Public Employees Retirement System of Ohio maintained its position in shares of Blucora, Inc. (NASDAQ:BCOR) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 15,263 shares of the information services provider’s stock at the close of the 2nd quarter. Public Employees Retirement System of Ohio’s holdings in Blucora were worth $324,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in Blucora by 28.0% in the 2nd quarter. Vanguard Group Inc. now owns 4,629,622 shares of the information services provider’s stock worth $98,148,000 after purchasing an additional 1,013,363 shares during the last quarter. Prudential Financial Inc. lifted its holdings in Blucora by 156.6% in the 2nd quarter. Prudential Financial Inc. now owns 596,093 shares of the information services provider’s stock worth $12,638,000 after purchasing an additional 363,809 shares during the last quarter. Teachers Advisors LLC lifted its holdings in Blucora by 1.0% in the 2nd quarter. Teachers Advisors LLC now owns 74,603 shares of the information services provider’s stock worth $1,582,000 after purchasing an additional 717 shares during the last quarter. Alliancebernstein L.P. lifted its holdings in Blucora by 231.4% in the 2nd quarter. Alliancebernstein L.P. now owns 175,730 shares of the information services provider’s stock worth $3,725,000 after purchasing an additional 122,710 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its holdings in Blucora by 36.2% in the 2nd quarter. Renaissance Technologies LLC now owns 1,615,200 shares of the information services provider’s stock worth $34,242,000 after purchasing an additional 429,600 shares during the last quarter. Hedge funds and other institutional investors own 87.04% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “Public Employees Retirement System of Ohio Holds Position in Blucora, Inc. (BCOR)” was originally posted by Watch List News and is owned by of Watch List News. If you are reading this piece of content on another domain, it was illegally stolen and reposted in violation of international copyright & trademark law. The original version of this piece of content can be accessed at https://www.watchlistnews.com/public-employees-retirement-system-of-ohio-holds-position-in-blucora-inc-bcor/1704197.html.

Several research firms recently weighed in on BCOR. Zacks Investment Research upgraded Blucora from a “hold” rating to a “strong-buy” rating and set a $25.00 target price for the company in a report on Wednesday, November 1st. ValuEngine lowered Blucora from a “buy” rating to a “hold” rating in a report on Friday, July 28th. BidaskClub upgraded Blucora from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 12th. Barrington Research upped their price target on Blucora from $23.00 to $28.00 and gave the stock an “outperform” rating in a report on Friday, July 28th. Finally, TheStreet lowered Blucora from a “b-” rating to a “c” rating in a report on Monday, October 30th. Two research analysts have rated the stock with a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Blucora presently has a consensus rating of “Buy” and a consensus target price of $25.25.

Blucora, Inc. (NASDAQ:BCOR) opened at $19.55 on Wednesday. Blucora, Inc. has a 1-year low of $13.40 and a 1-year high of $26.15. The company has a market capitalization of $890.23, a P/E ratio of 15.20, a PEG ratio of 0.85 and a beta of -0.27. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 0.65.

Blucora (NASDAQ:BCOR) last issued its quarterly earnings results on Thursday, October 26th. The information services provider reported ($0.12) EPS for the quarter, topping analysts’ consensus estimates of ($0.19) by $0.07. Blucora had a positive return on equity of 11.94% and a negative net margin of 0.46%. The company had revenue of $90.20 million during the quarter, compared to analyst estimates of $89.72 million. During the same period in the previous year, the company earned ($0.24) earnings per share. The company’s quarterly revenue was up 8.4% compared to the same quarter last year. equities research analysts anticipate that Blucora, Inc. will post 1.14 EPS for the current year.

About Blucora

Blucora, Inc is a provider of technology-enabled financial solutions to consumers, small business owners and tax professionals. The Company operates through the Wealth Management and Tax Preparation segments. The Company’s Wealth Management segment consists of HD Vest, which provides financial advisors with an integrated platform of brokerage, investment advisory and insurance services to assist in making each financial advisor a financial service center for his/her clients The Company’s Tax Preparation segment provides digital do-it-yourself (DDIY) tax preparation solutions for consumers, small business owners and tax professionals.

Want to see what other hedge funds are holding BCOR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Blucora, Inc. (NASDAQ:BCOR).

Institutional Ownership by Quarter for Blucora (NASDAQ:BCOR)

Receive News & Ratings for Blucora Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blucora Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.