SP Plus Corp (NASDAQ:SP) CEO G Marc Baumann sold 1,000 shares of the business’s stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $38.00, for a total value of $38,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

SP Plus Corp (SP) opened at $37.70 on Wednesday. The stock has a market capitalization of $864.79, a P/E ratio of 19.64, a PEG ratio of 2.06 and a beta of 1.07. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.50. SP Plus Corp has a twelve month low of $27.05 and a twelve month high of $41.70.

Several hedge funds have recently added to or reduced their stakes in the company. Zions Bancorporation bought a new position in SP Plus during the third quarter valued at $108,000. Legal & General Group Plc grew its holdings in SP Plus by 5.0% during the second quarter. Legal & General Group Plc now owns 4,205 shares of the business services provider’s stock valued at $129,000 after purchasing an additional 200 shares during the period. SG Americas Securities LLC bought a new position in SP Plus during the third quarter valued at $141,000. California Public Employees Retirement System bought a new position in SP Plus during the second quarter valued at $214,000. Finally, BlueCrest Capital Management Ltd bought a new position in SP Plus during the second quarter valued at $221,000. 96.99% of the stock is owned by institutional investors.

SP has been the topic of a number of research reports. BidaskClub downgraded SP Plus from a “buy” rating to a “hold” rating in a research note on Saturday, November 4th. Zacks Investment Research lowered SP Plus from a “buy” rating to a “hold” rating in a report on Friday, January 5th.

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SP Plus Company Profile

SP Plus Corporation (SP Plus) is a provider of parking management, ground transportation and other ancillary services to commercial, institutional and municipal clients in the United States, Puerto Rico and Canada. The Company’s segments include Region One (Urban), Region Two (Airport transportation), Region Three and Other.

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