Telefonaktiebolaget LM Ericsson (ERIC) Reaches $9.63 52-Week High; Marlin Business Services (MRLN)’s Sentiment Is 0.77

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Marlin Business Services Corp (MRLN) investors sentiment decreased to 0.77 in Q4 2018. It’s down -0.49, from 1.26 in 2018Q3. The ratio has worsened, as 23 funds started new or increased positions, while 30 trimmed and sold stakes in Marlin Business Services Corp. The funds in our database now possess: 9.96 million shares, up from 9.92 million shares in 2018Q3. Also, the number of funds holding Marlin Business Services Corp in top ten positions was flat from 1 to 1 for the same number . Sold All: 3 Reduced: 27 Increased: 17 New Position: 6.

The stock of Telefonaktiebolaget LM Ericsson (NASDAQ:publ) hit a new 52-week high and has $10.40 target or 8.00% above today’s $9.63 share price. The 8 months bullish chart indicates low risk for the $31.66B company. The 1-year high was reported on Mar, 17 by Barchart.com. If the $10.40 price target is reached, the company will be worth $2.53B more. The stock increased 1.69% or $0.16 during the last trading session, reaching $9.63. About 3.20M shares traded. Telefonaktiebolaget LM Ericsson (NASDAQ:publ) has 0.00% since March 17, 2018 and is . It has underperformed by 4.37% the S&P500.

Analysts await Marlin Business Services Corp. (NASDAQ:MRLN) to report earnings on May, 2. They expect $0.44 earnings per share, down 12.00% or $0.06 from last year’s $0.5 per share. MRLN’s profit will be $5.34M for 12.98 P/E if the $0.44 EPS becomes a reality. After $0.51 actual earnings per share reported by Marlin Business Services Corp. for the previous quarter, Wall Street now forecasts -13.73% negative EPS growth.

Red Mountain Capital Partners Llc holds 49.47% of its portfolio in Marlin Business Services Corp. for 3.00 million shares. Tieton Capital Management Llc owns 109,016 shares or 2.73% of their US portfolio. Moreover, Broad Run Investment Management Llc has 1.25% invested in the company for 1.22 million shares. The California-based Kestrel Investment Management Corp has invested 1.01% in the stock. Basswood Capital Management L.L.C., a New York-based fund reported 706,546 shares.

More notable recent Marlin Business Services Corp. (NASDAQ:MRLN) news were published by: Gurufocus.com which released: “Mar 08, 2019 – Marlin Business Services Corp (MRLN) Files 10-K for the Fiscal Year Ended on December 31, 2018 – GuruFocus.com” on March 08, 2019, also Globenewswire.com with their article: “Marlin Names Michael Bogansky its Chief Financial Officer – GlobeNewswire” published on January 02, 2019, Globenewswire.com published: “Marlin Announces New Brand Identity to Reflect its Growth Strategy – GlobeNewswire” on February 07, 2019. More interesting news about Marlin Business Services Corp. (NASDAQ:MRLN) were released by: Globenewswire.com and their article: “Marlin Completes $201.7 Million Term Debt Securitization Nasdaq:MRLN – GlobeNewswire” published on July 30, 2018 as well as Globenewswire.com‘s news article titled: “Marlin Business Services Corp. Announces Fourth Quarter and Full Year 2018 Earnings Call and Webcast – GlobeNewswire” with publication date: January 17, 2019.

The stock decreased 2.10% or $0.49 during the last trading session, reaching $22.85. About 81,446 shares traded or 316.67% up from the average. Marlin Business Services Corp. (MRLN) has declined 7.51% since March 17, 2018 and is downtrending. It has underperformed by 11.88% the S&P500. Some Historical MRLN News: 15/03/2018 Factors of Influence in 2018, Key Indicators and Opportunity within Marlin Business Services, Oxford Immunotec Global, Teck Res; 22/04/2018 – DJ Marlin Business Services Corp, Inst Holders, 1Q 2018 (MRLN); 27/03/2018 – Marlin Business at Non-Deal Roadshow Hosted By JMP Today; 22/05/2018 – Marlin Business Services Corp. to Participate in the LD Micro Invitational Conference; 03/05/2018 – MARLIN BUSINESS SERVICES CORP MRLN.O SEES FY 2018 SHR $1.95 TO $2.10; 03/05/2018 – Marlin Business Services 1Q EPS 50c; 03/05/2018 – Marlin Business Services 1Q Adj EPS 50c; 20/03/2018 – Marlin Business Non-Deal Roadshow Set By JMP for Mar. 27-28; 03/05/2018 – MARLIN BUSINESS SERVICES CORP MRLN.O – COMPANY IS MAINTAINING GUIDANCE FOR THE FULL YEAR ENDING DECEMBER 31, 2018; 02/04/2018 – MARLIN BUSINESS SERVICES- ENTERED FORWARD FLOW SALE DEAL WITH VARADERO CAPITAL L.P

Marlin Business Services Corp., through its subsidiary, Marlin Leasing Corporation, provides equipment financing solutions to small and mid-sized businesses in the United States. The company has market cap of $277.45 million. It finances approximately 100 categories of commercial equipment, including copiers, security systems, computers and software, telecommunications equipment, and certain commercial and industrial equipment. It has a 11.43 P/E ratio. The company, through its other subsidiaries, also offers property insurance coverage on its equipment; and issues Federal Deposit Insurance Corporation -insured deposits and money market demand accounts.

Analysts await Telefonaktiebolaget LM Ericsson (NASDAQ:publ) to report earnings on April, 19. They expect $0.04 earnings per share, up 300.00% or $0.03 from last year’s $0.01 per share. ERIC’s profit will be $131.51 million for 60.19 P/E if the $0.04 EPS becomes a reality. After $-0.09 actual earnings per share reported by Telefonaktiebolaget LM Ericsson for the previous quarter, Wall Street now forecasts -144.44% EPS growth.

Telefonaktiebolaget LM Ericsson provides information and communications technology solutions for networks, IT and cloud, and media markets worldwide. The company has market cap of $31.66 billion. It operates through three divisions: Networks, Global Services, and Support Solutions. It currently has negative earnings. The Networks segment delivers products and solutions for mobile access, Internet protocol (IP) and transmission networks, core networks, and cloud.

More notable recent Telefonaktiebolaget LM Ericsson (NASDAQ:publ) news were published by: Nasdaq.com which released: “Aino Health AB (publ): Aino Health signs agreement worth around SEK 28 million – Nasdaq” on March 14, 2019, also Nasdaq.com with their article: “Pöyry PLC: Final result of the subsequent offer period of Ã…F Pöyry AB (publ)’s tender offer for all shares in Pöyry PLC – Nasdaq” published on March 12, 2019, Nasdaq.com published: “Pöyry PLC: Preliminary result of the subsequent offer period of Ã…F Pöyry AB (publ)’s tender offer for all shares in Pöyry PLC – Nasdaq” on March 11, 2019. More interesting news about Telefonaktiebolaget LM Ericsson (NASDAQ:publ) were released by: Nasdaq.com and their article: “Aino Health AB (publ): Aino HealthManager deployed for global company – Nasdaq” published on February 18, 2019 as well as Nasdaq.com‘s news article titled: “Pöyry PLC: Final result of Ã…F AB (publ)’s tender offer for all shares in Pöyry PLC and the commencement of the subsequent offer period – NASDAQ.com – Nasdaq” with publication date: February 19, 2019.

Marlin Business Services Corp. (NASDAQ:MRLN) Institutional Positions Chart