Wall Street brokerages expect Actua Corporation (NASDAQ:ACTA) to post earnings per share (EPS) of ($0.13) for the current fiscal quarter, according to Zacks. Two analysts have made estimates for Actua Corporation’s earnings. Actua Corporation posted earnings per share of ($0.12) during the same quarter last year, which would indicate a negative year-over-year growth rate of 8.3%. The company is scheduled to announce its next quarterly earnings results on Thursday, November 2nd.

According to Zacks, analysts expect that Actua Corporation will report full-year earnings of ($0.57) per share for the current financial year. For the next financial year, analysts expect that the company will post earnings of ($0.37) per share. Zacks’ EPS calculations are a mean average based on a survey of analysts that follow Actua Corporation.

Actua Corporation (NASDAQ:ACTA) last announced its quarterly earnings results on Wednesday, August 9th. The software maker reported ($0.14) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.15) by $0.01. The business had revenue of $31.19 million for the quarter, compared to the consensus estimate of $31.57 million. Actua Corporation had a negative return on equity of 5.42% and a net margin of 67.78%. The business’s revenue was up 16.1% on a year-over-year basis. During the same quarter last year, the business posted ($0.35) EPS.

Several equities research analysts have recently weighed in on ACTA shares. Zacks Investment Research upgraded Actua Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, July 4th. BidaskClub lowered Actua Corporation from a “sell” rating to a “strong sell” rating in a research note on Tuesday.

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Several hedge funds and other institutional investors have recently made changes to their positions in ACTA. Renaissance Technologies LLC increased its position in shares of Actua Corporation by 99.7% in the second quarter. Renaissance Technologies LLC now owns 1,325,719 shares of the software maker’s stock valued at $18,626,000 after buying an additional 661,800 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Actua Corporation by 6.4% in the second quarter. Dimensional Fund Advisors LP now owns 2,669,742 shares of the software maker’s stock valued at $37,510,000 after buying an additional 159,629 shares during the last quarter. OxFORD Asset Management LLP acquired a new position in shares of Actua Corporation during the second quarter valued at approximately $1,375,000. Citadel Advisors LLC increased its position in shares of Actua Corporation by 101.6% in the second quarter. Citadel Advisors LLC now owns 106,109 shares of the software maker’s stock valued at $1,491,000 after buying an additional 53,480 shares during the last quarter. Finally, Credit Suisse AG increased its position in shares of Actua Corporation by 71.7% in the first quarter. Credit Suisse AG now owns 122,794 shares of the software maker’s stock valued at $1,725,000 after buying an additional 51,298 shares during the last quarter. 73.98% of the stock is currently owned by institutional investors and hedge funds.

Shares of Actua Corporation (NASDAQ ACTA) opened at 12.50 on Friday. Actua Corporation has a one year low of $9.42 and a one year high of $15.28. The company has a 50 day moving average price of $13.63 and a 200 day moving average price of $13.93. The company has a market cap of $390.84 million, a P/E ratio of 5.92 and a beta of 1.62.

About Actua Corporation

Actua Corporation, formerly ICG Group, Inc, is a multi-vertical cloud technology company. The Company operates through two segments, which include the vertical cloud segment and the vertical cloud (venture) segment. The Company’s vertical cloud-based businesses include Bolt Solutions Inc (Bolt), Folio Dynamics Holdings Inc (FolioDynamix), GovDelivery Holdings, Inc (GovDelivery) and VelocityEHS Holdings, Inc (VelocityEHS), which operate in the commercial and personal property and casualty insurance, wealth management, government communications and environmental, health and safety (EH&S) markets, respectively.

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