Mattersight (MATR) Stock Rating Lowered by Lake Street Capital

Mattersight (NASDAQ:MATR) was downgraded by analysts at Lake Street Capital from a “buy” rating to a “hold” rating in a report released on Thursday.

Separately, Zacks Investment Research cut Mattersight from a “hold” rating to a “sell” rating in a report on Wednesday, December 13th.

Shares of Mattersight (MATR) opened at $2.55 on Thursday. The company has a debt-to-equity ratio of -2.61, a quick ratio of 1.35 and a current ratio of 1.35. Mattersight has a 12-month low of $2.10 and a 12-month high of $4.00. The company has a market capitalization of $83.47, a P/E ratio of -3.98 and a beta of 0.07.

Mattersight (NASDAQ:MATR) last issued its quarterly earnings results on Wednesday, February 14th. The software maker reported ($0.05) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.10) by $0.05. analysts predict that Mattersight will post -0.59 EPS for the current fiscal year.

A number of large investors have recently modified their holdings of MATR. PenderFund Capital Management Ltd. acquired a new position in shares of Mattersight in the 4th quarter valued at $6,205,000. Russell Investments Group Ltd. lifted its stake in shares of Mattersight by 93.1% in the 3rd quarter. Russell Investments Group Ltd. now owns 813,991 shares of the software maker’s stock valued at $2,279,000 after purchasing an additional 392,491 shares during the last quarter. Boston Partners lifted its stake in shares of Mattersight by 45.6% in the 3rd quarter. Boston Partners now owns 1,184,317 shares of the software maker’s stock valued at $3,316,000 after purchasing an additional 370,917 shares during the last quarter. Penn Capital Management Co. Inc. lifted its stake in shares of Mattersight by 15.7% in the 4th quarter. Penn Capital Management Co. Inc. now owns 1,299,436 shares of the software maker’s stock valued at $3,314,000 after purchasing an additional 176,282 shares during the last quarter. Finally, B. Riley Financial Inc. acquired a new position in shares of Mattersight in the 3rd quarter valued at $138,000. Institutional investors own 36.21% of the company’s stock.

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About Mattersight

Mattersight Corporation offers behavioral analytics and provides personality-based software products. The Company uses various applications, including predictive behavioral routing, performance management, quality assurance and predictive analytics (collectively, Behavioral Analytics) to analyze and predict customer behavior based on the language exchanged between agents and customers during brand interactions.

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