Investment Technology Group Inc’s (NYSE:ITG) Sentiment is 1.28

April 16, 2018 - By Marie Mckinney

Investment Technology Group, Inc. (NYSE:ITG) Logo

Sentiment for Investment Technology Group Inc (NYSE:ITG)

Investment Technology Group Inc (NYSE:ITG) institutional sentiment decreased to 1.28 in 2017 Q4. Its down -1.22, from 2.5 in 2017Q3. The ratio dropped, as 64 hedge funds increased and opened new equity positions, while 50 decreased and sold their stakes in Investment Technology Group Inc. The hedge funds in our partner’s database now own: 27.87 million shares, down from 28.15 million shares in 2017Q3. Also, the number of hedge funds holding Investment Technology Group Inc in their top 10 equity positions increased from 0 to 1 for an increase of 1. Sold All: 9 Reduced: 41 Increased: 46 New Position: 18.

Investment Technology Group, Inc. operates as an independent broker and financial technology firm in the United States, Canada, Europe, and the Asia Pacific. The company has market cap of $669.55 million. The firm offers various solutions for asset managers and broker-dealers in the areas of execution services, workflow technology, and analytics that provide trade execution services and solutions for portfolio management, as well as investment research, pre-trade analytics, and post-trade analytics and processing. It currently has negative earnings. The firm offers ITG Algorithms and ITG Smart Router that offers portfolio managers and traders to trade orders; POSIT for continuous and scheduled crossing of non-displayed equity orders and price improvement opportunities; ITG Derivatives for electronic listed futures and options trading; ITG Commission Manager, a Web commission management portal; and securities lending services.

The stock increased 1.25% or $0.25 during the last trading session, reaching $20.24. About 26,179 shares traded. Investment Technology Group, Inc. (NYSE:ITG) has declined 2.37% since April 16, 2017 and is downtrending. It has underperformed by 13.92% the S&P500.

Analysts await Investment Technology Group, Inc. (NYSE:ITG) to report earnings on May, 2. They expect $0.08 EPS, down 50.00 % or $0.08 from last year’s $0.16 per share. ITG’s profit will be $2.65 million for 63.25 P/E if the $0.08 EPS becomes a reality. After $0.12 actual EPS reported by Investment Technology Group, Inc. for the previous quarter, Wall Street now forecasts -33.33 % negative EPS growth.

Philadelphia Financial Management Of San Francisco Llc holds 3.91% of its portfolio in Investment Technology Group, Inc. for 1.37 million shares. Madden Advisory Services Inc. owns 43,950 shares or 0.51% of their US portfolio. Moreover, Fuller & Thaler Asset Management Inc. has 0.43% invested in the company for 1.86 million shares. The New York-based Cramer Rosenthal Mcglynn Llc has invested 0.31% in the stock. River & Mercantile Asset Management Llp, a United Kingdom-based fund reported 145,324 shares.#img1#

Investment Technology Group, Inc. (NYSE:ITG) Ratings Coverage

Ratings analysis reveals 50% of Investment Technology’s analysts are positive. Out of 2 Wall Street analysts rating Investment Technology, 1 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. ITG was included in 2 notes of analysts from January 9, 2018. As per Tuesday, January 9, the company rating was maintained by Sandler O’Neill. The firm has “Buy” rating by Rosenblatt given on Friday, March 2.

Investment Technology Group, Inc. (NYSE:ITG) Institutional Positions Chart

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