05 August, 2017
Ubs Asset Mngmt Americas has invested 0% in Forward Air Corporation (NASDAQ:FWRD). Vanguard Group Inc. raised its position in Forward Air Corporation by 4.5% in the first quarter. It closed at $39.93 lastly. Forward Air Corporation (NASDAQ:FWRD) has risen 16.39% since August 4, 2016 and is uptrending. It has underperformed by 23.64% the S&P500.
Washington Capital Management Inc increased Apache Corp (APA) stake by 169.26% reported in 2016Q4 SEC filing. Three Peaks Capital Management, LLC downsized its ownership by shedding 3,213 shares a decrease of 1.9%. The value of the investment in Sealed Air Corporation increased from $2,872,000 to $3,976,000 a change of 38.4% quarter to quarter. Gatx Corp (Put) now has $2.38B valuation.
In related news, Chairman Bruce A. Campbell sold 20,529 shares of the business's stock in a transaction on Friday, May 26th. Apache Corporation (NYSE:APA) has declined 10.21% since August 4, 2016 and is downtrending. It has underperformed by 15.55% the S&P500. More interesting news about Sealed Air Corp (NYSE:SEE) were released by: Nasdaq.com and their article: "Here's Why You Should Hold on to Sealed Air (SEE) Amid Risks" published on July 11, 2017 as well as Nasdaq.com's news article titled: "Sealed Air (SEE) Q2 Earnings: Will the Stock Pull off a Beat?" with publication date: August 03, 2017. The Firm provides less-than-truckload, truckload, intermodal and pool distribution services across the United States and in Canada. SEE's current price-earnings ratio amounts to 24.17 times earnings, above the average P/E ratio of 23.29 times earnings. The Company's segments include Expedited LTL, Truckload Premium Services (TLS), Intermodal and Pool Distribution.
The consensus target price is $43.23 with 5 firms rating the stock a strong buy, 7 firms rating the stock a buy, 0 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell. Therefore 17% are positive.
Ratings analysis reveals 91% of Air Lease's analysts are positive. The firm has "Market Perform" rating by Cowen & Co given on Thursday, February 11. FBR Capital maintained it with "Outperform" rating and $48 target in Friday, February 24 report. The rating was maintained by FBR Capital on Friday, August 5 with "Outperform". The firm earned "Buy" rating on Monday, March 14 by Citigroup. The company was downgraded on Wednesday, April 5 by Goldman Sachs. The stock has "Market Perform" rating by Cowen & Co on Tuesday, September 20.
On November 1 analysts at Stephens & Co. started coverage with an initial rating of "Overweight". Robert W. Baird has "Outperform" rating and $55 target. The firm has "Buy" rating given on Monday, July 10 by Cowen & Co. The rating was maintained by Cowen & Co with "Market Perform" on Friday, October 21. $76,000 worth of Air Lease Corp (NYSE:AL) was sold by Korde Kishore on Thursday, June 1. $341,986 worth of Forward Air Corporation (NASDAQ:FWRD) was sold by Hance Michael L. TYRRELL JOSEPH P. sold 3,452 shares worth $336,046. The insider JEWELL MATTHEW J sold $641,802. $335,689 worth of Ellie Mae Inc (NYSE:ELLI) shares were sold by HIRSCH PETER.
Investors sentiment decreased to 1.06 in Q4 2016. Its down 0.05, from 1.11 in 2016Q3. It fall, as 28 investors sold AL shares while 83 reduced holdings.
Other hedge funds also recently added to or reduced their stakes in the company. 61,400 are owned by California Public Employees Retirement System. Great West Life Assurance Can reported 10,284 shares. 4,048 are owned by Da Davidson. Stockholders of record on Friday, August 25th will be issued a dividend of $0.15 per share. Independent Consultants reported 19,225 shares. Keybank Natl Association Oh holds 0% or 3,899 shares in its portfolio. Garrison Bradford & Associates Inc. raised its stake in Air Lease Corporation by 0.9% in the first quarter.
ILLEGAL ACTIVITY WARNING: "Brokerages Anticipate Air Lease Corporation (NYSE:AL) Will Post Earnings of $0.88 Per Share" was posted by Week Herald and is the property of of Week Herald. Denali Advsr Limited Liability has 4,000 shares for 0.02% of their portfolio. Finally, Suntrust Banks Inc. raised its stake in Air Lease Corporation by 1.8% in the first quarter. Hawk Ridge Mgmt L P holds 6.76% or 284,641 shares. 299,422 were accumulated by Morgan Stanley. Moreover, D E Shaw & Com has 0% invested in GATX Corporation (NYSE:GATX) for 13,509 shares.
Among 15 analysts covering Elli Mae (NYSE:ELLI), 9 have Buy rating, 0 Sell and 6 Hold. The company was initiated on Monday, September 26 by Mitsubishi UFG. The rating was downgraded by Wolfe Research on Tuesday, August 1 to "Peer Perform". The stock has an average rating of "Buy" and an average target price of $45.43. Cowen & Co maintained the shares of FWRD in report on Thursday, February 11 with "Market Perform" rating. Over the short term, some market observers may have noticed that It has a 3.58% short float with 15 days to cover.
Since March 15, 2017, it had 0 insider purchases, and 4 insider sales for $2.47 million activity. 10,000 shares were bought by JOYCE RENE R, worth $513,800.
