Alecta Pensionsforsakring Omsesidigt increased Wabtec Corp (WAB) stake by 15% reported in 2017Q3 SEC filing. Alecta Pensionsforsakring Omsesidigt acquired 150,000 shares as Wabtec Corp (WAB)’s stock declined 6.73%. The Alecta Pensionsforsakring Omsesidigt holds 1.15 million shares with $87.11M value, up from 1.00 million last quarter. Wabtec Corp now has $7.42B valuation. The stock increased 3.57% or $2.66 during the last trading session, reaching $77.27. About 1.46M shares traded or 98.17% up from the average. Westinghouse Air Brake Technologies Corporation (NYSE:WAB) has risen 7.39% since February 19, 2017 and is uptrending. It has underperformed by 9.31% the S&P500.
AllianceBernstein Holding L.P. is publicly owned investment manager. The company has market cap of $2.64 billion. The firm also provides research services to its clients. It has a 12.91 P/E ratio. It provides its services to investment companies, pension and profit sharing plans, banks and thrift institutions, trusts, estates, government agencies, charitable organizations, individuals, firms, and other business entities.
The stock increased 0.92% or $0.25 during the last trading session, reaching $27.35. About 527,035 shares traded or 77.42% up from the average. AllianceBernstein Holding L.P. (AB) has declined 7.46% since February 19, 2017 and is downtrending. It has underperformed by 24.16% the S&P500.
Meiji Yasuda Life Insurance Co holds 5.68% of its portfolio in AllianceBernstein Holding L.P. for 1.59 million shares. Groesbeck Investment Management Corp Nj owns 122,231 shares or 2.14% of their US portfolio. Moreover, New England Research & Management Inc. has 1.33% invested in the company for 74,778 shares. The California-based Philadelphia Financial Management Of San Francisco Llc has invested 1.22% in the stock. Bridgecreek Investment Management Llc, a Oklahoma-based fund reported 171,775 shares.
Among 15 analysts covering Wabtec (NYSE:WAB), 9 have Buy rating, 0 Sell and 6 Hold. Therefore 60% are positive. Wabtec had 30 analyst reports since December 21, 2015 according to SRatingsIntel. The rating was upgraded by William Blair to “Outperform” on Wednesday, December 21. The stock has “Buy” rating by Longbow on Wednesday, June 21. As per Thursday, February 4, the company rating was downgraded by Goldman Sachs. On Friday, April 7 the stock rating was upgraded by Wellington Shields to “Gradually Accumulate”. FBR Capital maintained the shares of WAB in report on Wednesday, July 26 with “Mkt Perform” rating. KeyBanc Capital Markets maintained Westinghouse Air Brake Technologies Corporation (NYSE:WAB) on Tuesday, October 24 with “Buy” rating. Stifel Nicolaus upgraded it to “Buy” rating and $88 target in Monday, December 21 report. The stock of Westinghouse Air Brake Technologies Corporation (NYSE:WAB) earned “Hold” rating by Stifel Nicolaus on Monday, July 17. The stock of Westinghouse Air Brake Technologies Corporation (NYSE:WAB) earned “Buy” rating by Wolfe Research on Friday, February 16. On Wednesday, July 26 the stock rating was downgraded by Edward Jones to “Hold”.
Investors sentiment decreased to 0.82 in 2017 Q3. Its down 0.39, from 1.21 in 2017Q2. It worsened, as 48 investors sold WAB shares while 133 reduced holdings. 35 funds opened positions while 113 raised stakes. 101.47 million shares or 2.77% more from 98.74 million shares in 2017Q2 were reported. Hahn Mngmt invested in 109,972 shares or 0.82% of the stock. Mycio Wealth Lc owns 6.34% invested in Westinghouse Air Brake Technologies Corporation (NYSE:WAB) for 739,289 shares. Stone Run Ltd owns 59,525 shares for 2.32% of their portfolio. Boston Private Wealth Lc holds 0.01% or 3,514 shares. Canada Pension Plan Inv Board reported 0% in Westinghouse Air Brake Technologies Corporation (NYSE:WAB). Peak6 Invs LP invested in 0% or 2,216 shares. Farmers And Merchants Investments Incorporated invested in 0% or 76 shares. Blackrock Incorporated reported 0.03% of its portfolio in Westinghouse Air Brake Technologies Corporation (NYSE:WAB). Laurel Grove Ltd Co, a California-based fund reported 61,950 shares. Fifth Third Commercial Bank invested in 3,544 shares or 0% of the stock. Toronto Dominion Bancorporation reported 0% stake. Whittier Tru Com holds 470 shares. Bancshares has 0.01% invested in Westinghouse Air Brake Technologies Corporation (NYSE:WAB) for 4,954 shares. Hikari Power has 183,300 shares. Private Advisor Group Ltd Co has invested 0.02% in Westinghouse Air Brake Technologies Corporation (NYSE:WAB).
Since October 30, 2017, it had 0 insider purchases, and 1 insider sale for $145,884 activity. $145,884 worth of Westinghouse Air Brake Technologies Corporation (NYSE:WAB) shares were sold by DeNinno David L.
Alecta Pensionsforsakring Omsesidigt decreased Lauder (Estee) Co. (NYSE:EL) stake by 220,000 shares to 2.82 million valued at $304.14 million in 2017Q3. It also reduced Polaris Industries Inc (NYSE:PII) stake by 100,000 shares and now owns 450,000 shares. Nielsen Holding Plc was reduced too.