Towle & Co Has Lowered Navistar Intl (NAV) Position by $41.63 Million; Valuation Declined; Morgan Dempsey Capital Management Position In Six Flags Operations (SIX) Was Has Increased

January 10, 2018 - By Clifton Ray

Towle & Co decreased its stake in Navistar Intl Corp (NAV) by 99.3% based on its latest 2017Q3 regulatory filing with the SEC. Towle & Co sold 946,204 shares as the company’s stock declined 4.74% while stock markets rallied. The institutional investor held 6,640 shares of the auto manufacturing company at the end of 2017Q3, valued at $293,000, down from 952,844 at the end of the previous reported quarter. Towle & Co who had been investing in Navistar Intl Corp for a number of months, seems to be less bullish one the $4.31 billion market cap company. The stock decreased 0.14% or $0.06 during the last trading session, reaching $43.8. About 37,144 shares traded. Navistar International Corporation (NYSE:NAV) has risen 142.96% since January 10, 2017 and is uptrending. It has outperformed by 126.26% the S&P500.

Morgan Dempsey Capital Management Llc increased its stake in Six Flags Operations Inc. (SIX) by 5.48% based on its latest 2017Q3 regulatory filing with the SEC. Morgan Dempsey Capital Management Llc bought 6,497 shares as the company’s stock declined 0.34% while stock markets rallied. The hedge fund held 125,025 shares of the services-misc. amusement & recreation company at the end of 2017Q3, valued at $7.62M, up from 118,528 at the end of the previous reported quarter. Morgan Dempsey Capital Management Llc who had been investing in Six Flags Operations Inc. for a number of months, seems to be bullish on the $5.43 billion market cap company. The stock decreased 1.56% or $1.03 during the last trading session, reaching $64.86. About 32,060 shares traded. Six Flags Entertainment Corporation (NYSE:SIX) has risen 5.91% since January 10, 2017 and is uptrending. It has underperformed by 10.79% the S&P500.




Among 20 analysts covering Navistar International Corporation (NYSE:NAV), 5 have Buy rating, 2 Sell and 13 Hold. Therefore 25% are positive. Navistar International Corporation had 71 analyst reports since July 27, 2015 according to SRatingsIntel. The stock of Navistar International Corporation (NYSE:NAV) earned “Buy” rating by Jefferies on Thursday, October 5. Barclays Capital initiated Navistar International Corporation (NYSE:NAV) rating on Friday, September 25. Barclays Capital has “Underweight” rating and $9 target. Deutsche Bank maintained the stock with “Hold” rating in Sunday, September 6 report. The stock of Navistar International Corporation (NYSE:NAV) has “Neutral” rating given on Thursday, April 6 by Seaport Global. The stock of Navistar International Corporation (NYSE:NAV) has “Hold” rating given on Thursday, November 2 by Stifel Nicolaus. The firm earned “Neutral” rating on Thursday, September 3 by DA Davidson. The company was downgraded on Tuesday, September 6 by Macquarie Research. On Friday, December 18 the stock rating was upgraded by JP Morgan to “Neutral”. The firm has “Hold” rating given on Thursday, September 7 by Deutsche Bank. The firm has “Buy” rating given on Wednesday, June 7 by Aegis Capital.

Towle & Co, which manages about $544.94M and $940.06 million US Long portfolio, upped its stake in Tutor Perini Corporation (NYSE:TPC) by 35,135 shares to 913,610 shares, valued at $25.95 million in 2017Q3, according to the filing. It also increased its holding in Fiat Chrysler Automobiles by 128,043 shares in the quarter, for a total of 3.10 million shares, and has risen its stake in Unisys Corporation (NYSE:UIS).

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: