Institutional Investor Sentiment About Modine Manufacturing Co (NYSE:MOD) Increased

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Sentiment for Modine Manufacturing Co (NYSE:MOD)

Modine Manufacturing Co (NYSE:MOD) institutional sentiment decreased to 1.2 in 2018 Q2. Its down -0.19, from 1.39 in 2018Q1. The ratio fall, as 84 investment managers increased and started new holdings, while 70 cut down and sold their equity positions in Modine Manufacturing Co. The investment managers in our partner’s database now hold: 45.62 million shares, up from 42.58 million shares in 2018Q1. Also, the number of investment managers holding Modine Manufacturing Co in their top 10 holdings was flat from 2 to 2 for the same number . Sold All: 27 Reduced: 43 Increased: 56 New Position: 28.

Modine Manufacturing Company develops, makes, and markets engineered heat transfer systems and heat transfer components for use in on- and off-highway original equipment maker vehicular applications. The company has market cap of $609.34 million. The firm operates through Americas, Europe, Asia, and Building HVAC divisions. It has a 12.38 P/E ratio. It offers powertrain cooling products, such as engine cooling modules, radiators, charge air coolers, condensers, oil coolers, fan shrouds, and surge tanks; on-engine cooling products consisting of exhaust gas recirculation coolers, engine oil coolers, fuel coolers, charge air coolers, and intake air coolers; and auxiliary coolers, such as transmission and retarder oil coolers, and power steering coolers, as well as component assemblies, radiators, and battery cooling products.

The stock increased 0.33% or $0.04 during the last trading session, reaching $12.02. About 252,907 shares traded. Modine Manufacturing Company (NYSE:MOD) has declined 7.08% since December 7, 2017 and is downtrending. It has underperformed by 22.70% the S&P500.

Analysts await Modine Manufacturing Company (NYSE:MOD) to report earnings on January, 29. They expect $0.34 earnings per share, down 2.86 % or $0.01 from last year’s $0.35 per share. MOD’s profit will be $17.24 million for 8.84 P/E if the $0.34 EPS becomes a reality. After $0.35 actual earnings per share reported by Modine Manufacturing Company for the previous quarter, Wall Street now forecasts -2.86 % negative EPS growth.

D.C. Capital Advisors Ltd holds 8.33% of its portfolio in Modine Manufacturing Company for 1.00 million shares. Oarsman Capital Inc. owns 221,112 shares or 1.83% of their US portfolio. Moreover, Penn Capital Management Co Inc has 1.28% invested in the company for 939,827 shares. The Maryland-based Financial Consulate Inc has invested 1.19% in the stock. Tygh Capital Management Inc., a Oregon-based fund reported 304,635 shares.

Since January 1, 0001, it had 0 insider purchases, and 1 insider sale for $250,302 activity.

More notable recent Modine Manufacturing Company (NYSE:MOD) news were published by: Marketwatch.com which released: “Southwest’s November load factor fell as capacity growth outpaced traffic’s rise – MarketWatch” on December 07, 2018, also Fool.com with their article: “Why Ambarella, Splunk, and EQGP Holdings Jumped Today – The Motley Fool” published on November 30, 2018, Seekingalpha.com published: “Modine: This Automotive Components Stock Is A Good Pick At The Current Levels – Seeking Alpha” on June 01, 2018. More interesting news about Modine Manufacturing Company (NYSE:MOD) were released by: Fool.com and their article: “3 Top Energy Stocks to Buy in November – Motley Fool” published on November 12, 2018 as well as Bizjournals.com‘s news article titled: “Lockheed Martin’s growth frenzy in Orlando bodes well for local economy, smaller firms – Orlando Business Journal” with publication date: November 14, 2018.

Modine Manufacturing Company (NYSE:MOD) Institutional Positions Chart

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