Deer Park Road Corp Purchases 28,162 Shares of Altisource Portfolio Solutions S.A. (NASDAQ:ASPS)

Deer Park Road Corp grew its position in Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) by 0.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,277,138 shares of the business services provider’s stock after buying an additional 28,162 shares during the quarter. Altisource Portfolio Solutions accounts for 0.2% of Deer Park Road Corp’s holdings, making the stock its 2nd largest holding. Deer Park Road Corp owned approximately 15.86% of Altisource Portfolio Solutions worth $6,031,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of ASPS. Black Maple Capital Management LP grew its position in Altisource Portfolio Solutions by 97.2% in the 4th quarter. Black Maple Capital Management LP now owns 39,439 shares of the business services provider’s stock valued at $140,000 after acquiring an additional 19,439 shares in the last quarter. Cannell Capital LLC boosted its stake in shares of Altisource Portfolio Solutions by 51.1% in the fourth quarter. Cannell Capital LLC now owns 1,233,385 shares of the business services provider’s stock valued at $4,391,000 after purchasing an additional 417,043 shares during the period. Finally, Foundry Partners LLC grew its holdings in shares of Altisource Portfolio Solutions by 3.8% in the first quarter. Foundry Partners LLC now owns 617,274 shares of the business services provider’s stock valued at $1,198,000 after purchasing an additional 22,844 shares in the last quarter. Hedge funds and other institutional investors own 41.36% of the company’s stock.

Altisource Portfolio Solutions Stock Up 0.9 %

Altisource Portfolio Solutions stock opened at $1.12 on Thursday. Altisource Portfolio Solutions S.A. has a 52-week low of $0.99 and a 52-week high of $4.70. The firm has a market cap of $30.36 million, a PE ratio of -0.51 and a beta of 0.95. The company’s 50 day moving average is $1.21 and its two-hundred day moving average is $1.58.

Altisource Portfolio Solutions (NASDAQ:ASPS) last released its earnings results on Thursday, July 25th. The business services provider reported ($0.23) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.27) by $0.04. The company had revenue of $36.86 million during the quarter, compared to analysts’ expectations of $38.32 million. On average, equities research analysts anticipate that Altisource Portfolio Solutions S.A. will post -0.83 earnings per share for the current fiscal year.

Altisource Portfolio Solutions Company Profile

Altisource Portfolio Solutions SA operates as an integrated service provider and marketplace for the real estate and mortgage industries in the United States and internationally. It operates through Servicer and Real Estate, and Origination segments. The Servicer and Real Estate segment offers property preservation, inspection, title insurance and settlement, real estate valuation, foreclosure trustee, and residential and commercial construction inspection and risk mitigation services.