Lee Foster Unloaded 4,000 Shares of Westinghouse Air Brake Technologies (WAB); Scout Investments Increased By $1.08 Million Its Coherent (COHR) Position

Coherent, Inc. (NASDAQ:COHR) Logo

Scout Investments Inc increased Coherent Inc (COHR) stake by 5.92% reported in 2017Q4 SEC filing. Scout Investments Inc acquired 3,844 shares as Coherent Inc (COHR)’s stock declined 35.76%. The Scout Investments Inc holds 68,759 shares with $19.41 million value, up from 64,915 last quarter. Coherent Inc now has $4.31 billion valuation. The stock increased 0.36% or $0.62 during the last trading session, reaching $173.38. About 344,599 shares traded. Coherent, Inc. (NASDAQ:COHR) has declined 7.45% since May 24, 2017 and is downtrending. It has underperformed by 19.00% the S&P500.

Scout Investments Inc decreased Sap Se (NYSE:SAP) stake by 10,901 shares to 165,226 valued at $18.57M in 2017Q4. It also reduced Omega Healthcare Investors Inc. (NYSE:OHI) stake by 22,619 shares and now owns 375,777 shares. Skf Ab (SKFRY) was reduced too.

Since January 4, 2018, it had 0 insider buys, and 2 selling transactions for $517,735 activity. 500 shares were sold by SKAGGS STEPHEN A, worth $106,135. 1,372 Coherent, Inc. (NASDAQ:COHR) shares with value of $411,600 were sold by Sechrist Paul F.

Among 7 analysts covering Coherent (NASDAQ:COHR), 7 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Coherent had 31 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of Coherent, Inc. (NASDAQ:COHR) earned “Buy” rating by Benchmark on Thursday, November 10. The company was maintained on Wednesday, November 8 by Needham. On Thursday, February 8 the stock rating was maintained by Needham with “Buy”. The stock of Coherent, Inc. (NASDAQ:COHR) earned “Buy” rating by Benchmark on Monday, June 12. TheStreet downgraded the shares of COHR in report on Wednesday, September 2 to “Buy” rating. Stifel Nicolaus maintained the shares of COHR in report on Tuesday, January 3 with “Buy” rating. The rating was initiated by Susquehanna on Wednesday, February 15 with “Neutral”. The rating was maintained by Barclays Capital on Wednesday, May 2 with “Overweight”. The firm has “Buy” rating given on Thursday, February 8 by Stifel Nicolaus. The firm has “Buy” rating by Needham given on Thursday, November 3.

More important recent Coherent, Inc. (NASDAQ:COHR) news were published by: Seekingalpha.com which released: “Coherent: Solid Results, Weak Sentiment” on May 09, 2018, also Benzinga.com published article titled: “Coherent Q2 Earnings Preview”, Globenewswire.com published: “Consolidated Research: 2018 Summary Expectations for Virtusa, AutoZone, Healthcare Services Group, Vmware …” on May 17, 2018. More interesting news about Coherent, Inc. (NASDAQ:COHR) was released by: Seekingalpha.com and their article: “BofI Is Inexpensive – Cramer’s Lightning Round (4/30/18)” with publication date: May 01, 2018.

Investors sentiment decreased to 1.02 in 2017 Q4. Its down 0.01, from 1.03 in 2017Q3. It dropped, as 43 investors sold COHR shares while 111 reduced holdings. 60 funds opened positions while 97 raised stakes. 22.70 million shares or 2.26% less from 23.23 million shares in 2017Q3 were reported. Genesee Valley Trust reported 1,191 shares. Shell Asset, a Netherlands-based fund reported 1,620 shares. 1832 Asset Mngmt Lp owns 0% invested in Coherent, Inc. (NASDAQ:COHR) for 4,700 shares. Timessquare Cap Mgmt Lc stated it has 0.69% of its portfolio in Coherent, Inc. (NASDAQ:COHR). Hillsdale Investment reported 1,100 shares stake. Franklin Res Inc holds 0.01% of its portfolio in Coherent, Inc. (NASDAQ:COHR) for 102,200 shares. Mackenzie Fincl owns 17,644 shares for 0.01% of their portfolio. Pub Employees Retirement Sys Of Ohio has invested 0.04% in Coherent, Inc. (NASDAQ:COHR). Oberweis Asset Mngmt reported 1.68% in Coherent, Inc. (NASDAQ:COHR). The Massachusetts-based Moors & Cabot Inc has invested 0.03% in Coherent, Inc. (NASDAQ:COHR). Mutual Of America Cap Management Llc accumulated 0.09% or 21,492 shares. Axa has 0.06% invested in Coherent, Inc. (NASDAQ:COHR). Hood River Capital Mgmt Lc owns 192,291 shares or 3.14% of their US portfolio. Regis Ltd owns 9,565 shares. 82,859 were accumulated by Btim.

Analysts await Westinghouse Air Brake Technologies Corporation (NYSE:WAB) to report earnings on July, 24. They expect $0.94 EPS, up 17.50% or $0.14 from last year’s $0.8 per share. WAB’s profit will be $90.50M for 25.80 P/E if the $0.94 EPS becomes a reality. After $0.92 actual EPS reported by Westinghouse Air Brake Technologies Corporation for the previous quarter, Wall Street now forecasts 2.17% EPS growth.

Among 17 analysts covering Wabtec (NYSE:WAB), 12 have Buy rating, 0 Sell and 5 Hold. Therefore 71% are positive. Wabtec has $106 highest and $68.0 lowest target. $92.85’s average target is -4.28% below currents $97 stock price. Wabtec had 40 analyst reports since December 21, 2015 according to SRatingsIntel. The company was maintained on Monday, August 14 by Deutsche Bank. Stifel Nicolaus maintained Westinghouse Air Brake Technologies Corporation (NYSE:WAB) rating on Wednesday, October 25. Stifel Nicolaus has “Hold” rating and $75 target. The stock of Westinghouse Air Brake Technologies Corporation (NYSE:WAB) has “Hold” rating given on Wednesday, February 21 by Stifel Nicolaus. Longbow initiated Westinghouse Air Brake Technologies Corporation (NYSE:WAB) rating on Wednesday, June 21. Longbow has “Buy” rating and $10400 target. The stock of Westinghouse Air Brake Technologies Corporation (NYSE:WAB) has “Hold” rating given on Wednesday, July 26 by Edward Jones. As per Thursday, February 4, the company rating was downgraded by Goldman Sachs. FBR Capital maintained the stock with “Mkt Perform” rating in Wednesday, July 26 report. The firm has “Buy” rating given on Wednesday, April 25 by Seaport Global. The stock of Westinghouse Air Brake Technologies Corporation (NYSE:WAB) earned “Buy” rating by Deutsche Bank on Monday, May 14. The firm earned “Buy” rating on Monday, December 21 by Stifel Nicolaus.

Westinghouse Air Brake Technologies Corporation, doing business as Wabtec Corporation, provides technology equipment and services for the freight rail and passenger transit vehicle industries worldwide. The company has market cap of $9.34 billion. It operates in two divisions, Freight and Transit. It has a 35.66 P/E ratio. The Freight segment makes and services components for new and existing locomotive and freight cars; supplies railway electronics and positive train control equipment; offers signal design and engineering services; manufactures switcher locomotives; rebuilds freight locomotives; and provides heat exchangers and cooling systems for rail and other industrial markets.

Lee Foster, an insider and also director of the large company Westinghouse Air Brake Technologies Corp made trade. He unloaded 4,000 shares of the corporation with Lee Foster’s stock sale having a market value near $387,600 U.S Dollars – at an average $96.9 per every share. The regulatory filing shows that Lee Foster now holds about 0.07% of the Pennsylvania-based company’s market cap Lee completed this trade on May 24, 2018. The report is accessible online here at the U.S. SEC website.

The stock increased 0.35% or $0.34 during the last trading session, reaching $97. About 451,561 shares traded. Westinghouse Air Brake Technologies Corporation (NYSE:WAB) has risen 7.58% since May 24, 2017 and is uptrending. It has underperformed by 3.97% the S&P500.

More notable recent Westinghouse Air Brake Technologies Corporation (NYSE:WAB) news were published by: Seekingalpha.com which released: “Wabtec and GE Transportation to merge” on May 21, 2018, also Bizjournals.com with their article: “Seven Pittsburgh-area companies on 2018’s Fortune 500 list” published on May 22, 2018, Bizjournals.com published: “GE merges its locomotive business in $11B deal. What’s the Fort Worth impact?” on May 21, 2018. More interesting news about Westinghouse Air Brake Technologies Corporation (NYSE:WAB) were released by: Streetinsider.com and their article: “GE cannot guarantee dividend, still fixing some units, CEO says” published on May 23, 2018 as well as Finance.Yahoo.com‘s news article titled: “Tuesday’s Vital Data: General Electric Company (GE), Micron Technology, Inc. (MU) and Chesapeake Energy ..” with publication date: May 22, 2018.

Westinghouse Air Brake Technologies Corporation (NYSE:WAB) Institutional Positions Chart