Matrix Service Co (NASDAQ:MTRX) Institutional Investors Sentiment Up in Q4 2017

It has outperformed by 5.83% the S&P500.

Strs Ohio increased Matrix Service Co (MTRX) stake by 458.67% reported in 2017Q4 SEC filing. Pacific Global Investment Management Company sold 20,050 shares as the company's stock declined 23.25% with the market. Approximately 3.2% of the shares of the company are sold short. Also, the number of active investment managers holding Matrix Service Co in their top 10 stock positions was flat from 2 to 2 for the same number.

Shares of MTRX traded up $0.10 on Friday, reaching $15.45. About 108,691 shares traded. It has underperformed by 24.57% the S&P500.

Since December 15, 2017, it had 0 buys, and 1 insider sale for $88,275 activity.

Investors sentiment increased to 1.42 in Q4 2017. The stock has a market capitalization of $411.64, a P/E ratio of -1,545.00 and a beta of 0.87. The ratio is positive, as 74 active investment managers increased and started new stock positions, while 52 reduced and sold holdings in Matrix Service Co. 45 rose positions while 29 funds amassed positions.

Media coverage about Matrix Service (NASDAQ:MTRX) has trended somewhat positive this week, according to Accern. Prescott Gru Mngmt Llc, Oklahoma-based fund reported 77,850 shares. Manufacturers Life Insur Comm The reported 20,450 shares. Jacobs Levy Equity Inc accumulated 215,465 shares or 0.07% of the stock. State Of Alaska Department Of Revenue has invested 0% of its capital in Matrix Service Company (NASDAQ:MTRX). State Board Of Administration Of Florida Retirement System holds 0% or 24,111 shares in its portfolio. Rhumbline Advisers owns 0% invested in Matrix Service Company (NASDAQ:MTRX) for 63,472 shs. Royal Bancshares Of Canada owns 1,185 shares. Martingale Asset LP holds 0.49% or 218,783 shares. D E Shaw And has 341,535 shares for 0.01% of their portfolio. Price T Rowe Assoc Md stated it has 0% of its portfolio in Matrix Service Company (NASDAQ:MTRX). Prudential Financial, New Jersey-based fund reported 89,152 shares. The company reported $0.20 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.30 by $0.10. If the current earnings per share of $0.08 is accurate, MTRX's profit could hit $2.15 million.

Among 9 analysts covering Matrix Service (NASDAQ:MTRX), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. Avondale Partners cut Matrix Service Company from a "market outperform" rating to a "market perform" rating in a report on Friday, November 18th. The stock of Matrix Service Company (NASDAQ:MTRX) has "Buy" rating given on Wednesday, September 2 by Stifel Nicolaus. ValuEngine lowered shares of Matrix Service from a "hold" rating to a "sell" rating in a research note on Wednesday, March 28th. The stock of Matrix Service Company (NASDAQ:MTRX) earned "Sector Weight" rating by KeyBanc Capital Markets on Thursday, February 11. The stock has "Mkt Outperform" rating by Avondale on Friday, May 6. The company was upgraded on Wednesday, January 13 by Citigroup. The company was maintained on Friday, August 28 by Brean Capital. Barclays Capital maintained Matrix Service Company (NASDAQ:MTRX) on Monday, June 6 with "Overweight" rating. Zacks upgraded the stock to "Sell" rating in Tuesday, September 1 report.

Ivory Investment Management Lp increased Pitney Bowes Inc (NYSE:PBI) stake by 46,180 shares to 619,447 valued at $6.93 million in 2017Q4. Vanguard Group holds 1.49 million shares.

Investors sentiment decreased to 0.84 in Q4 2017. Its up 0.03, from 0.7 in 2017Q3.

A number of research firms have recently commented on MTRX. Matrix Service had a negative return on equity of 1.97% and a negative net margin of 0.59%. Voya Inv Management Ltd Llc holds 0% or 13,255 shs in its capital. 14,408 were reported by Group One Trading L P. Whittier Trust Com invested in 0% or 15 shares. Koch Indus owns 5,963 shares. The Avenir Corp holds 101,162 shares with $17.12M value, down from 122,432 last quarter. One research analyst has rated the stock with a sell rating and four have given a hold rating to the stock. Anthem Inc had 75 analyst reports since July 27, 2015 according to SRatingsIntel. The rating was initiated by Wunderlich on Tuesday, August 2 with "Buy". (NYSE:ANTM) earned "Hold" rating by Stifel Nicolaus on Wednesday, January 4.

MTRX stock opened at $15.45 on Monday. Mizuho maintained the stock with "Hold" rating in Thursday, January 18 report. The firm earned "Hold" rating on Thursday, August 6 by Deutsche Bank. Bnp Paribas Arbitrage invested in 0% or 13,346 shares.

Analysts await Anthem, Inc. They expect $-0.40 earnings per share, up 14.89% or $0.07 from last year's $-0.47 per share. The oil and gas company reported $0.17 EPS for the quarter, beating the Zacks' consensus estimate of $0.16 by $0.01.

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