Safeguard Scientifics Inc (NYSE:SFE) 2018 Q1 Sentiment Change

July 27, 2018 - By Richard Slagle

Safeguard Scientifics, Inc. (NYSE:SFE) Logo

Sentiment for Safeguard Scientifics Inc (NYSE:SFE)

Safeguard Scientifics Inc (NYSE:SFE) institutional sentiment increased to 1.24 in Q1 2018. Its up 0.21, from 1.03 in 2017Q4. The ratio increased, as 42 investment professionals increased or opened new stock positions, while 34 decreased and sold equity positions in Safeguard Scientifics Inc. The investment professionals in our partner’s database now have: 15.46 million shares, down from 15.56 million shares in 2017Q4. Also, the number of investment professionals holding Safeguard Scientifics Inc in their top 10 stock positions decreased from 1 to 0 for a decrease of 1. Sold All: 6 Reduced: 28 Increased: 33 New Position: 9.

Safeguard Scientifics, Inc. is a private equity and venture capital firm specializing in expansion financings, growth capital, management buyouts, recapitalizations, industry consolidations, corporate spinouts, growth stage, and early stage financings in Fintech sector. The company has market cap of $235.42 million. It initially invests in a Series A-C round and opportunistically in a seed round. It currently has negative earnings. The firm prefers to make investments in companies engaged in the technology, financial services, and healthcare sector.

The stock decreased 0.87% or $0.1 during the last trading session, reaching $11.45. About 121,784 shares traded or 38.08% up from the average. Safeguard Scientifics, Inc. (NYSE:SFE) has risen 19.09% since July 27, 2017 and is uptrending. It has outperformed by 6.52% the S&P500.

Goodman Financial Corp holds 1.98% of its portfolio in Safeguard Scientifics, Inc. for 342,945 shares. Zuckerman Investment Group Llc owns 626,098 shares or 1.96% of their US portfolio. Moreover, Yakira Capital Management Inc. has 1.44% invested in the company for 515,265 shares. The New York-based Capital Management Associates Ny has invested 0.56% in the stock. Cubic Asset Management Llc, a Massachusetts-based fund reported 137,100 shares.

Safeguard Scientifics, Inc. (NYSE:SFE) Ratings Coverage

Ratings analysis reveals 50% of Safeguard Scientifics’s analysts are positive. Out of 2 Wall Street analysts rating Safeguard Scientifics, 1 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $14.5 while the high is $20.0. The stock’s average target of $17.25 is 50.66% above today’s ($11.45) share price. SFE was included in 3 notes of analysts from March 1, 2018. The firm has “Buy” rating given on Monday, April 30 by Barrington. The firm has “Hold” rating given on Thursday, March 1 by Keefe Bruyette & Woods. The firm has “Buy” rating given on Tuesday, March 6 by Barrington.

More recent Safeguard Scientifics, Inc. (NYSE:SFE) news were published by: Streetinsider.com which released: “Safeguard Scientifics (SFE) Reports Sale of 39.1% Stake in MediaMath Holdings to MediaMath for $45M” on July 09, 2018. Also Seekingalpha.com published the news titled: “Safeguard Scientifics, Inc. (SFE) CEO Brian Sisko on Q2 2018 Results – Earnings Call Transcript” on July 26, 2018. Streetinsider.com‘s news article titled: “Safeguard Scientifics (SFE) Misses Q2 EPS by 13c” with publication date: July 26, 2018 was also an interesting one.

Safeguard Scientifics, Inc. (NYSE:SFE) Institutional Positions Chart

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