$-0.19 EPS Expected for Bitauto Holdings Limited (BITA); Redwood Investments Upped By $2.97 Million Its Kennametal (KMT) Holding

June 12, 2018 - By Adrian Mccoy

Kennametal Inc. (NYSE:KMT) Logo

Redwood Investments Llc increased Kennametal Inc (KMT) stake by 18.28% reported in 2018Q1 SEC filing. Redwood Investments Llc acquired 74,271 shares as Kennametal Inc (KMT)’s stock declined 12.49%. The Redwood Investments Llc holds 480,663 shares with $19.30M value, up from 406,392 last quarter. Kennametal Inc now has $3.18 billion valuation. The stock increased 0.39% or $0.15 during the last trading session, reaching $38.93. About 357,155 shares traded. Kennametal Inc. (NYSE:KMT) has declined 0.13% since June 12, 2017 and is downtrending. It has underperformed by 12.70% the S&P500. Some Historical KMT News: ; 02/05/2018 – KENNAMETAL SEES FY ADJ EPS $2.55 TO $2.65, SAW $2.40 TO $2.70; 10/05/2018 – KENNAMETAL INDIA LTD KENI.BO – DECLARED INTERIM DIVIDEND OF 2 RUPEES PER SHARE; 30/05/2018 – Kennametal Presenting at KeyCorp Conference Tomorrow; 12/05/2018 – BSE Mumbai Bourse: Results from Kennametal India for Jan 01 to Mar 31; 02/05/2018 – KENNAMETAL SEES FY ADJ EPS $2.55 TO $2.65; 01/04/2018 – Mumbai Bourse: Press Release From Kennametal India Ltd; 23/04/2018 – DJ Kennametal Inc, Inst Holders, 1Q 2018 (KMT); 26/04/2018 – Kennametal to Attend Wells Fargo Industrials Conference on May 9, 2018; 08/05/2018 – Kennametal at Wells Fargo Industrials Conference Tomorrow; 16/03/2018 – Kennametal May Benefit, Industry Posts 15th Consecutive Gain

Analysts expect Bitauto Holdings Limited (NYSE:BITA) to report $-0.19 EPS on June, 13 before the open.They anticipate $0.20 EPS change or 2,000.00% from last quarter’s $0.01 EPS. After having $-1.52 EPS previously, Bitauto Holdings Limited’s analysts see -87.50% EPS growth. The stock increased 1.68% or $0.43 during the last trading session, reaching $26.09. About 661,751 shares traded. Bitauto Holdings Limited (NYSE:BITA) has declined 23.40% since June 12, 2017 and is downtrending. It has underperformed by 35.97% the S&P500. Some Historical BITA News: ; 30/04/2018 – Bitauto Files Annual Report on Form 20-F; 15/03/2018 – BITAUTO HOLDINGS LTD – QTRLY NON-GAAP NET INCOME PER ADS RMB0.72 ($0.11); 08/05/2018 – Cantillon Adds Facebook, Cuts Bitauto, Buys More SS&C: 13F; 15/03/2018 – BITAUTO NAMES XIAOKE LIU COO; 15/03/2018 – CORRECT: BITAUTO SEES 1Q REV. $301.8M TO $309.5M; 15/03/2018 BITAUTO 4Q REV. $413.5M, EST. $384.0M; 19/03/2018 – BITAUTO HOLDINGS LTD BITA.N : CREDIT SUISSE INITIATES WITH OUTPERFORM, $38 TARGET PRICE; 19/03/2018 – Bitauto Board of Directors Approves $150 Million Share Repurchase Program; 15/03/2018 – BITAUTO SEES 1Q REV. $301.8M TO $309.5M, EST. $338.2M; 15/03/2018 – BITAUTO 4Q ADJ EARNINGS PER ADS 11C

More news for Bitauto Holdings Limited (NYSE:BITA) were recently published by: Fool.com, which released: “3 Monster Stocks in the Making” on June 09, 2018. Globenewswire.com‘s article titled: “Factors of Influence in 2018, Key Indicators and Opportunity within Eldorado Gold, Lamar Advertising, Bitauto …” and published on June 07, 2018 is yet another important article.

Bitauto Holdings Limited provides Internet content and marketing, and transaction services for the automotive industry in the People's Republic of China. The company has market cap of $1.86 billion. The firm operates in three divisions: Advertising and Subscription Business, Transaction Services Business, and Digital Marketing Solutions Business. It currently has negative earnings. The Advertising and Subscription Business segment provides advertising services, including new automobile pricing and promotional information, specifications, reviews, and consumer feedback to automakers through its bitauto.com and taoche.com Websites, as well as mobile applications.

Among 9 analysts covering Bitauto Holdings (NYSE:BITA), 7 have Buy rating, 2 Sell and 0 Hold. Therefore 78% are positive. Bitauto Holdings has $46 highest and $20 lowest target. $36.20’s average target is 38.75% above currents $26.09 stock price. Bitauto Holdings had 17 analyst reports since October 29, 2015 according to SRatingsIntel. The rating was upgraded by Credit Agricole to “Buy” on Monday, February 22. The firm has “Overweight” rating given on Monday, March 19 by JP Morgan. HSBC initiated Bitauto Holdings Limited (NYSE:BITA) on Wednesday, January 27 with “Buy” rating. The rating was downgraded by CLSA on Thursday, May 3 to “Sell”. The stock of Bitauto Holdings Limited (NYSE:BITA) earned “Buy” rating by Citigroup on Tuesday, January 2. The firm has “Outperform” rating by Credit Suisse given on Wednesday, March 9. The firm has “Buy” rating given on Monday, February 22 by CLSA. The stock of Bitauto Holdings Limited (NYSE:BITA) earned “Underperform” rating by CLSA on Tuesday, November 10. The stock of Bitauto Holdings Limited (NYSE:BITA) has “Buy” rating given on Thursday, October 29 by Citigroup. The stock of Bitauto Holdings Limited (NYSE:BITA) has “Overweight” rating given on Wednesday, August 31 by JP Morgan.

Redwood Investments Llc decreased Visteon Corp (NYSE:VC) stake by 25,508 shares to 12,146 valued at $1.34M in 2018Q1. It also reduced Burlington Stores Inc (NYSE:BURL) stake by 11,034 shares and now owns 85,409 shares. Unitedhealth Group Inc (NYSE:UNH) was reduced too.

Investors sentiment decreased to 1.01 in Q1 2018. Its down 0.13, from 1.14 in 2017Q4. It worsened, as 26 investors sold KMT shares while 84 reduced holdings. 39 funds opened positions while 72 raised stakes. 80.09 million shares or 3.27% more from 77.55 million shares in 2017Q4 were reported. Ny State Teachers Retirement System holds 0.01% or 126,198 shares in its portfolio. Redwood Invests Limited Liability Company invested in 1.42% or 480,663 shares. State Of Wisconsin Board, a Wisconsin-based fund reported 188,000 shares. Walleye Trading Ltd Llc stated it has 40,064 shares. Barrow Hanley Mewhinney And Strauss Limited Com invested in 135,357 shares. Retirement Of Alabama holds 0.02% or 105,500 shares in its portfolio. Koch Inc stated it has 0.02% of its portfolio in Kennametal Inc. (NYSE:KMT). Ubs Asset Management Americas has invested 0% of its portfolio in Kennametal Inc. (NYSE:KMT). Pub Employees Retirement Systems Of Ohio holds 0% or 5,448 shares in its portfolio. Prudential Public Ltd Liability Com, Illinois-based fund reported 950,400 shares. Victory Cap Mgmt Inc holds 0.19% or 2.12 million shares in its portfolio. Ameriprise reported 1.05M shares stake. Regions Corp accumulated 3,000 shares. Huntington Bancshares invested 0% in Kennametal Inc. (NYSE:KMT). Oakbrook Invs Lc reported 0.02% stake.

More important recent Kennametal Inc. (NYSE:KMT) news were published by: Prnewswire.com which released: “Kennametal Executive Judith Bacchus Appointed To Universal Stainless Board Of Directors” on June 11, 2018, also Seekingalpha.com published article titled: “Highlights from Appaloosa’s Q1”, Prnewswire.com published: “Kennametal Completes $300000000 Offering Of Senior Notes And Announces Redemption Of Senior Notes Due …” on June 07, 2018. More interesting news about Kennametal Inc. (NYSE:KMT) was released by: Nasdaq.com and their article: “Research Report Identifies Floor & Decor, CommVault, Kennametal, SendGrid, Quality Care Properties, and The …” with publication date: May 23, 2018.

Kennametal Inc. (NYSE:KMT) Institutional Positions Chart

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