Today’s Stock Alert: After Today’s Significant Increase, Is Houghton Mifflin Harcourt Co’s Near-Term Analysis Positive?

Today's Stock Alert: After Today's Significant Increase, Is Houghton Mifflin Harcourt Co's Near Term Analysis Positive?

The stock of Houghton Mifflin Harcourt Co (NASDAQ:HMHC) is a huge mover today! About 736,451 shares traded hands. Houghton Mifflin Harcourt Co (NASDAQ:HMHC) has declined 51.23% since April 5, 2016 and is downtrending. It has underperformed by 53.19% the S&P500.
The move comes after 7 months positive chart setup for the $1.26B company. It was reported on Nov, 8 by Barchart.com. We have $14.20 PT which if reached, will make NASDAQ:HMHC worth $529.20M more.

Houghton Mifflin Harcourt Co (NASDAQ:HMHC) Ratings Coverage

Out of 3 analysts covering Houghton Mifflin Harcourt (NASDAQ:HMHC), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. Houghton Mifflin Harcourt has been the topic of 6 analyst reports since August 7, 2015 according to StockzIntelligence Inc. On Friday, August 5 the stock rating was downgraded by BMO Capital Markets to “Market Perform”. Citigroup maintained the stock with “Buy” rating in Wednesday, August 17 report. The stock of Houghton Mifflin Harcourt Co (NASDAQ:HMHC) has “Buy” rating given on Thursday, September 10 by Citigroup. The rating was initiated by Wells Fargo on Monday, October 5 with “Outperform”. Oppenheimer maintained it with “Buy” rating and $33 target price in Friday, August 7 report. The stock of Houghton Mifflin Harcourt Co (NASDAQ:HMHC) has “Strong Sell” rating given on Tuesday, August 11 by Zacks.

According to Zacks Investment Research, “Houghton Mifflin Harcourt Company is a global provider of education solutions, delivering content, technology, services and media to students in over 150 countries worldwide. The Company delivers its offerings to both educational institutions and consumers. It provides kindergarten through twelfth grade, or K-12, educational content in the United States. The Company, through its subsidiary, provides print and electronic textbook curriculum, learning content, and assessment tools and services. Houghton Mifflin Harcourt Company is headquartered in Boston, Massachusetts.”

Insitutional Activity: The institutional sentiment decreased to 0.95 in Q2 2016. Its down 0.15, from 1.1 in 2016Q1. The ratio dropped, as 25 funds sold all Houghton Mifflin Harcourt Co shares owned while 48 reduced positions. 26 funds bought stakes while 43 increased positions. They now own 122.11 million shares or 0.11% less from 122.24 million shares in 2016Q1.
Citadel Advsrs reported 387,817 shares or 0.01% of all its holdings. Vanguard Grp Inc accumulated 8.56 million shares or 0.01% of the stock. Moreover, Proshare Lc has 0% invested in Houghton Mifflin Harcourt Co (NASDAQ:HMHC) for 15,755 shares. Global X Management Co Limited Liability Corporation owns 97,910 shares or 0.08% of their US portfolio. Geode Mngmt accumulated 780,490 shares or 0.01% of the stock. Lasry Marc, a New York-based fund reported 3.16 million shares. Da Davidson & Co owns 2,000 shares or 0% of their US portfolio. Quantbot Tech L P has invested 0.03% of its portfolio in Houghton Mifflin Harcourt Co (NASDAQ:HMHC). Checchi Cap Advisers Lc last reported 15 shares in the company. Ws Management Lllp has 2.52% invested in the company for 4.66 million shares. The Massachusetts-based Fmr Limited Liability Corporation has invested 0.03% in Houghton Mifflin Harcourt Co (NASDAQ:HMHC). Blackrock Gp Limited has 71,844 shares for 0% of their US portfolio. Goldman Sachs Gru Inc last reported 0% of its portfolio in the stock. Marshall Wace Llp, a United Kingdom-based fund reported 1.21 million shares. Principal Financial Gru Inc last reported 0% of its portfolio in the stock.

More notable recent Houghton Mifflin Harcourt Co (NASDAQ:HMHC) news were published by: Fool.com which released: “Why Shares of Houghton Mifflin Harcourt Co. Plunged Today” on November 03, 2016, also Fool.com with their article: “Houghton Mifflin Harcourt Co. Slumps on CEO Resignation” published on September 23, 2016, Prnewswire.com published: “Houghton Mifflin Harcourt Launches First K-12 Curricula Built from the Ground …” on October 12, 2016. More interesting news about Houghton Mifflin Harcourt Co (NASDAQ:HMHC) were released by: Fool.com and their article: “Why Shares of Houghton Mifflin Harcourt Tumbled Today” published on August 04, 2016 as well as Prnewswire.com‘s news article titled: “CliffsNotes® Gets Personal; Houghton Mifflin Harcourt and BenchPrep Partner on …” with publication date: August 09, 2016.

HMHC Company Profile

Houghton Mifflin Harcourt Company (HMH), incorporated on December 23, 2009, is a global learning company, specializing in education solutions across a range of media. The Firm operates through two divisions: Education and Trade Publishing. The Firm delivers content, services and technology to both educational institutions and consumers, reaching over 50 million students in approximately 150 countries across the world. In the United States, the Company is a well-known provider of kindergarten through 12th grade (K-12) educational content. The Company’s trade, general interest, young readers and reference material include adult and children’s fiction and non-fiction books. The Company’s content includes national education programs, such as Collections, GO! Math, READ 180 and Channel One News, as well as characters and titles, such as Curious George, Carmen Sandiego, The Little Prince, The Lord of the Rings, Life of Pi, Webster’s New World Dictionary and Cliffs Notes. It sells its services and products across multiple media and distribution channels.

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