EPS for The Ultimate Software Group, Inc. (ULTI) Expected At $0.12

January 22, 2018 - By Henry Gaston

 EPS for The Ultimate Software Group, Inc. (ULTI) Expected At $0.12
Investors sentiment decreased to 1.05 in Q3 2017. Its down 0.02, from 1.07 in 2017Q2. It turned negative, as 21 investors sold The Ultimate Software Group, Inc. shares while 104 reduced holdings. 52 funds opened positions while 79 raised stakes. 32.11 million shares or 2.37% less from 32.89 million shares in 2017Q2 were reported.
Fmr Ltd Llc holds 3.51 million shares or 0.08% of its portfolio. Kennedy Inc holds 31,009 shares or 0.11% of its portfolio. Riverhead Mgmt Limited Liability Corporation, a Delaware-based fund reported 1,952 shares. Azimuth Cap Management Ltd Liability has invested 0.27% in The Ultimate Software Group, Inc. (NASDAQ:ULTI). Trellus Ltd Com has 0.79% invested in The Ultimate Software Group, Inc. (NASDAQ:ULTI) for 3,026 shares. Benjamin F Edwards stated it has 613 shares or 0.01% of all its holdings. Schwab Charles Invest has invested 0.01% in The Ultimate Software Group, Inc. (NASDAQ:ULTI). New York State Teachers Retirement System has 0.01% invested in The Ultimate Software Group, Inc. (NASDAQ:ULTI) for 29,518 shares. Walleye Trading Limited Liability holds 0% in The Ultimate Software Group, Inc. (NASDAQ:ULTI) or 1,668 shares. 45,823 are owned by California State Teachers Retirement System. Eagle Asset Mgmt accumulated 675,629 shares. Wasatch accumulated 880,357 shares or 2.27% of the stock. 3,479 were accumulated by Profund Limited Liability Co. Wells Fargo Communications Mn has invested 0.07% of its portfolio in The Ultimate Software Group, Inc. (NASDAQ:ULTI). Bell National Bank & Trust owns 2,117 shares or 0.12% of their US portfolio.

Since August 3, 2017, it had 0 buys, and 2 insider sales for $1.93 million activity. FITZPATRICK JAMES A JR sold 4,613 shares worth $924,399.

Analysts expect The Ultimate Software Group, Inc. (NASDAQ:ULTI) to report $0.12 EPS on February, 6.They anticipate $0.31 EPS change or 72.09 % from last quarter’s $0.43 EPS. ULTI’s profit would be $3.58 million giving it 474.98 P/E if the $0.12 EPS is correct. After having $0.17 EPS previously, The Ultimate Software Group, Inc.’s analysts see -29.41 % EPS growth. The stock decreased 0.37% or $0.84 during the last trading session, reaching $227.99. About 204,502 shares traded. The Ultimate Software Group, Inc. (NASDAQ:ULTI) has risen 10.74% since January 22, 2017 and is uptrending. It has underperformed by 5.96% the S&P500.

The Ultimate Software Group, Inc. (NASDAQ:ULTI) Ratings Coverage

Among 26 analysts covering Ultimate Software (NASDAQ:ULTI), 18 have Buy rating, 1 Sell and 7 Hold. Therefore 69% are positive. Ultimate Software had 56 analyst reports since October 22, 2015 according to SRatingsIntel. RBC Capital Markets maintained The Ultimate Software Group, Inc. (NASDAQ:ULTI) rating on Monday, May 29. RBC Capital Markets has “Buy” rating and $23300 target. The firm has “Neutral” rating given on Wednesday, February 3 by Wedbush. The rating was maintained by Wells Fargo on Thursday, November 2 with “Buy”. Piper Jaffray reinitiated The Ultimate Software Group, Inc. (NASDAQ:ULTI) on Wednesday, June 1 with “Overweight” rating. KeyBanc Capital Markets maintained the stock with “Buy” rating in Tuesday, August 15 report. As per Monday, May 23, the company rating was initiated by Goldman Sachs. On Monday, February 8 the stock rating was upgraded by FBR Capital to “Outperform”. The firm has “Hold” rating given on Thursday, October 12 by Mizuho. The firm earned “Buy” rating on Wednesday, January 10 by Guggenheim. Deutsche Bank downgraded The Ultimate Software Group, Inc. (NASDAQ:ULTI) on Wednesday, August 2 to “Hold” rating.

The Ultimate Software Group, Inc. provides cloud human capital management solutions primarily to enterprise companies in the United States and Canada. The company has market cap of $6.81 billion. The companyÂ’s UltiPro software solution delivers the functionality businesses to manage the employee life cycle from recruitment to retirement. It has a 237.99 P/E ratio. The Company’s UltiPro solution includes unified feature sets for talent acquisition and onboarding, human resources management and compliance, benefits management and online enrollment, payroll, performance management, employee engagement surveying, compensation management with salary planning, budgeting, and development of incentive plans, succession management, learning management, reporting and analytical decision-making and predictive tools, and time and attendance; and has role features for HR professionals, executives, managers, administrators, and employees.

More recent The Ultimate Software Group, Inc. (NASDAQ:ULTI) news were published by: Benzinga.com which released: “Mizuho Takes Bullish Stance On Ultimate Software After Company’s ‘Growing Pains'” on January 08, 2018. Also Businesswire.com published the news titled: “Association of Fundraising Professionals Honors Ultimate Software as …” on January 03, 2018. Seekingalpha.com‘s news article titled: “Ultimate Software: Market Share Matters Little When Profits Are Disappearing” with publication date: November 01, 2017 was also an interesting one.

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