Westport Fuel Systems (USA) (WPRT) Reaches $3.79 After 5.00% Down Move; Crestpoint Capital Management Trimmed Centerpoint Engy (CNP) Holding By $1.80 Million

October 12, 2017 - By Migdalia James

Crestpoint Capital Management Llc decreased Centerpoint Engy (CNP) stake by 64.1% reported in 2017Q2 SEC filing. Crestpoint Capital Management Llc sold 66,600 shares as Centerpoint Engy (CNP)’s stock rose 3.66%. The Crestpoint Capital Management Llc holds 37,300 shares with $1.02 million value, down from 103,900 last quarter. Centerpoint Engy now has $12.70B valuation. The stock rose 0.85% or $0.25 reaching $29.56. About 626,996 shares traded. CenterPoint Energy, Inc. (NYSE:CNP) has risen 25.54% since October 12, 2016 and is uptrending. It has outperformed by 8.84% the S&P500.

The stock of Westport Fuel Systems Inc (USA) (NASDAQ:WPRT) is a huge mover today! About 571,354 shares traded. Westport Fuel Systems Inc (USA) (NASDAQ:WPRT) has declined 16.22% since October 12, 2016 and is downtrending. It has underperformed by 32.92% the S&P500.The move comes after 9 months negative chart setup for the $502.72 million company. It was reported on Oct, 12 by Barchart.com. We have $3.60 PT which if reached, will make NASDAQ:WPRT worth $25.14 million less.




Investors sentiment decreased to 1.09 in Q2 2017. Its down 0.14, from 1.23 in 2017Q1. It dived, as 10 investors sold Westport Fuel Systems Inc (USA) shares while 12 reduced holdings. 11 funds opened positions while 13 raised stakes. 11.56 million shares or 3.09% less from 11.93 million shares in 2017Q1 were reported. Manufacturers Life The holds 0% or 4,208 shares. 21,991 were accumulated by Raymond James Financial. Two Sigma Securities Ltd Limited Liability Company has 23,057 shares for 0.01% of their portfolio. Tradewinds Llc holds 0% or 1,000 shares. Sii Invests Wi has 0% invested in Westport Fuel Systems Inc (USA) (NASDAQ:WPRT). Us Retail Bank De reported 250,500 shares. Price T Rowe Associate Incorporated Md accumulated 1.87 million shares or 0% of the stock. The New York-based Tower Rech Capital Limited Liability Company (Trc) has invested 0% in Westport Fuel Systems Inc (USA) (NASDAQ:WPRT). Northern Tru reported 68,774 shares. Pnc Fincl Service Grp Inc has 8,200 shares. Financial Bank Of Montreal Can holds 171 shares. Grace White Inc Ny reported 1.62M shares or 0.83% of all its holdings. Fifth Third State Bank stated it has 0% of its portfolio in Westport Fuel Systems Inc (USA) (NASDAQ:WPRT). Moreover, Citadel Advisors Ltd Liability Corporation has 0% invested in Westport Fuel Systems Inc (USA) (NASDAQ:WPRT) for 49,505 shares. Glenmede Com Na, Pennsylvania-based fund reported 20,000 shares.

Among 6 analysts covering Westport Innovations (NASDAQ:WPRT), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Westport Innovations had 11 analyst reports since July 30, 2015 according to SRatingsIntel. H.C. Wainwright maintained Westport Fuel Systems Inc (USA) (NASDAQ:WPRT) on Tuesday, August 15 with “Buy” rating. The stock of Westport Fuel Systems Inc (USA) (NASDAQ:WPRT) has “Hold” rating given on Monday, September 18 by Cowen & Co. The stock has “Hold” rating by Cowen & Co on Thursday, July 13. Rodman & Renshaw initiated the shares of WPRT in report on Monday, June 20 with “Buy” rating. The firm has “Buy” rating by Oppenheimer given on Wednesday, August 16. RBC Capital Markets maintained Westport Fuel Systems Inc (USA) (NASDAQ:WPRT) on Wednesday, November 11 with “Sector Perform” rating. Cowen & Co maintained Westport Fuel Systems Inc (USA) (NASDAQ:WPRT) on Monday, August 14 with “Hold” rating. RBC Capital Markets maintained the stock with “Sector Perform” rating in Thursday, July 30 report.

Westport Fuel Systems Inc, formerly Westport Innovations Inc, is a Canada well-known provider of low-emission engine and fuel system technologies utilizing gaseous fuels. The company has market cap of $502.72 million. It operates through the Westport Operations segment. It currently has negative earnings. The Westport Operations segment designs, makes and sells compressed natural gas, liquefied natural gas, and liquefied petroleum gas components and systems to original equipment manufacturers and to aftermarket customers.

Analysts await Westport Fuel Systems Inc (USA) (NASDAQ:WPRT) to report earnings on November, 8. They expect $-0.14 EPS, 0.00% or $0.00 from last year’s $-0.14 per share. After $-0.12 actual EPS reported by Westport Fuel Systems Inc (USA) for the previous quarter, Wall Street now forecasts 16.67% negative EPS growth.

Investors sentiment decreased to 1.08 in 2017 Q2. Its down 0.11, from 1.19 in 2017Q1. It dropped, as 37 investors sold CNP shares while 160 reduced holdings. 58 funds opened positions while 155 raised stakes. 324.57 million shares or 1.35% less from 329.00 million shares in 2017Q1 were reported. Fifth Third National Bank & Trust owns 429 shares or 0% of their US portfolio. Citigroup stated it has 119,404 shares. Schwab Charles Invest Mngmt, a California-based fund reported 4.44M shares. Acadian Asset Mgmt Ltd Com holds 0.04% or 340,285 shares in its portfolio. Martingale Asset Mngmt LP reported 0.52% of its portfolio in CenterPoint Energy, Inc. (NYSE:CNP). Cwm Lc holds 0% or 254 shares. The Connecticut-based Massmutual Trust Fsb Adv has invested 0% in CenterPoint Energy, Inc. (NYSE:CNP). Pension Ser owns 431,011 shares or 0.07% of their US portfolio. National Bank Of Ny Mellon has invested 0.05% in CenterPoint Energy, Inc. (NYSE:CNP). 300,000 are held by Crow Point Ltd Limited Liability Company. Canada Pension Plan Inv Board has invested 0.11% in CenterPoint Energy, Inc. (NYSE:CNP). Renaissance Technology Ltd Limited Liability Company reported 0.11% of its portfolio in CenterPoint Energy, Inc. (NYSE:CNP). Transamerica Fincl Inc owns 25,318 shares or 0.09% of their US portfolio. X Mgmt Lc has 23,838 shares for 0.02% of their portfolio. State Of Wisconsin Invest Board stated it has 334,391 shares or 0.03% of all its holdings.

Analysts await CenterPoint Energy, Inc. (NYSE:CNP) to report earnings on November, 3 before the open. They expect $0.41 earnings per share, 0.00% or $0.00 from last year’s $0.41 per share. CNP’s profit will be $176.15M for 18.02 P/E if the $0.41 EPS becomes a reality. After $0.29 actual earnings per share reported by CenterPoint Energy, Inc. for the previous quarter, Wall Street now forecasts 41.38% EPS growth.

Among 11 analysts covering CenterPoint (NYSE:CNP), 1 have Buy rating, 0 Sell and 10 Hold. Therefore 9% are positive. CenterPoint had 24 analyst reports since August 11, 2015 according to SRatingsIntel. On Sunday, September 10 the stock rating was maintained by RBC Capital Markets with “Hold”. The firm has “Neutral” rating given on Monday, September 26 by SunTrust. The stock has “Neutral” rating by JP Morgan on Thursday, June 29. As per Monday, March 7, the company rating was maintained by SunTrust. The company was upgraded on Monday, August 14 by Credit Suisse. The stock of CenterPoint Energy, Inc. (NYSE:CNP) has “Hold” rating given on Tuesday, August 11 by Deutsche Bank. As per Friday, November 6, the company rating was maintained by Macquarie Research. SunTrust downgraded the stock to “Neutral” rating in Monday, January 11 report. The firm has “Buy” rating given on Tuesday, January 12 by Argus Research. As per Friday, November 6, the company rating was maintained by Deutsche Bank.

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