D. E. Shaw & Co. Inc. Invests $706,000 in Cision Ltd (NYSE:CISN)

D. E. Shaw & Co. Inc. acquired a new stake in shares of Cision Ltd (NYSE:CISN) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 60,314 shares of the company’s stock, valued at approximately $706,000.

A number of other institutional investors have also recently bought and sold shares of the business. JPMorgan Chase & Co. boosted its position in Cision by 6.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 6,488,779 shares of the company’s stock valued at $109,011,000 after acquiring an additional 410,854 shares in the last quarter. Vanguard Group Inc boosted its position in Cision by 39.5% during the 3rd quarter. Vanguard Group Inc now owns 6,253,255 shares of the company’s stock valued at $105,055,000 after acquiring an additional 1,770,709 shares in the last quarter. Vanguard Group Inc. boosted its position in Cision by 39.5% during the 3rd quarter. Vanguard Group Inc. now owns 6,253,255 shares of the company’s stock valued at $105,055,000 after acquiring an additional 1,770,709 shares in the last quarter. BlackRock Inc. boosted its position in Cision by 32.4% during the 4th quarter. BlackRock Inc. now owns 4,703,520 shares of the company’s stock valued at $55,032,000 after acquiring an additional 1,151,604 shares in the last quarter. Finally, Vaughan Nelson Investment Management L.P. boosted its position in Cision by 20.9% during the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 2,261,965 shares of the company’s stock valued at $26,466,000 after acquiring an additional 391,365 shares in the last quarter. 49.09% of the stock is currently owned by institutional investors and hedge funds.

CISN has been the topic of a number of analyst reports. ValuEngine cut Cision from a “buy” rating to a “hold” rating in a research report on Monday, April 1st. Zacks Investment Research cut Cision from a “hold” rating to a “sell” rating in a research report on Friday, January 11th. Five research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Cision currently has an average rating of “Buy” and an average target price of $18.20.

NYSE CISN traded up $0.33 during mid-day trading on Friday, reaching $12.00. The stock had a trading volume of 620,639 shares, compared to its average volume of 572,173. Cision Ltd has a 1 year low of $10.86 and a 1 year high of $18.28. The firm has a market cap of $1.78 billion, a P/E ratio of 14.46 and a beta of 0.51. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 4.18.

Cision (NYSE:CISN) last announced its quarterly earnings data on Thursday, February 28th. The company reported $0.22 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.22. Cision had a negative net margin of 3.34% and a positive return on equity of 34.60%. The company had revenue of $186.37 million during the quarter, compared to analyst estimates of $186.45 million. As a group, equities analysts expect that Cision Ltd will post 0.8 earnings per share for the current fiscal year.

In other Cision news, insider Rainer Mathes sold 15,000 shares of the business’s stock in a transaction on Tuesday, April 30th. The shares were sold at an average price of $12.12, for a total transaction of $181,800.00. Following the completion of the sale, the insider now directly owns 1,712,769 shares in the company, valued at approximately $20,758,760.28. The sale was disclosed in a document filed with the SEC, which is available through this link. 6.70% of the stock is owned by insiders.

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Cision Profile

Cision Ltd. provides public relations (PR) software, media distribution, media intelligence, and related professional services to businesses worldwide. The company enables public relations and communications professionals to manage, execute, and measure their strategic PR and communications programs.

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Institutional Ownership by Quarter for Cision (NYSE:CISN)

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