PROS Holdings, Inc. (NYSE:PRO)‘s stock had its “buy” rating reiterated by Deutsche Bank in a research note issued to investors on Friday, AnalystRatings.NET reports.

A number of institutional investors have made changes to their positions in PRO. Simplex Trading acquired a new position in shares of PROS Holdings during the fourth quarter worth about $0. Nationwide Fund Advisors raised its position in PROS Holdings by 7.4% in the fourth quarter. Nationwide Fund Advisors now owns 196,413 shares of the company’s stock worth $4,525,000 after buying an additional 13,455 shares in the last quarter. Finally, Janus Capital Management raised its position in PROS Holdings by 19.0% in the third quarter. Janus Capital Management now owns 759,854 shares of the company’s stock worth $16,823,000 after buying an additional 121,295 shares in the last quarter.

Shares of PROS Holdings (NYSE:PRO) traded down 1.24% during mid-day trading on Friday, reaching $11.90. 136,237 shares of the company traded hands. PROS Holdings has a 52 week low of $11.90 and a 52 week high of $27.23. The stock’s 50-day moving average is $19.53 and its 200-day moving average is $21.83. The company’s market capitalization is $353.39 million.

PROS Holdings (NYSE:PRO) last issued its earnings results on Thursday, November 5th. The company reported ($0.16) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.21) by $0.05. During the same period in the previous year, the firm earned $0.11 EPS. The firm earned $40.86 million during the quarter, compared to analysts’ expectations of $41.43 million. The firm’s revenue was down 12.5% on a year-over-year basis. On average, equities analysts predict that PROS Holdings will post ($0.54) EPS for the current fiscal year.

Several other brokerages also recently weighed in on PRO. JPMorgan Chase & Co. lowered their target price on shares of PROS Holdings from $24.00 to $22.00 and set a “neutral” rating on the stock in a report on Friday, January 15th. Zacks Investment Research reaffirmed a “hold” rating and issued a $16.00 target price on shares of PROS Holdings in a report on Sunday, January 24th. William Blair reaffirmed a “buy” rating on shares of PROS Holdings in a report on Thursday, December 24th. Needham & Company LLC reaffirmed a “buy” rating on shares of PROS Holdings in a report on Saturday, January 16th. Finally, Stifel Nicolaus cut shares of PROS Holdings from a “buy” rating to a “hold” rating in a research note on Friday, January 15th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $24.70.

PROS Holdings, Inc. provides big data software applications designed to help companies outperform in its markets by using big data. The Company offers big data software applications to analyze, execute and optimize sales, pricing, quoting, rebates and revenue management. The Company also provides professional services to implement its software applications, as well as business consulting. In addition, the Company provides product maintenance and support to its customers to receive unspecified upgrades, maintenance releases and bug fixes during the term of the support period on a when-and-if-available basis. The Company provides its big data software applications to enterprises across a range of industries, including manufacturing, distribution, services and travel.

12 Month Chart for NYSE:PRO

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