Anchor Bolt Capital LP Has Cut By $3.29 Million Its Paccar (PCAR) Stake; 6 Analysts Are Bullish Chemring Group plc (LON:CHG) Last Week

January 13, 2018 - By Peter Kolinski

Anchor Bolt Capital Lp decreased Paccar Inc (PCAR) stake by 10.38% reported in 2017Q3 SEC filing. Anchor Bolt Capital Lp sold 45,690 shares as Paccar Inc (PCAR)’s stock declined 8.74%. The Anchor Bolt Capital Lp holds 394,370 shares with $28.53 million value, down from 440,060 last quarter. Paccar Inc now has $26.86 billion valuation. The stock increased 1.10% or $0.83 during the last trading session, reaching $76.4. About 2.31M shares traded or 5.41% up from the average. PACCAR Inc (NASDAQ:PCAR) has risen 19.93% since January 13, 2017 and is uptrending. It has outperformed by 3.23% the S&P500.

Among 9 analysts covering Chemring Group PLC (LON:CHG), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. Chemring Group PLC had 77 analyst reports since August 12, 2015 according to SRatingsIntel. The company was maintained on Thursday, January 19 by Panmure Gordon. The stock of Chemring Group plc (LON:CHG) has “Hold” rating given on Tuesday, October 27 by Liberum Capital. As per Friday, October 6, the company rating was maintained by Liberum Capital. The stock has “Neutral” rating by JP Morgan on Tuesday, November 22. The rating was maintained by JP Morgan on Thursday, September 1 with “Neutral”. Liberum Capital maintained Chemring Group plc (LON:CHG) on Tuesday, September 5 with “Buy” rating. As per Friday, March 17, the company rating was maintained by Liberum Capital. The stock of Chemring Group plc (LON:CHG) earned “Underweight” rating by Barclays Capital on Friday, January 20. The firm has “Buy” rating by Liberum Capital given on Tuesday, November 14. The stock of Chemring Group plc (LON:CHG) earned “Sell” rating by Panmure Gordon on Thursday, April 14. See Chemring Group plc (LON:CHG) latest ratings:

12/01/2018 Broker: Liberum Capital Rating: Buy Old Target: GBX 225.00 New Target: GBX 225.00 Maintain
10/01/2018 Broker: Berenberg Rating: Buy New Target: GBX 211.00 Initiates Starts
05/01/2018 Broker: JP Morgan Rating: Neutral Old Target: GBX 210.00 New Target: GBX 205.00 Maintain
15/11/2017 Broker: JP Morgan Rating: Neutral Old Target: GBX 205.00 New Target: GBX 210.00 Maintain
14/11/2017 Broker: Peel Hunt Rating: Add Old Target: GBX 185.00 New Target: GBX 185.00 Maintain
14/11/2017 Broker: Liberum Capital Rating: Buy Old Target: GBX 225.00 New Target: GBX 225.00 Maintain
31/10/2017 Broker: Peel Hunt Rating: Add New Target: GBX 185.00 Initiates Starts
06/10/2017 Broker: Liberum Capital Rating: Buy Old Target: GBX 210.00 New Target: GBX 225.00 Maintain
05/09/2017 Broker: Liberum Capital Rating: Buy Old Target: GBX 210.00 New Target: GBX 210.00 Maintain
17/08/2017 Broker: Barclays Capital Rating: Equal Weight Old Target: GBX 200.00 New Target: GBX 200.00 Maintain

Anchor Bolt Capital Lp increased Tyson Foods Inc (NYSE:TSN) stake by 403,622 shares to 1.54 million valued at $108.60M in 2017Q3. It also upped Cf Inds Hldgs Inc (NYSE:CF) stake by 619,928 shares and now owns 711,223 shares. Norwegian Cruise Line Hldgs (NASDAQ:NCLH) was raised too.

Analysts await PACCAR Inc (NASDAQ:PCAR) to report earnings on January, 30. They expect $1.10 earnings per share, up 34.15% or $0.28 from last year’s $0.82 per share. PCAR’s profit will be $386.77 million for 17.36 P/E if the $1.10 EPS becomes a reality. After $1.14 actual earnings per share reported by PACCAR Inc for the previous quarter, Wall Street now forecasts -3.51% negative EPS growth.

Investors sentiment increased to 1.06 in Q3 2017. Its up 0.04, from 1.02 in 2017Q2. It improved, as 40 investors sold PCAR shares while 147 reduced holdings. 46 funds opened positions while 152 raised stakes. 213.97 million shares or 0.17% more from 213.61 million shares in 2017Q2 were reported. Riverbridge Prtnrs Limited Com holds 0.01% or 5,743 shares in its portfolio. Boltwood Mngmt has invested 0.14% in PACCAR Inc (NASDAQ:PCAR). Thompson Davis & Co Inc reported 154 shares or 0.02% of all its holdings. Arizona State Retirement stated it has 0.09% in PACCAR Inc (NASDAQ:PCAR). 187,921 were reported by Voya Investment Management Limited Liability. Parametric Portfolio Associate Lc accumulated 763,018 shares. Brown Brothers Harriman & Co holds 1,809 shares or 0% of its portfolio. Focused Wealth Mgmt Inc accumulated 64 shares. Sonata Cap Grp owns 3,300 shares for 0.18% of their portfolio. Livforsakringsbolaget Skandia Omsesidigt invested in 6,687 shares. Cetera Advsr has 3,084 shares for 0.01% of their portfolio. Pennsylvania-based Sei Invs has invested 0.01% in PACCAR Inc (NASDAQ:PCAR). Ifc Holdg Incorporated Fl holds 0.06% or 12,846 shares in its portfolio. Strs Ohio reported 0% stake. Wellington Mgmt Llp holds 0.05% of its portfolio in PACCAR Inc (NASDAQ:PCAR) for 3.09M shares.

Since August 1, 2017, it had 0 buys, and 3 insider sales for $2.11 million activity. $285,704 worth of stock was sold by LEY ALMA LILY on Tuesday, October 31. 23,028 shares valued at $1.63 million were sold by LeVier Jack K. on Monday, October 30. Quinn T. Kyle sold $189,136 worth of PACCAR Inc (NASDAQ:PCAR) on Tuesday, August 1.

Among 25 analysts covering Paccar Inc (NASDAQ:PCAR), 9 have Buy rating, 1 Sell and 15 Hold. Therefore 36% are positive. Paccar Inc had 90 analyst reports since July 30, 2015 according to SRatingsIntel. As per Friday, September 30, the company rating was initiated by CLSA. The stock has “Buy” rating by UBS on Thursday, July 6. As per Monday, October 2, the company rating was maintained by RBC Capital Markets. The firm earned “Neutral” rating on Monday, April 11 by Macquarie Research. The company was maintained on Wednesday, July 5 by RBC Capital Markets. The company was downgraded on Monday, November 30 by RBC Capital Markets. Jefferies maintained the stock with “Buy” rating in Friday, May 26 report. On Wednesday, October 12 the stock rating was maintained by Barclays Capital with “Underweight”. On Monday, June 27 the stock rating was downgraded by JP Morgan to “Underweight”. The firm has “Underweight” rating given on Wednesday, July 27 by Barclays Capital.

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