All-Stars Investment LTD Lowered By $24.00 Million Its Yy (YY) Holding; Farallon Capital Management Lowered By $53.67 Million Its Wabtec (WAB) Position

June 14, 2018 - By Migdalia James

Westinghouse Air Brake Technologies Corporation (NYSE:WAB) Logo

Farallon Capital Management Llc decreased Wabtec Corp (WAB) stake by 12.25% reported in 2018Q1 SEC filing. Farallon Capital Management Llc sold 662,545 shares as Wabtec Corp (WAB)’s stock rose 16.10%. The Farallon Capital Management Llc holds 4.75 million shares with $386.40 million value, down from 5.41M last quarter. Wabtec Corp now has $9.82 billion valuation. The stock increased 0.97% or $0.98 during the last trading session, reaching $102.01. About 500,250 shares traded. Westinghouse Air Brake Technologies Corporation (NYSE:WAB) has risen 18.00% since June 14, 2017 and is uptrending. It has outperformed by 5.43% the S&P500. Some Historical WAB News: ; 21/05/2018 – WABTEC – GE WILL BE PAID A $2.9 BILLION UP-FRONT CASH PAYMENT; 21/05/2018 – WABTEC – FOLLOWING DEAL CLOSE, CO’S FREIGHT SEGMENT WILL BE HEADQUARTERED IN CHICAGO; 20/04/2018 – GENERAL ELECTRIC CO GE.N EXPLORING MERGER OF TRANSPORTATION BUSINESS WITH WABTEC CORP WAB.N; 14/05/2018 – ♫ Reuters Insider – U.S. Morning Call: Trump’s ZTE U-turn; Xerox-Fujifilm; 30/05/2018 – Delachaux IPO team perseveres despite tough market conditions; 24/04/2018 – Wabtec Reports 1Q EPS Of 92 Cents, Affirms Full-Year Guidance; 21/05/2018 – Moody’s: We Expect the Much Larger GE Transportation Merger Will Be a More Challenging Undertaking For Wabtec Than Faiveley; 21/05/2018 – GE to Merge Locomotive Unit With Wabtec in $11.1 Billion Merger; 21/05/2018 – WABTEC – GE HAS THE RIGHT TO INCREASE PORTION OF MERGED COMPANY OWNED BY GE SHAREHOLDERS; 12/04/2018 – Wabtec Presenting at Wells Fargo Industrials Conference May 8

All-Stars Investment Ltd decreased Yy Inc (YY) stake by 43.86% reported in 2018Q1 SEC filing. All-Stars Investment Ltd sold 250,000 shares as Yy Inc (YY)’s stock declined 22.12%. The All-Stars Investment Ltd holds 320,000 shares with $30.85 million value, down from 570,000 last quarter. Yy Inc now has $7.51 billion valuation. The stock increased 4.34% or $4.94 during the last trading session, reaching $118.79. About 1.83 million shares traded or 5.03% up from the average. YY Inc. (NASDAQ:YY) has risen 84.59% since June 14, 2017 and is uptrending. It has outperformed by 72.02% the S&P500. Some Historical YY News: ; 10/05/2018 – Chinese gaming firm Huya prices IPO in New York at $12 per share; 08/03/2018 – YY Maintains Control Over Huya After This Transaction; 05/03/2018 YY 4Q Rev $557.4M; 21/05/2018 – Citi Appointed Successor Depositary Bank for YY Inc.’s Sponsored ADR Program; 11/05/2018 – Schroder Adds Nutrien, Exits YY Inc: 13F; 05/03/2018 – YY INC 4Q NET REV. $557.4M, EST. $550.9M; 08/03/2018 – YY INC – TOTAL AMOUNT RAISED IN LATEST ROUND BY HUYA IS ABOUT $461.6 MLN; 21/05/2018 – CITI NAMED SUCCESSOR DEPOSITARY BANK FOR YY INC.’S SPONSORED; 30/04/2018 – Fidelity VIP Mid Cap Adds Bandai Namco, Exits YY Inc; 08/03/2018 – YY: Total Amount Raised in This Round Is About $461.6 Million

Among 17 analysts covering Wabtec (NYSE:WAB), 12 have Buy rating, 0 Sell and 5 Hold. Therefore 71% are positive. Wabtec had 40 analyst reports since December 21, 2015 according to SRatingsIntel. The stock of Westinghouse Air Brake Technologies Corporation (NYSE:WAB) has “Buy” rating given on Friday, September 30 by CLSA. The firm has “Hold” rating given on Wednesday, July 26 by Edward Jones. The rating was upgraded by Stifel Nicolaus on Monday, December 21 to “Buy”. The firm has “Buy” rating given on Friday, February 16 by Wolfe Research. The firm has “Buy” rating by Longbow given on Wednesday, June 21. Stifel Nicolaus upgraded the stock to “Buy” rating in Monday, April 23 report. KeyBanc Capital Markets maintained Westinghouse Air Brake Technologies Corporation (NYSE:WAB) rating on Friday, September 15. KeyBanc Capital Markets has “Buy” rating and $100.0 target. The firm earned “Hold” rating on Wednesday, October 25 by Stifel Nicolaus. The company was maintained on Friday, February 2 by Stifel Nicolaus. The firm has “Outperform” rating given on Wednesday, December 21 by William Blair.

Since May 23, 2018, it had 0 insider buys, and 7 selling transactions for $14.53 million activity. Shares for $284,437 were sold by Hehir Brian on Wednesday, May 23. 3,500 shares were sold by BROOKS ROBERT J, worth $341,600 on Friday, May 25. The insider FOSTER LEE B II sold $387,600. KASSLING WILLIAM E sold $5.38M worth of stock or 55,000 shares. NEUPAVER ALBERT J had sold 65,000 shares worth $6.29M on Tuesday, May 29. 10,000 Westinghouse Air Brake Technologies Corporation (NYSE:WAB) shares with value of $976,950 were sold by FERNANDEZ EMILIO. WAHLSTROM SCOTT sold $877,190 worth of Westinghouse Air Brake Technologies Corporation (NYSE:WAB) on Friday, May 25.

Analysts await Westinghouse Air Brake Technologies Corporation (NYSE:WAB) to report earnings on July, 24. They expect $0.94 EPS, up 17.50% or $0.14 from last year’s $0.8 per share. WAB’s profit will be $90.52M for 27.13 P/E if the $0.94 EPS becomes a reality. After $0.92 actual EPS reported by Westinghouse Air Brake Technologies Corporation for the previous quarter, Wall Street now forecasts 2.17% EPS growth.

More notable recent Westinghouse Air Brake Technologies Corporation (NYSE:WAB) news were published by: Globenewswire.com which released: “Wabtec Announces New Financing Arrangements” on June 13, 2018, also Bizjournals.com with their article: “Wabtec announces new financing as it readies for merger with GE Transportation” published on June 13, 2018, Fool.com published: “The General Electric and Wabtec Merger: What It Means to Investors” on May 25, 2018. More interesting news about Westinghouse Air Brake Technologies Corporation (NYSE:WAB) were released by: Seekingalpha.com and their article: “Wabtec and GE Transportation to merge” published on May 21, 2018 as well as Bizjournals.com‘s news article titled: “GE merges its locomotive business in $11B deal. What’s the Fort Worth impact?” with publication date: May 21, 2018.

Farallon Capital Management Llc increased Microsoft Corp (NASDAQ:MSFT) stake by 209,827 shares to 2.52M valued at $229.59M in 2018Q1. It also upped Acceleron Pharma Inc (NASDAQ:XLRN) stake by 313,000 shares and now owns 1.40 million shares. Dell Technologies Inc was raised too.

Investors sentiment decreased to 0.83 in 2018 Q1. Its down 0.10, from 0.93 in 2017Q4. It worsened, as 41 investors sold WAB shares while 131 reduced holdings. 37 funds opened positions while 106 raised stakes. 100.39 million shares or 2.05% less from 102.49 million shares in 2017Q4 were reported. Barnett Communication holds 0.85% of its portfolio in Westinghouse Air Brake Technologies Corporation (NYSE:WAB) for 20,425 shares. Us Natl Bank De reported 7,334 shares. Verition Fund Management Limited Liability Com, Connecticut-based fund reported 14,839 shares. Liberty Mutual Gp Asset Mgmt Incorporated accumulated 19,596 shares. Park Presidio Capital Ltd Liability Corp invested in 8.64% or 825,000 shares. Birch Hill Inv invested in 1.74% or 257,335 shares. Luminus Mngmt Llc reported 2.54% stake. 20,738 are held by Carnegie Cap Asset Mgmt Ltd. Barclays Pcl accumulated 28,604 shares. Moreover, Advisory Svcs Networks has 0% invested in Westinghouse Air Brake Technologies Corporation (NYSE:WAB). State Board Of Administration Of Florida Retirement System invested in 117,306 shares or 0.03% of the stock. National Bank Of Montreal Can stated it has 0% of its portfolio in Westinghouse Air Brake Technologies Corporation (NYSE:WAB). Appleton Prtnrs Ma accumulated 37,765 shares or 0.47% of the stock. First Manhattan Comm stated it has 0% in Westinghouse Air Brake Technologies Corporation (NYSE:WAB). Trillium Asset Mgmt Limited Liability stated it has 0.99% in Westinghouse Air Brake Technologies Corporation (NYSE:WAB).

More notable recent YY Inc. (NASDAQ:YY) news were published by: Seekingalpha.com which released: “YY: The Growth Story Continues – Price Target Set At $200 A Share” on June 14, 2018, also Seekingalpha.com with their article: “YY: Accounting Technicality Drives Unwarranted Sell-Off” published on June 11, 2018, Nasdaq.com published: “Why Ambarella, YY, and Brown-Forman Slumped Today” on June 06, 2018. More interesting news about YY Inc. (NASDAQ:YY) were released by: Nasdaq.com and their article: “Why Shares of YY Inc. Dropped Today” published on June 06, 2018 as well as Nasdaq.com‘s news article titled: “YY Reports First Quarter 2018 Unaudited Financial Results” with publication date: June 05, 2018.

Westinghouse Air Brake Technologies Corporation (NYSE:WAB) Institutional Positions Chart

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