Penn Capital Management Co Has Boosted Its Q2 Hldgs (QTWO) Stake; Moneygram International (MGI) SI Increased By 8.84%

November 15, 2017 - By Kurt Siggers

Penn Capital Management Co Inc increased Q2 Hldgs Inc (QTWO) stake by 3059.88% reported in 2017Q2 SEC filing. Penn Capital Management Co Inc acquired 294,207 shares as Q2 Hldgs Inc (QTWO)’s stock rose 8.75%. The Penn Capital Management Co Inc holds 303,822 shares with $11.24M value, up from 9,615 last quarter. Q2 Hldgs Inc now has $1.74 billion valuation. The stock declined 3.13% or $1.35 reaching $41.75 on the news. About 550 shares traded. Q2 Holdings Inc (NYSE:QTWO) has risen 76.19% since November 15, 2016 and is uptrending. It has outperformed by 59.49% the S&P500.

Moneygram International Incorporated (NASDAQ:MGI) had an increase of 8.84% in short interest. MGI’s SI was 4.85 million shares in November as released by FINRA. Its up 8.84% from 4.45M shares previously. With 585,200 avg volume, 8 days are for Moneygram International Incorporated (NASDAQ:MGI)’s short sellers to cover MGI’s short positions. The SI to Moneygram International Incorporated’s float is 17.3%. About shares traded. Moneygram International Inc (NASDAQ:MGI) has risen 183.58% since November 15, 2016 and is uptrending. It has outperformed by 166.88% the S&P500.

Among 13 analysts covering Q2 Holdings Inc (NYSE:QTWO), 9 have Buy rating, 0 Sell and 4 Hold. Therefore 69% are positive. Q2 Holdings Inc had 28 analyst reports since August 4, 2015 according to SRatingsIntel. Canaccord Genuity maintained the shares of QTWO in report on Sunday, July 30 with “Buy” rating. On Friday, February 12 the stock rating was maintained by Needham with “Buy”. The stock has “Hold” rating by Canaccord Genuity on Thursday, November 2. The firm has “Buy” rating given on Thursday, August 3 by Stifel Nicolaus. The company was maintained on Friday, November 3 by Morgan Stanley. Canaccord Genuity maintained Q2 Holdings Inc (NYSE:QTWO) rating on Monday, June 5. Canaccord Genuity has “Buy” rating and $4300 target. First Analysis initiated Q2 Holdings Inc (NYSE:QTWO) on Wednesday, March 2 with “Overweight” rating. The rating was maintained by RBC Capital Markets with “Outperform” on Friday, August 5. The company was initiated on Tuesday, January 10 by Loop Capital. Northland Capital initiated the stock with “Outperform” rating in Wednesday, December 9 report.

Penn Capital Management Co Inc decreased Cavium Inc (NASDAQ:CAVM) stake by 5,272 shares to 171,415 valued at $10.65M in 2017Q2. It also reduced Boise Cascade Co Del (NYSE:BCC) stake by 11,279 shares and now owns 8,423 shares. Seachange Intl Inc (NASDAQ:SEAC) was reduced too.

Since May 22, 2017, it had 0 buys, and 11 sales for $5.94 million activity. The insider Flake Matthew P sold $1.30M. On Thursday, June 8 the insider Seale R. H. sold $7,293. $298,200 worth of Q2 Holdings Inc (NYSE:QTWO) was sold by Breeden John E. Harris Jennifer Noel had sold 10,000 shares worth $393,800. Blue Adam D sold $983,250 worth of stock or 25,000 shares. On Tuesday, June 13 the insider Offerdahl James sold $37,630. DOYLE CHARLES T sold $982 worth of stock.

Investors sentiment decreased to 1.61 in 2017 Q2. Its down 0.18, from 1.79 in 2017Q1. It dived, as 18 investors sold QTWO shares while 31 reduced holdings. 27 funds opened positions while 52 raised stakes. 34.05 million shares or 0.54% more from 33.86 million shares in 2017Q1 were reported. Swiss Natl Bank holds 50,500 shares or 0% of its portfolio. Bbr Prtnrs Ltd Liability invested in 10,000 shares or 0.08% of the stock. Moreover, Goldman Sachs Group Inc has 0% invested in Q2 Holdings Inc (NYSE:QTWO) for 67,332 shares. Ny State Common Retirement Fund has 0.02% invested in Q2 Holdings Inc (NYSE:QTWO). Cubist Systematic Strategies Limited Company accumulated 13,947 shares. Tiaa Cref Inv Lc owns 84,200 shares for 0% of their portfolio. Oppenheimer Asset holds 0% in Q2 Holdings Inc (NYSE:QTWO) or 2,980 shares. Manufacturers Life Ins Com The has 24,616 shares for 0% of their portfolio. Sei Company holds 0% or 3,557 shares in its portfolio. Prescott Grp Cap Mgmt Ltd Liability Co stated it has 0.62% in Q2 Holdings Inc (NYSE:QTWO). Eam Investors Ltd Liability Corp has 0.43% invested in Q2 Holdings Inc (NYSE:QTWO). Blair William Company Il stated it has 8,830 shares. Employees Retirement System Of Ohio accumulated 46,476 shares or 0.01% of the stock. Next Century Growth Investors Ltd holds 391,815 shares or 1.39% of its portfolio. Federated Investors Pa holds 754,100 shares.

Among 6 analysts covering Moneygram International (NASDAQ:MGI), 1 have Buy rating, 1 Sell and 4 Hold. Therefore 17% are positive. Moneygram International had 10 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of Moneygram International Inc (NASDAQ:MGI) has “Hold” rating given on Monday, January 30 by Feltl & Co. The stock of Moneygram International Inc (NASDAQ:MGI) has “Hold” rating given on Wednesday, October 11 by Northland Capital. The firm has “Hold” rating given on Monday, July 24 by Northland Capital. The stock of Moneygram International Inc (NASDAQ:MGI) earned “Hold” rating by Northland Capital on Thursday, June 29. As per Tuesday, September 5, the company rating was maintained by Northland Capital. As per Monday, November 2, the company rating was maintained by Compass Point. The stock of Moneygram International Inc (NASDAQ:MGI) has “Equal-Weight” rating given on Thursday, January 26 by First Analysis. As per Tuesday, July 18, the company rating was maintained by Northland Capital. The firm has “Sell” rating given on Monday, August 3 by Evercore.

Investors sentiment increased to 1.37 in Q2 2017. Its up 0.37, from 1 in 2017Q1. It is positive, as 22 investors sold Moneygram International Inc shares while 27 reduced holdings. 29 funds opened positions while 38 raised stakes. 47.73 million shares or 3.56% more from 46.09 million shares in 2017Q1 were reported. Teton Incorporated invested 0.03% in Moneygram International Inc (NASDAQ:MGI). Bnp Paribas Arbitrage Sa owns 0% invested in Moneygram International Inc (NASDAQ:MGI) for 6,942 shares. Da Davidson holds 4 shares or 0% of its portfolio. Lapides Asset Mgmt Lc owns 150,800 shares. Gamco Invsts Et Al has invested 0.01% in Moneygram International Inc (NASDAQ:MGI). Zurcher Kantonalbank (Zurich Cantonalbank) reported 1,107 shares stake. Voya Invest Limited Liability Corporation holds 0% of its portfolio in Moneygram International Inc (NASDAQ:MGI) for 14,878 shares. Equitec Proprietary Mkts Limited Company, Illinois-based fund reported 4,300 shares. Creative Planning has 560 shares for 0% of their portfolio. Alliancebernstein Ltd Partnership accumulated 29,800 shares. Cannell Capital Lc has 5,705 shares. Usa Fincl Portformulas holds 22,769 shares. Nine Masts Capital reported 0.87% in Moneygram International Inc (NASDAQ:MGI). Fifth Third Bancshares invested in 28 shares. Pacad Invest Ltd holds 0% or 1,900 shares.

MoneyGram International, Inc. is a global well-known provider of money transfer services. The company has market cap of $766.83 million. The Firm operates through two divisions: Global Funds Transfer and Financial Paper Products. It has a 31.16 P/E ratio. The Firm offers its services under the MoneyGram brand.

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