MDC Partners Inc (NASDAQ:MDCA) Institutional Investors Sentiment Index Up in Q4 2017

April 17, 2018 - By reb123z

MDC Partners Inc. (NASDAQ:MDCA) Logo

Sentiment for MDC Partners Inc (NASDAQ:MDCA)

MDC Partners Inc (NASDAQ:MDCA) institutional sentiment increased to 1.49 in Q4 2017. Its up 0.20, from 1.29 in 2017Q3. The ratio increased, as 70 investment managers opened new and increased stock positions, while 47 reduced and sold their holdings in MDC Partners Inc. The investment managers in our partner’s database now own: 45.41 million shares, up from 45.38 million shares in 2017Q3. Also, the number of investment managers holding MDC Partners Inc in their top 10 stock positions decreased from 4 to 1 for a decrease of 3. Sold All: 15 Reduced: 32 Increased: 40 New Position: 30.

MDC Partners Inc. provides marketing, advertising, activation, communications, and strategic consulting solutions worldwide. The company has market cap of $469.64 million. It offers a range of customized services, including global advertising and marketing services; media buying, planning, and optimization; interactive and mobile marketing; direct marketing; database and customer relationship management; sales promotion; corporate communications; market research; data analytics and insights; corporate identity, design, and branding services; social media communications; product and service innovation; and e-commerce management. It has a 2.13 P/E ratio. The firm was formerly known as MDC Corporation Inc. and changed its name to MDC Partners Inc. in January 2004.

The stock decreased 3.36% or $0.275 during the last trading session, reaching $7.9. About 70,901 shares traded. MDC Partners Inc. (NASDAQ:MDCA) has declined 24.86% since April 17, 2017 and is downtrending. It has underperformed by 36.41% the S&P500.

Analysts await MDC Partners Inc. (NASDAQ:MDCA) to report earnings on April, 26. They expect $-0.02 earnings per share, up 90.48 % or $0.19 from last year’s $-0.21 per share. After $0.22 actual earnings per share reported by MDC Partners Inc. for the previous quarter, Wall Street now forecasts -109.09 % negative EPS growth.

Act Ii Management Lp holds 4.65% of its portfolio in MDC Partners Inc. for 739,000 shares. Stanley Capital Management Llc owns 800,239 shares or 4% of their US portfolio. Moreover, Taylor Asset Management Inc has 3.32% invested in the company for 970,925 shares. The Connecticut-based Frontfour Capital Group Llc has invested 1.49% in the stock. Goldman Capital Management Inc, a New York-based fund reported 157,550 shares.#img1#

MDC Partners Inc. (NASDAQ:MDCA) Ratings Coverage

Ratings analysis reveals 75% of MDC Partners’s analysts are positive. Out of 4 Wall Street analysts rating MDC Partners, 3 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $12.0 while the high is $15.0. The stock’s average target of $12.33 is 56.08% above today’s ($7.9) share price. MDCA was included in 5 notes of analysts from October 22, 2017. Jefferies maintained the shares of MDCA in report on Sunday, October 22 with “Buy” rating. The stock of MDC Partners Inc. (NASDAQ:MDCA) has “Hold” rating given on Thursday, February 22 by RBC Capital Markets. The firm has “Buy” rating by BMO Capital Markets given on Friday, February 23. The rating was maintained by BMO Capital Markets on Wednesday, November 22 with “Buy”. Wells Fargo upgraded the stock to “Outperform” rating in Thursday, April 12 report.

MDC Partners Inc. (NASDAQ:MDCA) Institutional Positions Chart

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