Institutional Investors Love HD Partners Acquisition Corp (NASDAQ:HDP)

Hortonworks, Inc. (NASDAQ:HDP) Logo

Sentiment for HD Partners Acquisition Corp (NASDAQ:HDP)

HD Partners Acquisition Corp (NASDAQ:HDP) institutional sentiment increased to 1.67 in Q2 2018. Its up 0.01, from 1.66 in 2018Q1. The ratio has increased, as 95 active investment managers opened new or increased holdings, while 57 sold and reduced positions in HD Partners Acquisition Corp. The active investment managers in our partner’s database now possess: 60.12 million shares, up from 49.29 million shares in 2018Q1. Also, the number of active investment managers holding HD Partners Acquisition Corp in their top 10 holdings increased from 4 to 5 for an increase of 1. Sold All: 24 Reduced: 33 Increased: 73 New Position: 22.

Hortonworks, Inc. creates, distributes, and supports a class of enterprise data management software solutions built on open source technology in the United States, the United Kingdom, and internationally. The company has market cap of $1.34 billion. It offers Hortonworks Data Platform , an enterprise-scale data management platform that enables its clients to collect, store, process, and analyze existing and new data types without the need to replace their existing data center infrastructure; and Hortonworks DataFlow, an enterprise-scale data ingest platform to automate and secure Internet of anything data flows, as well as to collect, conduct, and curate real-time business insights and actions derived from data in motion, including sensors, machines, geolocation devices, clicks, server logs, and social feeds. It currently has negative earnings. The firm also provides Hortonworks Sandbox, a personal, portable, and free to use Hadoop environment designed to offer the easiest way to get started with HDP; Azure HDInsight, a data cloud service that provides clients flexible big data environments on the Azure cloud; and Hortonworks Data Cloud for Amazon Web Services, a big data cloud service for analyzing and processing data, and enabling businesses to achieve insights quickly and with flexibility.

The stock decreased 6.62% or $1.13 during the last trading session, reaching $15.94. About 1.06 million shares traded. Hortonworks, Inc. (NASDAQ:HDP) has risen 52.37% since December 8, 2017 and is uptrending. It has outperformed by 36.75% the S&P500.

Analysts await Hortonworks, Inc. (NASDAQ:HDP) to report earnings on February, 14. They expect $-0.40 earnings per share, up 41.18 % or $0.28 from last year’s $-0.68 per share. After $-0.37 actual earnings per share reported by Hortonworks, Inc. for the previous quarter, Wall Street now forecasts 8.11 % negative EPS growth.

Daruma Capital Management Llc holds 3.49% of its portfolio in Hortonworks, Inc. for 2.96 million shares. Lyon Street Capital Llc owns 516,452 shares or 3.35% of their US portfolio. Moreover, Portolan Capital Management Llc has 3.34% invested in the company for 1.79 million shares. The United Kingdom-based Herald Investment Management Ltd has invested 2.33% in the stock. Tremblant Capital Group, a New York-based fund reported 1.99 million shares.

Hortonworks, Inc. (NASDAQ:HDP) Ratings Coverage

Ratings analysis reveals 100% of Hortonworks’s analysts are positive. Out of 5 Wall Street analysts rating Hortonworks, 5 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $21 while the high is $35. The stock’s average target of $26.80 is 68.13% above today’s ($15.94) share price. HDP was included in 5 notes of analysts from June 15, 2018. The company was maintained on Wednesday, August 8 by JMP Securities. DA Davidson maintained the shares of HDP in report on Thursday, October 4 with “Buy” rating. Rosenblatt maintained the shares of HDP in report on Friday, June 15 with “Buy” rating.

More notable recent Hortonworks, Inc. (NASDAQ:HDP) news were published by: Profitconfidential.com which released: “CLDR Stock: Major Sell-Off Spells Opportunity – Profit Confidential” on November 26, 2018, also Benzinga.com with their article: “60 Biggest Movers From Yesterday – Benzinga” published on December 07, 2018, Nasdaq.com published: “Here’s How M&As Are Giving Cloud Services a Boost – Nasdaq” on November 13, 2018. More interesting news about Hortonworks, Inc. (NASDAQ:HDP) were released by: Nasdaq.com and their article: “European court rules Turkey violated pro-Kurdish politician’s right to speedy trial – Nasdaq” published on November 20, 2018 as well as Seekingalpha.com‘s news article titled: “Hortonworks: The Elephants Are Roaring Back! – Seeking Alpha” with publication date: September 13, 2018.

Hortonworks, Inc. (NASDAQ:HDP) Ratings Chart

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