Coliseum Capital Management LLC Cut Stake in Providence Svc Corp (PRSC) by $18.56 Million

April 16, 2018 - By Maria Brooks

Investors sentiment increased to 1.78 in 2017 Q4. Its up 0.98, from 0.8 in 2017Q3. It increased, as 9 investors sold PRSC shares while 37 reduced holdings. 29 funds opened positions while 53 raised stakes. 12.30 million shares or 2.51% less from 12.62 million shares in 2017Q3 were reported. Ameritas Investment Partners reported 1,065 shares. Invesco Ltd holds 87,050 shares or 0% of its portfolio. State Board Of Administration Of Florida Retirement Systems reported 9,343 shares or 0% of all its holdings. State Bank Of Montreal Can holds 995 shares. Ajo Limited Partnership owns 76,146 shares. Mufg Americas Holding Corporation invested in 0% or 234 shares. State Of Tennessee Treasury Department reported 0% of its portfolio in The Providence Service Corporation (NASDAQ:PRSC). Spark Mgmt Lc accumulated 0.04% or 13,054 shares. Texas Permanent School Fund accumulated 7,555 shares. Los Angeles Cap Equity, California-based fund reported 64,220 shares. Ubs Asset Mgmt Americas holds 0% or 3,575 shares. Millennium Management Ltd Liability reported 51,525 shares or 0% of all its holdings. Pub Sector Pension Inv Board invested 0% in The Providence Service Corporation (NASDAQ:PRSC). Manufacturers Life Insur The reported 8,745 shares. Metropolitan Life Ins accumulated 4,125 shares.

Since December 8, 2017, it had 0 insider buys, and 6 selling transactions for $22.43 million activity. Coliseum Capital Management – LLC sold 314,605 shares worth $17.64M. KERLEY RICHARD A sold $47,284 worth of stock or 667 shares. MEINTS KRISTI sold 10,000 shares worth $685,700.

Christopher Shackelton decreased its stake in Providence Svc Corp (PRSC) by 15.98% based on its latest 2017Q4 regulatory filing with the SEC. Coliseum Capital Management Llc sold 314,605 shares as the company’s stock rose 16.23% while stock markets declined. The hedge fund run by Christopher Shackelton held 1.65M shares of the transportation services company at the end of 2017Q4, valued at $98.13M, down from 1.97 million at the end of the previous reported quarter. Coliseum Capital Management Llc who had been investing in Providence Svc Corp for a number of months, seems to be less bullish one the $966.48 million market cap company. The stock increased 2.94% or $2.14 during the last trading session, reaching $75.11. About 33,469 shares traded. The Providence Service Corporation (NASDAQ:PRSC) has risen 56.58% since April 16, 2017 and is uptrending. It has outperformed by 45.03% the S&P500.

Analysts await The Providence Service Corporation (NASDAQ:PRSC) to report earnings on May, 8. They expect $0.42 earnings per share, up 20.00 % or $0.07 from last year’s $0.35 per share. PRSC’s profit will be $5.40 million for 44.71 P/E if the $0.42 EPS becomes a reality. After $0.66 actual earnings per share reported by The Providence Service Corporation for the previous quarter, Wall Street now forecasts -36.36 % negative EPS growth.

The Providence Service Corporation (NASDAQ:PRSC) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.