Meritor, Inc. (MTOR) Reaches $25.60 After 3.00% Down Move; Last Week OGE Energy Corp. (OGE) Coverage

February 15, 2018 - By Neil V. Hobbs

Among 11 analysts covering OGE Energy (NYSE:OGE), 2 have Buy rating, 0 Sell and 9 Hold. Therefore 18% are positive. OGE Energy had 22 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of OGE Energy Corp. (NYSE:OGE) earned “Hold” rating by Goldman Sachs on Thursday, July 20. The firm has “Hold” rating by Jefferies given on Wednesday, September 27. The firm has “Hold” rating by Wunderlich given on Friday, November 6. The company was downgraded on Wednesday, December 27 by Edward Jones. The firm has “Hold” rating by Jefferies given on Friday, August 4. The firm earned “Market Perform” rating on Friday, October 6 by Wells Fargo. The rating was maintained by Jefferies with “Hold” on Friday, June 9. The firm earned “Hold” rating on Monday, April 11 by Argus Research. The firm earned “Equal-Weight” rating on Friday, March 18 by Barclays Capital. Jefferies maintained it with “Hold” rating and $32.50 target in Friday, August 14 report. See OGE Energy Corp. (NYSE:OGE) latest ratings:

02/02/2018 Broker: UBS Rating: Neutral New Target: $33 Initiates Coverage On
18/01/2018 Broker: Bank of America Rating: Hold Upgrade
10/01/2018 Broker: Goldman Sachs Rating: Buy New Target: $38.0 Upgrade
27/12/2017 Broker: Edward Jones Old Rating: Buy New Rating: Hold Downgrade
24/10/2017 Broker: Bank of America Rating: Sell New Target: $37.0 Initiate
18/10/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
06/10/2017 Broker: Wells Fargo Old Rating: Outperform New Rating: Market Perform Downgrade
27/09/2017 Broker: Jefferies Rating: Hold New Target: $37.0 Maintain

The stock of Meritor, Inc. (NYSE:MTOR) is a huge mover today! The stock decreased 2.33% or $0.61 during the last trading session, reaching $25.6. About 680,542 shares traded. Meritor, Inc. (NYSE:MTOR) has risen 104.71% since February 15, 2017 and is uptrending. It has outperformed by 88.01% the S&P500.The move comes after 5 months negative chart setup for the $2.28 billion company. It was reported on Feb, 15 by Barchart.com. We have $24.83 PT which if reached, will make NYSE:MTOR worth $68.49 million less.

OGE Energy Corp., together with its subsidiaries, operates as an energy and energy services well-known provider that offers physical delivery and related services for electricity and natural gas primarily in the south central United States. The company has market cap of $6.19 billion. The firm operates in two divisions, Electric Utility and Natural Gas Midstream Operations. It has a 16.22 P/E ratio. The Electric Utility segment generates, transmits, distributes, and sells electric energy in Oklahoma and western Arkansas.

The stock increased 0.64% or $0.1962 during the last trading session, reaching $30.9762. About 222,788 shares traded. OGE Energy Corp. (NYSE:OGE) has risen 12.79% since February 15, 2017 and is uptrending. It has underperformed by 3.91% the S&P500.

Investors sentiment increased to 1 in 2017 Q3. Its up 0.16, from 0.84 in 2017Q2. It increased, as 22 investors sold OGE Energy Corp. shares while 110 reduced holdings. 33 funds opened positions while 99 raised stakes. 123.28 million shares or 0.34% less from 123.70 million shares in 2017Q2 were reported. United Financial Advisers Limited Liability owns 0.01% invested in OGE Energy Corp. (NYSE:OGE) for 34,451 shares. Arizona State Retirement Sys has 0.05% invested in OGE Energy Corp. (NYSE:OGE) for 113,164 shares. Vantage Investment Advsrs reported 1,096 shares or 0.01% of all its holdings. Federated Inc Pa reported 108,169 shares. State Of Tennessee Treasury Department holds 270,300 shares or 0.05% of its portfolio. Cadence Cap Limited Liability Company has 13,303 shares. Riverhead Cap Ltd Liability owns 19,391 shares for 0.03% of their portfolio. Brandywine Global Inv Mngmt Ltd Liability Corporation stated it has 0.04% of its portfolio in OGE Energy Corp. (NYSE:OGE). Vanguard Grp Inc invested in 17.95M shares or 0.03% of the stock. Motley Fool Wealth Mgmt Ltd invested in 0.02% or 6,107 shares. Nationwide Fund Advisors reported 578,524 shares. Victory Capital has invested 0.03% in OGE Energy Corp. (NYSE:OGE). Ahl Prtn Llp holds 50,861 shares or 0.03% of its portfolio. Quantitative Ltd Liability Company holds 0.04% or 86,900 shares in its portfolio. Jones Fincl Lllp invested in 0% or 6,422 shares.

Investors sentiment increased to 1.78 in Q3 2017. Its up 0.66, from 1.12 in 2017Q2. It improved, as 14 investors sold Meritor, Inc. shares while 53 reduced holdings. 65 funds opened positions while 54 raised stakes. 83.56 million shares or 2.18% more from 81.78 million shares in 2017Q2 were reported. Legal & General Plc holds 0% or 113,108 shares. Panagora Asset Mgmt stated it has 481,074 shares or 0.05% of all its holdings. Rothschild Asset Mngmt stated it has 0.42% in Meritor, Inc. (NYSE:MTOR). Illinois-based Citadel Advisors Ltd Liability Co has invested 0% in Meritor, Inc. (NYSE:MTOR). Engineers Gate Manager Ltd Partnership holds 0.23% or 105,596 shares. Cornerstone Advisors Incorporated, Washington-based fund reported 59 shares. International Incorporated holds 0.01% or 56,176 shares in its portfolio. Two Sigma Ltd Limited Liability Company stated it has 13,134 shares. The Pennsylvania-based Nationwide Fund Advsrs has invested 0.02% in Meritor, Inc. (NYSE:MTOR). Mckinley Capital Management Ltd Liability Company Delaware, a Unknown-based fund reported 653,849 shares. Peak6 Invests L P owns 0% invested in Meritor, Inc. (NYSE:MTOR) for 3,155 shares. 265 were accumulated by Pnc Fincl Services Gru. Lsv Asset Mngmt, Illinois-based fund reported 4.58M shares. Envestnet Asset Mgmt has invested 0% in Meritor, Inc. (NYSE:MTOR). Hennessy Inc has 0.2% invested in Meritor, Inc. (NYSE:MTOR) for 243,900 shares.

Since December 11, 2017, it had 0 insider buys, and 5 selling transactions for $4.04 million activity. Another trade for 50,000 shares valued at $1.45 million was made by Nowlan Kevin on Friday, February 2. Villavarayan Chris sold $94,113 worth of stock. $523,009 worth of Meritor, Inc. (NYSE:MTOR) was sold by Craig Jeffrey A.

Meritor, Inc. designs, develops, manufactures, markets, distributes, sells, services, and supports integrated systems, modules, and components to original equipment manufacturers and the aftermarket for the commercial vehicle, transportation, and industrial sectors worldwide. The company has market cap of $2.28 billion. It operates through two divisions, Commercial Truck & Industrial; and Aftermarket & Trailer. It has a 8.49 P/E ratio. The Commercial Truck & Industrial segment supplies drivetrain systems and components, including axles, drivelines, and braking and suspension systems primarily for medium-and heavy-duty trucks, off-highway, military, construction, bus and coach, fire and emergency, and other applications.

Among 11 analysts covering Meritor (NYSE:MTOR), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. Meritor had 45 analyst reports since August 14, 2015 according to SRatingsIntel. Buckingham Research maintained the shares of MTOR in report on Thursday, February 1 with “Buy” rating. Barclays Capital maintained Meritor, Inc. (NYSE:MTOR) rating on Thursday, February 1. Barclays Capital has “Equal-Weight” rating and $27 target. Barclays Capital maintained it with “Equal-Weight” rating and $17 target in Friday, August 4 report. The stock of Meritor, Inc. (NYSE:MTOR) earned “Sector Weight” rating by KeyBanc Capital Markets on Thursday, September 28. The firm earned “Buy” rating on Tuesday, September 19 by KeyBanc Capital Markets. The firm earned “Equal-Weight” rating on Friday, October 20 by Barclays Capital. The rating was maintained by Stifel Nicolaus with “Buy” on Monday, September 11. The firm has “Neutral” rating by UBS given on Thursday, November 12. The company was upgraded on Friday, August 14 by Longbow. RBC Capital Markets maintained it with “Buy” rating and $30.0 target in Wednesday, November 15 report.

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