Faiveley Erwan increased Its Westinghouse Air Brake Technologies Corp Stake

May 24, 2018 - By Ellis Scott

Westinghouse Air Brake Technologies Corporation (NYSE:WAB) LogoInvestors sentiment increased to 0.93 in 2017 Q4. Its up 0.11, from 0.82 in 2017Q3. It improved, as 28 investors sold Westinghouse Air Brake Technologies Corporation shares while 139 reduced holdings. 47 funds opened positions while 108 raised stakes. 102.49 million shares or 1.00% more from 101.47 million shares in 2017Q3 were reported.

Regions owns 21,753 shares for 0.02% of their portfolio. Intl Grp reported 176,862 shares or 0.05% of all its holdings. First Republic Inv accumulated 110,782 shares. Victory Cap Management owns 23,901 shares. Commonwealth Of Pennsylvania Pub School Empls Retrmt stated it has 12,480 shares. Moreover, World Asset Mgmt has 0.02% invested in Westinghouse Air Brake Technologies Corporation (NYSE:WAB) for 5,722 shares. Train Babcock Advisors Limited Liability Co accumulated 34,892 shares. Price T Rowe Assocs Md holds 4.46M shares. Hikari Power Ltd holds 192,770 shares. Weaver C Barksdale & Assocs Inc, a Tennessee-based fund reported 255 shares. Hbk Sorce Advisory Limited Liability Co has invested 0.02% in Westinghouse Air Brake Technologies Corporation (NYSE:WAB). Cap Counsel Limited Company New York invested 5.57% of its portfolio in Westinghouse Air Brake Technologies Corporation (NYSE:WAB). Birch Hill Advisors Ltd Com has 1.74% invested in Westinghouse Air Brake Technologies Corporation (NYSE:WAB). Symphony Asset Mgmt Ltd Liability Corp stated it has 0.23% of its portfolio in Westinghouse Air Brake Technologies Corporation (NYSE:WAB). Brown Advisory Inc holds 2.79 million shares.

Faiveley Erwan Reported increased Stake in Westinghouse Air Brake Technologies Corp

Faiveley Erwan filed with SEC a SC 13D/A form for Westinghouse Air Brake Technologies Corp. It can be found at: 000119312518173754. As reported by Faiveley Erwan, the filler increased its stake in the stock by 0.02 % for 6,309,480 shares. Faiveley Erwan currently owns 6.55% of the Industrials- stock. Date of activity: May20, 2018.

Westinghouse Air Brake Technologies Corp Institutional Sentiment

Filings show 324 investors own Westinghouse Air Brake Technologies Corp. The ownership in Q3 2017 is very high, at Infinity of the outstanding shares. This is increased by 8516525. 101473626 were owned by these investors. 35 funds opened new Westinghouse Air Brake Technologies Corp stakes, 113 increased positions. There were 48 that closed positions and 133 reduced them.

8 investors had the stock in their top 10. Some are: Mycio Wealth Partners Llc, Farallon Capital Management Llc, Altarock Partners Llc, Park Presidio Capital Llc, Capital Counsel Llc Ny, Edgepoint Investment Group Inc., Investmentaktiengesellschaft Fuer Langfristige Investoren Tgv, Stone Run Capital Llc..

Investmentaktiengesellschaft Fuer Langfristige Investoren Tgv is an investor bullish on Westinghouse Air Brake Technologies Corp, owning 425000 shares as of Q3 2017 for 5.48% of its portfolio. Capital Counsel Llc owns 867746 shares or 5.88% of its portfolio. A6 Edgepoint Investment Group Inc have 5.85% of its portfolio for 5165811 shares. Further, Altarock Partners Llc reported stake worth 7.60% of its portfolio. The PA Mycio Wealth Partners Llc owns 739289 shares. Westinghouse Air Brake Technologies Corp is 6.34% of its portfolio.

SEC Form 13D.

Analysts await Westinghouse Air Brake Technologies Corporation (NYSE:WAB) to report earnings on July, 24. They expect $0.94 EPS, up 17.50 % or $0.14 from last year’s $0.8 per share. WAB’s profit will be $90.50M for 25.80 P/E if the $0.94 EPS becomes a reality. After $0.92 actual EPS reported by Westinghouse Air Brake Technologies Corporation for the previous quarter, Wall Street now forecasts 2.17 % EPS growth.

The stock increased 0.35% or $0.34 during the last trading session, reaching $97. About 451,575 shares traded. Westinghouse Air Brake Technologies Corporation (NYSE:WAB) has risen 7.58% since May 25, 2017 and is uptrending. It has underperformed by 3.97% the S&P500.

Westinghouse Air Brake Technologies Corporation, doing business as Wabtec Corporation, provides technology equipment and services for the freight rail and passenger transit vehicle industries worldwide. The company has market cap of $9.34 billion. It operates in two divisions, Freight and Transit. It has a 35.66 P/E ratio. The Freight segment makes and services components for new and existing locomotive and freight cars; supplies railway electronics and positive train control equipment; offers signal design and engineering services; manufactures switcher locomotives; rebuilds freight locomotives; and provides heat exchangers and cooling systems for rail and other industrial markets.

Westinghouse Air Brake Technologies Corporation (NYSE:WAB) Ratings Coverage

Among 9 analysts covering Westinghouse Air (NYSE:WAB), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. Westinghouse Air has $106 highest and $68.0 lowest target. $94’s average target is -3.09% below currents $97 stock price. Westinghouse Air had 15 analyst reports since December 13, 2017 according to SRatingsIntel. Cowen & Co initiated Westinghouse Air Brake Technologies Corporation (NYSE:WAB) on Wednesday, December 13 with “Buy” rating. The company was maintained on Wednesday, April 25 by Seaport Global. Wells Fargo maintained the stock with “Market Perform” rating in Wednesday, February 21 report. The rating was downgraded by Wellington Shields to “Hold” on Wednesday, May 16. The stock of Westinghouse Air Brake Technologies Corporation (NYSE:WAB) has “Buy” rating given on Friday, February 16 by Wolfe Research. The rating was maintained by Wells Fargo on Wednesday, April 25 with “Buy”. The rating was maintained by KeyBanc Capital Markets with “Overweight” on Tuesday, May 8. Stifel Nicolaus maintained Westinghouse Air Brake Technologies Corporation (NYSE:WAB) on Friday, February 9 with “Hold” rating. The rating was maintained by Stifel Nicolaus with “Buy” on Tuesday, May 8. Stifel Nicolaus maintained Westinghouse Air Brake Technologies Corporation (NYSE:WAB) on Friday, February 2 with “Hold” rating.

More notable recent Westinghouse Air Brake Technologies Corporation (NYSE:WAB) news were published by: Nasdaq.com which released: “4 Blue-Chip Stocks Rallying on a US-China Trade Deal” on May 22, 2018, also Finance.Yahoo.com with their article: “Tuesday’s Vital Data: General Electric Company (GE), Micron Technology, Inc. (MU) and Chesapeake Energy …” published on May 22, 2018, Streetinsider.com published: “Wall St. rises on trade war truce; industrials lead” on May 21, 2018. More interesting news about Westinghouse Air Brake Technologies Corporation (NYSE:WAB) were released by: Streetinsider.com and their article: “GE cannot guarantee dividend, still fixing some units, CEO says” published on May 23, 2018 as well as Nasdaq.com‘s news article titled: “Mid-Day Market Update: Dow Up 300 Points; SenesTech Shares Spike Higher” with publication date: May 21, 2018.

Westinghouse Air Brake Technologies Corporation (NYSE:WAB) Institutional Positions Chart

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