Alamo Group Inc. (ALG) Forms $112.83 Double Top; Under Armour (UAA) SI Decreased By 3.25%

February 19, 2018 - By Winifred Garcia

Under Armour Incorporated (NYSE:UAA) had a decrease of 3.25% in short interest. UAA’s SI was 53.51 million shares in February as released by FINRA. Its down 3.25% from 55.31 million shares previously. With 5.05M avg volume, 11 days are for Under Armour Incorporated (NYSE:UAA)’s short sellers to cover UAA’s short positions. The stock decreased 5.70% or $1.05 during the last trading session, reaching $17.36. About 13.76M shares traded or 97.82% up from the average. Under Armour, Inc. (NYSE:UAA) has declined 48.99% since February 19, 2017 and is downtrending. It has underperformed by 65.69% the S&P500.

Alamo Group Inc. (ALG) formed double top with $118.47 target or 5.00% above today’s $112.83 share price. Alamo Group Inc. (ALG) has $1.31B valuation. The stock increased 0.25% or $0.28 during the last trading session, reaching $112.83. About 63,113 shares traded or 8.03% up from the average. Alamo Group Inc. (NYSE:ALG) has risen 46.10% since February 19, 2017 and is uptrending. It has outperformed by 29.40% the S&P500.

Investors sentiment decreased to 1.14 in Q3 2017. Its down 0.44, from 1.58 in 2017Q2. It is negative, as 17 investors sold Alamo Group Inc. shares while 42 reduced holdings. 22 funds opened positions while 45 raised stakes. 10.66 million shares or 2.70% more from 10.38 million shares in 2017Q2 were reported. Secor L P has 0.14% invested in Alamo Group Inc. (NYSE:ALG) for 14,147 shares. Tiaa Cref Investment Mngmt reported 0% of its portfolio in Alamo Group Inc. (NYSE:ALG). Morgan Stanley reported 0% stake. D E Shaw holds 0% of its portfolio in Alamo Group Inc. (NYSE:ALG) for 3,381 shares. Wells Fargo & Mn holds 0% or 16,936 shares in its portfolio. Company Financial Bank owns 3,945 shares. Longview Asset Mngmt Limited Liability Corporation holds 2.41% or 1.70 million shares in its portfolio. Ls Limited holds 0% of its portfolio in Alamo Group Inc. (NYSE:ALG) for 352 shares. Legal And General Group Inc Public Ltd Company owns 0% invested in Alamo Group Inc. (NYSE:ALG) for 17,292 shares. Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 0% of its portfolio in Alamo Group Inc. (NYSE:ALG). Martingale Asset Mngmt Ltd Partnership has invested 0.07% of its portfolio in Alamo Group Inc. (NYSE:ALG). North Star Invest Corp owns 24,039 shares or 0.33% of their US portfolio. Hutchin Hill Cap L P reported 7,500 shares. Hancock Hldgs has 0.62% invested in Alamo Group Inc. (NYSE:ALG) for 135,700 shares. Zacks Investment Management holds 24,944 shares or 0.06% of its portfolio.

Among 4 analysts covering Alamo Group (NYSE:ALG), 1 have Buy rating, 1 Sell and 2 Hold. Therefore 25% are positive. Alamo Group had 6 analyst reports since October 9, 2015 according to SRatingsIntel. The company was downgraded on Friday, November 6 by Seaport Global Securities. Bank of America downgraded Alamo Group Inc. (NYSE:ALG) on Friday, October 9 to “Underperform” rating. The company was maintained on Monday, July 24 by Piper Jaffray. The firm has “Buy” rating by Piper Jaffray given on Friday, September 29. The firm earned “Hold” rating on Thursday, January 18 by Seaport Global. On Friday, August 25 the stock rating was maintained by Piper Jaffray with “Buy”.

Since September 1, 2017, it had 0 buys, and 2 selling transactions for $426,206 activity. $33,558 worth of Alamo Group Inc. (NYSE:ALG) shares were sold by Raborn Richard Hodges. Another trade for 4,000 shares valued at $392,648 was made by DAVIES GEOFF on Monday, September 18.

Analysts await Alamo Group Inc. (NYSE:ALG) to report earnings on March, 6. They expect $0.98 earnings per share, up 20.99% or $0.17 from last year’s $0.81 per share. ALG’s profit will be $11.40M for 28.78 P/E if the $0.98 EPS becomes a reality. After $1.40 actual earnings per share reported by Alamo Group Inc. for the previous quarter, Wall Street now forecasts -30.00% negative EPS growth.

Among 12 analysts covering Under Armour (NYSE:UAA), 2 have Buy rating, 4 Sell and 6 Hold. Therefore 17% are positive. Under Armour had 14 analyst reports since March 24, 2017 according to SRatingsIntel. As per Friday, June 16, the company rating was maintained by Credit Suisse. Nomura maintained Under Armour, Inc. (NYSE:UAA) on Friday, November 10 with “Reduce” rating. The firm earned “Hold” rating on Wednesday, November 1 by Suntrust Robinson. The stock of Under Armour, Inc. (NYSE:UAA) earned “Neutral” rating by Susquehanna on Tuesday, November 7. The firm has “Neutral” rating by UBS given on Friday, April 28. Stifel Nicolaus upgraded it to “Buy” rating and $17 target in Friday, December 15 report. Instinet maintained the shares of UAA in report on Wednesday, April 26 with “Reduce” rating. The rating was initiated by Wedbush with “Neutral” on Wednesday, April 12. The firm has “Hold” rating given on Tuesday, October 17 by Stifel Nicolaus. Piper Jaffray maintained it with “Neutral” rating and $17 target in Wednesday, April 12 report.

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