Acxiom Corporation (ACXM) : Msf Capital reduced its stake in Acxiom Corporation by 81.77% during the most recent quarter end. The investment management company now holds a total of 95,922 shares of Acxiom Corporation which is valued at $2.2 Million after selling 430,397 shares in Acxiom Corporation , the firm said in a disclosure report filed with the SEC on May 13, 2016.Acxiom Corporation makes up approximately 7.48% of Msf Capital’s portfolio.
Other Hedge Funds, Including , State Of Tennessee Treasury Department boosted its stake in ACXM in the latest quarter, The investment management firm added 50,000 additional shares and now holds a total of 142,200 shares of Acxiom Corporation which is valued at $3.2 Million. Acxiom Corporation makes up approx 0.02% of State Of Tennessee Treasury Department’s portfolio.Artisan Partners Limited Partnership reduced its stake in ACXM by selling 17,128 shares or 1.94% in the most recent quarter. The Hedge Fund company now holds 866,120 shares of ACXM which is valued at $19.8 Million. Acxiom Corporation makes up approx 0.04% of Artisan Partners Limited Partnership’s portfolio.Gsa Capital Partners Llp reduced its stake in ACXM by selling 7,366 shares or 33.09% in the most recent quarter. The Hedge Fund company now holds 14,897 shares of ACXM which is valued at $340,396. Acxiom Corporation makes up approx 0.02% of Gsa Capital Partners Llp’s portfolio. Ridgeworth Capital Management sold out all of its stake in ACXM during the most recent quarter. The investment firm sold 206 shares of ACXM which is valued $4,707.Profund Advisors boosted its stake in ACXM in the latest quarter, The investment management firm added 1,752 additional shares and now holds a total of 13,961 shares of Acxiom Corporation which is valued at $318,869. Acxiom Corporation makes up approx 0.02% of Profund Advisors’s portfolio.
Acxiom Corporation closed down -0.06 points or -0.28% at $21.18 with 3,74,365 shares getting traded on Wednesday. Post opening the session at $21.24, the shares hit an intraday low of $21.18 and an intraday high of $21.59 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
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 May 17, 2016. Analyst had a consensus of $0.12. The company had revenue of $224.66 million for the quarter, compared to analysts expectations of $213.20 million. The company’s revenue was up 9.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.24 EPS.
Many Wall Street Analysts have commented on Acxiom Corporation. Dougherty & Company Initiated Acxiom Corporation on May 24, 2016 to “Buy”, Price Target of the shares are set at $28.
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.