Acacia Research Corporation (ACTG) Analysts See $-0.04 EPS

April 17, 2018 - By Michael Collier

Acacia Research Corporation (NASDAQ:ACTG) LogoInvestors sentiment increased to 1.07 in Q4 2017. Its up 0.03, from 1.04 in 2017Q3. It is positive, as 11 investors sold Acacia Research Corporation shares while 30 reduced holdings. 20 funds opened positions while 24 raised stakes. 31.81 million shares or 4.05% less from 33.15 million shares in 2017Q3 were reported.
Fuller & Thaler Asset holds 450,121 shares or 0.02% of its portfolio. Heartland holds 1.2% or 4.59 million shares. Sg Americas Securities Lc reported 16,426 shares. The Australia-based Macquarie Gru has invested 0% in Acacia Research Corporation (NASDAQ:ACTG). Northern Tru holds 0% or 614,167 shares. Jpmorgan Chase And Company holds 0% in Acacia Research Corporation (NASDAQ:ACTG) or 102,286 shares. Lpl Finance Ltd holds 0% or 30,100 shares in its portfolio. Bridgeway Capital Mngmt accumulated 151,800 shares. Moreover, Hanson & Doremus Investment has 0.11% invested in Acacia Research Corporation (NASDAQ:ACTG). Numeric Invsts Limited Company reported 0% stake. Millennium Limited Liability Corporation owns 16,990 shares or 0% of their US portfolio. The New York-based Boothbay Fund Mgmt Ltd Liability Corporation has invested 0.09% in Acacia Research Corporation (NASDAQ:ACTG). Bancshares Of New York Mellon Corporation holds 228,056 shares. Barclays Public Ltd Com accumulated 8,279 shares or 0% of the stock. Goldman Sachs Group Incorporated has 0% invested in Acacia Research Corporation (NASDAQ:ACTG).

Since February 15, 2018, it had 6 insider purchases, and 0 sales for $242,218 activity.

Analysts expect Acacia Research Corporation (NASDAQ:ACTG) to report $-0.04 EPS on May, 3.They anticipate $0.09 EPS change or 69.23 % from last quarter’s $-0.13 EPS. After having $-0.02 EPS previously, Acacia Research Corporation’s analysts see 100.00 % EPS growth. The stock increased 4.55% or $0.15 during the last trading session, reaching $3.45. About 2.08M shares traded or 777.77% up from the average. Acacia Research Corporation (NASDAQ:ACTG) has declined 38.53% since April 18, 2017 and is downtrending. It has underperformed by 50.08% the S&P500.

Acacia Research Corporation (NASDAQ:ACTG) Ratings Coverage

Among 2 analysts covering Acacia Research (NASDAQ:ACTG), 1 have Buy rating, 1 Sell and 0 Hold. Therefore 50% are positive. Acacia Research had 2 analyst reports since October 27, 2017 according to SRatingsIntel. The company was maintained on Friday, October 27 by Northland Capital.

Acacia Research Corporation, through its subsidiaries, invests in, develops, licenses, and enforces patented technologies in the United States. The company has market cap of $174.70 million. It assists patent owners with the prosecution and development of their patent portfolios; the protection of their patented inventions from unauthorized use; the generation of licensing revenue from users of their patented technologies; and enforcement against unauthorized users of their patented technologies through the filing of patent infringement litigation. It has a 7.86 P/E ratio. The firm owns or controls the rights to various patent portfolios, which include the United States' patents and foreign counterparts covering technologies used in various industries.

Acacia Research Corporation (NASDAQ:ACTG) Institutional Positions Chart

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