Deutsche Mun Income (KTF) Stock Declined While Robinson Capital Management Lifted Position; As Freightcar Amer (RAIL) Stock Declined, Fairfax Financial Holdings LTD Can Boosted Position

May 18, 2018 - By Louis Casey

Prem Watsa increased its stake in Freightcar Amer Inc (RAIL) by 36.36% based on its latest 2017Q4 regulatory filing with the SEC. Fairfax Financial Holdings Ltd Can bought 40,000 shares as the company’s stock declined 22.88% with the market. The hedge fund run by Prem Watsa held 150,000 shares of the capital goods company at the end of 2017Q4, valued at $2.56 million, up from 110,000 at the end of the previous reported quarter. Fairfax Financial Holdings Ltd Can who had been investing in Freightcar Amer Inc for a number of months, seems to be bullish on the $193.38M market cap company. The stock increased 0.06% or $0.01 during the last trading session, reaching $15.54. About 54,772 shares traded. FreightCar America, Inc. (NASDAQ:RAIL) has risen 5.55% since May 18, 2017 and is uptrending. It has underperformed by 6.00% the S&P500.

Robinson Capital Management Llc increased its stake in Deutsche Mun Income (KTF) by 79.84% based on its latest 2017Q4 regulatory filing with the SEC. Robinson Capital Management Llc bought 132,828 shares as the company’s stock declined 5.59% with the market. The institutional investor held 299,192 shares of the company at the end of 2017Q4, valued at $3.56M, up from 166,364 at the end of the previous reported quarter. Robinson Capital Management Llc who had been investing in Deutsche Mun Income for a number of months, seems to be bullish on the $432.10M market cap company. The stock decreased 0.09% or $0.01 during the last trading session, reaching $11.04. About 67,909 shares traded. Deutsche Municipal Income Trust (NYSE:KTF) has declined 15.48% since May 18, 2017 and is downtrending. It has underperformed by 27.03% the S&P500.

Another recent and important Deutsche Municipal Income Trust (NYSE:KTF) news was published by Businesswire.com which published an article titled: “Certain Deutsche Closed-End Funds Announce Annual Meeting of Shareholders” on May 16, 2018.

Robinson Capital Management Llc, which manages about $207.84M US Long portfolio, decreased its stake in Prudential Sht Duration Hg Y (ISD) by 49,807 shares to 45,557 shares, valued at $673,000 in 2017Q4, according to the filing. It also reduced its holding in Invesco Mun Opportunity Tr (VMO) by 437,907 shares in the quarter, leaving it with 81,400 shares, and cut its stake in Pimco Municipal Income Fd (PMF).

Investors sentiment increased to 1.4 in 2017 Q4. Its up 0.19, from 1.21 in 2017Q3. It improved, as 5 investors sold KTF shares while 15 reduced holdings. 16 funds opened positions while 12 raised stakes. 3.58 million shares or 44.35% more from 2.48 million shares in 2017Q3 were reported. 12,500 were reported by Essex Finance Ser. Hightower Advisors Ltd Limited Liability Company owns 10,663 shares. Regions Fin accumulated 1,623 shares or 0% of the stock. Sit Investment Assocs Inc reported 121,465 shares. Citadel Advsr Lc accumulated 19,257 shares or 0% of the stock. Two Sigma Securities Llc reported 0.01% in Deutsche Municipal Income Trust (NYSE:KTF). Nuveen Asset Management Limited Co holds 0.02% or 291,446 shares in its portfolio. Susquehanna Intll Grp Limited Liability Partnership holds 11,116 shares or 0% of its portfolio. Bank & Trust Of America De accumulated 221,169 shares or 0% of the stock. The Texas-based Usca Ria Limited Liability Corp has invested 0.03% in Deutsche Municipal Income Trust (NYSE:KTF). Financial Bank Of New York Mellon Corp holds 18,376 shares. Pnc Ser Group, a Pennsylvania-based fund reported 10,600 shares. Raymond James And Assocs accumulated 23,584 shares or 0% of the stock. 23,110 were accumulated by Northern Tru Corp. Robinson Cap Management Llc holds 299,192 shares.

Since January 22, 2018, it had 0 insider buys, and 2 selling transactions for $29,417 activity.

More news for FreightCar America, Inc. (NASDAQ:RAIL) were recently published by: Streetinsider.com, which released: “Carl Icahn Confirms Stake in Newell Rubbermaid (NWL) (more…) – 13F” on May 15, 2018. Globenewswire.com‘s article titled: “FreightCar America, Inc. Reports First Quarter 2018 Results” and published on May 02, 2018 is yet another important article.

FreightCar America, Inc. (NASDAQ:RAIL) 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 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: