Pear Tree Advisors Inc adds Web.com Group Inc (WEB) to its portfolio

Web.com Group Inc (WEB) : Pear Tree Advisors Inc added new position in Web.com Group Inc during the most recent quarter end. The investment management firm now holds 79,400 shares of Web.com Group Inc which is valued at $1.3 Million , the company said in a statement filed on May 13, 2016 with the SEC.Web.com Group Inc makes up approximately 0.56% of Pear Tree Advisors Inc’s portfolio.

Other Hedge Funds, Including , Allianz Asset Management Ag boosted its stake in WEB in the latest quarter, The investment management firm added 59,739 additional shares and now holds a total of 96,499 shares of Web.com Group Inc which is valued at $1.6 Million.Tfs Capital reduced its stake in WEB by selling 206,441 shares or 92.39% in the most recent quarter. The Hedge Fund company now holds 17,007 shares of WEB which is valued at $287,758. Web.com Group Inc makes up approx 0.04% of Tfs Capital’s portfolio.Aristotle Fund boosted its stake in WEB in the latest quarter, The investment management firm added 81,000 additional shares and now holds a total of 252,000 shares of Web.com Group Inc which is valued at $4.7 Million. Web.com Group Inc makes up approx 39.62% of Aristotle Fund’s portfolio.Ramsey Quantitative Systems boosted its stake in WEB in the latest quarter, The investment management firm added 2,491 additional shares and now holds a total of 24,998 shares of Web.com Group Inc which is valued at $463,713. Web.com Group Inc makes up approx 0.48% of Ramsey Quantitative Systems’s portfolio.Tocqueville Asset Management reduced its stake in WEB by selling 7,450 shares or 1.96% in the most recent quarter. The Hedge Fund company now holds 373,000 shares of WEB which is valued at $7.5 Million. Web.com Group Inc makes up approx 0.10% of Tocqueville Asset Management’s portfolio.

On the company’s financial health, Web.com Group Inc reported $0.65 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on May 5, 2016. Analyst had a consensus of $0.61. The company had revenue of $153.40 million for the quarter, compared to analysts expectations of $152.24 million. The company’s revenue was up 11.4% compared to the same quarter last year.

Many Wall Street Analysts have commented on Web.com Group Inc. Company shares were Reiterated by RBC Capital Mkts on May 6, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 24 from a previous price target of $23 .Shares were Downgraded by Deutsche Bank on Feb 16, 2016 to ” Hold” and Lowered the Price Target to $ 19 from a previous price target of $31 .Shares were Reiterated by RBC Capital Mkts on Feb 16, 2016 to “Sector Perform” and Lowered the Price Target to $ 23 from a previous price target of $25 .

Web.com Group Inc. (Web.com) provides a range of Internet services to small businesses. The Company offers Domain Name Registration and Services Do-It-For-Me Web Solutions Do-It-Yourself Web Solutions and Online Marketing Services. It offers Domain Name Registration and Services such as domain name registration transfers renewals expiration protection and privacy services. It offers Do-It-For-Me (DIFM) Web Solutions such as custom Website Ignite Facebook Boost by Web.com and eCommerce. It offers Do-It-Yourself Web Solutions such as Website building and marketing solutions. It offers Online Marketing Services such as search engine optimization (SEO) search engine marketing Leads by Web and renovation experts. Web.com offers small businesses subscription-based solutions such as domains hosting Website design and management search engine optimization online marketing campaigns local sales leads social media mobile products and eCommerce solutions.

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