Transportadora de Gas Del Sur S.A. (TGS) Trades at $21.08 After Triangle; Private Capital Management Decreased Its Stoneridge (SRI) Position

Stoneridge, Inc. (NYSE:SRI) Logo

Private Capital Management Llc decreased Stoneridge Inc. (SRI) stake by 5.83% reported in 2017Q4 SEC filing. Private Capital Management Llc sold 28,725 shares as Stoneridge Inc. (SRI)’s stock rose 14.57%. The Private Capital Management Llc holds 463,783 shares with $10.60M value, down from 492,508 last quarter. Stoneridge Inc. now has $790.16 million valuation. The stock increased 0.72% or $0.2 during the last trading session, reaching $28.04. About 734,879 shares traded or 236.27% up from the average. Stoneridge, Inc. (NYSE:SRI) has risen 51.86% since April 4, 2017 and is uptrending. It has outperformed by 40.31% the S&P500.

Transportadora de Gas Del Sur S.A. (TGS) formed triangle with $22.34 target or 6.00% above today’s $21.08 share price. Transportadora de Gas Del Sur S.A. (TGS) has $3.37B valuation. The stock increased 5.56% or $1.11 during the last trading session, reaching $21.08. About 225,277 shares traded or 11.21% up from the average. Transportadora de Gas Del Sur S.A. (NYSE:TGS) has risen 43.31% since April 4, 2017 and is uptrending. It has outperformed by 31.76% the S&P500.

Private Capital Management Llc increased Universal Health Services Inc (NYSE:UHS) stake by 38,263 shares to 155,843 valued at $17.67 million in 2017Q4. It also upped First Northwest Bancorp stake by 80,319 shares and now owns 287,958 shares. Spartannash Co. (NASDAQ:SPTN) was raised too.

Among 6 analysts covering Stoneridge (NYSE:SRI), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Stoneridge had 11 analyst reports since July 31, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, July 31 by B. Riley & Co. The firm has “Hold” rating given on Thursday, January 4 by FBR Capital. The stock of Stoneridge, Inc. (NYSE:SRI) earned “Buy” rating by BB&T Capital on Monday, September 28. KeyBanc Capital Markets maintained Stoneridge, Inc. (NYSE:SRI) on Friday, November 17 with “Hold” rating. The firm has “Neutral” rating by Sidoti given on Tuesday, May 31. The rating was maintained by B. Riley & Co with “Buy” on Tuesday, March 6. The stock of Stoneridge, Inc. (NYSE:SRI) has “Hold” rating given on Thursday, October 12 by KeyBanc Capital Markets. The firm earned “Hold” rating on Thursday, March 1 by FBR Capital. Stephens upgraded the stock to “Overweight” rating in Tuesday, March 20 report.

Analysts await Stoneridge, Inc. (NYSE:SRI) to report earnings on May, 2. They expect $0.50 EPS, up 31.58% or $0.12 from last year’s $0.38 per share. SRI’s profit will be $14.09 million for 14.02 P/E if the $0.50 EPS becomes a reality. After $0.42 actual EPS reported by Stoneridge, Inc. for the previous quarter, Wall Street now forecasts 19.05% EPS growth.

Stoneridge, Inc. (NYSE:SRI) Institutional Positions Chart