Ami Asset Management Has Upped Its Echo Global Logistics (ECHO) Stake; Schulman A (SHLM) Sentiment Is 1.05

Ami Asset Management Corp increased Echo Global Logistics Inc (ECHO) stake by 3.02% reported in 2017Q3 SEC filing. Ami Asset Management Corp acquired 17,517 shares as Echo Global Logistics Inc (ECHO)’s stock declined 21.96%. The Ami Asset Management Corp holds 597,047 shares with $11.25M value, up from 579,530 last quarter. Echo Global Logistics Inc now has $816.30 million valuation. The stock increased 2.99% or $0.85 during the last trading session, reaching $29.25. About 442,319 shares traded or 8.74% up from the average. Echo Global Logistics, Inc. (NASDAQ:ECHO) has declined 17.14% since February 8, 2017 and is downtrending. It has underperformed by 33.84% the S&P500.

A. Schulman, Inc. manufactures and supplies plastic compounds and resins. The company has market cap of $1.06 billion. It offers custom performance colors, including standard and customized colors, organic and inorganic pigments, high chroma colors in translucent or opaque formats, and special effects. It has a 29.08 P/E ratio. The firm also provides engineered composites, such as thermoset bulk, sheet, and thick molding compounds, as well as high performance engineered structural composite solutions for original equipment manufacturers and custom molders.

Among 15 analysts covering Echo Global Logistics (NASDAQ:ECHO), 9 have Buy rating, 1 Sell and 5 Hold. Therefore 60% are positive. Echo Global Logistics has $34.0 highest and $14 lowest target. $26.92’s average target is -7.97% below currents $29.25 stock price. Echo Global Logistics had 37 analyst reports since August 11, 2015 according to SRatingsIntel. The stock has “Outperform” rating by Barrington Research on Friday, August 28. The company was downgraded on Friday, July 28 by UBS. On Monday, July 17 the stock rating was maintained by Stifel Nicolaus with “Buy”. The company was downgraded on Monday, July 11 by UBS. The stock has “Sell” rating by Zacks on Wednesday, September 2. As per Tuesday, December 20, the company rating was initiated by Susquehanna. JP Morgan initiated it with “Overweight” rating and $31 target in Monday, July 11 report. UBS upgraded the stock to “Hold” rating in Monday, January 29 report. The rating was maintained by Morgan Stanley on Thursday, October 26 with “Equal-Weight”. Stifel Nicolaus upgraded Echo Global Logistics, Inc. (NASDAQ:ECHO) rating on Tuesday, August 18. Stifel Nicolaus has “Buy” rating and $30 target.

Investors sentiment increased to 1.17 in 2017 Q3. Its up 0.08, from 1.09 in 2017Q2. It improved, as 18 investors sold ECHO shares while 36 reduced holdings. 21 funds opened positions while 42 raised stakes. 25.35 million shares or 4.42% more from 24.27 million shares in 2017Q2 were reported. State Of Alaska Department Of Revenue invested 0.01% of its portfolio in Echo Global Logistics, Inc. (NASDAQ:ECHO). Menta Capital Limited Company invested 0.03% in Echo Global Logistics, Inc. (NASDAQ:ECHO). 3.47M are owned by Blackrock. North Star Asset holds 0.94% or 416,100 shares. Nationwide Fund Advsr reported 0% of its portfolio in Echo Global Logistics, Inc. (NASDAQ:ECHO). California Public Employees Retirement Systems has invested 0% in Echo Global Logistics, Inc. (NASDAQ:ECHO). 8,693 were reported by Tower (Trc). Rutabaga Capital Mgmt Limited Liability Corporation Ma invested in 1.1% or 273,105 shares. Public Employees Retirement Systems Of Ohio reported 3,387 shares. Alliancebernstein LP owns 27,620 shares or 0% of their US portfolio. Prudential Finance reported 44,310 shares stake. Credit Suisse Ag invested in 0% or 36,462 shares. Royal Financial Bank Of Canada accumulated 0% or 2,837 shares. Tiverton Asset Management Limited Com has 181,279 shares for 0.19% of their portfolio. Geode Mgmt stated it has 0% of its portfolio in Echo Global Logistics, Inc. (NASDAQ:ECHO).

Ratings analysis reveals 67% of A. Schulman’s analysts are positive. Out of 3 Wall Street analysts rating A. Schulman, 2 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. SHLM was included in 3 notes of analysts from August 26, 2016. The rating was upgraded by Northcoast to “Buy” on Friday, August 26. The firm earned “Neutral” rating on Thursday, November 17 by Seaport Global Securities. Gabelli upgraded A. Schulman, Inc. (NASDAQ:SHLM) on Tuesday, October 4 to “Buy” rating.

Silver Capital Management Llc holds 2.99% of its portfolio in A. Schulman, Inc. for 21,730 shares. Kingdon Capital Management L.L.C. owns 801,602 shares or 1.78% of their US portfolio. Moreover, Glenhill Advisors Llc has 1.68% invested in the company for 607,815 shares. The New York-based Rudman Errol M has invested 1.45% in the stock. Tributary Capital Management Llc, a Colorado-based fund reported 482,038 shares.

The stock decreased 0.68% or $0.25 during the last trading session, reaching $36.35. About 195,108 shares traded or 13.13% up from the average. A. Schulman, Inc. (SHLM) has risen 17.55% since February 8, 2017 and is uptrending. It has outperformed by 0.85% the S&P500.