Hancock Whitney Corp Acquires Shares of 60,022 Upland Software Inc (NASDAQ:UPLD)

Share on StockTwits

Hancock Whitney Corp acquired a new stake in shares of Upland Software Inc (NASDAQ:UPLD) during the fourth quarter, HoldingsChannel reports. The fund acquired 60,022 shares of the software maker’s stock, valued at approximately $2,143,000.

A number of other institutional investors also recently modified their holdings of UPLD. CDAM UK Ltd boosted its holdings in shares of Upland Software by 26.2% during the 3rd quarter. CDAM UK Ltd now owns 1,154,511 shares of the software maker’s stock valued at $40,246,000 after buying an additional 239,485 shares in the last quarter. Pembroke Management LTD boosted its holdings in shares of Upland Software by 0.4% during the 3rd quarter. Pembroke Management LTD now owns 558,774 shares of the software maker’s stock valued at $19,479,000 after buying an additional 2,374 shares in the last quarter. Wedge Capital Management L L P NC bought a new stake in shares of Upland Software during the 4th quarter valued at $17,078,000. Ashford Capital Management Inc. boosted its holdings in shares of Upland Software by 18.8% during the 3rd quarter. Ashford Capital Management Inc. now owns 414,000 shares of the software maker’s stock valued at $14,432,000 after buying an additional 65,400 shares in the last quarter. Finally, Raging Capital Management LLC boosted its holdings in shares of Upland Software by 193.8% during the 3rd quarter. Raging Capital Management LLC now owns 306,913 shares of the software maker’s stock valued at $10,699,000 after buying an additional 202,450 shares in the last quarter. 81.47% of the stock is currently owned by institutional investors and hedge funds.

A number of analysts have recently commented on UPLD shares. Jefferies Financial Group dropped their target price on shares of Upland Software from $61.00 to $49.00 and set a “buy” rating on the stock in a report on Friday, November 8th. They noted that the move was a valuation call. Credit Suisse Group restated a “buy” rating and set a $48.00 target price on shares of Upland Software in a report on Thursday. ValuEngine upgraded shares of Upland Software from a “sell” rating to a “hold” rating in a research note on Thursday. BidaskClub upgraded shares of Upland Software from a “hold” rating to a “buy” rating in a research note on Tuesday. Finally, Zacks Investment Research cut shares of Upland Software from a “hold” rating to a “sell” rating in a research note on Wednesday, December 11th. One research analyst has rated the stock with a sell rating, one has given a hold rating and nine have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $50.67.

Shares of Upland Software stock opened at $44.60 on Friday. The stock has a market cap of $1.13 billion, a price-to-earnings ratio of -45.51, a PEG ratio of 1.16 and a beta of 0.42. The firm’s 50-day moving average is $39.81 and its 200 day moving average is $38.71. Upland Software Inc has a 1 year low of $32.15 and a 1 year high of $54.87. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.56 and a quick ratio of 1.56.

Upland Software Company Profile

Upland Software, Inc provides cloud-based enterprise work management software in the United States, Canada, and internationally. The company offers a family of software applications under the Upland brand in the areas of information technology (IT), process excellence and operations, finance, professional services, and marketing.

Read More: Is a Roth IRA right for you?

Want to see what other hedge funds are holding UPLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Upland Software Inc (NASDAQ:UPLD).

Institutional Ownership by Quarter for Upland Software (NASDAQ:UPLD)

Receive News & Ratings for Upland Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Upland Software and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


 
© 2006-2020 BBNS.