Brave Asset Management Trimmed General Mtrs Co (GM) Stake; Last Week Trex Company, Inc. (TREX) Coverage

February 22, 2018 - By Darrin Black

Among 9 analysts covering Trex Co (NYSE:TREX), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. Trex Co had 22 analyst reports since September 24, 2015 according to SRatingsIntel. The stock of Trex Company, Inc. (NYSE:TREX) earned “Hold” rating by Stifel Nicolaus on Tuesday, October 31. The rating was upgraded by CLSA to “Strong Buy” on Thursday, October 1. The company was maintained on Friday, December 8 by Stifel Nicolaus. The firm has “Outperform” rating given on Thursday, September 24 by Wedbush. The firm earned “Mkt Perform” rating on Tuesday, February 28 by FBR Capital. The firm has “Hold” rating by Stifel Nicolaus given on Tuesday, August 1. Seaport Global upgraded the shares of TREX in report on Thursday, June 1 to “Buy” rating. The rating was upgraded by CL King to “Strong Buy” on Thursday, October 1. The stock of Trex Company, Inc. (NYSE:TREX) earned “Hold” rating by Stifel Nicolaus on Thursday, July 13. The firm has “Buy” rating given on Wednesday, January 3 by FBR Capital. See Trex Company, Inc. (NYSE:TREX) latest ratings:

11/01/2018 Broker: Seaport Global Rating: Buy New Target: $125.0 Maintain
03/01/2018 Broker: FBR Capital Rating: Buy New Target: $125.0 Upgrade
03/01/2018 Broker: B. Riley & Co Old Rating: Neutral New Rating: Buy Old Target: $96 New Target: $125 Upgrade
08/12/2017 Broker: Stifel Nicolaus Rating: Hold New Target: $100.0 Maintain
08/11/2017 Broker: FBR Capital Rating: Hold New Target: $96.0
31/10/2017 Broker: Stifel Nicolaus Rating: Hold New Target: $89.0 Maintain
31/10/2017 Broker: FBR Capital Rating: Hold New Target: $96.0
02/10/2017 Broker: Sidoti Rating: Hold New Target: $89.0 Downgrade

Brave Asset Management Inc decreased General Mtrs Co (GM) stake by 40.81% reported in 2017Q3 SEC filing. Brave Asset Management Inc sold 12,500 shares as General Mtrs Co (GM)’s stock declined 12.09%. The Brave Asset Management Inc holds 18,130 shares with $732,000 value, down from 30,630 last quarter. General Mtrs Co now has $57.55B valuation. The stock increased 1.16% or $0.47 during the last trading session, reaching $41.03. About 3.71 million shares traded. General Motors Company (NYSE:GM) has risen 7.92% since February 22, 2017 and is uptrending. It has underperformed by 8.78% the S&P500.

Trex Company, Inc. manufactures and distributes wood/plastic composite products, and related accessories primarily for the residential and commercial decking, and railing applications in the United States. The company has market cap of $3.15 billion. It offers Trex Transcend, Trex Enhance, and Trex Select protective shells for protection against fading, staining, mold, and scratching; and Trex Hideaway, a hidden fastening system for grooved boards. It has a 35.39 P/E ratio. The firm also provides railing products, such as Trex Transcend Railing for use with Trex decking products and other decking materials; Trex Select Railing for consumers, who desire a simple clean finished look for their decks; and Trex Signature aluminum railing for contemporary look.

Investors sentiment increased to 1.35 in Q3 2017. Its up 0.11, from 1.24 in 2017Q2. It improved, as 14 investors sold Trex Company, Inc. shares while 63 reduced holdings. 31 funds opened positions while 73 raised stakes. 25.84 million shares or 3.17% less from 26.69 million shares in 2017Q2 were reported. Dimensional Fund Advsr L P accumulated 880,531 shares. Eagle Asset Management reported 975,160 shares. Pembroke Ltd stated it has 111,800 shares or 0.98% of all its holdings. Tiaa Cref Mgmt Limited owns 0.01% invested in Trex Company, Inc. (NYSE:TREX) for 96,343 shares. Legal And General Public Limited holds 0% of its portfolio in Trex Company, Inc. (NYSE:TREX) for 57,596 shares. Moreover, Sandy Spring Bancorp has 0.01% invested in Trex Company, Inc. (NYSE:TREX) for 600 shares. Barclays Public Ltd Liability Co stated it has 0% of its portfolio in Trex Company, Inc. (NYSE:TREX). Whalerock Point Ptnrs Lc reported 0.11% in Trex Company, Inc. (NYSE:TREX). Fuller & Thaler Asset accumulated 49,200 shares. Sg Americas Secs Ltd Liability Corp holds 14,695 shares or 0.01% of its portfolio. Numeric Limited Co has invested 0.01% in Trex Company, Inc. (NYSE:TREX). Magnetar Fincl Llc holds 0.01% in Trex Company, Inc. (NYSE:TREX) or 4,610 shares. Envestnet Asset Mngmt reported 4,875 shares stake. Greenwood Cap Associate Ltd Limited Liability Company holds 0.05% or 2,245 shares. Creative Planning holds 5,677 shares or 0% of its portfolio.

The stock decreased 4.10% or $4.5869 during the last trading session, reaching $107.2231. About 426,908 shares traded or 90.51% up from the average. Trex Company, Inc. (NYSE:TREX) has risen 51.54% since February 22, 2017 and is uptrending. It has outperformed by 34.84% the S&P500.

Since January 16, 2018, it had 0 insider buys, and 2 selling transactions for $383,322 activity. GRATZ JAY M sold $123,735 worth of stock.

Investors sentiment decreased to 0.87 in 2017 Q3. Its down 0.15, from 1.02 in 2017Q2. It turned negative, as 66 investors sold GM shares while 322 reduced holdings. 96 funds opened positions while 242 raised stakes. 1.01 billion shares or 1.95% less from 1.03 billion shares in 2017Q2 were reported. San Francisco Sentry Investment Gru (Ca) accumulated 223 shares. Sandy Spring Bankshares reported 0% in General Motors Company (NYSE:GM). Midas Mngmt reported 0.97% stake. 159,542 are owned by Highland Mngmt Limited Liability. Burt Wealth Advisors has invested 0.02% of its portfolio in General Motors Company (NYSE:GM). Retail Bank Of Hawaii stated it has 0.02% of its portfolio in General Motors Company (NYSE:GM). Horizon Investments Ltd Liability Company has 15,106 shares. Aviance Capital Mgmt Ltd owns 6,127 shares. Palouse Capital Management reported 1.73% stake. California-based Laurel Grove Capital Ltd Liability Corporation has invested 0.12% in General Motors Company (NYSE:GM). Strs Ohio holds 1.86M shares. Bb&T Securities Ltd Liability Corp stated it has 0.35% in General Motors Company (NYSE:GM). Argyle Cap Mgmt accumulated 79,300 shares. Winfield Associates Inc reported 0.01% of its portfolio in General Motors Company (NYSE:GM). Qs Ltd Liability Company invested 0.06% in General Motors Company (NYSE:GM).

Analysts await General Motors Company (NYSE:GM) to report earnings on April, 27. They expect $1.31 earnings per share, down 22.94% or $0.39 from last year’s $1.7 per share. GM’s profit will be $1.84 billion for 7.83 P/E if the $1.31 EPS becomes a reality. After $1.65 actual earnings per share reported by General Motors Company for the previous quarter, Wall Street now forecasts -20.61% negative EPS growth.

Among 29 analysts covering General Motors Company (NYSE:GM), 16 have Buy rating, 3 Sell and 10 Hold. Therefore 55% are positive. General Motors Company had 90 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Equal-Weight” rating by Morgan Stanley given on Wednesday, February 14. The rating was upgraded by Deutsche Bank to “Buy” on Monday, September 25. As per Friday, March 31, the company rating was maintained by Tigress Financial. UBS maintained it with “Buy” rating and $50.0 target in Thursday, October 22 report. Deutsche Bank maintained the stock with “Hold” rating in Wednesday, October 14 report. The firm has “Buy” rating given on Wednesday, February 7 by Bank of America. As per Wednesday, October 26, the company rating was downgraded by Bank of America. The stock of General Motors Company (NYSE:GM) has “Overweight” rating given on Thursday, September 21 by Morgan Stanley. The firm earned “Underweight” rating on Monday, August 24 by Morgan Stanley. The stock has “Hold” rating by Barclays Capital on Monday, September 21.

Brave Asset Management Inc increased Ishares Tr (PFF) stake by 67,371 shares to 400,049 valued at $15.53 million in 2017Q3. It also upped Nuveen Amt Free Qlty Mun Inc (NEA) stake by 116,500 shares and now owns 132,295 shares. Vanguard Bd Index Fd Inc (BSV) was raised too.

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