Matson Inc (NYSE:MATX) 2016 Q4 Sentiment

July 18, 2017 - By wolcottdaily

 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 investment managers started new and increased equity positions, while 74 sold and reduced their stock positions in Matson Inc. The investment managers in our partner’s database now hold: 35.39 million shares, up from 34.98 million shares in 2016Q3. Also, the number of investment managers holding Matson Inc in their top 10 equity positions decreased from 3 to 1 for a decrease of 2. Sold All: 15 Reduced: 59 Increased: 52 New Position: 22.

About 946 shares traded. Matson, Inc. (NYSE:MATX) has declined 5.12% since July 18, 2016 and is downtrending. It has underperformed by 21.82% the S&P500.

Wall Street await Matson, Inc. (NYSE:MATX) to release earnings on August, 1. Analysts forecast earnings per share of $0.37, down exactly $0.04 or 9.76 % from 2014’s $0.41 EPS. The expected MATX’s profit could reach $15.96M giving the stock 20.20 P/E in the case that $0.37 earnings per share is reported. After posting $0.16 EPS for the previous quarter, Matson, Inc.’s analysts now forecast 131.25 % EPS growth.

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 buying transaction, and 3 insider sales for $779,648 activity.

Matson, Inc. (NYSE:MATX) Ratings Coverage

Ratings analysis reveals 25% of Matson’s analysts are positive. Out of 4 Wall Street analysts rating Matson, 1 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $38 while the high is $52. The stock’s average target of $43.33 is 44.92% above today’s ($29.9) share price. MATX was included in 5 notes of analysts from August 5, 2015. FBR Capital maintained Matson, Inc. (NYSE:MATX) rating on Monday, November 9. FBR Capital has “Mkt Perform” rating and $52 target. Stifel Nicolaus maintained it with “Buy” rating and $48 target in Wednesday, August 5 report. The company was initiated on Thursday, December 15 by Seaport Global. The stock of Matson, Inc. (NYSE:MATX) has “Hold” rating given on Tuesday, November 8 by Stifel Nicolaus.

More notable recent Matson, Inc. (NYSE:MATX) news were published by: Bizjournals.com which released: “Matson Inc.’s board appoints Matthew Cox as new chairman” on April 27, 2017, also Prnewswire.com with their article: “Matson Increases Its South Pacific Express Service with ‘Samoana'” published on June 02, 2017, Bizjournals.com published: “Unions threaten strike that could impact shipping to Hawaii” on June 27, 2017. More interesting news about Matson, Inc. (NYSE:MATX) were released by: Prnewswire.com and their article: “Matson Increases Quarterly Dividend By 5.3 Percent To $0.20 Per Share” published on June 29, 2017 as well as Seekingalpha.com‘s news article titled: “Market Turns Cautious On Matson As New Vessel Alliances Approach” with publication date: March 27, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.