Foundation Asset Management LP Decreased By $15.88 Million Its Copart (CPRT) Holding; Navios Maritime Acquisition Has 0.8 Sentiment

February 24, 2018 - By Clifton Ray

Foundation Asset Management Lp decreased Copart Inc (CPRT) stake by 39.52% reported in 2017Q3 SEC filing. Foundation Asset Management Lp sold 466,946 shares as Copart Inc (CPRT)’s stock declined 0.66%. The Foundation Asset Management Lp holds 714,530 shares with $24.56 million value, down from 1.18M last quarter. Copart Inc now has $10.82B valuation. The stock increased 1.23% or $0.57 during the last trading session, reaching $46.77. About 1.44 million shares traded or 14.36% up from the average. Copart, Inc. (NASDAQ:CPRT) has risen 37.41% since February 24, 2017 and is uptrending. It has outperformed by 20.71% the S&P500.

Navios Maritime Acquisition Corporation provides marine transportation services worldwide. The company has market cap of $112.72 million. It owns a fleet of crude oil, refined petroleum product, and chemical tankers. It currently has negative earnings. The firm charters its vessels to oil companies, refiners, and large vessel operators under long, medium, and short term charters.

The stock decreased 0.49% or $0.0037 during the last trading session, reaching $0.7498. About 1.18M shares traded or 74.61% up from the average. Navios Maritime Acquisition Corporation (NNA) has declined 4.17% since February 24, 2017 and is downtrending. It has underperformed by 20.87% the S&P500.

Analysts await Navios Maritime Acquisition Corporation (NYSE:NNA) to report earnings on May, 15. They expect $-0.09 EPS, down 325.00% or $0.13 from last year’s $0.04 per share. After $-0.08 actual EPS reported by Navios Maritime Acquisition Corporation for the previous quarter, Wall Street now forecasts 12.50% negative EPS growth.

Owl Creek Asset Management L.P. holds 0.19% of its portfolio in Navios Maritime Acquisition Corporation for 2.76 million shares. Spark Investment Management Llc owns 438,500 shares or 0.03% of their US portfolio. Moreover, Bridgeway Capital Management Inc has 0.01% invested in the company for 771,000 shares. The Missouri-based First Heartland Consultants Inc. has invested 0.01% in the stock. Joel Isaacson & Co. Llc, a New York-based fund reported 24,640 shares.

Investors sentiment decreased to 1.13 in 2017 Q3. Its down 8.13, from 9.26 in 2017Q2. It fall, as 27 investors sold CPRT shares while 108 reduced holdings. 58 funds opened positions while 95 raised stakes. 166.73 million shares or 50.62% less from 337.64 million shares in 2017Q2 were reported. Moreover, London Co Of Virginia has 0.69% invested in Copart, Inc. (NASDAQ:CPRT). Horizon Kinetics Ltd holds 0.07% or 72,000 shares in its portfolio. American Grp Inc reported 409,952 shares. Parallax Volatility Advisers LP reported 0% stake. Prescott General Partners Ltd Llc has invested 4.31% of its portfolio in Copart, Inc. (NASDAQ:CPRT). Ls Invest Advsr Limited Liability Company has 19,356 shares. Sigma Planning Corporation holds 0.12% in Copart, Inc. (NASDAQ:CPRT) or 41,893 shares. Pnc Fincl Serv Incorporated accumulated 20,556 shares. Raymond James Assoc stated it has 0.02% in Copart, Inc. (NASDAQ:CPRT). Bennicas & Associate has 1.24% invested in Copart, Inc. (NASDAQ:CPRT) for 42,550 shares. 8,064 are held by Zurcher Kantonalbank (Zurich Cantonalbank). Mig Cap Ltd Liability Company has invested 6.29% in Copart, Inc. (NASDAQ:CPRT). City reported 142 shares. Massachusetts Ma holds 0.01% of its portfolio in Copart, Inc. (NASDAQ:CPRT) for 607,061 shares. Mason Street Advisors Ltd Liability Corp holds 0.08% of its portfolio in Copart, Inc. (NASDAQ:CPRT) for 99,460 shares.

Among 11 analysts covering Copart (NASDAQ:CPRT), 3 have Buy rating, 0 Sell and 8 Hold. Therefore 27% are positive. Copart had 24 analyst reports since January 15, 2016 according to SRatingsIntel. The firm earned “Mkt Perform” rating on Friday, September 23 by Barrington Research. The stock has “Buy” rating by Robert W. Baird on Wednesday, November 22. JP Morgan maintained the stock with “Neutral” rating in Friday, May 27 report. Robert W. Baird maintained Copart, Inc. (NASDAQ:CPRT) rating on Friday, December 22. Robert W. Baird has “Buy” rating and $46.0 target. The firm earned “Hold” rating on Monday, September 11 by Jefferies. Bank of America upgraded the shares of CPRT in report on Friday, September 23 to “Buy” rating. The stock of Copart, Inc. (NASDAQ:CPRT) has “Overweight” rating given on Monday, February 12 by Stephens. As per Monday, January 18, the company rating was initiated by Jefferies. The stock has “Hold” rating by Jefferies on Friday, May 27. The rating was maintained by Jefferies on Wednesday, October 18 with “Hold”.

Since September 28, 2017, it had 0 insider buys, and 3 sales for $15.31 million activity. Shares for $2.95M were sold by Englander Daniel J on Tuesday, January 2. MEEKS JAMES E sold $5.49M worth of Copart, Inc. (NASDAQ:CPRT) on Thursday, September 28. MITZ VINCENT W sold $6.86 million worth of stock.

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