Criteo S.A. Ads (NASDAQ:CRTO).
Thornburg Investment Management Inc bought 149,323 shares in the previous quarter increasing its stake in Criteo S.A. Ads (CRTO) by 22.2%. Its investment stood at $34,104,000 an increase of 3.4% as of quarter end.
Here are a few institutional investors who have updated their positions. As of quarter end Oppenheimerfunds, Inc. had bought a total of 414,258 shares growing its stake by 32.8%. The value of the investment in Criteo S.A. Ads increased from $61,901,000 to $69,564,000 increasing 12.4% since the last quarter. Edmond De Rothschild Holding S.a. augmented its investment by buying 3,321 shares an increase of 276.8% from 06/30/2017 to 09/30/2017. Edmond De Rothschild Holding S.a. owns 4,521 shares worth $188,000. The total value of its holdings increased 218.6%.
As of the end of the quarter Raymond James & Associates had disposed of 1,615 shares trimming its position 17.2%. The value of the company’s investment in Criteo S.A. Ads went from $462,000 to $324,000 a change of 29.9% quarter over quarter.
Equity analyst Citigroup lowered the price target on November 2 changing the price objective from $61.00 to $51.00 with a rating of “Buy”.
On November 2, 2017 BMO Capital Markets kept a “Buy” rating on the company. Susquehanna Bancshares lowered the price target on November 2 cutting the projection from $50.00 to $43.00 with a “Neutral” recommendation.
Equity analyst Deutsche Bank AG lowered the price target of the stock on October 31 changing the forecast from $0.00 to $58.00 and issued a “Buy” recommendation.
The company is now down by 0.46% since yesterday’s close of 34.84. The P/E ratio is 29.97 and market capitalization is 2.29B. In the latest earnings report the EPS was $1.16 with 65.99M shares currently outstanding.
Traders are more bullish on the company if you look at the decrease in short interest. The company realized a fall in short interest of -7.70% between September 29, 2017 and October 13, 2017. Short interest fell from 8,434,749 to 7,785,463 over that period. The short-interest ratio increased to 11.0 and the percentage of shorted shares was 0.12% on October 13.