Shell Asset Management Co Trimmed Hyster Yale Matls Handling I (HY) Position by $611,660 as Stock Declined; Intrepid Capital Management Cut Its Syntel Com (SYNT) Stake as Shares Rose

April 11, 2018 - By Ellis Scott

Hyster-Yale Materials Handling, Inc. (NYSE:HY) Logo

Mark Travis decreased its stake in Syntel Inc Com (SYNT) by 25.85% based on its latest 2017Q4 regulatory filing with the SEC. Intrepid Capital Management Inc sold 308,710 shares as the company’s stock rose 2.79% while stock markets declined. The hedge fund run by Mark Travis held 885,389 shares of the technology company at the end of 2017Q4, valued at $20.36M, down from 1.19 million at the end of the previous reported quarter. Intrepid Capital Management Inc who had been investing in Syntel Inc Com for a number of months, seems to be less bullish one the $2.10 billion market cap company. The stock increased 0.24% or $0.06 during the last trading session, reaching $25.31. About 82,331 shares traded. Syntel, Inc. (NASDAQ:SYNT) has risen 54.15% since April 11, 2017 and is uptrending. It has outperformed by 42.60% the S&P500.

Shell Asset Management Co decreased its stake in Hyster Yale Matls Handling I (HY) by 27.47% based on its latest 2017Q4 regulatory filing with the SEC. Shell Asset Management Co sold 7,196 shares as the company’s stock declined 17.76% with the market. The institutional investor held 18,998 shares of the capital goods company at the end of 2017Q4, valued at $1.62M, down from 26,194 at the end of the previous reported quarter. Shell Asset Management Co who had been investing in Hyster Yale Matls Handling I for a number of months, seems to be less bullish one the $1.21 billion market cap company. The stock decreased 0.18% or $0.13 during the last trading session, reaching $73.23. About 6,994 shares traded. Hyster-Yale Materials Handling, Inc. (NYSE:HY) has risen 24.99% since April 11, 2017 and is uptrending. It has outperformed by 13.44% the S&P500.

Analysts await Syntel, Inc. (NASDAQ:SYNT) to report earnings on April, 19. They expect $0.44 earnings per share, down 4.35% or $0.02 from last year’s $0.46 per share. SYNT’s profit will be $36.51 million for 14.38 P/E if the $0.44 EPS becomes a reality. After $0.62 actual earnings per share reported by Syntel, Inc. for the previous quarter, Wall Street now forecasts -29.03% negative EPS growth.

Investors sentiment decreased to 1.69 in Q4 2017. Its down 0.02, from 1.71 in 2017Q3. It dived, as 16 investors sold SYNT shares while 43 reduced holdings. 52 funds opened positions while 48 raised stakes. 32.15 million shares or 7.98% more from 29.77 million shares in 2017Q3 were reported. Arrowstreet Partnership, Massachusetts-based fund reported 32,756 shares. Systematic Financial Ltd Partnership holds 0.03% or 59,700 shares in its portfolio. Alliancebernstein Lp has invested 0% in Syntel, Inc. (NASDAQ:SYNT). Illinois-based Pekin Singer Strauss Asset Mgmt Il has invested 1.6% in Syntel, Inc. (NASDAQ:SYNT). Bnp Paribas Arbitrage owns 0% invested in Syntel, Inc. (NASDAQ:SYNT) for 7,740 shares. Lsv Asset accumulated 0% or 32,111 shares. Quantitative Systematic Strategies Limited Liability Company accumulated 9,631 shares. Clark Estates Inc New York has 194,000 shares for 0.74% of their portfolio. Virtus Investment Advisers, a Connecticut-based fund reported 15,800 shares. Savings Bank Of New York Mellon stated it has 269,019 shares. Pennsylvania-based Brandywine Global Invest Mgmt Ltd Llc has invested 0.04% in Syntel, Inc. (NASDAQ:SYNT). Hotchkis And Wiley Ltd Llc has invested 0.01% in Syntel, Inc. (NASDAQ:SYNT). Rk Asset Management Limited Com holds 4.95% of its portfolio in Syntel, Inc. (NASDAQ:SYNT) for 255,080 shares. Illinois-based Chicago Equity Prns Ltd has invested 0.06% in Syntel, Inc. (NASDAQ:SYNT). Fuller & Thaler Asset Mgmt owns 1.62 million shares.

Among 13 analysts covering Syntel Inc. (NASDAQ:SYNT), 1 have Buy rating, 1 Sell and 11 Hold. Therefore 8% are positive. Syntel Inc. had 37 analyst reports since August 14, 2015 according to SRatingsIntel. The rating was maintained by Cowen & Co with “Hold” on Tuesday, August 22. The rating was downgraded by SunTrust to “Hold” on Monday, October 24. Wells Fargo downgraded the shares of SYNT in report on Friday, December 29 to “Sell” rating. The firm has “Hold” rating by Suntrust Robinson given on Monday, October 24. Robert W. Baird maintained Syntel, Inc. (NASDAQ:SYNT) rating on Tuesday, October 3. Robert W. Baird has “Hold” rating and $20.0 target. As per Friday, October 16, the company rating was initiated by Cantor Fitzgerald. The firm earned “Hold” rating on Thursday, April 5 by Robert W. Baird. As per Monday, April 18, the company rating was downgraded by Robert W. Baird. The rating was upgraded by William Blair to “Market Perform” on Wednesday, October 18. The stock of Syntel, Inc. (NASDAQ:SYNT) has “Outperform” rating given on Thursday, August 20 by Robert W. Baird.

Since October 20, 2017, it had 0 insider purchases, and 9 sales for $1.60 million activity. Aggarwal Rahul B. also sold $23,632 worth of Syntel, Inc. (NASDAQ:SYNT) shares. Gangidi Narendar Reddy sold $1,553 worth of Syntel, Inc. (NASDAQ:SYNT) on Friday, December 15. The insider Garg Sanjay sold $8,750. On Friday, December 15 Andradi Ben sold $840 worth of Syntel, Inc. (NASDAQ:SYNT) or 33 shares. Another trade for 50,000 shares valued at $1.36 million was made by Ranade Prashant on Wednesday, February 21.

Since December 12, 2017, it had 0 buys, and 2 sales for $158,905 activity. On Tuesday, December 12 TAPLIN FRANK F sold $99,423 worth of Hyster-Yale Materials Handling, Inc. (NYSE:HY) or 1,178 shares.

Shell Asset Management Co, which manages about $5.04B US Long portfolio, upped its stake in Prudential Finl Inc (NYSE:PRU) by 57,435 shares to 136,958 shares, valued at $15.75 million in 2017Q4, according to the filing. It also increased its holding in Occidental Pete Corp Del (NYSE:OXY) by 76,215 shares in the quarter, for a total of 270,156 shares, and has risen its stake in Harley Davidson Inc (NYSE:HOG).

Among 4 analysts covering Hyster-Yale Materials Handling (NYSE:HY), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. Hyster-Yale Materials Handling had 9 analyst reports since March 17, 2016 according to SRatingsIntel. The firm earned “Sell” rating on Monday, November 6 by Seaport Global. Sidoti downgraded Hyster-Yale Materials Handling, Inc. (NYSE:HY) on Wednesday, June 7 to “Neutral” rating. The rating was upgraded by Seaport Global to “Hold” on Tuesday, January 23. The rating was upgraded by Sidoti on Tuesday, August 8 to “Buy”. As per Thursday, April 20, the company rating was upgraded by Seaport Global. The company was upgraded on Friday, September 23 by Sidoti. The rating was downgraded by Sidoti to “Neutral” on Friday, October 13. Berenberg initiated Hyster-Yale Materials Handling, Inc. (NYSE:HY) on Thursday, March 17 with “Hold” rating. The company was downgraded on Friday, March 2 by Robert W. Baird.

Hyster-Yale Materials Handling, Inc. (NYSE:HY) Institutional Positions Chart

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