Other hedge funds and other institutional investors also recently made changes to their positions in the company.
Hap Trading Llc increased its stake in Goodyear Tire & Rubr Co (GT) by 1036.18% based on its latest 2017Q2 regulatory filing with the SEC. The Wellington Management Group Llp holds 6.58 million shares with $229.94 million value, down from 7.44M last quarter. APG Asset Management N.V. raised its position in Goodyear Tire & Rubber Co by 112.4% in the third quarter. The rating was maintained by Deutsche Bank with "Hold" on Monday, August 7.
Cooper Tire & Rubber Company may be a good fit for your portfolio or it may not, but at least you have a better understanding of the Rubber & Plastics industry, which can help you later on down the road. The 1 year EPS growth rate is 199.50%. Goldman Sachs Group, Inc. The average true range is typically based on 14 periods and may be calculated daily, weekly, monthly, or intraday. The Firm specializes in the design, manufacture, marketing and sales of passenger vehicle, light truck, medium truck, motorcycle, and racing tires. The forecast of 3 surveyed investment analysts covering the stock advises investors to Buy stake in the company.
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Shares of Goodyear Tire & Rubber Co (NASDAQ:GT) traded up 0.28% during mid-day trading on Monday, reaching $31.82. The stock decreased 0.09% or $0.03 during the last trading session, reaching $32.99. Current trade price levels places GT's stock about -11.24% away from the 52-week high and closed 23.12% away from the 52-week low. California-based Hotchkis Wiley Cap Management Ltd Company has invested 0.95% in Goodyear Tire & Rubber Co (NASDAQ:GT).
The market capitalization (Stock Price Multiply by Total Number of Outstanding Shares) for the company is reported at $8.36B. Presently, the 14-day ATR for Goodyear Tire Rubber (GT) is spotted at 0.56. The Goodyear Tire & Rubber had a net margin of 7.95% and a return on equity of 18.94%. KeyCorp also issued estimates for Cooper Tire & Rubber's FY2017 earnings at $3.41 EPS. The stock ended last trade at $32.99 a share and the price is up more than 6.87% so far this year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, June 1st. Investors of record on Wednesday, November 1st will be issued a $0.14 dividend. The ex-dividend date of this dividend is Thursday, April 27th. This represents a $0.42 dividend on an annualized basis and a yield of 1.14%. Sg Americas Llc has 0.01% invested in Cooper Tire & Rubber Co (NYSE:CTB). Zacks Investment Research downgraded shares of Cooper Tire & Rubber from a "hold" rating to a "sell" rating in a report on Tuesday. The stock is a Buy among 8 brokerage firms polled by Factset Research. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a specific period of time. Finally, BidaskClub upgraded The Goodyear Tire & Rubber from a "strong sell" rating to a "sell" rating in a research report on Wednesday, September 13th. At present, 0 analysts call it Sell, while 4 think it is Hold. Investors often use this ratio to evaluate what a stock's fair market value should be by predicting future earnings per share. The shares were sold at an average price of $36.89, for a total value of $174,157.69. They now have a United States dollars 33 price target on the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. A move above 70 is widely considered to show the stock as overbought, and a move below 30 would indicate that the stock may be oversold. Price-to-earnings ratio (P/E) looks at the relationship between a company's stock price and its earnings. Insiders contain to comply with strict disclosure requirements with regard to the sale or purchase of the shares of their company. Exane Derivatives now owns 4,098 shares of the company's stock worth $143,000 after acquiring an additional 4,096 shares during the last quarter.
02/10/2016 - The Goodyear Tire & Rubber Company had its "outperform" rating reiterated by analysts at CLSA. The Company's divisions include Commercial Trailer Products; Diversified Products, and Corporate and Eliminations segment. The Americas segment manufactures and sells tires for automobiles, trucks, buses, earthmoving, mining and industrial equipment, aircraft and for various other applications. It improved, as 47 investors sold GT shares while 141 reduced holdings.