Ebix (EBIX) Position Maintained by P2 Capital Partners Llc; Mosaic Financial Partners Decreased Holding in Rayonier (RYN) by $370,822 as Stock Value Rose

May 28, 2018 - By Richard Conner

Ebix, Inc. (NASDAQ:EBIX) Logo

Mosaic Financial Partners Inc decreased its stake in Rayonier Inc (RYN) by 7.11% based on its latest 2017Q4 regulatory filing with the SEC. Mosaic Financial Partners Inc sold 11,962 shares as the company’s stock rose 13.03% while stock markets declined. The institutional investor held 156,366 shares of the real estate investment trusts company at the end of 2017Q4, valued at $4.95M, down from 168,328 at the end of the previous reported quarter. Mosaic Financial Partners Inc who had been investing in Rayonier Inc for a number of months, seems to be less bullish one the $4.94 billion market cap company. The stock increased 0.05% or $0.02 during the last trading session, reaching $38.29. About 711,179 shares traded. Rayonier Inc. (NYSE:RYN) has risen 25.96% since May 28, 2017 and is uptrending. It has outperformed by 14.41% the S&P500.

Claus Moller increased its stake in Ebix Inc (EBIX) by 32.74% based on its latest 2017Q4 regulatory filing with the SEC. P2 Capital Partners Llc bought 124,384 shares as the company’s stock declined 9.22% with the market. The hedge fund run by Claus Moller held 504,288 shares of the technology company at the end of 2017Q4, valued at $39.97 million, up from 379,904 at the end of the previous reported quarter. P2 Capital Partners Llc who had been investing in Ebix Inc for a number of months, seems to be bullish on the $2.37 billion market cap company. The stock decreased 0.59% or $0.45 during the last trading session, reaching $75.3. About 86,747 shares traded. Ebix, Inc. (NASDAQ:EBIX) has risen 20.38% since May 28, 2017 and is uptrending. It has outperformed by 8.83% the S&P500.

Investors sentiment decreased to 1.22 in 2017 Q4. Its down 0.08, from 1.3 in 2017Q3. It fall, as 25 investors sold RYN shares while 68 reduced holdings. 37 funds opened positions while 76 raised stakes. 105.35 million shares or 0.29% less from 105.65 million shares in 2017Q3 were reported. Proshare Advsrs Limited Liability Company accumulated 0.01% or 45,212 shares. Paloma Prtnrs Management has invested 0.17% in Rayonier Inc. (NYSE:RYN). Rafferty Asset Ltd Com has 28,064 shares. Delta Asset Limited Company Tn, a Tennessee-based fund reported 820 shares. Invesco Limited holds 0.03% or 2.41 million shares in its portfolio. California Public Employees Retirement Sys stated it has 443,626 shares or 0.02% of all its holdings. 769 are owned by Group One Trading Limited Partnership. State Of Alaska Department Of Revenue holds 0.06% or 78,535 shares in its portfolio. Adams Asset Advsr Ltd Liability Company has 9,276 shares for 0.04% of their portfolio. Wilbanks Smith Thomas Asset Mngmt Limited Liability Corp holds 14,425 shares or 0.04% of its portfolio. The Illinois-based Envestnet Asset Management has invested 0% in Rayonier Inc. (NYSE:RYN). The New York-based Tiaa Cref Mgmt Lc has invested 0.01% in Rayonier Inc. (NYSE:RYN). 13,740 are owned by Us Bancorp De. Vident Advisory Ltd invested in 11,840 shares or 0.02% of the stock. 312 are owned by Clearbridge Invests Ltd.

Among 8 analysts covering Rayonier (NYSE:RYN), 2 have Buy rating, 1 Sell and 5 Hold. Therefore 25% are positive. Rayonier had 24 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was upgraded by Buckingham Research to “Buy” on Thursday, August 6. The company was maintained on Sunday, July 30 by RBC Capital Markets. On Wednesday, September 27 the stock rating was maintained by BMO Capital Markets with “Hold”. The firm has “Buy” rating given on Friday, May 26 by Vertical Research. The firm has “Buy” rating given on Thursday, June 22 by BMO Capital Markets. The firm has “Outperform” rating given on Monday, January 9 by Raymond James. BMO Capital Markets maintained Rayonier Inc. (NYSE:RYN) on Wednesday, November 1 with “Hold” rating. The firm earned “Hold” rating on Friday, October 6 by RBC Capital Markets. BMO Capital Markets downgraded the shares of RYN in report on Monday, August 14 to “Market Perform” rating. The company was upgraded on Thursday, August 20 by Zacks.

Analysts await Rayonier Inc. (NYSE:RYN) to report earnings on August, 1. They expect $0.18 EPS, down 10.00% or $0.02 from last year’s $0.2 per share. RYN’s profit will be $23.20 million for 53.18 P/E if the $0.18 EPS becomes a reality. After $0.31 actual EPS reported by Rayonier Inc. for the previous quarter, Wall Street now forecasts -41.94% negative EPS growth.

Another recent and important Rayonier Inc. (NYSE:RYN) news was published by Seekingalpha.com which published an article titled: “Rayonier’s (RYN) CEO David Nunes on Q1 2018 Results – Earnings Call Transcript” on May 03, 2018.

Mosaic Financial Partners Inc, which manages about $174.09M US Long portfolio, upped its stake in Vanguard Total Int’l Bond Etf (BNDX) by 8,864 shares to 106,232 shares, valued at $5.78 million in 2017Q4, according to the filing. It also increased its holding in Ubs Etracs Alerian Mlp Infras (MLPI) by 89,237 shares in the quarter, for a total of 462,521 shares, and has risen its stake in Jpmorgan Alerian Mlp Index Et (AMJ).

Among 2 analysts covering Ebix (NASDAQ:EBIX), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Ebix had 5 analyst reports since August 11, 2015 according to SRatingsIntel. Craig Hallum maintained Ebix, Inc. (NASDAQ:EBIX) rating on Monday, March 5. Craig Hallum has “Buy” rating and $110.0 target. The firm has “Buy” rating by Craig Hallum given on Thursday, November 9. The firm has “Hold” rating by Zacks given on Tuesday, August 11. The stock of Ebix, Inc. (NASDAQ:EBIX) has “Buy” rating given on Thursday, September 28 by William Blair.

Ebix, Inc. (NASDAQ:EBIX) Institutional Positions Chart

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