As Douglas Dynamics (PLOW) Shares Rose, Shareholder Gilman Hill Asset Management Has Lowered Position by $556,739; Scotia Capital Has Raised Freeport (FCX) Stake

May 22, 2018 - By Linda Rogers

Freeport-McMoRan Inc. (NYSE:FCX) Logo

Gilman Hill Asset Management Llc decreased its stake in Douglas Dynamics Inc (PLOW) by 9.1% based on its latest 2017Q4 regulatory filing with the SEC. Gilman Hill Asset Management Llc sold 15,047 shares as the company’s stock rose 10.82% while stock markets declined. The institutional investor held 150,221 shares of the capital goods company at the end of 2017Q4, valued at $5.68M, down from 165,268 at the end of the previous reported quarter. Gilman Hill Asset Management Llc who had been investing in Douglas Dynamics Inc for a number of months, seems to be less bullish one the $1.05B market cap company. The stock decreased 0.54% or $0.25 during the last trading session, reaching $46.4. About 24,530 shares traded. Douglas Dynamics, Inc. (NYSE:PLOW) has risen 41.20% since May 22, 2017 and is uptrending. It has outperformed by 29.65% the S&P500.

Scotia Capital Inc increased its stake in Freeport (FCX) by 1544% based on its latest 2017Q4 regulatory filing with the SEC. Scotia Capital Inc bought 386,000 shares as the company’s stock declined 4.75% with the market. The institutional investor held 411,000 shares of the basic industries company at the end of 2017Q4, valued at $7.80 million, up from 25,000 at the end of the previous reported quarter. Scotia Capital Inc who had been investing in Freeport for a number of months, seems to be bullish on the $24.49 billion market cap company. The stock increased 1.26% or $0.21 during the last trading session, reaching $16.9. About 7.37 million shares traded. Freeport-McMoRan Inc. (NYSE:FCX) has risen 41.20% since May 22, 2017 and is uptrending. It has outperformed by 29.65% the S&P500.

Investors sentiment decreased to 1 in Q4 2017. Its down 0.20, from 1.2 in 2017Q3. It dived, as 11 investors sold PLOW shares while 43 reduced holdings. 17 funds opened positions while 37 raised stakes. 19.83 million shares or 0.40% more from 19.75 million shares in 2017Q3 were reported. Cubist Systematic Strategies Limited Liability has 0.01% invested in Douglas Dynamics, Inc. (NYSE:PLOW). Rhumbline Advisers holds 0% or 21,051 shares in its portfolio. Legal And General Gru Public Ltd Liability Corporation holds 0% of its portfolio in Douglas Dynamics, Inc. (NYSE:PLOW) for 5,451 shares. Tiaa Cref Ltd Com accumulated 53,415 shares. Meeder Asset Mgmt holds 0% or 116 shares. Parametric Port Assocs Ltd Liability Corporation accumulated 48,774 shares. Sei Invs has 118 shares for 0% of their portfolio. Raymond James & Associate owns 0% invested in Douglas Dynamics, Inc. (NYSE:PLOW) for 9,764 shares. Vanguard Group Inc reported 0% of its portfolio in Douglas Dynamics, Inc. (NYSE:PLOW). First Merchants has 0.05% invested in Douglas Dynamics, Inc. (NYSE:PLOW). Us Bank & Trust De owns 4,526 shares. Morgan Stanley reported 0% in Douglas Dynamics, Inc. (NYSE:PLOW). Zurcher Kantonalbank (Zurich Cantonalbank) holds 1,167 shares or 0% of its portfolio. Invesco Limited invested in 54,448 shares or 0% of the stock. Cambridge Investment Advisors Inc holds 0.01% or 13,649 shares.

Since December 11, 2017, it had 0 buys, and 9 sales for $4.88 million activity. $601,125 worth of Douglas Dynamics, Inc. (NYSE:PLOW) was sold by McCormick Robert L on Friday, January 5. DEJANA ANDREW sold $32,223 worth of Douglas Dynamics, Inc. (NYSE:PLOW) on Tuesday, March 6. 1,438 shares were sold by Sievert Jonathon P., worth $62,532. Young Robert J sold $35,571 worth of stock or 818 shares. 4,209 Douglas Dynamics, Inc. (NYSE:PLOW) shares with value of $183,030 were sold by Hagelin Keith.

Among 3 analysts covering Douglas Dynamics (NYSE:PLOW), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Douglas Dynamics had 8 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was maintained by Craig Hallum on Wednesday, February 28 with “Buy”. As per Wednesday, July 6, the company rating was downgraded by Seaport Global. The company was maintained on Tuesday, January 16 by Seaport Global. Sidoti initiated Douglas Dynamics, Inc. (NYSE:PLOW) on Monday, February 27 with “Buy” rating. Seaport Global upgraded Douglas Dynamics, Inc. (NYSE:PLOW) on Tuesday, May 24 to “Buy” rating. Oppenheimer maintained the shares of PLOW in report on Tuesday, August 4 with “Market Perform” rating. The stock has “Neutral” rating by Seaport Global on Wednesday, April 20.

More news for Douglas Dynamics, Inc. (NYSE:PLOW) were recently published by: Seekingalpha.com, which released: “Douglas Dynamics (PLOW) CEO James Janik on Q1 2018 Results – Earnings Call Transcript” on May 11, 2018. Globenewswire.com‘s article titled: “Douglas Dynamics Announces First Quarter 2018 Results” and published on May 07, 2018 is yet another important article.

Analysts await Douglas Dynamics, Inc. (NYSE:PLOW) to report earnings on August, 6. They expect $0.78 EPS, up 21.88% or $0.14 from last year’s $0.64 per share. PLOW’s profit will be $17.70M for 14.87 P/E if the $0.78 EPS becomes a reality. After $-0.07 actual EPS reported by Douglas Dynamics, Inc. for the previous quarter, Wall Street now forecasts -1,214.29% EPS growth.

Investors sentiment decreased to 0.92 in Q4 2017. Its down 0.08, from 1 in 2017Q3. It worsened, as 77 investors sold FCX shares while 205 reduced holdings. 78 funds opened positions while 182 raised stakes. 989.88 million shares or 2.99% more from 961.13 million shares in 2017Q3 were reported. Ny State Common Retirement Fund holds 2.91M shares or 0.07% of its portfolio. Tcw Gp owns 5.50M shares for 0.84% of their portfolio. Northcoast Asset Management Limited Co reported 80,986 shares or 0.14% of all its holdings. 15,713 were accumulated by Hbk Sorce Advisory Llc. Moreover, State Of New Jersey Common Pension Fund D has 0.24% invested in Freeport-McMoRan Inc. (NYSE:FCX). Leucadia Natl owns 12,503 shares. Amer Century Inc stated it has 192,779 shares. Westpac Banking holds 0.25% or 581,239 shares in its portfolio. Alps Inc has 0% invested in Freeport-McMoRan Inc. (NYSE:FCX) for 14,947 shares. First Republic Management reported 92,777 shares stake. Sei Invs holds 0.02% in Freeport-McMoRan Inc. (NYSE:FCX) or 275,359 shares. Stratos Wealth Prtn Ltd reported 42,140 shares. Jpmorgan Chase & has invested 0.06% of its portfolio in Freeport-McMoRan Inc. (NYSE:FCX). Grassi Mgmt holds 62,800 shares. Stone Ridge Asset Management Limited Liability Com reported 87,254 shares stake.

Among 23 analysts covering Freeport-McMoran Copper & Gold (NYSE:FCX), 5 have Buy rating, 5 Sell and 13 Hold. Therefore 22% are positive. Freeport-McMoran Copper & Gold had 106 analyst reports since July 28, 2015 according to SRatingsIntel. The company was maintained on Tuesday, July 18 by FBR Capital. The stock of Freeport-McMoRan Inc. (NYSE:FCX) earned “Hold” rating by Deutsche Bank on Tuesday, September 13. The firm earned “Buy” rating on Monday, August 28 by Jefferies. The company was maintained on Monday, August 28 by BMO Capital Markets. The rating was initiated by Macquarie Research with “Hold” on Thursday, September 7. On Tuesday, February 6 the stock rating was maintained by Stifel Nicolaus with “Hold”. The firm has “Sell” rating by Berenberg given on Wednesday, July 12. On Monday, March 26 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. The rating was maintained by RBC Capital Markets with “Sector Perform” on Monday, January 25. The stock of Freeport-McMoRan Inc. (NYSE:FCX) has “Sell” rating given on Tuesday, October 17 by Deutsche Bank.

Since January 31, 2018, it had 0 buys, and 1 sale for $419,125 activity.

Douglas Dynamics, Inc. (NYSE:PLOW) Institutional Positions Chart

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