Acacia Research Corporation (ACTG) Analysts See $-0.04 EPS

April 21, 2018 - By Richard Conner

Acacia Research Corporation (NASDAQ:ACTG) LogoInvestors sentiment increased to 1.07 in 2017 Q4. Its up 0.03, from 1.04 in 2017Q3. It increased, as 11 investors sold Acacia Research Corporation shares while 30 reduced holdings. 20 funds opened positions while 24 raised stakes. 31.81 million shares or 4.05% less from 33.15 million shares in 2017Q3 were reported.
Amer Century Companies holds 0% of its portfolio in Acacia Research Corporation (NASDAQ:ACTG) for 194,392 shares. Jacobs Levy Equity Management holds 0.01% in Acacia Research Corporation (NASDAQ:ACTG) or 86,800 shares. Commercial Bank Of America De reported 8,159 shares. 207,691 are owned by Susquehanna Llp. Nj State Employees Deferred Compensation Plan holds 0.04% or 50,000 shares in its portfolio. Moreover, Axa has 0% invested in Acacia Research Corporation (NASDAQ:ACTG) for 299,218 shares. Lpl Financial Lc holds 0% or 30,100 shares in its portfolio. State Board Of Administration Of Florida Retirement Sys invested in 43,944 shares. Geode Mgmt Limited Co invested in 0% or 450,676 shares. Macquarie Group Inc Limited reported 0% of its portfolio in Acacia Research Corporation (NASDAQ:ACTG). 214,528 were accumulated by Aqr Mgmt Ltd Liability Corp. Balyasny Asset Mgmt Limited Liability has invested 0% in Acacia Research Corporation (NASDAQ:ACTG). Barclays Public Ltd, United Kingdom-based fund reported 8,279 shares. Numeric Ltd Liability Company has invested 0% in Acacia Research Corporation (NASDAQ:ACTG). Elkhorn Prtn Partnership accumulated 0.22% or 87,100 shares.

Since February 15, 2018, it had 6 insider purchases, and 0 sales for $242,218 activity.

Analysts expect Acacia Research Corporation (NASDAQ:ACTG) to report $-0.04 EPS on May, 3.They anticipate $0.09 EPS change or 69.23 % from last quarter’s $-0.13 EPS. After having $-0.02 EPS previously, Acacia Research Corporation’s analysts see 100.00 % EPS growth. The stock increased 1.41% or $0.05 during the last trading session, reaching $3.6. About 140,027 shares traded. Acacia Research Corporation (NASDAQ:ACTG) has declined 38.53% since April 21, 2017 and is downtrending. It has underperformed by 50.08% the S&P500.

Acacia Research Corporation (NASDAQ:ACTG) Ratings Coverage

Among 2 analysts covering Acacia Research (NASDAQ:ACTG), 1 have Buy rating, 1 Sell and 0 Hold. Therefore 50% are positive. Acacia Research had 2 analyst reports since October 27, 2017 according to SRatingsIntel. The stock of Acacia Research Corporation (NASDAQ:ACTG) has “Buy” rating given on Friday, October 27 by Northland Capital.

Acacia Research Corporation, through its subsidiaries, invests in, develops, licenses, and enforces patented technologies in the United States. The company has market cap of $182.30 million. It assists patent owners with the prosecution and development of their patent portfolios; the protection of their patented inventions from unauthorized use; the generation of licensing revenue from users of their patented technologies; and enforcement against unauthorized users of their patented technologies through the filing of patent infringement litigation. It has a 8.2 P/E ratio. The firm owns or controls the rights to various patent portfolios, which include the United States' patents and foreign counterparts covering technologies used in various industries.

Acacia Research Corporation (NASDAQ:ACTG) Institutional Positions Chart

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