Manhattan Associates, Inc. (MANH) is New Amsterdam Partners LLC NY’s 10th Largest Position

New Amsterdam Partners LLC NY grew its stake in Manhattan Associates, Inc. (NASDAQ:MANH) by 1.0% during the 4th quarter, HoldingsChannel reports. The firm owned 218,215 shares of the software maker’s stock after buying an additional 2,106 shares during the quarter. Manhattan Associates accounts for about 2.2% of New Amsterdam Partners LLC NY’s investment portfolio, making the stock its 10th biggest holding. New Amsterdam Partners LLC NY’s holdings in Manhattan Associates were worth $10,810,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the business. The Manufacturers Life Insurance Company boosted its position in Manhattan Associates by 0.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 102,222 shares of the software maker’s stock worth $4,914,000 after purchasing an additional 454 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Manhattan Associates by 45.6% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,719 shares of the software maker’s stock worth $184,000 after purchasing an additional 1,165 shares in the last quarter. Huntington National Bank boosted its position in Manhattan Associates by 16.8% in the 3rd quarter. Huntington National Bank now owns 8,694 shares of the software maker’s stock worth $361,000 after purchasing an additional 1,251 shares in the last quarter. Wedge Capital Management L L P NC boosted its position in Manhattan Associates by 18.4% in the 4th quarter. Wedge Capital Management L L P NC now owns 10,717 shares of the software maker’s stock worth $531,000 after purchasing an additional 1,662 shares in the last quarter. Finally, Bbva Compass Bancshares Inc. boosted its position in Manhattan Associates by 19.9% in the 3rd quarter. Bbva Compass Bancshares Inc. now owns 11,076 shares of the software maker’s stock worth $461,000 after purchasing an additional 1,841 shares in the last quarter.

Shares of Manhattan Associates, Inc. (NASDAQ MANH) opened at $50.70 on Monday. Manhattan Associates, Inc. has a 52-week low of $40.75 and a 52-week high of $54.21. The company has a market capitalization of $3,494.91, a P/E ratio of 28.64 and a beta of 1.08.

Several equities research analysts have commented on the company. BidaskClub upgraded Manhattan Associates from a “hold” rating to a “buy” rating in a research report on Wednesday, December 27th. Zacks Investment Research lowered Manhattan Associates from a “hold” rating to a “sell” rating in a research report on Tuesday, December 26th. Finally, KeyCorp restated a “hold” rating on shares of Manhattan Associates in a research report on Tuesday, October 17th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $55.00.

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Manhattan Associates Company Profile

Manhattan Associates, Inc (Manhattan) is a developer and provider of supply chain commerce solutions. The Company operates through three geographical segments: the Americas, Europe, Middle East and Africa (EMEA), and the Asia Pacific (APAC). It is engaged in developing, selling, deploying, servicing and maintaining software solutions designed to manage supply chains, inventory and omni-channel operations for retailers, wholesalers, manufacturers, logistics providers and other organizations.

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Institutional Ownership by Quarter for Manhattan Associates (NASDAQ:MANH)

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