Centaur Capital Partners adds Match Group Inc (MTCH) to its portfolio

Match Group Inc (MTCH) : Centaur Capital Partners added new position in Match Group Inc during the most recent quarter end. The investment management firm now holds 42,500 shares of Match Group Inc which is valued at $680,850 , the company said in a statement filed on Aug 15, 2016 with the SEC.Match Group Inc makes up approximately 1.17% of Centaur Capital Partners’s portfolio.

Other Hedge Funds, Including , Element Capital Management sold out all of its stake in MTCH during the most recent quarter. The investment firm sold 30,000 shares of MTCH which is valued $480,600.Portolan Capital Management reduced its stake in MTCH by selling 217,750 shares or 28.83% in the most recent quarter. The Hedge Fund company now holds 537,489 shares of MTCH which is valued at $8,610,574. Match Group Inc makes up approx 1.15% of Portolan Capital Management’s portfolio. Dynamic Technology Lab Private Ltd sold out all of its stake in MTCH during the most recent quarter. The investment firm sold 30,148 shares of MTCH which is valued $482,971. Edmond De Rothschild Asset Management (france) added MTCH to its portfolio by purchasing 17,000 company shares during the most recent quarter which is valued at $272,340. Match Group Inc makes up approx 0.01% of Edmond De Rothschild Asset Management (france)’s portfolio. Blair William Coil added MTCH to its portfolio by purchasing 18,975 company shares during the most recent quarter which is valued at $309,103.

On the company’s financial health, Match Group Inc reported $0.11 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on May 3, 2016. Analyst had a consensus of $0.08. The company had revenue of $285.30 million for the quarter, compared to analysts expectations of $281.08 million. The company’s revenue was up 21.4% compared to the same quarter last year.

Many Wall Street Analysts have commented on Match Group Inc. JP Morgan Upgraded Match Group Inc on Jul 28, 2016 to ” Overweight”, Price Target of the shares are set at $19.

Match Group Inc. is engaged in providing dating products. The Company operates through two segments: Dating and Non-dating. The Company operates a portfolio of over 45 brands. The Company through its portfolio of brands provides products to meet the varying preferences of its users. Its Dating segment provides dating products through brands such as Match OkCupid Tinder PlentyOfFish Meetic Twoo OurTime and FriendScout24. The Company’s Non-dating segment provides a range of education services. Through The Princeton Review Non-dating segment offers services including test preparation academic tutoring and college counseling services. The Princeton Review includes Tutor.com which provides online on demand one-on-one tutoring services. The Company offers dating products in approximately 40 languages across over 190 countries.

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