Textainer Group Holdings Limited (TGH) Reaches $19.13 After 3.00% Down Move; Central Securities (CET) Has 0.67 Sentiment

February 15, 2018 - By Ellis Scott

The stock of Textainer Group Holdings Limited (NYSE:TGH) is a huge mover today! The stock decreased 16.30% or $3.725 during the last trading session, reaching $19.125. About 472,409 shares traded or 89.97% up from the average. Textainer Group Holdings Limited (NYSE:TGH) has declined 15.78% since February 15, 2017 and is downtrending. It has underperformed by 32.48% the S&P500.The move comes after 5 months negative chart setup for the $1.09 billion company. It was reported on Feb, 15 by Barchart.com. We have $18.55 PT which if reached, will make NYSE:TGH worth $32.61 million less.

Central Securities Corp. is a publicly owned self managed investment trust. The company has market cap of $670.40 million. The firm invests in the public equity markets of the United States. It has a 4.11 P/E ratio.

Textainer Group Holdings Limited, through its subsidiaries, engages in the purchase, ownership, management, leasing, and disposal of a fleet of intermodal containers worldwide. The company has market cap of $1.09 billion. It operates through three divisions: Container Ownership, Container Management, and Container Resale. It has a 281.25 P/E ratio. The firm owns and leases standard dry freight and special-purpose containers, as well as refrigerated containers.

Among 8 analysts covering Textainer Group Holdings Limited (NYSE:TGH), 2 have Buy rating, 0 Sell and 6 Hold. Therefore 25% are positive. Textainer Group Holdings Limited had 27 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was maintained by SunTrust on Thursday, November 9 with “Buy”. RBC Capital Markets maintained Textainer Group Holdings Limited (NYSE:TGH) on Wednesday, November 4 with “Sector Perform” rating. As per Friday, February 12, the company rating was maintained by Cowen & Co. As per Monday, September 18, the company rating was maintained by Cowen & Co. The firm has “Market Perform” rating by Cowen & Co given on Wednesday, November 4. The company was maintained on Tuesday, August 4 by Cowen & Co. Macquarie Research downgraded Textainer Group Holdings Limited (NYSE:TGH) on Wednesday, August 5 to “Underperform” rating. The firm has “Outperform” rating given on Monday, January 23 by Cowen & Co. As per Monday, July 10, the company rating was maintained by Cowen & Co. The stock has “Hold” rating by Keefe Bruyette & Woods on Tuesday, August 8.

Shaker Financial Services Llc holds 5.13% of its portfolio in Central Securities Corp. for 374,738 shares. Thomas J. Herzfeld Advisors Inc. owns 405,624 shares or 4.62% of their US portfolio. Moreover, Bulldog Investors Llc has 2.76% invested in the company for 368,295 shares. The Virginia-based 1607 Capital Partners Llc has invested 0.36% in the stock. Institute For Wealth Management Llc., a Colorado-based fund reported 34,197 shares.

The stock increased 0.60% or $0.16 during the last trading session, reaching $27.02. About 1,593 shares traded. Central Securities Corp. (CET) has risen 32.01% since February 15, 2017 and is uptrending. It has outperformed by 15.31% the S&P500.

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