Manhattan Associates, Inc. (MANH) Reaches $41.86 Formed H&S; Permit Capital Has Trimmed Mgic Invt Wis (MTG) Stake

Permit Capital Llc decreased Mgic Invt Corp Wis (MTG) stake by 12.02% reported in 2017Q3 SEC filing. Permit Capital Llc sold 55,000 shares as Mgic Invt Corp Wis (MTG)’s stock declined 1.12%. The Permit Capital Llc holds 402,500 shares with $5.04 million value, down from 457,500 last quarter. Mgic Invt Corp Wis now has $4.55 billion valuation. The stock increased 0.16% or $0.02 during the last trading session, reaching $12.27. About 622,436 shares traded. MGIC Investment Corporation (NYSE:MTG) has risen 60.12% since March 26, 2017 and is uptrending. It has outperformed by 43.42% the S&P500.

Manhattan Associates, Inc. (MANH) formed H&S with $40.19 target or 4.00% below today’s $41.86 share price. Manhattan Associates, Inc. (MANH) has $2.85 billion valuation. The stock increased 1.04% or $0.43 during the last trading session, reaching $41.86. About 38,781 shares traded. Manhattan Associates, Inc. (NASDAQ:MANH) has declined 22.39% since March 26, 2017 and is downtrending. It has underperformed by 39.09% the S&P500.

Analysts await MGIC Investment Corporation (NYSE:MTG) to report earnings on April, 19. They expect $0.36 EPS, up 16.13% or $0.05 from last year’s $0.31 per share. MTG’s profit will be $133.50M for 8.52 P/E if the $0.36 EPS becomes a reality. After $0.43 actual EPS reported by MGIC Investment Corporation for the previous quarter, Wall Street now forecasts -16.28% negative EPS growth.

Among 13 analysts covering MGIC Investment Corp. (NYSE:MTG), 12 have Buy rating, 0 Sell and 1 Hold. Therefore 92% are positive. MGIC Investment Corp. had 42 analyst reports since August 12, 2015 according to SRatingsIntel. FBR Capital maintained the shares of MTG in report on Thursday, July 20 with “Buy” rating. Deutsche Bank maintained MGIC Investment Corporation (NYSE:MTG) on Friday, July 21 with “Buy” rating. On Tuesday, August 25 the stock rating was maintained by M Partners with “Buy”. BTIG Research maintained MGIC Investment Corporation (NYSE:MTG) rating on Tuesday, July 18. BTIG Research has “Buy” rating and $1200 target. Deutsche Bank downgraded the stock to “Hold” rating in Friday, November 3 report. The rating was upgraded by Compass Point to “Buy” on Thursday, April 13. Compass Point downgraded the stock to “Neutral” rating in Wednesday, April 20 report. The company was maintained on Friday, October 16 by FBR Capital. The company was upgraded on Monday, December 12 by Deutsche Bank. Keefe Bruyette & Woods maintained MGIC Investment Corporation (NYSE:MTG) rating on Thursday, October 19. Keefe Bruyette & Woods has “Buy” rating and $15.5 target.

Investors sentiment increased to 1.32 in Q3 2017. Its up 0.17, from 1.15 in 2017Q2. It is positive, as 20 investors sold MTG shares while 89 reduced holdings. 37 funds opened positions while 88 raised stakes. 333.10 million shares or 3.73% more from 321.13 million shares in 2017Q2 were reported. Natl Bank Of New York Mellon reported 0.05% stake. Cantab Cap Llp stated it has 47,642 shares. Victory accumulated 3.82 million shares or 0.11% of the stock. Bluemar Capital has invested 0.86% in MGIC Investment Corporation (NYSE:MTG). Citigroup invested in 249,335 shares or 0% of the stock. Moreover, Creative Planning has 0% invested in MGIC Investment Corporation (NYSE:MTG). Teewinot Capital Advisers Lc invested in 1.58% or 280,621 shares. Bogle Mgmt LP De reported 100,747 shares or 0.09% of all its holdings. Thrivent Fincl For Lutherans has 0.02% invested in MGIC Investment Corporation (NYSE:MTG) for 479,990 shares. Brandywine Investment Mgmt Ltd Liability Com invested in 1.35M shares or 0.11% of the stock. Zeke Capital Advsr Ltd Llc has invested 0.02% in MGIC Investment Corporation (NYSE:MTG). Utd Serv Automobile Association reported 833,700 shares. Alpha Cubed Invs Llc invested 0.02% in MGIC Investment Corporation (NYSE:MTG). Invesco holds 4.95M shares. Bnp Paribas Arbitrage Sa invested in 1.07 million shares or 0.03% of the stock.

Since March 13, 2018, it had 0 buys, and 2 sales for $415,863 activity. $163,495 worth of stock was sold by HUNTZ JOHN J JR on Tuesday, March 13. Richards Bruce also sold $252,368 worth of Manhattan Associates, Inc. (NASDAQ:MANH) shares.

Among 7 analysts covering Manhattan Assoc (NASDAQ:MANH), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Manhattan Assoc had 14 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, October 21 by Benchmark. The stock has “Buy” rating by Lake Street on Monday, October 19. The rating was downgraded by Raymond James to “Mkt Perform” on Monday, January 9. The rating was maintained by KeyBanc Capital Markets with “Hold” on Wednesday, August 23. The rating was maintained by SunTrust with “Buy” on Wednesday, November 15. The rating was maintained by SunTrust on Wednesday, February 7 with “Buy”. The firm has “Market Perform” rating given on Thursday, April 28 by William Blair. SunTrust upgraded the stock to “Buy” rating in Tuesday, October 3 report. The stock has “Outperform” rating by William Blair on Tuesday, September 29. The rating was maintained by Benchmark on Wednesday, July 22 with “Buy”.

Investors sentiment decreased to 1.06 in Q3 2017. Its down 0.27, from 1.33 in 2017Q2. It turned negative, as 35 investors sold Manhattan Associates, Inc. shares while 67 reduced holdings. 35 funds opened positions while 101 raised stakes. 72.05 million shares or 1.48% less from 73.13 million shares in 2017Q2 were reported. Ghp Investment holds 26,322 shares or 0.17% of its portfolio. Neuberger Berman Gru Ltd Co owns 4.43M shares or 0.23% of their US portfolio. California Public Employees Retirement Systems has 0.01% invested in Manhattan Associates, Inc. (NASDAQ:MANH). Next Fin stated it has 425 shares or 0.01% of all its holdings. 62,852 were reported by Los Angeles Management And Equity Rech. Teacher Retirement Sys Of Texas holds 0% or 5,729 shares in its portfolio. California State Teachers Retirement System reported 111,183 shares or 0.01% of all its holdings. Td Asset Mngmt holds 0% or 43,685 shares in its portfolio. Prudential Public Ltd reported 476,723 shares stake. Engineers Gate Manager Limited Partnership holds 39,373 shares or 0.14% of its portfolio. Ing Groep Nv stated it has 8,442 shares or 0.01% of all its holdings. Aperio Gp Lc reported 18,690 shares stake. Principal Fin Gp invested 0.02% in Manhattan Associates, Inc. (NASDAQ:MANH). American Cap Mngmt owns 1.41M shares for 3.65% of their portfolio. Robeco Institutional Asset Mngmt Bv reported 0% of its portfolio in Manhattan Associates, Inc. (NASDAQ:MANH).

Analysts await Manhattan Associates, Inc. (NASDAQ:MANH) to report earnings on April, 19. They expect $0.26 earnings per share, down 35.00% or $0.14 from last year’s $0.4 per share. MANH’s profit will be $17.67M for 40.25 P/E if the $0.26 EPS becomes a reality. After $0.40 actual earnings per share reported by Manhattan Associates, Inc. for the previous quarter, Wall Street now forecasts -35.00% negative EPS growth.