Houghton Mifflin Harcourt Company Stake Acquired By BNP Paribas Arbitrage

Houghton Mifflin Harcourt Company (NASDAQ:HMHC) performed nicely this week, continuing its impressive near-term upward movement. Royce & Associates LP owned approximately 1.21% of Houghton Mifflin Harcourt worth $18,318,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Ny State Common Retirement Fund has 0.01% invested in Houghton Mifflin Harcourt Co (NASDAQ:HMHC) for 820,510 shares. Finally, Lapides Asset Management LLC increased its position in shares of Houghton Mifflin Harcourt by 0.4% during the first quarter. The stock of Houghton Mifflin Harcourt Co (NASDAQ:HMHC) has "Buy" rating given on Friday, August 7 by Oppenheimer. JPMorgan Chase & Co. now owns 634,676 shares of the business services provider's stock worth $6,442,000 after purchasing an additional 118,352 shares during the last quarter. Morgan Stanley stated it has 0.02% of its portfolio in Houghton Mifflin Harcourt Co (NASDAQ:HMHC). The Shamrock Asset Management Llc holds 14,052 shares with $1.87 million value, up from 5,513 last quarter. Bank of New York Mellon has an ownership of 4,174,326 stocks of the firm services provider's shares valued $51,344,000 following acquiring an extra 3,689,216 stocks in the previous period. Institutional investors own 99.91% of the company's stock.

Another recent and important Houghton Mifflin Harcourt Co (NASDAQ:HMHC) news was published by which published an article titled: "Houghton Mifflin Harcourt (HMHC) Q1 2017 Results - Earnings Call Transcript" on May 04, 2017.

Among 5 analysts covering Houghton Mifflin Harcourt (NASDAQ:HMHC), 2 have Buy rating, 0 Sell and 3 Hold. BidaskClub cut shares of Houghton Mifflin Harcourt from a "buy" rating to a "hold" rating in a report on Friday, June 16th. BMO Capital Markets reaffirmed a "hold" rating and set a $13.00 target price on shares of Houghton Mifflin Harcourt in a report on Friday, August 4th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. Keefe Bruyette & Woods has "Hold" rating and $13.5000 target.

More news: Samsung's OLED Monopoly Blamed for Higher iPhone 8 Price Tag

ILLEGAL ACTIVITY WARNING: This piece of content was posted by StockNewsTimes and is the sole property of of StockNewsTimes. If you are viewing this piece on another publication, it was illegally stolen and republished in violation of US and global copyright & trademark laws. The legal version of this news story can be viewed at

Shares of Houghton Mifflin Harcourt Company (NASDAQ HMHC) opened at 10.45 on Monday. Lapides Asset Management Llc bought 470,600 shares as the company's stock rose 9.73% with the market. Houghton Mifflin Harcourt Company has a 1-year low of $9.15 and a 1-year high of $16.18. The current price change puts the market capitalization at $1.28 bln. The stock closing price is now trading downward to its 50 day moving average with change of -7.21%, escalated to its 20 day moving average with figure of 0.80% and behind its 200 day moving average with value -6.05%. BNP Paribas Arbitrage held about 0.19% of Houghton Mifflin Harcourt valued $2,840,000 as of its latest document with the SEC (SEC). The business services provider reported ($0.20) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.23) by $0.03.

Net profit margin of the company is seen at -18.60%. The business had revenue of $393.05 million during the quarter, compared to analysts' expectations of $387.68 million. During the same period past year, the firm posted ($0.23) EPS. Over the past five trading sessions it is 3.46%; 8.94% for the month; 5.44% for the last quarter; 6% for the past six-months; and -16.39% for the last 12 months. FMR boosted its position in stocks of Houghton Mifflin Harcourt by 13.7% through out the 1st period.

Like this



07 September 2017
Player banned for FA Cup pie-eating bet stunt
The goalkeeper was seen eating a pie during the latter stages of an FA Cup fixture against Arsenal at home. Once the story broke, Shaw was asked by the club to resign, despite his off-field work at the club.

07 September 2017
Carl Frampton confirms Jamie Moore as new trainer after split from McGuigans
Today Frampton confirmed that Moore, who has worked with Tommy Coyle and Matthew Macklin, would take over training duites. Frampton has not yet unveiled who will be his new promoter after ditching Barry McGuigan's Cyclone Promotions.

07 September 2017
Yogi files nomination papers for UP Council
SP supremo Akhilesh Yadav had dared Adityanath and Maurya to contest by-polls to the assembly instead of taking the council route. Adityanath, who took over as the CM on March 19, has to become a legislator within the stipulated six months of assuming office.

07 September 2017
Restaurant, casino owner to buy Rockets from Alexander
Fertitta previously offered $81 million to buy the Rockets in 1993, but the team was sold to Leslie Alexander for $85 million. Alexander said he has known Fertitta 24 years and believes no one is more capable to run the franchise than is Fertitta.

07 September 2017
Zurcher Kantonalbank Zurich Cantonalbank Has $2.96 Million Holdings in Splunk Inc. (SPLK)
Baird reaffirmed an "outperform" rating and set a $71.00 target price on shares of Splunk in a research note on Monday, July 10th. The value of the total investment in Splunk Inc. went from $15,069,000 to $17,357,000 increasing 15.2% quarter to quarter.

07 September 2017
'Mean Girls' Musical Sets A Broadway Premiere Date!
Entertainment Weekly has shared a first look at "The Plastics" from the Broadway-bound production of Mean Girls . The film, which was released in 2004 (yes - 13 years ago) was big for stars Lindsay Lohan and Rachel McAdams .

07 September 2017
Trading Statistics of Helix Energy Solutions Group, Inc. (HLX)
The Company provides services to the offshore energy industry, with a focus on well intervention and robotics operations. Wedbush Securities Inc. lifted its holdings in shares of Helix Energy Solutions Group by 109.9% in the 2nd quarter.

07 September 2017
Diego Waits to Find Out the Costa His Antics
Exhausted of reading? Click through the gallery above to see the 12 highest paid stars at the Blues, according to the Daily Star. Chelsea have been fining Costa fortnightly while he has been in Brazil.

07 September 2017
Hamlin's Darlington wins encumbered; Ives suspended
Other penalties from the weekend also include a rear suspension infraction on the No. 22 Team Penske team in the Xfinity Series. NASCAR said the cars of Hamlin, a Manchester graduate, in both the Cup and Xfinity races, violated rear suspension rules.

07 September 2017
Genworth Financial (GNW) Receives Coverage Optimism Rating of 0.19
Finally, BidaskClub upgraded Genworth Financial from a "sell" rating to a "hold" rating in a research note on Tuesday, June 13th. The highest price GNW stock touched in the last 12 month was $5.27 and the lowest price it hit in the same period was $3.23.