As Fleetcor Technologies INC (FLT) Share Price Declined, Shareholder Crescent Park Management LP Has Lifted Its Position

FleetCor Technologies, Inc. (NYSE:FLT) LogoInvestors sentiment decreased to 1.01 in Q3 2018. Its down 0.60, from 1.61 in 2018Q2. It turned negative, as 36 investors sold FLT shares while 141 reduced holdings. 61 funds opened positions while 117 raised stakes. 82.12 million shares or 3.27% less from 84.90 million shares in 2018Q2 were reported. The New York-based Tiger Global Mgmt Ltd Liability Company has invested 1.21% in FleetCor Technologies, Inc. (NYSE:FLT). Hanseatic Mgmt has invested 0.84% in FleetCor Technologies, Inc. (NYSE:FLT). Robeco Institutional Asset Management Bv reported 169,950 shares. 7,240 were reported by Piedmont Invest Advsrs Inc. Brown Cap Mngmt Limited Liability Company, a Maryland-based fund reported 3,820 shares. The Maryland-based Profund Advsr has invested 0.02% in FleetCor Technologies, Inc. (NYSE:FLT). Oppenheimer Asset Mgmt Inc accumulated 15,547 shares or 0.08% of the stock. Sumitomo Mitsui Asset Commerce Limited has invested 0.02% in FleetCor Technologies, Inc. (NYSE:FLT). Nordea Invest Mngmt Ab has invested 0% in FleetCor Technologies, Inc. (NYSE:FLT). Amp accumulated 33,994 shares or 0.04% of the stock. Cibc Ww Mkts Inc invested in 0% or 2,215 shares. Credit Suisse Ag accumulated 109,456 shares. Sei Investments Co reported 0.03% in FleetCor Technologies, Inc. (NYSE:FLT). Ubs Asset Management Americas has invested 0% of its portfolio in FleetCor Technologies, Inc. (NYSE:FLT). Strs Ohio reported 8,649 shares.

Crescent Park Management Lp increased its stake in Fleetcor Technologies Inc (FLT) by 9.52% based on its latest 2018Q3 regulatory filing with the SEC. Crescent Park Management Lp bought 18,041 shares as the company’s stock declined 14.59% with the market. The institutional investor held 207,591 shares of the miscellaneous company at the end of 2018Q3, valued at $47.30M, up from 189,550 at the end of the previous reported quarter. Crescent Park Management Lp who had been investing in Fleetcor Technologies Inc for a number of months, seems to be bullish on the $16.08 billion market cap company. The stock decreased 0.62% or $1.13 during the last trading session, reaching $181.41. About 616,761 shares traded. FleetCor Technologies, Inc. (NYSE:FLT) has risen 0.08% since December 12, 2017 and is uptrending. It has outperformed by 0.08% the S&P500.

More notable recent FleetCor Technologies, Inc. (NYSE:FLT) news were published by: Streetinsider.com which released: “Lone Pine Capital Enters Dollar Tree (DLTR), Square (SQ), T-Mobile (TMUS) (more…) – 13F – StreetInsider.com” on November 14, 2018, also Benzinga.com with their article: “Benzinga’s Top Upgrades, Downgrades For December 11, 2018 – Benzinga” published on December 11, 2018, Fool.com published: “MGM Resorts Is Putting Together a Sports Betting Empire – The Motley Fool” on December 09, 2018. More interesting news about FleetCor Technologies, Inc. (NYSE:FLT) were released by: Globenewswire.com and their article: “Update: Lawsuit for Investors in shares of FleetCor Technologies, Inc. (NYSE: FLT) announced by Shareholders Foundation – GlobeNewswire” published on May 22, 2018 as well as Seekingalpha.com‘s news article titled: “Daily Graph: Exceptional Compounder FleetCor Technologies – Seeking Alpha” with publication date: November 29, 2018.

FleetCor Technologies, Inc. (NYSE:FLT) Ratings Coverage

Among 4 analysts covering Fleetcor Technologies (NYSE:FLT), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Fleetcor Technologies had 4 analyst reports since July 20, 2018 according to SRatingsIntel. Citigroup maintained the shares of FLT in report on Friday, July 20 with “Buy” rating. The stock of FleetCor Technologies, Inc. (NYSE:FLT) earned “Neutral” rating by Goldman Sachs on Tuesday, December 11. The rating was maintained by Morgan Stanley with “Overweight” on Friday, August 3.

FleetCor Technologies, Inc. (NYSE:FLT) Institutional Positions Chart

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