Victory Capital Management Inc. now owns 1,047,537 shares of the company's stock valued at $37,817,000 after purchasing an additional 296,340 shares during the last quarter. Harris Associates LP who had been investing in Citigroup Inc for a number of months, seems to be bullish on the $199.38 billion market cap company. The stock traded with the volume of 3.78 Million shares yesterday. Netflix, Inc. (NASDAQ:NFLX) has risen 75.34% since January 9, 2017 and is uptrending. It has outperformed by 0.56% the S&P500.
Sound Shore Management Inc increased its stake in The Goodyear Tire And Rubber Co (GT) by 38.74% based on its latest 2017Q3 regulatory filing with the SEC.
Equities research analysts at KeyCorp issued their FY2017 earnings per share (EPS) estimates for shares of Cooper Tire & Rubber in a research report issued on Tuesday. Vanguard Group Inc. increased its position in shares of Cooper Tire & Rubber by 0.5% in the 2nd quarter. The corporation has a market cap of US$8.28 Billion.
The Stock surged0.8% and closed its last trading session at $32.84. About 3.79M shares traded or 27.01% up from the average. Goodyear Tire & Rubr Co now has $8.09B valuation. It has outperformed by 0.56% the S&P500. Wall Street is only getting more bullish on the stock, with 3 of analysts who cover CTB having a buy-equivalent rating. Therefore 58% are positive.
The 10 analysts offering 12-month price forecasts for Goodyear Tire & Rubber Co have a median target of 36.50, with a high estimate of 43.00 and a low estimate of 26.00. The firm has "Hold" rating given on Wednesday, October 28 by Standpoint Research. The stock of Cooper Tire & Rubber Company (NYSE:CTB) earned "Neutral" rating by JP Morgan on Monday, May 2. Jefferies maintained the stock with "Hold" rating in Tuesday, October 31 report. Cibc World Markets Incorporated has 12,309 shares for 0% of their portfolio. (NYSE:C) earned "Buy" rating by Renaissance Macro Securities LLC on Sunday, July 16. Russell Investments Group Ltd. now owns 522,894 shares of the company's stock valued at $19,556,000 after buying an additional 479,671 shares in the last quarter. Jefferies maintained it with "Hold" rating and $165.0 target in Monday, September 25 report. However, there are also other important factors we haven't considered today, which can help crystalize your views on Cooper Tire & Rubber should the price fluctuate below its true value. GT's profit will be $179.81M for 11.25 P/E if the $0.73 EPS becomes a reality.
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More notable recent Cooper Tire & Rubber Company (NYSE:CTB) news were published by: Businesswire.com which released: "Cooper Tire Wins Two Global 2017 GOOD DESIGN" on December 20, 2017, also Businesswire.com with their article: "Cooper Tire & Rubber Company to Release Third Quarter 2017 Financial Results ..." published on October 09, 2017, Seekingalpha.com published: "Cooper Tire & Rubber (CTB) Q3 2017 Results - Earnings Call Transcript" on October 30, 2017.
Investors sentiment decreased to 1.04 in Q3 2017. Moving toward ratio analysis, it has current ratio of 1.40 and quick ratio was calculated as 0.80. It dived, as 35 investors sold CTB shares while 76 reduced holdings.
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Lsv Asset Mngmt reported 2.51M shares or 0.15% of all its holdings. Old Mutual Customised Solutions (Proprietary) Limited owns 0.04% invested in The Goodyear Tire & Rubber Company (NASDAQ:GT) for 9,100 shares. Stockholders of record on Friday, December 1st will be given a dividend of $0.105 per share.
A number of large investors have recently made changes to their positions in CTB. Parametric Ltd Llc invested in 1.18 million shares or 0.04% of the stock.
Analysts await The Goodyear Tire & Rubber Company (NASDAQ:GT) to report earnings on February, 14. Cooper Tire & Rubber Co. shares are now trading up about 0.8% on the day. The correct version of this piece can be accessed at https://stocknewstimes.com/2018/01/06/wells-fargo-company-mn-reduces-stake-in-the-goodyear-tire-rubber-company-gt.html. California State Teachers Retirement holds 0.03% of its portfolio in The Goodyear Tire & Rubber Company (NASDAQ:GT) for 432,234 shares. Susquehanna Interest Gp Ltd Liability Partnership stated it has 227,461 shares or 0% of all its holdings. Meeder Asset Mgmt reported 24,943 shares or 0.09% of all its holdings. M&T Natl Bank stated it has 0.03% in Netflix, Inc. Brown Brothers Harriman owns 1,348 shares. American Beacon Advisors Inc sold 50 shares as the company's stock rose 10.41% with the market. Shares for $344,870 were sold by WALSH JEFFREY R. A 7 analysts rate it as either a buy or a strong buy, while 0 believe that investors should either steer clear of (NASDAQ:GT) or, if they already own its stock, sell it. Therefore 70% are positive. Brookfield Infrastructure Partners had 33 analyst reports since August 6, 2015 according to SRatingsIntel. On Friday, July 28 the stock rating was downgraded by Deutsche Bank to "Hold".