As Penske Automotive Grp Com (PAG) Stock Value Declined, Smithfield Trust Company Has Cut Position by $348,552; Sandy Spring Bank Position in Trinity Industries (TRN) Has Lowered by $470,611 as Market Valuation Declined

February 13, 2018 - By Louis Casey

Smithfield Trust Company decreased its stake in Penske Automotive Grp Inc Com (PAG) by 79.43% based on its latest 2017Q3 regulatory filing with the SEC. Smithfield Trust Company sold 7,416 shares as the company’s stock declined 16.17% while stock markets rallied. The institutional investor held 1,920 shares of the consumer durables company at the end of 2017Q3, valued at $91,000, down from 9,336 at the end of the previous reported quarter. Smithfield Trust Company who had been investing in Penske Automotive Grp Inc Com for a number of months, seems to be less bullish one the $4.22 billion market cap company. The stock increased 1.53% or $0.74 during the last trading session, reaching $49.18. About 416,337 shares traded. Penske Automotive Group, Inc. (NYSE:PAG) has risen 20.45% since February 13, 2017 and is uptrending. It has outperformed by 3.75% the S&P500.

Sandy Spring Bank decreased its stake in Trinity Industries Inc (TRN) by 20.06% based on its latest 2017Q3 regulatory filing with the SEC. Sandy Spring Bank sold 15,181 shares as the company’s stock declined 7.91% while stock markets rallied. The institutional investor held 60,509 shares of the capital goods company at the end of 2017Q3, valued at $1.93 million, down from 75,690 at the end of the previous reported quarter. Sandy Spring Bank who had been investing in Trinity Industries Inc for a number of months, seems to be less bullish one the $4.92B market cap company. The stock increased 1.57% or $0.5 during the last trading session, reaching $32.4. About 1.07M shares traded. Trinity Industries, Inc. (NYSE:TRN) has risen 58.76% since February 13, 2017 and is uptrending. It has outperformed by 42.06% the S&P500.

Smithfield Trust Company, which manages about $737.64 million US Long portfolio, upped its stake in Vanguard Index Fds Small Cp Etf (VB) by 12,111 shares to 144,781 shares, valued at $20.46 million in 2017Q3, according to the filing. It also increased its holding in Vanguard Msci Pacific Etf (VPL) by 16,697 shares in the quarter, for a total of 358,092 shares, and has risen its stake in Wesbanco Inc Com (NASDAQ:WSBC).

Since October 20, 2017, it had 2 insider buys, and 1 sale for $50.00 million activity. $50.00M worth of Penske Automotive Group, Inc. (NYSE:PAG) was bought by PENSKE ROGER S on Friday, October 20. 1.10 million Penske Automotive Group, Inc. (NYSE:PAG) shares with value of $50.00 million were bought by PENSKE CORP.

Investors sentiment increased to 1.28 in 2017 Q3. Its up 0.38, from 0.9 in 2017Q2. It improved, as 26 investors sold PAG shares while 55 reduced holdings. 42 funds opened positions while 62 raised stakes. 34.35 million shares or 3.33% more from 33.24 million shares in 2017Q2 were reported. Envestnet Asset Management reported 0% of its portfolio in Penske Automotive Group, Inc. (NYSE:PAG). Dreman Value Management L L C holds 0.03% of its portfolio in Penske Automotive Group, Inc. (NYSE:PAG) for 1,010 shares. Deprince Race & Zollo Inc has 375,074 shares. Federated Invsts Pa stated it has 10,423 shares or 0% of all its holdings. Fenimore Asset Management reported 0.62% in Penske Automotive Group, Inc. (NYSE:PAG). 39,111 were reported by Brinker Capital. Burgundy Asset Management Limited has 2.13 million shares for 0.96% of their portfolio. Northwestern Mutual Wealth has invested 0% in Penske Automotive Group, Inc. (NYSE:PAG). Wasatch Advsrs has 0.01% invested in Penske Automotive Group, Inc. (NYSE:PAG). Brandywine Global Mngmt Ltd Llc stated it has 0.07% in Penske Automotive Group, Inc. (NYSE:PAG). First Midwest Bankshares Tru Division owns 23,424 shares for 0.14% of their portfolio. Blackrock Inc reported 1.71 million shares or 0% of all its holdings. Old West Invest Management Ltd Com holds 1.49% of its portfolio in Penske Automotive Group, Inc. (NYSE:PAG) for 59,653 shares. Assetmark Inc stated it has 0% of its portfolio in Penske Automotive Group, Inc. (NYSE:PAG). Old Mutual Customised Solutions (Proprietary) Limited owns 2,000 shares for 0.01% of their portfolio.

Among 8 analysts covering Penske Automotive Group (NYSE:PAG), 4 have Buy rating, 1 Sell and 3 Hold. Therefore 50% are positive. Penske Automotive Group had 13 analyst reports since October 14, 2015 according to SRatingsIntel. Bank of America maintained the stock with “Buy” rating in Friday, February 9 report. The firm has “Sector Perform” rating given on Tuesday, June 28 by KeyBanc Capital Markets. The stock has “Sell” rating by Evercore on Thursday, October 13. The firm has “Hold” rating by Gabelli given on Thursday, September 15. The rating was maintained by KeyBanc Capital Markets with “Hold” on Thursday, August 31. Gabelli upgraded it to “Buy” rating and $68 target in Friday, April 28 report. Northcoast initiated Penske Automotive Group, Inc. (NYSE:PAG) on Thursday, September 28 with “Buy” rating. The firm has “Neutral” rating given on Tuesday, August 9 by Seaport Global. The firm has “Hold” rating given on Monday, November 13 by KeyBanc Capital Markets. The rating was initiated by Susquehanna with “Positive” on Thursday, February 2.

Investors sentiment decreased to 0.81 in 2017 Q3. Its down 0.09, from 0.9 in 2017Q2. It is negative, as 25 investors sold TRN shares while 127 reduced holdings. 38 funds opened positions while 85 raised stakes. 122.94 million shares or 1.90% more from 120.64 million shares in 2017Q2 were reported. Peak6 LP reported 72,318 shares or 0.01% of all its holdings. Dc Capital Advisors Limited holds 500,000 shares or 10.54% of its portfolio. Morgan Stanley reported 813,165 shares. The Massachusetts-based Loomis Sayles Limited Partnership has invested 0% in Trinity Industries, Inc. (NYSE:TRN). Advisory Ntwk Ltd Liability holds 0.03% or 7,335 shares. Winfield Assoc invested 0% of its portfolio in Trinity Industries, Inc. (NYSE:TRN). Principal Financial Grp Inc Inc reported 0.02% of its portfolio in Trinity Industries, Inc. (NYSE:TRN). Hudock Cap Gp Limited Liability Com reported 0.04% stake. Metropolitan Life Insurance Co reported 0.03% in Trinity Industries, Inc. (NYSE:TRN). 21,922 are held by Schroder Mngmt Gru. Teachers Retirement System Of The State Of Kentucky owns 32,970 shares for 0.01% of their portfolio. Jnba Fin Advsr, Minnesota-based fund reported 100 shares. 1832 Asset Lp holds 0% or 3,180 shares in its portfolio. Vanguard Gp has invested 0.02% of its portfolio in Trinity Industries, Inc. (NYSE:TRN). Tiedemann Wealth Ltd invested in 0.01% or 39,001 shares.

Sandy Spring Bank, which manages about $1.04B US Long portfolio, upped its stake in Nvidia Corp (NASDAQ:NVDA) by 2,135 shares to 5,200 shares, valued at $930,000 in 2017Q3, according to the filing. It also increased its holding in Vanguard Msci Eafe Etf (VEA) by 31,005 shares in the quarter, for a total of 363,402 shares, and has risen its stake in Walt Disney Company (NYSE:DIS).

Among 13 analysts covering Trinity Industries (NYSE:TRN), 7 have Buy rating, 3 Sell and 3 Hold. Therefore 54% are positive. Trinity Industries had 38 analyst reports since September 4, 2015 according to SRatingsIntel. The firm has “Underperform” rating by CLSA given on Friday, September 30. The company was initiated on Thursday, February 18 by Axiom Capital. The company was downgraded on Tuesday, April 19 by Stifel Nicolaus. The firm has “Buy” rating given on Friday, February 9 by Stifel Nicolaus. On Monday, November 6 the stock rating was upgraded by Susquehanna to “Positive”. The firm has “Buy” rating by Cowen & Co given on Wednesday, December 13. The rating was maintained by Stifel Nicolaus with “Buy” on Friday, December 22. KeyBanc Capital Markets maintained the shares of TRN in report on Monday, October 2 with “Buy” rating. On Monday, February 22 the stock rating was maintained by Stifel Nicolaus with “Buy”. As per Monday, September 21, the company rating was downgraded by Wells Fargo.

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