Cooke & Bieler LP Has Cut Its Penske Auto Group (PAG) Stake; Harmony Gold Mining Company Limited (HMY) Had 0 Bullish Analysts

April 18, 2018 - By Clifton Ray

Harmony Gold Mining Company Limited (NYSE:HMY) Logo

Cooke & Bieler Lp decreased Penske Auto Group (PAG) stake by 28.87% reported in 2017Q4 SEC filing. Cooke & Bieler Lp sold 103,337 shares as Penske Auto Group (PAG)’s stock declined 11.64%. The Cooke & Bieler Lp holds 254,579 shares with $12.18M value, down from 357,916 last quarter. Penske Auto Group now has $3.78 billion valuation. The stock increased 0.86% or $0.38 during the last trading session, reaching $44.53. About 266,334 shares traded. Penske Automotive Group, Inc. (NYSE:PAG) has declined 7.69% since April 18, 2017 and is downtrending. It has underperformed by 19.24% the S&P500.

Among 7 analysts covering Harmony Gold Mining (NYSE:HMY), 0 have Buy rating, 2 Sell and 5 Hold. Therefore 0 are positive. Harmony Gold Mining had 13 analyst reports since August 20, 2015 according to SRatingsIntel. The firm has “Hold” rating by Zacks given on Thursday, August 20. The stock of Harmony Gold Mining Company Limited (NYSE:HMY) has “Sell” rating given on Friday, March 17 by Deutsche Bank. Macquarie Research downgraded Harmony Gold Mining Company Limited (NYSE:HMY) on Tuesday, March 15 to “Underperform” rating. JP Morgan downgraded the stock to “Neutral” rating in Monday, September 14 report. The firm has “Sell” rating by Zacks given on Wednesday, August 26. The firm has “Sell” rating by Deutsche Bank given on Friday, October 13. Citigroup downgraded the stock to “Sell” rating in Friday, November 11 report. Bank of America downgraded Harmony Gold Mining Company Limited (NYSE:HMY) on Friday, October 20 to “Neutral” rating. The stock of Harmony Gold Mining Company Limited (NYSE:HMY) earned “Sell” rating by Deutsche Bank on Wednesday, April 11. The rating was upgraded by Deutsche Bank on Thursday, November 30 to “Hold”. See Harmony Gold Mining Company Limited (NYSE:HMY) latest ratings:

11/04/2018 Broker: Deutsche Bank Rating: Sell Downgrade
30/11/2017 Broker: Deutsche Bank Rating: Hold Upgrade
20/10/2017 Broker: Bank of America Old Rating: Buy New Rating: Neutral Downgrade

Among 10 analysts covering Penske Automotive Group (NYSE:PAG), 6 have Buy rating, 1 Sell and 3 Hold. Therefore 60% are positive. Penske Automotive Group had 15 analyst reports since October 14, 2015 according to SRatingsIntel. The rating was maintained by KeyBanc Capital Markets on Monday, November 13 with “Hold”. Gabelli downgraded the shares of PAG in report on Thursday, September 15 to “Hold” rating. Seaport Global initiated the stock with “Neutral” rating in Tuesday, August 9 report. The rating was maintained by Morgan Stanley on Wednesday, March 14 with “Overweight”. The stock of Penske Automotive Group, Inc. (NYSE:PAG) has “Positive” rating given on Thursday, February 2 by Susquehanna. KeyBanc Capital Markets maintained Penske Automotive Group, Inc. (NYSE:PAG) on Thursday, August 31 with “Hold” rating. KeyBanc Capital Markets maintained the stock with “Hold” rating in Tuesday, October 3 report. As per Tuesday, June 28, the company rating was downgraded by KeyBanc Capital Markets. Northcoast initiated Penske Automotive Group, Inc. (NYSE:PAG) on Thursday, September 28 with “Buy” rating. The rating was downgraded by Evercore to “Sell” on Thursday, October 13.

Since October 20, 2017, it had 0 buys, and 1 insider sale for $50.00 million activity. Another trade for 1.10M shares valued at $50.00M was bought by PENSKE ROGER S. PENSKE CORP bought $50.00 million worth of stock or 1.10M shares. Another trade for 1.13M shares valued at $50.00 million was sold by MITSUI & CO LTD.

Investors sentiment decreased to 1.08 in Q4 2017. Its down 0.20, from 1.28 in 2017Q3. It dived, as 27 investors sold PAG shares while 65 reduced holdings. 32 funds opened positions while 67 raised stakes. 34.38 million shares or 0.09% more from 34.35 million shares in 2017Q3 were reported. Voya Inv Ltd reported 0% in Penske Automotive Group, Inc. (NYSE:PAG). Vanguard Grp has invested 0.01% in Penske Automotive Group, Inc. (NYSE:PAG). California State Teachers Retirement Systems has 59,851 shares. Phocas Fincl stated it has 220,978 shares. Aperio Gru Lc stated it has 8,543 shares or 0% of all its holdings. Pinnacle Associates Limited accumulated 6,750 shares. Grantham Mayo Van Otterloo & Company Ltd Liability Corporation accumulated 7,100 shares or 0% of the stock. One Trading L P, Illinois-based fund reported 800 shares. Cooke Bieler LP owns 254,579 shares. Royal State Bank Of Canada reported 24,893 shares stake. Us Bankshares De owns 0% invested in Penske Automotive Group, Inc. (NYSE:PAG) for 1,228 shares. 231,847 are held by Northern Trust. Envestnet Asset Management Inc has 4,245 shares. Paragon Cap Ltd owns 5,906 shares for 0.11% of their portfolio. Zebra Cap Management Limited Liability Corporation accumulated 29,697 shares.

Cooke & Bieler Lp increased Actuant Corporation (NYSE:ATU) stake by 183,500 shares to 679,410 valued at $17.19M in 2017Q4. It also upped Snap (NYSE:SNA) stake by 26,338 shares and now owns 737,719 shares. Allergan Plc was raised too.

Analysts await Penske Automotive Group, Inc. (NYSE:PAG) to report earnings on April, 25 before the open. They expect $1.15 EPS, up 18.56% or $0.18 from last year’s $0.97 per share. PAG’s profit will be $97.72M for 9.68 P/E if the $1.15 EPS becomes a reality. After $1.01 actual EPS reported by Penske Automotive Group, Inc. for the previous quarter, Wall Street now forecasts 13.86% EPS growth.

The stock decreased 1.49% or $0.03 during the last trading session, reaching $1.98. About 3.77 million shares traded. Harmony Gold Mining Company Limited (NYSE:HMY) has declined 0.40% since April 18, 2017 and is downtrending. It has underperformed by 11.95% the S&P500.

Penske Automotive Group, Inc. (NYSE:PAG) Institutional Positions Chart

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