Spotify Technology S.A. (SPOT) Reaches $149.41 After 9.00% Up Move; Lodge Hill Capital Cut Its Wabco Hldgs (WBC) Holding

April 17, 2018 - By Richard Conner

WABCO Holdings Inc. (NYSE:WBC) Logo

The stock of Spotify Technology S.A. (NYSE:SPOT) is a huge mover today! The stock increased 3.52% or $5.0852 during the last trading session, reaching $149.4052. About 624,905 shares traded. Spotify Technology S.A. (NYSE:SPOT) has 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.The move comes after 5 months positive chart setup for the $26.61 billion company. It was reported on Apr, 17 by We have $162.85 PT which if reached, will make NYSE:SPOT worth $2.39 billion more.

Lodge Hill Capital Llc decreased Wabco Hldgs Inc (WBC) stake by 43.46% reported in 2017Q4 SEC filing. Lodge Hill Capital Llc sold 130,000 shares as Wabco Hldgs Inc (WBC)’s stock declined 8.19%. The Lodge Hill Capital Llc holds 169,120 shares with $24.27M value, down from 299,120 last quarter. Wabco Hldgs Inc now has $7.35B valuation. The stock increased 2.41% or $3.23 during the last trading session, reaching $137.09. About 48,620 shares traded. WABCO Holdings Inc. (NYSE:WBC) has risen 13.56% since April 17, 2017 and is uptrending. It has outperformed by 2.01% the S&P500.

Since October 23, 2017, it had 0 insider purchases, and 3 insider sales for $26.33 million activity. Shares for $140,090 were sold by Rens Nick on Tuesday, March 6. On Monday, October 23 ESCULIER JACQUES sold $26.07 million worth of WABCO Holdings Inc. (NYSE:WBC) or 172,394 shares. 834 shares valued at $114,158 were sold by Bardot Nicolas on Thursday, March 1.

Analysts await WABCO Holdings Inc. (NYSE:WBC) to report earnings on April, 19 before the open. They expect $1.83 earnings per share, up 24.49% or $0.36 from last year’s $1.47 per share. WBC’s profit will be $98.09 million for 18.73 P/E if the $1.83 EPS becomes a reality. After $2.00 actual earnings per share reported by WABCO Holdings Inc. for the previous quarter, Wall Street now forecasts -8.50% negative EPS growth.

Investors sentiment decreased to 1.24 in 2017 Q4. Its down 0.26, from 1.5 in 2017Q3. It dropped, as 30 investors sold WBC shares while 102 reduced holdings. 58 funds opened positions while 106 raised stakes. 50.47 million shares or 2.88% less from 51.96 million shares in 2017Q3 were reported. The British Columbia – Canada-based Pacad Invest Ltd has invested 0.01% in WABCO Holdings Inc. (NYSE:WBC). Brandywine Glob Management Lc has 0% invested in WABCO Holdings Inc. (NYSE:WBC). Acadian Asset Mgmt Ltd owns 48 shares for 0% of their portfolio. Japan-based Sumitomo Mitsui Hldg Inc has invested 0.03% in WABCO Holdings Inc. (NYSE:WBC). Howe Rusling Incorporated accumulated 17 shares or 0% of the stock. Ami Inv Mgmt reported 1.33% stake. Advisory Service Ltd Liability Com invested in 6,547 shares. Atria Invs Limited Liability Company reported 3,583 shares. 12,489 were reported by Clinton Gru Inc. Toronto Dominion Bancshares holds 0% or 3,003 shares. Lenox Wealth Advsr invested 0% in WABCO Holdings Inc. (NYSE:WBC). Scotia Capital has 0.02% invested in WABCO Holdings Inc. (NYSE:WBC). Waddell And Reed Financial Inc reported 0.4% in WABCO Holdings Inc. (NYSE:WBC). First Quadrant Lp Ca reported 0.1% stake. Meiji Yasuda Life Ins has 5,200 shares.

Among 21 analysts covering WABCO Holdings (NYSE:WBC), 14 have Buy rating, 1 Sell and 6 Hold. Therefore 67% are positive. WABCO Holdings had 67 analyst reports since September 1, 2015 according to SRatingsIntel. The firm has “Sell” rating given on Tuesday, September 8 by Zacks. The stock of WABCO Holdings Inc. (NYSE:WBC) has “Buy” rating given on Thursday, January 11 by RBC Capital Markets. The stock of WABCO Holdings Inc. (NYSE:WBC) has “Buy” rating given on Thursday, September 7 by KeyBanc Capital Markets. Piper Jaffray downgraded the shares of WBC in report on Tuesday, June 28 to “Neutral” rating. The company was initiated on Monday, September 25 by Berenberg. Stifel Nicolaus maintained WABCO Holdings Inc. (NYSE:WBC) on Monday, February 5 with “Buy” rating. The firm has “Buy” rating by Robert W. Baird given on Wednesday, August 23. Zacks upgraded the stock to “Sell” rating in Tuesday, September 1 report. As per Monday, October 23, the company rating was downgraded by Vertical Research. The stock has “Buy” rating by Seaport Global on Thursday, April 6.

WABCO Holdings Inc. (NYSE:WBC) Institutional Positions Chart

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