Houghton Mifflin Harcourt Co (NASDAQ:HMHC) Q2 2018 Sentiment Change

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Sentiment for Houghton Mifflin Harcourt Co (NASDAQ:HMHC)

Houghton Mifflin Harcourt Co (NASDAQ:HMHC) institutional sentiment increased to 1.34 in Q2 2018. Its up 0.30, from 1.04 in 2018Q1. The ratio has improved, as 67 investment managers increased or started new stock positions, while 50 cut down and sold their equity positions in Houghton Mifflin Harcourt Co. The investment managers in our partner’s database reported: 115.30 million shares, down from 117.36 million shares in 2018Q1. Also, the number of investment managers holding Houghton Mifflin Harcourt Co in their top 10 stock positions was flat from 1 to 1 for the same number . Sold All: 15 Reduced: 35 Increased: 43 New Position: 24.

Houghton Mifflin Harcourt Company provides content, services, and technology solutions for educational institutions and consumers. The company has market cap of $1.19 billion. It primarily delivers kindergarten through 12th grade education content. It currently has negative earnings. The firm operates in two divisions, Education and Trade Publishing.

The stock increased 0.84% or $0.08 during the last trading session, reaching $9.61. About 1.01M shares traded or 31.21% up from the average. Houghton Mifflin Harcourt Company (NASDAQ:HMHC) has declined 46.82% since December 7, 2017 and is downtrending. It has underperformed by 62.44% the S&P500.

Analysts await Houghton Mifflin Harcourt Company (NASDAQ:HMHC) to report earnings on February, 28. They expect $-0.67 earnings per share, up 4.29 % or $0.03 from last year’s $-0.7 per share. After $0.68 actual earnings per share reported by Houghton Mifflin Harcourt Company for the previous quarter, Wall Street now forecasts -198.53 % negative EPS growth.

Lapides Asset Management Llc holds 3.18% of its portfolio in Houghton Mifflin Harcourt Company for 1.96 million shares. Anchorage Capital Group L.L.C. owns 20.09 million shares or 2.94% of their US portfolio. Moreover, Ws Management Lllp has 1.53% invested in the company for 7.09 million shares. The New York-based Garnet Equity Capital Holdings Inc. has invested 0.99% in the stock. Adirondack Research & Management Inc., a New York-based fund reported 309,838 shares.

Since January 1, 0001, it had 1 buy, and 0 insider sales for $101,696 activity.

Houghton Mifflin Harcourt Company (NASDAQ:HMHC) Ratings Coverage

Ratings analysis reveals 50% of Houghton Mifflin Harcourt’s analysts are positive. Out of 4 Wall Street analysts rating Houghton Mifflin Harcourt, 2 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $7 while the high is $13. The stock’s average target of $8.88 is -7.60% below today’s ($9.61) share price. HMHC was included in 4 notes of analysts from June 27, 2018. The firm has “Hold” rating by Stifel Nicolaus given on Friday, August 3. The company was maintained on Wednesday, June 27 by Wells Fargo. The stock of Houghton Mifflin Harcourt Company (NASDAQ:HMHC) earned “Equal-Weight” rating by Morgan Stanley on Friday, August 3. BMO Capital Markets upgraded the stock to “Outperform” rating in Tuesday, October 9 report.

More notable recent Houghton Mifflin Harcourt Company (NASDAQ:HMHC) news were published by: Seekingalpha.com which released: “Houghton Mifflin: Riverside Divestiture And Reaffirmed Guidance Strengthen The Thesis – Seeking Alpha” on October 08, 2018, also Nasdaq.com with their article: “Why Houghton Mifflin Harcourt Company Stock Just Popped 14% Today – Nasdaq” published on September 13, 2018, Fool.com published: “Why Shares of Houghton Mifflin Harcourt Surged Today – Motley Fool” on May 04, 2017. More interesting news about Houghton Mifflin Harcourt Company (NASDAQ:HMHC) were released by: Streetinsider.com and their article: “Houghton Mifflin Harcourt (HMHC) Offers Revised FY18 Outlook to Reflect Completed Sale of Riverside Testing Portfolio – StreetInsider.com” published on October 05, 2018 as well as Seekingalpha.com‘s news article titled: “IPO Preview: Houghton Mifflin Harcourt – Seeking Alpha” with publication date: November 14, 2013.

Houghton Mifflin Harcourt Company (NASDAQ:HMHC) Institutional Positions Chart

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