As Copa Holdings S A Cl A (CPA) Shares Declined, Gideon Capital Advisors Has Decreased Its Position; Copart (CPRT) Stock Value Rose While Bennicas & Associates Cut Position by $301,000

April 20, 2018 - By Nellie Frank

Copart, Inc. (NASDAQ:CPRT) Logo

Gideon Capital Advisors Inc decreased its stake in Copa Holdings S A Cl A (CPA) by 51.24% based on its latest 2017Q4 regulatory filing with the SEC. Gideon Capital Advisors Inc sold 2,594 shares as the company’s stock declined 5.75% with the market. The hedge fund held 2,468 shares of the transportation company at the end of 2017Q4, valued at $331,000, down from 5,062 at the end of the previous reported quarter. Gideon Capital Advisors Inc who had been investing in Copa Holdings S A Cl A for a number of months, seems to be less bullish one the $5.02B market cap company. The stock decreased 1.08% or $1.3 during the last trading session, reaching $119.33. About 29,748 shares traded. Copa Holdings, S.A. (NYSE:CPA) has risen 17.18% since April 20, 2017 and is uptrending. It has outperformed by 5.63% the S&P500.

Bennicas & Associates Inc decreased its stake in Copart Inc. (CPRT) by 16.45% based on its latest 2017Q4 regulatory filing with the SEC. Bennicas & Associates Inc sold 7,000 shares as the company’s stock rose 15.32% while stock markets declined. The institutional investor held 35,550 shares of the consumer durables company at the end of 2017Q4, valued at $1.54 million, down from 42,550 at the end of the previous reported quarter. Bennicas & Associates Inc who had been investing in Copart Inc. for a number of months, seems to be less bullish one the $12.07 billion market cap company. The stock increased 0.31% or $0.16 during the last trading session, reaching $52.02. About 30,619 shares traded. Copart, Inc. (NASDAQ:CPRT) has risen 61.05% since April 20, 2017 and is uptrending. It has outperformed by 49.50% the S&P500.

Analysts await Copa Holdings, S.A. (NYSE:CPA) to report earnings on May, 9 after the close. They expect $2.77 EPS, up 13.99% or $0.34 from last year’s $2.43 per share. CPA’s profit will be $116.48 million for 10.77 P/E if the $2.77 EPS becomes a reality. After $2.36 actual EPS reported by Copa Holdings, S.A. for the previous quarter, Wall Street now forecasts 17.37% EPS growth.

Among 16 analysts covering Copa Holdings SA (NYSE:CPA), 7 have Buy rating, 2 Sell and 7 Hold. Therefore 44% are positive. Copa Holdings SA had 52 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Monday, January 11 by Stifel Nicolaus. As per Friday, August 5, the company rating was downgraded by HSBC. The firm has “Hold” rating by Stifel Nicolaus given on Friday, February 23. JP Morgan maintained Copa Holdings, S.A. (NYSE:CPA) rating on Monday, March 19. JP Morgan has “Overweight” rating and $160 target. The firm has “Buy” rating by Bank of America given on Monday, July 11. The stock has “Hold” rating by Zacks on Wednesday, August 26. The stock of Copa Holdings, S.A. (NYSE:CPA) earned “In-Line” rating by Imperial Capital on Tuesday, August 4. JP Morgan maintained it with “Neutral” rating and $93 target in Tuesday, August 16 report. Raymond James upgraded the stock to “Outperform” rating in Wednesday, April 20 report. As per Thursday, August 10, the company rating was maintained by Cowen & Co.

Gideon Capital Advisors Inc, which manages about $340.51M and $113.44 million US Long portfolio, upped its stake in Spirit Realty Capital Inc (NYSE:SRC) by 41,591 shares to 61,017 shares, valued at $524,000 in 2017Q4, according to the filing. It also increased its holding in Ameren Corp (NYSE:AEE) by 9,683 shares in the quarter, for a total of 13,193 shares, and has risen its stake in Edison International (NYSE:EIX).

Analysts await Copart, Inc. (NASDAQ:CPRT) to report earnings on May, 23. They expect $0.48 EPS, up 29.73% or $0.11 from last year’s $0.37 per share. CPRT’s profit will be $111.35 million for 27.09 P/E if the $0.48 EPS becomes a reality. After $0.47 actual EPS reported by Copart, Inc. for the previous quarter, Wall Street now forecasts 2.13% EPS growth.

Among 13 analysts covering Copart (NASDAQ:CPRT), 4 have Buy rating, 0 Sell and 9 Hold. Therefore 31% are positive. Copart had 30 analyst reports since January 15, 2016 according to SRatingsIntel. Jefferies initiated the shares of CPRT in report on Friday, January 15 with “Hold” rating. The stock of Copart, Inc. (NASDAQ:CPRT) has “Buy” rating given on Friday, December 22 by Robert W. Baird. As per Monday, February 12, the company rating was upgraded by Stephens. The firm has “Neutral” rating by Northcoast given on Thursday, August 25. The stock of Copart, Inc. (NASDAQ:CPRT) earned “Hold” rating by Jefferies on Friday, May 26. The stock has “Hold” rating by Jefferies on Monday, September 11. Robert W. Baird maintained it with “Buy” rating and $50.0 target in Monday, February 26 report. As per Tuesday, April 5, the company rating was initiated by Gabelli. The stock of Copart, Inc. (NASDAQ:CPRT) earned “Buy” rating by Stephens on Tuesday, February 27. The firm earned “Neutral” rating on Friday, May 27 by JP Morgan.

Investors sentiment increased to 1.19 in Q4 2017. Its up 0.06, from 1.13 in 2017Q3. It improved, as 23 investors sold CPRT shares while 120 reduced holdings. 69 funds opened positions while 101 raised stakes. 170.87 million shares or 2.48% more from 166.73 million shares in 2017Q3 were reported. The New York-based Renaissance Tech Ltd has invested 0.04% in Copart, Inc. (NASDAQ:CPRT). Clearbridge Invests Limited Company invested 0.15% of its portfolio in Copart, Inc. (NASDAQ:CPRT). 1.20M are held by Massachusetts Financial Ser Ma. Prescott General Prns Ltd Liability Corporation has 4.67% invested in Copart, Inc. (NASDAQ:CPRT) for 2.53 million shares. Reliance Of Delaware, Delaware-based fund reported 5,241 shares. Crow Point Partners Ltd Liability Corp invested in 0% or 406 shares. Oregon Pub Employees Retirement Fund owns 75,573 shares or 0.04% of their US portfolio. Moreover, Arizona State Retirement Sys has 0.06% invested in Copart, Inc. (NASDAQ:CPRT) for 144,753 shares. Stratos Wealth Partners holds 0.06% in Copart, Inc. (NASDAQ:CPRT) or 29,202 shares. Kayne Anderson Rudnick Lc reported 8.09M shares. Montag A Associates holds 0.32% or 76,485 shares in its portfolio. Principal Financial Group Incorporated accumulated 7.11 million shares. 10,443 were reported by Advisory Svcs Ntwk Ltd Company. 42,200 were reported by Teachers Retirement Systems Of The State Of Kentucky. Moreover, Berkshire Asset Mgmt Lc Pa has 0.03% invested in Copart, Inc. (NASDAQ:CPRT) for 7,750 shares.

Bennicas & Associates Inc, which manages about $195.04 million and $114.78M US Long portfolio, upped its stake in General Electric (NYSE:GE) by 26,250 shares to 40,880 shares, valued at $713,000 in 2017Q4, according to the filing.

Copart, Inc. (NASDAQ:CPRT) Institutional Positions Chart

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