Luxoft Holding, Inc. (NYSE:LXFT) Reaches New 52-Week Low at $46.50

Luxoft Holding, Inc. (NYSE:LXFT) Reaches New 52-Week Low at $46.50”

(NYSE:LXFT) by 104.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,133 shares of the software maker's stock after buying an additional 3,147 shares during the period.

State Treasurer State Of Michigan increased Skechers U S A Inc (SKX) stake by 78.3% reported in 2016Q4 SEC filing.

Several other research analysts have also recently weighed in on the company. Mackenzie Financial Corp raised its position in shares of Luxoft Holding by 79.2% in the first quarter. In the last earnings report the EPS was $1.84 and is projected to be $3.39 for the current year with 33,446,000 shares presently outstanding. Legal & General Group Plc raised its position in shares of Luxoft Holding by 13.2% in the first quarter. Blackrock Inc. added to its stake by buying 6,925 shares an increase of 1.4% in the quarter. Standard Life Investments LTD now owns 330,669 shares of the software maker's stock valued at $20,114,000 after buying an additional 200,442 shares in the last quarter. Finally, Clinton Group Inc. raised its position in Luxoft Holding by 20.2% in the first quarter. Standard Life Investments Ltd now controls 122,820 shares with a value of $7,471,000. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Walthausen & Company sold 81,350 shares as Sjw Corp (SJW)'s stock declined 2.94%. Shares are trading at $45.90 quite a bit below the 50 day moving average which is $61.88 and impressively lower than the 200 day moving average of $61.22. During the same quarter in the previous year, the company earned $0.56 EPS. The firm had revenue of $204.10 million for the quarter, compared to the consensus estimate of $202.30 million. Luxoft Holding had a return on equity of 21.06% and a net margin of 7.97%. The business's quarterly revenue was up 20.6% compared to the same quarter past year.

(-) BBOX, (-47.3%) Surprise fiscal Q1 operating loss of $0.33 per share reverses year-ago profit and misses consensus call expecting $0.01 per share.

ILLEGAL ACTIVITY NOTICE: "Luxoft Holding, Inc. (NYSE:LXFT)" was reported by Transcript Daily and is the property of of Transcript Daily. If you are viewing this report on another publication, it was illegally stolen and republished in violation of United States & worldwide copyright laws.

Morgan Stanley reports that it bought 80 shares last quarter increasing its stake in Luxoft Holding, Inc. Zacks Investment Research upgraded shares of Luxoft Holding from a "sell" rating to a "hold" rating in a research note on Wednesday, April 19th. UBS AG restated a "neutral" rating and set a $66.00 price target (up previously from $63.00) on shares of Luxoft Holding in a research report on Thursday, May 25th. BidaskClub cut Luxoft Holding from a "buy" rating to a "hold" rating in a research note on Tuesday, June 13th. Cantor Fitzgerald restated a "hold" rating and set a $55.00 price target on shares of Luxoft Holding in a research report on Tuesday, May 23rd. On Friday, August 28 the stock rating was downgraded by Vetr to "Buy". Two analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company. If the $40.02 price target is reached, the company will be worth $116.80 million less.

WARNING: "Luxoft Holding, Inc".

Like this


13 August 2017
Investors Buy Shares of Phillips 66 (NYSE:PSX) on Weakness
The oil and gas company reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.07. NA continued to hold its position in shares of Phillips 66 (NYSE:PSX) during the first quarter, Holdings Channel reports.

12 August 2017
Nikki Reed and Ian Somerhalder welcome first child, a daughter
The outlet reports that Reed gave birth to a baby girl, whom the couple named Bodhi Soleil Reed Somerhalder . The Twilight Saga actress and her 38-yearold husband became first time parents two weeks ago on July 25.

12 August 2017
Jones Lang LaSalle Incorporated (NYSE:JLL) Downgraded by ValuEngine to "Hold"
ValuEngine lowered shares of Jones Lang LaSalle from a "buy" rating to a "hold" rating in a report on Monday, July 24th. On average, equities analysts anticipate that Jones Lang LaSalle Incorporated will post $8.08 EPS for the current year.

12 August 2017
Investors Traded Stock:: Och-Ziff Capital Management Group LLC (OZM)
Och-Ziff Capital Management Group LLC (NYSE: OZM ) closed down -0.03 points or -0.99% at $3 with 0.63 mln shares exchanging hands. The last close places the company's stock about $1.52 off its 52 week high of $17.87 and $1.34 above the 52 week low of $15.01.

12 August 2017
BMW Group global sales up 0.4% in July 2017
Comparing plug-ins against the overall total of 180,485 BMW & MINI vehicles sold last month, we see a record high 4.5% share for electric vehicles last month.

12 August 2017
Keith Ellison: I Regret Saying NKorea's Kim 'More Responsible' Than Trump
He said: "Military solutions are now fully in place, locked and loaded, should North Korea act unwisely. At other planning sessions, activists plotted direct action in the case of actual hostilities.

12 August 2017
Burnley defeat Chelsea 3-2 at Stamford Bridge
You were not happy with my 11?' said Conte when asked if his selection was influenced by his dissatisfaction at Chelsea's transfer policy this summer.

12 August 2017
What the US Military Does on Guam and Why North Korea Cares
But experts say the Japanese military does not now have the capability to shoot down a missile in high altitude. Replicas of North and South Korean missiles are pictured at the Korean War Memorial in Seoul on August 10, 2017.

12 August 2017
Longest match in USGA history takes 30 holes at US Women's Amateur
Not only was the match historic for its length, it had arguably the most "vagaries of match play" moment you'll ever see. A 13-year-old eighth-grader from Chinese Taipei won the longest 18-hole match in USGA history, dating back to 1895.

12 August 2017
Detroit Red Wings condemn use of logo in Charlottesville protest
"The Red Wings believe that Hockey is for Everyone and we celebrate the great diversity of our fan base and our nation". As of Saturday afternoon, the group was using the altered Red Wings logo as its Twitter avatar.