Stock News

Pinnacle Holdings Has Raised By $35.41 Million Its Rent (RCII) Position; 2 Analysts Bullish Safeguard Scientifics, Inc. (SFE)

Safeguard Scientifics, Inc. (NYSE:SFE) Logo

Pinnacle Holdings Llc increased Rent (RCII) stake by 6.77% reported in 2017Q4 SEC filing. Pinnacle Holdings Llc acquired 3,190 shares as Rent (RCII)’s stock declined 19.35%. The Pinnacle Holdings Llc holds 50,320 shares with $558.55 million value, up from 47,130 last quarter. Rent now has $557.11M valuation. The stock decreased 0.67% or $0.07 during the last trading session, reaching $10.43. About 165,255 shares traded. Rent-A-Center, Inc. (NASDAQ:RCII) has declined 3.97% since April 18, 2017 and is downtrending. It has underperformed by 15.52% the S&P500.

Among 3 analysts covering Safeguard Scientifics (NYSE:SFE), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Safeguard Scientifics had 6 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Safeguard Scientifics, Inc. (NYSE:SFE) has “Hold” rating given on Thursday, March 1 by Keefe Bruyette & Woods. The stock has “Sell” rating by Zacks on Wednesday, August 5. Barrington Research initiated Safeguard Scientifics, Inc. (NYSE:SFE) on Tuesday, July 21 with “Outperform” rating. The company was upgraded on Wednesday, December 6 by Keefe Bruyette & Woods. The firm earned “Buy” rating on Tuesday, March 6 by Barrington. See Safeguard Scientifics, Inc. (NYSE:SFE) latest ratings:

06/03/2018 Broker: Barrington Rating: Buy New Target: $20.0 Maintain
01/03/2018 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $14.5 Maintain
06/12/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $13.25 Upgrade

Investors sentiment increased to 1.03 in Q4 2017. Its up 0.26, from 0.77 in 2017Q3. It improved, as 8 investors sold Safeguard Scientifics, Inc. shares while 31 reduced holdings. 16 funds opened positions while 24 raised stakes. 15.56 million shares or 0.18% more from 15.54 million shares in 2017Q3 were reported. Jbf Capital Inc holds 0% of its portfolio in Safeguard Scientifics, Inc. (NYSE:SFE) for 2,800 shares. Morgan Stanley holds 0% or 48,780 shares in its portfolio. Sei Invests reported 311 shares stake. State Board Of Administration Of Florida Retirement Sys accumulated 0% or 27,724 shares. Susquehanna Int Gp Llp reported 79,825 shares. Jpmorgan Chase And reported 0% of its portfolio in Safeguard Scientifics, Inc. (NYSE:SFE). Bridgeway Capital Management Inc accumulated 19,750 shares or 0% of the stock. Tower Cap Ltd (Trc) owns 31,135 shares for 0.05% of their portfolio. Goldman Sachs Gru Incorporated accumulated 26,663 shares or 0% of the stock. Moreover, California Public Employees Retirement has 0% invested in Safeguard Scientifics, Inc. (NYSE:SFE). Stratos Wealth Prns Ltd owns 0% invested in Safeguard Scientifics, Inc. (NYSE:SFE) for 4,900 shares. Goldman Cap Management holds 190,000 shares or 2.06% of its portfolio. Heartland Advsrs Incorporated invested 0.24% of its portfolio in Safeguard Scientifics, Inc. (NYSE:SFE). Mufg Americas invested 0% in Safeguard Scientifics, Inc. (NYSE:SFE). Granahan Invest Mngmt Inc Ma reported 0.35% stake.

Safeguard Scientifics, Inc. is a private equity and venture capital firm specializing in expansion financings, growth capital, management buyouts, recapitalizations, industry consolidations, corporate spinouts, growth stage, and early stage financings in Fintech sector. The company has market cap of $252.46 million. It initially invests in a Series A-C round and opportunistically in a seed round. It currently has negative earnings. The firm prefers to make investments in companies engaged in the technology, financial services, and healthcare sector.

The stock increased 1.03% or $0.125 during the last trading session, reaching $12.275. About 14,773 shares traded. Safeguard Scientifics, Inc. (NYSE:SFE) has risen 2.87% since April 18, 2017 and is uptrending. It has underperformed by 8.68% the S&P500.

Among 13 analysts covering Rent-A-Center Inc (NASDAQ:RCII), 4 have Buy rating, 1 Sell and 8 Hold. Therefore 31% are positive. Rent-A-Center Inc had 35 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has “Hold” rating by Jefferies given on Thursday, October 13. The stock has “Mkt Perform” rating by Raymond James on Tuesday, December 6. The stock of Rent-A-Center, Inc. (NASDAQ:RCII) earned “Equal-Weight” rating by Stephens on Thursday, February 22. The firm has “Hold” rating given on Tuesday, January 12 by BB&T Capital. Stephens maintained Rent-A-Center, Inc. (NASDAQ:RCII) on Tuesday, January 2 with “Sell” rating. The stock of Rent-A-Center, Inc. (NASDAQ:RCII) earned “Hold” rating by Jefferies on Wednesday, November 1. The stock of Rent-A-Center, Inc. (NASDAQ:RCII) earned “Sell” rating by Loop Capital Markets on Thursday, August 17. The firm earned “Hold” rating on Friday, October 20 by Stifel Nicolaus. Jefferies maintained the shares of RCII in report on Thursday, September 7 with “Hold” rating. The rating was maintained by Stifel Nicolaus with “Hold” on Thursday, July 27.

Pinnacle Holdings Llc decreased General Cable (Prn) stake by 135,000 shares to 1.96M valued at $2.07B in 2017Q4. It also reduced Plains Gp Holdings stake by 2,180 shares and now owns 63,905 shares. Rait Financial (Prn) was reduced too.

Investors sentiment decreased to 0.84 in Q4 2017. Its down 0.24, from 1.08 in 2017Q3. It turned negative, as 29 investors sold RCII shares while 62 reduced holdings. 28 funds opened positions while 48 raised stakes. 64.20 million shares or 9.24% more from 58.77 million shares in 2017Q3 were reported. Harvest Capital Strategies Limited Liability Com reported 664,750 shares stake. Creative Planning, a Kansas-based fund reported 42,180 shares. Greenwich Wealth Management holds 70,662 shares or 0.13% of its portfolio. Parallax Volatility Advisers Lp, a California-based fund reported 6,762 shares. Spark Invest Mngmt Limited Liability holds 0.23% of its portfolio in Rent-A-Center, Inc. (NASDAQ:RCII) for 390,600 shares. Engaged Capital Ltd owns 12.94% invested in Rent-A-Center, Inc. (NASDAQ:RCII) for 8.98 million shares. 5,855 were accumulated by Jfs Wealth Advisors Limited. Driehaus Capital Mgmt Ltd Com reported 0.06% stake. Ontario – Canada-based Natl Bank Of Nova Scotia has invested 0% in Rent-A-Center, Inc. (NASDAQ:RCII). Panagora Asset Mgmt invested in 247 shares. Water Island Capital Ltd stated it has 443,620 shares. Tci Wealth Advsrs Inc has 0% invested in Rent-A-Center, Inc. (NASDAQ:RCII). 937,712 were reported by Deutsche Financial Bank Ag. 30,680 are held by Barclays Public Ltd. Numeric Lc has 47,200 shares.

Rent-A-Center, Inc. (NASDAQ:RCII) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *