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Is Earnings Growth Happening For Westinghouse Air Brake Technologies Corporation (NYSE:WAB)?

15 March 2018

The fund owned 44,290 shares of the transportation company's stock after selling 14,538 shares during the quarter. Manatuck Hill Partners Llc who had been investing in Vicor Corp for a number of months, seems to be less bullish one the $1.03B market cap company. The stock decreased 0.37% or $0.31 during the last trading session, reaching $82.58. About 384,617 shares traded. Deutsche Bank Aktiengesellschaft (NYSE:DB) has risen 27.06% since March 14, 2017 and is uptrending. It has outperformed by 70.94% the S&P500.

Lazard Asset Management Llc increased Wabtec Corp (WAB) stake by 284.34% reported in 2017Q3 SEC filing. Alecta Pensionsforsakring Omsesidigt bought 150,000 shares as the company's stock declined 6.73% while stock markets rallied. The institutional investor held 40,136 shares of the railroads company at the end of 2017Q3, valued at $3.04 million, down from 63,705 at the end of the previous reported quarter. Wabtec Corp Com now has $8.01 billion valuation. About 592,565 shares traded. Westinghouse Air Brake Technologies Corporation (NYSE:WAB) has risen 7.39% since March 12, 2017 and is uptrending. It has underperformed by 9.31% the S&P500.

Investors sentiment increased to 1.32 in Q3 2017. Its up 0.11, from 0.82 in 2017Q2. 14 funds opened positions while 33 raised stakes. 230,023 were reported by Employees Retirement Association Of Colorado. Finally, Hikari Power Ltd lifted its holdings in shares of Westinghouse Air Brake Technologies by 7.1% in the 3rd quarter. Westpac Corporation has 5,835 shares for 0.01% of their portfolio. Great West Life Assurance Can invested in 0.02% or 86,494 shares. The FCF Growth of Westinghouse Air Brake Technologies Corporation (NYSE:WAB) is -0.751278. Moreover, Holowesko Prtnrs Ltd has 0.18% invested in General Dynamics Corporation (NYSE:GD) for 11,000 shares. Speece Thorson Capital Gru owns 102,645 shares for 1.62% of their portfolio. 4,515 were accumulated by Tru Of Toledo Na Oh. It also upped Vaneck Vectors Etf Tr stake by 50,691 shares and now owns 154,251 shares. Hbk Sorce Advisory Limited Liability Corp owns 6,389 shares. 223,137 are held by Trillium Asset Management Limited Liability Company.

Since September 22, 2017, it had 0 buys, and 5 insider sales for $477.13 million activity. Shares for $125,299 were sold by Canney Jacqueline P on Tuesday, September 26. DeNinno David L had sold 1,917 shares worth $145,884. 9,304 shares were sold by CASEY JOHN PATRICK, worth $2.00M on Wednesday, February 14. (NYSE:SLG) to report earnings on April, 18. During the same period in the prior year, the firm posted $0.81 EPS. WMT's profit will be $3.32B for 19.59 P/E if the $1.12 EPS becomes a reality. State Bank Of Montreal Can reported 0% stake. Two equities research analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and six have issued a buy recommendation on the company. Wal-Mart Stores Inc had 153 analyst reports since August 14, 2015 according to SRatingsIntel. The stock has "Buy" rating by KeyBanc Capital Markets on Tuesday, October 24. The rating was initiated by CLSA with "Buy" on Friday, September 30. On Monday, July 3 the stock rating was maintained by BMO Capital Markets with "Buy". The firm earned "Buy" rating on Thursday, March 8 by Roth Capital. Longbow has "Buy" rating and $10400 target. (NYSE:SLG) has "Buy" rating given on Wednesday, September 9 by Stifel Nicolaus. Deutsche Bank has "Hold" rating and $85 target. Therefore 56% are positive. Wabtec had 33 analyst reports since December 21, 2015 according to SRatingsIntel. The firm has "Buy" rating given on Friday, February 16 by Wolfe Research. Zacks Investment Research upgraded shares of Westinghouse Air Brake Technologies from a sell rating to a hold rating in a research report on Friday, December 29th. Kepler Cheuvreux upgraded the stock to "Buy" rating in Monday, October 5 report. The stock has "Hold" rating by Stifel Nicolaus on Monday, July 17. The firm has "Gradually Accumulate" rating given on Friday, April 7 by Wellington Shields. The stock of Westinghouse Air Brake Technologies Corporation (NYSE:WAB) earned "Neutral" rating by Longbow on Wednesday, October 26. Panmure Gordon has "Buy" rating and GBX 2.71 target. The rating was downgraded by Goldman Sachs to "Neutral" on Thursday, February 4. The company has a consensus rating of Hold and a consensus target price of $87.50. The firm earned "Equal-Weight" rating on Thursday, March 31 by Barclays Capital.

Since October 30, 2017, it had 0 buys, and 1 sale for $145,884 activity.

Alecta Pensionsforsakring Omsesidigt, which manages about $11.66 billion US Long portfolio, decreased its stake in Nielsen Holding Plc by 2.48M shares to 5.10 million shares, valued at $211.51 million in 2017Q3, according to the filing. Seaport Global Securities also issued estimates for Westinghouse Air Brake Technologies' Q2 2018 earnings at $0.89 EPS, Q3 2018 earnings at $0.93 EPS, FY2018 earnings at $3.80 EPS, Q2 2019 earnings at $1.05 EPS and Q3 2019 earnings at $1.12 EPS. Looking at some alternate time periods, the 12 month price index is 1.08382, the 24 month is 1.12364, and the 36 month is 0.92540.

A number of institutional investors have recently bought and sold shares of WAB. 12 funds opened positions while 25 raised stakes. 101.47 million shares or 2.77% more from 98.74 million shares in 2017Q2 were reported. Baillie Gifford & Co has invested 0.45% of its portfolio in Westinghouse Air Brake Technologies Corporation (NYSE:WAB). Hikari Power Ltd holds 1.8% or 183,300 shares. Greenleaf Trust accumulated 0% or 179 shares. The Earnings Yield for Westinghouse Air Brake Technologies Corporation NYSE:WAB is 0.043692. Wedgewood Investors Pa has 18,165 shares. 6,824 were reported by Veritable Ltd Partnership. Jane Street Grp Ltd Liability Corp reported 0% stake. Lesa Sroufe & reported 49,779 shares. Ameritas Investment Ptnrs holds 25,845 shares. Sei Invs owns 172,596 shares. Utd Cap Fincl Advisers Ltd Com holds 120,283 shares. Art Advsrs Limited Co stated it has 21,077 shares or 0% of all its holdings. Trellus Mngmt Limited Liability Corporation has invested 1.04% of its portfolio in Westinghouse Air Brake Technologies Corporation (NYSE:WAB). The company's quarterly revenue was up 41.5% compared to the same quarter last year. equities research analysts anticipate that Westinghouse Air Brake Technologies will post 3.84 earnings per share for the current year.

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