Horrell Capital Management buys $589,410 stake in Acxiom Corporation (ACXM)

Acxiom Corporation (ACXM) : Horrell Capital Management scooped up 218 additional shares in Acxiom Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 21, 2016. The investment management firm now holds a total of 27,000 shares of Acxiom Corporation which is valued at $589,410.Acxiom Corporation makes up approximately 0.36% of Horrell Capital Management’s portfolio.

Acxiom Corporation opened for trading at $21.79 and hit $22.37 on the upside on Wednesday, eventually ending the session at $22.33, with a gain of 2.15% or 0.47 points. The heightened volatility saw the trading volume jump to 3,98,301 shares. Company has a market cap of $1,736 M.

Other Hedge Funds, Including , Strs Ohio sold out all of its stake in ACXM during the most recent quarter. The investment firm sold 500 shares of ACXM which is valued $10,915.Oregon Public Employees Retirement Fund boosted its stake in ACXM in the latest quarter, The investment management firm added 1,007 additional shares and now holds a total of 25,292 shares of Acxiom Corporation which is valued at $532,650. Acxiom Corporation makes up approx 0.01% of Oregon Public Employees Retirement Fund’s portfolio. Contravisory Investment Management added ACXM to its portfolio by purchasing 7,092 company shares during the most recent quarter which is valued at $149,358. Acxiom Corporation makes up approx 0.04% of Contravisory Investment Management’s portfolio. Eqis Capital Management added ACXM to its portfolio by purchasing 9,781 company shares during the most recent quarter which is valued at $209,313. Acxiom Corporation makes up approx 0.01% of Eqis Capital Management’s portfolio.

On the company’s financial health, Acxiom Corporation reported $0.18 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Feb 4, 2016. Analyst had a consensus of $0.12. The company had revenue of $221.00 million for the quarter, compared to analysts expectations of $213.31 million. The company’s revenue was up 6.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.23 EPS.

Acxiom Corporation is an enterprise data analytics and software-as-a-service company. The Company’s operating segments include Marketing and Data Services IT Infrastructure Management (ITO) and Other Services. The Marketing and Data Services segment includes its global lines of business for Customer Data Integration Consumer Insight Solutions Marketing Management Services (including the Audience Operating System and LiveRamp on-boarding services) e-mail Fulfillment Services and Consulting and Agency Services. The IT Infrastructure Management segment develops and delivers information technology (IT) outsourcing and transformational solutions. Its client list includes organizations in these regions across industry verticals including financial insurance and investment services automotive retail telecommunications high tech healthcare travel entertainment non-profit and government. It operates in the United States Europe South America and the Asia-Pacific region.

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