As Rubicon Proj (RUBI) Valuation Rose, Shareholder Roumell Asset Management Trimmed Its Stake; Ares Coml Real Estate (ACRE) Holding Has Lifted by Telemus Capital Llc

the Rubicon Project, Inc. (NYSE:RUBI) Logo

Telemus Capital Llc increased its stake in Ares Coml Real Estate Corp (ACRE) by 5.89% based on its latest 2018Q3 regulatory filing with the SEC. Telemus Capital Llc bought 34,322 shares as the company’s stock declined 3.78% with the market. The institutional investor held 617,317 shares of the real estate investment trusts company at the end of 2018Q3, valued at $8.62 million, up from 582,995 at the end of the previous reported quarter. Telemus Capital Llc who had been investing in Ares Coml Real Estate Corp for a number of months, seems to be bullish on the $404.46 million market cap company. The stock increased 0.57% or $0.08 during the last trading session, reaching $14.17. About 238,582 shares traded or 40.96% up from the average. Ares Commercial Real Estate Corporation (NYSE:ACRE) has risen 4.87% since February 14, 2018 and is uptrending. It has outperformed by 4.87% the S&P500. Some Historical ACRE News: 01/05/2018 – Ares Commercial Real Est 1Q EPS 33c; 01/05/2018 – ARES COMMERCIAL 1Q EPS 33C; 23/05/2018 – Ares Commercial Real Estate Corporation to Present on a Panel at the Keefe, Bruyette & Woods 2018 Mortgage Finance & Asset; 22/03/2018 Analysis: Positioning to Benefit within Del Taco Restaurants, Myers Industries, Hawkins, Ares Commercial Real Estate, Powell In; 24/04/2018 – Ares Commercial Real Estate Corporation Appoints Edmond N. Moriarty, lll to its Board of Directors; 25/04/2018 – Ares Commercial Real Estate Corporation Schedules Earnings Release for the First Quarter Ended March 31, 2018; 24/04/2018 – Ares Commercial Real Estate Corporation Appoints Edmond N. Moriarty, III to its Board of Directors; 24/04/2018 – ARES COMMERCIAL REAL ESTATE CORP – MORIARTY’S APPOINTMENT EXPANDS BOARD FROM EIGHT TO NINE MEMBERS, SIX OF WHOM ARE INDEPENDENT; 28/03/2018 – Ares Commercial Non-Deal Roadshow Scheduled By KBW for Apr. 4; 01/05/2018 – ARES COMMERCIAL 1Q ADJ EPS 33C, EST. 30C

Roumell Asset Management Llc decreased its stake in Rubicon Proj Inc (RUBI) by 20.5% based on its latest 2018Q3 regulatory filing with the SEC. Roumell Asset Management Llc sold 474,210 shares as the company’s stock rose 12.60% while stock markets declined. The hedge fund held 1.84M shares of the technology company at the end of 2018Q3, valued at $6.62 million, down from 2.31 million at the end of the previous reported quarter. Roumell Asset Management Llc who had been investing in Rubicon Proj Inc for a number of months, seems to be less bullish one the $241.51 million market cap company. The stock increased 2.58% or $0.12 during the last trading session, reaching $4.78. About 454,329 shares traded or 18.77% up from the average. the Rubicon Project, Inc. (NYSE:RUBI) has risen 141.38% since February 14, 2018 and is uptrending. It has outperformed by 141.38% the S&P500. Some Historical RUBI News: 07/05/2018 – Rubicon Project Presenting at Conference Tomorrow; 14/03/2018 – Rubicon Project 4Q Rev $31.4M; 13/03/2018 – Newman Ferrara LLP Announces Corporate Governance Investigation of the Rubicon Project, Inc. – RUBI; 29/05/2018 – Rubicon Says It Has Recovered From Sales `Disruption’ of GDPR; 06/03/2018 Rubicon Project Opens Up its Guaranteed Private Marketplaces to Third-Party DSPs; 03/05/2018 – Rubicon Project 1Q Loss/Shr 56c; 14/03/2018 – RUBICON PROJECT INC – $20 MLN REDUCTION TO CAPITAL EXPENDITURES IN 2018; 14/05/2018 – Fuller & Thaler Asset Buys New 1.4% Position in Rubicon Project; 14/05/2018 – S & T Bank Exits Position in Rubicon Project; 14/03/2018 – RUBICON PROJECT: CUTTING 100 POSITIONS

More notable recent the Rubicon Project, Inc. (NYSE:RUBI) news were published by: Globenewswire.com which released: “Rubicon Project Reports Fourth Quarter and Full Year 2017 Results – GlobeNewswire” on March 14, 2018, also Seekingalpha.com with their article: “The Rubicon Project: Nascent Turnaround Prospects – Seeking Alpha” published on September 13, 2018, Seekingalpha.com published: “The Rubicon Project, Inc. (RUBI) CEO Michael Barrett on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” on November 08, 2018. More interesting news about the Rubicon Project, Inc. (NYSE:RUBI) were released by: Seekingalpha.com and their article: “CEF Q4’18 Commentary: New Positions Under Armour And Rubicon Project – Seeking Alpha” published on February 11, 2019 as well as Seekingalpha.com‘s news article titled: “Rubicon Project +13.3% on turnaround hopes – Seeking Alpha” with publication date: August 01, 2018.

Analysts await the Rubicon Project, Inc. (NYSE:RUBI) to report earnings on March, 13. They expect $-0.03 earnings per share, up 91.89% or $0.34 from last year’s $-0.37 per share. After $-0.18 actual earnings per share reported by the Rubicon Project, Inc. for the previous quarter, Wall Street now forecasts -83.33% EPS growth.

Among 12 analysts covering Rubicon Project (NYSE:RUBI), 3 have Buy rating, 2 Sell and 7 Hold. Therefore 25% are positive. Rubicon Project had 28 analyst reports since July 29, 2015 according to SRatingsIntel. Citigroup maintained the shares of RUBI in report on Tuesday, September 26 with “Neutral” rating. On Thursday, August 24 the stock rating was maintained by Needham with “Hold”. RBC Capital Markets maintained the Rubicon Project, Inc. (NYSE:RUBI) on Monday, June 5 with “Hold” rating. Suntrust Robinson initiated it with “Buy” rating and $22 target in Tuesday, December 22 report. As per Friday, November 3, the company rating was maintained by Needham. Jefferies maintained the Rubicon Project, Inc. (NYSE:RUBI) rating on Wednesday, June 21. Jefferies has “Hold” rating and $7.2500 target. The stock has “Neutral” rating by Citigroup on Thursday, August 4. The rating was maintained by Citigroup on Friday, November 3 with “Neutral”. The rating was maintained by Craig Hallum on Tuesday, June 26 with “Buy”. The rating was downgraded by B. Riley & Co to “Neutral” on Wednesday, March 15.

Roumell Asset Management Llc, which manages about $293.14 million and $54.50 million US Long portfolio, upped its stake in Hc2 Hldgs Inc (NYSEMKT:HCHC) by 114,430 shares to 409,685 shares, valued at $2.51 million in 2018Q3, according to the filing.

Investors sentiment decreased to 1.32 in Q3 2018. Its down 0.17, from 1.49 in 2018Q2. It dived, as 7 investors sold ACRE shares while 30 reduced holdings. 11 funds opened positions while 38 raised stakes. 17.51 million shares or 0.98% more from 17.34 million shares in 2018Q2 were reported. Moreover, Royal Bank Of Canada has 0% invested in Ares Commercial Real Estate Corporation (NYSE:ACRE) for 61,077 shares. Boston Ptnrs owns 2.27 million shares or 0.04% of their US portfolio. Us Bancshares De has invested 0% of its portfolio in Ares Commercial Real Estate Corporation (NYSE:ACRE). Bard Associate Incorporated holds 129,625 shares or 0.84% of its portfolio. Moreover, Acadian Asset Ltd Liability has 0.05% invested in Ares Commercial Real Estate Corporation (NYSE:ACRE) for 783,978 shares. Advisory Service Limited Liability Corp reported 100 shares. Wells Fargo Co Mn has invested 0% in Ares Commercial Real Estate Corporation (NYSE:ACRE). Strs Ohio reported 0% of its portfolio in Ares Commercial Real Estate Corporation (NYSE:ACRE). Sg Americas Securities Llc accumulated 10,903 shares. Manufacturers Life Insur The has invested 0% in Ares Commercial Real Estate Corporation (NYSE:ACRE). State Board Of Administration Of Florida Retirement Sys invested in 0% or 24,642 shares. 11,069 were reported by Atria Investments Ltd. Clear Harbor Asset has 0.21% invested in Ares Commercial Real Estate Corporation (NYSE:ACRE) for 74,972 shares. Clarivest Asset Mgmt Ltd Company owns 18,490 shares. Aperio Group Incorporated holds 0% or 30,119 shares in its portfolio.

Telemus Capital Llc, which manages about $2.42B and $1.34B US Long portfolio, decreased its stake in Cbre Group Inc (NYSE:CBG) by 18,503 shares to 116,415 shares, valued at $5.13M in 2018Q3, according to the filing. It also reduced its holding in Whirlpool Corp (NYSE:WHR) by 7,013 shares in the quarter, leaving it with 9,331 shares, and cut its stake in Ishares Tr (SHY).

Among 10 analysts covering Ares Commercial Real Estate (NYSE:ACRE), 5 have Buy rating, 0 Sell and 5 Hold. Therefore 50% are positive. Ares Commercial Real Estate had 23 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has “Buy” rating by Citigroup given on Thursday, August 11. The firm has “Strong Buy” rating by Raymond James given on Friday, January 11. The firm earned “Neutral” rating on Wednesday, October 24 by JP Morgan. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Thursday, August 17 report. The rating was maintained by FBR Capital with “Buy” on Tuesday, January 9. The firm earned “Hold” rating on Friday, March 2 by Keefe Bruyette & Woods. The firm has “Neutral” rating given on Tuesday, August 21 by Credit Suisse. FBR Capital maintained the stock with “Outperform” rating in Tuesday, November 22 report. The stock has “Underperform” rating by Bank of America on Thursday, December 15. The rating was maintained by JMP Securities with “Market Outperform” on Monday, July 30.

Ares Commercial Real Estate Corporation (NYSE:ACRE) Ratings Chart