QUOT has been the topic of several other reports. Craig Hallum downgraded shares of Quotient Technology from a “buy” rating to a “hold” rating in a report on Tuesday, June 20th. Morgan Stanley raised shares of Quotient Technology from an “underweight” rating to an “equal weight” rating in a research report on Tuesday, June 20th. Finally, Rosenblatt Securities cut shares of Quotient Technology from a “buy” rating to a “neutral” rating in a research report on Wednesday, June 21st.
Quotient Technology Stock Performance
Quotient Technology (NYSE:QUOT – Get Free Report) last issued its earnings results on Tuesday, August 8th. The technology company reported ($0.16) earnings per share for the quarter. The firm had revenue of $65.71 million for the quarter. Quotient Technology had a negative return on equity of 23.99% and a negative net margin of 15.19%.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in QUOT. UBS Group AG increased its stake in shares of Quotient Technology by 388.1% in the third quarter. UBS Group AG now owns 13,369 shares of the technology company’s stock valued at $31,000 after buying an additional 10,630 shares during the period. Longfellow Investment Management Co. LLC acquired a new position in shares of Quotient Technology in the second quarter valued at approximately $34,000. Principal Financial Group Inc. acquired a new position in shares of Quotient Technology in the first quarter valued at approximately $34,000. PNC Financial Services Group Inc. increased its stake in shares of Quotient Technology by 1,125.7% in the fourth quarter. PNC Financial Services Group Inc. now owns 11,387 shares of the technology company’s stock valued at $39,000 after buying an additional 10,458 shares during the period. Finally, ProShare Advisors LLC acquired a new position in shares of Quotient Technology in the fourth quarter valued at approximately $40,000. Institutional investors own 77.65% of the company’s stock.
About Quotient Technology
Quotient Technology Inc operates as a digital media and promotions technology company that offers power integrated digital media and promotions programs for brands and retailers. The company's Promotions platform offers cash-back rebates, digital paperless promotions, and digital print promotions; and brand and retailer websites and mobile applications; and third-party publishing websites and mobile applications.
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