Leon Cooperman’s Cooperman Leon G Opened Huge Altisource Portfolio Solutions S.A. Position

February 15, 2018 - By Kurt Siggers

 Leon Cooperman's Cooperman Leon G Opened Huge Altisource Portfolio Solutions S.A. Position

Investors sentiment increased to 1.12 in Q3 2017. Its up 0.39, from 0.73 in 2017Q2. It improved, as 10 investors sold Altisource Portfolio Solutions S.A. shares while 24 reduced holdings. 15 funds opened positions while 23 raised stakes. 9.44 million shares or 2.98% less from 9.73 million shares in 2017Q2 were reported.

D E Shaw & Inc has 72,819 shares for 0% of their portfolio. Fny Managed Accounts holds 3,600 shares or 0.12% of its portfolio. Meeder Asset Management holds 256 shares or 0% of its portfolio. Royal Financial Bank Of Canada invested in 1,298 shares or 0% of the stock. 333,808 are held by Dimensional Fund Advsr Limited Partnership. Wells Fargo & Communication Mn holds 0% or 15,181 shares in its portfolio. Pub Employees Retirement Of Ohio holds 3,094 shares or 0% of its portfolio. Tower Rech Capital Ltd Liability Co (Trc) invested 0% of its portfolio in Altisource Portfolio Solutions S.A. (NASDAQ:ASPS). Smith Asset Mngmt Group L P stated it has 80,010 shares. Bridgeway Cap Mgmt Inc has 27,600 shares. Northern reported 0% stake. Geode Capital Lc owns 103,044 shares. California State Teachers Retirement owns 17,920 shares. Citigroup Inc invested in 45,734 shares. Vanguard Gru has 0% invested in Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) for 899,241 shares.

Since October 27, 2017, it had 2 insider buys, and 0 insider sales for $10.92 million activity.

The New Leon Cooperman’s Cooperman Leon G Holding in Altisource Portfolio Solutions S.A.

Cooperman Leon G reported SC 13G/A form with the SEC for Altisource Portfolio Solutions S.A.. Access it here: 000094366318000068. As reported by Leon Cooperman’s Cooperman Leon G, the filler owns 7.15% or 1,279,540 shares of the Finance–company.

Altisource Portfolio Solutions S.A. stake is new for [reportingPerson]. Date of activity: December 31, 2017. This shows Leon Cooperman’s Cooperman Leon G’s positive view for Altisource Portfolio Solutions S.A.. For a hedge fund managing $12.65 billion in assets and having 38+ experts this is interesting position.

The hedge fund is investor in the Finance sector. In the manager’s last 13-F, we saw 25% of Leon Cooperman’s Cooperman Leon G’s portfolio is in the sector.

Altisource Portfolio Solutions S.A. Institutional Sentiment

Filings show 93 investors own Altisource Portfolio Solutions S.A.. The ownership in Q3 2015 is high, at Infinity of the outstanding shares. This is increased by 3704220. 20059536 were owned by these investors. 15 funds opened new Altisource Portfolio Solutions S.A. stakes, 29 increased positions. There were 14 that closed positions and 39 reduced them.

3 investors had the stock in their top 10. Some are: .

Christian Leone Luxor Capital Group Lp is an investor bullish on Altisource Portfolio Solutions S.A., owning 1867392 shares as of Q3 2015 for 1.02% of its portfolio. Michael Hintze Cqs Cayman Lp owns 525833 shares or 1.04% of its portfolio. NY Aym Capital Llc have 7.80% of its portfolio for 81900 shares. Further, Investment Management Of Virginia Llc reported stake worth 2.18% of its portfolio. The NY Boston Provident Lp owns 651763 shares. Altisource Portfolio Solutions S.A. is 13.24% of its portfolio.

Business Profile

Altisource Portfolio Solutions S.A. is a marketplace and transaction solutions provider for the real estate, mortgage and consumer debt industries. The Company’s business processes, vendor and electronic payment management software and behavioral science-based analytics manage outcomes for marketplace participants. It operates through three segments: Mortgage Services, Financial Services and Technology Services. The Mortgage Services segment provides loan servicers, originators, rental property investors and real estate consumers with products, services and technologies. The Financial Services segment provides collection services to debt originators and servicers and customer relationship management services. The Technology Services segment provides software and data analytics solutions that support management of mortgage and real estate activities and marketplace transactions across mortgage and real estate lifecycles and information technology infrastructure management services.

SEC Form 13G.

Leon Cooperman’s Cooperman Leon G website.

The stock increased 3.37% or $0.88 during the last trading session, reaching $27.02. About 78,945 shares traded. Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) has declined 22.66% since February 15, 2017 and is downtrending. It has underperformed by 39.36% the S&P500.

Altisource Portfolio Solutions S.A. operates as a marketplace and transaction solutions well-known provider for the real estate, mortgage, and consumer debt industries in the United States. The company has market cap of $483.79 million. The company's Mortgage Services segment offers services that span the mortgage and real estate lifecycle to loan servicers, originators, rental property investors, and real estate consumers. It has a 243.42 P/E ratio. This segment provides asset management, origination, insurance, property valuation, and default management services.

Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) Ratings Coverage

Among 3 analysts covering Altisource Portfolio Solutions (NASDAQ:ASPS), 0 have Buy rating, 1 Sell and 2 Hold. Therefore 0 are positive. Altisource Portfolio Solutions has $28 highest and $2300 lowest target. $25.50’s average target is -5.63% below currents $27.02 stock price. Altisource Portfolio Solutions had 9 analyst reports since July 24, 2015 according to SRatingsIntel. The stock has “Sell” rating by Compass Point on Friday, July 24. The stock has “Neutral” rating by Compass Point on Tuesday, July 25. The stock of Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) earned “Buy” rating by Compass Point on Wednesday, August 10. Northland Capital maintained the shares of ASPS in report on Friday, October 27 with “Hold” rating. The firm earned “Neutral” rating on Monday, December 7 by Compass Point. The stock of Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) has “Sell” rating given on Tuesday, November 1 by Compass Point. The stock of Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) has “Underweight” rating given on Monday, May 2 by Piper Jaffray. The rating was reinitiated by Piper Jaffray on Friday, December 11 with “Neutral”. The stock of Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) earned “Hold” rating by Northland Capital on Thursday, August 10.

More notable recent Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) news were published by: Fool.com which released: “Why Altisource Portfolio Solutions SA Plunged Today” on April 20, 2017, also Seekingalpha.com with their article: “Altisource Portfolio Solutions: Ocwen’s History Of Adding Value To NRZ And …” published on May 10, 2017, Seekingalpha.com published: “Altisource Portfolio Solutions: The Disaster Scenario Unfolding As Forewarned …” on May 04, 2017. More interesting news about Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) were released by: Globenewswire.com and their article: “Altisource Portfolio Solutions Schedules a Conference Call to Discuss NRZ …” published on August 28, 2017 as well as Seekingalpha.com‘s news article titled: “Altisource Portfolio Solutions’ (ASPS) CEO William Shepro on Q3 2017 Results …” with publication date: October 28, 2017.

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