Do Institutional Investors Love Veritiv Corp (NYSE:VRTV)?

July 17, 2017 - By Henry Gaston

 Do Institutional Investors Love Veritiv Corp (NYSE:VRTV)?

Sentiment for Veritiv Corp (NYSE:VRTV)

Veritiv Corp (NYSE:VRTV) institutional sentiment increased to 1.73 in Q4 2016. Its up 0.28, from 1.45 in 2016Q3. The ratio increased, as 88 active investment managers increased and started new holdings, while 51 sold and trimmed holdings in Veritiv Corp. The active investment managers in our partner’s database now hold: 14.59 million shares, down from 15.13 million shares in 2016Q3. Also, the number of active investment managers holding Veritiv Corp in their top 10 holdings was flat from 1 to 1 for the same number . Sold All: 17 Reduced: 34 Increased: 63 New Position: 25.

Veritiv Corporation is a business-to-business distributor of print, publishing, packaging and facility solutions. The company has market cap of $660.57 million. The Firm also provides logistics and supply chain management solutions to its customers. It has a 44.33 P/E ratio. The Company’s divisions are Print, Publishing & Print Management , Packaging, Facility Solutions, and Corporate & Other.

About 39,641 shares traded. Veritiv Corp (NYSE:VRTV) has risen 28.48% since July 17, 2016 and is uptrending. It has outperformed by 11.78% the S&P500.

Investors wait Veritiv Corp (NYSE:VRTV) to report on August, 8. its quarterly earnings Wall Street analysts expect $0.84 EPS, up $0.35 or 71.43 % from last year’s $0.49 same quarter earnings. This translates into $13.13 million profit for VRTV giving the stock a 12.57 P/E. This is assuming the current $0.84 EPS is accurate. Veritiv Corp’s Wall Street analysts see 121.05 % EPS growth, taking into account the $0.38 EPS reproted in the previous quarter,

Bain Capital Investors Llc holds 6.33% of its portfolio in Veritiv Corp for 6.08 million shares. Kestrel Investment Management Corp owns 125,450 shares or 2.51% of their US portfolio. Moreover, Baupost Group Llc Ma has 2.13% invested in the company for 3.04 million shares. The New York-based Weber Alan W has invested 0.62% in the stock. Zebra Capital Management Llc, a Connecticut-based fund reported 23,962 shares.#img1#

Since January 1, 0001, it had 4 insider buys, and 1 insider sale for $96.74 million activity.

Veritiv Corp (NYSE:VRTV) Ratings Coverage

Ratings analysis reveals 50% of Veritiv Corp’s analysts are positive. Out of 4 Wall Street analysts rating Veritiv Corp, 2 give it “Buy”, 1 “Sell” rating, while 1 recommend “Hold”. The lowest target is $32 while the high is $45. The stock’s average target of $32 is -24.26% below today’s ($42.25) share price. VRTV was included in 6 notes of analysts from November 18, 2015. The firm has “Market Perform” rating given on Wednesday, March 15 by Wells Fargo. The rating was downgraded by Vertical Research on Tuesday, November 8 to “Hold”. The stock of Veritiv Corp (NYSE:VRTV) has “Buy” rating given on Wednesday, January 11 by Bank of America. The stock of Veritiv Corp (NYSE:VRTV) earned “Underweight” rating by Barclays Capital on Friday, January 8. The firm has “Outperform” rating by Wells Fargo given on Thursday, May 18.

More recent Veritiv Corp (NYSE:VRTV) news were published by: Fool.com which released: “Why Pandora Media, athenahealth, and Veritiv Corporation Jumped Today” on May 18, 2017. Also Fool.com published the news titled: “Why Veritiv Corp. Stock Plunged Today” on March 17, 2017. Prnewswire.com‘s news article titled: “Liza Landsman Named to Veritiv Board of Directors” with publication date: March 13, 2017 was also an interesting one.

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