As Merck & Co (MRK) Share Price Rose, Holder Cliftonlarsonallen Wealth Advisors Lowered …

Bridgewater Associates Lp decreased its stake in Open Text Corp (OTEX) by 23.98% based on its latest 2019Q1 regulatory filing with the SEC.

Merck & Co., Inc. (NYSE:MRK) Logo

Bridgewater Associates Lp decreased its stake in Open Text Corp (OTEX) by 23.98% based on its latest 2019Q1 regulatory filing with the SEC. Bridgewater Associates Lp sold 20,028 shares as the company’s stock rose 10.90% . The hedge fund held 63,508 shares of the edp services company at the end of 2019Q1, valued at $2.44M, down from 83,536 at the end of the previous reported quarter. Bridgewater Associates Lp who had been investing in Open Text Corp for a number of months, seems to be less bullish one the $11.20 billion market cap company. The stock increased 2.98% or $1.2 during the last trading session, reaching $41.53. About 1.06 million shares traded or 57.65% up from the average. Open Text Corporation (NASDAQ:OTEX) has risen 15.34% since September 5, 2018 and is uptrending. It has outperformed by 15.34% the S&P500. Some Historical OTEX News: 09/05/2018 – OPEN TEXT 3Q ADJ EPS 54C, EST. 62C; 02/04/2018 MADHU RANGANATHAN JOINS OPENTEXT AS CHIEF FINANCIAL OFFICER; 09/05/2018 – Open Text 3Q EPS 22c; 09/05/2018 – OPEN TEXT 3Q REV. $686M, EST. $691.8M; 18/05/2018 – Document Management Software 2018: Global Procurement Market Intelligence Report – Top Five Players are Adobe, OpenText, Dropbox, HP, and Oracle – ResearchAndMarkets.com; 17/04/2018 – Hedge fund manager Cliff Robbins reveals investment in software company Open Text; 09/05/2018 – OPENTEXT BOOSTS QTR DIV BY 15%; 09/05/2018 – OPENTEXT BOOSTS QTR DIV TO 15.18C/SHR FROM 13.2C, EST. 15.5C; 02/04/2018 – Open Text Names Madhu Ranganathan CFO; 15/05/2018 – OpenText to Bring Security to the Edges of the Network and Beyond

Cliftonlarsonallen Wealth Advisors Llc decreased its stake in Merck & Co Inc (MRK) by 42.4% based on its latest 2019Q1 regulatory filing with the SEC. Cliftonlarsonallen Wealth Advisors Llc sold 13,421 shares as the company’s stock rose 5.42% . The institutional investor held 18,231 shares of the health care company at the end of 2019Q1, valued at $1.52 million, down from 31,652 at the end of the previous reported quarter. Cliftonlarsonallen Wealth Advisors Llc who had been investing in Merck & Co Inc for a number of months, seems to be less bullish one the $220.42B market cap company. The stock increased 0.05% or $0.04 during the last trading session, reaching $86.09. About 6.17M shares traded. Merck & Co., Inc. (NYSE:MRK) has risen 28.05% since September 5, 2018 and is uptrending. It has outperformed by 28.05% the S&P500. Some Historical MRK News: 07/03/2018 – MERCK – TO PAY EISAI UPFRONT PAYMENT OF $300 MLN U.S. DOLLARS AND UP TO $650 MILLION U.S. DOLLARS FOR CERTAIN OPTION RIGHTS THROUGH 2020 AS PER DEAL; 26/03/2018 – Bristol-Myers Squibb Receives Positive CHMP Opinion Recommending Approval of Opdivo Four-Week Dosing Schedule for Advanced Melanoma and Previously Treated Renal Cell Carcinoma; 06/04/2018 – Incyte knocked as combo drug trial with Merck fails; 12/03/2018 – ADXS, $AZN.GB: $ADXS Announces Clinical Hold in Axalimogene Filolisbac Phase 1/2 Combination Study with AstraZeneca’s IMFINZI® (Durvalumab) – ! $AZN.GB $ADXS; 15/05/2018 – MERCK KGAA MRCG.DE SAYS CONTINUES TO EXPECT FOR THE FULL YEAR 2018 A MODERATE ORGANIC NET SALES INCREASE OF BETWEEN 3% AND 5% OVER THE PREVIOUS YEAR; 16/04/2018 – BRISTOL-MYERS SQUIBB CO – THERE WERE NO STATISTICALLY SIGNIFICANT DIFFERENCES BETWEEN 2 ARMS FOR PFS FOR OPDIVO & INVESTIGATOR’S CHOICE, RESPECTIVELY; 06/04/2018 – IGNORE: MERCK KGAA EVOBRUTINIB STUDY RESULTS REPORTED MAR. 7; 27/03/2018 – ADVISORY-Alerts on Merck & Co’s fast-track designation for tepotinib withdrawn; 08/05/2018 – NEON THERAPEUTICS ANNOUNCES FIRST PATIENT TREATED IN CLINICAL TRIAL EVALUATING PERSONAL CANCER VACCINE NEO-PV-01 IN COMBINATION WITH KEYTRUDA® (PEMBROLIZUMAB) AND CHEMOTHERAPY; 10/04/2018 – Oncolytics Biotech: Combination Therapy With REOLYSIN(R), Keytruda(R) and/or anti-CD73 Immunotherapy Led to Rejection of Pre-Established Tumors

Analysts await Open Text Corporation (NASDAQ:OTEX) to report earnings on October, 30. They expect $0.32 earnings per share, up 146.15% or $0.19 from last year’s $0.13 per share. OTEX’s profit will be $86.28M for 32.45 P/E if the $0.32 EPS becomes a reality. After $0.27 actual earnings per share reported by Open Text Corporation for the previous quarter, Wall Street now forecasts 18.52% EPS growth.

More notable recent Open Text Corporation (NASDAQ:OTEX) news were published by: Fool.ca which released: “This 1 Stock Is All You Need to Retire Wealthy – The Motley Fool Canada” on August 07, 2019, also Nasdaq.com with their article: “Open Text Corporation (OTEX) Ex-Dividend Date Scheduled for May 30, 2019 – Nasdaq” published on May 29, 2019, Nasdaq.com published: “RSI Alert: Open Text Now Oversold – Nasdaq” on August 02, 2019. More interesting news about Open Text Corporation (NASDAQ:OTEX) were released by: Nasdaq.com and their article: “Open Text (OTEX) Soars to 52-Week High, Time to Cash Out? – Nasdaq” published on June 10, 2019 as well as Nasdaq.com‘s news article titled: “Open Text Corporation (OTEX) Ex-Dividend Date Scheduled for August 29, 2019 – Nasdaq” with publication date: August 28, 2019.

Bridgewater Associates Lp, which manages about $16.33 billion US Long portfolio, upped its stake in Signature Bk New York N Y (NASDAQ:SBNY) by 23,115 shares to 28,981 shares, valued at $3.71M in 2019Q1, according to the filing. It also increased its holding in Ishares Tr (EMB) by 88,073 shares in the quarter, for a total of 1.85 million shares, and has risen its stake in Anadarko Pete Corp (NYSE:APC).

More notable recent Merck & Co., Inc. (NYSE:MRK) news were published by: Forbes.com which released: “How Important Is Keytruda For Merck? – Forbes” on August 29, 2019, also Streetinsider.com with their article: “Merck (MRK) announces EC Approves its KEYTRUDA in Combination with Inlyta as First-Line Treatment for Patients with Advanced RCC – StreetInsider.com” published on September 04, 2019, Seekingalpha.com published: “HHS pledges $23M for Merck’s Ebola vaccine – Seeking Alpha” on August 22, 2019. More interesting news about Merck & Co., Inc. (NYSE:MRK) were released by: Seekingalpha.com and their article: “Leerink likes Merck in premarket analyst action – Seeking Alpha” published on August 16, 2019 as well as Fool.com‘s news article titled: “Why Jim Cramer’s Negative Take on Pfizer Is Flat-Out Wrong – The Motley Fool” with publication date: August 27, 2019.

Investors sentiment decreased to 0.81 in Q1 2019. Its down 0.11, from 0.92 in 2018Q4. It worsened, as 50 investors sold MRK shares while 702 reduced holdings. 141 funds opened positions while 468 raised stakes. 1.86 billion shares or 4.24% less from 1.94 billion shares in 2018Q4 were reported. Wealthquest Corp has invested 0.78% of its portfolio in Merck & Co., Inc. (NYSE:MRK). Westpac Banking holds 355,845 shares or 0% of its portfolio. Archford Capital Strategies Limited Liability Co reported 8,350 shares stake. Moreover, Mcmillion Mgmt Inc has 1.86% invested in Merck & Co., Inc. (NYSE:MRK). 1St Source State Bank has 120,312 shares. Pnc Fin Svcs Group has invested 0.73% in Merck & Co., Inc. (NYSE:MRK). Royal Comml Bank Of Canada reported 0.46% stake. Prudential Public Limited Liability Co reported 0.67% of its portfolio in Merck & Co., Inc. (NYSE:MRK). Stifel Financial has 4.42M shares for 1.04% of their portfolio. Cornerstone Capital holds 0.09% or 6,841 shares in its portfolio. 6,452 were reported by Spectrum Gp. National Bank Of America Corporation De reported 42.43M shares or 0.55% of all its holdings. Whittier invested 0.73% of its portfolio in Merck & Co., Inc. (NYSE:MRK). Centurylink Mngmt reported 39,093 shares. Inverness Counsel Llc New York accumulated 0.13% or 27,884 shares.

Cliftonlarsonallen Wealth Advisors Llc, which manages about $2.03B and $914.42M US Long portfolio, upped its stake in Ishares Tr (FLOT) by 136,080 shares to 356,632 shares, valued at $18.16 million in 2019Q1, according to the filing. It also increased its holding in Ishares Tr by 31,201 shares in the quarter, for a total of 132,476 shares, and has risen its stake in Ishares Tr (GOVT).

Merck & Co., Inc. (NYSE:MRK) Institutional Positions Chart

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Millennium Management Holding in Open Text (OTEX) Has Lowered by $6.33 Million as Share …

Millennium Management Llc decreased its stake in Open Text Corp (OTEX) by 48.9% based on its latest 2019Q1 regulatory filing with the SEC.

Open Text Corporation (NASDAQ:OTEX) Logo

Millennium Management Llc decreased its stake in Open Text Corp (OTEX) by 48.9% based on its latest 2019Q1 regulatory filing with the SEC. Millennium Management Llc sold 166,635 shares as the company’s stock rose 10.90% . The hedge fund held 174,099 shares of the edp services company at the end of 2019Q1, valued at $6.69M, down from 340,734 at the end of the previous reported quarter. Millennium Management Llc who had been investing in Open Text Corp for a number of months, seems to be less bullish one the $10.42 billion market cap company. The stock decreased 0.21% or $0.08 during the last trading session, reaching $38.49. About 357,188 shares traded. Open Text Corporation (NASDAQ:OTEX) has risen 15.34% since August 26, 2018 and is uptrending. It has outperformed by 15.34% the S&P500. Some Historical OTEX News: 27/04/2018 – Global $5.8 Bn Digital Forensics Market 2018-2023 – Leading Players are LogRhythm, AccessData, Open Text Corp and Cisco Systems – ResearchAndMarkets.com; 02/04/2018 – MADHU RANGANATHAN JOINS OPENTEXT AS CFO; 03/05/2018 – Open Text Access Event Scheduled By National Bank Financial; 09/05/2018 – OPENTEXT BOOSTS QTR DIV BY 15%; 17/04/2018 – BLUE HARBOUR GROUP LP CEO CLIFF ROBBINS TELLS 13D MONITOR CONFERENCE THAT THERE IS “POTENTIAL FOR A STRATEGIC SALE DOWN THE ROAD” FOR OPEN TEXT CORP OTEX.TO , IN WHICH BLUE HARBOUR OWNS 4 PCT STAKE; 17/04/2018 – Open Text Closes Above 50-Day Moving Average: Technicals; 17/04/2018 – 13D CONF: BLUE HARBOUR’S ROBBINS DISCUSSING OPEN TEXT; 30/05/2018 – OPENTEXT REPORTS REPRICING & AMENDMENT OF CREDIT LINES; 09/05/2018 – OPENTEXT BOOSTS QTR DIV TO 15.18C/SHR FROM 13.2C, EST. 15.5C; 09/05/2018 – Acuity Modernizes Customer Communications Management with OpenText Exstream and ValueMomentum

Horan Capital Management increased its stake in Thor Inds Inc (THO) by 46.64% based on its latest 2019Q1 regulatory filing with the SEC. Horan Capital Management bought 24,379 shares as the company’s stock declined 7.91% . The institutional investor held 76,645 shares of the consumer non-durables company at the end of 2019Q1, valued at $4.78M, up from 52,266 at the end of the previous reported quarter. Horan Capital Management who had been investing in Thor Inds Inc for a number of months, seems to be bullish on the $2.41B market cap company. The stock increased 1.49% or $0.64 during the last trading session, reaching $43.7. About 857,363 shares traded. Thor Industries, Inc. (NYSE:THO) has declined 36.90% since August 26, 2018 and is downtrending. It has underperformed by 36.90% the S&P500. Some Historical THO News: 08/03/2018 – THOR MINING: TO FOCUS ON TUNGSTEN AND COPPER INTERESTS; 29/03/2018 – THOR MINING PLC THRL.L – THOR’S EQUITY INTEREST IN USA LITHIUM NOW STANDS AT 6.25 PCT; 08/03/2018 – THOR MINING-SHOULD FOCUS FINANCIAL, MANAGEMENT RESOURCES ON RAPID COMMERCIALISATION OF THREE TUNGSTEN, COPPER INTERESTS AND RELATED NEW OPPORTUNITIES; 16/03/2018 – THOR MINING : WON’T PROCEED W/ WESTERN SHAW AT THIS TIME; 30/05/2018 – Thor Announces Final Date for Earnings Release; 19/04/2018 – THOR MINING PLC THRL.L – UPDATE ON BONYA TUNGSTEN & COPPER PROSPECT; 07/03/2018 – Thor Industries 2Q Net $79.8M; 19/04/2018 – NARA: Lecture and Book Signing with Brad Thor; 07/03/2018 – THOR INDUSTRIES 2Q EPS CONT OPS $1.51, EST. $1.93; 08/03/2018 – Thor Mining to Concentrate Resources on Three Key Projects

Since July 8, 2019, it had 1 insider purchase, and 0 selling transactions for $202,880 activity.

More notable recent Thor Industries, Inc. (NYSE:THO) news were published by: Finance.Yahoo.com which released: “How Much Did Thor Industries, Inc.’s (NYSE:THO) CEO Pocket Last Year? – Yahoo Finance” on June 10, 2019, also Streetinsider.com with their article: “Thor Industries (THO) Announces Andy Graves as New Independent Chairman – StreetInsider.com” published on July 29, 2019, Seekingalpha.com published: “Camping World wipeout hangs over RV sector – Seeking Alpha” on August 08, 2019. More interesting news about Thor Industries, Inc. (NYSE:THO) were released by: Finance.Yahoo.com and their article: “What You Must Know About Thor Industries, Inc.’s (NYSE:THO) Beta Value – Yahoo Finance” published on July 15, 2019 as well as Seekingalpha.com‘s news article titled: “Wall Street Brunch – Seeking Alpha” with publication date: August 25, 2019.

Investors sentiment increased to 1.31 in 2019 Q1. Its up 0.46, from 0.85 in 2018Q4. It improved, as 39 investors sold THO shares while 88 reduced holdings. 43 funds opened positions while 124 raised stakes. 46.11 million shares or 1.17% more from 45.57 million shares in 2018Q4 were reported. Bokf Na holds 13,033 shares or 0.02% of its portfolio. Dekabank Deutsche Girozentrale invested in 62,116 shares. Parsec Fincl Mgmt Inc holds 0.02% or 5,625 shares. Exane Derivatives reported 1,403 shares. Synovus Financial stated it has 0% of its portfolio in Thor Industries, Inc. (NYSE:THO). Dearborn Prtnrs Limited Liability Company accumulated 4,067 shares. Deroy & Devereaux Private Investment Counsel Inc invested 1.76% in Thor Industries, Inc. (NYSE:THO). Moreover, Panagora Asset Management has 0.05% invested in Thor Industries, Inc. (NYSE:THO) for 162,380 shares. Huntington Bancorporation has invested 0% in Thor Industries, Inc. (NYSE:THO). Gradient Limited Liability Corporation holds 0% of its portfolio in Thor Industries, Inc. (NYSE:THO) for 50 shares. Goldman Sachs Grp invested in 0.03% or 1.55 million shares. M&T Commercial Bank Corporation holds 3,436 shares or 0% of its portfolio. First Hawaiian Financial Bank stated it has 0.01% in Thor Industries, Inc. (NYSE:THO). Lenox Wealth Mngmt has invested 0.03% in Thor Industries, Inc. (NYSE:THO). Mutual Of America Cap Mgmt Limited Liability owns 95,836 shares or 0.09% of their US portfolio.

Millennium Management Llc, which manages about $66.82B US Long portfolio, upped its stake in Unitedhealth Group Inc (Call) (NYSE:UNH) by 25,000 shares to 40,000 shares, valued at $9.89 million in 2019Q1, according to the filing. It also increased its holding in Lennar Corp (NYSE:LEN) by 482,718 shares in the quarter, for a total of 596,333 shares, and has risen its stake in Neophotonics Corp (NYSE:NPTN).

Thor Industries, Inc. (NYSE:THO) Institutional Positions Chart

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Cloud-based Content Management Services Market Size, Status and Growth Opportunities by …

Some are the key players taken under coverage for this study are OpenText, IBM, Adobe Systems, Oracle, SDL, Sitecore, Episerver, Acquia, E-Spirit, …

HTF MI released a new market study on Global Cloud-based Content Management Services Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. The Research report presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. The research study provides estimates for Global Cloud-based Content Management Services Forecast till 2025*. Some are the key players taken under coverage for this study are OpenText, IBM, Adobe Systems, Oracle, SDL, Sitecore, Episerver, Acquia, E-Spirit, Rackspace Hosting & Crownpeak Technology.

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Following are list of players that are currently profiled in the the report “OpenText, IBM, Adobe Systems, Oracle, SDL, Sitecore, Episerver, Acquia, E-Spirit, Rackspace Hosting & Crownpeak Technology”

** List of companies mentioned may vary in the final report subject to Name Change / Merger etc.

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2-Page profiles for 10+ leading manufacturers and 10+ leading retailers is included, along with 3 years financial history to illustrate the recent performance of the market. Revised and updated discussion for 2018 of key macro and micro market influences impacting the sector are provided with a thought-provoking qualitative comment on future opportunities and threats. This report combines the best of both statistically relevant quantitative data from the industry, coupled with relevant and insightful qualitative comment and analysis.

Global Cloud-based Content Management Services Product Types In-Depth: , Cloud & On-Premises

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Geographical Analysis: United States, Europe, China, Japan, Southeast Asia, India & Central & South America

In order to get a deeper view of Market Size, competitive landscape is provided i.e. Revenue (Million USD) by Players (2013-2018), Revenue Market Share (%) by Players (2013-2018) and further a qualitative analysis is made towards market concentration rate, product/service differences, new entrants and the technological trends in future.

Competitive Analysis:

The key players are highly focusing innovation in production technologies to improve efficiency and shelf life. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and financial flexibility to invest in the optimal strategies. Company profile section of players such as OpenText, IBM, Adobe Systems, Oracle, SDL, Sitecore, Episerver, Acquia, E-Spirit, Rackspace Hosting & Crownpeak Technology includes its basic information like legal name, website, headquarters, its market position, historical background and top 5 closest competitors by Market capitalization / revenue along with contact information. Each player/ manufacturer revenue figures, growth rate and gross profit margin is provided in easy to understand tabular format for past 5 years and a separate section on recent development like mergers, acquisition or any new product/service launch etc.

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History Year: 2013-2017

Base Year: 2017

Estimated Year: 2018

Forecast Year 2018 to 2025

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Cloud-based Content Management Services Manufacturers

Cloud-based Content Management Services Distributors/Traders/Wholesalers

Cloud-based Content Management Services Subcomponent Manufacturers

Industry Association

Downstream Vendors

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As Open Text (OTEX) Stock Rose, Holder Bridgewater Associates LP Has Trimmed Its Holding by …

Bridgewater Associates Lp decreased its stake in Open Text Corp (OTEX) by 23.98% based on its latest 2019Q1 regulatory filing with the SEC.

Open Text Corporation (NASDAQ:OTEX) Logo

Knightsbridge Asset Management Llc increased its stake in Mckesson Corp (MCK) by 92.1% based on its latest 2019Q1 regulatory filing with the SEC. Knightsbridge Asset Management Llc bought 34,208 shares as the company’s stock declined 5.86% while stock markets rallied. The institutional investor held 71,351 shares of the other pharmaceuticals company at the end of 2019Q1, valued at $8.35 million, up from 37,143 at the end of the previous reported quarter. Knightsbridge Asset Management Llc who had been investing in Mckesson Corp for a number of months, seems to be bullish on the $25.88 billion market cap company. The stock increased 0.54% or $0.74 during the last trading session, reaching $138.86. About 542,634 shares traded. McKesson Corporation (NYSE:MCK) has declined 16.36% since July 26, 2018 and is downtrending. It has underperformed by 20.79% the S&P500. Some Historical MCK News: 15/05/2018 – Deerfield Adds Homology Medicines Inc., Cuts McKesson: 13F; 20/04/2018 – McKesson: Committee Makes Recommendations to Further Strengthen Compliance Framework; 09/04/2018 – MCKESSON, AMERICAN PHARMACY COOPERATIVE IN JV FOR PHARMACIES; 25/04/2018 – MCKESSON – INVESTMENT TO SUPPORT GROWTH INITIATIVES WILL BE PARTIALLY FUNDED BY SAVINGS FROM OPTIMIZATION OF CO’S OPERATING MODEL; 26/03/2018 – McKesson Corp Redeems 7.5% Notes Due 2019; 25/04/2018 – MCKESSON – RESTRUCTURING PLAN CONSISTS OF AFTER-TAX GAAP CHARGES THAT ARE ESTIMATED TO BE APPROXIMATELY $150 MLN TO $210 MLN; 24/04/2018 – PolarityTE Announces Appointment of McKesson’s Willie Bogan to Board of Directors; 30/04/2018 – McKesson Board Increases to Nine Members, Eight of Whom Are Independent; 25/04/2018 – McKesson Launches Multi-Year Strategic Growth Initiative; Reaffirms Fiscal 2018 Outlook, Provides Preliminary Fiscal 2019 Outlook; 25/04/2018 – McKesson: Will Incur Restructuring and Other Charges in Fiscal 2019

Bridgewater Associates Lp decreased its stake in Open Text Corp (OTEX) by 23.98% based on its latest 2019Q1 regulatory filing with the SEC. Bridgewater Associates Lp sold 20,028 shares as the company’s stock rose 7.74% with the market. The hedge fund held 63,508 shares of the edp services company at the end of 2019Q1, valued at $2.44 million, down from 83,536 at the end of the previous reported quarter. Bridgewater Associates Lp who had been investing in Open Text Corp for a number of months, seems to be less bullish one the $11.90B market cap company. The stock increased 0.39% or $0.17 during the last trading session, reaching $44.08. About 523,151 shares traded. Open Text Corporation (NASDAQ:OTEX) has risen 15.27% since July 26, 2018 and is uptrending. It has outperformed by 10.84% the S&P500. Some Historical OTEX News: 23/05/2018 – S&PGR Rates Open Text’s Prpsd US$1B Term Loan ‘BBB-‘ (RR: ‘1’); 17/04/2018 – Open Text Closes Above 50-Day Moving Average: Technicals; 10/05/2018 – OPEN TEXT CORP OTEX.TO : BARCLAYS RAISES TARGET PRICE TO C$59 FROM C$57; 15/05/2018 – OpenText to Bring Security to the Edges of the Network and Beyond; 09/05/2018 – OPEN TEXT CORP OTEX.TO – ANNOUNCING A 15% INCREASE TO QUARTERLY CASH DIVIDEND TO $0.1518 PER SHARE; 30/05/2018 – OPENTEXT REPORTS REPRICING & AMENDMENT OF CREDIT LINES; 09/05/2018 – Open Text 3Q Adj EPS 54c; 09/05/2018 – Open Text 3Q Rev $685.9M; 02/04/2018 MADHU RANGANATHAN JOINS OPENTEXT AS CHIEF FINANCIAL OFFICER; 17/04/2018 – BLUE HARBOUR GROUP LP CEO CLIFF ROBBINS TELLS 13D MONITOR CONFERENCE THAT THERE IS “POTENTIAL FOR A STRATEGIC SALE DOWN THE ROAD” FOR OPEN TEXT CORP OTEX.TO , IN WHICH BLUE HARBOUR OWNS 4 PCT STAKE

Investors sentiment increased to 1.03 in Q1 2019. Its up 0.29, from 0.74 in 2018Q4. It increased, as 50 investors sold MCK shares while 236 reduced holdings. 73 funds opened positions while 221 raised stakes. 161.85 million shares or 4.23% less from 169.00 million shares in 2018Q4 were reported. Moreover, Redmond Asset Mngmt Limited Liability Corp has 0.43% invested in McKesson Corporation (NYSE:MCK) for 8,387 shares. Banque Pictet And Cie has 52,871 shares for 0.12% of their portfolio. New York-based Indexiq Limited Liability has invested 0.13% in McKesson Corporation (NYSE:MCK). Moreover, Clarivest Asset Ltd Company has 0.01% invested in McKesson Corporation (NYSE:MCK). Peoples Fin Svcs Corporation accumulated 100 shares. Vanguard Gp accumulated 16.29 million shares. Whittier Trust Of Nevada, Nevada-based fund reported 15,550 shares. Loomis Sayles & Communications Ltd Partnership has invested 0.01% of its portfolio in McKesson Corporation (NYSE:MCK). Wetherby Asset Inc holds 0.08% or 5,436 shares in its portfolio. 14.79 million were accumulated by Blackrock. Us National Bank De invested in 149,562 shares. Tru Department Mb Bank & Trust N A holds 0.45% of its portfolio in McKesson Corporation (NYSE:MCK) for 31,431 shares. Mason Street Advsr Ltd Liability Co holds 0.07% or 27,366 shares in its portfolio. Bridges Invest Mgmt Inc has invested 0.02% in McKesson Corporation (NYSE:MCK). Strategic Financial Service Inc accumulated 0.61% or 37,550 shares.

Knightsbridge Asset Management Llc, which manages about $398.58M and $131.02M US Long portfolio, decreased its stake in Seritage Growth Pptys by 102,915 shares to 107,067 shares, valued at $4.76 million in 2019Q1, according to the filing.

More notable recent McKesson Corporation (NYSE:MCK) news were published by: Seekingalpha.com which released: “Drug distributors down on opioid epidemic risk – Seeking Alpha” on July 17, 2019, also Seekingalpha.com with their article: “Broyhill Asset Management – McKesson Corporation – Seeking Alpha” published on March 13, 2019, Seekingalpha.com published: “McKesson: Don’t Sell Into Pending Upmove – Seeking Alpha” on March 17, 2019. More interesting news about McKesson Corporation (NYSE:MCK) were released by: Seekingalpha.com and their article: “McKesson: Homing In On A Bottom – Seeking Alpha” published on December 17, 2018 as well as Seekingalpha.com‘s news article titled: “McKesson Shares To Attempt Another Breakout – Seeking Alpha” with publication date: June 28, 2019.

Analysts await Open Text Corporation (NASDAQ:OTEX) to report earnings on August, 1. They expect $0.37 earnings per share, up 60.87% or $0.14 from last year’s $0.23 per share. OTEX’s profit will be $99.86 million for 29.78 P/E if the $0.37 EPS becomes a reality. After $0.27 actual earnings per share reported by Open Text Corporation for the previous quarter, Wall Street now forecasts 37.04% EPS growth.

McKesson Corporation (NYSE:MCK) Institutional Positions Chart

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Reviewing Paycom Software Inc. (PAYC)’s and Open Text Corporation (NASDAQ:OTEX)’s results

This is therefore a comparing of the risk, analyst recommendations, … It provides functionality and data analytics that businesses need to manage the … including embedded reporting and visualization, and big data analysis; and …

This is therefore a comparing of the risk, analyst recommendations, institutional ownership, profitability, dividends, earnings and valuation in Paycom Software Inc. (NYSE:PAYC) and Open Text Corporation (NASDAQ:OTEX). The two are both Application Software companies that compete with one another.

Valuation & Earnings

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Paycom Software Inc. 190 22.24 N/A 2.45 83.39
Open Text Corporation 39 4.00 N/A 1.02 39.22

Table 1 shows the top-line revenue, earnings per share (EPS) and valuation for Paycom Software Inc. and Open Text Corporation. Open Text Corporation seems to has lower revenue and earnings compared to Paycom Software Inc. The company that is more expensive between the two has a higher price-to-earnings ratio. Paycom Software Inc. is thus presently the expensive of the two stocks because it has a higher price-to-earnings ratio.

Profitability

Table 2 has Paycom Software Inc. and Open Text Corporation’s return on assets, return on equity and net margins.

Net Margins Return on Equity Return on Assets
Paycom Software Inc. 0.00% 0% 0%
Open Text Corporation 0.00% 7.3% 3.6%

Volatility & Risk

Paycom Software Inc.’s 1.82 beta indicates that its volatility is 82.00% more volatile than that of S&P 500. Open Text Corporation’s 0.52 beta is the reason why it is 48.00% less volatile than S&P 500.

Liquidity

The Current Ratio of Paycom Software Inc. is 1 while its Quick Ratio stands at 1. The Current Ratio of rival Open Text Corporation is 1.4 and its Quick Ratio is has 1.4. Open Text Corporation is better equipped to clear short and long-term obligations than Paycom Software Inc.

Analyst Ratings

The table shown features the ratings and recommendations for Paycom Software Inc. and Open Text Corporation.

Sell Ratings Hold Ratings Buy Ratings Rating Score
Paycom Software Inc. 0 2 2 2.50
Open Text Corporation 0 0 0 0.00

Paycom Software Inc. has a consensus price target of $193.2, and a -17.01% downside potential.

Institutional & Insider Ownership

Institutional investors owned 77.8% of Paycom Software Inc. shares and 77.8% of Open Text Corporation shares. About 8.4% of Paycom Software Inc.’s share are owned by insiders. Competitively, insiders own roughly 2.3% of Open Text Corporation’s shares.

Performance

In this table we show the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of both pretenders.

Performance (W) Performance (M) Performance (Q) Performance (HY) Performance (Y) Performance (YTD)
Paycom Software Inc. -0.18% 7.48% 18.1% 60.98% 100.36% 66.92%
Open Text Corporation -0.77% 3.42% 7.74% 20.82% 15.27% 22.48%

For the past year Paycom Software Inc. was more bullish than Open Text Corporation.

Summary

Paycom Software Inc. beats Open Text Corporation on 9 of the 11 factors.

Paycom Software, Inc. provides cloud-based human capital management (HCM) software solution that is delivered as software-as-a-service for small to mid-sized companies in the United States. It provides functionality and data analytics that businesses need to manage the employment life cycle from recruitment to retirement. The companyÂ’s HCM solution offers a suite of applications in the areas of talent acquisition, including applicant tracking, candidate tracker, background checks, on-boarding, E-Verify, and tax credit service applications; and time and labor management, such as time and attendance, scheduling/schedule exchange, time-off requests, labor allocation, labor management reports/push reporting, and geofencing/geotracking applications. Its HCM solution also provides payroll applications comprising payroll and tax management, Paycom Pay, expense management, garnishment management, and GL Concierge applications; and talent management applications that include employee self-service, compensation budgeting, performance management, executive dashboard, and Paycom learning applications. In addition, the companyÂ’s HCM solution offers HR management applications, which comprise document and task management, government and compliance, benefits administration/benefits to carrier, COBRA administration, personnel action forms, surveys, and affordable care act applications. Paycom Software, Inc. was founded in 1998 and is headquartered in Oklahoma City, Oklahoma.

Open Text Corporation provides a suite of software products and services that assist organizations in finding, utilizing, and sharing business information from various devices. The company offers content solutions that provide content and records management, archiving, and email management and capture solutions, as well as Core, a software as a service based multi-tenant cloud solution; business process management for analyzing, automating, monitoring, and optimizing structured business processes; and customer experience management products, which offer Web content management, digital asset management, customer communications management, social software, and portal. Its products also include business network solutions comprising business-to-business integration, fax solutions, and secure messaging; analytics solutions, including embedded reporting and visualization, and big data analysis; and discovery solutions consisting of search, semantic navigation, and auto classification, as well as InfoFusion to deal with the issue of ‘information silos’ resulting from disconnected information sources across the enterprise. In addition, the company provides customer support programs that include access to software upgrades, a knowledge base, discussions, product information, and an online mechanism to post and review trouble tickets. Further, it offers professional services, such as consulting and learning services relating for the implementation, training, and integration of its product offerings into the customer’s systems; and cloud services that allow its customers to make use of its OpenText software, services, and content over Internet enabled networks. The company serves organizations, mid-market companies, and government agencies worldwide. It has strategic partnerships with SAP SE, Microsoft Corporation, Oracle Corporation, Accenture plc, Deloitte Consulting LLP, and others. Open Text Corporation was founded in 1991 and is headquartered in Waterloo, Canada.

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