Mondrian Investment Partners Ltd buys $3,310,040 stake in SP Plus Corp (SP)

SP Plus Corp (SP) : Mondrian Investment Partners Ltd scooped up 12,692 additional shares in SP Plus Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 1, 2016. The investment management firm now holds a total of 136,722 shares of SP Plus Corp which is valued at $3,310,040.SP Plus Corp makes up approximately 0.08% of Mondrian Investment Partners Ltd’s portfolio.

Other Hedge Funds, Including , Ngam Advisors boosted its stake in SP in the latest quarter, The investment management firm added 482 additional shares and now holds a total of 21,085 shares of SP Plus Corp which is valued at $510,468. SP Plus Corp makes up approx 0.01% of Ngam Advisors’s portfolio. Wedge Capital Management L L Pnc added SP to its portfolio by purchasing 14,418 company shares during the most recent quarter which is valued at $346,465.Skylands Capital reduced its stake in SP by selling 100 shares or 3.33% in the most recent quarter. The Hedge Fund company now holds 2,900 shares of SP which is valued at $70,557. SP Plus Corp makes up approx 0.01% of Skylands Capital’s portfolio. Bnp Paribas Arbitrage Sa added SP to its portfolio by purchasing 676 company shares during the most recent quarter which is valued at $16,467.

SP Plus Corp closed down -0.08 points or -0.33% at $24.13 with 53,764 shares getting traded on Thursday. Post opening the session at $24.44, the shares hit an intraday low of $23.6 and an intraday high of $24.75 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

SP Plus Corporation (SP Plus) is a provider of parking management ground transportation and other ancillary services to commercial institutional and municipal clients. SP Plus operates through six segments: Region One Region Two Region Three Region Four Region Five and Other. The Region One Region Three and Region Five segments include the Company’s operations in the United States Canada and Puerto Rico. Region Two includes event planning and transportation and the Company’s technology-based parking and traffic management systems. Region Four includes its airport and transportation operations across the United States. The Company’s Other segment consists of ancillary revenue not identifiable to a region and insurance reserve adjustments related to prior years. SP Plus markets its services under brands such as SP+ SP+ Transportation SP+ Facility Maintenance SP+ Event Logistics SP+ Security Ambiance in Parking Standard Parking Central Parking and USA Parking.

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