Aci Worldwide Inc (NASDAQ:ACIW).
Brown Capital Management LLC says it sold 2,009,213 shares last quarter decreasing its holdings in Aci Worldwide Inc by 15.3%. Its investment stood at $253,745,000 a decrease of 13.7% as of the end of the quarter.
The following firms have recently changed their position in ACIW. As of quarter end Schwab Charles Investment Management Inc had acquired a total of 52,138 shares growing its stake by 8.5%. The value of the investment in (ACIW) went from $13,691,000 to $15,130,000 a change of $1,439,000 quarter to quarter. King Luther Capital Management Corp divested its ownership by selling 11,940 shares a decrease of 1.4% from 06/30/2017 to 09/30/2017. King Luther Capital Management Corp currently owns 852,575 shares with a value of $19,422,000. The value of the position overall is up by 0.4%.
Timessquare Capital Management, LLC expanded its stake by buying 966,935 shares an increase of 58.6% as of 09/30/2017. Timessquare Capital Management, LLC now controls 2,618,035 shares worth $59,639,000. The total value of its holdings increased 61.5%.
DA Davidson updated coverage of ACIW with an initial rating of “Buy”.
In the market the company is trading up since yesterday’s close of 22.47. Aci Worldwide Inc’s P/E ratio is 70.60 and the market cap is 2.70B. As of the latest earnings report the EPS was $0.32 with 118.58M shares presently outstanding.
Investors are more bullish on shares of Aci Worldwide Inc lately as indicated by the fall in short interest. The firm saw a fall in short interest between September 29, 2017 and October 13, 2017 of -1.84%. Short shares decreased 127,090 over that period. The short-interest ratio increased to 18.0 and the percentage of shorted shares is 0.06% as of October 13.