Amdocs LTD (DOX) Shares Rose While International Value Advisers LLC Decreased by $5.81 Million Its Stake

June 29, 2018 - By Rachel Eickhoff

Amdocs Limited (NASDAQ:DOX) Corporate Logo

Charles De Vaulx’s stake in Amdocs Ltd (DOX) is reduced by 5.87% based on its latest 2018Q1 regulatory filing with the SEC. By selling 87,993 shares International Value Advisers Llc made the stock popped up with 0.12%. The hedge fund run by Charles De Vaulx is holding 1.41M shares, compared to the 1.50M from the previous quarter. And the announced value of the edp services company is $94.14M for the 2018Q1. For a total of 2.14 million shares it increased its holding in Cimarex Energy Co (NYSE:XEC) by 1.04M shares in the quarter, and has risen its stake in .

Investors expect Amdocs Limited (NASDAQ:DOX)’s quarterly earnings on August, 1., as reported by RTT. Last year’s EPS was $0.96, while now analysts expect change of 1.04 % up from current $0.97 EPS. This could reach $138.26 million profit for DOX assuming the current $0.97 EPS will become reality. Analysts at Wall Street see Amdocs Limited’s 10.23 % EPS growth compared to $0.88 EPS for previous quarter.

Another two news for Amdocs Limited (NASDAQ:DOX) were recently announced by: Nasdaq.com on June 26, 2018 with title “Vodafone India Uses Automation Powered by Amdocs Intelligent Operations to Improve Billing Efficiency”. The other Businesswire.com‘s article was titled “Vindicia and Softrax Expand Partnership to Help Ease Accounting Burden” and announced on June 12, 2018.

Amdocs Limited (NASDAQ:DOX) Ratings Coverage

Total analysts of 5 have positions in Amdocs (NASDAQ:DOX) as follows: 3 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 60%. Since January 31, 2018 according to StockzIntelligence Inc Amdocs has 6 analyst reports. On Wednesday, January 31 Oppenheimer maintained Amdocs Limited (NASDAQ:DOX) rating. Oppenheimer has “Buy” rating and $77.0 target. On Wednesday, January 31 the firm earned “Hold” rating by Robert W. Baird. On Friday, May 11 the rating was maintained by Oppenheimer with “Buy”. On Monday, March 19 the stock of Amdocs Limited (NASDAQ:DOX) earned “Buy” rating by Jefferies. On Wednesday, January 31 Stifel Nicolaus maintained Amdocs Limited (NASDAQ:DOX) rating. Stifel Nicolaus has “Buy” rating and $75.0 target.

Amdocs Limited (NASDAQ:DOX) Analyst Ratings Chart

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