What Can We Expect after a Safeguard Sci (NYSE:SFE) Downgrade from “Overweight” to “Equal-Weight” Rating?

July 27, 2018 - By Billy Entrekin

Safeguard Scientifics, Inc. (NYSE:SFE) Logo

Investors sentiment increased to 1.24 in 2018 Q1. Its up 0.21, from 1.03 in 2017Q4. It increased, as 6 investors sold Safeguard Scientifics, Inc. shares while 28 reduced holdings. 9 funds opened positions while 33 raised stakes. 15.46 million shares or 0.70% less from 15.56 million shares in 2017Q4 were reported.

Baldwin Brothers Ma has invested 0% in Safeguard Scientifics, Inc. (NYSE:SFE). Granahan Inv Management Ma reported 0.36% stake. Us Fincl Bank De has 0% invested in Safeguard Scientifics, Inc. (NYSE:SFE). Perritt Cap Mngmt accumulated 121,350 shares. Endurance Wealth Mngmt holds 0% in Safeguard Scientifics, Inc. (NYSE:SFE) or 900 shares. Dimensional Fund Advisors Limited Partnership has invested 0.01% of its portfolio in Safeguard Scientifics, Inc. (NYSE:SFE). Teton Advisors holds 52,024 shares or 0.06% of its portfolio. Cubic Asset Ltd Liability holds 0.47% or 137,100 shares. 17,723 are owned by Manufacturers Life Insurance Communication The. Parametric Port Assocs Ltd Liability Corp invested in 0% or 24,509 shares. Amer Interest Grp Inc invested in 12,949 shares. Northern Corp reported 246,181 shares. Sei Invests holds 0% in Safeguard Scientifics, Inc. (NYSE:SFE) or 35 shares. Kistler, a Alabama-based fund reported 679 shares. Bridgeway Capital Mgmt stated it has 19,500 shares or 0% of all its holdings.

Safeguard Sci (NYSE:SFE) Receives a Downgrade

It will be interesting to watch the trading activity for Safeguard Sci (NYSE:SFE) today as First Analysis Sec decreased the shares of the stock from a “Overweight” rating to a “Equal-Weight”. In addition to this downgrade, analysts at First Analysis Sec set a $17 target price which is a change of 48.47 %.

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

Among 2 analysts covering Safeguard Scientifics (NYSE:SFE), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Safeguard Scientifics has $20.0 highest and $14.5 lowest target. $17.25’s average target is 50.66% above currents $11.45 stock price. Safeguard Scientifics had 3 analyst reports since March 1, 2018 according to SRatingsIntel. Barrington maintained it with “Buy” rating and $2000 target in Monday, April 30 report. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Thursday, March 1 report. Barrington maintained Safeguard Scientifics, Inc. (NYSE:SFE) rating on Tuesday, March 6. Barrington has “Buy” rating and $20.0 target.

The stock decreased 0.87% or $0.1 during the last trading session, reaching $11.45. About 121,784 shares traded or 48.91% 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.

Safeguard Scientifics, Inc. no longer investing. The company has market cap of $235.42 million. It 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. It currently has negative earnings. It initially invests in a Series A-C round and opportunistically in a seed round.

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

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

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