Barrow Hanley Mewhinney & Strauss LLC Has $2,827,000 Stake in LivePerson, Inc. (LPSN)

Barrow Hanley Mewhinney & Strauss LLC raised its stake in LivePerson, Inc. (NASDAQ:LPSN) by 23.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 374,443 shares of the company’s stock after buying an additional 69,908 shares during the period. Barrow Hanley Mewhinney & Strauss LLC’s holdings in LivePerson were worth $2,827,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of LPSN. Louisiana State Employees Retirement System increased its position in shares of LivePerson by 7.3% in the third quarter. Louisiana State Employees Retirement System now owns 23,500 shares of the company’s stock valued at $198,000 after buying an additional 1,600 shares during the period. Arizona State Retirement System increased its position in shares of LivePerson by 7.0% in the third quarter. Arizona State Retirement System now owns 27,492 shares of the company’s stock valued at $231,000 after buying an additional 1,800 shares during the period. Texas Permanent School Fund increased its position in shares of LivePerson by 7.2% in the third quarter. Texas Permanent School Fund now owns 40,494 shares of the company’s stock valued at $341,000 after buying an additional 2,728 shares during the period. Alambic Investment Management L.P. increased its position in shares of LivePerson by 50.4% in the third quarter. Alambic Investment Management L.P. now owns 16,122 shares of the company’s stock valued at $136,000 after buying an additional 5,400 shares during the period. Finally, Great West Life Assurance Co. Can increased its position in shares of LivePerson by 12.6% in the third quarter. Great West Life Assurance Co. Can now owns 67,265 shares of the company’s stock valued at $565,000 after buying an additional 7,523 shares during the period. 73.75% of the stock is owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for LivePerson (NASDAQ:LPSN)

Shares of LivePerson, Inc. (NASDAQ:LPSN) traded up 2.84% during midday trading on Monday, reaching $7.25. 109,328 shares of the company’s stock were exchanged. The company’s market cap is $404.99 million. The stock’s 50 day moving average price is $7.40 and its 200 day moving average price is $7.89. LivePerson, Inc. has a 12-month low of $3.79 and a 12-month high of $8.85.

LivePerson (NASDAQ:LPSN) last announced its quarterly earnings data on Wednesday, February 8th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.01 by $0.05. LivePerson had a negative net margin of 11.61% and a negative return on equity of 9.42%. The firm earned $56.10 million during the quarter, compared to analysts’ expectations of $56.14 million. During the same period in the prior year, the company posted $0.07 EPS. The company’s revenue for the quarter was down 5.1% compared to the same quarter last year. Equities analysts anticipate that LivePerson, Inc. will post $0.11 earnings per share for the current fiscal year.

“Barrow Hanley Mewhinney & Strauss LLC Has $2,827,000 Stake in LivePerson, Inc. (LPSN)” was originally reported by sleekmoney and is the sole property of of sleekmoney. If you are reading this piece on another site, it was copied illegally and republished in violation of international copyright and trademark laws. The original version of this piece can be accessed at http://sleekmoney.com/barrow-hanley-mewhinney-strauss-llc-has-2827000-stake-in-liveperson-inc-lpsn/1658506.html.

Several equities analysts recently issued reports on the stock. Zacks Investment Research cut shares of LivePerson from a “buy” rating to a “hold” rating in a research report on Wednesday, January 11th. Credit Suisse Group set a $6.00 price target on shares of LivePerson and gave the company a “hold” rating in a research report on Wednesday, November 9th. Finally, TheStreet upgraded shares of LivePerson from a “sell” rating to a “hold” rating in a research report on Friday, November 18th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $8.94.

LivePerson Company Profile

LivePerson, Inc (Liveperson) is a provider of mobile and online messaging technologies that power digital communication between brands and consumers. The Company’s segments include Business and Consumer. The Business segment enables brands to leverage its cloud-based LiveEngage’s intelligence engine.

5 Day Chart for NASDAQ:LPSN

Want to see what other hedge funds are holding LPSN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for LivePerson, Inc. (NASDAQ:LPSN).

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