Xact Kapitalforvaltning AB Boosts Holdings in PPG Industries, Inc. (PPG)

Cornelia Mascio
Marzo 25, 2018

Bank Of The Ozarks holds 2,550 shares. The stock decreased 1.64% or $1.83 during the last trading session, reaching $109.48. About 216,042 shares traded. PPG Industries, Inc. (NYSE:PPG) has risen 1.03% since March 23, 2017 and is uptrending. It has underperformed by 15.67% the S&P500. Barclays reissued an "equal weight" rating and issued a $122.00 target price (down previously from $125.00) on shares of PPG Industries in a report on Friday, March 2nd. Therefore 56% are positive. The company's revenue was up 7.8% on a year-over-year basis. equities analysts expect that PPG Industries, Inc. will post 6.54 earnings per share for the current year.

PPG Industries, Inc manufactures and distributes a range of coatings and specialty materials. Finally, Deutsche Bank upgraded PPG Industries from a "hold" rating to a "buy" rating and lifted their target price for the stock from $126.00 to $130.00 in a research report on Tuesday. (NYSE:PPG) has "Outperform" rating given on Monday, July 17 by Credit Suisse.

TRADEMARK VIOLATION WARNING: "151,300 Shares in PPG Industries, Inc". About 961,922 shares traded or 46.93% up from the average. The company was maintained on Monday, April 18 by Citigroup. The firm earned "Buy" rating on Monday, September 25 by KeyBanc Capital Markets. RBC Capital Markets maintained the stock with "Outperform" rating in Monday, September 14 report. Jefferies maintained the stock with "Buy" rating in Tuesday, January 2 report. (NYSE:PPG) earned "Overweight" rating by Atlantic Securities on Wednesday, March 15. PPG Industries's dividend payout ratio (DPR) is now 28.53%.

Analysts await Visa Inc. After $1.42 actual earnings per share reported by Costco Wholesale Corporation for the previous quarter, Wall Street now forecasts 16.90% EPS growth. COST's profit will be $728.44M for 27.23 P/E if the $1.66 EPS becomes a reality. (NYSE:PPG) for 66,783 shares.

Among 42 analysts covering Visa Inc.

Since February 22, 2018, it had 0 buys, and 1 insider sale for $1.10 million activity. Therefore 63% are positive. Lowe's Companies Inc. had 97 analyst reports since August 19, 2015 according to SRatingsIntel. The rating was maintained by Seaport Global with "Buy" on Tuesday, January 23. S&P Research maintained Lowe's Companies, Inc. Piper Jaffray maintained Lowe's Companies, Inc. (NYSE:V) has "Buy" rating given on Friday, February 2 by Guggenheim. (NYSE:V), 34 have Buy rating, 0 Sell and 8 Hold. The company was upgraded on Thursday, November 19 by Zelman. PPG Industries presently has an average rating of "Hold" and an average price target of $125.13. The company was maintained on Wednesday, August 23 by Jefferies. Nomura maintained it with "Buy" rating and $146 target in Friday, February 2 report.

Investors sentiment decreased to 1.01 in Q3 2017. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.66 and a quick ratio of 1.22. Logan Capital invested in 19,942 shares or 0.15% of the stock. 589.78 million shares or 2.68% less from 606.01 million shares in 2017Q2 were reported. Willingdon Wealth holds 18,135 shares. Levin Cap Strategies Limited Partnership stated it has 0.01% in Visa Inc. Macquarie Group Ltd. now owns 135,385 shares of the specialty chemicals company's stock valued at $14,711,000 after acquiring an additional 4,325 shares in the last quarter. During the same quarter in the previous year, the firm earned $1.19 earnings per share. Ppg Ind Inc now has $27.30B valuation. Thompson Rubinstein Invest Mngmt Or holds 0.54% or 14,320 shares in its portfolio. (NYSE:PPG) for 5,098 shares.

Several analysts have recently issued reports on the company. (NYSE:PPG) or 9,121 shares. Kingdon Capital Mgmt Lc stated it has 30,179 shares. Wexford Cap Ltd Partnership, a Connecticut-based fund reported 50,981 shares. Factory Mutual Insurance accumulated 555,200 shares. Hudson Valley Investment Advisors Adv accumulated 5,315 shares. Company insiders own 0.33% of the company's stock.

Marshall Wace Llp increased Cyberark Softwar (NASDAQ:CYBR) stake by 13,552 shares to 25,906 valued at $1.06 million in 2017Q3.

The Industrial Coatings segment includes the automotive original equipment manufacturer (OEM), industrial coatings, packaging coatings, coatings services and specialty coatings and materials businesses. It operates in three divisions: Performance Coatings, Industrial Coatings, and Glass. The Performance Coatings segment provides coatings products for automotive and commercial transport/fleet fix and refurbishing; light industrial and specialty coatings for signs; coatings, sealants, and transparencies for commercial, military, regional jet and general aviation aircraft, and transparent armor for specialty applications; protective and marine coatings and finishes; architectural coatings; and purchased sundries to painting contractors and consumers, as well as chemical management services.

Investors sentiment decreased to 1 in Q3 2017. Its up 0.34, from 0.8 in 2017Q2.

A number of other institutional investors have also recently bought and sold shares of PPG. 73 funds opened positions while 219 raised stakes. 186.32 million shares or 0.58% more from 185.24 million shares in 2017Q2 were reported. Public Employees Retirement Association Of Colorado accumulated 683,695 shares. PPG Industries, Inc. has a 52 week low of $100.45 and a 52 week high of $122.07. "(PPG)" was first posted by Macon Daily and is the sole property of of Macon Daily. 64,841 are owned by Huntington Financial Bank. At Bank, Iowa-based fund reported 2,037 shares.

Quantitative Investment Management LLC bought a new stake in PPG Industries, Inc.

Other large investors have also recently modified their holdings of the company. (NYSE:V) for 3,246 shares. Moreover, Hermes Inv Mgmt has 0.11% invested in PPG Industries, Inc. Vista Partners Inc holds 2,652 shares.

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