XTX Topco Ltd Increases Stock Position in Altisource Portfolio Solutions S.A. (NASDAQ:ASPS)

XTX Topco Ltd raised its holdings in Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) by 306.4% during the 1st quarter, Holdings Channel reports. The firm owned 80,818 shares of the business services provider’s stock after purchasing an additional 60,933 shares during the quarter. XTX Topco Ltd’s holdings in Altisource Portfolio Solutions were worth $55,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Nantahala Capital Management LLC lifted its holdings in shares of Altisource Portfolio Solutions by 95.1% in the fourth quarter. Nantahala Capital Management LLC now owns 2,128,284 shares of the business services provider’s stock valued at $1,399,000 after purchasing an additional 1,037,275 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new position in shares of Altisource Portfolio Solutions in the fourth quarter valued at approximately $302,000. Finally, Geode Capital Management LLC raised its position in shares of Altisource Portfolio Solutions by 8.9% in the fourth quarter. Geode Capital Management LLC now owns 199,824 shares of the business services provider’s stock valued at $131,000 after buying an additional 16,390 shares during the last quarter. Hedge funds and other institutional investors own 41.36% of the company’s stock.

Altisource Portfolio Solutions Price Performance

NASDAQ:ASPS opened at $10.49 on Friday. The firm has a 50 day simple moving average of $10.75 and a 200-day simple moving average of $7.98. The firm has a market cap of $115.25 million, a PE ratio of -2.41 and a beta of 0.23. Altisource Portfolio Solutions S.A. has a 1-year low of $3.46 and a 1-year high of $15.96.

Altisource Portfolio Solutions (NASDAQ:ASPS) last posted its quarterly earnings data on Thursday, July 24th. The business services provider reported $0.14 earnings per share for the quarter. The firm had revenue of $40.79 million during the quarter.

Analyst Ratings Changes

Separately, Wall Street Zen raised shares of Altisource Portfolio Solutions from a “hold” rating to a “buy” rating in a research report on Saturday, July 26th.

Altisource Portfolio Solutions Profile

Altisource Portfolio Solutions SA operates as an integrated service provider and marketplace for the real estate and mortgage industries in the United States and internationally. It operates through Servicer and Real Estate, and Origination segments. The Servicer and Real Estate segment offers property preservation, inspection, title insurance and settlement, real estate valuation, foreclosure trustee, and residential and commercial construction inspection and risk mitigation services.