Systematic Financial Management LP Trims Stake in Points International Ltd. (PCOM)

Systematic Financial Management LP reduced its position in shares of Points International Ltd. (NASDAQ:PCOM) (TSE:PTS) by 41.5% during the 1st quarter, Holdings Channel reports. The firm owned 44,150 shares of the information services provider’s stock after selling 31,330 shares during the quarter. Systematic Financial Management LP’s holdings in Points International were worth $593,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of PCOM. Wedge Capital Management L L P NC increased its holdings in Points International by 30.1% in the 4th quarter. Wedge Capital Management L L P NC now owns 90,813 shares of the information services provider’s stock worth $904,000 after acquiring an additional 20,984 shares during the last quarter. Geode Capital Management LLC increased its holdings in Points International by 2.4% in the 4th quarter. Geode Capital Management LLC now owns 76,830 shares of the information services provider’s stock worth $764,000 after acquiring an additional 1,832 shares during the last quarter. Finally, Globeflex Capital L P purchased a new stake in Points International in the 4th quarter worth about $586,000. 52.79% of the stock is currently owned by institutional investors.

PCOM traded up $0.14 during trading hours on Wednesday, hitting $13.16. The stock had a trading volume of 296 shares, compared to its average volume of 63,707. Points International Ltd. has a 1 year low of $8.30 and a 1 year high of $18.48. The firm has a market cap of $181.88 million, a P/E ratio of 25.72 and a beta of 1.11. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.19 and a current ratio of 1.16.

Points International (NASDAQ:PCOM) (TSE:PTS) last announced its quarterly earnings data on Thursday, May 9th. The information services provider reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.04). Points International had a return on equity of 18.64% and a net margin of 1.90%. The firm had revenue of $95.94 million during the quarter.

Several equities research analysts recently weighed in on the company. TheStreet raised Points International from a “c+” rating to a “b” rating in a report on Wednesday, March 27th. Royal Bank of Canada lifted their price objective on Points International from $19.00 to $20.00 and gave the stock an “outperform” rating in a report on Friday, March 8th.

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Points International Profile

Points International Ltd. provides e-commerce and technology services to loyalty program operators in the United States, Europe, and internationally. It operates through three segments: Loyalty Currency Retailing, Platform Partners, and Points Travel. The Loyalty Currency Retailing segment provides products and services designed to help loyalty program members unlock the value of their loyalty currency and accelerate the time to a reward.

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Institutional Ownership by Quarter for Points International (NASDAQ:PCOM)

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