Learn Why Leon Cooperman’s Cooperman Leon G Purchased Altisource Portfolio Solutions S.A. Stake?

February 15, 2018 - By Louis Casey

 Learn Why Leon Cooperman's Cooperman Leon G Purchased Altisource Portfolio Solutions S.A. Stake?

Investors sentiment increased to 1.12 in 2017 Q3. Its up 0.39, from 0.73 in 2017Q2. It improved, as 10 investors sold Altisource Portfolio Solutions S.A. shares while 24 reduced holdings. 15 funds opened positions while 23 raised stakes. 9.44 million shares or 2.98% less from 9.73 million shares in 2017Q2 were reported.

Ahl Prtnrs Llp reported 29,332 shares. Swiss Natl Bank, Switzerland-based fund reported 21,600 shares. Retail Bank Of Montreal Can holds 125,035 shares. Omega Advsrs invested in 1.33M shares. First Tru Advisors L P owns 0% invested in Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) for 9,268 shares. Federated Investors Inc Pa has 53,954 shares for 0% of their portfolio. Quinn Opportunity Prtnrs Lc accumulated 22,385 shares or 0.09% of the stock. Ny State Common Retirement Fund has 12,900 shares. Us Bank De stated it has 223 shares or 0% of all its holdings. The New York-based Alliancebernstein Ltd Partnership has invested 0% in Altisource Portfolio Solutions S.A. (NASDAQ:ASPS). Nationwide Fund Advisors owns 6,777 shares. Royal Commercial Bank Of Canada owns 0% invested in Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) for 1,298 shares. 288,483 were accumulated by Glg Partners Lp. Barclays Pcl holds 0% or 1,561 shares. Dimensional Fund Advsrs Lp holds 333,808 shares or 0% of its portfolio.

Since October 27, 2017, it had 2 insider purchases, and 0 insider sales for $10.92 million activity.

The New Leon Cooperman’s Cooperman Leon G Holding in Altisource Portfolio Solutions S.A.

Cooperman Leon G reported SC 13G/A form with the SEC for Altisource Portfolio Solutions S.A.. Access it here: 000094366318000068. As reported by Leon Cooperman’s Cooperman Leon G, the filler owns 7.15% or 1,279,540 shares of the Finance–company.

Altisource Portfolio Solutions S.A. stake is new for [reportingPerson]. Date of activity: December 31, 2017. This shows Leon Cooperman’s Cooperman Leon G’s positive view for Altisource Portfolio Solutions S.A.. For a hedge fund managing $12.65 billion in assets and having 38+ experts this is interesting position.

The hedge fund is investor in the Finance sector. In the manager’s last 13-F, we saw 25% of Leon Cooperman’s Cooperman Leon G’s portfolio is in the sector.

Altisource Portfolio Solutions S.A. Institutional Sentiment

Filings show 93 investors own Altisource Portfolio Solutions S.A.. The ownership in Q3 2015 is high, at Infinity of the outstanding shares. This is increased by 3704220. 20059536 were owned by these investors. 15 funds opened new Altisource Portfolio Solutions S.A. stakes, 29 increased positions. There were 14 that closed positions and 39 reduced them.

3 investors had the stock in their top 10. Some are: .

Christian Leone Luxor Capital Group Lp is an investor bullish on Altisource Portfolio Solutions S.A., owning 1867392 shares as of Q3 2015 for 1.02% of its portfolio. Michael Hintze Cqs Cayman Lp owns 525833 shares or 1.04% of its portfolio. NY Aym Capital Llc have 7.80% of its portfolio for 81900 shares. Further, Investment Management Of Virginia Llc reported stake worth 2.18% of its portfolio. The NY Boston Provident Lp owns 651763 shares. Altisource Portfolio Solutions S.A. is 13.24% of its portfolio.

Business Profile

Altisource Portfolio Solutions S.A. is a marketplace and transaction solutions provider for the real estate, mortgage and consumer debt industries. The Company’s business processes, vendor and electronic payment management software and behavioral science-based analytics manage outcomes for marketplace participants. It operates through three segments: Mortgage Services, Financial Services and Technology Services. The Mortgage Services segment provides loan servicers, originators, rental property investors and real estate consumers with products, services and technologies. The Financial Services segment provides collection services to debt originators and servicers and customer relationship management services. The Technology Services segment provides software and data analytics solutions that support management of mortgage and real estate activities and marketplace transactions across mortgage and real estate lifecycles and information technology infrastructure management services.

SEC Form 13G.

Leon Cooperman’s Cooperman Leon G website.

The stock increased 3.37% or $0.88 during the last trading session, reaching $27.02. About 78,945 shares traded. Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) has declined 22.66% since February 15, 2017 and is downtrending. It has underperformed by 39.36% the S&P500.

Altisource Portfolio Solutions S.A. operates as a marketplace and transaction solutions well-known provider for the real estate, mortgage, and consumer debt industries in the United States. The company has market cap of $483.79 million. The company's Mortgage Services segment offers services that span the mortgage and real estate lifecycle to loan servicers, originators, rental property investors, and real estate consumers. It has a 243.42 P/E ratio. This segment provides asset management, origination, insurance, property valuation, and default management services.

Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) Ratings Coverage

Among 3 analysts covering Altisource Portfolio Solutions (NASDAQ:ASPS), 0 have Buy rating, 1 Sell and 2 Hold. Therefore 0 are positive. Altisource Portfolio Solutions has $28 highest and $2300 lowest target. $25.50’s average target is -5.63% below currents $27.02 stock price. Altisource Portfolio Solutions had 9 analyst reports since July 24, 2015 according to SRatingsIntel. Compass Point maintained Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) on Friday, July 24 with “Sell” rating. Compass Point downgraded the shares of ASPS in report on Tuesday, November 1 to “Sell” rating. Compass Point upgraded Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) on Wednesday, August 10 to “Buy” rating. The stock of Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) has “Neutral” rating given on Friday, December 11 by Piper Jaffray. The firm has “Hold” rating by Northland Capital given on Thursday, August 10. The company was upgraded on Monday, December 7 by Compass Point. The firm earned “Hold” rating on Friday, October 27 by Northland Capital. As per Monday, May 2, the company rating was downgraded by Piper Jaffray. Compass Point upgraded the stock to “Neutral” rating in Tuesday, July 25 report.

More notable recent Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) news were published by: Seekingalpha.com which released: “Altisource Portfolio Solutions: The Disaster Scenario Unfolding As Forewarned …” on May 04, 2017, also Seekingalpha.com with their article: “Altisource Portfolio Solutions: Ocwen’s History Of Adding Value To NRZ And …” published on May 10, 2017, Seekingalpha.com published: “Altisource Portfolio Solutions’ (ASPS) CEO William Shepro on Q3 2017 Results …” on October 28, 2017. More interesting news about Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) were released by: Seekingalpha.com and their article: “The Big Short (Squeeze?) In Altisource” published on March 27, 2017 as well as Fool.com‘s news article titled: “Why Altisource Portfolio Solutions SA Plunged Today” with publication date: April 20, 2017.

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