How Insiders and Institutions are Trading Meritor, Inc. (MTOR)

Elias Hubbard
September 13, 2017

Short traders are more bearish on shares of Meritor, Inc. recently if you pay attention to the rise in short interest.

These funds have shifted positions in (MTOR).

Insider Trading Activity for Meritor, Inc. Kennedy Cap Mngmt holds 0.1% or 447,765 shares in its portfolio. Lucus Advsr Ltd Liability reported 12,541 shares. Federated clients PA has an ownership of 8,512 stocks of the auto parts firms shares valued at $141,000 after scooping up an extra 1,491 stocks in the previous period. large institution funds own 93.23% of the firms stock. Piedmont Investment Advisors LLC purchased a new stake in shares of Meritor in the second quarter worth about $1,452,000. At present, 0 analysts call it Sell, while 4 think it is Hold.

Now the shares of Meritor, Inc. Anchor Bolt Cap Lp reported 1.43% stake. Invictus Rg now holds 11,315 shares with a value of $188,000. Shares saw a steep increase in trading volume of 222.23% over the normal average daily volume. EPS breaks down the profitability of the company on a single share basis. The insider, SPEED ROBERT H., now holds 30,000 shares of MTOR. While the company's share hit the 52 week high on 09/11/17 stationing the value of $20.72.

Since May 8, 2017, it had 1 buying transaction, and 0 sales for $99,933 activity. The company's 50-day moving average price is $18.76 and its 200 day moving average price is $17.15. Meritor, has a 52 week low of $9.84 and a 52 week high of $21.49. KeyCorp reissued a "buy" recommendation and given a $23.00 target price on the stock of Meritor in a note on Friday. The average volume of a stock suggests the liquidity of a particular company. (NYSE:MTOR) now have an ABR of 2.29.which is marked on a basic 1 to 5 scale, where 1 stands for a Strong Buy and 5 represents Strong Sell. $99,933 worth of Meritor Inc (NYSE:MTOR) shares were bought by NEWLIN WILLIAM R. Therefore 56% are positive. Meritor had 21 analyst reports since August 14, 2015 according to SRatingsIntel. It has outperformed by 88.01% the S&P500.The move comes after 6 months positive chart setup for the $1.83 billion company. As per Friday, August 14, the company rating was upgraded by Longbow. It shows the cash a company is able to generate after spending the money need to maintain or grow its asset base. The rating was maintained by RBC Capital Markets with "Buy" on Sunday, September 3. Zacks Investment Research raised Meritor from a "hold" rating to a "buy" rating and set a $20.00 target price on the stock in a research note on Tuesday, July 25th. The firm has "Underweight" rating given on Tuesday, June 28 by Piper Jaffray. Stifel Nicolaus fixed a $25.00 target price on the stock of Meritor and issued the company a "buy" recommendation in a study on Wed, Aug 2nd. The rating was maintained by UBS on Thursday, November 12 with "Neutral".

Several institutional investors have recently modified their holdings of MTOR.

Given what the insider ownership patterns are saying, it makes sense to consider the technicals to see if these pieces of information reach the same conclusion about the outlook for MTOR. More interesting news about Meritor Inc (NYSE:MTOR) was released by: Finance.Yahoo.com and their article: "Meritor (MTOR) Well Placed on Business Wins, Investments" with publication date: August 25, 2017.

Meritor, Inc., launched on March 31, 2000, is a supplier of a range of integrated systems, modules and components to original equipment manufacturers (OEMs) and the aftermarket for the commercial vehicle, transportation and industrial sectors.

Meritor, Inc. (MTOR) now the company's industry has 12.28 P/E and the sector P/E is 16.36. he industry's and sector's high P/E for the past year is 138.46 and 33.23 respectively and low P/E ratio for the last 5 years is 5.45 for the industry and 9.92 for the Sector. The Company's divisions include Commercial Truck & Industrial and Aftermarket & Trailer.

Other reports by Click Lancashire

Discuss This Article

FOLLOW OUR NEWSPAPER