Raymond James & Associates Lowers Stake in Benefitfocus Inc (BNFT)
Summary
Raymond James & Associates lowered its holdings in Benefitfocus Inc (NASDAQ:BNFT) by 0.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. On average, equities research analysts predict that Benefitfocus Inc will post -1.05 earnings per share for the current year. Finally, Goldman Sachs Group restated a “neutral” rating and issued a $55.00 target price on shares of Benefitfocus in a research report on Friday, February 1st. In other Benefitfocus news, Director Francis J. Pelzer sold 1,630 shares of the stock in a transaction on Monday, February 25th. Benefitfocus, Inc provides cloud-based benefits management platform for consumers, employers, insurance carriers, and brokers in the United States.