New York State Common Retirement Fund Has $191,000 Holdings in Acacia Research Corporation (ACTG)

New York State Common Retirement Fund lessened its stake in shares of Acacia Research Corporation (NASDAQ:ACTG) by 0.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 46,700 shares of the business services provider’s stock after selling 1 shares during the period. New York State Common Retirement Fund owned 0.09% of Acacia Research Corporation worth $191,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in ACTG. American International Group Inc. grew its stake in shares of Acacia Research Corporation by 7.1% in the first quarter. American International Group Inc. now owns 30,748 shares of the business services provider’s stock worth $177,000 after acquiring an additional 2,028 shares during the last quarter. TIAA CREF Investment Management LLC lifted its position in Acacia Research Corporation by 13.7% in the first quarter. TIAA CREF Investment Management LLC now owns 261,367 shares of the business services provider’s stock worth $1,503,000 after purchasing an additional 31,496 shares during the period. Geode Capital Management LLC lifted its position in Acacia Research Corporation by 5.6% in the first quarter. Geode Capital Management LLC now owns 379,856 shares of the business services provider’s stock worth $2,184,000 after purchasing an additional 20,257 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Acacia Research Corporation by 8.3% during the first quarter. Dimensional Fund Advisors LP now owns 900,517 shares of the business services provider’s stock valued at $5,178,000 after acquiring an additional 68,880 shares during the period. Finally, KCG Holdings Inc. lifted its holdings in shares of Acacia Research Corporation by 51.7% during the first quarter. KCG Holdings Inc. now owns 21,822 shares of the business services provider’s stock valued at $125,000 after acquiring an additional 7,440 shares during the period. Institutional investors own 69.25% of the company’s stock.

Acacia Research Corporation (ACTG) opened at $4.30 on Friday. Acacia Research Corporation has a twelve month low of $2.90 and a twelve month high of $7.68. The stock has a market capitalization of $217.60, a PE ratio of 1.46 and a beta of 1.24.

In other Acacia Research Corporation news, Director G Louis Graziadio III purchased 8,200 shares of the business’s stock in a transaction that occurred on Friday, September 1st. The stock was acquired at an average cost of $3.40 per share, with a total value of $27,880.00. Following the completion of the acquisition, the director now directly owns 523,351 shares of the company’s stock, valued at approximately $1,779,393.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Frank E. Walsh III purchased 25,000 shares of the business’s stock in a transaction that occurred on Friday, September 15th. The stock was acquired at an average cost of $3.98 per share, with a total value of $99,500.00. Following the completion of the acquisition, the director now directly owns 383,961 shares of the company’s stock, valued at $1,528,164.78. The disclosure for this purchase can be found here. Insiders purchased 111,856 shares of company stock valued at $409,459 over the last ninety days. 2.81% of the stock is currently owned by company insiders.

A number of research analysts have issued reports on ACTG shares. Zacks Investment Research raised Acacia Research Corporation from a “sell” rating to a “hold” rating in a report on Monday, November 13th. Barclays PLC reissued a “sell” rating and set a $5.00 price objective on shares of Acacia Research Corporation in a report on Tuesday, October 31st. ValuEngine cut Acacia Research Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, August 2nd. Finally, TheStreet raised Acacia Research Corporation from a “d” rating to a “c-” rating in a report on Thursday, October 26th. One analyst has rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $6.50.

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Acacia Research Corporation Profile

Acacia Research Corporation, through its subsidiaries, invests in, licenses and enforces patented technologies. The Company’s operating subsidiaries partner with inventors and patent owners, applying their legal and technology expertise to patent assets to unlock the financial value in their patented inventions.

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Institutional Ownership by Quarter for Acacia Research Corporation (NASDAQ:ACTG)

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