Aravt Global Cut Cdk Global (CDK) Holding By $25.07 Million; Aaon (AAON) Shorts Down By 12.34%

February 24, 2018 - By Michael Collier

Aravt Global Llc decreased Cdk Global Inc (CDK) stake by 22.58% reported in 2017Q3 SEC filing. Aravt Global Llc sold 398,000 shares as Cdk Global Inc (CDK)’s stock declined 6.12%. The Aravt Global Llc holds 1.37M shares with $86.12 million value, down from 1.76 million last quarter. Cdk Global Inc now has $9.42B valuation. The stock increased 0.23% or $0.16 during the last trading session, reaching $70. About 925,846 shares traded. CDK Global, Inc. (NASDAQ:CDK) has risen 18.92% since February 24, 2017 and is uptrending. It has outperformed by 2.22% the S&P500.

Aaon Inc (NASDAQ:AAON) had a decrease of 12.34% in short interest. AAON’s SI was 2.65 million shares in February as released by FINRA. Its down 12.34% from 3.02M shares previously. With 176,200 avg volume, 15 days are for Aaon Inc (NASDAQ:AAON)’s short sellers to cover AAON’s short positions. The SI to Aaon Inc’s float is 6.52%. The stock increased 1.58% or $0.55 during the last trading session, reaching $35.4. About 96,453 shares traded. AAON, Inc. (NASDAQ:AAON) has risen 36.04% since February 24, 2017 and is uptrending. It has outperformed by 19.34% the S&P500.

Investors sentiment increased to 2.26 in Q3 2017. Its up 0.55, from 1.71 in 2017Q2. It is positive, as 10 investors sold AAON, Inc. shares while 24 reduced holdings. 17 funds opened positions while 60 raised stakes. 35.52 million shares or 4.17% more from 34.10 million shares in 2017Q2 were reported. Colorado-based Rk Capital Mgmt Ltd Limited Liability Company has invested 2.82% in AAON, Inc. (NASDAQ:AAON). Dimensional Fund Advsrs Lp has invested 0.03% in AAON, Inc. (NASDAQ:AAON). Guggenheim Ltd Liability Co invested in 31,812 shares or 0% of the stock. Victory Capital reported 5,689 shares. Louisiana State Employees Retirement holds 0.03% or 16,450 shares in its portfolio. Pinebridge Invs Limited Partnership has 5,027 shares. Thrivent Finance For Lutherans reported 24,722 shares. Moreover, Ls Investment Lc has 0.01% invested in AAON, Inc. (NASDAQ:AAON). California State Teachers Retirement Systems accumulated 0.01% or 66,363 shares. Tiverton Asset Management Limited Liability Co reported 122,320 shares. Alps Advsr Incorporated invested in 14,725 shares or 0% of the stock. Natixis holds 0% of its portfolio in AAON, Inc. (NASDAQ:AAON) for 5,863 shares. Jefferies Grp Limited Liability Corp reported 11,118 shares stake. Aperio Grp Lc stated it has 17,849 shares. California Employees Retirement reported 153,725 shares stake.

Among 2 analysts covering AAON Inc (NASDAQ:AAON), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. AAON Inc had 2 analyst reports since January 12, 2016 according to SRatingsIntel.

AAON, Inc., together with its subsidiaries, engages in engineering, manufacturing, marketing, and selling air conditioning and heating equipment in the United States and Canada. The company has market cap of $1.86 billion. The Company’s products consist of rooftop units, chillers, packaged outdoor mechanical rooms, air handling units, makeup air units, energy recovery units, condensing units, geothermal/water-source heat pumps, self-contained units, and coils. It has a 37.26 P/E ratio. The firm markets and sells its products to retail, manufacturing, educational, lodging, supermarket, medical, and other commercial industries.

Since September 7, 2017, it had 0 insider buys, and 1 sale for $161,528 activity. Short Jack E also sold $161,528 worth of AAON, Inc. (NASDAQ:AAON) shares.

Analysts await CDK Global, Inc. (NASDAQ:CDK) to report earnings on May, 1. They expect $0.84 EPS, up 29.23% or $0.19 from last year’s $0.65 per share. CDK’s profit will be $113.03M for 20.83 P/E if the $0.84 EPS becomes a reality. After $0.87 actual EPS reported by CDK Global, Inc. for the previous quarter, Wall Street now forecasts -3.45% negative EPS growth.

Among 8 analysts covering CDK Global (NASDAQ:CDK), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. CDK Global had 15 analyst reports since August 14, 2015 according to SRatingsIntel. The stock has “Outperform” rating by Wells Fargo on Wednesday, June 21. Morgan Stanley downgraded CDK Global, Inc. (NASDAQ:CDK) rating on Tuesday, January 19. Morgan Stanley has “Underweight” rating and $46 target. The rating was maintained by Wells Fargo with “Buy” on Wednesday, January 31. JP Morgan upgraded the stock to “Neutral” rating in Wednesday, April 6 report. The firm has “Equal-Weight” rating given on Wednesday, January 31 by Morgan Stanley. On Monday, July 10 the stock rating was upgraded by Evercore to “Outperform”. The stock has “Market Perform” rating by Barrington Research on Wednesday, January 17. The firm earned “Outperform” rating on Thursday, February 4 by Barrington Research. As per Friday, February 3, the company rating was upgraded by Morgan Stanley. The rating was maintained by JP Morgan on Friday, August 14 with “Underweight”.

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