Copeland Capital Management LLC Acquires New Holdings in Emerald Holding, Inc. (NYSE:EEX)

Copeland Capital Management LLC bought a new position in shares of Emerald Holding, Inc. (NYSE:EEX) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 11,826 shares of the company’s stock, valued at approximately $57,000.

A number of other institutional investors have also made changes to their positions in the stock. SG Americas Securities LLC purchased a new position in shares of Emerald during the 3rd quarter worth approximately $53,000. Virtu Financial LLC acquired a new position in Emerald during the third quarter worth $67,000. Barclays PLC boosted its position in shares of Emerald by 184.2% during the third quarter. Barclays PLC now owns 21,977 shares of the company’s stock worth $109,000 after buying an additional 14,244 shares during the period. Paloma Partners Management Co acquired a new stake in shares of Emerald in the third quarter valued at $164,000. Finally, Centiva Capital LP purchased a new stake in shares of Emerald in the 3rd quarter valued at $169,000. 14.90% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Maxim Group lowered their target price on Emerald from $11.00 to $8.00 and set a “buy” rating for the company in a report on Thursday, October 31st. Rosenblatt Securities lowered their price objective on shares of Emerald from $8.40 to $7.80 and set a “buy” rating for the company in a research note on Thursday, October 31st.

Emerald Price Performance

Shares of NYSE EEX opened at $4.50 on Monday. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.27 and a quick ratio of 1.27. The company has a market cap of $913.43 million, a price-to-earnings ratio of -8.33 and a beta of 1.44. The stock’s 50-day moving average is $4.75 and its two-hundred day moving average is $4.88. Emerald Holding, Inc. has a 1-year low of $3.92 and a 1-year high of $7.05.

Emerald Profile

Emerald Holding, Inc operates business-to-business (B2B) trade shows in the United States. The company provides B2B trade show franchises; and B2B print publications and digital media products, which provide industry specific business news and information across various sectors. It also offers B2B e-commerce and digital merchandising solutions to manufacturers and retailers through Elastic Suite and Bulletin platforms.