Westport Fuel Systems Inc (WPRT) Expected to Post Quarterly Sales of $67.23 Million

Two Sigma Investments LP bought a new position in Westport Fuel Systems during the fourth quarter valued at approximately $59,000. Prescott Group …

Westport Fuel Systems logoWall Street analysts expect Westport Fuel Systems Inc (NASDAQ:WPRT) (TSE:WPRT) to post $67.23 million in sales for the current fiscal quarter, according to Zacks. Two analysts have made estimates for Westport Fuel Systems’ earnings, with the lowest sales estimate coming in at $66.70 million and the highest estimate coming in at $67.75 million. Westport Fuel Systems reported sales of $67.60 million in the same quarter last year, which would indicate a negative year over year growth rate of 0.5%. The firm is expected to report its next earnings results after the market closes on Thursday, May 9th.

According to Zacks, analysts expect that Westport Fuel Systems will report full year sales of $281.87 million for the current year, with estimates ranging from $281.54 million to $282.20 million. For the next fiscal year, analysts forecast that the firm will post sales of $357.27 million, with estimates ranging from $348.50 million to $366.03 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for Westport Fuel Systems.

Westport Fuel Systems (NASDAQ:WPRT) (TSE:WPRT) last posted its quarterly earnings results on Tuesday, March 19th. The auto parts company reported ($0.08) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.04). The company had revenue of $60.50 million during the quarter, compared to analysts’ expectations of $62.15 million. Westport Fuel Systems had a negative return on equity of 41.24% and a negative net margin of 11.49%. Westport Fuel Systems’s revenue for the quarter was up 5.2% compared to the same quarter last year. During the same period last year, the company earned ($0.14) earnings per share.

Several equities analysts recently weighed in on WPRT shares. Lake Street Capital lowered shares of Westport Fuel Systems from a “buy” rating to a “hold” rating in a research report on Tuesday, February 5th. HC Wainwright reaffirmed a “buy” rating on shares of Westport Fuel Systems in a research report on Tuesday, January 15th.

Institutional investors and hedge funds have recently modified their holdings of the stock. Two Sigma Investments LP bought a new position in Westport Fuel Systems during the fourth quarter valued at approximately $59,000. Prescott Group Capital Management L.L.C. acquired a new position in Westport Fuel Systems during the fourth quarter valued at approximately $60,000. Two Sigma Securities LLC acquired a new position in Westport Fuel Systems during the fourth quarter valued at approximately $62,000. Virtu Financial LLC grew its holdings in Westport Fuel Systems by 358.6% during the fourth quarter. Virtu Financial LLC now owns 84,334 shares of the auto parts company’s stock valued at $112,000 after purchasing an additional 65,944 shares during the last quarter. Finally, Oppenheimer & Co. Inc. grew its holdings in Westport Fuel Systems by 49.1% during the fourth quarter. Oppenheimer & Co. Inc. now owns 89,300 shares of the auto parts company’s stock valued at $118,000 after purchasing an additional 29,400 shares during the last quarter. 26.17% of the stock is currently owned by hedge funds and other institutional investors.

WPRT traded up $0.01 during midday trading on Friday, hitting $1.67. 565,352 shares of the company’s stock traded hands, compared to its average volume of 596,828. The firm has a market cap of $214.74 million, a PE ratio of -5.39 and a beta of 2.65. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.16 and a current ratio of 1.60. Westport Fuel Systems has a one year low of $1.17 and a one year high of $3.77.

Westport Fuel Systems Company Profile

Westport Fuel Systems Inc engineers, manufactures, and supplies alternative fuel systems and components for the transportation and industrial markets worldwide. It operates through Transportation and Cummins Westport Inc Joint Venture segments. The company designs, manufactures, and sells compressed natural gas (CNG) and liquid petroleum gas (LPG) components and systems, such as pressure regulators, injectors, electronic control units, valves, and filters, as well as bi-fuel, mono-fuel, and dual-fuel LPG and CNG conversion kits for passenger cars, light-duty trucks, and medium-duty vehicles, including original engine manufacture (OEM), delayed OEM, and aftermarket segments.

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CLARET ASSET MANAGEMENT Corp Purchases Shares of 3432 Thomson Reuters Corp (TRI)

Acadian Asset Management LLC bought a new stake in shares of Thomson Reuters in the 4th quarter worth approximately $82,000. Finally …

Thomson Reuters logoCLARET ASSET MANAGEMENT Corp purchased a new position in Thomson Reuters Corp (NYSE:TRI) (TSE:TRI) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 3,432 shares of the business services provider’s stock, valued at approximately $203,000.

A number of other institutional investors have also modified their holdings of the business. Horan Capital Advisors LLC. purchased a new position in shares of Thomson Reuters in the first quarter worth about $38,000. Private Capital Group LLC boosted its position in shares of Thomson Reuters by 86.8% in the 4th quarter. Private Capital Group LLC now owns 964 shares of the business services provider’s stock worth $47,000 after purchasing an additional 448 shares in the last quarter. American Research & Management Co. bought a new stake in shares of Thomson Reuters in the 1st quarter worth approximately $54,000. Acadian Asset Management LLC bought a new stake in shares of Thomson Reuters in the 4th quarter worth approximately $82,000. Finally, Enlightenment Research LLC purchased a new position in Thomson Reuters in the 4th quarter worth approximately $92,000. Hedge funds and other institutional investors own 21.98% of the company’s stock.

NYSE:TRI opened at $60.99 on Wednesday. Thomson Reuters Corp has a 12 month low of $40.25 and a 12 month high of $62.51. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.84 and a quick ratio of 1.84. The firm has a market cap of $30.79 billion, a PE ratio of 81.32, a P/E/G ratio of 6.26 and a beta of 0.63.

Thomson Reuters (NYSE:TRI) (TSE:TRI) last posted its quarterly earnings data on Wednesday, May 8th. The business services provider reported $0.36 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.23 by $0.13. Thomson Reuters had a net margin of 71.79% and a return on equity of 4.00%. The business had revenue of $1.49 billion during the quarter, compared to the consensus estimate of $1.50 billion. During the same period in the previous year, the firm posted $0.28 earnings per share. The business’s revenue for the quarter was up 7.8% compared to the same quarter last year. On average, equities analysts predict that Thomson Reuters Corp will post 1.09 EPS for the current year.

A number of equities research analysts have weighed in on TRI shares. ValuEngine upgraded shares of Thomson Reuters from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, May 1st. National Bank Financial downgraded shares of Thomson Reuters from an “outperform” rating to a “sector perform” rating in a report on Monday, March 25th. Zacks Investment Research downgraded shares of Thomson Reuters from a “hold” rating to a “sell” rating in a report on Friday, March 1st. CIBC reissued an “average” rating and issued a $56.00 price objective on shares of Thomson Reuters in a research report on Wednesday, February 27th. Finally, Morgan Stanley raised their target price on shares of Thomson Reuters from $66.00 to $67.00 and gave the stock an “overweight” rating in a research report on Monday, April 29th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $54.18.

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About Thomson Reuters

Thomson Reuters Corporation provides news and information-based tools to professionals worldwide. It operates through five segments: Legal Professionals, Corporates, Tax Professionals, Reuters News, and Global Print. The Legal Professionals segment offers research and workflow products focusing on legal research and integrated legal workflow solutions that combine content, tools, and analytics.

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Institutional Ownership by Quarter for Thomson Reuters (NYSE:TRI)

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Cornerstone Investment Partners Has Decreased By $2.13 Million Its Taiwan Semiconductor (TSM …

Some Historical TSM News: 29/05/2018 – MFS Institutional International Equity Fund Cuts TSMC; 19/04/2018 – TSMC Files Annual Report on Form …

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Logo

Osher Van De Voorde Investment Management increased Enbridge Inc. (ENB) stake by 23.85% reported in 2018Q4 SEC filing. Osher Van De Voorde Investment Management acquired 45,982 shares as Enbridge Inc. (ENB)’s stock rose 8.38%. The Osher Van De Voorde Investment Management holds 238,806 shares with $7.42M value, up from 192,824 last quarter. Enbridge Inc. now has $74.43 billion valuation. The stock decreased 0.54% or $0.2 during the last trading session, reaching $36.56. About 2.10M shares traded. Enbridge Inc. (NYSE:ENB) has risen 10.22% since May 8, 2018 and is uptrending. It has outperformed by 5.85% the S&P500. Some Historical ENB News: 09/04/2018 – NEW DEAL: Enbridge Min. C$500m Fxd-to-Float 60NC10 6.625%; 18/05/2018 – Enbridge Income Fund Board Establishes Special Panel of Independent Directors to Review Proposal; 23/03/2018 – Michigan.gov: MDEQ issues Enbridge a permit for 22 anchors in Straits; 18/05/2018 – ENBRIDGE INCOME FUND – BOARD ESTABLISHED A SPECIAL COMMITTEE OF INDEPENDENT DIRECTORS TO REVIEW AND CONSIDER PROPOSAL FROM ENBRIDGE INC; 17/05/2018 – ENBRIDGE COMMENTS ON TRANS MOUNTAIN IN E-MAILED STATEMENT; 09/05/2018 – ENBRIDGE TO SELL 49% OF STAKE IN SOME POWER ASSETS FOR $1.75B; 18/05/2018 – Enbridge Energy Mgmt Acknowledges Enbridge Inc. Offer and Establishes a Special Committee; 17/05/2018 – ENBRIDGE INC – IF COMPLETED, ANTICIPATED TO HAVE NEUTRAL IMPACT ON CO’S THREE-YEAR FINANCIAL GUIDANCE, WITH POTENTIAL FOR POSITIVE IMPACTS BEYOND 2020; 16/04/2018 – Michigan PSC: Straits investigation continues with anticipated launch of underwater vehicles to inspect ATC, Enbridge lines; 09/05/2018 – ENBRIDGE – AL MIDCOAST INTENDS TO MAINTAIN MIDCOAST’S WORKFORCE AND ANTICIPATES THAT THEY WILL JOIN AL MIDCOAST UPON TRANSACTION CLOSE

Cornerstone Investment Partners Llc decreased Taiwan Semiconductor (TSM) stake by 3.27% reported in 2018Q4 SEC filing. Cornerstone Investment Partners Llc sold 59,298 shares as Taiwan Semiconductor (TSM)’s stock rose 3.00%. The Cornerstone Investment Partners Llc holds 1.76M shares with $64.83M value, down from 1.82M last quarter. Taiwan Semiconductor now has $217.71B valuation. It closed at $43.76 lastly. It is up 8.36% since May 8, 2018 and is downtrending. It has underperformed by 12.73% the S&P500. Some Historical TSM News: 29/05/2018 – MFS Institutional International Equity Fund Cuts TSMC; 19/04/2018 – TSMC Files Annual Report on Form 20-F for 2017; 22/05/2018 – 9to5Mac: Apple partner TSMC begins mass production of 7-nanometer `A12′ processors for this year’s iPhones; 28/03/2018 – Australian Gov: US Patent Issued to Taiwan Semiconductor Manufacturing on March 27 for “Source/drain regions for high electron; 19/04/2018 – TSMC 2330.TW TSM.N SAYS EXPECTS $10-12 BLN ANNUAL CAPEX IN NEXT FEW YEARS; 10/05/2018 – Taiwan Semiconductor Manufacturing Apr Rev NT$81.87B; 17/04/2018 – TAIWAN’S TSMC 2330.TW TSM.N SAYS ORDERS MACHINERY EQUIPMENT WORTH T$512 MLN; 13/03/2018 – Luxtera Achieves Record Breaking Optical Performance with New TSV-Enabled Silicon Photonics Platform at TSMC; 19/04/2018 – Taiex Opens Down 1.6%; TSMC Slides 6% After Warning; 23/05/2018 – TSMC 2330.TW TSM.N SAYS ORDERS MACHINERY EQUIPMENT WORTH T$306 MLN

Cornerstone Investment Partners Llc increased Spdr S&P 500 Etf Trust (SPY) stake by 2,031 shares to 5,704 valued at $1.43M in 2018Q4. It also upped Qualcomm Inc. (NASDAQ:QCOM) stake by 5,585 shares and now owns 40,389 shares. Citigroup Inc. (NYSE:C) was raised too.

More notable recent Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) news were published by: Seekingalpha.com which released: “Taiwan Semiconductor Has Passed The Bottom Of The Semiconductor Cycle – Seeking Alpha” on April 25, 2019, also Seekingalpha.com with their article: “TSMC comments support semi recovery – Stifel – Seeking Alpha” published on April 18, 2019, Seekingalpha.com published: “Taiwan Semiconductor Manufacturing Q1 2019 Earnings Preview – Seeking Alpha” on April 17, 2019. More interesting news about Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) were released by: Seekingalpha.com and their article: “TSMC revenue +31% in March, -25% in Q1 – Seeking Alpha” published on April 10, 2019 as well as Seekingalpha.com‘s news article titled: “TSMC’s 12nm fab still oversupplied – Seeking Alpha” with publication date: April 25, 2019.

More notable recent Enbridge Inc. (NYSE:ENB) news were published by: Seekingalpha.com which released: “Enbridge: 30% Upside – Seeking Alpha” on May 06, 2019, also Seekingalpha.com with their article: “Enbridge: Halftime Report – Seeking Alpha” published on April 09, 2019, Seekingalpha.com published: “Enbridge: Higher Prices On The Way – Seeking Alpha” on April 11, 2019. More interesting news about Enbridge Inc. (NYSE:ENB) were released by: Seekingalpha.com and their article: “Enbridge seeking minimum eight-year shipping contracts on Mainline – Reuters – Seeking Alpha” published on May 07, 2019 as well as Seekingalpha.com‘s news article titled: “Enbridge: A Strong Prospect For Long-Term Investors – Seeking Alpha” with publication date: April 24, 2019.

Enbridge Inc. (NYSE:ENB) Ratings Chart

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How Agnico Eagle Mines feels the Mifid II effect

How Agnico Eagle Mines feels the Mifid II effect. May 07, 2019. IR Magazine caught up with Brian Christie at the Canada Awards last month, where the …
How Agnico Eagle Mines feels the Mifid II effect. May 07, 2019. IR Magazine caught up with Brian Christie at the Canada Awards last month, where the …

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Brown Brothers Harriman & Co Has Boosted Intel (INTC) Holding by $1.15 Million; Broad Run …

… 08/05/2018 – Intel Capital Announces $72M of New Investments in 12 Tech Startups at Annual Global Summit; 26/04/2018 – Amazon, Intel Earnings …

Intel Corporation (NASDAQ:INTC) Logo

Broad Run Investment Management Llc decreased its stake in Brookfield Asset Mgmt Inc (BAM) by 0.65% based on its latest 2018Q4 regulatory filing with the SEC. Broad Run Investment Management Llc sold 36,411 shares as the company’s stock rose 2.77% with the market. The institutional investor held 5.54M shares of the building operators company at the end of 2018Q4, valued at $212.32M, down from 5.57 million at the end of the previous reported quarter. Broad Run Investment Management Llc who had been investing in Brookfield Asset Mgmt Inc for a number of months, seems to be less bullish one the $45.41B market cap company. The stock decreased 1.46% or $0.7 during the last trading session, reaching $47.21. About 526,646 shares traded. Brookfield Asset Management Inc. (NYSE:BAM) has risen 18.56% since May 7, 2018 and is uptrending. It has outperformed by 14.19% the S&P500. Some Historical BAM News: 21/03/2018 – GLP, Brookfield Join Hands to Target Rooftop Solar in China; 15/05/2018 – Brookfield Asset Management Buys 5.8% of Piedmont Office; 15/03/2018 – S&PGR Rts Brookfield Residential Properties’ Prpsd Sr Nts ‘B+’; 20/03/2018 – National Post: Brookfield to sell $1.6-billion in bonds in Brazil to help fund local pipeline; 29/03/2018 – Soundvest Capital Management to Wind Up Soundvest Equity Fund, Formerly Brookfield Soundvest Equity Fund; 10/05/2018 – BRAZIL’S RENOVA ENERGIA SAYS IT HAS CALLED OFF ASSET-SALE TALKS WITH BROOKFIELD ENERGIA RENOVÁVEL; EXCLUSIVITY PERIOD ENDED WITH NO AGREEMENT; 03/04/2018 – Financial Post: Brookfield-owned GrafTech looks to raise more than $800 million in IPO; 01/05/2018 – Brookfield CEO Disagrees With Zell, Sees Opportunities in Real Estate (Video); 13/05/2018 – Healthscope Gets Unsolicited Takeover Offer From Brookfield; 15/03/2018 – Moody’s Rates Brookfield Residential Properties’ Notes B1; Stable Outlook

Brown Brothers Harriman & Co increased its stake in Intel Corp (INTC) by 15.25% based on its latest 2018Q4 regulatory filing with the SEC. Brown Brothers Harriman & Co bought 24,931 shares as the company’s stock rose 10.40% with the market. The institutional investor held 188,364 shares of the semiconductors company at the end of 2018Q4, valued at $8.84 million, up from 163,433 at the end of the previous reported quarter. Brown Brothers Harriman & Co who had been investing in Intel Corp for a number of months, seems to be bullish on the $225.63B market cap company. The stock decreased 1.61% or $0.82 during the last trading session, reaching $50.4. About 12.98M shares traded. Intel Corporation (NASDAQ:INTC) has risen 12.75% since May 7, 2018 and is uptrending. It has outperformed by 8.38% the S&P500. Some Historical INTC News: 26/03/2018 – Tom Winter: BREAKING: U.S. set to expel 60 Russian diplomats (Intel agents with diplomatic cover) and close Russia’s consulate; 15/03/2018 – Asetek Announces Ongoing Collaboration with Intel on Liquid Cooling for Servers and Datacenters; 29/03/2018 – DealerSocket Names Jose Arcilla as Chief Operating Officer; 26/04/2018 – Intel Sees 2018 Tax Rate 13%; 12/03/2018 – House Intel Republicans find ‘no evidence’ of Trump-Russia collusion; 23/04/2018 – Flying taxi start-up hires designer behind modern Mini, Fiat 500; 12/03/2018 – The Hill: #BREAKING: House Intel ends Trump-Russia probe, says no evidence of collusion; 09/03/2018 – Techmeme: Sources: Intel is working with advisors to consider responses to Broadcom’s Qualcomm bid, including making an; 08/05/2018 – Intel Capital Announces $72M of New Investments in 12 Tech Startups at Annual Global Summit; 26/04/2018 – Amazon, Intel Earnings Boost Tech Momentum in Post-Market Surge

Brown Brothers Harriman & Co, which manages about $12.77B and $13.22B US Long portfolio, decreased its stake in Wells Fargo & Co (NYSE:WFC) by 4.58M shares to 9.27M shares, valued at $427.10M in 2018Q4, according to the filing. It also reduced its holding in Sabre Corp (NASDAQ:SABR) by 1.93M shares in the quarter, leaving it with 17.04 million shares, and cut its stake in Comcast Corp (NASDAQ:CMCSA).

Investors sentiment increased to 1 in 2018 Q4. Its up 0.15, from 0.85 in 2018Q3. It improved, as 52 investors sold INTC shares while 677 reduced holdings. 141 funds opened positions while 588 raised stakes. 2.96 billion shares or 3.57% more from 2.86 billion shares in 2018Q3 were reported. Citigroup accumulated 0.14% or 2.84M shares. Mitsubishi Ufj Tru & Banking Corporation holds 3.93M shares or 0.77% of its portfolio. 64 were reported by Macroview Inv Mgmt Ltd Com. Cambridge Investment Rech Advsrs reported 547,221 shares. Choate holds 182,771 shares. Martin And Tn reported 28,017 shares. Garde holds 0.35% or 42,325 shares in its portfolio. Vantage Prtn Lc holds 0.64% or 190,914 shares in its portfolio. Trustco Bancorporation N Y holds 6.82% or 78,527 shares in its portfolio. Cardinal Capital invested 2.11% in Intel Corporation (NASDAQ:INTC). Reynders Mcveigh Capital Ltd Llc, Massachusetts-based fund reported 90,831 shares. Raab Moskowitz Asset Mgmt Limited Liability Corporation holds 0.98% or 42,477 shares. 440,404 were accumulated by Driehaus Capital Mgmt Limited Liability Company. Diligent Limited Liability owns 2.35% invested in Intel Corporation (NASDAQ:INTC) for 76,358 shares. Moreover, Jp Marvel Advsrs Ltd has 1.59% invested in Intel Corporation (NASDAQ:INTC).

Since November 29, 2018, it had 2 insider purchases, and 7 sales for $495,361 activity. SWAN ROBERT HOLMES bought $245,993 worth of stock or 5,263 shares.

More notable recent Intel Corporation (NASDAQ:INTC) news were published by: Seekingalpha.com which released: “Intel’s post-earnings slide tops 13% – Seeking Alpha” on April 29, 2019, also Nasdaq.com with their article: “After Hours Most Active for May 6, 2019 : INTC, EGP, V, DWDP, HPQ, RRC, QQQ, KR, FITB, SLM, MSFT, FAST – Nasdaq” published on May 06, 2019, Nasdaq.com published: “Amazon Pushes Nasdaq to Fifth Straight Weekly Win – Nasdaq” on April 26, 2019. More interesting news about Intel Corporation (NASDAQ:INTC) were released by: Nasdaq.com and their article: “Noteworthy ETF Inflows: QQQ, INTC, ADP, INTU – Nasdaq” published on April 24, 2019 as well as Nasdaq.com‘s news article titled: “Why Intel’s Smartphone Strategy Went off the Rails (Again) – Nasdaq” with publication date: April 19, 2019.

Broad Run Investment Management Llc, which manages about $1.52 billion and $2.18 billion US Long portfolio, upped its stake in Encore Cap Group Inc (NASDAQ:ECPG) by 54,694 shares to 3.87 million shares, valued at $90.94 million in 2018Q4, according to the filing. It also increased its holding in Alphabet Inc by 4,462 shares in the quarter, for a total of 46,847 shares, and has risen its stake in Carmax Inc (NYSE:KMX).

Intel Corporation (NASDAQ:INTC) Institutional Positions Chart

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