As Freightcar Amer (RAIL) Market Valuation Rose, Millennium Management Has Decreased by $1.25 Million Its Position; Now (DNOW) Holder Mraz Amerine & Associates Boosted Holding

February 13, 2018 - By mmahotstuff

Israel Englander decreased its stake in Freightcar Amer Inc (RAIL) by 33.68% based on its latest 2017Q3 regulatory filing with the SEC. Millennium Management Llc sold 65,710 shares as the company’s stock rose 15.39% with the market. The hedge fund run by Israel Englander held 129,385 shares of the capital goods company at the end of 2017Q3, valued at $2.53 million, down from 195,095 at the end of the previous reported quarter. Millennium Management Llc who had been investing in Freightcar Amer Inc for a number of months, seems to be less bullish one the $180.79M market cap company. The stock decreased 0.17% or $0.02 during the last trading session, reaching $14.59. About 40,886 shares traded. FreightCar America, Inc. (NASDAQ:RAIL) has risen 17.23% since February 13, 2017 and is uptrending. It has outperformed by 0.53% the S&P500.

Mraz Amerine & Associates Inc increased its stake in Now Inc (DNOW) by 48.45% based on its latest 2017Q3 regulatory filing with the SEC. Mraz Amerine & Associates Inc bought 76,583 shares as the company’s stock declined 12.97% while stock markets rallied. The institutional investor held 234,645 shares of the metal fabrications company at the end of 2017Q3, valued at $3.24 million, up from 158,062 at the end of the previous reported quarter. Mraz Amerine & Associates Inc who had been investing in Now Inc for a number of months, seems to be bullish on the $1.05 billion market cap company. The stock decreased 1.52% or $0.15 during the last trading session, reaching $9.72. About 1.16 million shares traded. NOW Inc. (NYSE:DNOW) has risen 9.86% since February 13, 2017 and is uptrending. It has underperformed by 6.84% the S&P500.

Among 11 analysts covering Now Inc (NYSE:DNOW), 4 have Buy rating, 0 Sell and 7 Hold. Therefore 36% are positive. Now Inc had 34 analyst reports since August 6, 2015 according to SRatingsIntel. Cowen & Co maintained the shares of DNOW in report on Friday, October 6 with “Hold” rating. As per Tuesday, January 10, the company rating was upgraded by Susquehanna. The stock of NOW Inc. (NYSE:DNOW) earned “Hold” rating by Cowen & Co on Thursday, November 2. Cowen & Co maintained the stock with “Hold” rating in Friday, July 7 report. The stock has “Buy” rating by KeyBanc Capital Markets on Friday, September 15. Robert W. Baird maintained NOW Inc. (NYSE:DNOW) on Friday, September 8 with “Buy” rating. Seaport Global downgraded the stock to “Neutral” rating in Wednesday, June 21 report. The rating was downgraded by Robert W. Baird to “Neutral” on Friday, October 13. Stifel Nicolaus maintained NOW Inc. (NYSE:DNOW) on Thursday, July 6 with “Buy” rating. Stifel Nicolaus maintained it with “Buy” rating and $18.0 target in Sunday, October 15 report.

Mraz Amerine & Associates Inc, which manages about $353.64 million and $316.22M US Long portfolio, decreased its stake in Berkley W R Corp (NYSE:WRB) by 7,799 shares to 216,704 shares, valued at $14.46 million in 2017Q3, according to the filing. It also reduced its holding in Greif Inc by 17,214 shares in the quarter, leaving it with 10,343 shares, and cut its stake in Loews Corp (NYSE:L).

Investors sentiment increased to 1.22 in 2017 Q3. Its up 0.09, from 1.13 in 2017Q2. It improved, as 35 investors sold DNOW shares while 62 reduced holdings. 31 funds opened positions while 87 raised stakes. 109.72 million shares or 3.22% more from 106.30 million shares in 2017Q2 were reported. California State Teachers Retirement holds 0.01% or 171,340 shares. Fil owns 2.59 million shares. Hsbc Pcl holds 26,473 shares or 0% of its portfolio. Invesco holds 0% of its portfolio in NOW Inc. (NYSE:DNOW) for 743,004 shares. Davenport & Lc has 0% invested in NOW Inc. (NYSE:DNOW) for 12,387 shares. Mutual Of America Mngmt Limited Liability has 0.02% invested in NOW Inc. (NYSE:DNOW) for 83,516 shares. Iat Reinsurance Ltd stated it has 1,100 shares. Northern reported 0.01% in NOW Inc. (NYSE:DNOW). Moreover, Sei has 0% invested in NOW Inc. (NYSE:DNOW) for 1,037 shares. 11,308 were accumulated by Greenwich Wealth Limited Liability Corp. Glenmede Na accumulated 2,824 shares. Ftb Advsr Inc accumulated 542 shares or 0% of the stock. Credit Suisse Ag owns 0% invested in NOW Inc. (NYSE:DNOW) for 160,679 shares. Essex Invest Mgmt Llc has 87,809 shares. Vanguard Group holds 9.04 million shares or 0.01% of its portfolio.

Investors sentiment decreased to 0.88 in Q3 2017. Its down 0.61, from 1.49 in 2017Q2. It turned negative, as 7 investors sold RAIL shares while 35 reduced holdings. 15 funds opened positions while 22 raised stakes. 9.73 million shares or 2.27% more from 9.51 million shares in 2017Q2 were reported. Goldman Sachs Gp holds 0% of its portfolio in FreightCar America, Inc. (NASDAQ:RAIL) for 20,546 shares. Morgan Stanley accumulated 0% or 67,652 shares. Walthausen & Co Ltd has invested 0.81% of its portfolio in FreightCar America, Inc. (NASDAQ:RAIL). Shufro Rose And Com Llc reported 0.74% stake. Boston Partners holds 0.03% of its portfolio in FreightCar America, Inc. (NASDAQ:RAIL) for 1.08 million shares. California State Teachers Retirement Sys owns 19,128 shares or 0% of their US portfolio. Jpmorgan Chase & holds 0% or 41,500 shares in its portfolio. State Board Of Administration Of Florida Retirement System reported 0% of its portfolio in FreightCar America, Inc. (NASDAQ:RAIL). Parametric Port Associates Lc reported 0% of its portfolio in FreightCar America, Inc. (NASDAQ:RAIL). Alliancebernstein Limited Partnership invested in 10,700 shares. Ironwood Invest Mngmt Limited Liability Company, Massachusetts-based fund reported 11,029 shares. Moreover, Meeder Asset has 0% invested in FreightCar America, Inc. (NASDAQ:RAIL) for 1,042 shares. State Common Retirement Fund invested in 0% or 12,500 shares. Deutsche National Bank & Trust Ag invested in 52,781 shares. Art Ltd Liability Corp holds 0.01% of its portfolio in FreightCar America, Inc. (NASDAQ:RAIL) for 11,545 shares.

Among 4 analysts covering FreightCar America (NASDAQ:RAIL), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. FreightCar America had 12 analyst reports since August 7, 2015 according to SRatingsIntel. Cowen & Co maintained the shares of RAIL in report on Friday, September 8 with “Hold” rating. As per Wednesday, July 13, the company rating was downgraded by Stifel Nicolaus. The company was maintained on Tuesday, September 19 by Stifel Nicolaus. Cowen & Co maintained the shares of RAIL in report on Monday, July 10 with “Hold” rating. The stock has “Hold” rating by Stifel Nicolaus on Thursday, August 3. The stock of FreightCar America, Inc. (NASDAQ:RAIL) earned “Hold” rating by Stifel Nicolaus on Tuesday, November 7. Cowen & Co maintained it with “Market Perform” rating and $13 target in Wednesday, November 2 report. The stock of FreightCar America, Inc. (NASDAQ:RAIL) earned “Hold” rating by Longbow on Wednesday, June 21. The stock of FreightCar America, Inc. (NASDAQ:RAIL) has “Neutral” rating given on Wednesday, May 4 by Longbow. The stock of FreightCar America, Inc. (NASDAQ:RAIL) earned “Hold” rating by Zacks on Friday, August 7.

Analysts await FreightCar America, Inc. (NASDAQ:RAIL) to report earnings on February, 26. They expect $-0.37 EPS, down 628.57% or $0.44 from last year’s $0.07 per share. After $-0.73 actual EPS reported by FreightCar America, Inc. for the previous quarter, Wall Street now forecasts -49.32% EPS growth.

Millennium Management Llc, which manages about $65.63 billion US Long portfolio, upped its stake in Adecoagro S A (NYSE:AGRO) by 522,439 shares to 727,050 shares, valued at $7.85M in 2017Q3, according to the filing. It also increased its holding in Discovery Communicatns New (NASDAQ:DISCK) by 116,478 shares in the quarter, for a total of 255,417 shares, and has risen its stake in Heico Corp New (NYSE:HEI.A).

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