Old Mutual Global Investors Uk LTD Increased Manhattan Assocs (MANH) Holding By $1.79 Million, Escalade (ESCA) Has 1.71 Sentiment

June 20, 2017 - By Adrian Mccoy

Escalade, Incorporated is a maker and distributor of sporting goods through its subsidiary Escalade Sports. The company has market cap of $187.25 million. The Firm operates in Sporting Goods (Escalade Sports) segment. It has a 16.54 P/E ratio. Escalade Sports makes, imports and distributes sporting goods brands in basketball goals, archery, indoor and outdoor game recreation and fitness products through sporting goods retailers, specialty dealers, key online retailers, traditional department stores and mass merchants.

Old Mutual Global Investors Uk Ltd increased Manhattan Assocs Inc (MANH) stake by 15.84% reported in 2016Q4 SEC filing. Old Mutual Global Investors Uk Ltd acquired 33,731 shares as Manhattan Assocs Inc (MANH)’s stock declined 5.87%. The Old Mutual Global Investors Uk Ltd holds 246,656 shares with $13.08M value, up from 212,925 last quarter. Manhattan Assocs Inc now has $3.29 billion valuation. The stock declined 0.44% or $0.21 reaching $47.14 on the news. About 41,977 shares traded. Manhattan Associates, Inc. (NASDAQ:MANH) has declined 22.39% since June 20, 2016 and is downtrending. It has underperformed by 39.09% the S&P500.

Analysts await Escalade, Inc. (NASDAQ:ESCA) to report earnings on August, 3. They expect $0.23 earnings per share, up 53.33% or $0.08 from last year’s $0.15 per share. ESCA’s profit will be $3.34M for 14.02 P/E if the $0.23 EPS becomes a reality. After $0.10 actual earnings per share reported by Escalade, Inc. for the previous quarter, Wall Street now forecasts 130.00% EPS growth.

It is down 14.05% since June 20, 2016 and is uptrending. It has underperformed by 2.65% the S&P500.

Minerva Advisors Llc holds 3.17% of its portfolio in Escalade, Inc. for 424,798 shares. North Star Investment Management Corp. owns 351,617 shares or 0.7% of their US portfolio. Moreover, Grandeur Peak Global Advisors Llc has 0.61% invested in the company for 253,069 shares. The California-based Beddow Capital Management Inc has invested 0.58% in the stock. Parthenon Llc, a Kentucky-based fund reported 174,804 shares.

Among 5 analysts covering Manhattan Assoc (NASDAQ:MANH), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Manhattan Assoc had 9 analyst reports since July 22, 2015 according to SRatingsIntel. William Blair downgraded the shares of MANH in report on Thursday, April 28 to “Market Perform” rating. On Wednesday, February 1 the stock rating was maintained by Benchmark with “Buy”. The firm has “Mkt Perform” rating given on Monday, January 9 by Raymond James. As per Wednesday, October 21, the company rating was maintained by Benchmark. The stock of Manhattan Associates, Inc. (NASDAQ:MANH) earned “Buy” rating by Brean Capital on Tuesday, January 12. As per Monday, October 19, the company rating was initiated by Lake Street. As per Wednesday, July 22, the company rating was maintained by Benchmark. The stock has “Outperform” rating by William Blair on Tuesday, September 29.

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