Edgepoint Investment Group INC Has Cut Wabco Hldgs INC (WBC) Holding by $202.93 Million; Shares Declined

WABCO Holdings Inc. (NYSE:WBC) LogoInvestors sentiment increased to 1.35 in Q1 2019. Its up 0.47, from 0.88 in 2018Q4. It improved, as 29 investors sold WBC shares while 88 reduced holdings. 72 funds opened positions while 86 raised stakes. 45.03 million shares or 10.76% less from 50.46 million shares in 2018Q4 were reported. Gulf Int Bancorp (Uk) Ltd, United Kingdom-based fund reported 11,697 shares. Fiduciary Management Wi invested in 0.28% or 328,614 shares. Comerica Retail Bank stated it has 0.01% of its portfolio in WABCO Holdings Inc. (NYSE:WBC). Soros Fund Mgmt Ltd Liability Corporation accumulated 0.16% or 53,500 shares. Shell Asset stated it has 0.04% in WABCO Holdings Inc. (NYSE:WBC). Endowment Mngmt Ltd Partnership has 8,450 shares for 0.16% of their portfolio. Janney Montgomery Scott Limited Co has invested 0.04% in WABCO Holdings Inc. (NYSE:WBC). Commercial Bank Of Montreal Can reported 23,516 shares. 56,833 are owned by Sei Invests. Asset One accumulated 23,795 shares or 0.02% of the stock. 1.72M are held by Harding Loevner Lp. Parametric Port Assoc Ltd Co invested in 67,737 shares or 0.01% of the stock. Sg Americas Securities Limited Co reported 24,584 shares or 0.03% of all its holdings. Nuance Limited Liability Com, Kansas-based fund reported 522,589 shares. Gabelli And Invest Advisers invested 1.51% of its portfolio in WABCO Holdings Inc. (NYSE:WBC).

Edgepoint Investment Group Inc decreased its stake in Wabco Hldgs Inc (WBC) by 33.15% based on its latest 2019Q1 regulatory filing with the SEC. Edgepoint Investment Group Inc sold 1.55M shares as the company’s stock declined 0.35% . The institutional investor held 3.12 million shares of the auto manufacturing company at the end of 2019Q1, valued at $411.74 million, down from 4.67 million at the end of the previous reported quarter. Edgepoint Investment Group Inc who had been investing in Wabco Hldgs Inc for a number of months, seems to be less bullish one the $6.79 billion market cap company. The stock increased 0.18% or $0.24 during the last trading session, reaching $132.56. About 153,634 shares traded. WABCO Holdings Inc. (NYSE:WBC) has risen 8.29% since August 13, 2018 and is uptrending. It has outperformed by 8.29% the S&P500.

Edgepoint Investment Group Inc, which manages about $9.13 billion US Long portfolio, upped its stake in Manulife Finl Corp (NYSE:MFC) by 7.80 million shares to 28.40 million shares, valued at $480.27 million in 2019Q1, according to the filing. It also increased its holding in Flowserve Corp (NYSE:FLS) by 198,198 shares in the quarter, for a total of 16.02 million shares, and has risen its stake in Crown Holdings Inc (NYSE:CCK).

More notable recent WABCO Holdings Inc. (NYSE:WBC) news were published by: Fool.com which released: “PACCAR, Cummins, and WABCO Upgraded: Are Truck Stocks Ready to Bounce? – Motley Fool” on February 07, 2019, also Seekingalpha.com with their article: “Merger Arbitrage Mondays – 12 New Deals Wrap Up A Blockbuster Quarter For Mergers – Seeking Alpha” published on July 01, 2019, Seekingalpha.com published: “WABCO bought out by ZF Friedrichshafen – Seeking Alpha” on March 28, 2019. More interesting news about WABCO Holdings Inc. (NYSE:WBC) were released by: Nasdaq.com and their article: “Takeover Rumors Send WABCO Holdings Soaring Wednesday – Nasdaq” published on February 27, 2019 as well as Streetinsider.com‘s news article titled: “Wabco Holdings (WBC) Nears Deal to Be Acquired by ZF – Source – StreetInsider.com” with publication date: March 08, 2019.

WABCO Holdings Inc. (NYSE:WBC) Ratings Coverage

Among 8 analysts covering WABCO Holdings (NYSE:WBC), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. WABCO Holdings had 21 analyst reports since February 19, 2019 according to SRatingsIntel. The stock of WABCO Holdings Inc. (NYSE:WBC) has “Equal-Weight” rating given on Monday, March 4 by Morgan Stanley. The firm has “Buy” rating given on Thursday, February 28 by Stephens. As per Wednesday, February 27, the company rating was maintained by Robert W. Baird. The rating was maintained by Mizuho on Tuesday, February 26 with “Hold”. Citigroup maintained the stock with “Buy” rating in Friday, March 15 report. The stock of WABCO Holdings Inc. (NYSE:WBC) earned “Buy” rating by Stifel Nicolaus on Wednesday, February 20. The stock of WABCO Holdings Inc. (NYSE:WBC) has “Buy” rating given on Tuesday, February 19 by Robert W. Baird. The stock of WABCO Holdings Inc. (NYSE:WBC) earned “Hold” rating by Morgan Stanley on Tuesday, February 19. The company was maintained on Thursday, February 28 by Citigroup. The firm has “Sector Perform” rating by RBC Capital Markets given on Friday, March 29.

WABCO Holdings Inc. (NYSE:WBC) Institutional Positions Chart

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