COMSCORE (SCOR) : Re Advisers Corp reduced its stake in COMSCORE by 52.46% during the most recent quarter end. The investment management company now holds a total of 747,713 shares of COMSCORE which is valued at $19,507,832 after selling 825,000 shares in COMSCORE , the firm said in a disclosure report filed with the SEC on Aug 10, 2016.COMSCORE makes up approximately 0.33% of Re Advisers Corp’s portfolio.
Other Hedge Funds, Including , Ameritas Investment Partners boosted its stake in SCOR in the latest quarter, The investment management firm added 280 additional shares and now holds a total of 11,671 shares of COMSCORE which is valued at $304,496. COMSCORE makes up approx 0.02% of Ameritas Investment Partners’s portfolio.California State Teachers Retirement System reduced its stake in SCOR by selling 4,027 shares or 3.87% in the most recent quarter. The Hedge Fund company now holds 100,114 shares of SCOR which is valued at $2,603,965. COMSCORE makes up approx 0.01% of California State Teachers Retirement System’s portfolio.Gemmer Asset Management boosted its stake in SCOR in the latest quarter, The investment management firm added 47 additional shares and now holds a total of 108 shares of COMSCORE which is valued at $2,885.
COMSCORE opened for trading at $27.44 and hit $27.79 on the upside on Friday, eventually ending the session at $27.47, with a gain of 0.29% or 0.08 points. The heightened volatility saw the trading volume jump to 3,69,735 shares. Company has a market cap of $1,070 M.
On the company’s financial health, COMSCORE reported $0.48 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Feb 17, 2016. Analyst had a consensus of $0.44. The company had revenue of $97.67 million for the quarter, compared to analysts expectations of $99.01 million. The company’s revenue was up 8.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.46 EPS.
Many Wall Street Analysts have commented on COMSCORE. COMSCORE was Downgraded by Sidoti to ” Neutral” on Jul 13, 2016. COMSCORE was Downgraded by Susquehanna to ” Neutral” on Jun 29, 2016. Shares were Downgraded by Telsey Advisory Group on Jun 28, 2016 to ” Market Perform” and Lowered the Price Target to $ 35 from a previous price target of $60 .
comScore Inc. provides data metrics products and services to clients in the media advertising and marketing industries. The Companys technology measures consumer interactions with digital media including Web sites apps video programming and advertising. Its platforms provide products organized around three lines of business Audience Measurement Products & Services which measures the size behavior and characteristics of online audiences across multiple platforms including PCs tablets smartphones televisions game consoles and other connected devices; Advertising Products & Services which provides solutions for planning and evaluation of digital advertising performance and Enterprise solutions enables customers to use digital media analytics. Its customers include Internet-based companies investment banks creative media agencies consumer banks wireless carriers pharmaceutical manufacturers and consumer packaged goods companies.