Motorcar Parts of America, Inc. (MPAA) Reaches $23.97 After 7.00% Down Move; Ulysses Management Raised Its Citigroup (C) Stake

February 15, 2018 - By Dolores Ford

Ulysses Management Llc increased Citigroup Inc (C) stake by 113.07% reported in 2017Q3 SEC filing. Ulysses Management Llc acquired 201,600 shares as Citigroup Inc (C)’s stock rose 1.55%. The Ulysses Management Llc holds 379,900 shares with $27.63M value, up from 178,300 last quarter. Citigroup Inc now has $197.98 billion valuation. The stock increased 0.43% or $0.33 during the last trading session, reaching $77.04. About 6.28 million shares traded. Citigroup Inc. (NYSE:C) has risen 35.60% since February 15, 2017 and is uptrending. It has outperformed by 18.90% the S&P500.

The stock of Motorcar Parts of America, Inc. (NASDAQ:MPAA) is a huge mover today! The stock decreased 2.52% or $0.62 during the last trading session, reaching $23.97. About 87,943 shares traded. Motorcar Parts of America, Inc. (NASDAQ:MPAA) has risen 7.21% since February 15, 2017 and is uptrending. It has underperformed by 9.49% the S&P500.The move comes after 7 months negative chart setup for the $457.20M company. It was reported on Feb, 15 by Barchart.com. We have $22.29 PT which if reached, will make NASDAQ:MPAA worth $32.00M less.

Among 7 analysts covering Motorcar Parts of America (NASDAQ:MPAA), 7 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Motorcar Parts of America has $44 highest and $26.0 lowest target. $39.29’s average target is 63.91% above currents $23.97 stock price. Motorcar Parts of America had 16 analyst reports since August 11, 2015 according to SRatingsIntel. TH Capital maintained the shares of MPAA in report on Tuesday, August 11 with “Buy” rating. The firm has “Buy” rating by B. Riley & Co given on Tuesday, August 11. The stock of Motorcar Parts of America, Inc. (NASDAQ:MPAA) earned “Buy” rating by Roth Capital on Tuesday, November 10. Sidoti initiated the stock with “Buy” rating in Wednesday, September 9 report. On Friday, August 18 the stock rating was maintained by Roth Capital with “Buy”. As per Tuesday, November 10, the company rating was maintained by TH Capital. Roth Capital maintained Motorcar Parts of America, Inc. (NASDAQ:MPAA) rating on Monday, February 12. Roth Capital has “Buy” rating and $26.0 target. The firm has “Sell” rating by Zacks given on Monday, August 17. The stock has “Buy” rating by Roth Capital on Tuesday, June 13. The firm has “Buy” rating given on Monday, March 14 by CL King.

Motorcar Parts of America, Inc. manufactures, remanufactures, and distributes automotive aftermarket parts. The company has market cap of $457.20 million. The firm offers rotating electrical products, including alternators and starters; wheel hub assemblies and bearings; brake master cylinders; and other products, such as turbochargers and brake power boosters for import and domestic cars, light trucks, heavy duty, agricultural, and industrial applications. It has a 27.52 P/E ratio. It sells its products to automotive retail chain stores and warehouse distributors; and the professional repair market, as well as various automobile manufacturers for their aftermarket programs and warranty replacement programs in North America.

Investors sentiment decreased to 1.27 in Q3 2017. Its down 0.39, from 1.66 in 2017Q2. It worsened, as 8 investors sold Motorcar Parts of America, Inc. shares while 37 reduced holdings. 20 funds opened positions while 37 raised stakes. 18.94 million shares or 1.74% more from 18.61 million shares in 2017Q2 were reported. Aperio Lc owns 11,246 shares. Ftb Advsrs holds 86 shares or 0% of its portfolio. Schafer Cullen Capital Mgmt Inc accumulated 0% or 7,180 shares. First Tru L P invested in 14,721 shares or 0% of the stock. Granite Point Capital Management Limited Partnership has 0.26% invested in Motorcar Parts of America, Inc. (NASDAQ:MPAA) for 41,300 shares. Swiss Bank & Trust holds 0% or 32,450 shares in its portfolio. Thrivent For Lutherans reported 11,390 shares. Ls Inv Advsr Limited Liability Corporation holds 0% of its portfolio in Motorcar Parts of America, Inc. (NASDAQ:MPAA) for 640 shares. Wells Fargo Mn owns 248,534 shares. Foundry Prns Ltd Liability Corp invested in 195,550 shares or 0.23% of the stock. Ameriprise Financial has invested 0.02% in Motorcar Parts of America, Inc. (NASDAQ:MPAA). Moreover, Price T Rowe Incorporated Md has 0% invested in Motorcar Parts of America, Inc. (NASDAQ:MPAA). Schwab Charles has invested 0% in Motorcar Parts of America, Inc. (NASDAQ:MPAA). Gotham Asset Mngmt Limited Liability Company has 25,746 shares for 0.01% of their portfolio. Gsa Prtnrs Limited Liability Partnership holds 0.11% or 52,503 shares in its portfolio.

Ulysses Management Llc decreased Triumph Bancorp Inc stake by 32,400 shares to 165,000 valued at $5.32M in 2017Q3. It also reduced Sba Communications Corp stake by 5,000 shares and now owns 20,000 shares. Citigroup Inc (Call) (NYSE:C) was reduced too.

Among 40 analysts covering Citigroup Inc. (NYSE:C), 19 have Buy rating, 3 Sell and 18 Hold. Therefore 48% are positive. Citigroup Inc. had 116 analyst reports since July 21, 2015 according to SRatingsIntel. RBC Capital Markets maintained the stock with “Outperform” rating in Friday, October 13 report. The firm earned “Buy” rating on Friday, September 23 by CLSA. The stock has “Buy” rating by Vertical Group on Tuesday, September 5. The rating was maintained by Renaissance Macro Securities LLC on Sunday, July 16 with “Buy”. The stock has “Hold” rating by Deutsche Bank on Wednesday, August 12. Stifel Nicolaus downgraded the stock to “Hold” rating in Monday, October 9 report. The stock has “Sector Perform” rating by Portales Partners on Thursday, January 7. The firm has “Overweight” rating by Barclays Capital given on Tuesday, January 3. Wells Fargo maintained the stock with “Buy” rating in Wednesday, January 17 report. The stock of Citigroup Inc. (NYSE:C) earned “Outperform” rating by Keefe Bruyette & Woods on Wednesday, April 5.

Investors sentiment increased to 1.35 in Q3 2017. Its up 0.25, from 1.1 in 2017Q2. It is positive, as 56 investors sold C shares while 400 reduced holdings. 125 funds opened positions while 492 raised stakes. 2.04 billion shares or 0.42% more from 2.03 billion shares in 2017Q2 were reported. Stifel Fin Corp owns 447,714 shares or 0.11% of their US portfolio. Columbus Hill Lp accumulated 3.78% or 729,231 shares. Schwerin Boyle Cap Incorporated has invested 1.5% in Citigroup Inc. (NYSE:C). Rothschild Asset Management has 228,554 shares. Brown Brothers Harriman & owns 11,106 shares or 0% of their US portfolio. Blue Ridge Llc, a New York-based fund reported 3.75 million shares. Yhb Invest Advisors Inc accumulated 121,835 shares or 1.58% of the stock. D L Carlson Inv Gp Inc reported 2.09% stake. Central Asset Investments And Mngmt Holdings (Hk) Ltd has 6,700 shares for 0.33% of their portfolio. Middleton And Incorporated Ma, Massachusetts-based fund reported 59,232 shares. Oregon Pub Employees Retirement Fund stated it has 686,771 shares or 0.81% of all its holdings. Psagot House Ltd holds 48,878 shares or 0.15% of its portfolio. The Connecticut-based Bradley Foster Sargent Ct has invested 0.41% in Citigroup Inc. (NYSE:C). Clearbridge Investments Lc holds 0.46% or 6.57M shares in its portfolio. Montgomery Invest Mngmt Inc holds 0.18% or 5,480 shares in its portfolio.

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