trust Has 1.06 Sentiment

June 2, 2017 - By Linda Rogers

The stock of Agilysys, Inc. (NASDAQ:AGYS) is a huge mover today! The stock decreased 3.08% or $0.31 during the last trading session, reaching $9.74. About 67,546 shares traded or 48.93% up from the average. Agilysys, Inc. (NASDAQ:AGYS) has declined 6.49% since June 2, 2016 and is downtrending. It has underperformed by 23.19% the S&P500.The move comes after 9 months negative chart setup for the $229.44M company. It was reported on Jun, 2 by Barchart.com. We have $8.96 PT which if reached, will make NASDAQ:AGYS worth $18.36M less.

Corporate Office Properties Trust is a fully-integrated and self-managed real estate investment trust . The company has market cap of $3.53 billion. The Firm owns, manages, leases, develops and acquires office and data center properties. It has a 309.57 P/E ratio. The Company’s divisions are Defense/IT Locations; Regional Office; operating wholesale data center, and other.

Analysts await Corporate Office Properties Trust (NYSE:OFC) to report earnings on July, 27. They expect $0.49 earnings per share, down 5.77% or $0.03 from last year’s $0.52 per share. OFC’s profit will be $49.73M for 17.74 P/E if the $0.49 EPS becomes a reality. After $0.47 actual earnings per share reported by Corporate Office Properties Trust for the previous quarter, Wall Street now forecasts 4.26% EPS growth.

Since January 1, 0001, it had 0 insider buys, and 5 insider sales for $823,466 activity.

Waterfront Capital Partners Llc holds 2.51% of its portfolio in Corporate Office Properties Trust for 504,571 shares. Channing Capital Management Llc owns 1.98 million shares or 2.19% of their US portfolio. Moreover, Lasalle Investment Management Securities Llc has 1.52% invested in the company for 4.62 million shares. The Colorado-based Denver Investment Advisors Llc has invested 1.17% in the stock. Cramer Rosenthal Mcglynn Llc, a New York-based fund reported 1.78 million shares.

Ratings analysis reveals 17% of Corp Office Props’s analysts are positive. Out of 6 Wall Street analysts rating Corp Office Props, 1 give it “Buy”, 1 “Sell” rating, while 4 recommend “Hold”. The lowest target is $21.0 while the high is $38.0. The stock’s average target of $29.50 is -15.18% below today’s ($34.78) share price. OFC was included in 7 notes of analysts from July 29, 2015. The stock of Corporate Office Properties Trust (NYSE:OFC) has “Underperform” rating given on Thursday, August 20 by Credit Suisse. The firm has “Buy” rating given on Monday, January 25 by Mizuho. The stock has “Hold” rating by SunTrust on Friday, January 20. RBC Capital Markets maintained Corporate Office Properties Trust (NYSE:OFC) on Thursday, July 30 with “Sector Perform” rating. The rating was downgraded by Stifel Nicolaus on Wednesday, July 29 to “Hold”. Robert W. Baird downgraded Corporate Office Properties Trust (NYSE:OFC) on Wednesday, February 15 to “Neutral” rating. On Monday, February 13 the stock rating was maintained by Mizuho with “Buy”.

The stock increased 1.10% or $0.38 during the last trading session, reaching $34.78. About 572,820 shares traded. Corporate Office Properties Trust (OFC) has risen 30.32% since June 2, 2016 and is uptrending. It has outperformed by 13.62% the S&P500.

Investors sentiment decreased to 1.64 in Q4 2016. Its down 0.07, from 1.71 in 2016Q3. It dropped, as 2 investors sold Agilysys, Inc. shares while 20 reduced holdings. 10 funds opened positions while 26 raised stakes. 17.61 million shares or 1.93% more from 17.28 million shares in 2016Q3 were reported. Great West Life Assurance Comm Can holds 17,487 shares or 0% of its portfolio. Susquehanna Intl Gp Llp holds 0% or 17,790 shares in its portfolio. Public Sector Pension Inv Board holds 0% or 10,674 shares in its portfolio. Dimensional Fund Advsr Lp holds 1.85M shares or 0.01% of its portfolio. Schwab Charles Inv Management reported 32,460 shares. Principal Fin Grp Inc invested in 111,539 shares. Ameriprise Financial reported 0% in Agilysys, Inc. (NASDAQ:AGYS). The Illinois-based One Trading Limited Partnership has invested 0% in Agilysys, Inc. (NASDAQ:AGYS). Bankshares Of America Corporation De owns 12,053 shares or 0% of their US portfolio. Comerica Natl Bank holds 15,668 shares. Invesco owns 76,202 shares for 0% of their portfolio. Blackrock Fund Advsr holds 0% or 1.25M shares in its portfolio. Pnc Fincl Inc holds 12,000 shares. 8,772 were reported by Nationwide Fund Advsr. Price T Rowe Associates Md has invested 0% of its portfolio in Agilysys, Inc. (NASDAQ:AGYS).

Agilysys, Inc. is a technology company. The company has market cap of $229.44 million. The Firm provides software for point-of-sale , property management, inventory and procurement, workforce management, analytics, document management, and mobile and wireless solutions and services to the hospitality industry. It currently has negative earnings. The Firm serves four market sectors: gaming, both corporate and tribal; hotels, resorts and cruise; foodservice management, and restaurants, universities, stadia and healthcare.

Analysts await Agilysys, Inc. (NASDAQ:AGYS) to report earnings on June, 8.