Next Century Growth Investors Lowered By $1.09 Million Its Ultimate Software Group (ULTI) Holding; Standard and Poors Global (SPGI) Shorts Decreased By 34.85%

August 12, 2018 - By Carolyn Hewitt

The Ultimate Software Group, Inc. (NASDAQ:ULTI) Logo

Next Century Growth Investors Llc decreased Ultimate Software Group Inc. (ULTI) stake by 18.38% reported in 2018Q1 SEC filing. Next Century Growth Investors Llc sold 4,474 shares as Ultimate Software Group Inc. (ULTI)’s stock rose 8.98%. The Next Century Growth Investors Llc holds 19,873 shares with $4.84M value, down from 24,347 last quarter. Ultimate Software Group Inc. now has $8.86B valuation. The stock increased 0.52% or $1.46 during the last trading session, reaching $284.19. About 338,854 shares traded or 30.14% up from the average. The Ultimate Software Group, Inc. (NASDAQ:ULTI) has risen 20.63% since August 12, 2017 and is uptrending. It has outperformed by 8.06% the S&P500. Some Historical ULTI News: 29/05/2018 – Ultimate Announces Schedule of Investor Conferences for June 2018; 20/04/2018 – Canadian Industrial Equipment Dealer Uses UltiPro Reporting to Improve Payroll Processes, Support Business Continuity Planning; 10/05/2018 – Ultimate Software Announces Presentations at UNLEASH America; 02/05/2018 – Wells Capital Management Inc. Exits Ultimate Software; 29/05/2018 – Ultimate Software Presenting at Conference Jun 6; 01/05/2018 – Ultimate Software Group 1Q EPS 67c; 01/05/2018 – Ultimate Software Group: Felicia Alvaro to Succeed as New CFO; 08/05/2018 – Ultimate Software Announces Presentations at American Payroll Association’s 36th Annual Congress; 26/04/2018 – Ultimate Software Ranked #4 Company for HR Worldwide by Workforce Magazine; 08/03/2018 – Ultimate Software Named to Canada’s 50 Best Workplaces for Women List

Standard and Poors Global Inc (NYSE:SPGI) had a decrease of 34.85% in short interest. SPGI’s SI was 4.64M shares in August as released by FINRA. Its down 34.85% from 7.12 million shares previously. With 1.49M avg volume, 3 days are for Standard and Poors Global Inc (NYSE:SPGI)’s short sellers to cover SPGI’s short positions. The SI to Standard and Poors Global Inc’s float is 1.83%. The stock increased 0.18% or $0.37 during the last trading session, reaching $201.32. About 843,693 shares traded. S&P Global Inc. (NYSE:SPGI) has risen 42.41% since August 12, 2017 and is uptrending. It has outperformed by 29.84% the S&P500. Some Historical SPGI News: 09/05/2018 – SDG Evaluation Tool Launched by Trucost; 24/05/2018 – S&P GLOBAL TO ESTABLISH DOMESTIC CREDIT RATING AGENCY IN CHINA; 04/05/2018 – Drilling Activity for U.S. Land, Inland Waters and Gulf of Mexico All Experienced Increases in April; 28/03/2018 – Why S&P Global Rating’s Chan Is Elevating Trade War Risk (Video); 16/05/2018 – Chinese banks overshadow Western counterparts in latest global bank rankings; 30/05/2018 – US Bank profits projected to reach pre-crisis levels but CECL could slow overall balance sheet growth; 04/04/2018 – TABLE-UAE’s Fujairah oil inventory data for week ended April 2; 26/03/2018 – S&P GLOBAL COMBINING SOVEREIGN, FINANCIAL SERVICES DIVISIONS AT REGIONAL LEVEL; 14/03/2018 – Kagan Releases Fourth Quarter 2017 U.S. Multichannel Subscriber Report; 30/05/2018 – TABLE-UAE’s Fujairah oil inventory data for week ended May 28

More recent S&P Global Inc. (NYSE:SPGI) news were published by: Seekingalpha.com which released: “S&P Global Inc. (SPGI) CEO Doug Peterson on Q2 2018 Results – Earnings Call Transcript” on July 26, 2018. Also Themiddlemarket.com published the news titled: “M&A wrap: TH Lee, Dun & Bradstreet, Rite Aid, Albertsons, Cerberus, private equity fundraising” on August 09, 2018. Finance.Yahoo.com‘s news article titled: “Stock Performance Review on ServiceMaster Global Holdings and Three Other Business Services Stocks” with publication date: July 18, 2018 was also an interesting one.

S&P Global Inc. provides independent ratings, benchmarks, analytics, and data to the capital and commodity markets worldwide. The company has market cap of $50.59 billion. It operates through three divisions: Ratings, Market and Commodities Intelligence, and S&P Dow Jones Indices. It has a 31.61 P/E ratio. The Ratings segment provides credit ratings, research, and analytics to investors, issuers, and other market participants.

More notable recent The Ultimate Software Group, Inc. (NASDAQ:ULTI) news were published by: Fool.com which released: “Ultimate Software Group (ULTI) Q2 2018 Earnings Conference Call Transcript” on August 01, 2018, also Businesswire.com with their article: “National Valvoline Franchisee Uses UltiPro Perception to Improve Companywide Communication, Boost Employee …” published on August 08, 2018, Globenewswire.com published: “Report: Developing Opportunities within OMNOVA Solutions, Natural Health Trends, Vocera Communications …” on August 03, 2018. More interesting news about The Ultimate Software Group, Inc. (NASDAQ:ULTI) were released by: Seekingalpha.com and their article: “Ultimate Software reports Q2 beats and files for stock offering” published on August 01, 2018 as well as Investorplace.com‘s news article titled: “7 Best Places for Millennials to Work (That Are Also Great Stocks to Buy)” with publication date: August 09, 2018.

Since February 9, 2018, it had 0 insider purchases, and 4 sales for $4.04 million activity. WILBER RICK had sold 5,000 shares worth $1.22M on Wednesday, February 21. Another trade for 7,088 shares valued at $1.61 million was sold by Phenicie John C. Manne Robert also sold $1.24M worth of The Ultimate Software Group, Inc. (NASDAQ:ULTI) on Thursday, May 3. 4,375 shares valued at $1.08M were sold by FITZPATRICK JAMES A JR on Thursday, May 3. Rogers Adam had sold 3,563 shares worth $813,775 on Friday, February 9. Shares for $501,680 were sold by Alvaro Felicia on Friday, May 4. On Friday, February 9 the insider Swick Gregory sold $677,298.

Investors sentiment increased to 0.99 in Q1 2018. Its up 0.04, from 0.95 in 2017Q4. It increased, as 24 investors sold ULTI shares while 102 reduced holdings. 40 funds opened positions while 85 raised stakes. 30.88 million shares or 3.34% less from 31.95 million shares in 2017Q4 were reported. 8,644 are held by Ameritas Inv Prtnrs Incorporated. Guggenheim Capital Ltd Liability Com holds 26,270 shares or 0.02% of its portfolio. Tocqueville Asset Management LP holds 0.01% or 4,655 shares. Hanson Mcclain holds 0% or 8 shares in its portfolio. Sumitomo Mitsui Asset Mngmt Commerce Ltd reported 102,836 shares stake. Utd Automobile Association holds 0.01% in The Ultimate Software Group, Inc. (NASDAQ:ULTI) or 20,032 shares. Lord Abbett And Commerce Ltd Liability Company holds 0.19% or 268,961 shares in its portfolio. Wellington Mngmt Limited Liability Partnership holds 0.01% in The Ultimate Software Group, Inc. (NASDAQ:ULTI) or 260,192 shares. 7,000 are held by Employees Retirement Sys Of Texas. Voloridge Inv Limited Liability Company reported 0.02% in The Ultimate Software Group, Inc. (NASDAQ:ULTI). Assetmark reported 28 shares. Aperio Gp Ltd Liability Company reported 20,884 shares or 0.03% of all its holdings. Tygh Cap owns 27,946 shares for 1.29% of their portfolio. Jpmorgan Chase And has invested 0% in The Ultimate Software Group, Inc. (NASDAQ:ULTI). Eaton Vance holds 0.02% or 31,671 shares in its portfolio.

Analysts await The Ultimate Software Group, Inc. (NASDAQ:ULTI) to report earnings on November, 7. They expect $0.51 EPS, up 200.00% or $0.34 from last year’s $0.17 per share. ULTI’s profit will be $15.90 million for 139.31 P/E if the $0.51 EPS becomes a reality. After $0.49 actual EPS reported by The Ultimate Software Group, Inc. for the previous quarter, Wall Street now forecasts 4.08% EPS growth.

Among 5 analysts covering Ultimate Software Group (NASDAQ:ULTI), 3 have Buy rating, 1 Sell and 1 Hold. Therefore 60% are positive. Ultimate Software Group had 9 analyst reports since March 14, 2018 according to SRatingsIntel. The company was maintained on Wednesday, August 1 by Bank of America. The rating was maintained by Credit Suisse with “Outperform” on Wednesday, May 2. The stock has “Market Outperform” rating by JMP Securities on Monday, July 23. Credit Suisse maintained The Ultimate Software Group, Inc. (NASDAQ:ULTI) rating on Wednesday, August 1. Credit Suisse has “Outperform” rating and $310 target. The firm earned “Buy” rating on Wednesday, May 2 by Stifel Nicolaus. The firm has “Neutral” rating given on Wednesday, March 14 by Wedbush. The firm has “Market Outperform” rating by JMP Securities given on Tuesday, April 17. Stifel Nicolaus maintained The Ultimate Software Group, Inc. (NASDAQ:ULTI) rating on Wednesday, August 1. Stifel Nicolaus has “Buy” rating and $340 target. The rating was maintained by Wedbush with “Hold” on Wednesday, May 2.

The Ultimate Software Group, Inc. (NASDAQ:ULTI) Institutional Positions Chart

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