Computer Task Group, (CTG) Trades at $5.12 After Triangle; Hancock Holding Company Has Boosted Office Depot (ODP) Stake By $5.46 Million

Computer Task Group, Incorporated (CTG) formed triangle with $5.53 target or 8.00% above today’s $5.12 share price. Computer Task Group, Incorporated (CTG) has $79.32 million valuation. The stock decreased 1.16% or $0.06 during the last trading session, reaching $5.12. About 25,454 shares traded. Computer Task Group, Incorporated (NASDAQ:CTG) has risen 14.46% since January 5, 2017 and is uptrending. It has underperformed by 2.24% the S&P500.

Hancock Holding Company increased Office Depot (ODP) stake by 202.99% reported in 2017Q3 SEC filing. Hancock Holding Company acquired 1.37 million shares as Office Depot (ODP)’s stock rose 10.79%. The Hancock Holding Company holds 2.04M shares with $9.25M value, up from 672,472 last quarter. Office Depot now has $1.73 billion valuation. The stock decreased 4.00% or $0.14 during the last trading session, reaching $3.36. About 5.43 million shares traded or 7.49% up from the average. Office Depot, Inc. (NASDAQ:ODP) has risen 51.05% since January 5, 2017 and is uptrending. It has outperformed by 34.35% the S&P500.

Investors sentiment decreased to 0.87 in Q3 2017. Its down 0.44, from 1.31 in 2017Q2. It dropped, as 41 investors sold ODP shares while 83 reduced holdings. 27 funds opened positions while 81 raised stakes. 461.44 million shares or 1.55% less from 468.70 million shares in 2017Q2 were reported. Amalgamated National Bank & Trust invested 0.01% in Office Depot, Inc. (NASDAQ:ODP). Cipher Capital LP owns 407,769 shares. Moreover, Voya Investment Management Limited Liability has 0% invested in Office Depot, Inc. (NASDAQ:ODP). The Netherlands-based Ing Groep Nv has invested 0.01% in Office Depot, Inc. (NASDAQ:ODP). Northern Tru holds 13.22M shares. Retirement System Of Alabama has 668,891 shares for 0.02% of their portfolio. Moreover, Nationwide Fund Advsrs has 0.04% invested in Office Depot, Inc. (NASDAQ:ODP). Bowling Port Lc holds 0.19% or 281,645 shares in its portfolio. Raymond James Fincl Ser stated it has 12,702 shares. Citigroup Inc accumulated 777,809 shares. Strs Ohio holds 0.01% of its portfolio in Office Depot, Inc. (NASDAQ:ODP) for 280,700 shares. Parkside Bancorporation And Trust holds 0.01% or 3,155 shares. Macquarie Gp has 195,000 shares. Zebra Mgmt Ltd Company invested 0.14% in Office Depot, Inc. (NASDAQ:ODP). 65,545 are held by Advantus Mngmt Inc.

Hancock Holding Company decreased Unum Group (NYSE:UNM) stake by 6,020 shares to 50,128 valued at $2.56M in 2017Q3. It also reduced Southwest Airlines Co (NYSE:LUV) stake by 7,667 shares and now owns 249,189 shares. Suntrust Bks Inc (NYSE:STI) was reduced too.

Since October 13, 2017, it had 0 insider buys, and 1 insider sale for $1.38 million activity. Allison Michael R also sold $1.38M worth of Office Depot, Inc. (NASDAQ:ODP) shares.

Among 12 analysts covering Office Depot (NASDAQ:ODP), 3 have Buy rating, 3 Sell and 6 Hold. Therefore 25% are positive. Office Depot had 21 analyst reports since September 8, 2015 according to SRatingsIntel. The stock of Office Depot, Inc. (NASDAQ:ODP) earned “Sector Weight” rating by KeyBanc Capital Markets on Tuesday, December 8. The firm has “Outperform” rating given on Monday, March 7 by Credit Suisse. Telsey Advisory Group maintained Office Depot, Inc. (NASDAQ:ODP) rating on Tuesday, December 8. Telsey Advisory Group has “Outperform” rating and $7.5 target. The company was downgraded on Wednesday, May 11 by Jefferies. The rating was maintained by Jefferies on Thursday, September 28 with “Hold”. The rating was downgraded by UBS to “Sell” on Wednesday, May 11. The rating was maintained by Telsey Advisory Group on Wednesday, February 24 with “Outperform”. The firm earned “Buy” rating on Tuesday, September 8 by B. Riley & Co. The company was maintained on Thursday, August 10 by Deutsche Bank. Telsey Advisory Group downgraded the shares of ODP in report on Wednesday, May 11 to “Market Perform” rating.

Analysts await Computer Task Group, Incorporated (NASDAQ:CTG) to report earnings on February, 20. They expect $0.06 EPS, down 14.29% or $0.01 from last year’s $0.07 per share. CTG’s profit will be $929,508 for 21.33 P/E if the $0.06 EPS becomes a reality. After $0.05 actual EPS reported by Computer Task Group, Incorporated for the previous quarter, Wall Street now forecasts 20.00% EPS growth.

Investors sentiment increased to 1.12 in Q3 2017. Its up 0.24, from 0.88 in 2017Q2. It increased, as 2 investors sold Computer Task Group, Incorporated shares while 15 reduced holdings. 8 funds opened positions while 11 raised stakes. 6.76 million shares or 1.27% less from 6.85 million shares in 2017Q2 were reported. Perkins Cap Mngmt invested in 0.26% or 45,500 shares. 326,001 are held by Blackrock. The Connecticut-based Tudor Invest Et Al has invested 0% in Computer Task Group, Incorporated (NASDAQ:CTG). Menta Limited owns 0.04% invested in Computer Task Group, Incorporated (NASDAQ:CTG) for 55,970 shares. Dimensional Fund Advsr Lp has invested 0% of its portfolio in Computer Task Group, Incorporated (NASDAQ:CTG). Fulton Bankshares Na, Pennsylvania-based fund reported 22,600 shares. Renaissance Technology Ltd holds 0% or 502,300 shares. Morgan Stanley holds 0% or 128,802 shares. Acadian Asset Mngmt Ltd Com, Massachusetts-based fund reported 33,047 shares. Barclays Public Ltd holds 0% in Computer Task Group, Incorporated (NASDAQ:CTG) or 36 shares. Brandes Inv Lp invested in 0% or 26,736 shares. 502 were accumulated by Royal Bancshares Of Canada. Euclidean Technology Mgmt Limited Liability, New York-based fund reported 239,744 shares. Vanguard Gru Inc accumulated 0% or 682,176 shares. 90,061 were reported by Macquarie Gru Ltd.

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