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As Opus Bk Irvine Calif (OPB) Stock Rose, Endeavour Capital Advisors Upped Its Stake by $2.66 Million; As Wabtec (WAB) Stock Value Declined, Shareholder Provident Investment Management Trimmed Position by $426,750

Endeavour Capital Advisors Inc increased its stake in Opus Bk Irvine Calif (OPB) by 21.86% based on its latest 2017Q3 regulatory filing with the SEC. Endeavour Capital Advisors Inc bought 115,749 shares as the company’s stock rose 2.51% with the market. The hedge fund held 645,336 shares of the company at the end of 2017Q3, valued at $15.49M, up from 529,587 at the end of the previous reported quarter. Endeavour Capital Advisors Inc who had been investing in Opus Bk Irvine Calif for a number of months, seems to be bullish on the $1.05 billion market cap company. The stock increased 1.21% or $0.35 during the last trading session, reaching $29.2. About 104,576 shares traded. Opus Bank (NASDAQ:OPB) has declined 39.11% since January 14, 2017 and is downtrending. It has underperformed by 55.81% the S&P500.

Provident Investment Management Inc decreased its stake in Wabtec Corp (WAB) by 1.83% based on its latest 2017Q3 regulatory filing with the SEC. Provident Investment Management Inc sold 5,690 shares as the company’s stock declined 6.73% while stock markets rallied. The institutional investor held 304,499 shares of the railroads company at the end of 2017Q3, valued at $23.07 million, down from 310,189 at the end of the previous reported quarter. Provident Investment Management Inc who had been investing in Wabtec Corp for a number of months, seems to be less bullish one the $8.18B market cap company. The stock increased 1.40% or $1.18 during the last trading session, reaching $85.2. About 421,126 shares traded. Westinghouse Air Brake Technologies Corporation (NYSE:WAB) has risen 7.39% since January 14, 2017 and is uptrending. It has underperformed by 9.31% the S&P500.

Endeavour Capital Advisors Inc, which manages about $972.14M and $264.86 million US Long portfolio, decreased its stake in Howard Bancorp Inc (NASDAQ:HBMD) by 300,311 shares to 16,060 shares, valued at $336,000 in 2017Q3, according to the filing. It also reduced its holding in New York Cmnty Bancorp Inc (NYSE:NYCB) by 70,664 shares in the quarter, leaving it with 319,084 shares, and cut its stake in Southwest Bancorp Inc Okla (NASDAQ:OKSB).

Among 8 analysts covering Opus Bank (NASDAQ:OPB), 3 have Buy rating, 0 Sell and 5 Hold. Therefore 38% are positive. Opus Bank had 16 analyst reports since July 29, 2015 according to SRatingsIntel. The stock has “Hold” rating by Keefe Bruyette & Woods on Sunday, August 27. Credit Suisse initiated Opus Bank (NASDAQ:OPB) on Wednesday, June 29 with “Outperform” rating. The company was downgraded on Monday, January 30 by Hovde Group. The stock has “Neutral” rating by JP Morgan on Monday, January 30. The stock has “Hold” rating by Keefe Bruyette & Woods on Thursday, December 21. On Friday, September 16 the stock rating was initiated by JMP Securities with “Mkt Perform”. The stock has “Hold” rating by Sandler O’Neill on Thursday, October 20. On Friday, May 26 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. Hovde Group maintained it with “Outperform” rating and $31 target in Monday, December 19 report. Piper Jaffray maintained Opus Bank (NASDAQ:OPB) on Thursday, October 5 with “Buy” rating.

Among 15 analysts covering Wabtec (NYSE:WAB), 9 have Buy rating, 0 Sell and 6 Hold. Therefore 60% are positive. Wabtec had 27 analyst reports since December 21, 2015 according to SRatingsIntel. Longbow downgraded the shares of WAB in report on Wednesday, October 26 to “Neutral” rating. The rating was maintained by Deutsche Bank on Monday, August 14 with “Hold”. On Thursday, July 13 the stock rating was downgraded by Deutsche Bank to “Hold”. Stifel Nicolaus maintained it with “Hold” rating and $74.0 target in Monday, September 11 report. The rating was maintained by Wolfe Research on Wednesday, October 26 with “Outperform”. As per Wednesday, February 22, the company rating was maintained by Stifel Nicolaus. The stock of Westinghouse Air Brake Technologies Corporation (NYSE:WAB) has “Buy” rating given on Wednesday, October 25 by Buckingham Research. The stock of Westinghouse Air Brake Technologies Corporation (NYSE:WAB) earned “Buy” rating by CLSA on Friday, September 30. As per Wednesday, September 7, the company rating was initiated by Deutsche Bank. On Tuesday, October 24 the stock rating was maintained by KeyBanc Capital Markets with “Buy”.

Since October 30, 2017, it had 0 insider buys, and 1 sale for $145,884 activity.

Provident Investment Management Inc, which manages about $417.42M and $590.08 million US Long portfolio, upped its stake in Fastenal Co (NASDAQ:FAST) by 38,056 shares to 611,783 shares, valued at $27.89M in 2017Q3, according to the filing. It also increased its holding in Exxon Mobil Corp (NYSE:XOM) by 18,580 shares in the quarter, for a total of 23,594 shares, and has risen its stake in Gilead Sciences Inc (NASDAQ:GILD).

Analysts await Westinghouse Air Brake Technologies Corporation (NYSE:WAB) to report earnings on February, 20. They expect $0.95 earnings per share, up 17.28% or $0.14 from last year’s $0.81 per share. WAB’s profit will be $91.20M for 22.42 P/E if the $0.95 EPS becomes a reality. After $0.88 actual earnings per share reported by Westinghouse Air Brake Technologies Corporation for the previous quarter, Wall Street now forecasts 7.95% EPS growth.

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