$1.01 EPS Expected for BorgWarner Inc. (BWA); Ellington Management Group Has Lifted Its Ak Stl Hldg (AKS) Position

January 18, 2018 - By wolcottdaily

Analysts expect BorgWarner Inc. (NYSE:BWA) to report $1.01 EPS on February, 8.They anticipate $0.16 EPS change or 18.82% from last quarter’s $0.85 EPS. BWA’s profit would be $212.95M giving it 14.33 P/E if the $1.01 EPS is correct. After having $0.95 EPS previously, BorgWarner Inc.’s analysts see 6.32% EPS growth. The stock increased 2.82% or $1.59 during the last trading session, reaching $57.91. About 2.02 million shares traded or 42.87% up from the average. BorgWarner Inc. (NYSE:BWA) has risen 25.00% since January 18, 2017 and is uptrending. It has outperformed by 8.30% the S&P500.

Ellington Management Group Llc increased Ak Stl Hldg Corp (AKS) stake by 643.84% reported in 2017Q3 SEC filing. Ellington Management Group Llc acquired 94,000 shares as Ak Stl Hldg Corp (AKS)’s stock declined 37.22%. The Ellington Management Group Llc holds 108,600 shares with $607,000 value, up from 14,600 last quarter. Ak Stl Hldg Corp now has $2.09B valuation. The stock increased 4.56% or $0.29 during the last trading session, reaching $6.65. About 28.13M shares traded or 55.36% up from the average. AK Steel Holding Corporation (NYSE:AKS) has risen 58.12% since January 18, 2017 and is uptrending. It has outperformed by 41.42% the S&P500.

Investors sentiment decreased to 0.83 in Q3 2017. Its down 0.49, from 1.32 in 2017Q2. It is negative, as 40 investors sold AKS shares while 80 reduced holdings. 39 funds opened positions while 61 raised stakes. 197.43 million shares or 12.04% less from 224.47 million shares in 2017Q2 were reported. Citadel Advsr reported 263,191 shares. Secor Lp has 412,985 shares for 0.22% of their portfolio. Stevens Capital Management Ltd Partnership accumulated 0.02% or 87,211 shares. Dc Cap Advsrs Limited holds 4.43% or 1.20M shares in its portfolio. Canada Pension Plan Investment Board accumulated 99,400 shares or 0% of the stock. Raymond James Financial Service Advsr invested 0% in AK Steel Holding Corporation (NYSE:AKS). Moreover, Glob X Ltd Liability Corp has 0% invested in AK Steel Holding Corporation (NYSE:AKS). Stifel has 0% invested in AK Steel Holding Corporation (NYSE:AKS). Parkside Fin Savings Bank accumulated 197 shares. Lpl Ltd Liability, a California-based fund reported 44,028 shares. Ellington Gru invested in 0.1% or 108,600 shares. Virtu Fin holds 47,972 shares. Jane Street Gp Limited Liability Corp holds 0% or 146,097 shares in its portfolio. Balyasny Asset Mgmt Ltd Limited Liability Company stated it has 0.02% in AK Steel Holding Corporation (NYSE:AKS). Globeflex LP invested 0.12% in AK Steel Holding Corporation (NYSE:AKS).

Among 20 analysts covering AK Steel Holding Corporation (NYSE:AKS), 9 have Buy rating, 1 Sell and 10 Hold. Therefore 45% are positive. AK Steel Holding Corporation had 78 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Wednesday, July 27 by Jefferies. The company was maintained on Thursday, April 27 by Cowen & Co. Credit Suisse downgraded it to “Neutral” rating and $9 target in Thursday, January 12 report. The firm has “Buy” rating by Bank of America given on Wednesday, October 26. On Monday, June 26 the stock rating was maintained by Jefferies with “Buy”. Barclays Capital maintained it with “Equal-Weight” rating and $2 target in Tuesday, January 12 report. The company was downgraded on Thursday, January 19 by Citigroup. On Thursday, July 27 the stock rating was maintained by Jefferies with “Buy”. The firm has “Sell” rating by UBS given on Friday, April 8. As per Thursday, January 4, the company rating was maintained by Cowen & Co.

Ellington Management Group Llc decreased Nutri Sys Inc New (NASDAQ:NTRI) stake by 19,600 shares to 30,100 valued at $1.68 million in 2017Q3. It also reduced American Axle & Mfg Hldgs In (NYSE:AXL) stake by 51,599 shares and now owns 27,527 shares. Edgewell Pers Care Co was reduced too.

Among 23 analysts covering Borgwarner Inc. (NYSE:BWA), 6 have Buy rating, 4 Sell and 13 Hold. Therefore 26% are positive. Borgwarner Inc. had 68 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has “Buy” rating by Goldman Sachs given on Wednesday, November 18. The company was maintained on Monday, January 8 by Guggenheim. Susquehanna maintained the shares of BWA in report on Thursday, August 27 with “Positive” rating. The stock of BorgWarner Inc. (NYSE:BWA) has “Hold” rating given on Tuesday, June 20 by RBC Capital Markets. The stock has “Hold” rating by RBC Capital Markets on Thursday, July 27. The firm earned “Neutral” rating on Thursday, October 19 by Buckingham Research. Citigroup maintained BorgWarner Inc. (NYSE:BWA) rating on Monday, October 30. Citigroup has “Neutral” rating and $54 target. On Tuesday, August 9 the stock rating was initiated by Seaport Global with “Neutral”. The rating was downgraded by Wells Fargo on Monday, December 19 to “Market Perform”. The firm has “Underweight” rating by Morgan Stanley given on Monday, October 19.

Since August 16, 2017, it had 0 insider purchases, and 4 sales for $2.73 million activity. $73,295 worth of BorgWarner Inc. (NYSE:BWA) was sold by Wiegert Joel on Monday, December 18. Ericson Brady D had sold 11,052 shares worth $501,531 on Wednesday, August 16. Another trade for 3,000 shares valued at $134,985 was made by CALAWAY TONIT M on Tuesday, August 22. Another trade for 38,409 shares valued at $2.02 million was made by GASPAROVIC JOHN J on Monday, December 18.

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