Bankrate Inc (NYSE:RATE).
Dimensional Fund Advisors Lp says it decreased its stake in Bankrate Inc by 0.8% in the last quarter. Its position stood at $54,388,000 an increase of $3,866,000 according to the filing.
Here are some institutional investors who have increased or decreased their stake in (RATE). Engineers Gate Manager Lp expanded its holdings by buying 13,279 shares an increase of 35.5% from 06/30/2017 to 09/30/2017. Engineers Gate Manager Lp currently owns 50,675 shares worth $707,000. The value of the position overall is up by 47.0%. California State Teachers Retirement System reduced its position by selling 7,978 shares a decrease of 9.5% as of 09/30/2017. California State Teachers Retirement System controls 75,667 shares with a value of $1,056,000. The total value of its holdings decreased 1.8%.
As of the end of the quarter Alliancebernstein L.P. had bought a total of 23,640 shares growing its stake by 16.0%. The value of the company’s investment in Bankrate Inc went from $1,903,000 to $2,396,000 increasing 25.9% quarter over quarter.
The company is trading unchanged since yesterday’s close of 14.00. The P/E ratio is currently N/A and market capitalization is 1.26B. In the last earnings report the EPS was $-0.25 with 89.70M shares currently outstanding.
Traders are a little more bearish of late as implied by the motion in short interest. The stock realized a rise in short interest from October 13, 2017 to October 31, 2017 of 9.18%. Short shares grew 56,583 over that timeframe. With short interest at 673,211 and short average daily volume at 446,833, the short-interest ratio is 2.0 and the percentage of shorted shares is 0.01% as of October 31.Advertisement