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Old Point Trust & Financial Services N A Has Decreased Its Position in Old Point Financial Corporatio (OPOF) by $1.05 Million as Market Valuation Rose; Wabtec (WAB) Holder Altarock Partners Has Trimmed Its Stake by $1.62 Million

Westinghouse Air Brake Technologies Corporation (NYSE:WAB) Logo

Old Point Trust & Financial Services N A decreased its stake in Old Point Financial Corporatio (OPOF) by 12.19% based on its latest 2018Q1 regulatory filing with the SEC. Old Point Trust & Financial Services N A sold 40,413 shares as the company’s stock rose 2.46% while stock markets declined. The institutional investor held 291,227 shares of the major banks company at the end of 2018Q1, valued at $7.68 million, down from 331,640 at the end of the previous reported quarter. Old Point Trust & Financial Services N A who had been investing in Old Point Financial Corporatio for a number of months, seems to be less bullish one the $147.30M market cap company. The stock decreased 1.57% or $0.46 during the last trading session, reaching $28.91. About 45,387 shares traded or 283.50% up from the average. Old Point Financial Corporation (NASDAQ:OPOF) has declined 10.34% since June 23, 2017 and is downtrending. It has underperformed by 22.91% the S&P500. Some Historical OPOF News: 26/04/2018 – Old Point 1Q EPS 19c; 22/05/2018 – Old Point Announces Successful Conversion of Citizens National Bank; 15/03/2018 – HOLDERS APPROVE OLD POINT PURCHASE OF CITIZENS NATIONAL BANK; 19/04/2018 – DJ Old Point Financial Corporation, Inst Holders, 1Q 2018 (OPOF); 02/04/2018 – Old Point Completes Acquisition Of Citizens National Bank; 26/04/2018 – Old Point Releases First Quarter 2018 Results; 09/05/2018 – Old Point Declares Dividend of 11c; 29/05/2018 – Old Point National Bank Taps Baker Hill for New Loan Origination System and Online Loan Application to Drive Efficiencies in Lending Process; 29/05/2018 – Old Point National Bank Taps Baker Hill for New Loan Origination System and Online Loan Application to Drive Efficiencies in; 15/03/2018 Shareholders Approve Old Point Financial Corporation’s Acquisition Of Citizens National Bank

Altarock Partners Llc decreased its stake in Wabtec (WAB) by 2.91% based on its latest 2018Q1 regulatory filing with the SEC. Altarock Partners Llc sold 20,000 shares as the company’s stock rose 16.10% while stock markets declined. The institutional investor held 666,426 shares of the railroads company at the end of 2018Q1, valued at $54.25 million, down from 686,426 at the end of the previous reported quarter. Altarock Partners Llc who had been investing in Wabtec for a number of months, seems to be less bullish one the $9.70B market cap company. The stock increased 0.27% or $0.27 during the last trading session, reaching $100.7. About 953,460 shares traded or 21.61% up from the average. Westinghouse Air Brake Technologies Corporation (NYSE:WAB) has risen 18.00% since June 23, 2017 and is uptrending. It has outperformed by 5.43% the S&P500. Some Historical WAB News: 21/04/2018 – DJ Westinghouse Air Brake Technologies, Inst Holders, 1Q 2018 (WAB); 03/04/2018 – DOJ: Knorr, Wabtec Settlement Prohibits Companies from Maintaining Employee ‘No-Poach’ Agreements; 07/05/2018 – Wabtec Plans To Affirm 2018 Financial Guidance And Long-Term Financial Targets At Investor Day; 21/05/2018 – MOODY’S AFFIRMS RATINGS OF WABTEC, WITH SR UNSECURED AT Baa3, O; 23/05/2018 – Union Pacific Chief Praises GE-Wabtec Railroad Deal; 21/05/2018 – Moody’s Affirms Ratings Of Wabtec, With Senior Unsecured At Baa3, On Announced Merger With Ge Transportation; Outlook Negative; 21/05/2018 – WABTEC – TRANSACTION IS EXPECTED TO BE TAX FREE TO COS’ RESPECTIVE SHAREHOLDERS; 21/05/2018 – Moody’s: We Expect the Much Larger GE Transportation Merger Will Be a More Challenging Undertaking For Wabtec Than Faiveley; 20/04/2018 – General Electric is in discussions to sell its rail business to Wabtec, according to multiple reports Friday; 21/05/2018 – WABTEC – CEO RAYMOND T. BETLER WILL REMAIN PRESIDENT AND CEO OF THE MERGED COMPANY

Investors sentiment decreased to 0.87 in 2018 Q1. Its down 1.13, from 2 in 2017Q4. It worsened, as 2 investors sold OPOF shares while 13 reduced holdings. 4 funds opened positions while 9 raised stakes. 1.84 million shares or 0.36% more from 1.83 million shares in 2017Q4 were reported. Manufacturers Life The stated it has 263 shares. Geode Mngmt Limited Company invested in 20,760 shares. State Street Corp holds 73,209 shares or 0% of its portfolio. Tower Rech Capital Ltd Co (Trc) accumulated 66 shares. 9,166 are held by Tiaa Cref Mngmt Limited Liability Com. Bnp Paribas Arbitrage owns 0% invested in Old Point Financial Corporation (NASDAQ:OPOF) for 773 shares. Great West Life Assurance Can holds 0% of its portfolio in Old Point Financial Corporation (NASDAQ:OPOF) for 23 shares. The Massachusetts-based Wellington Mngmt Group Limited Liability Partnership has invested 0% in Old Point Financial Corporation (NASDAQ:OPOF). 730 were accumulated by Jpmorgan Chase And Company. Northern Corporation accumulated 0% or 38,249 shares. The Germany-based Deutsche Bancorporation Ag has invested 0% in Old Point Financial Corporation (NASDAQ:OPOF). Stieven Advsrs LP invested 0.73% in Old Point Financial Corporation (NASDAQ:OPOF). Vanguard Grp Inc Inc has 0% invested in Old Point Financial Corporation (NASDAQ:OPOF). Dimensional Fund LP reported 13,195 shares. Ameritas Investment Inc owns 0% invested in Old Point Financial Corporation (NASDAQ:OPOF) for 318 shares.

Old Point Trust & Financial Services N A, which manages about $177.08 million US Long portfolio, upped its stake in Dominion Energy Inc (NYSE:D) by 6,220 shares to 49,193 shares, valued at $3.32M in 2018Q1, according to the filing.

Since June 5, 2018, it had 1 insider buy, and 0 sales for $3,746 activity.

Altarock Partners Llc, which manages about $109.11M and $873.86 million US Long portfolio, upped its stake in Charter Communications by 151,411 shares to 589,514 shares, valued at $183.47M in 2018Q1, according to the filing.

Since May 23, 2018, it had 0 buys, and 7 sales for $14.53 million activity. 3,500 Westinghouse Air Brake Technologies Corporation (NYSE:WAB) shares with value of $341,600 were sold by BROOKS ROBERT J. Hehir Brian sold $284,437 worth of stock or 2,952 shares. 9,000 shares were sold by WAHLSTROM SCOTT, worth $877,190 on Friday, May 25. Another trade for 65,000 shares valued at $6.29M was sold by NEUPAVER ALBERT J. The insider FOSTER LEE B II sold $387,600. FERNANDEZ EMILIO had sold 10,000 shares worth $976,950 on Wednesday, May 30.

Analysts await Westinghouse Air Brake Technologies Corporation (NYSE:WAB) to report earnings on July, 24. They expect $0.94 earnings per share, up 17.50% or $0.14 from last year’s $0.8 per share. WAB’s profit will be $90.52 million for 26.78 P/E if the $0.94 EPS becomes a reality. After $0.92 actual earnings per share reported by Westinghouse Air Brake Technologies Corporation for the previous quarter, Wall Street now forecasts 2.17% EPS growth.

Investors sentiment decreased to 0.83 in 2018 Q1. Its down 0.10, from 0.93 in 2017Q4. It dropped, as 41 investors sold WAB shares while 131 reduced holdings. 37 funds opened positions while 106 raised stakes. 100.39 million shares or 2.05% less from 102.49 million shares in 2017Q4 were reported. Strs Ohio holds 0% or 1,032 shares. Moreover, Advsrs Asset Mngmt has 0.01% invested in Westinghouse Air Brake Technologies Corporation (NYSE:WAB). Segall Bryant & Hamill Ltd Liability Co has 6,048 shares for 0.01% of their portfolio. Emerald Advisers Pa accumulated 4,021 shares. Ameritas Prtnrs holds 0.1% or 25,597 shares. Quantitative Investment Ltd Llc has invested 0.09% in Westinghouse Air Brake Technologies Corporation (NYSE:WAB). Teachers Retirement System Of The State Of Kentucky holds 133,361 shares or 0.13% of its portfolio. 4,196 are held by Bnp Paribas Asset Mgmt. Moreover, California State Teachers Retirement Sys has 0.03% invested in Westinghouse Air Brake Technologies Corporation (NYSE:WAB) for 145,820 shares. The Massachusetts-based Boston Private Wealth Limited Liability has invested 0.01% in Westinghouse Air Brake Technologies Corporation (NYSE:WAB). Williams Jones & Assoc Llc stated it has 1.05% of its portfolio in Westinghouse Air Brake Technologies Corporation (NYSE:WAB). Hudock Capital stated it has 0% in Westinghouse Air Brake Technologies Corporation (NYSE:WAB). Engineers Gate Manager Lp stated it has 27,482 shares. 332 are owned by Johnson Financial Gru. Sentry holds 0.04% or 35,000 shares in its portfolio.

Old Point Financial Corporation (NASDAQ:OPOF) Institutional Positions Chart

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