Tiffany Co (TIF) Market Value Rose While Paloma Partners Management Company Decreased Its Holding by $880,334; As Motorcar Parts Of America (MPAA) Stock Rose, Holder Ashford Capital Management Has Cut Holding by $3.00 Million

January 3, 2018 - By Clifton Ray

Ashford Capital Management Inc decreased its stake in Motorcar Parts Of America Inc. (MPAA) by 25.77% based on its latest 2017Q3 regulatory filing with the SEC. Ashford Capital Management Inc sold 103,400 shares as the company’s stock rose 4.14% with the market. The hedge fund held 297,800 shares of the capital goods company at the end of 2017Q3, valued at $8.77M, down from 401,200 at the end of the previous reported quarter. Ashford Capital Management Inc who had been investing in Motorcar Parts Of America Inc. for a number of months, seems to be less bullish one the $525.94M market cap company. The stock increased 3.88% or $1.03 during the last trading session, reaching $27.58. About 355,196 shares traded or 130.20% up from the average. Motorcar Parts of America, Inc. (NASDAQ:MPAA) has risen 7.21% since January 3, 2017 and is uptrending. It has underperformed by 9.49% the S&P500.

Paloma Partners Management Company decreased its stake in Tiffany Co (TIF) by 39.49% based on its latest 2017Q3 regulatory filing with the SEC. Paloma Partners Management Company sold 9,674 shares as the company’s stock rose 7.82% with the market. The institutional investor held 14,826 shares of the consumer specialties company at the end of 2017Q3, valued at $1.36M, down from 24,500 at the end of the previous reported quarter. Paloma Partners Management Company who had been investing in Tiffany Co for a number of months, seems to be less bullish one the $13.32 billion market cap company. The stock increased 0.68% or $0.72 during the last trading session, reaching $107.15. About 3.54M shares traded or 158.50% up from the average. Tiffany & Co. (NYSE:TIF) has risen 46.84% since January 3, 2017 and is uptrending. It has outperformed by 30.14% the S&P500.

Investors sentiment decreased to 1.27 in 2017 Q3. Its down 0.39, from 1.66 in 2017Q2. It worsened, as 8 investors sold MPAA shares while 37 reduced holdings. 20 funds opened positions while 37 raised stakes. 18.94 million shares or 1.74% more from 18.61 million shares in 2017Q2 were reported. Ashford Capital Mgmt Incorporated invested 1.41% of its portfolio in Motorcar Parts of America, Inc. (NASDAQ:MPAA). Kennedy Capital Management Incorporated invested in 0.34% or 635,226 shares. Envestnet Asset Mgmt holds 0% or 4,410 shares in its portfolio. 188,886 were reported by Kirr Marbach Llc In. Northpointe Cap Limited, a Michigan-based fund reported 300,124 shares. Schwab Charles Inv Management stated it has 0% in Motorcar Parts of America, Inc. (NASDAQ:MPAA). Schafer Cullen Mgmt accumulated 7,180 shares or 0% of the stock. Zurcher Kantonalbank (Zurich Cantonalbank) reported 1,357 shares stake. First Tru LP holds 0% of its portfolio in Motorcar Parts of America, Inc. (NASDAQ:MPAA) for 14,721 shares. State Of Alaska Department Of Revenue invested 0.01% of its portfolio in Motorcar Parts of America, Inc. (NASDAQ:MPAA). Miles Cap has 8,927 shares for 0.15% of their portfolio. Thompson Davis Company reported 0.01% in Motorcar Parts of America, Inc. (NASDAQ:MPAA). 83,806 are held by Polaris Limited Company. Comerica Bancorp reported 61,575 shares. Summit Creek Limited Liability Company stated it has 220,660 shares or 1.28% of all its holdings.

Analysts await Motorcar Parts of America, Inc. (NASDAQ:MPAA) to report earnings on February, 8. They expect $0.55 EPS, down 5.17% or $0.03 from last year’s $0.58 per share. MPAA’s profit will be $10.49M for 12.54 P/E if the $0.55 EPS becomes a reality. After $0.50 actual EPS reported by Motorcar Parts of America, Inc. for the previous quarter, Wall Street now forecasts 10.00% EPS growth.

Ashford Capital Management Inc, which manages about $593.71M and $621.21 million US Long portfolio, upped its stake in Ishares Msci Eafe Index Fund (EFA) by 6,500 shares to 109,421 shares, valued at $7.49 million in 2017Q3, according to the filing. It also increased its holding in Meta Financial Group Inc (NASDAQ:CASH) by 10,541 shares in the quarter, for a total of 295,115 shares, and has risen its stake in Cavco Industries Inc. (NASDAQ:CVCO).

Among 7 analysts covering Motorcar Parts of America (NASDAQ:MPAA), 7 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Motorcar Parts of America had 14 analyst reports since August 11, 2015 according to SRatingsIntel. The company was maintained on Tuesday, November 10 by Roth Capital. As per Tuesday, June 13, the company rating was maintained by Roth Capital. The rating was maintained by TH Capital with “Buy” on Tuesday, November 10. The firm has “Buy” rating given on Tuesday, August 8 by Roth Capital. Roth Capital maintained it with “Buy” rating and $32.0 target in Friday, August 18 report. CL King initiated Motorcar Parts of America, Inc. (NASDAQ:MPAA) on Monday, March 14 with “Buy” rating. The stock of Motorcar Parts of America, Inc. (NASDAQ:MPAA) earned “Sell” rating by Zacks on Monday, August 17. The stock has “Buy” rating by Sidoti on Wednesday, September 9. B. Riley & Co upgraded the shares of MPAA in report on Thursday, November 10 to “Buy” rating. The rating was downgraded by B. Riley & Co to “Neutral” on Wednesday, August 10.

Among 26 analysts covering Tiffany & Co. (NYSE:TIF), 14 have Buy rating, 0 Sell and 12 Hold. Therefore 54% are positive. Tiffany & Co. had 78 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of Tiffany & Co. (NYSE:TIF) earned “Buy” rating by Cowen & Co on Thursday, November 30. The firm has “Neutral” rating by Citigroup given on Tuesday, March 15. The company was initiated on Thursday, September 10 by RBC Capital Markets. The firm has “Buy” rating given on Tuesday, January 19 by Topeka Capital Markets. The company was upgraded on Monday, December 21 by Jefferies. The firm earned “Hold” rating on Monday, October 16 by Needham. HSBC upgraded the shares of TIF in report on Monday, October 2 to “Buy” rating. The firm has “Market Perform” rating by Cowen & Co given on Friday, August 26. The stock of Tiffany & Co. (NYSE:TIF) earned “Outperform” rating by Cowen & Co on Tuesday, April 11. Jefferies maintained it with “Buy” rating and $11000 target in Tuesday, June 6 report.

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