As Malibu Boats (MBUU) Stock Rose, Holder Nbw Capital Has Decreased Holding by $1.88 Million; Ar Asset Management Has Lifted Its Position in At&T (T) by $1.89 Million

May 21, 2018 - By Vivian Park

Malibu Boats, Inc. (NASDAQ:MBUU) Logo

Ar Asset Management Inc increased its stake in At&T Inc. (T) by 83.62% based on its latest 2017Q4 regulatory filing with the SEC. Ar Asset Management Inc bought 49,700 shares as the company’s stock declined 10.37% with the market. The institutional investor held 109,138 shares of the telecommunications equipment company at the end of 2017Q4, valued at $4.24M, up from 59,438 at the end of the previous reported quarter. Ar Asset Management Inc who had been investing in At&T Inc. for a number of months, seems to be bullish on the $197.75B market cap company. The stock increased 0.47% or $0.1519 during the last trading session, reaching $32.2019. About 4.96 million shares traded. AT&T Inc. (NYSE:T) has declined 15.88% since May 21, 2017 and is downtrending. It has underperformed by 27.43% the S&P500.

Nbw Capital Llc decreased its stake in Malibu Boats Inc. (MBUU) by 34.61% based on its latest 2017Q4 regulatory filing with the SEC. Nbw Capital Llc sold 64,965 shares as the company’s stock rose 10.14% while stock markets declined. The institutional investor held 122,745 shares of the capital goods company at the end of 2017Q4, valued at $3.65M, down from 187,710 at the end of the previous reported quarter. Nbw Capital Llc who had been investing in Malibu Boats Inc. for a number of months, seems to be less bullish one the $937.93 million market cap company. The stock decreased 0.07% or $0.03 during the last trading session, reaching $43.44. About 37,246 shares traded. Malibu Boats, Inc. (NASDAQ:MBUU) has risen 55.32% since May 21, 2017 and is uptrending. It has outperformed by 43.77% the S&P500.

More recent Malibu Boats, Inc. (NASDAQ:MBUU) news were published by: Globenewswire.com which released: “Malibu Boats, Inc. Announces Third Quarter Fiscal 2018 Results” on May 02, 2018. Also Seekingalpha.com published the news titled: “Malibu Boats Keeps Speeding Along” on May 06, 2018. Globenewswire.com‘s news article titled: “Market Trends Toward New Normal in City Office REIT, Malibu Boats, Vical, Renasant, Genocea Biosciences, and …” with publication date: May 02, 2018 was also an interesting one.

Analysts await Malibu Boats, Inc. (NASDAQ:MBUU) to report earnings on September, 6. They expect $0.57 EPS, up 35.71% or $0.15 from last year’s $0.42 per share. MBUU’s profit will be $12.31 million for 19.05 P/E if the $0.57 EPS becomes a reality. After $0.87 actual EPS reported by Malibu Boats, Inc. for the previous quarter, Wall Street now forecasts -34.48% negative EPS growth.

Nbw Capital Llc, which manages about $677.00 million and $379.89M US Long portfolio, upped its stake in Cryolife Inc. (NYSE:CRY) by 41,528 shares to 84,173 shares, valued at $1.61M in 2017Q4, according to the filing. It also increased its holding in Patrick Industries Inc. (NASDAQ:PATK) by 22,023 shares in the quarter, for a total of 67,391 shares, and has risen its stake in Ubs Alerian Mlp/ Mlpi (MLPI).

Among 8 analysts covering Malibu Boats (NASDAQ:MBUU), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Malibu Boats had 23 analyst reports since August 11, 2015 according to SRatingsIntel. As per Friday, February 9, the company rating was maintained by KeyBanc Capital Markets. The firm earned “Buy” rating on Wednesday, November 8 by Wells Fargo. The stock of Malibu Boats, Inc. (NASDAQ:MBUU) earned “Hold” rating by BMO Capital Markets on Tuesday, July 4. B. Riley & Co maintained Malibu Boats, Inc. (NASDAQ:MBUU) rating on Monday, February 12. B. Riley & Co has “Neutral” rating and $32.25 target. The company was maintained on Friday, February 9 by SunTrust. The stock has “Outperform” rating by BMO Capital Markets on Thursday, May 3. B. Riley & Co initiated the shares of MBUU in report on Thursday, February 25 with “Buy” rating. On Monday, October 2 the stock rating was initiated by Aegis Capital with “Buy”. The stock of Malibu Boats, Inc. (NASDAQ:MBUU) has “Overweight” rating given on Thursday, May 3 by KeyBanc Capital Markets. The stock of Malibu Boats, Inc. (NASDAQ:MBUU) has “Hold” rating given on Thursday, May 3 by Wells Fargo.

Investors sentiment decreased to 1.15 in Q4 2017. Its down 0.36, from 1.51 in 2017Q3. It dropped, as 14 investors sold MBUU shares while 47 reduced holdings. 27 funds opened positions while 43 raised stakes. 20.31 million shares or 0.29% more from 20.25 million shares in 2017Q3 were reported. Laurion Capital Mngmt L P, New York-based fund reported 18,600 shares. Us-based Grandeur Peak Advsr Limited Co has invested 0.02% in Malibu Boats, Inc. (NASDAQ:MBUU). Menta Limited Liability Company reported 21,991 shares stake. 747,779 were reported by Arrowmark Colorado Holdg Limited. Hillcrest Asset Mgmt Ltd Liability Co, Texas-based fund reported 330,420 shares. Tower Llc (Trc) stated it has 4,445 shares or 0.02% of all its holdings. American Interest Group Inc Incorporated accumulated 13,725 shares. Wellington Mngmt Gru Ltd Liability Partnership invested in 960,827 shares. Ubs Asset Mgmt Americas Inc reported 33,276 shares. Us Fincl Bank De stated it has 1,203 shares. Hotchkis Wiley Mgmt Lc has invested 0% in Malibu Boats, Inc. (NASDAQ:MBUU). Lsv Asset Mgmt holds 0% or 21,100 shares in its portfolio. Mackenzie Financial owns 64,062 shares. Aqr Management Limited Co reported 12,549 shares. Illinois-based Oberweis Asset Management has invested 0.44% in Malibu Boats, Inc. (NASDAQ:MBUU).

Since December 11, 2017, it had 0 insider purchases, and 2 sales for $1.76 million activity. Another trade for 40,000 shares valued at $1.25M was sold by Springer Jackie D. Jr..

Among 33 analysts covering AT&T Inc. (NYSE:T), 13 have Buy rating, 1 Sell and 19 Hold. Therefore 39% are positive. AT&T Inc. had 83 analyst reports since July 27, 2015 according to SRatingsIntel. The firm has “Sector Perform” rating given on Thursday, January 26 by RBC Capital Markets. The stock of AT&T Inc. (NYSE:T) earned “Hold” rating by RBC Capital Markets on Monday, August 28. The firm has “Mkt Perform” rating given on Friday, July 22 by FBR Capital. The firm has “Neutral” rating by Bank of America given on Friday, February 2. The firm has “Sector Weight” rating by KeyBanc Capital Markets given on Tuesday, January 2. The stock of AT&T Inc. (NYSE:T) has “Hold” rating given on Friday, April 20 by Scotia Capital. The stock of AT&T Inc. (NYSE:T) has “Buy” rating given on Tuesday, July 25 by Macquarie Research. The firm has “Hold” rating given on Wednesday, October 11 by KeyBanc Capital Markets. Oppenheimer maintained the stock with “Hold” rating in Tuesday, July 25 report. The rating was maintained by Robert W. Baird on Wednesday, September 20 with “Buy”.

Malibu Boats, Inc. (NASDAQ:MBUU) Institutional Positions Chart

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Posts

>