EPS for Acacia Research Corporation (ACTG) Expected At $-0.04

April 17, 2018 - By Vivian Currie

Acacia Research Corporation (NASDAQ:ACTG) LogoInvestors sentiment increased to 1.07 in 2017 Q4. Its up 0.03, from 1.04 in 2017Q3. It is positive, as 11 investors sold Acacia Research Corporation shares while 30 reduced holdings. 20 funds opened positions while 24 raised stakes. 31.81 million shares or 4.05% less from 33.15 million shares in 2017Q3 were reported.
Numeric Investors accumulated 13,600 shares. Geode Capital Management Limited Liability Company, Massachusetts-based fund reported 450,676 shares. Jpmorgan Chase has 102,286 shares. Elkhorn Prtn Limited Partnership owns 87,100 shares. Amer Century Cos Inc holds 0% or 194,392 shares. Credit Suisse Ag holds 0% or 15,059 shares. Fuller Thaler Asset Management invested in 0.02% or 450,121 shares. Ariel Investments Ltd Co has invested 0.13% of its portfolio in Acacia Research Corporation (NASDAQ:ACTG). Deutsche State Bank Ag reported 116,401 shares stake. Ameritas Inv Prtnrs, a Nebraska-based fund reported 4,242 shares. Aqr Cap Mngmt Limited Liability invested 0% of its portfolio in Acacia Research Corporation (NASDAQ:ACTG). Renaissance Technology Limited Liability Co holds 3.41 million shares. Bancshares Of Montreal Can invested in 0% or 180 shares. Voya Ltd Liability Corporation has 0% invested in Acacia Research Corporation (NASDAQ:ACTG) for 25,362 shares. State Board Of Administration Of Florida Retirement Systems has invested 0% in Acacia Research Corporation (NASDAQ:ACTG).

Since February 15, 2018, it had 6 buys, and 0 sales for $242,218 activity.

Analysts expect Acacia Research Corporation (NASDAQ:ACTG) to report $-0.04 EPS on May, 3.They anticipate $0.09 EPS change or 69.23 % from last quarter’s $-0.13 EPS. After having $-0.02 EPS previously, Acacia Research Corporation’s analysts see 100.00 % EPS growth. The stock increased 4.55% or $0.15 during the last trading session, reaching $3.45. About 2.08 million shares traded or 777.77% up from the average. Acacia Research Corporation (NASDAQ:ACTG) has declined 38.53% since April 18, 2017 and is downtrending. It has underperformed by 50.08% the S&P500.

Acacia Research Corporation (NASDAQ:ACTG) Ratings Coverage

Among 2 analysts covering Acacia Research (NASDAQ:ACTG), 1 have Buy rating, 1 Sell and 0 Hold. Therefore 50% are positive. Acacia Research had 2 analyst reports since October 27, 2017 according to SRatingsIntel. Northland Capital maintained Acacia Research Corporation (NASDAQ:ACTG) rating on Friday, October 27. Northland Capital has “Buy” rating and $6.5 target.

Acacia Research Corporation, through its subsidiaries, invests in, develops, licenses, and enforces patented technologies in the United States. The company has market cap of $174.70 million. It assists patent owners with the prosecution and development of their patent portfolios; the protection of their patented inventions from unauthorized use; the generation of licensing revenue from users of their patented technologies; and enforcement against unauthorized users of their patented technologies through the filing of patent infringement litigation. It has a 7.86 P/E ratio. The firm owns or controls the rights to various patent portfolios, which include the United States' patents and foreign counterparts covering technologies used in various industries.

Acacia Research Corporation (NASDAQ:ACTG) 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.