Clarivate Plc (CCC): Who Are The Top holders?


Clarivate Plc (NYSE:CCC) changes shares on Friday trading session, with a change of 0.00% or $0.0 shares. The trading starts at $22.62 and closed at $22.50 throughout the day. The trading session low price was $22.43 and day high was $22.79 on Friday, June 19. After the session, the Technology sector daily volume shifted to 1.74 million while its average volume is 1.81M. In other hand, the CCC market cap reached to $8.22B. While, its current target price is $22.50 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 1.35% and down -0.62% for month. Its quarterly performance was 30.43% above, while its half year performance is up 34.01%. CCC yearly performance stood at positive 56.69% and rise 33.93% for year-to-date. Current recommendation for Clarivate Plc is 1.90.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. CCC EPS (TTM) for 12-month is -0.75. EPS for this year is -496.20%, while for the next year its value is 0.75. Its EPS Q/Q reached 20.80%.

Let’s take a look on the analyst recommendations on CCC for the current month and previous month. For the current month, 5 of 6 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 1 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $24.00-$28.00. Average target price for CCC was reached at $26.40.

Price (T.Rowe) Associates Inc, FMR, LLC and Massachusetts Financial Services Co. are the top three holders in Clarivate Plc (CCC) stock. On Mar 30, 2020, Price (T.Rowe) Associates Inc has 45.64 million shares which valued 946.95 million. On Mar 30, 2020, FMR, LLC owned 30.22 million shares which valued at 627.13 million. On Mar 30, 2020, Massachusetts Financial Services Co. has a total of 19.26 million shares which valued at 399.67 million. In the end, Massachusetts Financial Services Co. have 5.27% shares outstanding of Clarivate Plc (CCC) on Mar 30, 2020. The insider ownership moved to 14.99% and institutional holding shifted to 86.00%.

The company posted an EPS (TTM) of -0.75. According to the most recent quarter report on (Jun 2020), 5 analysts estimated an average EPS of 0.15, while 0.11 EPS posted a year ago period. Analyst Estimated EPS for CCC published in the report was 0.14-0.16 during the same period. Comparing with last year, the average estimated EPS was 0.11 which is higher than 0.07 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for CCC rise 15.75% for period of 200 days. SMA for 50 days was -1.51% which is showing red signal, while SMA-20 was -0.45%. The moving average value for Clarivate Plc (CCC) is 20.67 and 22.92 for 200 and 50 days respectively.