Reinhart Partners Has Lifted Snap (SNA) Holding; Raven Industries (RAVN)’s Sentiment Is 1.06

May 18, 2018 - By Vivian Park

Raven Industries, Inc. (NASDAQ:RAVN) Logo

Reinhart Partners Inc increased Snap (SNA) stake by 12.59% reported in 2017Q4 SEC filing. Reinhart Partners Inc acquired 15,333 shares as Snap (SNA)’s stock declined 16.21%. The Reinhart Partners Inc holds 137,091 shares with $23.90 million value, up from 121,758 last quarter. Snap now has $8.59B valuation. The stock increased 0.71% or $1.07 during the last trading session, reaching $151.83. About 389,926 shares traded. Snap-on Incorporated (NYSE:SNA) has declined 11.24% since May 18, 2017 and is downtrending. It has underperformed by 22.79% the S&P500.

Raven Industries Inc (RAVN) investors sentiment decreased to 1.06 in 2017 Q4. It’s down -0.10, from 1.16 in 2017Q3. The ratio dived, as 70 investment professionals opened new and increased holdings, while 66 cut down and sold their positions in Raven Industries Inc. The investment professionals in our database now hold: 25.24 million shares, down from 25.49 million shares in 2017Q3. Also, the number of investment professionals holding Raven Industries Inc in top ten holdings was flat from 1 to 1 for the same number . Sold All: 14 Reduced: 52 Increased: 43 New Position: 27.

Diversified Investment Strategies Llc holds 2.48% of its portfolio in Raven Industries, Inc. for 79,685 shares. Profit Investment Management Llc owns 58,915 shares or 1.55% of their US portfolio. Moreover, Garrison Financial Corp has 1.53% invested in the company for 85,055 shares. The Georgia-based Vident Investment Advisory Llc has invested 1.48% in the stock. First National Bank Sioux Falls, a South Dakota-based fund reported 9,197 shares.

Since January 1, 0001, it had 1 buy, and 0 insider sales for $114,943 activity.

More important recent Raven Industries, Inc. (NASDAQ:RAVN) news were published by: Globenewswire.com which released: “Raven Industries Reports Strong First Quarter Fiscal 2019 Results” on May 17, 2018, also Globenewswire.com published article titled: “Raven Industries Renames Subsidiary”, Benzinga.com published: “Earnings Scheduled For May 17, 2018” on May 17, 2018. More interesting news about Raven Industries, Inc. (NASDAQ:RAVN) was released by: Nasdaq.com and their article: “Raven Industries Announces Conference Call to Discuss First Quarter Fiscal 2019 Results” with publication date: May 11, 2018.

The stock increased 2.43% or $1 during the last trading session, reaching $42.15. About 143,942 shares traded or 1.92% up from the average. Raven Industries, Inc. (RAVN) has risen 18.49% since May 18, 2017 and is uptrending. It has outperformed by 6.94% the S&P500.

Ratings analysis reveals 50% of Raven Industries’s analysts are positive. Out of 2 Wall Street analysts rating Raven Industries, 1 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. RAVN was included in 2 notes of analysts from December 15, 2016. Dougherty & Company upgraded it to “Buy” rating and $32.0 target in Friday, February 17 report. The firm has “Neutral” rating given on Thursday, December 15 by Piper Jaffray.

Raven Industries, Inc., together with its subsidiaries, provides various products to clients in the industrial, agricultural, energy, construction, and aerospace/defense markets worldwide. The company has market cap of $1.51 billion. It operates in three divisions: Applied Technology, Engineered Films, and Aerostar. It has a 37.3 P/E ratio. The Applied Technology segment designs, makes, sells, and services precision agriculture products and information management tools that enable growers to enhance farm yields.

Among 10 analysts covering Snap-on (NYSE:SNA), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. Snap-on had 33 analyst reports since August 20, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Monday, January 29 by Robert W. Baird. The stock of Snap-on Incorporated (NYSE:SNA) earned “Outperform” rating by IBC on Thursday, April 13. Oppenheimer maintained the shares of SNA in report on Sunday, June 11 with “Buy” rating. The rating was maintained by Jefferies with “Hold” on Tuesday, August 15. The stock of Snap-on Incorporated (NYSE:SNA) has “Buy” rating given on Thursday, February 8 by Robert W. Baird. The firm has “Buy” rating given on Friday, February 9 by Northcoast. The stock has “Buy” rating by Wunderlich on Friday, February 3. The rating was maintained by Oppenheimer on Wednesday, April 12 with “Outperform”. Oppenheimer maintained the stock with “Buy” rating in Tuesday, May 30 report. Robert W. Baird maintained the stock with “Buy” rating in Friday, November 10 report.

Reinhart Partners Inc decreased Fifth Third Bancorp Com (NASDAQ:FITB) stake by 10,657 shares to 727,674 valued at $22.08M in 2017Q4. It also reduced Aramark (NYSE:ARMK) stake by 218,863 shares and now owns 192,347 shares. Spirit Aerosys Hldgs I Com Cl (NYSE:SPR) was reduced too.

Since February 15, 2018, it had 0 insider purchases, and 3 selling transactions for $16.44 million activity. $918,460 worth of stock was sold by Ward Thomas J on Thursday, February 15. KASSOUF THOMAS L. also sold $15.40 million worth of Snap-on Incorporated (NYSE:SNA) on Monday, February 26. JONES NATHAN J sold $125,750 worth of stock.

More recent Snap-on Incorporated (NYSE:SNA) news were published by: Seekingalpha.com which released: “Snap-On Has Arrived In Bargain Territory” on May 06, 2018. Also Businesswire.com published the news titled: “Glancy Prongay & Murray LLP Continues Investigation on Behalf of Snap-on Incorporated Investors (SNA)” on May 17, 2018. Seekingalpha.com‘s news article titled: “Snap-On (SNA) CEO Nicholas Pinchuk on Q1 2018 Results – Earnings Call Transcript” with publication date: April 19, 2018 was also an interesting one.

Raven Industries, Inc. (NASDAQ:RAVN) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By1 Vivian Park

Automatic Stock Updates

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: