Out of 9 analysts covering Kirby (NYSE:KEX), 5 rate it “Buy”, 1 “Sell”, while 8 “Hold”. This means 36% are positive. Kirby was the topic in 8 analyst reports since July 31, 2015 according to StockzIntelligence Inc. Below is a list of Kirby Corporation (NYSE:KEX) latest ratings and price target changes.
29/01/2016 Broker: Stephens Rating: Old Target: $66.00 New Target: $58.00 Target Down
28/01/2016 Broker: Cowen & Co Rating: Outperform Old Target: $90 New Target: $60 Maintain
28/01/2016 Broker: RBC Capital Markets Old Rating: Outperform New Rating: Sector Perform Old Target: $65 New Target: $32 Downgrade
26/01/2016 Broker: Goldman Sachs Rating: Neutral Old Target: $71.00 New Target: $65.00 Target Down
15/01/2016 Broker: Stephens Rating: Overweight Old Target: $95.00 New Target: $66.00 Target Down
29/10/2015 Broker: Credit Suisse Rating: Outperform Old Target: $84.00 New Target: $75.00 Target Down
01/10/2015 Broker: Macquarie Research Old Rating: Underperform New Rating: Neutral Upgrade
The stock increased 2.96% or $1.77 on March 4, hitting $61.52. About 886,946 shares traded hands or 1.56% up from the average. Kirby Corporation (NYSE:KEX) has declined 17.12% since July 30, 2015 and is downtrending. It has underperformed by 11.97% the S&P500.
Kirby Corporation is the domestic tank barge operator, transporting bulk liquid products. The company has a market cap of $3.41 billion. The Company, through its subsidiaries, operates in two divisions: Marine Transportation and Diesel Engine Services. It has 14.97 P/E ratio. The Marine Transportation segment is a well-known provider of marine transportation services, operating tank barges and towing vessels transporting bulk liquid products.
The institutional sentiment decreased to 0.74 in Q3 2015. Its down 0.26, from 1 in 2015Q2. The ratio turned negative, as 45 funds sold all Kirby Corporation shares owned while 104 reduced positions. 23 funds bought stakes while 88 increased positions. They now own 50.59 million shares or 2.98% less from 52.15 million shares in 2015Q2.
Lafitte Capital Management Lp holds 11.57% of its portfolio in Kirby Corporation for 250,000 shares. Park Presidio Capital Llc owns 326,797 shares or 4.77% of their US portfolio. Moreover, Lodge Hill Capital Llc has 3.63% invested in the company for 275,000 shares. The New York-based Newland Capital Management Llc has invested 3.59% in the stock. Mitchell Capital Management Co, a Kansas-based fund reported 143,314 shares.
Since May 5, 2015, the stock had 0 buys, and 2 sales for $312,085 net activity. Lamont William M Jr sold 1,500 shares worth $101,924. Husted Amy D. sold 2,500 shares worth $205,479. Ivey William G. sold 5,435 shares worth $446,592. Castro Renato A sold 361 shares worth $28,324.
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