Credit Accep Corp Mich (Put) (CACC) Stock Price Rose While Frigate Ventures LP Raised by $32.59 Million Its Position

March 14, 2018 - By Kurt Siggers

Investors sentiment decreased to 1.03 in Q3 2017. Its down 0.27, from 1.3 in 2017Q2. It fall, as 24 investors sold CACC shares while 49 reduced holdings. 29 funds opened positions while 46 raised stakes. 13.13 million shares or 4.29% less from 13.72 million shares in 2017Q2 were reported. Ahl Prtnrs Llp holds 0.03% in Credit Acceptance Corporation (NASDAQ:CACC) or 5,171 shares. Millennium Ltd reported 148,417 shares. Rafferty Asset Limited holds 0.01% or 1,866 shares. Mariner Wealth Advsr Limited Liability Com, Kansas-based fund reported 2,547 shares. 782 were accumulated by Great West Life Assurance Can. Manufacturers Life Ins The invested in 619 shares or 0% of the stock. Maverick owns 11,540 shares. Swiss Commercial Bank invested in 0% or 11,777 shares. Amalgamated National Bank & Trust holds 0.02% or 2,108 shares in its portfolio. Blair William & Il stated it has 11,567 shares or 0.02% of all its holdings. Gabelli Funds Limited Com holds 0% or 1,250 shares in its portfolio. Panagora Asset Mgmt invested in 0% or 1,055 shares. Dimensional Fund Lp reported 191,207 shares. Fmr Lc reported 0% in Credit Acceptance Corporation (NASDAQ:CACC). Victory Management owns 0.03% invested in Credit Acceptance Corporation (NASDAQ:CACC) for 49,333 shares.

Since February 5, 2018, it had 0 buys, and 2 selling transactions for $988,860 activity. $669,000 worth of Credit Acceptance Corporation (NASDAQ:CACC) was sold by Booth Kenneth on Tuesday, March 6.

Frigate Ventures Lp increased its stake in Credit Accep Corp Mich (Put) (CACC) by 332.57% based on its latest 2017Q3 regulatory filing with the SEC. Frigate Ventures Lp bought 116,400 shares as the company’s stock rose 15.18% with the market. The institutional investor held 151,400 shares of the consumer services company at the end of 2017Q3, valued at $42.42M, up from 35,000 at the end of the previous reported quarter. Frigate Ventures Lp who had been investing in Credit Accep Corp Mich (Put) for a number of months, seems to be bullish on the $6.46B market cap company. The stock decreased 0.64% or $2.14 during the last trading session, reaching $332.84. About 68,610 shares traded. Credit Acceptance Corporation (NASDAQ:CACC) has risen 27.46% since March 14, 2017 and is uptrending. It has outperformed by 10.76% the S&P500.

Frigate Ventures Lp, which manages about $326.98 million and $664.47 million US Long portfolio, decreased its stake in Ellis Perry Intl Inc (NASDAQ:PERY) by 132,318 shares to 104,372 shares, valued at $2.47 million in 2017Q3, according to the filing.

More important recent Credit Acceptance Corporation (NASDAQ:CACC) news were published by: which released: “Giverny Capital Inc. Buys Credit Acceptance Corp, Edwards Lifesciences Corp …” on February 13, 2018, also published article titled: “Credit Acceptance Is Still A Strong Buy”, published: “Credit Acceptance Corp.: Finding A Niche And Owning It” on July 13, 2017. More interesting news about Credit Acceptance Corporation (NASDAQ:CACC) was released by: and their article: “Ascension Parish Civil Court Cases for Feb. 26-March 2, 2018” with publication date: March 14, 2018.

Credit Acceptance Corporation (NASDAQ:CACC) Ratings Coverage

Among 12 analysts covering Credit Acceptance Corp (NASDAQ:CACC), 1 have Buy rating, 6 Sell and 5 Hold. Therefore 8% are positive. Credit Acceptance Corp had 29 analyst reports since July 31, 2015 according to SRatingsIntel. Stephens maintained it with “Sell” rating and $257.0 target in Tuesday, January 2 report. The stock has “Hold” rating by Jefferies on Wednesday, January 10. The firm earned “Underperform” rating on Tuesday, October 31 by Bank of America. The firm earned “Hold” rating on Friday, October 6 by BMO Capital Markets. Credit Suisse maintained Credit Acceptance Corporation (NASDAQ:CACC) rating on Tuesday, August 1. Credit Suisse has “Sell” rating and $20000 target. BMO Capital Markets maintained the stock with “Market Perform” rating in Tuesday, August 1 report. The stock of Credit Acceptance Corporation (NASDAQ:CACC) has “Buy” rating given on Tuesday, August 4 by Zacks. The stock of Credit Acceptance Corporation (NASDAQ:CACC) earned “Market Perform” rating by BMO Capital Markets on Tuesday, October 31. The firm earned “Underperform” rating on Tuesday, October 31 by Credit Suisse. The firm earned “Neutral” rating on Tuesday, November 10 by Compass Point.

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