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Kayne Anderson Rudnick Investment Management Raised By $11.80 Million Its Pricesmart (PSMT) Position; Icahn Enterprises LP (IEP)’s Sentiment Is 0.88

Kayne Anderson Rudnick Investment Management Llc increased Pricesmart Inc (PSMT) stake by 9.61% reported in 2017Q3 SEC filing. Kayne Anderson Rudnick Investment Management Llc acquired 132,555 shares as Pricesmart Inc (PSMT)’s stock declined 1.55%. The Kayne Anderson Rudnick Investment Management Llc holds 1.51M shares with $134.89 million value, up from 1.38M last quarter. Pricesmart Inc now has $2.52B valuation. The stock increased 0.85% or $0.7 during the last trading session, reaching $83. About 201,112 shares traded or 55.55% up from the average. PriceSmart, Inc. (NASDAQ:PSMT) has risen 3.40% since January 14, 2017 and is uptrending. It has underperformed by 13.30% the S&P500.

Icahn Enterprises L.P., through its subsidiaries, operates in investment, automotive, energy, metals, railcar, gaming, metals, mining, food packaging, real estate, and home fashion businesses in the United States, Germany, and Internationally. The company has market cap of $9.45 billion. The Company’s Investment segment operates various private investment funds. It has a 4.57 P/E ratio. The companyÂ’s Automotive segment supplies a range of components, accessories, and systems to the automotive, small engine, heavy-duty, marine, railroad, agricultural, off-road, aerospace and energy, industrial, and transport markets; and distributes automotive parts, as well as operates automotive retail, and service and tire centers.

Icahn Carl C holds 39.62% of its portfolio in Icahn Enterprises L.P. for 153.49 million shares. Mad River Investors owns 72,672 shares or 4.27% of their US portfolio. Moreover, Horizon Kinetics Llc has 4.19% invested in the company for 2.60 million shares. The Michigan-based Fishman Jay A Ltd Mi has invested 1.18% in the stock. Citigroup Inc, a New York-based fund reported 7.17 million shares.

The stock decreased 0.78% or $0.44 during the last trading session, reaching $55.89. About 105,524 shares traded or 7.39% up from the average. Icahn Enterprises L.P. (IEP) has declined 7.69% since January 14, 2017 and is downtrending. It has underperformed by 24.39% the S&P500.

Among 3 analysts covering PriceSmart (NASDAQ:PSMT), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. PriceSmart had 7 analyst reports since September 1, 2015 according to SRatingsIntel. The firm has “Hold” rating by Scotia Capital given on Friday, January 5. The firm has “Sell” rating by Zacks given on Tuesday, September 1. The company was maintained on Monday, January 11 by TH Capital. Roth Capital maintained the stock with “Buy” rating in Thursday, September 28 report.

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