Hartwell J M Limited Partnership Has Lowered By $1.47 Million Its Virtusa (VRTU) Stake; Millennium Management Boosted Its Office Depot (ODP) Position

May 18, 2018 - By reb123z

Virtusa Corporation (NASDAQ:VRTU) Logo

Hartwell J M Limited Partnership decreased Virtusa Corp (VRTU) stake by 31.15% reported in 2017Q4 SEC filing. Hartwell J M Limited Partnership sold 33,350 shares as Virtusa Corp (VRTU)’s stock rose 3.96%. The Hartwell J M Limited Partnership holds 73,700 shares with $3.25M value, down from 107,050 last quarter. Virtusa Corp now has $1.39 billion valuation. The stock decreased 0.55% or $0.26 during the last trading session, reaching $47.37. About 244,576 shares traded or 12.12% up from the average. Virtusa Corporation (NASDAQ:VRTU) has risen 56.23% since May 18, 2017 and is uptrending. It has outperformed by 44.68% the S&P500.

Millennium Management Llc increased Office Depot Inc (ODP) stake by 425.14% reported in 2017Q4 SEC filing. Millennium Management Llc acquired 666,873 shares as Office Depot Inc (ODP)’s stock declined 39.24%. The Millennium Management Llc holds 823,734 shares with $2.92 million value, up from 156,861 last quarter. Office Depot Inc now has $1.38 billion valuation. The stock increased 0.41% or $0.01 during the last trading session, reaching $2.47. About 4.76 million shares traded. Office Depot, Inc. (NASDAQ:ODP) has declined 52.71% since May 18, 2017 and is downtrending. It has underperformed by 64.26% the S&P500.

Investors sentiment increased to 1.5 in 2017 Q4. Its up 0.70, from 0.8 in 2017Q3. It is positive, as 7 investors sold VRTU shares while 51 reduced holdings. 37 funds opened positions while 50 raised stakes. 24.34 million shares or 3.51% less from 25.23 million shares in 2017Q3 were reported. Asset Mngmt reported 2,758 shares stake. Fmr Lc has 0.02% invested in Virtusa Corporation (NASDAQ:VRTU) for 3.64 million shares. Kornitzer Cap Management Ks, Kansas-based fund reported 50,400 shares. Bessemer Grp has invested 0% in Virtusa Corporation (NASDAQ:VRTU). Quantbot Tech LP has invested 0.02% of its portfolio in Virtusa Corporation (NASDAQ:VRTU). Mesirow Fincl Mngmt holds 338,532 shares or 1.05% of its portfolio. Deutsche Natl Bank Ag holds 0% or 60,265 shares. Invesco Ltd reported 0% of its portfolio in Virtusa Corporation (NASDAQ:VRTU). Moreover, Ubs Asset Management Americas has 0% invested in Virtusa Corporation (NASDAQ:VRTU) for 5,918 shares. Pdts Ltd Liability Corporation owns 65,800 shares. Bancorp Of Montreal Can owns 22,189 shares for 0% of their portfolio. Hutchin Hill Capital Limited Partnership stated it has 0.12% in Virtusa Corporation (NASDAQ:VRTU). Summit Creek Advsrs Limited Com invested in 1.18% or 142,422 shares. Credit Suisse Ag holds 25,877 shares. Mason Street Advsrs Llc has invested 0.01% in Virtusa Corporation (NASDAQ:VRTU).

Among 10 analysts covering Virtusa (NASDAQ:VRTU), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. Virtusa had 38 analyst reports since July 29, 2015 according to SRatingsIntel. On Thursday, August 20 the stock rating was initiated by Barrington Research with “Outperform”. The firm has “Neutral” rating given on Thursday, December 17 by Sterne Agee CRT. The rating was maintained by Needham with “Buy” on Tuesday, February 9. Maxim Group maintained Virtusa Corporation (NASDAQ:VRTU) on Wednesday, January 25 with “Buy” rating. The stock has “Buy” rating by Maxim Group on Thursday, November 10. The firm has “Outperform” rating given on Thursday, November 5 by Barrington Research. Barrington Research maintained the stock with “Outperform” rating in Tuesday, February 9 report. The rating was maintained by Needham on Wednesday, July 29 with “Buy”. The firm has “Buy” rating by Maxim Group given on Thursday, November 9. On Friday, February 9 the stock rating was maintained by Barrington with “Buy”.

More important recent Virtusa Corporation (NASDAQ:VRTU) news were published by: Globenewswire.com which released: “Consolidated Research: 2018 Summary Expectations for Virtusa, AutoZone, Healthcare Services Group, Vmware …” on May 17, 2018, also Profitconfidential.com published article titled: “Virtusa Stock Is Heading to Higher Ground”, Benzinga.com published: “Earnings Scheduled For May 15, 2018” on May 15, 2018. More interesting news about Virtusa Corporation (NASDAQ:VRTU) was released by: Businesswire.com and their article: “Virtusa Announces Fourth Quarter and Fiscal Year 2018 Consolidated Financial Results” with publication date: May 15, 2018.

Since December 12, 2017, it had 0 insider buys, and 18 selling transactions for $8.74 million activity. Shares for $2.03M were sold by Rajgopal Raj on Thursday, March 15. $142,424 worth of Virtusa Corporation (NASDAQ:VRTU) shares were sold by Canekeratne Kris A. Kalia Ranjan had sold 13,865 shares worth $698,453. $171,081 worth of Virtusa Corporation (NASDAQ:VRTU) was sold by Narayanan Sundararajan. Shares for $883,273 were sold by Holler Thomas R. $625,351 worth of Virtusa Corporation (NASDAQ:VRTU) was sold by Modder Roger Keith on Thursday, March 15. $68,186 worth of Virtusa Corporation (NASDAQ:VRTU) was sold by DAVOLI ROBERT E on Tuesday, December 12.

Among 12 analysts covering Office Depot (NASDAQ:ODP), 3 have Buy rating, 3 Sell and 6 Hold. Therefore 25% are positive. Office Depot had 22 analyst reports since September 8, 2015 according to SRatingsIntel. Telsey Advisory Group downgraded Office Depot, Inc. (NASDAQ:ODP) on Wednesday, May 11 to “Market Perform” rating. Telsey Advisory Group maintained the stock with “Outperform” rating in Wednesday, February 24 report. The firm earned “Sell” rating on Wednesday, May 11 by Jefferies. The rating was upgraded by B. Riley & Co to “Buy” on Tuesday, September 8. The firm earned “Sell” rating on Thursday, August 4 by UBS. The firm has “Hold” rating by Jefferies given on Thursday, July 27. Bank of America reinitiated the shares of ODP in report on Friday, December 11 with “Buy” rating. The company was maintained on Wednesday, May 16 by Bank of America. The rating was downgraded by KeyBanc Capital Markets on Tuesday, December 8 to “Sector Weight”. Deutsche Bank maintained the stock with “Hold” rating in Thursday, August 10 report.

Investors sentiment increased to 0.97 in Q4 2017. Its up 0.10, from 0.87 in 2017Q3. It improved, as 32 investors sold ODP shares while 82 reduced holdings. 40 funds opened positions while 71 raised stakes. 486.57 million shares or 5.44% more from 461.44 million shares in 2017Q3 were reported. Rhumbline Advisers holds 985,658 shares or 0.01% of its portfolio. California Employees Retirement invested in 0.01% or 2.47M shares. Massachusetts-based Geode Capital Mngmt Ltd Liability has invested 0.01% in Office Depot, Inc. (NASDAQ:ODP). Commonwealth Of Pennsylvania Pub School Empls Retrmt holds 75,201 shares or 0% of its portfolio. Waldron LP holds 0.18% or 221,800 shares. Fairpointe Capital Limited Co, Illinois-based fund reported 31.12M shares. Eqis has 0% invested in Office Depot, Inc. (NASDAQ:ODP) for 10,930 shares. Jacobs Levy Equity Management stated it has 0% of its portfolio in Office Depot, Inc. (NASDAQ:ODP). Cornerstone Mgmt Ltd Com stated it has 0% in Office Depot, Inc. (NASDAQ:ODP). Kbc Grp Nv holds 0% in Office Depot, Inc. (NASDAQ:ODP) or 55,972 shares. Raymond James Fin Advsrs, Florida-based fund reported 12,290 shares. Nomura Asset Mngmt Comm Limited holds 16,100 shares or 0% of its portfolio. 1.07 million were reported by New York State Teachers Retirement Systems. Northern, a Illinois-based fund reported 12.69 million shares. Bridgeway Capital Management holds 0.06% or 1.55M shares.

Millennium Management Llc decreased Pinnacle Entmt Inc New stake by 847,099 shares to 10,154 valued at $332,000 in 2017Q4. It also reduced Cnooc Ltd (NYSE:CEO) stake by 5,861 shares and now owns 81,376 shares. Oclaro Inc (NASDAQ:OCLR) was reduced too.

Since January 5, 2018, it had 0 insider buys, and 1 sale for $4,637 activity. RABINOVITCH MICHAEL had sold 1,352 shares worth $4,637.

More recent Office Depot, Inc. (NASDAQ:ODP) news were published by: Streetinsider.com which released: “Einhorn’s Greenlight Capital Enters Office Depot (ODP), Abercrombie & Fitch (ANF) (more…) – 13F” on May 15, 2018. Also 247Wallst.com published the news titled: “Is This the Turnaround Office Depot Has Been Seeking?” on May 09, 2018. Investorplace.com‘s news article titled: “It’s Time to Grab Office Depot Inc Stock on the Upswing” with publication date: May 17, 2018 was also an interesting one.

Office Depot, Inc. (NASDAQ:ODP) Institutional Positions Chart

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