Washington Trust Bank Lowered Paccar (PCAR) Holding By $439,200; Westwood Holdings Group Has 1.57 Sentiment

Washington Trust Bank decreased Paccar Inc (PCAR) stake by 0.34% reported in 2017Q3 SEC filing. Washington Trust Bank sold 6,100 shares as Paccar Inc (PCAR)’s stock declined 8.74%. The Washington Trust Bank holds 1.80M shares with $130.39M value, down from 1.81M last quarter. Paccar Inc now has $22.16 billion valuation. The stock decreased 2.15% or $1.38 during the last trading session, reaching $62.94. About 2.60M shares traded. PACCAR Inc (NASDAQ:PCAR) has risen 19.93% since March 24, 2017 and is uptrending. It has outperformed by 3.23% the S&P500.

Westwood Holdings Group, Inc., through its subsidiaries, manages investment assets and provides services for its clients. The company has market cap of $490.54 million. The firm operates in two divisions, Advisory and Trust. It has a 22.94 P/E ratio. The Advisory segment provides investment advisory services to corporate retirement plans, public retirement plans, endowments, foundations, individuals, and the Westwood Funds; and investment sub-advisory services to mutual funds, pooled investment vehicles, and its Trust segment.

The stock decreased 1.57% or $0.87 during the last trading session, reaching $54.59. About 36,045 shares traded or 20.39% up from the average. Westwood Holdings Group, Inc. (WHG) has declined 4.96% since March 24, 2017 and is downtrending. It has underperformed by 21.66% the S&P500.

Since January 1, 0001, it had 0 insider buys, and 3 insider sales for $630,554 activity.

Conestoga Capital Advisors Llc holds 1.87% of its portfolio in Westwood Holdings Group, Inc. for 626,856 shares. Hendershot Investments Inc. owns 63,806 shares or 1.83% of their US portfolio. Moreover, Punch & Associates Investment Management Inc. has 1.11% invested in the company for 186,604 shares. The Illinois-based North Star Investment Management Corp. has invested 0.44% in the stock. Hancock Holding Co, a Mississippi-based fund reported 147,370 shares.

Washington Trust Bank increased Applied Materials Inc (NASDAQ:AMAT) stake by 72,833 shares to 150,176 valued at $7.82 million in 2017Q3. It also upped Pioneer Natural Resources Co (NYSE:PXD) stake by 10,626 shares and now owns 20,839 shares. Priceline Group Inc/The (NASDAQ:PCLN) was raised too.

Analysts await PACCAR Inc (NASDAQ:PCAR) to report earnings on April, 24. They expect $1.29 EPS, up 46.59% or $0.41 from last year’s $0.88 per share. PCAR’s profit will be $454.18 million for 12.20 P/E if the $1.29 EPS becomes a reality. After $1.18 actual EPS reported by PACCAR Inc for the previous quarter, Wall Street now forecasts 9.32% EPS growth.

Investors sentiment increased to 1.4 in Q3 2017. Its up 0.34, from 1.06 in 2017Q2. It improved, as 40 investors sold PCAR shares while 147 reduced holdings. 46 funds opened positions while 152 raised stakes. 213.97 million shares or 0.17% more from 213.61 million shares in 2017Q2 were reported. Amica Retiree Medical Trust invested in 1,988 shares. The New York-based Bnp Paribas Arbitrage Sa has invested 0.03% in PACCAR Inc (NASDAQ:PCAR). Hartford Financial Mngmt has invested 0.14% in PACCAR Inc (NASDAQ:PCAR). State Of Alaska Department Of Revenue reported 12,145 shares or 0.04% of all its holdings. 7,300 are held by Pinnacle Assocs Limited. Zebra Management Ltd Liability reported 22,284 shares. Mufg Americas invested in 3,162 shares. Fruth Invest has invested 0.19% in PACCAR Inc (NASDAQ:PCAR). Intll Grp Inc Inc invested in 0.04% or 158,857 shares. Cullen Frost Bankers, Texas-based fund reported 14,980 shares. Stevens Lp reported 0.21% in PACCAR Inc (NASDAQ:PCAR). Parkside Bank owns 219 shares or 0.01% of their US portfolio. Highvista Strategies Ltd Liability Com holds 0.07% of its portfolio in PACCAR Inc (NASDAQ:PCAR) for 4,400 shares. Voya Investment Mngmt Lc owns 187,921 shares for 0.03% of their portfolio. Point72 Asia (Hong Kong) Limited invested 0% of its portfolio in PACCAR Inc (NASDAQ:PCAR).

Since October 30, 2017, it had 2 insider purchases, and 2 sales for $1.88 million activity. Davila Marco A. bought $39,356 worth of stock. 21 shares valued at $1,482 were bought by GRANDSTAFF DOUGLAS S on Wednesday, February 7. On Tuesday, October 31 LEY ALMA LILY sold $285,704 worth of PACCAR Inc (NASDAQ:PCAR) or 4,024 shares. LeVier Jack K. also sold $1.63 million worth of PACCAR Inc (NASDAQ:PCAR) shares.