Zebra Capital Management buys $2.3 Million stake in West Corp (WSTC)

West Corp (WSTC) : Zebra Capital Management scooped up 10,592 additional shares in West Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 12, 2016. The investment management firm now holds a total of 111,328 shares of West Corp which is valued at $2.3 Million.West Corp makes up approximately 0.95% of Zebra Capital Management’s portfolio.

Other Hedge Funds, Including , Raymond James Associates boosted its stake in WSTC in the latest quarter, The investment management firm added 8,485 additional shares and now holds a total of 74,666 shares of West Corp which is valued at $1.6 Million. West Corp makes up approx 0.01% of Raymond James Associates’s portfolio.Blackrock Advisors boosted its stake in WSTC in the latest quarter, The investment management firm added 1,517 additional shares and now holds a total of 23,547 shares of West Corp which is valued at $495,193.Blackrock Fund Advisors reduced its stake in WSTC by selling 29,663 shares or 2.31% in the most recent quarter. The Hedge Fund company now holds 1,252,865 shares of WSTC which is valued at $26.3 Million. West Corp makes up approx 0.01% of Blackrock Fund Advisors’s portfolio.Ifp Advisors Inc reduced its stake in WSTC by selling 192 shares or 85.33% in the most recent quarter. The Hedge Fund company now holds 33 shares of WSTC which is valued at $715. Nisa Investment Advisors L.l.c. added WSTC to its portfolio by purchasing 300 company shares during the most recent quarter which is valued at $6,429.

West Corp opened for trading at $20.37 and hit $20.67 on the upside on Friday, eventually ending the session at $20.45, with a gain of 0.94% or 0.19 points. The heightened volatility saw the trading volume jump to 3,27,693 shares. Company has a market cap of $1,689,027 M.

On the company’s financial health, West Corp reported $0.75 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on May 2, 2016. Analyst had a consensus of $0.71. The company had revenue of $570.80 million for the quarter, compared to analysts expectations of $566.80 million. The company’s revenue was up .9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.16 EPS.

Many Wall Street Analysts have commented on West Corp. West Corp was Downgraded by Morgan Stanley to ” Underweight” on Apr 7, 2016.

West Corporation (West) is a provider of technology-enabled communication services. The Company offers a range of communication and network infrastructure solutions that helps to manage or support communications. The Company operates in two segments: Unified Communications including conferencing and collaboration Internet protocol (IP) communications and interactive services and Communication Services including safety services telecom services and specialized agent services. Its solutions include unified communications services safety services interactive services such as automated notifications telecom services and agent services. The Company offers its services to small and medium enterprises in a variety of industries including telecommunications retail financial services safety education technology and healthcare. The Company’s operates in the United States Canada Europe the Middle East Asia-Pacific Latin America and South America.

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