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

February 15, 2018 - By Darrin Black

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

Investors sentiment increased to 1.12 in Q3 2017. Its up 0.39, from 0.73 in 2017Q2. It is positive, 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.

State Street Corp reported 247,362 shares. The Pennsylvania-based Vanguard has invested 0% in Altisource Portfolio Solutions S.A. (NASDAQ:ASPS). 7,534 were reported by Grp Inc. Neuberger Berman Grp Ltd Liability Company holds 0% or 17,750 shares in its portfolio. Schwab Charles Investment Management invested in 0% or 141,675 shares. 288,483 were reported by Glg Prns Limited Partnership. California Public Employees Retirement System reported 0% of its portfolio in Altisource Portfolio Solutions S.A. (NASDAQ:ASPS). Cambridge Investment Rech invested in 0.01% or 23,866 shares. Federated Investors Pa invested in 0% or 53,954 shares. Citigroup Incorporated stated it has 0% in Altisource Portfolio Solutions S.A. (NASDAQ:ASPS). Manufacturers Life Insur The has invested 0% in Altisource Portfolio Solutions S.A. (NASDAQ:ASPS). Art Advsrs Ltd holds 27,131 shares. 60,000 are owned by Cqs Cayman Ltd Partnership. Public Employees Retirement Of Ohio reported 3,094 shares. Gru One Trading Limited Partnership has invested 0.01% in Altisource Portfolio Solutions S.A. (NASDAQ:ASPS).

Since October 27, 2017, it had 2 buys, and 0 selling transactions 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 of Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) earned “Neutral” rating by Compass Point on Monday, December 7. Piper Jaffray reinitiated Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) on Friday, December 11 with “Neutral” rating. The rating was maintained by Northland Capital with “Hold” on Thursday, August 10. Compass Point downgraded the stock to “Sell” rating in Tuesday, November 1 report. The firm has “Sell” rating given on Friday, July 24 by Compass Point. Northland Capital maintained Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) on Friday, October 27 with “Hold” rating. The stock of Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) has “Neutral” rating given on Tuesday, July 25 by Compass Point. The rating was upgraded by Compass Point to “Buy” on Wednesday, August 10. The company was downgraded on Monday, May 2 by Piper Jaffray.

More notable recent Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) news were published by: Seekingalpha.com which released: “Altisource Portfolio Solutions: The Final Chapter, Contracts With Ocwen …” on May 08, 2017, also Fool.com with their article: “Why Altisource Portfolio Solutions SA Plunged Today” published on April 20, 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: Seekingalpha.com and their article: “Altisource Portfolio Solutions: Ocwen’s History Of Adding Value To NRZ And …” published on May 10, 2017 as well as Globenewswire.com‘s news article titled: “Altisource Portfolio Solutions Schedules a Conference Call to Discuss NRZ …” with publication date: August 28, 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.