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CSG Systems International, Inc. (CSGS) Reaches $48.21 52-Week High; Magnetar Financial Has Cut By $443,223 Its Mallinckrodt Pub LTD Co (MNK) Stake

The stock of CSG Systems International, Inc. (NASDAQ:CSGS) hit a new 52-week high and has $50.14 target or 4.00% above today’s $48.21 share price. The 9 months bullish chart indicates low risk for the $1.62B company. The 1-year high was reported on Feb, 20 by Barchart.com. If the $50.14 price target is reached, the company will be worth $64.64 million more. The stock increased 1.11% or $0.53 during the last trading session, reaching $48.21. About 67,617 shares traded. CSG Systems International, Inc. (NASDAQ:CSGS) has declined 3.19% since February 20, 2017 and is downtrending. It has underperformed by 19.89% the S&P500.

Magnetar Financial Llc decreased Mallinckrodt Pub Ltd Co (MNK) stake by 59.05% reported in 2017Q3 SEC filing. Magnetar Financial Llc sold 11,979 shares as Mallinckrodt Pub Ltd Co (MNK)’s stock declined 25.01%. The Magnetar Financial Llc holds 8,306 shares with $310,000 value, down from 20,285 last quarter. Mallinckrodt Pub Ltd Co now has $1.62 billion valuation. The stock increased 1.61% or $0.27 during the last trading session, reaching $17.07. About 946,436 shares traded. Mallinckrodt Public Limited Company (NYSE:MNK) has declined 30.39% since February 20, 2017 and is downtrending. It has underperformed by 47.09% the S&P500.

Among 21 analysts covering Mallinckrodt (NYSE:MNK), 8 have Buy rating, 1 Sell and 12 Hold. Therefore 38% are positive. Mallinckrodt had 92 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Wednesday, August 5 by Oppenheimer. The firm earned “Outperform” rating on Wednesday, August 9 by BMO Capital Markets. The rating was initiated by Stifel Nicolaus on Friday, August 12 with “Buy”. Piper Jaffray maintained the shares of MNK in report on Friday, October 20 with “Buy” rating. The rating was maintained by Oppenheimer on Friday, July 28 with “Buy”. The firm has “Outperform” rating given on Monday, March 28 by RBC Capital Markets. BMO Capital Markets maintained Mallinckrodt Public Limited Company (NYSE:MNK) rating on Thursday, October 5. BMO Capital Markets has “Buy” rating and $65.0 target. Mizuho maintained Mallinckrodt Public Limited Company (NYSE:MNK) rating on Sunday, October 15. Mizuho has “Hold” rating and $40.0 target. The stock of Mallinckrodt Public Limited Company (NYSE:MNK) earned “Buy” rating by Mizuho on Wednesday, November 30. The firm has “Outperform” rating by Northland Capital given on Wednesday, November 11.

Investors sentiment increased to 0.91 in Q3 2017. Its up 0.19, from 0.72 in 2017Q2. It is positive, as 57 investors sold MNK shares while 92 reduced holdings. 33 funds opened positions while 103 raised stakes. 98.56 million shares or 3.73% more from 95.02 million shares in 2017Q2 were reported. Sg Americas Securities Ltd Llc holds 8,196 shares or 0% of its portfolio. 16,012 were accumulated by Meeder Asset Mgmt Inc. The North Carolina-based Commercial Bank Of America De has invested 0% in Mallinckrodt Public Limited Company (NYSE:MNK). Commonwealth Bancshares Of Australia owns 0% invested in Mallinckrodt Public Limited Company (NYSE:MNK) for 113 shares. 8,645 are held by Proshare Advsr Limited Liability Co. First Tru LP has 0.05% invested in Mallinckrodt Public Limited Company (NYSE:MNK) for 525,045 shares. Gemmer Asset Limited Liability Corp invested in 0% or 161 shares. The New York-based Bnp Paribas Arbitrage Sa has invested 0.03% in Mallinckrodt Public Limited Company (NYSE:MNK). Advisory Networks Ltd has invested 0% in Mallinckrodt Public Limited Company (NYSE:MNK). Susquehanna Intl Gp Llp accumulated 313,612 shares. Price T Rowe Assoc Md holds 3.58M shares or 0.02% of its portfolio. New Jersey Better Educational Savings stated it has 6,000 shares. Oregon Public Employees Retirement Fund holds 85,353 shares or 0.05% of its portfolio. Hudson Bay Management Lp holds 0.02% or 20,000 shares in its portfolio. Savings Bank Of New York Mellon holds 0.01% of its portfolio in Mallinckrodt Public Limited Company (NYSE:MNK) for 1.17 million shares.

Magnetar Financial Llc increased Raytheon Co (NYSE:RTN) stake by 2,427 shares to 8,808 valued at $1.64M in 2017Q3. It also upped Advanced Micro Devices Inc (Prn) stake by 5.25 million shares and now owns 25.25 million shares. Capital Bk Finl Corp (NASDAQ:CBF) was raised too.

CSG Systems International, Inc. provides business support solutions primarily to the communications industry. The company has market cap of $1.62 billion. The Company’s suite of solutions comprises Advanced Convergent Platform, a billing and customer care platform for cable and satellite providers; Total Service Mediation framework that supports offline and real-time mediation requirements; Singleview solution to deliver real-time charging services; and Wholesale Business Management Solution (WBMS), a settlements system, which handles voice, data, and content services. It has a 25.78 P/E ratio. The company's solutions also include customer interaction management solutions that process interactive voice, SMS/text, print, e-mail, Web, and fax messages on behalf of clients; and managed services.

Among 2 analysts covering CSG Systems (NASDAQ:CSGS), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. CSG Systems has $47 highest and $7 lowest target. $47’s average target is -2.51% below currents $48.21 stock price. CSG Systems had 6 analyst reports since November 5, 2015 according to SRatingsIntel. On Thursday, September 22 the stock rating was maintained by Stifel Nicolaus with “Buy”. The company was maintained on Wednesday, August 16 by Stifel Nicolaus. The company was maintained on Thursday, November 5 by Stifel Nicolaus. As per Thursday, March 17, the company rating was maintained by Stifel Nicolaus. The stock of CSG Systems International, Inc. (NASDAQ:CSGS) earned “Equal-Weight” rating by First Analysis on Thursday, November 5. On Monday, July 10 the stock rating was maintained by Stifel Nicolaus with “Buy”.

Since December 14, 2017, it had 0 insider buys, and 1 sale for $392,665 activity. SMITH DONALD V also sold $392,665 worth of CSG Systems International, Inc. (NASDAQ:CSGS) on Thursday, December 14.

Investors sentiment decreased to 0.99 in 2017 Q3. Its down 0.21, from 1.2 in 2017Q2. It fall, as 17 investors sold CSG Systems International, Inc. shares while 61 reduced holdings. 17 funds opened positions while 60 raised stakes. 29.73 million shares or 0.06% more from 29.71 million shares in 2017Q2 were reported. Shell Asset Mgmt invested 0.04% in CSG Systems International, Inc. (NASDAQ:CSGS). Wellington Gru Ltd Liability Partnership reported 47,770 shares stake. Acadian Asset Ltd reported 20,404 shares stake. Moreover, Ls Investment Advsrs Ltd has 0% invested in CSG Systems International, Inc. (NASDAQ:CSGS). Dean Management stated it has 50,454 shares or 0.95% of all its holdings. 12,708 were reported by Aperio Grp Ltd Liability. State Of Tennessee Treasury Department reported 0.01% of its portfolio in CSG Systems International, Inc. (NASDAQ:CSGS). Bnp Paribas Asset Holdg Sa owns 250,373 shares. Bnp Paribas Arbitrage Sa holds 0% or 20,367 shares in its portfolio. Stifel Fincl has 6,714 shares. Vanguard Gp Incorporated holds 0.01% in CSG Systems International, Inc. (NASDAQ:CSGS) or 3.76 million shares. Citigroup, New York-based fund reported 28,989 shares. Fmr Ltd stated it has 1.03 million shares. Moreover, Tower Research Limited Liability Corporation (Trc) has 0.01% invested in CSG Systems International, Inc. (NASDAQ:CSGS) for 2,719 shares. Bankshares Of Montreal Can accumulated 71,045 shares.

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