Cardinal Capital Management Inc decreased its stake in Magna International Inc. (MGA) by 30.73% based on its latest 2018Q3 regulatory filing with the SEC. Cardinal Capital Management Inc sold 269,305 shares as the company’s stock declined 15.56% with the market. The institutional investor held 606,941 shares of the capital goods company at the end of 2018Q3, valued at $31.86M, down from 876,246 at the end of the previous reported quarter. Cardinal Capital Management Inc who had been investing in Magna International Inc. for a number of months, seems to be less bullish one the $17.18 billion market cap company. The stock decreased 0.93% or $0.49 during the last trading session, reaching $52.42. About 810,033 shares traded. Magna International Inc. (NYSE:MGA) has declined 20.05% since February 3, 2018 and is downtrending. It has underperformed by 20.05% the S&P500. Some Historical MGA News: 19/04/2018 – Magna International opens a new plant in Mexico; 29/03/2018 – MAGNA ESTABLISHES AUTOMATIC SHARE BUY PLAN; 04/05/2018 – Magna Posts Updated Financial Review for 2017; 10/05/2018 – MAGNA CEO: ONTARIO POLICY IS MAKING US LESS COMPETITIVE; 16/03/2018 – Top VC deals: Apple buys Texture, Magna backs Lyft, Snoop Dogg raises a $45 million fund; 26/04/2018 – Magna and BHAP Create Joint Venture to Supply Door Modules to Automakers in China; 26/04/2018 – MAGNA INTERNATIONAL INC – PRODUCTION WITHIN FACILITY IS SCHEDULED TO BEGIN IN 2021 AND IS EXPECTED TO GENERATE OVER 100 NEW JOBS; 14/03/2018 – LYFT RAISES $200M FROM MAGNA IN SELF-DRIVING TECH PARTNERSHIP; 10/05/2018 – Magna International 1Q Adj EPS $1.84; 14/03/2018 – Magna, Lyft Co-developed Self-Driving Systems Can Be Deployed on Lyft Network as Well as for Entire Automotive Industry
Ascend Capital Llc increased its stake in Landstar Sys Inc (LSTR) by 97.13% based on its latest 2018Q3 regulatory filing with the SEC. Ascend Capital Llc bought 8,379 shares as the company’s stock declined 23.86% with the market. The hedge fund held 17,006 shares of the transportation company at the end of 2018Q3, valued at $2.07M, up from 8,627 at the end of the previous reported quarter. Ascend Capital Llc who had been investing in Landstar Sys Inc for a number of months, seems to be bullish on the $4.23B market cap company. The stock increased 1.36% or $1.38 during the last trading session, reaching $102.96. About 437,961 shares traded or 23.19% up from the average. Landstar System, Inc. (NASDAQ:LSTR) has declined 5.36% since February 3, 2018 and is downtrending. It has underperformed by 5.36% the S&P500. Some Historical LSTR News: 03/04/2018 – Landstar System Had Seen 1Q Revenue $925 Million to $975 Million; 03/04/2018 – LANDSTAR BOOSTS 1Q REV., EPS GUIDANCE; 03/04/2018 – LANDSTAR SEES 1Q REV. OF $1.03B TO $1.05B, EST. $963M; 25/04/2018 – Landstar 1Q EPS $1.37; 10/05/2018 – LANDSTAR SYSTEM INC LSTR.O : BAIRD RAISES TARGET PRICE TO $114 FROM $110; 25/04/2018 – LANDSTAR 1Q REV. $1.05B, EST. $1.03B; 25/04/2018 – LANDSTAR SEES 2Q EPS $1.48 TO $1.54, EST. $1.43; 03/04/2018 – LANDSTAR SEES 1Q EPS $1.35 TO $1.40 INCL. 3C TAX BENEFIT; 03/04/2018 – Landstar Cites 11% Incraese in Number of Loads Hauled Via Truck in First Eight Weeks of FY18; 03/04/2018 – Landstar System Raises 1Q View To Rev $1.03B-$1.05B
Ascend Capital Llc, which manages about $4.98B and $1.99 billion US Long portfolio, decreased its stake in Amazon Com Inc (NASDAQ:AMZN) by 3,670 shares to 7,238 shares, valued at $14.50 million in 2018Q3, according to the filing. It also reduced its holding in Microsoft Corp (NASDAQ:MSFT) by 118,624 shares in the quarter, leaving it with 160,394 shares, and cut its stake in Electronics For Imaging Inc (NASDAQ:EFII).
Investors sentiment decreased to 1.1 in Q3 2018. Its down 0.18, from 1.28 in 2018Q2. It turned negative, as 16 investors sold LSTR shares while 114 reduced holdings. 58 funds opened positions while 85 raised stakes. 39.61 million shares or 0.67% less from 39.87 million shares in 2018Q2 were reported. Cls Investments Lc owns 33 shares for 0% of their portfolio. Atria Limited Liability Com stated it has 2,272 shares or 0.01% of all its holdings. Grantham Mayo Van Otterloo Limited Liability Company holds 0.03% or 30,365 shares. Prospector Ltd Liability Company reported 33,500 shares. Guggenheim Limited Liability Com has invested 0.01% in Landstar System, Inc. (NASDAQ:LSTR). Commonwealth Savings Bank Of Australia holds 0% of its portfolio in Landstar System, Inc. (NASDAQ:LSTR) for 2,600 shares. Retirement Of Alabama accumulated 105,270 shares or 0.06% of the stock. Gideon Capital Incorporated invested in 0.19% or 3,344 shares. 16,141 are owned by Cardinal Capital. 659,108 were reported by Ameriprise. Ironwood Investment Counsel Llc stated it has 0.15% of its portfolio in Landstar System, Inc. (NASDAQ:LSTR). Menta Ltd Liability Company stated it has 9,547 shares or 0.41% of all its holdings. 109,149 were reported by Credit Suisse Ag. Lsv Asset Management holds 0% or 11,414 shares. Capital Fund Mngmt has invested 0.01% in Landstar System, Inc. (NASDAQ:LSTR).
Since September 5, 2018, it had 0 insider buys, and 1 insider sale for $358,550 activity.
More notable recent Landstar System, Inc. (NASDAQ:LSTR) news were published by: Seekingalpha.com which released: “Landstar System – Focus Is On 2018 – Seeking Alpha” on August 21, 2017, also Globenewswire.com with their article: “Landstar Metro Opens in Mexico City Nasdaq:LSTR – GlobeNewswire” published on October 10, 2017, Seekingalpha.com published: “XPO Logistics’ Acquisitions Have Failed To Create Value – Seeking Alpha” on May 25, 2016. More interesting news about Landstar System, Inc. (NASDAQ:LSTR) were released by: Nasdaq.com and their article: “Landstar System (LSTR) Q4 Earnings Beat Estimates – Nasdaq” published on January 30, 2019 as well as Investorplace.com‘s news article titled: “7 A-Rated Stocks to Buy for the Second Half of 2018 – Investorplace.com” with publication date: June 08, 2018.
Among 20 analysts covering Landstar System (NASDAQ:LSTR), 4 have Buy rating, 3 Sell and 13 Hold. Therefore 20% are positive. Landstar System had 81 analyst reports since August 20, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Tuesday, December 20 by Susquehanna. The company was downgraded on Thursday, November 8 by KeyBanc Capital Markets. The firm has “Overweight” rating given on Friday, January 13 by KeyBanc Capital Markets. The stock of Landstar System, Inc. (NASDAQ:LSTR) has “Buy” rating given on Tuesday, April 10 by Goldman Sachs. On Thursday, September 28 the stock rating was maintained by Stifel Nicolaus with “Buy”. William Blair downgraded Landstar System, Inc. (NASDAQ:LSTR) on Wednesday, January 13 to “Market Perform” rating. The rating was maintained by Robert W. Baird on Thursday, September 14 with “Hold”. The firm has “Overweight” rating by KeyBanc Capital Markets given on Friday, July 27. The company was upgraded on Friday, February 10 by Stifel Nicolaus. The company was maintained on Wednesday, March 30 by Credit Suisse.
Among 16 analysts covering Magna International (NYSE:MGA), 11 have Buy rating, 2 Sell and 3 Hold. Therefore 69% are positive. Magna International had 66 analyst reports since August 6, 2015 according to SRatingsIntel. As per Tuesday, June 28, the company rating was downgraded by BMO Capital Markets. The firm has “Buy” rating given on Friday, August 14 by Deutsche Bank. Bank of America upgraded it to “Buy” rating and $63.0 target in Wednesday, October 18 report. The firm earned “Underweight” rating on Monday, August 13 by Morgan Stanley. RBC Capital Markets maintained it with “Buy” rating and $70.0 target in Wednesday, January 17 report. The rating was maintained by RBC Capital Markets with “Buy” on Sunday, September 17. The company was maintained on Tuesday, January 16 by KeyBanc Capital Markets. On Wednesday, January 10 the stock rating was maintained by RBC Capital Markets with “Buy”. The stock has “Hold” rating by BMO Capital Markets on Tuesday, August 1. The rating was maintained by Susquehanna with “Hold” on Wednesday, March 14.
More notable recent Magna International Inc. (NYSE:MGA) news were published by: Seekingalpha.com which released: “Why I Am Cheering Magna’s Fall – Seeking Alpha” on October 11, 2018, also Globenewswire.com with their article: “Magna to Acquire OLSA and Expand Lighting Business – GlobeNewswire” published on June 28, 2018, Seekingalpha.com published: “Magna International (MGA) Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” on November 08, 2018. More interesting news about Magna International Inc. (NYSE:MGA) were released by: Seekingalpha.com and their article: “Magna International: Full Speed Ahead – Seeking Alpha” published on May 13, 2018 as well as Globenewswire.com‘s news article titled: “TSX Accepts Notice of Intention to Make Normal Course Issuer Bid – GlobeNewswire” with publication date: November 12, 2018.