Thompson Davis & Co Has Lowered Its Ameriserv Finl (ASRV) Position by $323,884; Stock Rose; Speece Thorson Capital Group Lowered Werner Enterprises (WERN) Stake by $4.95 Million as Market Value Declined

January 14, 2018 - By Hazel Jackson

Speece Thorson Capital Group Inc decreased its stake in Werner Enterprises Inc (WERN) by 23.54% based on its latest 2017Q3 regulatory filing with the SEC. Speece Thorson Capital Group Inc sold 137,551 shares as the company’s stock declined 7.18% while stock markets rallied. The hedge fund held 446,871 shares of the transportation company at the end of 2017Q3, valued at $16.33M, down from 584,422 at the end of the previous reported quarter. Speece Thorson Capital Group Inc who had been investing in Werner Enterprises Inc for a number of months, seems to be less bullish one the $2.89 billion market cap company. The stock decreased 0.50% or $0.2 during the last trading session, reaching $39.9. About 429,327 shares traded. Werner Enterprises, Inc. (NASDAQ:WERN) has risen 10.52% since January 14, 2017 and is uptrending. It has underperformed by 6.18% the S&P500.

Thompson Davis & Co decreased its stake in Ameriserv Finl Inc (ASRV) by 98.78% based on its latest 2017Q3 regulatory filing with the SEC. Thompson Davis & Co sold 80,971 shares as the company’s stock rose 1.27% with the market. The institutional investor held 1,000 shares of the major banks company at the end of 2017Q3, valued at $4,000, down from 81,971 at the end of the previous reported quarter. Thompson Davis & Co who had been investing in Ameriserv Finl Inc for a number of months, seems to be less bullish one the $74.01M market cap company. The stock decreased 1.22% or $0.05 during the last trading session, reaching $4.05. About 33,610 shares traded or 103.60% up from the average. AmeriServ Financial, Inc. (NASDAQ:ASRV) has risen 32.45% since January 14, 2017 and is uptrending. It has outperformed by 15.75% the S&P500.

Since August 14, 2017, it had 0 buys, and 2 selling transactions for $164,320 activity.

Thompson Davis & Co, which manages about $107.57 million and $56.50M US Long portfolio, upped its stake in Jpmorgan Chase & Co (NYSE:JPM) by 4,269 shares to 6,394 shares, valued at $611,000 in 2017Q3, according to the filing. It also increased its holding in Caredx Inc (NASDAQ:CDNA) by 197,692 shares in the quarter, for a total of 203,692 shares, and has risen its stake in Exxon Mobil Corp (NYSE:XOM).

Investors sentiment increased to 2 in 2017 Q3. Its up 0.80, from 1.2 in 2017Q2. It increased, as 2 investors sold ASRV shares while 6 reduced holdings. 2 funds opened positions while 14 raised stakes. 4.69 million shares or 0.92% more from 4.65 million shares in 2017Q2 were reported. Oppenheimer And Close Lc stated it has 0.46% of its portfolio in AmeriServ Financial, Inc. (NASDAQ:ASRV). Blackrock Inc reported 206,570 shares. Spark Investment Management owns 22,100 shares. Cwm Lc reported 78 shares stake. Northern Trust holds 0% or 39,909 shares. 1.56 million were accumulated by Dimensional Fund L P. Deutsche Comml Bank Ag invested 0% in AmeriServ Financial, Inc. (NASDAQ:ASRV). Morgan Stanley has invested 0% in AmeriServ Financial, Inc. (NASDAQ:ASRV). Pnc Fin Gp Inc accumulated 0% or 11,000 shares. Minerva Advisors Ltd Limited Liability Company stated it has 0.27% in AmeriServ Financial, Inc. (NASDAQ:ASRV). The Virginia-based Thompson Davis & Comm Inc has invested 0.01% in AmeriServ Financial, Inc. (NASDAQ:ASRV). Manufacturers Life Ins The owns 0% invested in AmeriServ Financial, Inc. (NASDAQ:ASRV) for 1,871 shares. Vanguard Grp holds 0% of its portfolio in AmeriServ Financial, Inc. (NASDAQ:ASRV) for 678,881 shares. Pinnacle Ltd Liability Company holds 186,773 shares. Royal Bancshares Of Canada invested in 0% or 49,108 shares.

Since August 4, 2017, it had 0 insider purchases, and 3 insider sales for $1.23 million activity. SCHELBLE JIM S also sold $226,298 worth of Werner Enterprises, Inc. (NASDAQ:WERN) on Friday, August 4.

Speece Thorson Capital Group Inc, which manages about $408.00 million and $480.35 million US Long portfolio, upped its stake in White Mount Ins Grp Ltd (NYSE:WTM) by 3,413 shares to 20,475 shares, valued at $17.55 million in 2017Q3, according to the filing. It also increased its holding in Eaton Corp Plc Shs (NYSE:ETN) by 16,723 shares in the quarter, for a total of 243,975 shares, and has risen its stake in Devon Energy Corp New (NYSE:DVN).

Analysts await Werner Enterprises, Inc. (NASDAQ:WERN) to report earnings on January, 29. They expect $0.38 EPS, up 26.67% or $0.08 from last year’s $0.3 per share. WERN’s profit will be $27.49 million for 26.25 P/E if the $0.38 EPS becomes a reality. After $0.31 actual EPS reported by Werner Enterprises, Inc. for the previous quarter, Wall Street now forecasts 22.58% EPS growth.

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