Commerzbank Aktiengesellschaft Holding in Parker Hannifin (PH) Has Lifted by $1.02 Million; Forward Air (FWRD) Stock Price Rose While Vulcan Value Partners Has Decreased by $419,900 Its Stake

Parker-Hannifin Corporation (NYSE:PH) Logo

Commerzbank Aktiengesellschaft increased its stake in Parker Hannifin Corp (PH) by 51.33% based on its latest 2018Q1 regulatory filing with the SEC. Commerzbank Aktiengesellschaft bought 5,976 shares as the company’s stock declined 4.54% with the market. The institutional investor held 17,619 shares of the metal fabrications company at the end of 2018Q1, valued at $3.01M, up from 11,643 at the end of the previous reported quarter. Commerzbank Aktiengesellschaft who had been investing in Parker Hannifin Corp for a number of months, seems to be bullish on the $20.59B market cap company. The stock increased 0.57% or $0.87 during the last trading session, reaching $154.83. About 1.20M shares traded or 0.20% up from the average. Parker-Hannifin Corporation (NYSE:PH) has risen 11.37% since June 29, 2017 and is uptrending. It has underperformed by 1.20% the S&P500. Some Historical PH News: 26/04/2018 – PARKER-HANNIFIN CORP PH.N SEES FY 2018 SHR $7.76 TO $7.96 FROM CONTINUING OPERATIONS; 30/04/2018 – Parker Hannifin Had Agreed With DOJ to Divest Business; 16/03/2018 – Parker-Hannifin May Benefit, Industry Posts 15th Straight Gain; 30/04/2018 – Parker Completes Divestiture of Facet Filtration Business to Filtration Group Corporation; 15/05/2018 – Adama Technologies Announces Plan to Pursue Contracts With Boeing, Lockheed Martin and Parker Hannifin; 14/03/2018 – Main Wheel & Brake STC Kit Now Available for Pilatus PC-7 Mk1 Aircraft; 26/04/2018 – PARKER-HANNIFIN CORP – FISCAL 2018 FULL YEAR EARNINGS GUIDANCE INCREASED; 26/04/2018 – Parker-Hannifin Had Seen FY18 Cont Ops EPS $7.38-EPS $7.7; 15/03/2018 – Parker’s Sustainability Report Highlights Local Impact of Global Commitment to Responsible Operations; 19/04/2018 – PARKER RAISES QUARTERLY DIVIDEND TO 76C/SHR VS 66C/SHR

Vulcan Value Partners Llc decreased its stake in Forward Air Corp (FWRD) by 2.2% based on its latest 2018Q1 regulatory filing with the SEC. Vulcan Value Partners Llc sold 8,075 shares as the company’s stock rose 7.54% while stock markets declined. The institutional investor held 358,884 shares of the oil refining and marketing company at the end of 2018Q1, valued at $18.97 million, down from 366,959 at the end of the previous reported quarter. Vulcan Value Partners Llc who had been investing in Forward Air Corp for a number of months, seems to be less bullish one the $1.73B market cap company. The stock increased 0.82% or $0.48 during the last trading session, reaching $58.83. About 161,383 shares traded. Forward Air Corporation (NASDAQ:FWRD) has risen 15.12% since June 29, 2017 and is uptrending. It has outperformed by 2.55% the S&P500. Some Historical FWRD News: 25/04/2018 – FORWARD AIR CORP FWRD.O SETS QUARTERLY CASH DIVIDEND OF $0.15/SHR; 24/05/2018 – Forward Air Presenting at KeyCorp Conference May 31; 25/04/2018 – FORWARD AIR SEES 2Q YEAR-ON-YEAR REV. GROWTH TO BE 16% TO 20%; 16/03/2018 Forward Air Closes Above 200-Day Moving Average: Technicals; 25/04/2018 – Forward Air Sees 2Q EPS 73c-EPS 77c; 25/04/2018 – FORWARD AIR 1Q OPER REV. $302.6M, EST. $291.8M; 19/03/2018 – Forward Air Corporation to Participate in the Seaport Global Securities Transports and Industrials Conference on Thursday, Marc; 25/04/2018 – Forward Air Expects 2Q Yr-on-Yr Rev Growth to Be 16% to 20%; 30/05/2018 – Forward Air Presenting at KeyCorp Conference Tomorrow; 23/04/2018 – DJ Forward Air Corporation, Inst Holders, 1Q 2018 (FWRD)

Among 9 analysts covering Forward Air (NASDAQ:FWRD), 4 have Buy rating, 0 Sell and 5 Hold. Therefore 44% are positive. Forward Air had 30 analyst reports since July 24, 2015 according to SRatingsIntel. Cowen & Co maintained the shares of FWRD in report on Wednesday, August 9 with “Hold” rating. The stock of Forward Air Corporation (NASDAQ:FWRD) has “Market Perform” rating given on Tuesday, September 20 by Cowen & Co. The stock has “Market Perform” rating by Cowen & Co on Thursday, February 11. The firm has “Hold” rating given on Friday, November 10 by Robert W. Baird. As per Monday, January 8, the company rating was maintained by Stephens. The firm has “Hold” rating given on Monday, October 30 by Cowen & Co. The firm has “Peer Perform” rating given on Tuesday, August 1 by Wolfe Research. The stock of Forward Air Corporation (NASDAQ:FWRD) has “Neutral” rating given on Friday, December 2 by Robert W. Baird. The firm earned “Market Perform” rating on Friday, October 21 by Cowen & Co. Robert W. Baird upgraded Forward Air Corporation (NASDAQ:FWRD) rating on Tuesday, November 17. Robert W. Baird has “Outperform” rating and $55 target.

More news for Forward Air Corporation (NASDAQ:FWRD) were recently published by: Streetinsider.com, which released: “Forward Air (FWRD) Says Tom Schmitt Was Elected President and CEO, Succeeding Bruce A. Campbell” on June 12, 2018. Businesswire.com‘s article titled: “Forward Air Corporation Announces Executive Leadership Team Transition” and published on June 12, 2018 is yet another important article.

Investors sentiment decreased to 1.38 in Q1 2018. Its down 0.04, from 1.42 in 2017Q4. It dropped, as 18 investors sold FWRD shares while 63 reduced holdings. 42 funds opened positions while 70 raised stakes. 27.68 million shares or 1.17% less from 28.01 million shares in 2017Q4 were reported. 2,420 were accumulated by Pnc Financial Services Group. First Lp stated it has 22,315 shares. The Colorado-based Shine Investment Advisory Service has invested 0.02% in Forward Air Corporation (NASDAQ:FWRD). Arizona State Retirement System reported 46,636 shares. Proshare Advsr stated it has 4,699 shares. Ls Investment Ltd Llc owns 1,930 shares. State Of Alaska Department Of Revenue reported 0.01% stake. Mason Street Advsr Ltd Liability Co owns 8,207 shares. California Employees Retirement System holds 60,013 shares. Sector Pension Investment Board invested 0.01% of its portfolio in Forward Air Corporation (NASDAQ:FWRD). Moreover, Verition Fund Limited Co has 0.03% invested in Forward Air Corporation (NASDAQ:FWRD) for 8,785 shares. Riverhead Capital Mgmt Lc reported 0.01% in Forward Air Corporation (NASDAQ:FWRD). Fuller And Thaler Asset Mngmt Inc accumulated 1,500 shares. 122,201 are owned by Deutsche Bancshares Ag. Legal & General Gru Pcl stated it has 61,854 shares or 0% of all its holdings.

Vulcan Value Partners Llc, which manages about $6.07B and $12.42B US Long portfolio, upped its stake in Aetna Inc New (NYSE:AET) by 1.20M shares to 2.22M shares, valued at $374.94M in 2018Q1, according to the filing. It also increased its holding in Axalta Coating Sys Ltd by 4.68M shares in the quarter, for a total of 5.80 million shares, and has risen its stake in Sothebys (NYSE:BID).

Analysts await Forward Air Corporation (NASDAQ:FWRD) to report earnings on July, 25. They expect $0.75 earnings per share, up 17.19% or $0.11 from last year’s $0.64 per share. FWRD’s profit will be $22.06M for 19.61 P/E if the $0.75 EPS becomes a reality. After $0.60 actual earnings per share reported by Forward Air Corporation for the previous quarter, Wall Street now forecasts 25.00% EPS growth.

Since February 26, 2018, it had 0 insider purchases, and 5 insider sales for $1.41 million activity. JEWELL MATTHEW J sold $139,681 worth of Forward Air Corporation (NASDAQ:FWRD) on Tuesday, May 22. 2,443 shares were sold by LYNCH GEORGE M, worth $135,508 on Monday, February 26. RUBLE CHRIS C sold $482,125 worth of stock.

More news for Parker-Hannifin Corporation (NYSE:PH) were recently published by: Globenewswire.com, which released: “Research Report Identifies STERIS plc, Parker-Hannifin, Sturm, Ruger, CoBiz Financial, Black Hills, and Glacier with …” on June 22, 2018. Streetinsider.com‘s article titled: “Wells Fargo Downgrades Parker-Hannifin (PH) to Market Perform Following Decreased model Estimate for FY 2019” and published on June 21, 2018 is yet another important article.

Among 21 analysts covering Parker-Hannifin (NYSE:PH), 11 have Buy rating, 1 Sell and 9 Hold. Therefore 52% are positive. Parker-Hannifin had 88 analyst reports since August 9, 2015 according to SRatingsIntel. As per Tuesday, April 10, the company rating was maintained by JP Morgan. The stock of Parker-Hannifin Corporation (NYSE:PH) has “Neutral” rating given on Monday, April 30 by Citigroup. KeyBanc Capital Markets maintained Parker-Hannifin Corporation (NYSE:PH) rating on Thursday, September 14. KeyBanc Capital Markets has “Buy” rating and $185.0 target. The firm earned “Hold” rating on Thursday, August 24 by Robert W. Baird. On Tuesday, February 7 the stock rating was upgraded by Argus Research to “Buy”. The rating was maintained by BMO Capital Markets with “Buy” on Tuesday, July 18. The stock of Parker-Hannifin Corporation (NYSE:PH) earned “Neutral” rating by JP Morgan on Tuesday, November 8. On Monday, October 2 the stock rating was downgraded by Morgan Stanley to “Equal-Weight”. The firm has “Buy” rating given on Tuesday, July 4 by Stifel Nicolaus. The firm has “Buy” rating given on Friday, November 3 by Buckingham Research.

Since February 16, 2018, it had 0 insider buys, and 9 sales for $3.35 million activity. Keller Kurt A also sold $1.28M worth of Parker-Hannifin Corporation (NYSE:PH) shares. Sherrard Roger S had sold 2,109 shares worth $384,091. Suever Catherine A had sold 2,148 shares worth $376,184 on Friday, June 8. $71,002 worth of Parker-Hannifin Corporation (NYSE:PH) was sold by Malone Robert W on Monday, April 30. SCAMINACE JOSEPH sold $211,689 worth of stock. $440,346 worth of Parker-Hannifin Corporation (NYSE:PH) was sold by Weeks Andrew M on Monday, May 7.

Forward Air Corporation (NASDAQ:FWRD) Institutional Positions Chart