ACXM has been the topic of a number of other reports. Zacks Investment Research cut shares of Acxiom from a hold rating to a sell rating in a research note on Tuesday, January 2nd. Stephens reaffirmed a buy rating and issued a $33.00 price objective on shares of Acxiom in a research note on Thursday, January 25th. BMO Capital Markets reaffirmed a buy rating and issued a $32.00 price objective on shares of Acxiom in a research note on Wednesday, November 22nd. BidaskClub raised shares of Acxiom from a sell rating to a hold rating in a research note on Friday, February 9th. Finally, TheStreet raised shares of Acxiom from a c rating to a b rating in a research note on Tuesday, February 6th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The stock presently has an average rating of Buy and a consensus price target of $34.00.
Acxiom (ACXM) opened at $31.69 on Thursday. Acxiom has a 52 week low of $21.80 and a 52 week high of $31.73. The stock has a market cap of $2,509.60, a P/E ratio of 126.76, a price-to-earnings-growth ratio of 10.93 and a beta of 1.19. The company has a quick ratio of 2.21, a current ratio of 2.21 and a debt-to-equity ratio of 0.29.
Institutional investors and hedge funds have recently bought and sold shares of the business. Bamco Inc. NY raised its holdings in Acxiom by 28.4% in the third quarter. Bamco Inc. NY now owns 2,863,312 shares of the information technology services provider’s stock worth $70,552,000 after purchasing an additional 632,649 shares during the period. Cipher Capital LP acquired a new stake in Acxiom in the third quarter worth $262,000. OxFORD Asset Management LLP acquired a new stake in Acxiom in the third quarter worth $587,000. American Capital Management Inc. raised its holdings in Acxiom by 61.5% in the fourth quarter. American Capital Management Inc. now owns 743,600 shares of the information technology services provider’s stock worth $20,494,000 after purchasing an additional 283,100 shares during the period. Finally, State of Tennessee Treasury Department raised its holdings in Acxiom by 23.7% in the third quarter. State of Tennessee Treasury Department now owns 52,200 shares of the information technology services provider’s stock worth $1,286,000 after purchasing an additional 10,000 shares during the period. Institutional investors own 99.00% of the company’s stock.
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Acxiom Corporation (Acxiom) is a technology and enablement services company. The Company operates through three business segments: Marketing Services, Audience Solutions, and Connectivity. The Company’s Marketing Services segment helps clients to unify data at individual level. The Audience Solutions segment helps clients to validate the accuracy of their people-based data, enhance it with additional insight and keep it up to date, enabling clients to reach desired audiences with relevant messages.
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