Trexquant Investment LP bought a new position in shares of Blucora, Inc. (NASDAQ:BCOR) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 7,953 shares of the information services provider’s stock, valued at approximately $201,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Sei Investments Co. grew its holdings in shares of Blucora by 15,869.2% during the third quarter. Sei Investments Co. now owns 4,152 shares of the information services provider’s stock worth $110,000 after purchasing an additional 4,126 shares during the last quarter. Robeco Institutional Asset Management B.V. bought a new stake in shares of Blucora during the third quarter worth about $124,000. C M Bidwell & Associates Ltd. bought a new stake in shares of Blucora during the second quarter worth about $179,000. Municipal Employees Retirement System of Michigan lifted its stake in shares of Blucora by 7.1% in the second quarter. Municipal Employees Retirement System of Michigan now owns 9,340 shares of the information services provider’s stock worth $198,000 after acquiring an additional 620 shares during the period. Finally, Crossmark Global Holdings Inc. acquired a new position in Blucora in the third quarter valued at approximately $204,000. 89.31% of the stock is owned by institutional investors.

Shares of Blucora, Inc. (NASDAQ BCOR) opened at $20.20 on Friday. The stock has a market capitalization of $934.05, a PE ratio of 15.94, a P/E/G ratio of 0.89 and a beta of -0.32. The company has a debt-to-equity ratio of 0.65, a quick ratio of 2.23 and a current ratio of 2.23. Blucora, Inc. has a 1-year low of $14.25 and a 1-year high of $26.15.

Blucora (NASDAQ:BCOR) last released its quarterly earnings results on Thursday, October 26th. The information services provider reported ($0.12) earnings per share for the quarter, beating the consensus estimate of ($0.19) by $0.07. The firm had revenue of $90.20 million for the quarter, compared to analysts’ expectations of $89.72 million. Blucora had a positive return on equity of 11.94% and a negative net margin of 0.46%. The company’s revenue was up 8.4% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.24) EPS. analysts expect that Blucora, Inc. will post 1.14 earnings per share for the current fiscal year.

Several equities research analysts have recently commented on the company. Benchmark restated a “buy” rating and set a $30.00 price objective on shares of Blucora in a report on Monday, November 20th. BidaskClub downgraded Blucora from a “sell” rating to a “strong sell” rating in a research note on Wednesday. Zacks Investment Research upgraded Blucora from a “hold” rating to a “strong-buy” rating and set a $25.00 price objective for the company in a research note on Wednesday, November 1st. Finally, TheStreet downgraded Blucora from a “b-” rating to a “c” rating in a research note on Monday, October 30th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. Blucora has a consensus rating of “Buy” and an average target price of $27.00.

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About Blucora

Blucora, Inc is a provider of technology-enabled financial solutions to consumers, small business owners and tax professionals. The Company operates through the Wealth Management and Tax Preparation segments. The Company’s Wealth Management segment consists of HD Vest, which provides financial advisors with an integrated platform of brokerage, investment advisory and insurance services to assist in making each financial advisor a financial service center for his/her clients The Company’s Tax Preparation segment provides digital do-it-yourself (DDIY) tax preparation solutions for consumers, small business owners and tax professionals.

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Institutional Ownership by Quarter for Blucora (NASDAQ:BCOR)

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