Sentiment for American Railcar Industries Inc (NASDAQ:ARII)
American Railcar Industries Inc (NASDAQ:ARII) institutional sentiment decreased to 0.84 in Q3 2015. Its down -0.16, from 1 in 2015Q2. The ratio dived, as 54 investment managers increased or started new equity positions, while 64 sold and reduced positions in American Railcar Industries Inc. The investment managers in our partner’s database now have: 25.11 million shares, up from 19.29 million shares in 2015Q2. Also, the number of investment managers holding American Railcar Industries Inc in their top 10 equity positions was flat from 1 to 1 for the same number . Sold All: 31 Reduced: 33 Increased: 40 New Position: 14.
American Railcar Industries, Inc. is a designer and maker of hopper and tank railcars. The company has a market cap of $847.30 million. The Firm creates makes and sells customized and general-purpose railcars and a range of components for the North American railcar and industrial markets. It has 6.53 P/E ratio. It operates in three divisions: manufacturing, railcar leasing and railcar services.
The stock decreased 1.51% or $0.64 during the last trading session, hitting $41.83. American Railcar Industries, Inc. (NASDAQ:ARII) has declined 3.97% since July 28, 2015 and is downtrending. It has outperformed by 1.13% the S&P500.
According to Zacks Investment Research, “American Railcar Industries, Inc. is a leading North American manufacturer of covered hopper and tank railcars. ARI also repairs and refurbishes railcars, provides fleet management services and designs and manufactures railcar and industrial components used in the production of its railcars as well as railcars and non-railcar industrial products produced by others.”
Zpr Investment Management holds 7.65% of its portfolio in American Railcar Industries, Inc. for 173,295 shares. Icahn Carl C owns 11.87 million shares or 1.54% of their US portfolio. Moreover, Laurel Grove Capital Llc has 0.75% invested in the company for 36,050 shares. The Arkansas-based Horrell Capital Management Inc. has invested 0.61% in the stock. White Pine Capital Llc, a Minnesota-based fund reported 22,675 shares.#img1#
Ratings analysis reveals 11% of American Railcar Industries’s analysts are positive. Out of 3 Wall Street analysts rating American Railcar Industries, 1 give it “Buy”, 1 “Sell” rating, while 7 recommend “Hold”. The lowest target is $36 while the high is $51. The stock’s average target of $41.67 is -0.79% below today’s ($41.83) share price. ARII was included in 4 notes of analysts from August 4, 2015. BB&T Capital downgraded the shares of American Railcar Industries in a note on February 22 to “Underweight” rating.
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