Analysts See $0.21 EPS for The Ultimate Software Group, Inc. (ULTI)

July 17, 2017 - By Maria Brooks

 Analysts See $0.21 EPS for The Ultimate Software Group, Inc. (ULTI)
Investors sentiment decreased to 0.88 in Q4 2016. Its down 0.14, from 1.02 in 2016Q3. It turned negative, as 32 investors sold The Ultimate Software Group, Inc. shares while 111 reduced holdings. 40 funds opened positions while 86 raised stakes. 29.20 million shares or 3.90% more from 28.10 million shares in 2016Q3 were reported.
Calvert Inv Mngmt Inc has 0.01% invested in The Ultimate Software Group, Inc. (NASDAQ:ULTI) for 1,496 shares. State Treasurer State Of Michigan invested in 0.02% or 11,700 shares. Sei Invests Company has invested 0.05% in The Ultimate Software Group, Inc. (NASDAQ:ULTI). Moreover, Bell Financial Bank has 0.15% invested in The Ultimate Software Group, Inc. (NASDAQ:ULTI). Brown Advisory Inc stated it has 0.16% of its portfolio in The Ultimate Software Group, Inc. (NASDAQ:ULTI). Federated Investors Incorporated Pa holds 15,636 shares or 0.01% of its portfolio. Loomis Sayles Limited Partnership holds 0.09% of its portfolio in The Ultimate Software Group, Inc. (NASDAQ:ULTI) for 190,005 shares. Utah Retirement System accumulated 5,000 shares. Japan-based Nomura Asset Limited has invested 0.01% in The Ultimate Software Group, Inc. (NASDAQ:ULTI). Balyasny Asset Management Limited Liability Corp invested in 0.01% or 6,147 shares. 1St Glob Advsr Incorporated stated it has 4,011 shares or 0.09% of all its holdings. State Street has invested 0.01% of its portfolio in The Ultimate Software Group, Inc. (NASDAQ:ULTI). Bluecrest Cap Management Limited accumulated 11,462 shares or 0.11% of the stock. Jpmorgan Chase Comm holds 53,511 shares or 0% of its portfolio. Fmr Ltd holds 3.31M shares or 0.08% of its portfolio.

Since February 8, 2017, it had 0 insider buys, and 11 insider sales for $29.29 million activity. YANOVER ROBERT had sold 200 shares worth $38,889. SCHERR MARC D had sold 30,889 shares worth $6.00 million on Wednesday, February 8. Leiter Alois T also sold $345,520 worth of The Ultimate Software Group, Inc. (NASDAQ:ULTI) shares. The insider Swick Gregory sold $561,817. $6.01M worth of stock was sold by SCHERR SCOTT on Wednesday, February 8. 4,632 The Ultimate Software Group, Inc. (NASDAQ:ULTI) shares with value of $893,967 were sold by FITZPATRICK JAMES A JR. Shares for $264,003 were sold by PUTTEN LEROY VANDER on Friday, February 17.

Wall Street await The Ultimate Software Group, Inc. (NASDAQ:ULTI) to release earnings on July, 25. Analysts forecast EPS of $0.21, up exactly $0.14 or 200.00 % from 2014’s $0.07 EPS. The expected ULTI’s profit could reach $6.29M giving the stock 256.56 P/E in the case that $0.21 earnings per share is reported. After posting $0.27 EPS for the previous quarter, The Ultimate Software Group, Inc.’s analysts now forecast -22.22 % negative EPS growth. The stock increased 0.05% or $0.1 during the last trading session, reaching $215.51. About 141,768 shares traded. The Ultimate Software Group, Inc. (NASDAQ:ULTI) has risen 10.74% since July 17, 2016 and is uptrending. It has underperformed by 5.96% the S&P500.

The Ultimate Software Group, Inc. (NASDAQ:ULTI) Ratings Coverage

Among 18 analysts covering Ultimate Software (NASDAQ:ULTI), 15 have Buy rating, 0 Sell and 3 Hold. Therefore 83% are positive. Ultimate Software had 26 analyst reports since October 22, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Monday, June 26 by SunTrust. The company was maintained on Wednesday, October 28 by FBR Capital. KeyBanc Capital Markets maintained The Ultimate Software Group, Inc. (NASDAQ:ULTI) on Sunday, June 25 with “Buy” rating. Pacific Crest initiated The Ultimate Software Group, Inc. (NASDAQ:ULTI) on Tuesday, September 20 with “Overweight” rating. The stock of The Ultimate Software Group, Inc. (NASDAQ:ULTI) earned “Neutral” rating by Wedbush on Wednesday, February 3. The stock of The Ultimate Software Group, Inc. (NASDAQ:ULTI) earned “Neutral” rating by Goldman Sachs on Monday, May 23. The stock of The Ultimate Software Group, Inc. (NASDAQ:ULTI) earned “Buy” rating by Needham on Wednesday, October 28. The stock of The Ultimate Software Group, Inc. (NASDAQ:ULTI) earned “Outperform” rating by RBC Capital Markets on Thursday, October 22. The stock of The Ultimate Software Group, Inc. (NASDAQ:ULTI) has “Neutral” rating given on Thursday, April 28 by Wedbush. The stock of The Ultimate Software Group, Inc. (NASDAQ:ULTI) earned “Buy” rating by UBS on Tuesday, April 19.

The Ultimate Software Group, Inc. is a cloud well-known provider of people management solutions, referred to as human capital management (HCM). The company has market cap of $6.45 billion. The Company’s UltiPro product suite (UltiPro) is an engaging solution that has human resources (HR), payroll and benefits management. It has a 212.83 P/E ratio. As of December 31, 2016, UltiPro included global people management, available in 14 languages with more than 35 country-specific localizations.

More notable recent The Ultimate Software Group, Inc. (NASDAQ:ULTI) news were published by: Seekingalpha.com which released: “Newly Revealed Contracts From FOIA Requests Calls Into Question Ultimate …” on December 13, 2016, also Seekingalpha.com with their article: “Ultimate Software Group (ULTI) CEO Scott Scherr on Q1 2017 Results – Earnings …” published on April 26, 2017, Businesswire.com published: “Ultimate Software Named to Forbes’ List of 25 Fastest-Growing Public Companies …” on July 10, 2017. More interesting news about The Ultimate Software Group, Inc. (NASDAQ:ULTI) were released by: Nasdaq.com and their article: “Ultimate Software (ULTI) Down to Strong Sell on Tepid View” published on June 20, 2017 as well as Benzinga.com‘s news article titled: “Ultimate Software CEO Could Step Down ‘In Near Future'” with publication date: February 07, 2017.

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.