During the third quarter, Victory Capital Management INC reduced its holdings in ARC Document Solutions, INC (NYSE: ARC), as stated in the most recent Form 13F filing with the Securities and Exchange Commission that the company submitted.
As a result of the fund selling 224,203 shares of the company’s stock during the quarter, the total number of shares of the company’s stock it currently owns is 769,816. Victory Capital Management INC held approximately 1.79% of ARC Document Solutions at the end of the most recent reporting period, valued at approximately $1,740,000 then.
Several other institutional investors have recently been very active in the market, purchasing and selling ARC shares.
A new investment of approximately $29,000 was made in ARC Document Solutions during the second quarter by Occudo Quantitative Strategies LP.
This was the first time that they had invested in the company.
An increase in Virtu Financial LLC’s holdings of ARC Document Solutions resulted in the company investing approximately $39,000 during the year’s first quarter.
During the second quarter, Prudential Financial INC shelled out approximately 41,000 dollars to complete the purchase of ARC Document Solutions.
Mackenzie Financial Corporation increased its holdings in ARC Document Solutions during the third quarter, bringing the total value of the company’s investments in Mackenzie Financial Corporation to approximately $41,000.
At the end of the second quarter, Sei Investments Company successfully increased the proportion of ARC Document Solutions owned by 26.3%. Since the beginning of the most recent quarter, Sei Investments Company has purchased an additional 5,901 shares of the business services provider’s stock, bringing their total holdings to 28,353 shares of the company’s stock with a value of $71,000.
This brings their total holdings to a value of $71,000.
To the tune of 47.68% of the company’s stock, institutional investors and hedge funds collectively hold the company’s shares.
When the stock market opened for business on Friday, the price of a share of ARC Document Solutions was $3.39 per share.
The price of a share of ARC Document Solutions, INC has ranged from $2.11 to $4.18 over the past year, with a low of $2.11 occurring during that period.
The moving average price of the stock over the past 200 trading days is $2.84, while the moving average price of the stock over the last 50 trading days is $3.09.
The debt-to-equity ratio is 0.37, the current ratio is 1.50, and the quick ratio is 1.37.
All of these numbers are relative to one another.
These numbers can all be understood by one another.
A price-to-earnings ratio of 12.11 and a beta of 1.45 were used to estimate the company’s value, which came in at a total of $145.87 million.
On November 2, the most recent earnings report for ARC Document Solutions was made public.
ARC Document Solutions is a company that trades on the NYSE under the symbol ARC.
In the preceding fiscal quarter, the company that provides business services brought in an average of $0.09 in revenue per share.
The return on equity for ARC Document Solutions was 7.56%, and the net margin for the company was 4.04%.
After considering the company’s expenditures during the relevant period, the business realized a profit of $73.14 million.
In addition, the business recently announced that it would be paying a quarterly dividend on February 28.
This information was made public very recently.
A $0.05 dividend payment will be distributed to the shareholders who were “on record” as of January 31.
The results of this calculation are that there will be a dividend yield of 5.90% and a dividend payment of $0.20 per year.
The ex-dividend date for this dividend is Monday, January 30.ARC Document Solutions’ payout percentage is 71.43%.
StockNews.com debuted its coverage of ARC Document Solutions with the publication of a research study on Wednesday, October 12.
This was the first time the website had mentioned the company.
They encouraged potential buyers to “strongly purchase” the stock.
According to reports from other sources concerning the company’s operations, Chief Executive Officer Kumarakulasingam Suriyakumar sold 24,287 shares of the company’s stock on Tuesday, December 13.
The total amount paid for the purchase of the shares was $69,460.82, which works out to a price of $2.86 per share on an average basis.
As a consequence of the sale, the Chief Executive Officer now directly owns 1,748,377 company shares, each of which has a value of $5,358.22.
If you follow this link, you will be taken to a file submitted to the SEC, which will provide you with additional information regarding the sale.
The company’s current management and employees collectively own 19.76% of the total number of shares that are currently available.
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