Zacks Investment Research downgraded shares of ARC Document Solutions (NYSE:ARC) from a hold rating to a sell rating in a research report sent to investors on Tuesday.

According to Zacks, “ARC Document Solutions Inc. is a document solutions company providing business-to-business document management technology and services to the architectural, engineering and construction, or AEC industries. It also provides document management services to companies in non-AEC industries, such as technology, financial services, retail, entertainment, and food and hospitality. The Company provides services that include scanning, imaging, and managing black and white and color documents. ARC Document Solutions Inc., formerly known as American Reprographics Company, is headquartered in Walnut Creek, California. “

Other equities research analysts also recently issued reports about the stock. ValuEngine downgraded shares of ARC Document Solutions from a buy rating to a hold rating in a research note on Thursday, November 2nd. TheStreet downgraded shares of ARC Document Solutions from a c- rating to a d+ rating in a research note on Friday, November 17th. FBR & Co downgraded shares of ARC Document Solutions from a buy rating to a neutral rating and raised their target price for the company from $4.00 to $5.25 in a research note on Thursday, November 2nd. Finally, B. Riley cut shares of ARC Document Solutions from a buy rating to a neutral rating and decreased their price target for the stock from $5.25 to $4.00 in a report on Thursday, November 2nd. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average price target of $4.63.

Shares of ARC Document Solutions (ARC) opened at $2.17 on Tuesday. The firm has a market cap of $108.25, a P/E ratio of 12.26 and a beta of 2.28. ARC Document Solutions has a one year low of $2.15 and a one year high of $4.84. The company has a quick ratio of 1.34, a current ratio of 1.61 and a debt-to-equity ratio of 0.85.

In other ARC Document Solutions news, Director Mark W. Mealy sold 22,000 shares of the firm’s stock in a transaction on Thursday, December 21st. The shares were sold at an average price of $2.71, for a total value of $59,620.00. Following the completion of the transaction, the director now owns 116,538 shares of the company’s stock, valued at $315,817.98. The transaction was disclosed in a filing with the SEC, which is available at this link. In the last ninety days, insiders acquired 3,766 shares of company stock valued at $8,802. Corporate insiders own 14.93% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Boston Partners raised its holdings in shares of ARC Document Solutions by 6.3% in the third quarter. Boston Partners now owns 1,540,913 shares of the business services provider’s stock worth $6,302,000 after buying an additional 91,010 shares during the last quarter. First Quadrant L P CA raised its holdings in shares of ARC Document Solutions by 14.3% in the fourth quarter. First Quadrant L P CA now owns 281,985 shares of the business services provider’s stock worth $719,000 after buying an additional 35,258 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of ARC Document Solutions by 3.8% in the second quarter. Dimensional Fund Advisors LP now owns 2,202,841 shares of the business services provider’s stock worth $9,164,000 after buying an additional 80,216 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of ARC Document Solutions by 25.8% in the second quarter. Ameriprise Financial Inc. now owns 672,723 shares of the business services provider’s stock worth $2,798,000 after buying an additional 138,065 shares during the last quarter. Finally, OxFORD Asset Management LLP raised its holdings in shares of ARC Document Solutions by 35.9% in the third quarter. OxFORD Asset Management LLP now owns 181,436 shares of the business services provider’s stock worth $744,000 after buying an additional 47,921 shares during the last quarter. 70.59% of the stock is owned by institutional investors and hedge funds.

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ARC Document Solutions Company Profile

ARC Document Solutions, Inc (ARC) is a document solutions provider for the architectural, engineering and construction (AEC) industry. The Company also provides document solutions to businesses of various types. ARC’s offerings include managed print services (MPS), offsite services, archive and information management (AIM), specialized color printing, Web-based document management applications, digital shipping/managed file transfer, and equipment and supplies sales.

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