Vandad Fartaj Sold 456 Shares of PennyMac Mortgage Investment Trust (PMT); Park Ohio Holdings Has 1.12 Sentiment

Sentiment for Park Ohio Holdings Corp (PKOH)

Park Ohio Holdings Corp (PKOH) investors sentiment decreased to 1.12 in 2017 Q4. It’s down -0.14, from 1.26 in 2017Q3. The ratio has dropped, as 46 hedge funds increased or started new stock positions, while 41 reduced and sold their equity positions in Park Ohio Holdings Corp. The hedge funds in our database now have: 6.93 million shares, down from 6.94 million shares in 2017Q3. Also, the number of hedge funds holding Park Ohio Holdings Corp in top ten stock positions was flat from 0 to 0 for the same number . Sold All: 8 Reduced: 33 Increased: 32 New Position: 14.

Park-Ohio Holdings Corp., through its subsidiaries, provides supply chain management outsourcing services, capital equipment, and manufactured components in the United States, Asia, Europe, Canada, Mexico, and internationally. The company has market cap of $465.74 million. The companyÂ’s Supply Technologies segment offers Total Supply Management services, including engineering and design support, part usage and cost analysis, supplier selection, quality assurance, bar coding, product packaging and tracking, just-in-time and point-of-use delivery, electronic billing, and technical support services, as well as provides spare parts and aftermarket products; and sources, plans, and procures production components, including fasteners, pins, valves, hoses, wire harnesses, clamps and fittings, and rubber and plastic components. It has a 16.41 P/E ratio. This segment also engineers and makes precision cold formed and cold extruded products, including locknuts, SPAC nuts, and wheel hardware.

Analysts await Park-Ohio Holdings Corp. (NASDAQ:PKOH) to report earnings on May, 14. They expect $0.80 EPS, up 17.65% or $0.12 from last year’s $0.68 per share. PKOH’s profit will be $9.87 million for 11.80 P/E if the $0.80 EPS becomes a reality. After $0.86 actual EPS reported by Park-Ohio Holdings Corp. for the previous quarter, Wall Street now forecasts -6.98% negative EPS growth.

Euclidean Technologies Management Llc holds 1.97% of its portfolio in Park-Ohio Holdings Corp. for 43,531 shares. Private Management Group Inc owns 638,747 shares or 1.51% of their US portfolio. Moreover, Weber Alan W has 1.14% invested in the company for 56,820 shares. The Georgia-based Buckhead Capital Management Llc has invested 0.83% in the stock. Teton Advisors Inc., a New York-based fund reported 171,900 shares.

The stock decreased 1.56% or $0.6 during the last trading session, reaching $37.75. About 11,250 shares traded. Park-Ohio Holdings Corp. (PKOH) has risen 10.73% since April 25, 2017 and is uptrending. It has underperformed by 0.82% the S&P500.

The insider, and Pennymac Mortgage Investment Trust’s Chief Capital Markets Officer, Vandad Fartaj, sold 456 company shares on April 24, 2018, valued by the stock market at $7,994 (at $17.5 a share). This is not his first insider trade, in the last 30 days, he sold another 456 shares worth $7,898 USD. Now, Vandad Fartaj has ownership of a total of 90,401 shares or 0.15% of the company’s total market cap (Market Capitalization is a measurement of business value based on share price and number of shares outstanding). The stocks unloading was completed on April 24, 2018 and was made public inside a filing at the Washington-based SEC’s website.

PennyMac Mortgage Investment Trust, a specialty finance company, invests primarily in residential mortgage loans and mortgage-related assets in the United States. The company has market cap of $1.06 billion. The firm operates in two divisions, Correspondent Production and Investment Activities. It has a 11.81 P/E ratio. The Correspondent Production segment engages in purchasing, pooling, and reselling newly originated prime credit mortgage loans directly or in the form of mortgage-backed securities .

Among 9 analysts covering PennyMac Mortgage Investment Trust (NYSE:PMT), 3 have Buy rating, 0 Sell and 6 Hold. Therefore 33% are positive. PennyMac Mortgage Investment Trust has $21 highest and $13 lowest target. $17.03’s average target is -2.46% below currents $17.46 stock price. PennyMac Mortgage Investment Trust had 16 analyst reports since July 27, 2015 according to SRatingsIntel. Wood maintained PennyMac Mortgage Investment Trust (NYSE:PMT) on Monday, June 13 with “Outperform” rating. The stock of PennyMac Mortgage Investment Trust (NYSE:PMT) has “Market Outperform” rating given on Wednesday, March 9 by JMP Securities. On Monday, July 27 the stock rating was upgraded by Compass Point to “Buy”. The firm earned “Market Perform” rating on Thursday, February 4 by Wells Fargo. The rating was maintained by Compass Point with “Buy” on Thursday, August 6. The rating was initiated by Barclays Capital on Thursday, December 10 with “Overweight”. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Monday, May 29. Wedbush initiated PennyMac Mortgage Investment Trust (NYSE:PMT) on Thursday, October 6 with “Neutral” rating. As per Friday, August 7, the company rating was downgraded by Citigroup. The company was downgraded on Tuesday, October 10 by Keefe Bruyette & Woods.

Analysts await PennyMac Mortgage Investment Trust (NYSE:PMT) to report earnings on May, 3. They expect $0.31 earnings per share, down 22.50% or $0.09 from last year’s $0.4 per share. PMT’s profit will be $18.80M for 14.08 P/E if the $0.31 EPS becomes a reality. After $0.32 actual earnings per share reported by PennyMac Mortgage Investment Trust for the previous quarter, Wall Street now forecasts -3.13% negative EPS growth.

Since February 13, 2018, it had 4 buys, and 12 sales for $705,805 activity. Sullivan Marianne bought $107,999 worth of PennyMac Mortgage Investment Trust (NYSE:PMT) on Tuesday, March 20. 4,998 shares valued at $86,440 were sold by Perotti Daniel Stanley on Monday, February 26. Hendry Gregory L sold $16,592 worth of stock. Another trade for 1,248 shares valued at $21,149 was made by Carnahan Scott W. on Wednesday, February 14. 2,173 shares were sold by Preston Paul DuFauchard – Jr., worth $37,440 on Friday, February 23. Another trade for 8,929 shares valued at $155,076 was made by Jones Doug on Tuesday, February 27. $7,898 worth of PennyMac Mortgage Investment Trust (NYSE:PMT) was sold by Fartaj Vandad on Monday, April 16.

Investors sentiment decreased to 0.7 in 2017 Q4. Its down 0.49, from 1.19 in 2017Q3. It is negative, as 33 investors sold PennyMac Mortgage Investment Trust shares while 43 reduced holdings. 20 funds opened positions while 33 raised stakes. 37.29 million shares or 7.79% less from 40.44 million shares in 2017Q3 were reported. Invesco Limited has 0.01% invested in PennyMac Mortgage Investment Trust (NYSE:PMT). Us National Bank De owns 2,846 shares. Prudential Financial invested in 24,810 shares. The Illinois-based Lsv Asset Mngmt has invested 0.04% in PennyMac Mortgage Investment Trust (NYSE:PMT). Cambridge Invest Research Advsr accumulated 17,948 shares. Greenwich Investment Management reported 213,579 shares. Financial Architects has 0.01% invested in PennyMac Mortgage Investment Trust (NYSE:PMT) for 3,000 shares. California Pub Employees Retirement Systems owns 345,211 shares. California State Teachers Retirement Systems holds 0% of its portfolio in PennyMac Mortgage Investment Trust (NYSE:PMT) for 103,272 shares. Credit Suisse Ag has 82,373 shares. Aperio Group Ltd Limited Liability Company holds 11,416 shares. Swiss Fincl Bank accumulated 112,700 shares. 19,048 were accumulated by Paloma Partners Com. Barclays Public Ltd Com invested in 0% or 173,559 shares. Regions owns 522 shares.

PennyMac Mortgage Investment Trust (NYSE:PMT) Institutional Positions Chart