Mountain Hill Investment Partners Corp. Grows Holdings in A2Z Cust2Mate Solutions Corp. $AZ

Mountain Hill Investment Partners Corp. boosted its stake in A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ) by 145.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 137,719 shares of the company’s stock after acquiring an additional 81,500 shares during the period. A2Z Cust2Mate Solutions accounts for 1.0% of Mountain Hill Investment Partners Corp.’s portfolio, making the stock its 19th largest position. Mountain Hill Investment Partners Corp. owned approximately 0.33% of A2Z Cust2Mate Solutions worth $1,100,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in AZ. Weybosset Research & Management LLC raised its stake in shares of A2Z Cust2Mate Solutions by 1,600.0% in the 3rd quarter. Weybosset Research & Management LLC now owns 450,454 shares of the company’s stock valued at $3,599,000 after purchasing an additional 423,956 shares in the last quarter. Curated Wealth Partners LLC lifted its holdings in A2Z Cust2Mate Solutions by 50.0% during the 3rd quarter. Curated Wealth Partners LLC now owns 49,999 shares of the company’s stock worth $399,000 after buying an additional 16,666 shares during the last quarter. Osaic Holdings Inc. acquired a new position in shares of A2Z Cust2Mate Solutions in the 2nd quarter worth approximately $146,000. Honeycomb Asset Management LP bought a new stake in shares of A2Z Cust2Mate Solutions in the 2nd quarter valued at approximately $1,773,000. Finally, NewEdge Advisors LLC acquired a new stake in shares of A2Z Cust2Mate Solutions during the 2nd quarter valued at approximately $148,000. 12.64% of the stock is owned by institutional investors and hedge funds.

A2Z Cust2Mate Solutions Trading Down 3.2%

Shares of NASDAQ AZ opened at $7.60 on Wednesday. The firm has a market capitalization of $318.06 million, a PE ratio of -6.79 and a beta of 1.39. The firm’s 50-day moving average is $6.28 and its 200-day moving average is $7.95. A2Z Cust2Mate Solutions Corp. has a 1 year low of $5.00 and a 1 year high of $12.36.

A2Z Cust2Mate Solutions (NASDAQ:AZ) last announced its quarterly earnings data on Thursday, November 13th. The company reported ($0.07) earnings per share for the quarter. A2Z Cust2Mate Solutions had a negative net margin of 488.70% and a negative return on equity of 86.58%.

A2Z Cust2Mate Solutions declared that its board has authorized a stock repurchase plan on Wednesday, January 7th that authorizes the company to repurchase $20.00 million in outstanding shares. This repurchase authorization authorizes the company to buy up to 6.1% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s management believes its stock is undervalued.

Wall Street Analyst Weigh In

AZ has been the subject of a number of research reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of A2Z Cust2Mate Solutions in a report on Wednesday, October 8th. Benchmark reiterated a “buy” rating on shares of A2Z Cust2Mate Solutions in a research note on Monday, January 5th. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $20.00.

About A2Z Cust2Mate Solutions

A2Z Smart Technologies Corp., a technology company, focuses on the development and commercialization of retail smart cart solutions for grocery stores and supermarkets in Israel and internationally. The company operates through three segments: Precision Metal Parts, Advanced Engineering, and Smart Carts. It offers Cust2Mate system, which incorporates a smart cart that automatically calculates the value of the customers purchases in their smart cart without having to unload and reload their purchases at a customer checkout point.