Matson Inc (NYSE:MATX) 2016 Q4 Sentiment

September 8, 2017 - By Michael Collier

 Matson Inc (NYSE:MATX)  2016 Q4 Sentiment

Sentiment for Matson Inc (NYSE:MATX)

Matson Inc (NYSE:MATX) institutional sentiment decreased to 1 in Q4 2016. Its down -0.05, from 1.05 in 2016Q3. The ratio dropped, as 74 institutional investors increased and opened new positions, while 74 sold and reduced their stakes in Matson Inc. The institutional investors in our partner’s database now have: 35.39 million shares, up from 34.98 million shares in 2016Q3. Also, the number of institutional investors holding Matson Inc in their top 10 positions decreased from 3 to 1 for a decrease of 2. Sold All: 15 Reduced: 59 Increased: 52 New Position: 22.

About 24,244 shares traded. Matson, Inc. (NYSE:MATX) has declined 5.12% since September 8, 2016 and is downtrending. It has underperformed by 21.82% the S&P500.

Hawk Ridge Capital Management Lp holds 2.66% of its portfolio in Matson, Inc. for 149,938 shares. Fuller & Thaler Asset Management Inc. owns 2.60 million shares or 1.39% of their US portfolio. Moreover, Reliance Trust Co Of Delaware has 1.24% invested in the company for 230,309 shares. The Maryland-based Investment Counselors Of Maryland Llc has invested 0.98% in the stock. Rice Hall James & Associates Llc, a California-based fund reported 542,806 shares.#img1#

Since January 1, 0001, it had 1 insider buy, and 2 insider sales for $631,994 activity.

Matson, Inc. (NYSE:MATX) Ratings Coverage

Ratings analysis reveals 33% of Matson’s analysts are positive. Out of 6 Wall Street analysts rating Matson, 2 give it “Buy”, 1 “Sell” rating, while 3 recommend “Hold”. The lowest target is $23.0 while the high is $52. The stock’s average target of $41.25 is 57.62% above today’s ($26.17) share price. MATX was included in 9 notes of analysts from August 5, 2015. On Friday, August 18 the stock rating was upgraded by Stifel Nicolaus to “Buy”. Stephens downgraded the shares of MATX in report on Friday, August 18 to “Hold” rating. Stifel Nicolaus downgraded Matson, Inc. (NYSE:MATX) on Tuesday, November 8 to “Hold” rating. The stock has “Neutral” rating by Seaport Global on Thursday, December 15. Stifel Nicolaus maintained the stock with “Buy” rating in Wednesday, August 5 report. The stock has “Mkt Perform” rating by FBR Capital on Monday, November 9. The stock has “Underperform” rating by Wells Fargo on Friday, August 18.

More important recent Matson, Inc. (NYSE:MATX) news were published by: Bizjournals.com which released: “Hawaii-based Matson adds new port to China-Long Beach Express service” on September 06, 2017, also Forbes.com published article titled: “Matson’s Stock Slumps As TOTE Maritime Decides To Exploit Jones Act Market”, Prnewswire.com published: “Matson Signs Contracts For A Total Of Six New And Upgraded Cranes For Honolulu …” on August 23, 2017. More interesting news about Matson, Inc. (NYSE:MATX) was released by: Fool.com and their article: “Here’s Why Shares of Matson, Inc. Are Plunging Today” with publication date: August 18, 2017.

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