Lathrop Investment Management Cut Convergys (CVG) Holding; J Goldman & Company LP Has Cut Lendingclub (Call) (LC) Holding By $1.16 Million

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Lathrop Investment Management Corp decreased Convergys Corp (CVG) stake by 21.45% reported in 2017Q4 SEC filing. Lathrop Investment Management Corp sold 55,680 shares as Convergys Corp (CVG)’s stock declined 6.34%. The Lathrop Investment Management Corp holds 203,942 shares with $4.79M value, down from 259,622 last quarter. Convergys Corp now has $2.16B valuation. The stock decreased 0.46% or $0.11 during the last trading session, reaching $23.61. About 316,346 shares traded. Convergys Corporation (NYSE:CVG) has risen 7.77% since April 24, 2017 and is uptrending. It has underperformed by 3.78% the S&P500.

J Goldman & Company Lp decreased Lendingclub Corp (Call) (LC) stake by 27.88% reported in 2017Q4 SEC filing. J Goldman & Company Lp sold 290,000 shares as Lendingclub Corp (Call) (LC)’s stock declined 12.17%. The J Goldman & Company Lp holds 750,000 shares with $3.10M value, down from 1.04M last quarter. Lendingclub Corp (Call) now has $1.37 billion valuation. The stock decreased 1.21% or $0.04 during the last trading session, reaching $3.27. About 2.32 million shares traded. LendingClub Corporation (NYSE:LC) has declined 31.37% since April 24, 2017 and is downtrending. It has underperformed by 42.92% the S&P500.

Investors sentiment decreased to 0.87 in 2017 Q4. Its down 0.32, from 1.19 in 2017Q3. It is negative, as 37 investors sold LC shares while 39 reduced holdings. 21 funds opened positions while 45 raised stakes. 354.66 million shares or 5.06% more from 337.60 million shares in 2017Q3 were reported. California State Teachers Retirement System accumulated 0% or 515,151 shares. Jefferies Grp Inc invested in 185,000 shares. Norwest Venture X Limited Partnership reported 12.82M shares. Global X Mgmt Com Lc has 254,656 shares for 0.02% of their portfolio. 1.29 million are owned by Bancshares Of Ny Mellon Corp. Cubist Systematic Strategies Limited stated it has 20,976 shares. Gam Hldg Ag holds 0.1% or 773,800 shares. Stratos Wealth Prtn accumulated 403 shares or 0% of the stock. Manitoba – Canada-based Great West Life Assurance Can has invested 0% in LendingClub Corporation (NYSE:LC). River And Mercantile Asset Mgmt Llp accumulated 1.18 million shares. Landscape Cap Mngmt Lc owns 95,440 shares. Public Employees Retirement Association Of Colorado holds 32,414 shares. Foundation Limited Liability has 16.63M shares for 19.92% of their portfolio. Group Inc Inc One Trading Lp stated it has 425,056 shares or 0.01% of all its holdings. Endurance Wealth has invested 0% in LendingClub Corporation (NYSE:LC).

Among 26 analysts covering LendingClub Corporation (NYSE:LC), 6 have Buy rating, 0 Sell and 20 Hold. Therefore 23% are positive. LendingClub Corporation has $24 highest and $2 lowest target. $7.19’s average target is 119.88% above currents $3.27 stock price. LendingClub Corporation had 69 analyst reports since July 31, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Wednesday, February 21 by Credit Suisse. The firm has “Hold” rating by UBS given on Tuesday, March 27. The company was initiated on Wednesday, September 2 by FBR Capital. The stock of LendingClub Corporation (NYSE:LC) earned “Neutral” rating by Compass Point on Friday, December 8. On Wednesday, November 18 the stock rating was upgraded by Sterne Agee CRT to “Buy”. As per Thursday, August 13, the company rating was initiated by KBW. The stock of LendingClub Corporation (NYSE:LC) earned “Neutral” rating by Goldman Sachs on Wednesday, May 18. Maxim Group maintained it with “Buy” rating and $6.0 target in Tuesday, February 20 report. Citigroup maintained the shares of LC in report on Thursday, February 22 with “Neutral” rating. As per Friday, October 30, the company rating was maintained by Canaccord Genuity.

J Goldman & Company Lp increased Eagle Materials Inc (NYSE:EXP) stake by 9,919 shares to 72,419 valued at $8.21M in 2017Q4. It also upped Navistar Intl Corp New (NYSE:NAV) stake by 284,604 shares and now owns 444,039 shares. Paypal Hldgs Inc was raised too.

Analysts await LendingClub Corporation (NYSE:LC) to report earnings on May, 3. They expect $-0.05 EPS, up 28.57% or $0.02 from last year’s $-0.07 per share. After $-0.03 actual EPS reported by LendingClub Corporation for the previous quarter, Wall Street now forecasts 66.67% negative EPS growth.

Lathrop Investment Management Corp increased Newell Brands Inc. (NYSE:NWL) stake by 13,858 shares to 281,430 valued at $8.70M in 2017Q4. It also upped Acuity Brands (NYSE:AYI) stake by 2,877 shares and now owns 66,553 shares. Schwab S&P 500 Select Shares (SWPPX) was raised too.

Analysts await Convergys Corporation (NYSE:CVG) to report earnings on May, 14. They expect $0.40 earnings per share, down 23.08% or $0.12 from last year’s $0.52 per share. CVG’s profit will be $36.65M for 14.76 P/E if the $0.40 EPS becomes a reality. After $0.47 actual earnings per share reported by Convergys Corporation for the previous quarter, Wall Street now forecasts -14.89% negative EPS growth.

Investors sentiment decreased to 1 in Q4 2017. Its down 0.09, from 1.09 in 2017Q3. It fall, as 18 investors sold CVG shares while 84 reduced holdings. 38 funds opened positions while 64 raised stakes. 88.84 million shares or 5.72% less from 94.23 million shares in 2017Q3 were reported. New York State Common Retirement Fund has 192,952 shares for 0.01% of their portfolio. Us Comml Bank De owns 90,162 shares or 0.01% of their US portfolio. Stifel Corporation invested in 0.02% or 312,419 shares. Trillium Asset Mngmt Ltd Liability Company holds 0.09% or 69,325 shares. Tower Rech Cap Lc (Trc) reported 0.01% of its portfolio in Convergys Corporation (NYSE:CVG). Guggenheim Cap Ltd Liability Com invested 0.01% in Convergys Corporation (NYSE:CVG). Wright Investors Serv owns 9,946 shares or 0.08% of their US portfolio. Citigroup holds 104,705 shares. Manchester Capital Ltd Liability holds 1,056 shares or 0% of its portfolio. Moreover, Voya Inv Mgmt Ltd Company has 0.01% invested in Convergys Corporation (NYSE:CVG) for 226,129 shares. Gam Ag reported 0.05% stake. Dimensional Fund LP holds 7.83M shares or 0.08% of its portfolio. Nomura invested in 0% or 11,235 shares. Caisse De Depot Et Placement Du Quebec invested 0.02% of its portfolio in Convergys Corporation (NYSE:CVG). Cornerstone Advsrs has 0% invested in Convergys Corporation (NYSE:CVG) for 24 shares.

Convergys Corporation (NYSE:CVG) Institutional Positions Chart