Owens-Illinois, Inc. (OI)’s Insider Moyano Currarino Unloaded 11,910 Shares of the Company; Par Capital Management Has Decreased Csx (CSX) Position By $21.87 Million

March 19, 2018 - By Peter Erickson

Par Capital Management Inc decreased Csx Corp (CSX) stake by 35.84% reported in 2017Q3 SEC filing. Par Capital Management Inc sold 405,000 shares as Csx Corp (CSX)’s stock rose 3.79%. The Par Capital Management Inc holds 725,000 shares with $39.34 million value, down from 1.13 million last quarter. Csx Corp now has $49.77B valuation. The stock decreased 1.46% or $0.83 during the last trading session, reaching $56.09. About 1.49 million shares traded. CSX Corporation (NYSE:CSX) has risen 97.18% since March 19, 2017 and is uptrending. It has outperformed by 80.48% the S&P500.

Moyano Currarino currently working as the SVP – Chief Tech & SC Officer of Owens Illinois Inc not a long ago sold 11,910 shares of the ‘s company. The insider sale has $268,762 U.S Dollars total value, at the average stock value of $22.6. This insider deal, was completed on 19/03/2018. It’s ready for review at the SEC’s website and can be seen at this page. The chance of this stocks unloading staying unseen is little as it’s new, with Moyano Currarino now owning 28,494 shares — that is 0.02% of Owens Illinois Inc’s total market capitalization.

Among 16 analysts covering Owens-Illinois Inc (NYSE:OI), 4 have Buy rating, 1 Sell and 11 Hold. Therefore 25% are positive. Owens-Illinois Inc has $42 highest and $15 lowest target. $24.36’s average target is 8.65% above currents $22.42 stock price. Owens-Illinois Inc had 47 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was reinitiated by Deutsche Bank with “Buy” on Monday, October 19. The firm has “Hold” rating by RBC Capital Markets given on Monday, October 9. The stock has “Hold” rating by TheStreet on Friday, July 31. The firm has “Hold” rating given on Tuesday, September 5 by UBS. Bank of America maintained Owens-Illinois, Inc. (NYSE:OI) rating on Wednesday, October 25. Bank of America has “Buy” rating and $30 target. The rating was maintained by RBC Capital Markets on Thursday, July 13 with “Hold”. BMO Capital Markets maintained the stock with “Hold” rating in Monday, April 24 report. Macquarie Research initiated it with “Neutral” rating and $22 target in Tuesday, November 10 report. RBC Capital Markets maintained the shares of OI in report on Wednesday, December 13 with “Hold” rating. KeyBanc Capital Markets maintained the stock with “Hold” rating in Tuesday, October 3 report.

Owens-Illinois, Inc., through its subsidiaries, makes and sells glass containers to food and beverage manufacturers primarily in Europe, North America, Latin America, and the Asia Pacific. The company has market cap of $3.66 billion. It produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits, and wine. It has a 20.53 P/E ratio. The firm is also involved in the production of glass packaging for various food items, soft drinks, teas, juices, and pharmaceuticals.

Investors sentiment decreased to 1.09 in 2017 Q3. Its down 0.47, from 1.56 in 2017Q2. It turned negative, as 15 investors sold Owens-Illinois, Inc. shares while 85 reduced holdings. 44 funds opened positions while 112 raised stakes. 149.96 million shares or 1.10% less from 151.63 million shares in 2017Q2 were reported. 161,783 are held by Barclays Public Limited Com. Oakbrook Invs Ltd Limited Liability Company holds 0.02% or 13,190 shares. Ajo Ltd Partnership owns 347,118 shares or 0.04% of their US portfolio. Commonwealth State Bank Of Aus accumulated 1,603 shares or 0% of the stock. Meridian Counsel stated it has 66,800 shares or 0.96% of all its holdings. Moors & Cabot invested in 31,200 shares. First Manhattan holds 0% or 3,100 shares. Credit Suisse Ag stated it has 496,347 shares or 0.01% of all its holdings. Convergence Partners Ltd Liability has invested 0.56% in Owens-Illinois, Inc. (NYSE:OI). Voloridge Ltd Com reported 0.01% stake. Employees Retirement System Of Ohio stated it has 0.02% of its portfolio in Owens-Illinois, Inc. (NYSE:OI). Walleye Trading Limited Com reported 0% stake. California Employees Retirement Systems has invested 0.02% in Owens-Illinois, Inc. (NYSE:OI). 52,053 were reported by Citadel Advsrs Ltd Llc. Cortina Asset Mgmt Limited Company holds 0.36% in Owens-Illinois, Inc. (NYSE:OI) or 350,966 shares.

The stock decreased 1.77% or $0.4 during the last trading session, reaching $22.42. About 492,708 shares traded. Owens-Illinois, Inc. (NYSE:OI) has risen 20.39% since March 19, 2017 and is uptrending. It has outperformed by 3.69% the S&P500.

Analysts await Owens-Illinois, Inc. (NYSE:OI) to report earnings on April, 23. They expect $0.57 earnings per share, down 1.72% or $0.01 from last year’s $0.58 per share. OI’s profit will be $92.95M for 9.83 P/E if the $0.57 EPS becomes a reality. After $0.55 actual earnings per share reported by Owens-Illinois, Inc. for the previous quarter, Wall Street now forecasts 3.64% EPS growth.

Investors sentiment increased to 0.8 in 2017 Q3. Its up 0.14, from 0.66 in 2017Q2. It increased, as 56 investors sold CSX shares while 351 reduced holdings. 65 funds opened positions while 204 raised stakes. 612.12 million shares or 2.65% less from 628.79 million shares in 2017Q2 were reported. Hbk Limited Partnership holds 0.11% or 255,717 shares. Cantab Cap Prtnrs Ltd Liability Partnership stated it has 0.19% in CSX Corporation (NASDAQ:CSX). Ftb Advsrs owns 26,598 shares or 0.15% of their US portfolio. Davis R M holds 0.01% or 4,780 shares. Mitsubishi Ufj Secs holds 0.94% or 3,630 shares. At Savings Bank holds 10,162 shares or 0.06% of its portfolio. Johnson Investment Counsel reported 33,948 shares or 0.05% of all its holdings. Adage Group Ltd Liability Corporation stated it has 1.30 million shares or 0.17% of all its holdings. Highland Cap Mgmt Ltd Liability Co reported 263,849 shares stake. Thrivent Finance For Lutherans has 3.75M shares for 0.72% of their portfolio. Patten Patten Incorporated Tn holds 0.05% or 8,355 shares in its portfolio. Fiera invested in 0% or 5,356 shares. Decatur Capital holds 1.52% of its portfolio in CSX Corporation (NASDAQ:CSX) for 146,475 shares. Pcj Inv Counsel Ltd has invested 0.28% in CSX Corporation (NASDAQ:CSX). Jpmorgan Chase And Com holds 2.53M shares or 0.03% of its portfolio.

Par Capital Management Inc increased Conns Inc (NASDAQ:CONN) stake by 40,000 shares to 3.04M valued at $85.58M in 2017Q3. It also upped Dycom Inds Inc (NYSE:DY) stake by 250,000 shares and now owns 1.00M shares. United Contl Hldgs Inc (NYSE:UAL) was raised too.

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