Deutsche Bank AG increased its position in shares of Criteo SA (NASDAQ:CRTO) by 100.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,421,163 shares of the information services provider’s stock after purchasing an additional 713,257 shares during the quarter. Deutsche Bank AG’s holdings in Criteo were worth $36,992,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the stock. State Street Corp grew its holdings in Criteo by 3.2% during the 2nd quarter. State Street Corp now owns 26,727 shares of the information services provider’s stock worth $1,311,000 after acquiring an additional 820 shares during the last quarter. First Republic Investment Management Inc. grew its holdings in Criteo by 18.5% during the 3rd quarter. First Republic Investment Management Inc. now owns 11,284 shares of the information services provider’s stock worth $468,000 after acquiring an additional 1,762 shares during the last quarter. Synovus Financial Corp grew its holdings in Criteo by 13.4% during the 3rd quarter. Synovus Financial Corp now owns 16,548 shares of the information services provider’s stock worth $682,000 after acquiring an additional 1,960 shares during the last quarter. PARUS FINANCE UK Ltd grew its holdings in Criteo by 0.5% during the 4th quarter. PARUS FINANCE UK Ltd now owns 551,915 shares of the information services provider’s stock worth $14,366,000 after acquiring an additional 2,790 shares during the last quarter. Finally, Janney Capital Management LLC grew its holdings in Criteo by 46.2% during the 3rd quarter. Janney Capital Management LLC now owns 8,840 shares of the information services provider’s stock worth $366,000 after acquiring an additional 2,794 shares during the last quarter. Institutional investors and hedge funds own 72.78% of the company’s stock.

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A number of equities research analysts have commented on CRTO shares. Stifel Nicolaus reissued a “hold” rating and set a $28.00 price objective (up previously from $26.00) on shares of Criteo in a report on Thursday, February 15th. Citigroup increased their price objective on shares of Criteo from $28.00 to $32.00 and gave the stock a “neutral” rating in a report on Wednesday, February 21st. Macquarie raised shares of Criteo from a “neutral” rating to an “outperform” rating in a report on Tuesday, January 2nd. Cowen reissued a “hold” rating and set a $29.00 price objective on shares of Criteo in a report on Thursday, February 15th. Finally, BMO Capital Markets increased their price objective on shares of Criteo from $26.00 to $32.00 and gave the stock a “market perform” rating in a report on Thursday, February 15th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and seven have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $43.35.

Criteo SA (NASDAQ CRTO) opened at $30.02 on Friday. The stock has a market cap of $1,981.11, a PE ratio of 16.87, a PEG ratio of 0.98 and a beta of 1.82. Criteo SA has a one year low of $21.00 and a one year high of $56.00.

Criteo (NASDAQ:CRTO) last announced its quarterly earnings results on Wednesday, February 14th. The information services provider reported $1.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.47. The business had revenue of $277.00 million for the quarter, compared to the consensus estimate of $262.02 million. Criteo had a net margin of 3.97% and a return on equity of 15.34%. Criteo’s revenue for the quarter was up 23.1% on a year-over-year basis. During the same period last year, the company posted $0.84 EPS. equities analysts predict that Criteo SA will post 1.53 earnings per share for the current year.

In related news, CEO Eric Eichmann sold 7,153 shares of the stock in a transaction that occurred on Monday, January 29th. The shares were sold at an average price of $24.87, for a total value of $177,895.11. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Jean-Baptiste Rudelle sold 1,261 shares of the stock in a transaction that occurred on Tuesday, January 30th. The shares were sold at an average price of $24.78, for a total transaction of $31,247.58. The disclosure for this sale can be found here. Company insiders own 5.60% of the company’s stock.

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Criteo Profile

Criteo SA is a France-based company specializing in digital performance marketing. Its solution consists of the Criteo Engine, the Company’s data assets, access to inventory, and its advertiser and publisher platforms. The Criteo Engine consists of various machine learning algorithms, such as prediction, recommendation, bidding and creative algorithms and the global hardware and software infrastructure.

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Institutional Ownership by Quarter for Criteo (NASDAQ:CRTO)

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