Capital Counsel Upped Its Wabtec Com (WAB) Stake by $922,272; Market Valuation Declined; Awm Investment Company Lowered Its Stake in Manitex Int’l (MNTX) by $1.44 Million

Westinghouse Air Brake Technologies Corporation (NYSE:WAB) Logo

Capital Counsel Llc increased its stake in Wabtec Corp Com (WAB) by 1.03% based on its latest 2018Q3 regulatory filing with the SEC. Capital Counsel Llc bought 8,868 shares as the company’s stock declined 26.82% with the market. The institutional investor held 873,924 shares of the railroads company at the end of 2018Q3, valued at $91.66 million, up from 865,056 at the end of the previous reported quarter. Capital Counsel Llc who had been investing in Wabtec Corp Com for a number of months, seems to be bullish on the $7.09 billion market cap company. The stock increased 0.16% or $0.12 during the last trading session, reaching $73.4. About 991,441 shares traded. Westinghouse Air Brake Technologies Corporation (NYSE:WAB) has risen 9.20% since February 10, 2018 and is uptrending. It has outperformed by 9.20% the S&P500. Some Historical WAB News: 21/05/2018 – GE merges transportation unit with Wabtec in $11.1 bln deal; 20/05/2018 – CNBC Now: GE nears deal to merge transportation unit with Wabtec, sources tell Reuters; 21/05/2018 – GE’s Transportation Unit To Merge With Wabtec In A Deal Valued At $11.1 Billion — MarketWatch; 20/05/2018 – US News: Exclusive: GE Nears Deal to Merge Transportation Unit With Wabtec; 20/04/2018 – GE Is Said in Talks to Unload Rail Unit in Deal With Wabtec (Video); 21/05/2018 – WABTEC AND GE TRANSPORTATION TO MERGE; 21/05/2018 – Wabtec and GE Transportation to Merge, Creating Global Leader for Rail Equipment, Services and Software; 21/05/2018 – Moody’s Affirms Ratings Of Wabtec, With Senior Unsecured At Baa3, On Announced Merger With Ge Transportation; Outlook Negative; 21/05/2018 – WABTEC – GOLDMAN, SACHS & CO LLC ACTING AS FINANCIAL ADVISOR TO CO; 21/05/2018 – GE to Merge Locomotive Unit With Wabtec in $11.1 Billion Merger

Awm Investment Company Inc decreased its stake in Manitex Int’l Inc. (MNTX) by 29.5% based on its latest 2018Q3 regulatory filing with the SEC. Awm Investment Company Inc sold 143,857 shares as the company’s stock declined 37.27% with the market. The institutional investor held 343,825 shares of the technology company at the end of 2018Q3, valued at $3.62M, down from 487,682 at the end of the previous reported quarter. Awm Investment Company Inc who had been investing in Manitex Int’l Inc. for a number of months, seems to be less bullish one the $162.08M market cap company. The stock increased 9.11% or $0.69 during the last trading session, reaching $8.26. About 84,774 shares traded or 15.44% up from the average. Manitex International, Inc. (NASDAQ:MNTX) has declined 16.13% since February 10, 2018 and is downtrending. It has underperformed by 16.13% the S&P500. Some Historical MNTX News: 16/03/2018 MANITEX INTERNATIONAL INC FILES NON-TIMELY 10-K – SEC FILING; 28/03/2018 – MANITEX INTERNATIONAL INC MNTX.O – BACKLOG INCREASED TO $87.3 MILLION AS OF FEBRUARY 28, 2018, AN INCREASE OF 40% SINCE DECEMBER 31, 2017; 28/03/2018 – Manitex International 4Q Rev $64.5M; 25/05/2018 – MANITEX INTERNATIONAL – INGO SCHILLER, PRESIDENT AND CEO OF TADANO AMERICA WILL BE INITIAL MEMBER OF BOARD DESIGNATED BY TADANO; 19/03/2018 – Manitex International, Inc. Announces the Appointment of Versalift East LLC. as a Distributor of Manitex Knuckle Boom and Aerial Lift products; 25/05/2018 – MANITEX INTERNATIONAL INC – IN CONNECTION WITH DEAL, TADANO HAS A RIGHT TO DESIGNATE ONE MEMBER TO COMPANY’S BOARD OF DIRECTORS; 09/05/2018 – MANITEX INTERNATIONAL INC – QTRLY LOSS PER SHARE $0.09; 19/03/2018 – Manitex International, Inc. Announces the Appointment of Versalift East LLC. as a Distributor of Manitex Knuckle Boom and Aeria; 28/03/2018 – MANITEX INTERNATIONAL INC – QTRLY NET LOSS FROM CONTINUING OPERATIONS $0.04 PER SHARE; 09/05/2018 – Manitex Sees 2Q Rev $60M-$65M

Since August 16, 2018, it had 0 insider purchases, and 1 insider sale for $51,524 activity.

Analysts await Manitex International, Inc. (NASDAQ:MNTX) to report earnings on March, 27. They expect $0.08 earnings per share, up 60.00% or $0.03 from last year’s $0.05 per share. MNTX’s profit will be $1.57M for 25.81 P/E if the $0.08 EPS becomes a reality. After $0.11 actual earnings per share reported by Manitex International, Inc. for the previous quarter, Wall Street now forecasts -27.27% negative EPS growth.

Among 2 analysts covering Manitex International (NASDAQ:MNTX), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Manitex International had 9 analyst reports since August 10, 2015 according to SRatingsIntel. The stock of Manitex International, Inc. (NASDAQ:MNTX) has “Hold” rating given on Tuesday, November 7 by Roth Capital. Roth Capital maintained the shares of MNTX in report on Friday, March 11 with “Buy” rating. The firm earned “Buy” rating on Wednesday, February 7 by Seaport Global. As per Thursday, February 8, the company rating was upgraded by Roth Capital. Roth Capital maintained the stock with “Buy” rating in Wednesday, June 7 report. Roth Capital maintained it with “Buy” rating and $8 target in Monday, August 10 report. The stock has “Buy” rating by Seaport Global on Wednesday, April 18. The stock has “Buy” rating by Roth Capital on Friday, August 4.

Awm Investment Company Inc, which manages about $1.06B and $604.90 million US Long portfolio, upped its stake in Electrocore Llc by 35,062 shares to 310,062 shares, valued at $4.34M in 2018Q3, according to the filing. It also increased its holding in Adesto Technologies Corp. by 895,550 shares in the quarter, for a total of 2.80M shares, and has risen its stake in Spero Therapeutics Inc..

Investors sentiment decreased to 1.11 in 2018 Q3. Its down 1.09, from 2.2 in 2018Q2. It is negative, as 6 investors sold MNTX shares while 21 reduced holdings. 9 funds opened positions while 21 raised stakes. 10.85 million shares or 0.72% less from 10.93 million shares in 2018Q2 were reported. Massachusetts-based Putnam Investments Ltd Liability Corporation has invested 0.01% in Manitex International, Inc. (NASDAQ:MNTX). Beddow Inc holds 35,000 shares. Janney Capital Mngmt Ltd invested in 0% or 15,000 shares. Massachusetts-based Monarch Partners Asset Management Limited Liability Company has invested 0.05% in Manitex International, Inc. (NASDAQ:MNTX). The New York-based Shufro Rose And Llc has invested 0.37% in Manitex International, Inc. (NASDAQ:MNTX). Germany-based Deutsche Comml Bank Ag has invested 0% in Manitex International, Inc. (NASDAQ:MNTX). American Gp has 9,643 shares for 0% of their portfolio. The Nebraska-based Ameritas Investment has invested 0% in Manitex International, Inc. (NASDAQ:MNTX). Janney Montgomery Scott Ltd Liability Co reported 0% stake. Usca Ria Ltd has 17,496 shares for 0.02% of their portfolio. 149 are held by Royal Bankshares Of Canada. Tower Research Capital (Trc) holds 0% or 312 shares in its portfolio. Awm Inv Com has invested 0.6% in Manitex International, Inc. (NASDAQ:MNTX). Weber Alan W has 0.27% invested in Manitex International, Inc. (NASDAQ:MNTX) for 66,518 shares. Citadel Limited Liability Com accumulated 0% or 10,036 shares.

More notable recent Manitex International, Inc. (NASDAQ:MNTX) news were published by: Prnewswire.com which released: “Manitex International Agrees to Acquire PM-Group, SpA, of Modena, Italy with Over $100 Million in Global Annual Revenues – PR Newswire” on July 21, 2014, also Globenewswire.com with their article: “Manitex International, Inc. to Participate in Upcoming Investor Conferences – GlobeNewswire” published on August 22, 2018, Globenewswire.com published: “Manitex International, Inc. Will Report Second Quarter 2018 Financial Results on August 7, 2018 – GlobeNewswire” on July 25, 2018. More interesting news about Manitex International, Inc. (NASDAQ:MNTX) were released by: Seekingalpha.com and their article: “ASV – Challenged Prospects For This CTL Manufacturer – Seeking Alpha” published on May 15, 2017 as well as Prnewswire.com‘s news article titled: “Manitex International, Inc. Announces ASV, Inc. Joint Venture with Terex Corporation – PR Newswire” with publication date: October 29, 2014.

Capital Counsel Llc, which manages about $2.48 billion and $1.43 billion US Long portfolio, decreased its stake in Johnson & Johnson Com (NYSE:JNJ) by 5,511 shares to 447,864 shares, valued at $61.88 million in 2018Q3, according to the filing. It also reduced its holding in Idexx Labs Inc Com (NASDAQ:IDXX) by 41,402 shares in the quarter, leaving it with 685,755 shares, and cut its stake in Reata Pharmaceuticals Inc Cl A.

Among 18 analysts covering Wabtec (NYSE:WAB), 11 have Buy rating, 0 Sell and 7 Hold. Therefore 61% are positive. Wabtec had 45 analyst reports since December 21, 2015 according to SRatingsIntel. The firm has “Buy” rating by Stifel Nicolaus given on Tuesday, May 8. The rating was initiated by Berenberg on Thursday, September 7 with “Hold”. Wellington Shields upgraded Westinghouse Air Brake Technologies Corporation (NYSE:WAB) on Friday, April 7 to “Gradually Accumulate” rating. Deutsche Bank upgraded Westinghouse Air Brake Technologies Corporation (NYSE:WAB) on Monday, May 14 to “Buy” rating. On Wednesday, October 26 the stock rating was downgraded by Longbow to “Neutral”. The stock of Westinghouse Air Brake Technologies Corporation (NYSE:WAB) has “Buy” rating given on Wednesday, June 21 by Longbow. The stock of Westinghouse Air Brake Technologies Corporation (NYSE:WAB) earned “Hold” rating by Stifel Nicolaus on Wednesday, February 21. On Wednesday, December 13 the stock rating was initiated by Cowen & Co with “Buy”. The stock has “Overweight” rating by KeyBanc Capital Markets on Tuesday, May 8. Stifel Nicolaus maintained the stock with “Hold” rating in Friday, February 2 report.

More notable recent Westinghouse Air Brake Technologies Corporation (NYSE:WAB) news were published by: Seekingalpha.com which released: “GE’s Pain Is Wabtec’s Gain – Up 10.2% This Month On Its Way To Doubling – Seeking Alpha” on July 31, 2018, also Seekingalpha.com with their article: “General Electric’s Brilliant Move – Seeking Alpha” published on May 23, 2018, Globenewswire.com published: “Wabtec Expects To Complete Merger With GE Transportation On Feb. 25 – GlobeNewswire” on February 04, 2019. More interesting news about Westinghouse Air Brake Technologies Corporation (NYSE:WAB) were released by: Seekingalpha.com and their article: “Wabtec: Waiting For An Entry – Seeking Alpha” published on November 27, 2018 as well as Seekingalpha.com‘s news article titled: “Wabtec: A Good Deal Becomes Great – Seeking Alpha” with publication date: November 30, 2018.

Since August 20, 2018, it had 0 insider purchases, and 3 sales for $3.53 million activity. FOSTER LEE B II sold $441,046 worth of stock or 4,000 shares. On Friday, August 24 the insider KASSLING WILLIAM E sold $874,192.

Investors sentiment increased to 0.85 in 2018 Q3. Its up 0.03, from 0.82 in 2018Q2. It improved, as 38 investors sold WAB shares while 139 reduced holdings. 58 funds opened positions while 92 raised stakes. 87.84 million shares or 7.00% less from 94.45 million shares in 2018Q2 were reported. Mitsubishi Ufj Tru And Banking Corporation holds 0.18% or 485,452 shares. Essex Mgmt Limited Liability Corporation reported 12,240 shares. Kbc Grp Nv stated it has 0% in Westinghouse Air Brake Technologies Corporation (NYSE:WAB). Thompson Siegel Walmsley Ltd Limited Liability Company holds 0% or 900 shares in its portfolio. Riverhead Capital Management Ltd Liability Com has 0.03% invested in Westinghouse Air Brake Technologies Corporation (NYSE:WAB) for 8,272 shares. Moreover, Sterling Mgmt Llc has 0.03% invested in Westinghouse Air Brake Technologies Corporation (NYSE:WAB). Victory Cap has invested 0.01% in Westinghouse Air Brake Technologies Corporation (NYSE:WAB). California-based Hanson Mcclain has invested 0% in Westinghouse Air Brake Technologies Corporation (NYSE:WAB). Wolverine Asset Mgmt reported 53,880 shares. 192,770 are held by Hikari Pwr Limited. Rhumbline Advisers holds 156,235 shares or 0.03% of its portfolio. Neville Rodie & Shaw Incorporated holds 1.23% or 119,182 shares. Dimensional Fund Advsr L P, Texas-based fund reported 720,959 shares. Fjarde Ap stated it has 0.05% in Westinghouse Air Brake Technologies Corporation (NYSE:WAB). Shine Investment Advisory invested in 126 shares.

Manitex International, Inc. (NASDAQ:MNTX) Institutional Positions Chart

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