As Louisiana Pacific (LPX) Valuation Declined, Northcoast Asset Management Upped by $505,332 Its Holding; As Expeditors Intl Wash (EXPD) Share Price Declined, Shareholder Tensile Capital Management Has Decreased Position by $1.77 Million

February 15, 2018 - By Evgen Dobrzhanskiy

Douglas Dossey decreased its stake in Expeditors Intl Wash Inc (EXPD) by 4.57% based on its latest 2017Q3 regulatory filing with the SEC. Tensile Capital Management Llc sold 30,000 shares as the company’s stock declined 6.64% while stock markets rallied. The hedge fund run by Douglas Dossey held 626,015 shares of the transportation company at the end of 2017Q3, valued at $37.47M, down from 656,015 at the end of the previous reported quarter. Tensile Capital Management Llc who had been investing in Expeditors Intl Wash Inc for a number of months, seems to be less bullish one the $11.31B market cap company. The stock increased 0.87% or $0.55 during the last trading session, reaching $63.67. About 1.27M shares traded or 15.16% up from the average. Expeditors International of Washington, Inc. (NASDAQ:EXPD) has risen 10.45% since February 15, 2017 and is uptrending. It has underperformed by 6.25% the S&P500.

Northcoast Asset Management Llc increased its stake in Louisiana Pacific (LPX) by 12.17% based on its latest 2017Q3 regulatory filing with the SEC. Northcoast Asset Management Llc bought 18,716 shares as the company’s stock declined 7.61% while stock markets rallied. The institutional investor held 172,547 shares of the forest products company at the end of 2017Q3, valued at $4.67M, up from 153,831 at the end of the previous reported quarter. Northcoast Asset Management Llc who had been investing in Louisiana Pacific for a number of months, seems to be bullish on the $4.36 billion market cap company. The stock decreased 1.25% or $0.38 during the last trading session, reaching $30.07. About 2.81 million shares traded or 60.77% up from the average. Louisiana-Pacific Corporation (NYSE:LPX) has risen 29.07% since February 15, 2017 and is uptrending. It has outperformed by 12.37% the S&P500.

Tensile Capital Management Llc, which manages about $504.77 million and $525.56 million US Long portfolio, upped its stake in Dicks Sporting Goods Inc (NYSE:DKS) by 108,178 shares to 818,178 shares, valued at $22.10M in 2017Q3, according to the filing. It also increased its holding in Transocean Ltd (NYSE:RIG) by 453,200 shares in the quarter, for a total of 1.23 million shares, and has risen its stake in News Corp New (NASDAQ:NWSA).

Among 15 analysts covering Expeditors International of Washington (NASDAQ:EXPD), 3 have Buy rating, 2 Sell and 10 Hold. Therefore 20% are positive. Expeditors International of Washington had 42 analyst reports since August 11, 2015 according to SRatingsIntel. As per Thursday, January 18, the company rating was maintained by Stifel Nicolaus. The firm earned “Market Perform” rating on Wednesday, February 22 by Cowen & Co. Barclays Capital upgraded the shares of EXPD in report on Friday, April 15 to “Overweight” rating. As per Monday, August 31, the company rating was downgraded by Zacks. As per Wednesday, November 8, the company rating was maintained by Cowen & Co. On Thursday, August 4 the stock rating was downgraded by Stifel Nicolaus to “Hold”. On Monday, October 2 the stock rating was maintained by Barclays Capital with “Overweight”. The stock of Expeditors International of Washington, Inc. (NASDAQ:EXPD) has “Equal-Weight” rating given on Monday, April 4 by Stephens. S&P Research maintained Expeditors International of Washington, Inc. (NASDAQ:EXPD) on Tuesday, September 22 with “Buy” rating. Buckingham Research initiated it with “Neutral” rating and $44 target in Tuesday, December 15 report.

Investors sentiment decreased to 1.04 in 2017 Q3. Its down 0.02, from 1.06 in 2017Q2. It is negative, as 29 investors sold EXPD shares while 155 reduced holdings. 43 funds opened positions while 149 raised stakes. 160.89 million shares or 0.51% less from 161.72 million shares in 2017Q2 were reported. Parametric Port Ltd Liability Corporation holds 0.04% or 631,358 shares. Credit Agricole S A holds 200,075 shares or 0.04% of its portfolio. Cleararc Cap holds 0.04% or 4,666 shares. Martingale Asset Mngmt LP invested 0.02% of its portfolio in Expeditors International of Washington, Inc. (NASDAQ:EXPD). Gam Ag invested in 23,189 shares. Liberty Mutual Grp Asset Mgmt holds 0.02% in Expeditors International of Washington, Inc. (NASDAQ:EXPD) or 7,296 shares. Sterling Mngmt Ltd Liability Corporation owns 8,041 shares. Marathon Asset Management Limited Liability Partnership holds 0.4% or 407,848 shares. Ing Groep Nv holds 0.01% or 6,020 shares. Gateway Advisers Limited Liability Corp holds 10,819 shares or 0.01% of its portfolio. 25,090 were reported by Mason Street Advsr Limited Liability Corp. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment Mgmt Corp holds 0.17% of its portfolio in Expeditors International of Washington, Inc. (NASDAQ:EXPD) for 296,000 shares. Cantab Capital Prtn Ltd Liability Partnership owns 16,106 shares for 0.14% of their portfolio. Wellington Management Group Llp has invested 0% in Expeditors International of Washington, Inc. (NASDAQ:EXPD). Loring Wolcott & Coolidge Fiduciary Advisors Ltd Liability Partnership Ma holds 0% of its portfolio in Expeditors International of Washington, Inc. (NASDAQ:EXPD) for 114 shares.

Analysts await Expeditors International of Washington, Inc. (NASDAQ:EXPD) to report earnings on February, 20. They expect $0.64 EPS, up 4.92% or $0.03 from last year’s $0.61 per share. EXPD’s profit will be $113.73M for 24.87 P/E if the $0.64 EPS becomes a reality. After $0.66 actual EPS reported by Expeditors International of Washington, Inc. for the previous quarter, Wall Street now forecasts -3.03% negative EPS growth.

Among 11 analysts covering Louisiana-Pacific (NYSE:LPX), 4 have Buy rating, 1 Sell and 6 Hold. Therefore 36% are positive. Louisiana-Pacific had 32 analyst reports since August 26, 2015 according to SRatingsIntel. The company was maintained on Wednesday, January 10 by Stephens. The stock of Louisiana-Pacific Corporation (NYSE:LPX) has “Hold” rating given on Tuesday, February 13 by Stephens. The firm has “Hold” rating given on Wednesday, July 26 by BMO Capital Markets. Scotia Capital maintained Louisiana-Pacific Corporation (NYSE:LPX) on Tuesday, February 13 with “Hold” rating. The stock of Louisiana-Pacific Corporation (NYSE:LPX) earned “Hold” rating by TD Securities on Friday, October 13. The stock of Louisiana-Pacific Corporation (NYSE:LPX) earned “Hold” rating by BMO Capital Markets on Thursday, June 22. RBC Capital Markets upgraded the shares of LPX in report on Wednesday, November 4 to “Top Pick” rating. The company was maintained on Wednesday, February 14 by BMO Capital Markets. The firm earned “Sell” rating on Thursday, November 9 by BMO Capital Markets. The company was upgraded on Wednesday, January 24 by Bank of America.

Investors sentiment increased to 2.11 in 2017 Q3. Its up 0.06, from 2.05 in 2017Q2. It is positive, as 16 investors sold LPX shares while 65 reduced holdings. 56 funds opened positions while 115 raised stakes. 132.87 million shares or 2.80% more from 129.25 million shares in 2017Q2 were reported. 180,852 are held by Federated Invsts Pa. Carroll Fincl Assoc Inc has 0% invested in Louisiana-Pacific Corporation (NYSE:LPX). Louisiana State Employees Retirement System holds 0.05% or 38,700 shares in its portfolio. Principal Finance Group Incorporated Incorporated holds 0.02% or 704,118 shares. Retail Bank Of New York Mellon has invested 0.03% in Louisiana-Pacific Corporation (NYSE:LPX). Vident Investment Advisory Ltd Limited Liability Company holds 101,909 shares or 0.15% of its portfolio. Janney Montgomery Scott Ltd Limited Liability Company reported 8,274 shares. New York State Teachers Retirement reported 268,745 shares. J Goldman Co LP stated it has 0.13% of its portfolio in Louisiana-Pacific Corporation (NYSE:LPX). Systematic Fincl Mngmt Ltd Partnership, a New Jersey-based fund reported 57,125 shares. First Midwest Retail Bank Division holds 0.07% or 19,820 shares in its portfolio. New York-based Clearbridge Lc has invested 0% in Louisiana-Pacific Corporation (NYSE:LPX). Qs Invsts Ltd Liability Com, a New York-based fund reported 456 shares. California State Teachers Retirement Systems owns 233,075 shares. Prudential Fincl invested in 2.07M shares or 0.09% of the stock.

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