Columbia Pacific Advisors Has Raised Ep Energy (EPE) Position; Meritor, Inc. (MTOR) Covered By 2 Bulls

September 14, 2018 - By Sarah Holford

Meritor, Inc. (NYSE:MTOR) Logo

Columbia Pacific Advisors Llc increased Ep Energy Corporation (EPE) stake by 43.47% reported in 2018Q2 SEC filing. Columbia Pacific Advisors Llc acquired 640,293 shares as Ep Energy Corporation (EPE)’s stock declined 31.25%. The Columbia Pacific Advisors Llc holds 2.11M shares with $5.54M value, up from 1.47M last quarter. Ep Energy Corporation now has $475.94 million valuation. The stock decreased 1.60% or $0.03 during the last trading session, reaching $1.85. About 209,321 shares traded. EP Energy Corporation (NYSE:EPE) has declined 37.46% since September 14, 2017 and is downtrending. It has underperformed by 53.08% the S&P500. Some Historical EPE News: 07/05/2018 – EP Energy to Host First Quarter Results Webcast on May 9; 08/05/2018 – EP ENERGY CORP – QTRLY TOTAL PRODUCTION 80.1 MBOE/D; 17/05/2018 – Moody’s Rates Ep Energy’s Proposed Secured Notes B1; 21/03/2018 – ENTERPRISE GROUP OF GHANA FY PROFIT 87M CEDIS VS 68M CEDIS; 08/05/2018 – EP ENERGY CORP QTRLY TOTAL OPERATING REVENUES OF $286 MLN VS $327 MLN; 08/05/2018 – EP ENERGY 1Q ADJ LOSS/SHR 7C, EST. LOSS/SHR 6C; 10/05/2018 – Enterprise Group 1Q EPS 6c; 27/03/2018 – CHINA FIRE SAFETY ENTERPRISE GROUP LTD 0445.HK – FY REVENUE UP 12.2% TO RMB529 MLN; 17/05/2018 – EP ENERGY LLC – CO AND ITS UNIT INTEND TO OFFER $1 BLN AGGREGATE PRINCIPAL AMOUNT OF ITS SENIOR SECURED NOTES DUE 2026 IN A PRIVATE PLACEMENT; 10/04/2018 – Enterprise Group Deploys Proprietary Asset Tracking & Dispatch Software “Star” to Lower Costs and Increase Margins

Among 3 analysts covering Arvinmeritor (NYSE:MTOR), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Arvinmeritor had 4 analyst reports since April 16, 2018 according to SRatingsIntel. The stock of Meritor, Inc. (NYSE:MTOR) has “Equal-Weight” rating given on Thursday, August 2 by Barclays Capital. Barclays Capital maintained the stock with “Equal-Weight” rating in Tuesday, April 17 report. The stock of Meritor, Inc. (NYSE:MTOR) has “Buy” rating given on Monday, April 16 by RBC Capital Markets. The stock has “Buy” rating by Stifel Nicolaus on Friday, May 4. See Meritor, Inc. (NYSE:MTOR) latest ratings:

02/08/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $24 New Target: $25 Maintain
04/05/2018 Broker: Stifel Nicolaus Old Rating: Buy New Rating: Buy Old Target: $32 New Target: $27 Maintain
17/04/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $27 New Target: $26 Maintain
16/04/2018 Broker: RBC Capital Markets Rating: Buy New Target: $27.0000 Maintain

The stock increased 1.08% or $0.22 during the last trading session, reaching $20.64. About 338,323 shares traded. Meritor, Inc. (NYSE:MTOR) has declined 2.19% since September 14, 2017 and is downtrending. It has underperformed by 17.81% the S&P500. Some Historical MTOR News: 12/03/2018 – Meritor: Kevin Nowlan Named President, Trailer and Components; 16/03/2018 – DEEP ECO: Meritor May Benefit, Industry Posts 10th Straight Gain; 05/03/2018 Meritor® Announces EX+™ L Air Disc Brakes as Standard for Freightliner New Cascadia® Trucks; 16/05/2018 – DEEP ECO: Meritor May Benefit, Industry Posts 12th Straight Gain; 12/03/2018 – Meritor Announces Executive Appointments; 30/04/2018 – MERITOR BUYS AA GEAR & MANUFACTURING; 03/05/2018 – Meritor 2Q Adj EPS 75c; 02/05/2018 – UQM Technologies Announces that it has been Selected as Meritor’s Supplier of Choice for its 14Xe Full Electric Axle System; 17/04/2018 – DEEP ECO: Meritor May Benefit, Industry Posts 11th Straight Gain; 30/04/2018 – Meritor Acquires AA Gear & Manufacturing

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 $1.79 billion. It operates through two divisions, Commercial Truck & Industrial; and Aftermarket & Trailer. It has a 5.75 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.

Investors sentiment decreased to 0.84 in 2018 Q2. Its down 0.01, from 0.85 in 2018Q1. It dropped, as 22 investors sold Meritor, Inc. shares while 74 reduced holdings. 28 funds opened positions while 53 raised stakes. 77.45 million shares or 1.62% less from 78.73 million shares in 2018Q1 were reported. 75,593 are held by State Board Of Administration Of Florida Retirement System. Grantham Mayo Van Otterloo & Lc stated it has 122,440 shares. Canada Pension Plan Inv Board has invested 0.02% in Meritor, Inc. (NYSE:MTOR). Victory Capital reported 0.09% stake. Northern Tru holds 1.07M shares or 0.01% of its portfolio. Menta Capital Lc has invested 0.33% of its portfolio in Meritor, Inc. (NYSE:MTOR). Inc holds 54,873 shares. Mariner Limited Liability Co invested 0.01% of its portfolio in Meritor, Inc. (NYSE:MTOR). Invesco Limited owns 0% invested in Meritor, Inc. (NYSE:MTOR) for 147,140 shares. Wesbanco Financial Bank has 0.03% invested in Meritor, Inc. (NYSE:MTOR) for 24,599 shares. Los Angeles Mngmt Equity Rech owns 40,028 shares for 0% of their portfolio. Bridgeway invested 0.03% in Meritor, Inc. (NYSE:MTOR). Sei Invs, Pennsylvania-based fund reported 378,814 shares. Wisconsin-based Convergence Investment Prns Lc has invested 0.28% in Meritor, Inc. (NYSE:MTOR). Cornerstone accumulated 59 shares.

Investors sentiment increased to 1.46 in Q2 2018. Its up 0.76, from 0.7 in 2018Q1. It improved, as 10 investors sold EPE shares while 18 reduced holdings. 12 funds opened positions while 29 raised stakes. 170.46 million shares or 0.61% less from 171.52 million shares in 2018Q1 were reported. United Kingdom-based Barclays Public Ltd Liability Co has invested 0% in EP Energy Corporation (NYSE:EPE). Wetherby Asset has 12,051 shares. Alliancebernstein Limited Partnership invested 0% in EP Energy Corporation (NYSE:EPE). 187,877 were accumulated by Schwab Charles. King Street Mngmt LP invested in 4.00 million shares or 0.72% of the stock. Clearbridge Invs Limited Liability Com reported 750 shares. Invesco Limited stated it has 0% of its portfolio in EP Energy Corporation (NYSE:EPE). Moreover, Menta Capital Limited Liability Com has 0.02% invested in EP Energy Corporation (NYSE:EPE). Tudor Inv Et Al invested in 0% or 41,334 shares. Tower Research (Trc) stated it has 30,251 shares or 0.01% of all its holdings. Vanguard Incorporated has invested 0% in EP Energy Corporation (NYSE:EPE). National Bank & Trust Of New York Mellon invested in 0% or 185,165 shares. 3.39 million were accumulated by Blackrock. Grp One Trading LP invested 0% in EP Energy Corporation (NYSE:EPE). 600 are held by Jefferies.

Among 5 analysts covering EP Energy (NYSE:EPE), 0 have Buy rating, 0 Sell and 5 Hold. Therefore 0 are positive. EP Energy had 6 analyst reports since March 19, 2018 according to SRatingsIntel. KLR Group downgraded EP Energy Corporation (NYSE:EPE) on Monday, May 14 to “Hold” rating. Wells Fargo maintained EP Energy Corporation (NYSE:EPE) rating on Monday, March 19. Wells Fargo has “Market Perform” rating and $2 target. The firm has “Hold” rating by Stifel Nicolaus given on Monday, April 23. The stock has “Hold” rating by BMO Capital Markets on Wednesday, April 11.

Another recent and important EP Energy Corporation (NYSE:EPE) news was published by Seekingalpha.com which published an article titled: “E&P Bottom Of The Barrel Club #18-4: The Second Half Kickoff Gets Muffed” on September 04, 2018.

Meritor, Inc. (NYSE:MTOR) 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.

Free Email Newsletter

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


Recent Posts