Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) has been assigned an average broker rating score of 4.33 (Sell) from the three analysts that provide coverage for the company, Zacks Investment Research reports. Two equities research analysts have rated the stock with a strong sell recommendation and one has given a hold recommendation to the company. Altisource Portfolio Solutions’ rating score has declined by 18% in the last three months as a result of various analysts’ ratings changes.

Brokerages have set a one year consensus price target of $21.33 for the company and are anticipating that the company will post $0.69 earnings per share for the current quarter, according to Zacks. Zacks has also given Altisource Portfolio Solutions an industry rank of 171 out of 265 based on the ratings given to its competitors.

Several equities analysts recently issued reports on the stock. TheStreet cut shares of Altisource Portfolio Solutions from a “c” rating to a “d+” rating in a research note on Monday, May 15th. Northland Securities cut shares of Altisource Portfolio Solutions from an “outperform” rating to a “market perform” rating in a research note on Tuesday, May 2nd. Finally, Zacks Investment Research upgraded shares of Altisource Portfolio Solutions from a “strong sell” rating to a “hold” rating in a research note on Wednesday, April 19th.

In other news, major shareholder Deer Park Road Management Comp bought 55,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 10th. The stock was purchased at an average cost of $18.92 per share, for a total transaction of $1,040,600.00. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 6.03% of the company’s stock.

Several institutional investors have recently bought and sold shares of the stock. Whitebox Advisors LLC purchased a new position in Altisource Portfolio Solutions during the first quarter valued at about $3,496,000. Schwab Charles Investment Management Inc. boosted its position in Altisource Portfolio Solutions by 7.9% in the first quarter. Schwab Charles Investment Management Inc. now owns 105,863 shares of the business services provider’s stock valued at $3,896,000 after buying an additional 7,767 shares in the last quarter. KCG Holdings Inc. purchased a new position in Altisource Portfolio Solutions during the first quarter valued at about $201,000. Clearline Capital LP purchased a new position in Altisource Portfolio Solutions during the first quarter valued at about $615,000. Finally, UBS Group AG boosted its position in Altisource Portfolio Solutions by 605.2% in the first quarter. UBS Group AG now owns 23,822 shares of the business services provider’s stock valued at $876,000 after buying an additional 20,444 shares in the last quarter. Hedge funds and other institutional investors own 57.60% of the company’s stock.

Altisource Portfolio Solutions (ASPS) traded down 0.18% on Friday, reaching $22.40. 104,048 shares of the company were exchanged. The firm has a market capitalization of $412.88 million, a P/E ratio of 25.96 and a beta of 0.88. Altisource Portfolio Solutions has a 12-month low of $16.17 and a 12-month high of $46.99. The firm has a 50-day moving average of $20.41 and a 200 day moving average of $26.61.

Altisource Portfolio Solutions (NASDAQ:ASPS) last posted its earnings results on Thursday, April 27th. The business services provider reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.06. Altisource Portfolio Solutions had a net margin of 1.72% and a return on equity of 102.97%. The firm had revenue of $229.84 million during the quarter, compared to analysts’ expectations of $217.90 million. During the same period in the previous year, the business posted $1.47 EPS. The business’s revenue was down 1.9% compared to the same quarter last year. On average, equities analysts predict that Altisource Portfolio Solutions will post $2.63 earnings per share for the current year.

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Altisource Portfolio Solutions Company Profile

Altisource Portfolio Solutions SA 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.

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