Manhattan Associates (MANH) Holder Rgm Capital Has Boosted Holding by $6.15 Million as Stock Declined; Duncker Streett & Company Position in Visa (V) Increased by $509,355

December 25, 2017 - By Marie Mckinney

Duncker Streett & Company Inc increased its stake in Visa Inc (V) by 61.78% based on its latest 2017Q3 regulatory filing with the SEC. Duncker Streett & Company Inc bought 4,851 shares as the company’s stock rose 5.74% with the market. The institutional investor held 12,703 shares of the business services company at the end of 2017Q3, valued at $1.34 million, up from 7,852 at the end of the previous reported quarter. Duncker Streett & Company Inc who had been investing in Visa Inc for a number of months, seems to be bullish on the $255.38B market cap company. The stock increased 0.25% or $0.28 during the last trading session, reaching $112.69. About 6.19 million shares traded. Visa Inc. (NYSE:V) has risen 20.29% since December 25, 2016 and is uptrending. It has outperformed by 3.59% the S&P500.

Robert G. Moses increased its stake in Manhattan Associates Inc (MANH) by 14.22% based on its latest 2017Q3 regulatory filing with the SEC. Rgm Capital Llc bought 150,000 shares as the company’s stock declined 5.87% while stock markets rallied. The hedge fund run by Robert G. Moses held 1.20 million shares of the technology company at the end of 2017Q3, valued at $50.09M, up from 1.05 million at the end of the previous reported quarter. Rgm Capital Llc who had been investing in Manhattan Associates Inc for a number of months, seems to be bullish on the $3.33 billion market cap company. The stock increased 0.27% or $0.13 during the last trading session, reaching $48.33. About 335,484 shares traded. Manhattan Associates, Inc. (NASDAQ:MANH) has declined 22.39% since December 25, 2016 and is downtrending. It has underperformed by 39.09% the S&P500.

Rgm Capital Llc, which manages about $775.24M and $968.49 million US Long portfolio, decreased its stake in Liveperson Inc (NASDAQ:LPSN) by 201,156 shares to 2.47M shares, valued at $33.41M in 2017Q3, according to the filing. It also reduced its holding in Callidus Software Inc (NASDAQ:CALD) by 250,000 shares in the quarter, leaving it with 2.42 million shares, and cut its stake in Lam Research Corp (NASDAQ:LRCX).

Among 7 analysts covering Manhattan Assoc (NASDAQ:MANH), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Manhattan Assoc had 13 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has “Outperform” rating by William Blair on Tuesday, September 29. The rating was initiated by Lake Street on Monday, October 19 with “Buy”. The stock of Manhattan Associates, Inc. (NASDAQ:MANH) earned “Mkt Perform” rating by Raymond James on Monday, January 9. Benchmark maintained Manhattan Associates, Inc. (NASDAQ:MANH) on Wednesday, July 22 with “Buy” rating. The firm has “Buy” rating by SunTrust given on Wednesday, November 15. The stock has “Buy” rating by SunTrust on Tuesday, October 3. William Blair downgraded Manhattan Associates, Inc. (NASDAQ:MANH) on Thursday, April 28 to “Market Perform” rating. Brean Capital initiated it with “Buy” rating and $74 target in Tuesday, January 12 report. As per Wednesday, February 1, the company rating was maintained by Benchmark. The rating was maintained by KeyBanc Capital Markets with “Hold” on Wednesday, August 23.

Investors sentiment increased to 1.33 in Q3 2017. Its up 0.26, from 1.07 in 2017Q2. It improved, as 35 investors sold MANH shares while 67 reduced holdings. 35 funds opened positions while 101 raised stakes. 72.05 million shares or 1.48% less from 73.13 million shares in 2017Q2 were reported. Advantus Mngmt Inc stated it has 8,666 shares or 0.01% of all its holdings. Wilkins Inv Counsel has 0.06% invested in Manhattan Associates, Inc. (NASDAQ:MANH) for 5,100 shares. Columbia Wanger Asset Mngmt Limited Liability Com accumulated 0.55% or 898,449 shares. Amica Retiree Tru holds 0.03% or 946 shares in its portfolio. Boston Lc holds 0.03% of its portfolio in Manhattan Associates, Inc. (NASDAQ:MANH) for 32,573 shares. 121,404 were reported by New York State Teachers Retirement System. Acadian Asset Mgmt Ltd Limited Liability Company holds 53,443 shares or 0.01% of its portfolio. Utah Retirement Sys stated it has 0.01% of its portfolio in Manhattan Associates, Inc. (NASDAQ:MANH). Ahl Llp reported 227,416 shares. King Luther Cap Mgmt Corporation owns 32,875 shares. Sg Americas Securities Limited Liability Co reported 19,624 shares stake. Northern Trust Corp owns 893,635 shares. Voya Inv Management Limited Com invested 0.05% in Manhattan Associates, Inc. (NASDAQ:MANH). Los Angeles Cap Mgmt Equity holds 62,852 shares or 0.02% of its portfolio. Ameritas Invest Inc accumulated 0.04% or 20,753 shares.

Since August 17, 2017, it had 0 insider purchases, and 3 insider sales for $7.43 million activity. $707,561 worth of Visa Inc. (NYSE:V) shares were sold by MATSCHULLAT ROBERT W. The insider MAHON TULLIER KELLY sold $5.65 million.