Koshinski Asset Management Boosted Its Exxon Mobil (XOM) Stake; 5 Bullish Analysts Covering Patrick Industries, Inc. (PATK)

April 22, 2018 - By Ruchi Gupta

Exxon Mobil Corporation (NYSE:XOM) Logo

Koshinski Asset Management Inc increased Exxon Mobil Corp (XOM) stake by 27.97% reported in 2017Q4 SEC filing. Koshinski Asset Management Inc acquired 7,231 shares as Exxon Mobil Corp (XOM)’s stock declined 12.23%. The Koshinski Asset Management Inc holds 33,080 shares with $2.77M value, up from 25,849 last quarter. Exxon Mobil Corp now has $334.63 billion valuation. The stock decreased 0.53% or $0.42 during the last trading session, reaching $79. About 12.07 million shares traded. Exxon Mobil Corporation (NYSE:XOM) has declined 9.29% since April 22, 2017 and is downtrending. It has underperformed by 20.84% the S&P500.

Among 6 analysts covering Patrick Industries (NASDAQ:PATK), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Patrick Industries had 12 analyst reports since March 31, 2016 according to SRatingsIntel. The stock of Patrick Industries, Inc. (NASDAQ:PATK) earned “Buy” rating by Sidoti on Thursday, June 16. The firm has “Buy” rating by Robert W. Baird given on Thursday, February 15. The firm has “Buy” rating given on Wednesday, August 30 by Robert W. Baird. CL King downgraded Patrick Industries, Inc. (NASDAQ:PATK) on Thursday, March 31 to “Neutral” rating. Wells Fargo maintained Patrick Industries, Inc. (NASDAQ:PATK) rating on Thursday, December 14. Wells Fargo has “Hold” rating and $66.0 target. The company was maintained on Tuesday, October 24 by Bank of America. On Tuesday, April 10 the stock rating was maintained by Wells Fargo with “Hold”. Bank of America maintained the shares of PATK in report on Thursday, March 15 with “Buy” rating. The stock of Patrick Industries, Inc. (NASDAQ:PATK) has “Buy” rating given on Wednesday, August 17 by CL King. Bank of America maintained the stock with “Buy” rating in Wednesday, January 24 report. See Patrick Industries, Inc. (NASDAQ:PATK) latest ratings:

10/04/2018 Broker: Wells Fargo Rating: Hold New Target: $66.0000 Maintain
15/03/2018 Broker: Bank of America Old Rating: Buy New Rating: Buy Old Target: $82 New Target: $85 Maintain
15/02/2018 Broker: Robert W. Baird Rating: Buy New Target: $76.0 Maintain
24/01/2018 Broker: Bank of America Old Rating: Buy New Rating: Buy Old Target: $75 New Target: $80 Maintain
22/12/2017 Broker: Robert W. Baird Rating: Buy New Target: $72.0 Maintain
15/12/2017 Broker: KeyBanc Capital Markets Rating: Overweight New Target: $80 Initiates Coverage On
14/12/2017 Broker: Wells Fargo Rating: Hold New Target: $66.0 Maintain
24/10/2017 Broker: Bank of America Rating: Buy Old Target: $85 New Target: $93 Maintain

Since October 26, 2017, it had 2 insider buys, and 6 sales for $3.15 million activity. $172,370 worth of Patrick Industries, Inc. (NASDAQ:PATK) shares were sold by Kitson Michael A. On Thursday, October 26 the insider Cleveland Todd M sold $898,701. Another trade for 25,000 shares valued at $2.24 million was made by GENDELL JEFFREY L ET AL on Thursday, October 26. On Friday, March 16 Boone Joshua A sold $54,644 worth of Patrick Industries, Inc. (NASDAQ:PATK) or 814 shares. Blosser Courtney also sold $134,648 worth of Patrick Industries, Inc. (NASDAQ:PATK) on Monday, March 12. Shares for $79,460 were bought by WELCH M SCOTT on Wednesday, February 21. 1,000 shares were sold by Forbes John A, worth $65,800.

Patrick Industries, Inc. manufactures and distributes building products and materials for the recreational vehicle, manufactured housing, and industrial markets in the United States and Canada. The company has market cap of $1.36 billion. The Company’s Manufacturing segment makes and fabricates decorative vinyl and paper laminated panels; fabricated aluminum products; wrapped vinyl, paper, and hardwood profile moldings; solid surface, granite, and quartz countertops; cabinet doors and components; hardwood furniture; fiberglass bath and shower surrounds and fixtures; fiberglass marine helms; fiberglass and plastic component products; slide-out trim and fascia; interior passage doors; RV paintings; softwoods lumber; simulated wood and stone products; slotwall panels and components; and others. It has a 15.34 P/E ratio. It also offers custom fabrication, edge-banding, drilling, boring, and cut-to-size services.

The stock decreased 0.28% or $0.15 during the last trading session, reaching $53.4. About 270,531 shares traded. Patrick Industries, Inc. (NASDAQ:PATK) has risen 34.42% since April 22, 2017 and is uptrending. It has outperformed by 22.87% the S&P500.

Investors sentiment increased to 7.26 in 2017 Q4. Its up 6.23, from 1.03 in 2017Q3. It improved, as 12 investors sold Patrick Industries, Inc. shares while 11 reduced holdings. 37 funds opened positions while 130 raised stakes. 44.28 million shares or 197.84% more from 14.87 million shares in 2017Q3 were reported. Nuveen Asset Management Lc has 16,768 shares. Prescott Grp Limited Liability reported 0.21% stake. State Board Of Administration Of Florida Retirement Systems accumulated 14,724 shares. 38,578 are held by New York State Common Retirement Fund. Wellington Mngmt Gp Limited Liability Partnership has invested 0% of its portfolio in Patrick Industries, Inc. (NASDAQ:PATK). The Connecticut-based Matarin Capital Management Ltd Llc has invested 1.04% in Patrick Industries, Inc. (NASDAQ:PATK). Etrade Mgmt accumulated 23,049 shares or 0.05% of the stock. Ny State Teachers Retirement System holds 16,148 shares. Driehaus Cap Mngmt Ltd Liability Corporation holds 244,859 shares or 0.65% of its portfolio. Dana Investment Advisors reported 42,989 shares stake. Bancshares Of America De reported 217,243 shares. Amalgamated National Bank & Trust has 0.01% invested in Patrick Industries, Inc. (NASDAQ:PATK). Bogle Invest Mgmt Ltd Partnership De reported 19,703 shares. 18,480 were accumulated by Manufacturers Life Insurance The. Raymond James & Associate owns 0% invested in Patrick Industries, Inc. (NASDAQ:PATK) for 6,226 shares.

Koshinski Asset Management Inc decreased Pimco Etf Tr (HYS) stake by 3,031 shares to 12,337 valued at $1.24M in 2017Q4. It also reduced Nuveen Amt Free Mun Cr Inc F (NVG) stake by 25,831 shares and now owns 104,399 shares. General Electric Co (NYSE:GE) was reduced too.

Since December 11, 2017, it had 0 insider buys, and 4 selling transactions for $3.42 million activity. On Monday, December 11 Corson Bradley W sold $1.62 million worth of Exxon Mobil Corporation (NYSE:XOM) or 19,500 shares. Chapman Neil A sold 12,000 shares worth $996,628. Wascom Dennis G sold $200,293 worth of stock. On Tuesday, December 12 Milton Bryan W sold $606,082 worth of Exxon Mobil Corporation (NYSE:XOM) or 7,281 shares.

Investors sentiment decreased to 0.84 in 2017 Q4. Its down 0.01, from 0.85 in 2017Q3. It fall, as 48 investors sold XOM shares while 819 reduced holdings. 123 funds opened positions while 603 raised stakes. 2.17 billion shares or 1.92% more from 2.13 billion shares in 2017Q3 were reported. Forward Mgmt Lc accumulated 0% or 181 shares. James Invest Research Inc has invested 0% in Exxon Mobil Corporation (NYSE:XOM). South Texas Money Mngmt Ltd holds 0.25% or 64,497 shares. Fagan Assoc owns 19,133 shares for 0.65% of their portfolio. Alpine Ltd Limited Liability Company reported 17,468 shares stake. Allsquare Wealth Management, a New York-based fund reported 9,924 shares. Cv Starr Inc Tru reported 1.47% in Exxon Mobil Corporation (NYSE:XOM). Brandywine Communication reported 165,066 shares or 11.72% of all its holdings. 6,597 are owned by Miracle Mile Advsr Ltd Liability Corp. Raymond James Assocs has invested 0.62% in Exxon Mobil Corporation (NYSE:XOM). The United Kingdom-based River Mercantile Asset Management Ltd Liability Partnership has invested 1.55% in Exxon Mobil Corporation (NYSE:XOM). Two Sigma Secs Lc owns 23,313 shares for 0.05% of their portfolio. Hutchinson Cap Management Ca reported 1.85% stake. Perkins Coie Trust has 0.4% invested in Exxon Mobil Corporation (NYSE:XOM) for 9,569 shares. Acropolis Invest Management Ltd Company reported 25,871 shares.

Among 26 analysts covering Exxon Mobil (NYSE:XOM), 10 have Buy rating, 6 Sell and 10 Hold. Therefore 38% are positive. Exxon Mobil had 92 analyst reports since July 22, 2015 according to SRatingsIntel. Wells Fargo maintained the shares of XOM in report on Thursday, March 8 with “Market Perform” rating. Vetr downgraded Exxon Mobil Corporation (NYSE:XOM) on Wednesday, August 12 to “Strong-Buy” rating. The company was maintained on Thursday, July 27 by Jefferies. Credit Suisse maintained it with “Neutral” rating and $80 target in Monday, February 5 report. UBS downgraded the shares of XOM in report on Thursday, January 19 to “Sell” rating. Wells Fargo downgraded the shares of XOM in report on Wednesday, January 11 to “Market Perform” rating. The firm has “Hold” rating given on Monday, December 11 by Credit Suisse. BMO Capital Markets maintained it with “Hold” rating and $80.0 target in Wednesday, October 18 report. The rating was upgraded by UBS on Wednesday, September 6 to “Neutral”. The firm has “Buy” rating given on Friday, July 28 by Cowen & Co.

Patrick Industries, Inc. (NASDAQ:PATK) Institutional Positions Chart

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