Hartford Investment Management Co. acquired a new stake in Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 6,420 shares of the business services provider’s stock, valued at approximately $207,000.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Manning & Napier Group LLC acquired a new position in shares of Altisource Portfolio Solutions during the 3rd quarter worth $446,000. O Shaughnessy Asset Management LLC grew its stake in shares of Altisource Portfolio Solutions by 48.4% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 74,107 shares of the business services provider’s stock worth $2,388,000 after purchasing an additional 24,161 shares during the period. CQS Cayman LP grew its stake in shares of Altisource Portfolio Solutions by 46.3% during the 2nd quarter. CQS Cayman LP now owns 95,090 shares of the business services provider’s stock worth $2,773,000 after purchasing an additional 30,090 shares during the period. Schwab Charles Investment Management Inc. grew its stake in shares of Altisource Portfolio Solutions by 5.6% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 161,522 shares of the business services provider’s stock worth $4,712,000 after purchasing an additional 8,591 shares during the period. Finally, BlackRock Inc. grew its stake in shares of Altisource Portfolio Solutions by 2.0% during the 2nd quarter. BlackRock Inc. now owns 796,910 shares of the business services provider’s stock worth $23,246,000 after purchasing an additional 15,707 shares during the period. 72.69% of the stock is currently owned by institutional investors.
NASDAQ:ASPS opened at $22.06 on Friday. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.82 and a current ratio of 1.82. Altisource Portfolio Solutions S.A. has a fifty-two week low of $21.05 and a fifty-two week high of $37.86. The firm has a market cap of $361.05 million, a PE ratio of 7.88 and a beta of 1.09.
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Altisource Portfolio Solutions Profile
Altisource Portfolio Solutions SA operates as an integrated service provider and marketplace for the real estate and mortgage industries in the United States. It operates in two segments, Mortgage Market and Real Estate Market. The company offers property preservation and inspection, real estate brokerage and auction, title insurance and settlement, appraisal management, broker and non-broker valuation, foreclosure trustee, residential and commercial loan servicing technology, vendor management, marketplace transaction and payment management technology, document management platform, default services technology, and mortgage charge-off collection services.
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