As Unisys (UIS) Share Price Rose, Holder Glacier Peak Capital Has Raised Its Stake; As Servicenow (NOW) Stock Rose, Holder Praesidium Investment Management Company Has Cut Its Position by $444,080

April 19, 2018 - By Linda Rogers

ServiceNow, Inc. (NYSE:NOW) Logo

Glacier Peak Capital Llc increased its stake in Unisys Corp (UIS) by 7.94% based on its latest 2017Q4 regulatory filing with the SEC. Glacier Peak Capital Llc bought 54,500 shares as the company’s stock rose 25.90% while stock markets declined. The hedge fund held 740,645 shares of the edp services company at the end of 2017Q4, valued at $6.30 million, up from 686,145 at the end of the previous reported quarter. Glacier Peak Capital Llc who had been investing in Unisys Corp for a number of months, seems to be bullish on the $572.22M market cap company. The stock decreased 0.88% or $0.1 during the last trading session, reaching $11.3. About 245,349 shares traded. Unisys Corporation (NYSE:UIS) has declined 25.89% since April 19, 2017 and is downtrending. It has underperformed by 37.44% the S&P500.

Praesidium Investment Management Company Llc decreased its stake in Servicenow Inc (NOW) by 0.91% based on its latest 2017Q4 regulatory filing with the SEC. Praesidium Investment Management Company Llc sold 3,416 shares as the company’s stock rose 26.03% while stock markets declined. The institutional investor held 373,880 shares of the technology company at the end of 2017Q4, valued at $48.75M, down from 377,296 at the end of the previous reported quarter. Praesidium Investment Management Company Llc who had been investing in Servicenow Inc for a number of months, seems to be less bullish one the $30.02 billion market cap company. The stock decreased 1.40% or $2.44 during the last trading session, reaching $171.86. About 883,054 shares traded. ServiceNow, Inc. (NYSE:NOW) has risen 91.85% since April 19, 2017 and is uptrending. It has outperformed by 80.30% the S&P500.

Analysts await ServiceNow, Inc. (NYSE:NOW) to report earnings on April, 25 after the close. They expect $-0.07 EPS, up 61.11% or $0.11 from last year’s $-0.18 per share. After $-0.23 actual EPS reported by ServiceNow, Inc. for the previous quarter, Wall Street now forecasts -69.57% EPS growth.

Among 40 analysts covering ServiceNow Inc (NYSE:NOW), 33 have Buy rating, 0 Sell and 7 Hold. Therefore 83% are positive. ServiceNow Inc had 120 analyst reports since July 21, 2015 according to SRatingsIntel. KeyBanc Capital Markets maintained the stock with “Buy” rating in Friday, October 6 report. The stock has “Buy” rating by Moffett Nathanson on Wednesday, September 6. The rating was maintained by Credit Suisse on Tuesday, January 16 with “Buy”. The firm has “Buy” rating given on Tuesday, January 16 by Piper Jaffray. Argus Research initiated ServiceNow, Inc. (NYSE:NOW) rating on Thursday, April 14. Argus Research has “Buy” rating and $86 target. The firm has “Buy” rating given on Monday, May 29 by RBC Capital Markets. Piper Jaffray maintained the stock with “Hold” rating in Monday, October 16 report. The rating was maintained by Morgan Stanley on Thursday, July 20 with “Overweight”. The firm earned “Market Outperform” rating on Thursday, October 26 by JMP Securities. Mizuho maintained the stock with “Buy” rating in Thursday, October 27 report.

Investors sentiment decreased to 1.05 in Q4 2017. Its down 0.33, from 1.38 in 2017Q3. It dropped, as 42 investors sold NOW shares while 132 reduced holdings. 67 funds opened positions while 116 raised stakes. 167.59 million shares or 1.79% less from 170.65 million shares in 2017Q3 were reported. Gradient Investments Llc holds 0% of its portfolio in ServiceNow, Inc. (NYSE:NOW) for 6 shares. 10,012 were reported by Toronto Dominion Bankshares. Inverness Counsel Ltd Com Ny invested in 131,140 shares. Efg Asset Mgmt (Americas) holds 5,842 shares. Shell Asset owns 10,300 shares. Brinker has invested 0.02% in ServiceNow, Inc. (NYSE:NOW). Sumitomo Mitsui Inc invested in 0.08% or 478,712 shares. Waldron LP reported 3,241 shares stake. Massachusetts Financial Services Ma owns 307,934 shares. Allen Investment Ltd Company invested in 2.15% or 368,933 shares. State Board Of Administration Of Florida Retirement Systems has 248,691 shares. Nippon Life Global Americas Incorporated owns 12,430 shares for 0.13% of their portfolio. Winfield Associates has 0.02% invested in ServiceNow, Inc. (NYSE:NOW) for 225 shares. 57,819 were accumulated by Fjarde Ap. Associated Banc stated it has 19,932 shares or 0.14% of all its holdings.

Since January 9, 2018, it had 0 buys, and 14 insider sales for $71.93 million activity. Shares for $336,300 were sold by Schneider David on Thursday, February 15. Shares for $246,234 were sold by Sands Anita M on Friday, February 2. Another trade for 19,673 shares valued at $2.80 million was made by BOSTROM SUSAN L on Friday, February 9. LUDDY FREDERIC B sold $5.65 million worth of stock or 32,500 shares. $4.84M worth of ServiceNow, Inc. (NYSE:NOW) was sold by Desai Chirantan Jitendra on Monday, February 26. $2.08 million worth of stock was sold by MILLER JEFFREY A on Tuesday, February 27.

ServiceNow, Inc. (NYSE:NOW) Institutional Positions Chart

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