0.84 is Flight Safety Technologies Inc’s (NYSE:FLT) Institutional Investor Sentiment

August 15, 2017 - By Hazel Jackson

 0.84 is Flight Safety Technologies Inc's (NYSE:FLT) Institutional Investor Sentiment

Sentiment for Flight Safety Technologies Inc (NYSE:FLT)

Flight Safety Technologies Inc (NYSE:FLT) institutional sentiment decreased to 0.84 in 2016 Q4. Its down -0.23, from 1.07 in 2016Q3. The ratio has dropped, as 148 investment managers started new or increased holdings, while 177 cut down and sold stock positions in Flight Safety Technologies Inc. The investment managers in our partner’s database now have: 85.90 million shares, up from 84.88 million shares in 2016Q3. Also, the number of investment managers holding Flight Safety Technologies Inc in their top 10 holdings decreased from 23 to 15 for a decrease of 8. Sold All: 52 Reduced: 125 Increased: 103 New Position: 45.

FleetCor Technologies, Inc. is a provider of workforce payment products. The company has market cap of $13.16 billion. The Firm offers fuel card payments product solutions, corporate payments products, toll products, lodging cards and gift cards. It has a 28.3 P/E ratio. The Firm operates through two divisions: North America and International.

About 788,404 shares traded. FleetCor Technologies, Inc. (NYSE:FLT) has declined 6.67% since August 15, 2016 and is downtrending. It has underperformed by 23.37% the S&P500.

12 West Capital Management Lp holds 35.35% of its portfolio in FleetCor Technologies, Inc. for 1.41 million shares. Hillman Co owns 239,144 shares or 11.78% of their US portfolio. Moreover, Selkirk Management Llc has 7.58% invested in the company for 84,239 shares. The New York-based Bloom Tree Partners Llc has invested 7.53% in the stock. Marble Arch Investments Lp, a New York-based fund reported 703,100 shares.#img1#

FleetCor Technologies, Inc. (NYSE:FLT) Ratings Coverage

Ratings analysis reveals 93% of Fleetcor Technologies’s analysts are positive. Out of 15 Wall Street analysts rating Fleetcor Technologies, 14 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $75 while the high is $201.5000. The stock’s average target of $170.39 is 19.09% above today’s ($143.08) share price. FLT was included in 37 notes of analysts from August 6, 2015. The rating was maintained by Monness Crespi & Hardt with “Buy” on Wednesday, January 27. The firm has “Neutral” rating given on Friday, August 14 by JP Morgan. The stock has “Outperform” rating by Wells Fargo on Friday, November 18. Evercore downgraded the shares of FLT in report on Wednesday, September 30 to “Hold” rating. The rating was maintained by Jefferies with “Buy” on Thursday, May 25. As per Wednesday, April 5, the company rating was maintained by Jefferies. Keefe Bruyette & Woods maintained FleetCor Technologies, Inc. (NYSE:FLT) rating on Wednesday, February 3. Keefe Bruyette & Woods has “Outperform” rating and $147 target. Keefe Bruyette & Woods maintained the shares of FLT in report on Monday, August 7 with “Buy” rating. The company was initiated on Friday, June 24 by SunTrust. The firm has “Buy” rating by Citigroup given on Thursday, December 15.

More notable recent FleetCor Technologies, Inc. (NYSE:FLT) news were published by: Businesswire.com which released: “FLEETCOR 72 HOUR DEADLINE ALERT: Approximately 72 Hours Remain; Former …” on August 12, 2017, also Nasdaq.com with their article: “Academy Capital Management Inc Buys Fleetcor Technologies Inc, Sells Franklin …” published on July 21, 2017, Gurufocus.com published: “Steadfast Capital Management Lp Buys Fleetcor Technologies Inc, Viacom Inc …” on August 14, 2017. More interesting news about FleetCor Technologies, Inc. (NYSE:FLT) were released by: Businesswire.com and their article: “FLEETCOR Completes Acquisition of Cambridge Global Payments, a Leading B2B …” published on August 09, 2017 as well as Seekingalpha.com‘s news article titled: “FleetCor: A Low Price For A High Growth Company” with publication date: August 07, 2017.

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