Hyster-Yale Materials Handling, Inc. (HY) Forms $75.90 Double Top; Wynnefield Capital Has Increased By $404,740 Its Libbey (LBY) Position

Hyster-Yale Materials Handling, Inc. (NYSE:HY) Logo

Wynnefield Capital Inc increased Libbey Inc (LBY) stake by 15.54% reported in 2017Q4 SEC filing. Wynnefield Capital Inc acquired 57,820 shares as Libbey Inc (LBY)’s stock declined 19.64%. The Wynnefield Capital Inc holds 430,000 shares with $3.23M value, up from 372,180 last quarter. Libbey Inc now has $122.48 million valuation. The stock decreased 0.89% or $0.05 during the last trading session, reaching $5.56. About 155,789 shares traded. Libbey Inc. (NYSEMKT:LBY) has declined 62.12% since April 22, 2017 and is downtrending. It has underperformed by 73.67% the S&P500.

Hyster-Yale Materials Handling, Inc. (HY) formed double top with $79.70 target or 5.00% above today’s $75.90 share price. Hyster-Yale Materials Handling, Inc. (HY) has $1.26 billion valuation. The stock decreased 1.42% or $1.09 during the last trading session, reaching $75.9. About 26,296 shares traded. Hyster-Yale Materials Handling, Inc. (NYSE:HY) has risen 24.99% since April 22, 2017 and is uptrending. It has outperformed by 13.44% the S&P500.

Since December 12, 2017, it had 0 insider purchases, and 2 insider sales for $158,905 activity. 854 shares were sold by TAPLIN THEODORE D, worth $59,482. $99,423 worth of Hyster-Yale Materials Handling, Inc. (NYSE:HY) shares were sold by TAPLIN FRANK F.

Investors sentiment decreased to 1.35 in Q4 2017. Its down 0.68, from 2.03 in 2017Q3. It turned negative, as 16 investors sold Hyster-Yale Materials Handling, Inc. shares while 38 reduced holdings. 22 funds opened positions while 51 raised stakes. 8.83 million shares or 1.68% more from 8.69 million shares in 2017Q3 were reported. Foundry Prtnrs Limited holds 0.43% of its portfolio in Hyster-Yale Materials Handling, Inc. (NYSE:HY) for 120,101 shares. 6,000 are owned by Neuberger Berman Gru Ltd Liability. Tributary Mgmt Ltd holds 17,200 shares. Synovus Corp holds 0.02% or 12,219 shares. Fisher Asset Mngmt Ltd Co invested in 0.01% or 60,894 shares. Curbstone Financial Mngmt stated it has 30,970 shares or 1.46% of all its holdings. First Advsr Lp holds 0% or 16,492 shares. Winslow Asset Mgmt Inc holds 1.63% or 104,033 shares in its portfolio. Argent Cap Limited invested in 0.13% or 43,685 shares. Alliancebernstein Ltd Partnership has invested 0% in Hyster-Yale Materials Handling, Inc. (NYSE:HY). Hsbc Plc reported 2,740 shares or 0% of all its holdings. Grantham Mayo Van Otterloo And Lc accumulated 0% or 8,428 shares. Ahl Partners Llp reported 0.01% stake. Qv Invsts has 330,617 shares. Barclays Public Limited Com owns 2,685 shares.

Analysts await Hyster-Yale Materials Handling, Inc. (NYSE:HY) to report earnings on May, 1. They expect $0.91 earnings per share, down 17.27% or $0.19 from last year’s $1.1 per share. HY’s profit will be $15.06M for 20.85 P/E if the $0.91 EPS becomes a reality. After $0.97 actual earnings per share reported by Hyster-Yale Materials Handling, Inc. for the previous quarter, Wall Street now forecasts -6.19% negative EPS growth.

Among 4 analysts covering Hyster-Yale Materials Handling (NYSE:HY), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. Hyster-Yale Materials Handling had 9 analyst reports since March 17, 2016 according to SRatingsIntel. The firm earned “Neutral” rating on Friday, March 2 by Robert W. Baird. The rating was downgraded by Seaport Global to “Sell” on Monday, November 6. The company was downgraded on Wednesday, June 7 by Sidoti. On Tuesday, January 23 the stock rating was upgraded by Seaport Global to “Hold”. Berenberg initiated the stock with “Hold” rating in Thursday, March 17 report. The stock of Hyster-Yale Materials Handling, Inc. (NYSE:HY) has “Neutral” rating given on Thursday, April 20 by Seaport Global. The stock of Hyster-Yale Materials Handling, Inc. (NYSE:HY) has “Buy” rating given on Friday, September 23 by Sidoti. Sidoti downgraded the shares of HY in report on Friday, October 13 to “Neutral” rating. The rating was upgraded by Sidoti on Tuesday, August 8 to “Buy”.

Investors sentiment decreased to 0.95 in Q4 2017. Its down 0.02, from 0.97 in 2017Q3. It dived, as 13 investors sold LBY shares while 28 reduced holdings. 13 funds opened positions while 26 raised stakes. 16.90 million shares or 1.98% less from 17.24 million shares in 2017Q3 were reported. Bnp Paribas Arbitrage accumulated 7,540 shares or 0% of the stock. Macquarie Ltd invested in 24,637 shares or 0% of the stock. Jacobs Levy Equity Mgmt has 0% invested in Libbey Inc. (NYSEAMERICAN:LBY). California State Teachers Retirement System holds 0% or 34,832 shares. Spitfire Capital Limited Liability accumulated 881,737 shares or 2.93% of the stock. Credit Suisse Ag reported 0% of its portfolio in Libbey Inc. (NYSEAMERICAN:LBY). California Pub Employees Retirement System has 0% invested in Libbey Inc. (NYSEAMERICAN:LBY). Invesco Ltd accumulated 75,470 shares. Hightower Advsr Lc has invested 0% in Libbey Inc. (NYSEAMERICAN:LBY). Wynnefield Cap owns 430,000 shares for 1.12% of their portfolio. Ameriprise reported 0% of its portfolio in Libbey Inc. (NYSEAMERICAN:LBY). Ancora Advsrs Ltd Limited Liability Company holds 33,623 shares. Tocqueville Asset Mgmt Limited Partnership has 0.01% invested in Libbey Inc. (NYSEAMERICAN:LBY) for 150,100 shares. Goldman Sachs Gru Inc invested in 28,423 shares. Blackrock accumulated 0% or 1.26M shares.

Hyster-Yale Materials Handling, Inc. (NYSE:HY) Institutional Positions Chart