Quotient Technology Inc (QUOT) : Lmm reduced its stake in Quotient Technology Inc by 2.44% during the most recent quarter end. The investment management company now holds a total of 6,282,625 shares of Quotient Technology Inc which is valued at $74,763,238 after selling 156,800 shares in Quotient Technology Inc , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.Quotient Technology Inc makes up approximately 4.24% of Lmm’s portfolio.
Other Hedge Funds, Including , Gsa Capital Partners Llp added QUOT to its portfolio by purchasing 65,175 company shares during the most recent quarter which is valued at $775,583. Quotient Technology Inc makes up approx 0.04% of Gsa Capital Partners Llp’s portfolio.Elk Creek Partners boosted its stake in QUOT in the latest quarter, The investment management firm added 265,866 additional shares and now holds a total of 734,584 shares of Quotient Technology Inc which is valued at $8,300,799. Quotient Technology Inc makes up approx 0.56% of Elk Creek Partners’s portfolio.California State Teachers Retirement System boosted its stake in QUOT in the latest quarter, The investment management firm added 1,300 additional shares and now holds a total of 135,734 shares of Quotient Technology Inc which is valued at $1,513,434.Blackrock Advisors boosted its stake in QUOT in the latest quarter, The investment management firm added 2,451 additional shares and now holds a total of 33,955 shares of Quotient Technology Inc which is valued at $365,016.Cribstone Capital Management reduced its stake in QUOT by selling 1,085 shares or 66.36% in the most recent quarter. The Hedge Fund company now holds 550 shares of QUOT which is valued at $6,380.
On the company’s financial health, Quotient Technology Inc reported $-0.13 EPS for the quarter, missing the analyst consensus estimate by $ -0.14 based on the information available during the earnings call on Nov 1, 2016. Analyst had a consensus of $0.01. The company had revenue of $66.47 million for the quarter, compared to analysts expectations of $66.17 million. The company’s revenue was up 17.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.12 EPS.
Many Wall Street Analysts have commented on Quotient Technology Inc. Company shares were Upgraded by RBC Capital Mkts on Nov 2, 2016 to ” Outperform”, Firm has raised the Price Target to $ 15 from a previous price target of $14 .Maxim Group Upgraded Quotient Technology Inc on Nov 2, 2016 to ” Buy”, Price Target of the shares are set at $15.Dougherty & Company Upgraded Quotient Technology Inc on Sep 14, 2016 to ” Buy”, Price Target of the shares are set at $16.
Quotient Technology Inc. formerly Coupons.com Incorporated operates a digital promotion platform that connects brands and retailers with consumers. The Company has over 2000 brands from around 700 consumer packaged goods companies (CPGs) and other grocery drug and mass merchandise retailers use its promotion platform to engage consumers at the moments when they are choosing which products they will buy and where they will shop. It delivers digital coupons to consumers including coupons and coupon codes and display advertising through its platform that includes its Web mobile and social channels. It also delivers coupons to CPGs retailers and its network of various third-party Websites or publishers that displays its coupon and advertising offerings on their Websites. Through its Campaign iQ product CPGs tracks and analyzes activations redemption rates and volumes distribution methods buying rates aggregated buyer demographics and campaign effectiveness statistics.