Amica Mutual Insurance Company Raised Its Cummins (CMI) Position; Ceco Environmental (CECE) SI Increased By 5.08%

April 17, 2018 - By Marie Mckinney

Cummins Inc. (NYSE:CMI) Logo

Ceco Environmental Corp (NASDAQ:CECE) had an increase of 5.08% in short interest. CECE’s SI was 1.50 million shares in April as released by FINRA. Its up 5.08% from 1.42M shares previously. With 180,800 avg volume, 8 days are for Ceco Environmental Corp (NASDAQ:CECE)’s short sellers to cover CECE’s short positions. The SI to Ceco Environmental Corp’s float is 5.86%. The stock increased 0.86% or $0.04 during the last trading session, reaching $4.69. About 42,830 shares traded. CECO Environmental Corp. (NASDAQ:CECE) has declined 56.72% since April 17, 2017 and is downtrending. It has underperformed by 68.27% the S&P500.

Amica Mutual Insurance Company increased Cummins Inc (CMI) stake by 118.07% reported in 2017Q4 SEC filing. Amica Mutual Insurance Company acquired 9,244 shares as Cummins Inc (CMI)’s stock declined 9.68%. The Amica Mutual Insurance Company holds 17,073 shares with $3.02 million value, up from 7,829 last quarter. Cummins Inc now has $27.65B valuation. The stock increased 0.79% or $1.32 during the last trading session, reaching $167.99. About 302,761 shares traded. Cummins Inc. (NYSE:CMI) has risen 6.07% since April 17, 2017 and is uptrending. It has underperformed by 5.48% the S&P500.

Amica Mutual Insurance Company decreased Eaton Corp Plc (NYSE:ETN) stake by 11,931 shares to 17,680 valued at $1.40 million in 2017Q4. It also reduced Campbell Soup Co (NYSE:CPB) stake by 7,985 shares and now owns 6,943 shares. Johnson Controls International Plc was reduced too.

Investors sentiment increased to 1.27 in Q4 2017. Its up 0.17, from 1.1 in 2017Q3. It is positive, as 47 investors sold CMI shares while 251 reduced holdings. 108 funds opened positions while 271 raised stakes. 131.82 million shares or 0.31% less from 132.23 million shares in 2017Q3 were reported. 9,621 are held by Kentucky Retirement. Regentatlantic Ltd Liability Corp invested 0.05% of its portfolio in Cummins Inc. (NYSE:CMI). Caxton Associate Ltd Partnership holds 7,735 shares. The Japan-based Nomura Holding Inc has invested 0% in Cummins Inc. (NYSE:CMI). Gradient Invests Lc reported 17 shares. Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0.17% in Cummins Inc. (NYSE:CMI). Pennsylvania-based Zeke Advsrs Ltd Liability Co has invested 0.03% in Cummins Inc. (NYSE:CMI). Chevy Chase Holdg stated it has 135,362 shares or 0.1% of all its holdings. Sunbelt Secs accumulated 2,220 shares. Bank holds 0.16% or 8,359 shares in its portfolio. Two Sigma Secs Limited Liability holds 0.01% of its portfolio in Cummins Inc. (NYSE:CMI) for 2,769 shares. Smithfield Tru, a Pennsylvania-based fund reported 163 shares. Pggm Invests reported 196,500 shares. Albert D Mason reported 0.76% in Cummins Inc. (NYSE:CMI). Rothschild Asset Incorporated holds 0.45% or 240,056 shares.

Among 30 analysts covering Cummins (NYSE:CMI), 10 have Buy rating, 1 Sell and 19 Hold. Therefore 33% are positive. Cummins had 105 analyst reports since July 22, 2015 according to SRatingsIntel. On Monday, September 4 the stock rating was maintained by Stifel Nicolaus with “Hold”. On Tuesday, July 11 the stock rating was maintained by Piper Jaffray with “Hold”. Oppenheimer initiated Cummins Inc. (NYSE:CMI) rating on Wednesday, December 6. Oppenheimer has “Buy” rating and $192.0 target. CLSA initiated the shares of CMI in report on Friday, September 30 with “Buy” rating. The rating was maintained by Deutsche Bank with “Sell” on Wednesday, October 12. Bank of America upgraded the stock to “Buy” rating in Friday, January 19 report. The firm earned “Market Perform” rating on Friday, September 25 by William Blair. RBC Capital Markets maintained it with “Hold” rating and $16600 target in Monday, July 10 report. The rating was downgraded by CLSA to “Outperform” on Thursday, December 1. Jefferies maintained it with “Hold” rating and $165.0 target in Friday, October 20 report.

CECO Environmental Corp. provides critical solutions to the environmental, energy, and fluid handling and filtration industries worldwide. The company has market cap of $162.92 million. The firm operates through three divisions: Energy, Environmental, and Fluid Handling and Filtration. It currently has negative earnings. The Energy segment offers gas turbine exhaust systems, dampers and diverters, gas and liquid separation and filtration equipment, selective catalytic reduction and selective non-catalytic reduction systems, acoustical components and silencers, secondary separators, and expansion joints for the power and petrochemical industries.

Investors sentiment increased to 0.91 in Q4 2017. Its up 0.03, from 0.88 in 2017Q3. It increased, as 20 investors sold CECO Environmental Corp. shares while 34 reduced holdings. 21 funds opened positions while 28 raised stakes. 22.39 million shares or 1.39% less from 22.71 million shares in 2017Q3 were reported. Vanguard Gp Inc has 1.26M shares. Prudential Fincl accumulated 0% or 101,760 shares. Los Angeles Management Equity Rech invested 0% of its portfolio in CECO Environmental Corp. (NASDAQ:CECE). Alliancebernstein Limited Partnership holds 0% in CECO Environmental Corp. (NASDAQ:CECE) or 14,300 shares. National Bank & Trust Of Mellon has invested 0% in CECO Environmental Corp. (NASDAQ:CECE). Peak6 Invests L P reported 0% of its portfolio in CECO Environmental Corp. (NASDAQ:CECE). Janney Montgomery Scott Lc owns 0% invested in CECO Environmental Corp. (NASDAQ:CECE) for 31,556 shares. Voya Investment Limited Liability owns 15,660 shares. Citigroup has invested 0% in CECO Environmental Corp. (NASDAQ:CECE). Forward Management owns 3,416 shares. Martingale Asset Mngmt L P reported 123,860 shares or 0.01% of all its holdings. Adirondack & Mngmt stated it has 0.04% of its portfolio in CECO Environmental Corp. (NASDAQ:CECE). Moreover, Bnp Paribas Arbitrage Sa has 0% invested in CECO Environmental Corp. (NASDAQ:CECE) for 8,642 shares. Ameriprise Financial Incorporated, Minnesota-based fund reported 11,037 shares. Indexiq Advsr Ltd Liability Corp reported 134,040 shares or 0.03% of all its holdings.

Since December 14, 2017, it had 1 buying transaction, and 0 insider sales for $19,885 activity. Another trade for 4,100 shares valued at $19,885 was bought by Sadlowski Dennis.

Among 7 analysts covering CECO Environ. (NASDAQ:CECE), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. CECO Environ. had 15 analyst reports since August 7, 2015 according to SRatingsIntel. The company was downgraded on Thursday, November 9 by Needham. Roth Capital maintained CECO Environmental Corp. (NASDAQ:CECE) rating on Friday, March 11. Roth Capital has “Buy” rating and $12 target. Roth Capital downgraded the shares of CECE in report on Thursday, November 9 to “Hold” rating. The firm has “Hold” rating by Zacks given on Wednesday, August 12. The stock has “Buy” rating by Seaport Global on Thursday, January 21. The stock has “Buy” rating by Needham on Thursday, July 6. The stock has “Neutral” rating by Seaport Global on Thursday, November 17. The rating was upgraded by Drexel Hamilton to “Hold” on Friday, August 7. On Friday, August 11 the stock rating was downgraded by William Blair to “Market Perform”. Drexel Hamilton downgraded CECO Environmental Corp. (NASDAQ:CECE) on Friday, March 11 to “Buy” rating.

Cummins Inc. (NYSE:CMI) Institutional Positions Chart

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By1 Marie Mckinney

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