Agf Investments America Trimmed Trex Co. (TREX) Position By $1.35 Million; Arts Way Mfg Company (ARTW) Shorts Raised By 966.67%

September 2, 2017 - By Migdalia James

Agf Investments America Inc decreased Trex Co. Inc. (TREX) stake by 16.84% reported in 2016Q4 SEC filing. Agf Investments America Inc sold 21,168 shares as Trex Co. Inc. (TREX)’s stock declined 9.07%. The Agf Investments America Inc holds 104,567 shares with $6.73M value, down from 125,735 last quarter. Trex Co. Inc. now has $2.26 billion valuation. The stock increased 0.61% or $0.46 on September 1, reaching $76.46. About 92,231 shares traded. Trex Company Inc (NYSE:TREX) has risen 51.54% since September 2, 2016 and is uptrending. It has outperformed by 34.84% the S&P500.

Arts Way Mfg Company (NASDAQ:ARTW) had an increase of 966.67% in short interest. ARTW’s SI was 9,600 shares in September as released by FINRA. Its up 966.67% from 900 shares previously. With 11,700 avg volume, 1 days are for Arts Way Mfg Company (NASDAQ:ARTW)’s short sellers to cover ARTW’s short positions. The SI to Arts Way Mfg Company’s float is 0.47%. The stock increased 4.76% or $0.1 on September 1, reaching $2.2. About 569 shares traded. Arts-Way Manufacturing Co. Inc. (NASDAQ:ARTW) has risen 5.35% since September 2, 2016 and is uptrending. It has underperformed by 11.35% the S&P500.

Since March 31, 2017, it had 1 buy, and 3 sales for $1.33 million activity. Shares for $1,312 were bought by SCRIPTER JAY T on Friday, March 31. Cline James E had sold 15,000 shares worth $974,967. Gupp William R. also sold $226,745 worth of Trex Company Inc (NYSE:TREX) on Wednesday, May 10. MERLOTTI FRANK H JR also sold $131,257 worth of Trex Company Inc (NYSE:TREX) on Tuesday, May 16.

Agf Investments America Inc increased Equinix Inc. Reit (NASDAQ:EQIX) stake by 3,367 shares to 13,780 valued at $4.93 million in 2016Q4. It also upped Wabtec Corp. (NYSE:WAB) stake by 37,110 shares and now owns 44,523 shares. Amphenol Corp. (NYSE:APH) was raised too.

Investors sentiment increased to 1.24 in 2016 Q4. Its up 0.28, from 0.96 in 2016Q3. It is positive, as 25 investors sold TREX shares while 75 reduced holdings. 38 funds opened positions while 64 raised stakes. 26.90 million shares or 2.19% less from 27.51 million shares in 2016Q3 were reported. Citigroup stated it has 58,302 shares. Guggenheim Capital Ltd Liability reported 41,472 shares. Meritage Port holds 0.61% or 86,835 shares. Creative Planning holds 0% or 5,137 shares in its portfolio. Invesco invested in 0.01% or 583,436 shares. Kalmar Invs De holds 486,427 shares. Vanguard Group Inc Inc holds 0.01% or 3.05M shares in its portfolio. Osterweis Cap Mgmt Inc owns 37,329 shares for 0.17% of their portfolio. Spark Ltd Liability Com accumulated 3,800 shares. Boothbay Fund Management Llc reported 0.07% stake. Oxford Asset Mngmt reported 34,932 shares or 0.11% of all its holdings. Moreover, Tower Research Capital Limited Liability Corporation (Trc) has 0.01% invested in Trex Company Inc (NYSE:TREX) for 818 shares. Brown Advisory owns 5,774 shares or 0% of their US portfolio. Ameriprise Financial invested in 0.02% or 507,307 shares. 57,000 were accumulated by Prudential.

Among 7 analysts covering Trex Co (NYSE:TREX), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. Trex Co had 14 analyst reports since September 24, 2015 according to SRatingsIntel. The firm has “Outperform” rating by Wedbush given on Thursday, September 24. As per Thursday, October 1, the company rating was upgraded by CLSA. Stifel Nicolaus maintained Trex Company Inc (NYSE:TREX) on Tuesday, August 1 with “Hold” rating. The stock of Trex Company Inc (NYSE:TREX) earned “Neutral” rating by Wedbush on Wednesday, October 19. The firm earned “Strong Buy” rating on Thursday, October 1 by CL King. The firm has “Buy” rating given on Wednesday, October 28 by CL King. The stock has “Neutral” rating by Seaport Global Securities on Tuesday, November 22. The rating was upgraded by Seaport Global to “Buy” on Thursday, June 1. Stifel Nicolaus maintained Trex Company Inc (NYSE:TREX) rating on Wednesday, November 9. Stifel Nicolaus has “Hold” rating and $58 target. The company was downgraded on Tuesday, November 22 by FBR Capital.

Investors sentiment decreased to 0.67 in 2016 Q4. Its down 0.33, from 1 in 2016Q3. It is negative, as 2 investors sold Arts-Way Manufacturing Co. Inc. shares while 0 reduced holdings. 1 funds opened positions while 1 raised stakes. 97,476 shares or 59.08% more from 61,274 shares in 2016Q3 were reported. Blackrock Fund Advsr reported 304 shares or 0% of all its holdings. Vanguard Group Inc holds 16,165 shares or 0% of its portfolio. Asset Advsrs Corp holds 0.01% of its portfolio in Arts-Way Manufacturing Co. Inc. (NASDAQ:ARTW) for 10,000 shares. Grt Capital Prtnrs Ltd owns 31,202 shares. Shufro Rose And Lc holds 17,775 shares or 0.01% of its portfolio. Manufacturers Life Insurance The has invested 0% in Arts-Way Manufacturing Co. Inc. (NASDAQ:ARTW). Wells Fargo & Co Mn holds 0% in Arts-Way Manufacturing Co. Inc. (NASDAQ:ARTW) or 1 shares. Morgan Stanley holds 0% in Arts-Way Manufacturing Co. Inc. (NASDAQ:ARTW) or 600 shares. 20,517 are held by National Bank Of Mellon.