Global Partners LP (GLP) Forms $16.90 Double Bottom; Tyler Technologies (TYL) Sentiment Is 1.41

February 12, 2018 - By Annabelle Johnson

Global Partners LP (GLP) formed double bottom with $15.89 target or 6.00% below today’s $16.90 share price. Global Partners LP (GLP) has $572.48 million valuation. The stock decreased 0.59% or $0.1 during the last trading session, reaching $16.9. About 93,515 shares traded or 50.43% up from the average. Global Partners LP (NYSE:GLP) has risen 51.68% since February 12, 2017 and is uptrending. It has outperformed by 34.98% the S&P500.

Tyler Technologies, Inc. provides integrated information management solutions and services for the public sector with a focus on local governments in the United States and internationally. The company has market cap of $7.25 billion. It operates through two divisions, Enterprise Software, and Appraisal and Tax. It has a 56.75 P/E ratio. The companyÂ’s financial management solutions include modular fund accounting systems for government agencies or not-for-profit entities; and utility billing systems for the billing and collection of metered and non-metered services.

Analysts await Global Partners LP (NYSE:GLP) to report earnings on March, 8. They expect $0.13 EPS, up 134.21% or $0.51 from last year’s $-0.38 per share. GLP’s profit will be $4.40M for 32.50 P/E if the $0.13 EPS becomes a reality. After $0.44 actual EPS reported by Global Partners LP for the previous quarter, Wall Street now forecasts -70.45% negative EPS growth.

Investors sentiment decreased to 0.91 in Q3 2017. Its down 0.13, from 1.04 in 2017Q2. It fall, as 7 investors sold Global Partners LP shares while 15 reduced holdings. 5 funds opened positions while 15 raised stakes. 13.20 million shares or 0.07% less from 13.21 million shares in 2017Q2 were reported. Barclays Public Ltd Company accumulated 11,796 shares or 0% of the stock. Sumitomo Mitsui Tru owns 23,000 shares for 0% of their portfolio. Jpmorgan Chase & holds 0% in Global Partners LP (NYSE:GLP) or 10,436 shares. Hightower Advsrs Ltd Company reported 0% in Global Partners LP (NYSE:GLP). Texas Yale Cap Corporation has 0.04% invested in Global Partners LP (NYSE:GLP). Credit Suisse Ag holds 0% of its portfolio in Global Partners LP (NYSE:GLP) for 22,763 shares. Raymond James Associates, Florida-based fund reported 14,021 shares. First Manhattan Co has 1,500 shares. Bankshares Of Montreal Can stated it has 25,000 shares. Manufacturers Life The has invested 0% of its portfolio in Global Partners LP (NYSE:GLP). Renaissance Technology Lc stated it has 0% of its portfolio in Global Partners LP (NYSE:GLP). Us Comml Bank De reported 355 shares stake. Arrow Limited owns 40,807 shares or 0.21% of their US portfolio. 944,652 are held by Goldman Sachs. Clearbridge Investments Lc has invested 0% in Global Partners LP (NYSE:GLP).

Among 8 analysts covering Global Partners (NYSE:GLP), 2 have Buy rating, 0 Sell and 6 Hold. Therefore 25% are positive. Global Partners has $43.0 highest and $16 lowest target. $23.29’s average target is 37.81% above currents $16.9 stock price. Global Partners had 18 analyst reports since August 8, 2015 according to SRatingsIntel. Stifel Nicolaus maintained the shares of GLP in report on Thursday, June 22 with “Buy” rating. Mitsubishi UFJ downgraded the shares of GLP in report on Friday, January 29 to “Neutral” rating. The stock of Global Partners LP (NYSE:GLP) earned “Hold” rating by Stifel Nicolaus on Tuesday, February 23. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, July 27. The stock has “Outperform” rating by RBC Capital Markets on Friday, September 4. The rating was maintained by FBR Capital on Wednesday, November 11 with “Mkt Perform”. The stock has “Equal-Weight” rating by Barclays Capital on Tuesday, August 16. The firm earned “Hold” rating on Tuesday, November 21 by J.P. Morgan. Janney Capital initiated the stock with “Neutral” rating in Friday, June 23 report. The stock has “Buy” rating by Stifel Nicolaus on Wednesday, August 9.

Since January 1, 0001, it had 0 insider purchases, and 20 sales for $60.35 million activity.

Analysts await Tyler Technologies, Inc. (NYSE:TYL) to report earnings on February, 14. They expect $0.89 earnings per share, up 17.11% or $0.13 from last year’s $0.76 per share. TYL’s profit will be $33.44 million for 54.21 P/E if the $0.89 EPS becomes a reality. After $0.89 actual earnings per share reported by Tyler Technologies, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

The stock increased 2.98% or $5.59 during the last trading session, reaching $193. About 697,371 shares traded or 273.47% up from the average. Tyler Technologies, Inc. (TYL) has risen 17.20% since February 12, 2017 and is uptrending. It has outperformed by 0.50% the S&P500.

Praesidium Investment Management Company Llc holds 6.94% of its portfolio in Tyler Technologies, Inc. for 488,003 shares. Rgm Capital Llc owns 365,349 shares or 6.58% of their US portfolio. Moreover, Sq Advisors Llc has 5.46% invested in the company for 888,723 shares. The New York-based Two Creeks Capital Management Lp has invested 5.34% in the stock. Stockbridge Partners Llc, a Massachusetts-based fund reported 564,385 shares.