Deutsche Bank initiated coverage on shares of Cision (NYSE:CISN) in a research note published on Thursday morning. The firm issued a buy rating on the stock.

Separately, Zacks Investment Research lowered shares of Cision from a buy rating to a hold rating in a report on Friday, March 16th.

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Shares of Cision stock traded up $0.15 during trading hours on Thursday, hitting $11.91. 254,596 shares of the stock traded hands, compared to its average volume of 355,483. Cision has a 52-week low of $9.90 and a 52-week high of $13.68. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 4.00.

Cision (NYSE:CISN) last released its earnings results on Thursday, March 8th. The company reported $0.19 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.19. The firm had revenue of $169.00 million during the quarter, compared to analysts’ expectations of $169.82 million. During the same period in the prior year, the company posted $0.10 earnings per share. analysts expect that Cision will post 0.87 EPS for the current fiscal year.

Institutional investors have recently added to or reduced their stakes in the stock. Teacher Retirement System of Texas purchased a new stake in Cision in the 4th quarter worth approximately $148,000. Monashee Investment Management LLC purchased a new stake in Cision in the 4th quarter worth approximately $156,000. Goldman Sachs Group Inc. purchased a new stake in Cision in the 4th quarter worth approximately $237,000. Malaga Cove Capital LLC grew its holdings in Cision by 384.8% during the 4th quarter. Malaga Cove Capital LLC now owns 29,086 shares of the company’s stock valued at $345,000 after buying an additional 23,086 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in Cision by 93.2% during the 4th quarter. Bank of New York Mellon Corp now owns 43,881 shares of the company’s stock valued at $521,000 after buying an additional 21,170 shares in the last quarter. 24.11% of the stock is owned by institutional investors.

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Cision Company Profile

Cision Ltd. provides public relations (PR) software, media distribution, media intelligence, and related professional services worldwide. The company enables public relations and communications professionals to manage, execute, and measure their strategic PR and communications programs. It offers Cision Communications Cloud, an earned media cloud-based platform that brands can use to build relationships with influencers and buyers in order to amplify their marketplace influence; and provides media database that offers access to influencers when planning a campaign, as well as to schedule and record various interactions with contacts.

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