Why Ameriprise Financial Inc Reported Nuance Communications, Inc Position?

February 15, 2018 - By Michael Pereira

 Why Ameriprise Financial Inc Reported Nuance Communications, Inc Position?

Investors sentiment increased to 0.95 in 2017 Q3. Its up 0.06, from 0.89 in 2017Q2. It increased, as 49 investors sold Nuance Communications, Inc. shares while 98 reduced holdings. 40 funds opened positions while 100 raised stakes. 201.88 million shares or 0.45% less from 202.79 million shares in 2017Q2 were reported.

Panagora Asset Mngmt holds 30,679 shares. Guggenheim Cap Limited Com accumulated 94,653 shares. Green Square owns 53,362 shares for 0.15% of their portfolio. United Automobile Association holds 0% in Nuance Communications, Inc. (NASDAQ:NUAN) or 17,074 shares. Pictet Asset Mgmt Ltd reported 5.39M shares. Pennsylvania-based Janney Montgomery Scott Limited Liability Company has invested 0.01% in Nuance Communications, Inc. (NASDAQ:NUAN). Cwm Ltd Com stated it has 0.08% of its portfolio in Nuance Communications, Inc. (NASDAQ:NUAN). Jana Ptnrs Lc reported 230,427 shares. 5.13M are held by Fairpointe Limited Liability Company. Aviva Public Ltd Com invested in 0.02% or 181,363 shares. Point72 Asia (Hong Kong) Ltd owns 198 shares. Koch Indus reported 12,761 shares or 0.05% of all its holdings. Wade G W & Inc reported 267,223 shares. Barrow Hanley Mewhinney And Strauss Ltd accumulated 1,415 shares or 0% of the stock. Highbridge Mgmt Ltd Liability has invested 0.17% in Nuance Communications, Inc. (NASDAQ:NUAN).

Since September 1, 2017, it had 0 insider buys, and 3 selling transactions for $280,106 activity. Siegel Kenneth M also sold $74,912 worth of Nuance Communications, Inc. (NASDAQ:NUAN) shares.

The New Ameriprise Financial Inc Holding in Nuance Communications, Inc

Ameriprise Financial Inc reported SC 13G form with the SEC for Nuance Communications, Inc. Access it here: 000119312518045456. As reported by Ameriprise Financial Inc, the filler owns 7.67% or 22,271,319 shares of the Information Technology–company.

Nuance Communications, Inc stake is new for [reportingPerson]. Date of activity: December31, 2017. This shows Ameriprise Financial Inc’s positive view for Nuance Communications, Inc.

Nuance Communications, Inc Institutional Sentiment

Filings show 283 investors own Nuance Communications, Inc. The ownership in Q3 2015 is very high, at Infinity of the outstanding shares. This is increased by 19113125. 217142649 were owned by these investors. 45 funds opened new Nuance Communications, Inc stakes, 99 increased positions. There were 82 that closed positions and 84 reduced them.

2 investors had the stock in their top 10. Some are: Ivory Investment Management Llc, Sirios Capital Management L P, 12Th Street Asset Management Company Llc, Shannon River Fund Management Llc..

Mcrae Capital Management Inc is an investor bullish on Nuance Communications, Inc, owning 325650 shares as of Q3 2015 for 2.72% of its portfolio. Kings Point Capital Management owns 2800 shares or 0.01% of its portfolio. IL Fairpointe Capital Llc have 2.93% of its portfolio for 10498035 shares. Further, First Republic Investment Management Inc reported stake worth 0.01% of its portfolio. The MA Bp Wealth Management Llc owns 18789 shares. Nuance Communications, Inc is 0.01% of its portfolio.

Business Profile

Nuance Communications, Inc. is a provider of voice recognition and natural language understanding solutions. The Company’s segments include Healthcare, Mobile, Enterprise and Imaging. The Healthcare segment provides clinical speech and clinical language understanding solutions. The solutions for the Healthcare segment include transcription solutions, Dragon Medical, and clinical document improvement (CDI) and coding solutions. Its Mobile segment provides a portfolio of specialized virtual assistants and connected services. The Enterprise segment provides automated customer solutions and services. The solutions for the Enterprise segment include On-Premise solutions and services, and On-Demand multichannel cloud. The Imaging segment provides software solutions that help professionals and organizations to gain control of their document and information processes. Imaging segment include multi-function printer (MFP) scan automation solutions and MFP Print automation solutions.

SEC Form 13G.

The stock increased 1.89% or $0.3101 during the last trading session, reaching $16.7301. About 1.23 million shares traded. Nuance Communications, Inc. (NASDAQ:NUAN) has risen 16.56% since February 15, 2017 and is uptrending. It has underperformed by 0.14% the S&P500.

Nuance Communications, Inc. provides voice recognition and natural language understanding solutions worldwide. The company has market cap of $4.91 billion. It operates through four divisions: Healthcare, Mobile, Enterprise, and Imaging. It currently has negative earnings. The Healthcare segment offers transcription solutions, which enable physicians to streamline clinical documentation with medical transcription platform; Dragon Medical, a dictation software that empowers physicians to accurately capture and document patient care in real-time on various devices; clinical document improvement and coding solutions that ensure patient health information; diagnostic solutions that allow radiologists to document, collaborate, and share medical images and reports, and to optimize patient care; and professional and personal productivity solutions to business users and consumers.

Nuance Communications, Inc. (NASDAQ:NUAN) Ratings Coverage

Among 11 analysts covering Nuance Communications (NASDAQ:NUAN), 9 have Buy rating, 0 Sell and 2 Hold. Therefore 82% are positive. Nuance Communications has $30 highest and $17 lowest target. $20.73’s average target is 23.91% above currents $16.7301 stock price. Nuance Communications had 35 analyst reports since August 7, 2015 according to SRatingsIntel. Barclays Capital maintained the shares of NUAN in report on Tuesday, August 9 with “Equal-Weight” rating. The firm earned “Buy” rating on Wednesday, November 29 by Raymond James. The stock has “Buy” rating by Canaccord Genuity on Wednesday, August 9. On Wednesday, May 11 the stock rating was maintained by Canaccord Genuity with “Buy”. Canaccord Genuity maintained the shares of NUAN in report on Friday, August 7 with “Buy” rating. FBR Capital maintained the stock with “Mkt Perform” rating in Friday, August 7 report. UBS maintained Nuance Communications, Inc. (NASDAQ:NUAN) on Tuesday, August 9 with “Neutral” rating. The rating was maintained by Oppenheimer on Friday, February 9 with “Buy”. The stock has “Strong Buy” rating by Raymond James on Wednesday, August 9. Barclays Capital maintained the shares of NUAN in report on Wednesday, August 9 with “Overweight” rating.

More notable recent Nuance Communications, Inc. (NASDAQ:NUAN) news were published by: Globenewswire.com which released: “Nuance Advances Text-to-Speech Technology through Deep Learning” on February 14, 2018, also Nasdaq.com with their article: “Earnings Reaction History: Nuance Communications Inc., 62.5% Follow-Through …” published on February 08, 2018, Globenewswire.com published: “Nuance Loop Shortlisted for Prestigious 2018 GLOMO Award” on February 13, 2018. More interesting news about Nuance Communications, Inc. (NASDAQ:NUAN) were released by: Nasdaq.com and their article: “Nuance Communications, Inc. Q1 Earnings Rise” published on February 08, 2018 as well as Seekingalpha.com‘s news article titled: “Nuance Communications +3.3% as it returns to organic growth” with publication date: February 08, 2018.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter: