Manhattan Associates, Inc. (MANH) Reaches $44.30 Formed H&S; Auto Trader Group plc (LON:AUTO) Covered By 12 Bulls

Manhattan Associates, Inc. (NASDAQ:MANH) Logo

Manhattan Associates, Inc. (MANH) formed H&S with $40.31 target or 9.00% below today’s $44.30 share price. Manhattan Associates, Inc. (MANH) has $2.96 billion valuation. The stock increased 0.23% or $0.1 during the last trading session, reaching $44.3. About 349,922 shares traded. Manhattan Associates, Inc. (NASDAQ:MANH) has declined 16.55% since May 17, 2017 and is downtrending. It has underperformed by 28.10% the S&P500.

Among 20 analysts covering Auto Trader Group (LON:AUTO), 12 have Buy rating, 4 Sell and 4 Hold. Therefore 60% are positive. Auto Trader Group had 143 analyst reports since August 19, 2015 according to SRatingsIntel. The firm has “Add” rating by Peel Hunt given on Wednesday, April 4. Canaccord Genuity maintained Auto Trader Group plc (LON:AUTO) on Monday, November 14 with “Buy” rating. The rating was maintained by Liberum Capital with “Buy” on Thursday, May 18. The stock of Auto Trader Group plc (LON:AUTO) earned “Buy” rating by Numis Securities on Thursday, June 9. Credit Suisse maintained the stock with “Neutral” rating in Monday, November 14 report. Barclays Capital maintained it with “Equal Weight” rating and GBX 335 target in Tuesday, November 10 report. Liberum Capital maintained it with “Buy” rating and GBX 530 target in Thursday, April 6 report. Deutsche Bank maintained Auto Trader Group plc (LON:AUTO) on Friday, November 11 with “Hold” rating. Peel Hunt maintained Auto Trader Group plc (LON:AUTO) on Friday, November 11 with “Buy” rating. Numis Securities maintained the shares of AUTO in report on Thursday, June 2 with “Buy” rating. See Auto Trader Group plc (LON:AUTO) latest ratings:

17/05/2018 Broker: Peel Hunt Rating: Add Old Target: GBX 400.00 Maintain
08/05/2018 Broker: UBS Rating: Buy Old Target: GBX 415.00 New Target: GBX 415.00 Maintain
04/05/2018 Broker: Credit Suisse Rating: Underperform Old Target: GBX 330.00 Maintain
04/05/2018 Broker: Peel Hunt Rating: Add Old Target: GBX 400.00 Maintain
19/04/2018 Broker: Peel Hunt Rating: Add New Target: GBX 400.00 Maintain
17/04/2018 Broker: Deutsche Bank Rating: Hold Old Target: GBX 370.00 New Target: GBX 355.00 Maintain
12/04/2018 Broker: Numis Securities Rating: Buy Old Target: GBX 523.00 New Target: GBX 523.00 Maintain
12/04/2018 Broker: BNP Paribas Rating: Neutral New Target: GBX 370.00 Downgrade
05/04/2018 Broker: BNP Paribas Rating: Outperform Old Target: GBX 460.00 Maintain
04/04/2018 Broker: Peel Hunt Rating: Add Old Target: GBX 400.00 Downgrade

Investors sentiment decreased to 1.06 in Q4 2017. Its down 0.27, from 1.33 in 2017Q3. It dived, as 37 investors sold Manhattan Associates, Inc. shares while 71 reduced holdings. 31 funds opened positions while 84 raised stakes. 70.83 million shares or 1.69% less from 72.05 million shares in 2017Q3 were reported. Citadel Advsr Ltd Liability invested 0% of its portfolio in Manhattan Associates, Inc. (NASDAQ:MANH). Alliancebernstein Lp holds 0% or 43,747 shares in its portfolio. 5,285 were accumulated by M&T Bancshares. Blackrock owns 5.81 million shares for 0.01% of their portfolio. Kentucky-based Teachers Retirement System Of The State Of Kentucky has invested 0.01% in Manhattan Associates, Inc. (NASDAQ:MANH). Earnest Prtn Ltd Liability Corporation has invested 0% of its portfolio in Manhattan Associates, Inc. (NASDAQ:MANH). Cwm Limited accumulated 8 shares or 0% of the stock. Neuberger Berman Gru Limited Liability Com reported 5.27 million shares. Amer Capital Mngmt has invested 4.14% in Manhattan Associates, Inc. (NASDAQ:MANH). Ahl Partners Ltd Liability Partnership holds 123,781 shares or 0.1% of its portfolio. First Quadrant Limited Partnership Ca has 9,988 shares for 0.01% of their portfolio. Eaton Vance, Massachusetts-based fund reported 57,154 shares. Laurion Cap Mgmt L P holds 17,475 shares. 24,800 were accumulated by State Treasurer State Of Michigan. Schwab Charles Investment Mngmt accumulated 393,375 shares.

Analysts await Manhattan Associates, Inc. (NASDAQ:MANH) to report earnings on July, 19. They expect $0.35 earnings per share, down 25.53% or $0.12 from last year’s $0.47 per share. MANH’s profit will be $23.39 million for 31.64 P/E if the $0.35 EPS becomes a reality. After $0.32 actual earnings per share reported by Manhattan Associates, Inc. for the previous quarter, Wall Street now forecasts 9.37% EPS growth.

Since March 13, 2018, it had 0 insider purchases, and 3 selling transactions for $1.12 million activity. On Friday, May 4 STORY DENNIS B sold $702,108 worth of Manhattan Associates, Inc. (NASDAQ:MANH) or 16,280 shares. HUNTZ JOHN J JR had sold 3,592 shares worth $163,495. Shares for $252,368 were sold by Richards Bruce.

Among 7 analysts covering Manhattan Assoc (NASDAQ:MANH), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Manhattan Assoc had 14 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Manhattan Associates, Inc. (NASDAQ:MANH) earned “Market Perform” rating by William Blair on Thursday, April 28. William Blair initiated the stock with “Outperform” rating in Tuesday, September 29 report. Brean Capital initiated Manhattan Associates, Inc. (NASDAQ:MANH) rating on Tuesday, January 12. Brean Capital has “Buy” rating and $74 target. On Monday, January 9 the stock rating was downgraded by Raymond James to “Mkt Perform”. The rating was maintained by KeyBanc Capital Markets on Wednesday, August 23 with “Hold”. The firm earned “Buy” rating on Wednesday, November 15 by SunTrust. The firm has “Buy” rating given on Wednesday, February 1 by Benchmark. Benchmark maintained Manhattan Associates, Inc. (NASDAQ:MANH) rating on Wednesday, October 21. Benchmark has “Buy” rating and $75 target. The rating was upgraded by SunTrust to “Buy” on Tuesday, October 3. The firm earned “Buy” rating on Wednesday, July 22 by Benchmark.

Auto Trader Group plc operates in the digital automotive marketplace in the United Kingdom and Ireland. The company has market cap of 3.55 billion GBP. It offers services and products to retailers and home traders to support its online activities. It has a 22.47 P/E ratio. The firm provides vehicle advertisement on its Websites for private sellers; and display advertising on its Websites for manufacturers and their advertising agencies, as well as insurance and loan financing products to consumers.

Manhattan Associates, Inc. (NASDAQ:MANH) Institutional Positions Chart