Acxiom Corp (NASDAQ:ACXM) “Buy” Rating Reconfirmed Today By Cantor Fitzgerald; The Target is $33.0

January 21, 2018 - By Nellie Frank

 Acxiom Corp (NASDAQ:ACXM)

Investors sentiment increased to 1.55 in Q3 2017. Its up 0.11, from 1.44 in 2017Q2. It increased, as 23 investors sold Acxiom Corporation shares while 43 reduced holdings. 26 funds opened positions while 76 raised stakes. 72.72 million shares or 3.59% more from 70.20 million shares in 2017Q2 were reported.

Royal Commercial Bank Of Canada, a Ontario – Canada-based fund reported 14,144 shares. Ameriprise Financial accumulated 231,992 shares. 693,963 were reported by Geode Ltd Liability Com. State Treasurer State Of Michigan owns 30,000 shares. Hutchin Hill Cap Lp holds 0.01% or 9,000 shares in its portfolio. Employees Retirement Association Of Colorado reported 17,243 shares. Natixis holds 0% of its portfolio in Acxiom Corporation (NASDAQ:ACXM) for 15,326 shares. Glenmede Trust Na holds 98 shares or 0% of its portfolio. Federated Invsts Pa stated it has 0% in Acxiom Corporation (NASDAQ:ACXM). Cramer Rosenthal Mcglynn Ltd Llc accumulated 639,752 shares. Old National Bancshares In holds 20,857 shares. State Bank Of America Corporation De holds 880,893 shares. Bnp Paribas Arbitrage has invested 0% of its portfolio in Acxiom Corporation (NASDAQ:ACXM). Boothbay Fund Limited Liability invested in 36,101 shares. Rgm Cap Limited Liability accumulated 4.55 million shares.

Acxiom Corp (NASDAQ:ACXM) Rating Reaffirmed

Cantor Fitzgerald now has a $33.0 target on the $2.25B market cap company or 16.53 % upside potential. In a note shared with investors on 31 October, Acxiom Corp (NASDAQ:ACXM) shares have had their “Buy” Rating reaffirmed by analysts at Cantor Fitzgerald.

Investors sentiment increased to 1.55 in Q3 2017. Its up 0.11, from 1.44 in 2017Q2. It increased, as 23 investors sold Acxiom Corporation shares while 43 reduced holdings. 26 funds opened positions while 76 raised stakes. 72.72 million shares or 3.59% more from 70.20 million shares in 2017Q2 were reported.

Royal Commercial Bank Of Canada, a Ontario – Canada-based fund reported 14,144 shares. Ameriprise Financial accumulated 231,992 shares. 693,963 were reported by Geode Ltd Liability Com. State Treasurer State Of Michigan owns 30,000 shares. Hutchin Hill Cap Lp holds 0.01% or 9,000 shares in its portfolio. Employees Retirement Association Of Colorado reported 17,243 shares. Natixis holds 0% of its portfolio in Acxiom Corporation (NASDAQ:ACXM) for 15,326 shares. Glenmede Trust Na holds 98 shares or 0% of its portfolio. Federated Invsts Pa stated it has 0% in Acxiom Corporation (NASDAQ:ACXM). Cramer Rosenthal Mcglynn Ltd Llc accumulated 639,752 shares. Old National Bancshares In holds 20,857 shares. State Bank Of America Corporation De holds 880,893 shares. Bnp Paribas Arbitrage has invested 0% of its portfolio in Acxiom Corporation (NASDAQ:ACXM). Boothbay Fund Limited Liability invested in 36,101 shares. Rgm Cap Limited Liability accumulated 4.55 million shares.

Acxiom Corporation (NASDAQ:ACXM) Ratings Coverage

Among 5 analysts covering Acxiom Corporation (NASDAQ:ACXM), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Acxiom Corporation has $36 highest and $20 lowest target. $32.75’s average target is 15.64% above currents $28.32 stock price. Acxiom Corporation had 16 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was initiated by Dougherty & Company with “Buy” on Tuesday, May 24. The stock of Acxiom Corporation (NASDAQ:ACXM) earned “Outperform” rating by BMO Capital Markets on Friday, August 5. The firm has “Equal-Weight” rating given on Friday, November 18 by First Analysis. The rating was maintained by Cantor Fitzgerald on Friday, September 22 with “Buy”. The rating was maintained by Dougherty & Company with “Buy” on Friday, August 5. The rating was maintained by Cantor Fitzgerald on Wednesday, June 14 with “Buy”. The rating was maintained by BMO Capital Markets on Monday, October 16 with “Buy”. The rating was initiated by William Blair with “Outperform” on Wednesday, June 1. The rating was initiated by Cantor Fitzgerald with “Buy” on Thursday, September 15. The rating was maintained by Dougherty & Company with “Buy” on Friday, November 18.

The stock increased 0.96% or $0.27 during the last trading session, reaching $28.32. About 229,157 shares traded. Acxiom Corporation (NASDAQ:ACXM) has risen 34.36% since January 21, 2017 and is uptrending. It has outperformed by 17.66% the S&P500.

Analysts await Acxiom Corporation (NASDAQ:ACXM) to report earnings on January, 30. They expect $0.11 earnings per share, down 31.25 % or $0.05 from last year’s $0.16 per share. ACXM’s profit will be $8.72 million for 64.36 P/E if the $0.11 EPS becomes a reality. After $0.02 actual earnings per share reported by Acxiom Corporation for the previous quarter, Wall Street now forecasts 450.00 % EPS growth.

Acxiom Corporation operates as a technology and enablement services firm in the United States, Europe, the Asia-Pacific, and internationally. The company has market cap of $2.25 billion. The firm operates through three divisions: Connectivity, Audience Solutions, and Marketing Services. It currently has negative earnings. The Connectivity segment provides a foundational identity resolution layer, which enables its clients to identify and reach clients across channels and measure the impact of marketing on sales.

More news for Acxiom Corporation (NASDAQ:ACXM) were recently published by: Businesswire.com, which released: “Acxiom Named to 2018 Best Workplaces in Technology by Great Place to Work” on January 19, 2018. Nasdaq.com‘s article titled: “Here’s Why Investors Should Hold on to Acxiom (ACXM) Stock” and published on December 28, 2017 is yet another important article.

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