Altisource Portfolio Solutions SA
Omega Advisors trims stake in SandRidge Energy
Omega Advisors trimmed its position in SandRidge Energy (SD) this month. It holds 32,162,580 shares, a 6.63% stake, via an amended 13G filing this month.
Leon Cooperman questions Altisource’s capital allocation plan
Omega’s Leon Cooperman criticized Altisource’s poor capital allocation plan for its $200-million share buyback when the stock was trading at $104.
Omega Advisors ups position in Altisource Portfolio Solutions
Omega Advisors added to its position in Altisource Portfolio Solutions this month. It holds 2,257,451 shares, an 11.14% stake, via an amended 13G filing.
Highlights of Omega Advisors via 13G filings
Omega Advisors’ top holdings at end of third quarter were American International Group (AIG), Citigroup (C), SiriusXM (SIRI), and Chimera Investment (CIM).
Luxor Capital ups position in Altisource Asset Management
Altisource Asset Management’s primary business is to provide asset management and certain corporate governance services to institutional investors.
Luxor Capital raises stake in Altisource Portfolio Solutions
Altisource Portfolio Solutions and its subsidiaries are a premier marketplace and transaction solutions provider for the real estate, mortgage, and consumer debt industries.
Luxor Capital adds to position in BJ’s Restaurants
In 3Q14, BJ’s total revenues increased 9.7% to $206.5 million and net income rose 77.7% to $6.5 million.
Luxor Capital ups stake in RCS Capital
RCAP, which has a ~$1.24 billion market cap, is an investment firm that focuses on the retail investor.
Luxor Capital adds new position in Orbitz Worldwide
Orbitz net revenue rose 10% year-over-year to $248.1 million in 2Q14 as a result of higher hotel, vacation package, car, and air transaction volume.
Christian Leone’s Luxor Capital adds a new position in Yahoo
Recently, Yahoo shares went higher after third quarter earnings and revenue beat analyst estimates. Third quarter profit rose to $6.77 billion.
Luxor starts new position in Melco Crown Entertainment
Melco’s net revenue for the second quarter of 2014 was $1.19 billion, down approximately 7% year-over-year.
Luxor Capital’s new positions in 2Q14
As of the end of 2Q14, Luxor Capital’s U.S. long portfolio was worth $5 billion, slightly down from $5.07 billion in 1Q14.