Cooper Tire & Rubber Company (CTB) Stake Increased by Retirement Systems of Alabama


The fund owned 68,238 shares of the company's stock after purchasing an additional 240 shares during the quarter. The institutional investor held 51,920 shares of the automotive aftermarket company at the end of 2016Q4, valued at $1.60M, up from 25,000 at the end of the previous reported quarter. Dycom Inds Inc now has $2.46B valuation. It closed at $78.98 lastly. Cooper Tire & Rubber Co (NYSE:CTB) has risen 15.20% since September 7, 2016 and is uptrending. It has underperformed by 1.50% the S&P500.The move comes after 9 months negative chart setup for the $1.71 billion company.

More notable recent Cooper Tire & Rubber Co (NYSE:CTB) news were published by: which released: "Cooper Tire Faulted for Firing Picketing Worker for Racial Slurs" on August 09, 2017, also with their article: "Cooper Tire & Rubber: Understanding The Company's Chronic Underperformance" published on June 02, 2017, published: "Cooper Tire & Rubber (CTB) Down 7.7% Since Earnings Report: Can It Rebound?" on September 06, 2017. (GT) stake by 16.62% reported in 2016Q4 SEC filing.

Goodyear Tire & Rubber Co (GT) will be on trader's radar at the beginning of the upcoming session as the closing price ticked above the Parabolic SAR indicator (PSAR). The stock declined 0.87% or $0.27 reaching $30.17 on the news. Hodges Capital Management Inc. now owns 895,637 shares of the company's stock valued at $32,332,000 after acquiring an additional 200,755 shares during the last quarter. Financial Architects raised its position in The Goodyear Tire & Rubber by 2.2% through out the 2nd period.

In the market the company is trading down since yesterday's close of 30.44. It is down 17.26% since September 7, 2016 and is uptrending. It has outperformed by 36.10% the S&P500. FBR & Co restated a "buy" rating and issued a $53.00 target price on shares of Cooper Tire & Rubber in a report on Tuesday. Insiders have sold 13,001 shares of company stock valued at $457,304 over the last ninety days. Fuller And Thaler Asset, California-based fund reported 280 shares. (NASDAQ:AAOI) stake by 61,102 shares to 64,594 valued at $1.51 million in 2016Q4. Dynamic Capital Management Limited holds 41,174 shares. Electronic Arts (NASDAQ:EA) was reduced too. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating on the company. Therefore 50% are positive. Cooper Tire had 23 analyst reports since August 7, 2015 according to SRatingsIntel. Morgan Stanley maintained the stock with "Buy" rating in Friday, July 28 report. Berenberg initiated the shares of GT in report on Tuesday, November 22 with "Buy" rating. The firm has "Buy" rating given on Monday, August 7 by Jefferies. The stock has "Hold" rating by Deutsche Bank on Friday, July 28. ValuEngine downgraded The Goodyear Tire & Rubber from a "strong-buy" recommendation to a "buy" recommendation in a study on Fri, Jul 28th. The rating was upgraded by KeyBanc Capital Markets to "Overweight" on Thursday, April 7.

Investors sentiment increased to 0.88 in Q4 2016. Its down 0.25, from 1.28 in 2016Q3. Sold All: 23 Reduced: 77 Increased: 81 New Position: 39. Dekabank Deutsche Girozentrale reported 94,414 shares. State Of Tennessee Treasury Department holds 181,400 shares or 0.03% of its portfolio. Commonwealth Savings Bank Of reported 52,741 shares. Portolan Capital Mgmt Ltd Liability invested in 401,496 shares. Panagora Asset Mngmt holds 0% of its portfolio in Bel Fuse, Inc.

Cooper Tire & Rubber Company (NYSE CTB) opened at 33.60 on Thursday. North Carolina-based Wedge L Limited Partnership Nc has invested 0.48% in Goodyear Tire & Rubber Co (NASDAQ:GT). Brown Brothers Harriman has invested 0% of its portfolio in Goodyear Tire & Rubber Co (NASDAQ:GT). The institutional investor owned 110,259 shares of the company's stock after purchasing an additional 79,659 shares during the period. Its up 0.05, from 1.12 in 2016Q3. Amp Cap Ltd holds 147,995 shares or 0.03% of its portfolio. Finally, CLSA began coverage on shares of The Goodyear Tire & Rubber in a report on Wednesday, June 21st. 27,015 are held by Shell Asset Com. Earnest Ltd Llc invested in 0% or 135 shares. (NYSE:APD) for 14,333 shares. Moreover, Renaissance Technologies Ltd Limited Liability Company has 0.02% invested in Bel Fuse, Inc. (NYSE:APD). State Teachers Retirement Systems accumulated 329,941 shares.

The company's P/E ratio is 6.61 and market cap is 7.64B. Dodge And Cox reported 6,200 shares. Amer Rech And has invested 0% in Air Products & Chemicals, Inc. Whittier stated it has 4,944 shares or 0.01% of all its holdings. The firm earned "Buy" rating on Tuesday, November 22 by Berenberg. As per Monday, December 5, the company rating was upgraded by Citigroup. (NYSE:APD) on Friday, July 15 with "Neutral" rating.



Related Posts

PM to Hold Talks With Suu Kyi
The Indian government is also concerned about Rohingya immigrants in the country, and has been considering to deport them. The prime minister will address the Indian community in Myanmar at Yangon's Thuwanna Indoor Stadium.

Price Target Analysis Scorpio Tankers Inc. (STNG)
When applying indicators for technical analysis, traders and investors may choose to examine the ATR or average true range. The company reported the earnings of $-0.07/Share in the last quarter where the estimated EPS by analysts was $-0.1/share.

Agree Realty Corporation (NYSE:ADC) Experiences Lighter than Average Trading Volume
The collective rating of 2.4 for Kimco Realty Corporation (NYSE:KIM) also leans strongly towards the neutral end of the spectrum. It worsened, as 51 investors sold DISH shares while 144 reduced holdings. 98 funds opened positions while 244 raised stakes.

Final Nioh DLC Called Bloodshed's End Releases Later This Month
So it's likely we're looking at some type of challenge maps akin to the type we saw within the Batman games and others. Bloodshed's End will be available on September 26 for $9.99/€9.99/£7.99, and is also included in the season pass .

Putin Echoes China in Rejecting Tougher North Korea Sanctions
Some Chinese academics and scholars say more powerful sanctions could lure North Korea to the negotiating table. Putin also said current trade between Russian Federation and North Korea was "effectively zero".

England drop Woakes for 3rd Windies Test
I felt in really good rhythm. "Luckily I think it's passed Antigua and those islands going up, and hasn't affected them that badly".

Panthers to fly players, staff out of Florida
According to the Miami Herald, a number of Panthers players and staff will evacuate Florida ahead of the storm's arrival. Several other highly regarded young players who will be vying for roster spots were also slated to participate.

Newly appointed Railways Minister Piyush Goyal takes charge
Piyush Goyal, who was promoted to cabinet rank on Sunday , will replace Suresh Prabhu as the rail minister. He played a major role during the 2014 general elections in India which elevated the BJP to power.

Ryan hopes to combine DACA, border security in immigration bill: NYT interview
Congress has repeatedly struggled to come up with a legislation solution to deal with immigration. Ryan also made it clear they would not move anything unless it had the support of Trump.

Aaron Judge and Sonny Gray bring Yankees closer to Red Sox
NY added two runs in the third against Kevin Gausman (10-10), and Headley's drive off Mike Wright made it 7-0 in the fourth. By winning two of three from the O's, the Yankees stopped a streak of 11 straight series losses in the Inner Harbor.

© 2015 ExpressNewsline. All Rights reserved.