As Owens Corning New (OC) Share Price Declined, Holder Gendell Jeffrey L Lowered Its Stake by $1.65 Million; Granite Construction (GVA) Stock Declined While Tradition Capital Management Has Upped by $433,655 Its Holding


Gendell Jeffrey L decreased its stake in Owens Corning New (OC) by 35.27% based on its latest 2019Q1 regulatory filing with the SEC. Gendell Jeffrey L sold 35,040 shares as the company’s stock declined 9.32% while stock markets rallied. The institutional investor held 64,300 shares of the industrial machinery and components company at the end of 2019Q1, valued at $3.03 million, down from 99,340 at the end of the previous reported quarter. Gendell Jeffrey L who had been investing in Owens Corning New for a number of months, seems to be less bullish one the $6.39B market cap company. The stock increased 1.07% or $0.62 during the last trading session, reaching $58.82. About 418,468 shares traded. Owens Corning (NYSE:OC) has declined 25.99% since July 1, 2018 and is downtrending. It has underperformed by 30.42% the S&P500. Some Historical OC News: 07/05/2018 – M. Holland Company Signs Distribution Agreement with Owens Corning, Makes Significant Investments in 3D Printing Market; 08/03/2018 – Rep. LaHood: Senate Passes LaHood Bill to Honor Fallen Navy SEAL Ryan Owens; 22/03/2018 – Texas Emissions: 280854 – OWENS CORNING ROOFING AND ASPHALT IRVING FACILITY; 26/03/2018 – Texas Emissions: 280920 – OWENS CORNING ROOFING AND ASPHALT IRVING FACILITY; 09/05/2018 – Armanino’s Partner Jeff Owens Honored by Southern Methodist University with its Outstanding Young Alumni Award; 30/03/2018 – OWENS CORNING MARCIO SANDRI PRESIDENT, COMPOSITES; 25/04/2018 – Owens Corning 1Q Net Profit Falls on Inflation Impact; 25/04/2018 – Owens Corning 1Q Adj EPS 80c; 25/03/2018 – Rep. LaHood: LaHood Legislation Honoring Fallen Navy SEAL William “Ryan” Owens Signed into Law by President; 25/04/2018 – OWENS CORNING 1Q ADJ EPS 80C, EST. 96C

Tradition Capital Management Llc increased its stake in Granite Construction Inc (GVA) by 66.81% based on its latest 2019Q1 regulatory filing with the SEC. Tradition Capital Management Llc bought 10,085 shares as the company’s stock declined 5.61% while stock markets rallied. The institutional investor held 25,180 shares of the military and government and technical company at the end of 2019Q1, valued at $1.09 million, up from 15,095 at the end of the previous reported quarter. Tradition Capital Management Llc who had been investing in Granite Construction Inc for a number of months, seems to be bullish on the $2.25 billion market cap company. The stock decreased 0.16% or $0.08 during the last trading session, reaching $48.1. About 135,076 shares traded. Granite Construction Incorporated (NYSE:GVA) has declined 26.32% since July 1, 2018 and is downtrending. It has underperformed by 30.75% the S&P500. Some Historical GVA News: 30/04/2018 – Granite Construction 1Q Loss/Shr 29c; 15/05/2018 – Layne Christensen Announces Date Of Special Meeting For Stockholders To Approve Merger With Granite Construction; 21/03/2018 – Granite Awarded $51 Million Road and Bridge Rehabilitation Project in Alaska; 20/03/2018 – CETUS CAPITAL lll LP REPORTS 7.8 PCT STAKE IN LAYNE CHRISTENSEN CO AS OF MARCH 13; 30/04/2018 – Granite Construction Sees 2018 Low-Double Digit Consolidated Rev Growth; 21/03/2018 – Granite Awarded $51 M Road and Bridge Rehabilitation Project in Alaska; 03/04/2018 – GRANITE SEES DEAL ADDING IMMEDIATELY TO 2018 EPS; 23/04/2018 – Granite Construction: Laurel Krzeminski to Retire as CFO in 2nd Half of 2018; 23/04/2018 – Granite Announces Planned Retirement Of Chief Financial Officer; 23/04/2018 – GRANITE CONSTRUCTION INC – KRZEMINSKI WILL CONTINUE IN HER ROLE AS CFO UNTIL HER SUCCESSOR IS APPOINTED

Investors sentiment increased to 1.51 in Q1 2019. Its up 0.41, from 1.1 in 2018Q4. It improved, as 11 investors sold GVA shares while 59 reduced holdings. 28 funds opened positions while 78 raised stakes. 44.17 million shares or 1.63% less from 44.90 million shares in 2018Q4 were reported. Raymond James And Assocs stated it has 13,175 shares. Dimensional Fund LP has 0.05% invested in Granite Construction Incorporated (NYSE:GVA). Moreover, Aperio Grp Incorporated Lc has 0% invested in Granite Construction Incorporated (NYSE:GVA) for 16,419 shares. State Teachers Retirement reported 68,851 shares stake. Meeder Asset Mgmt has invested 0.06% of its portfolio in Granite Construction Incorporated (NYSE:GVA). Goldman Sachs Grp owns 0.01% invested in Granite Construction Incorporated (NYSE:GVA) for 885,424 shares. Ing Groep Nv owns 7,154 shares. Great West Life Assurance Can holds 28,198 shares. Natl Bank Of New York Mellon Corporation, New York-based fund reported 1.05M shares. Price T Rowe Assocs Incorporated Md accumulated 29,648 shares. Paloma Prtn reported 0.01% stake. Voya Investment Management Ltd Liability Com invested in 880,676 shares or 0.09% of the stock. 27,947 are owned by Advsrs Asset Management Inc. California State Teachers Retirement Systems invested 0.01% in Granite Construction Incorporated (NYSE:GVA). Oregon Public Employees Retirement Fund holds 0.01% of its portfolio in Granite Construction Incorporated (NYSE:GVA) for 18,042 shares.

Tradition Capital Management Llc, which manages about $456.39M and $368.59M US Long portfolio, decreased its stake in Merck & Co. Inc. (NYSE:MRK) by 33,089 shares to 84,183 shares, valued at $7.00 million in 2019Q1, according to the filing. It also reduced its holding in Primecap Odyssey Stock Fund by 21,728 shares in the quarter, leaving it with 44,324 shares, and cut its stake in Qualcomm Inc. (NASDAQ:QCOM).

More notable recent Granite Construction Incorporated (NYSE:GVA) news were published by: Seekingalpha.com which released: “Under Armour Has Bottomed – Cramer’s Lightning Round (10/1/18) – Seeking Alpha” on October 02, 2018, also Businesswire.com with their article: “Granite Appoints Michael W. Barker as Vice President and Corporate Controller – Business Wire” published on December 13, 2018, Finance.Yahoo.com published: “Is Fabrinet (FN) A Good Stock To Buy? – Yahoo Finance” on April 30, 2019. More interesting news about Granite Construction Incorporated (NYSE:GVA) were released by: Finance.Yahoo.com and their article: “Is There An Opportunity With Granite Construction Incorporated’s (NYSE:GVA) 42% Undervaluation? – Yahoo Finance” published on May 01, 2019 as well as Finance.Yahoo.com‘s news article titled: “Granite Publishes 2018 Sustainability Progress Report – Yahoo Finance” with publication date: June 12, 2019.

Gendell Jeffrey L, which manages about $721.05M US Long portfolio, upped its stake in Cit Group Inc (NYSE:CIT) by 103,800 shares to 160,544 shares, valued at $7.70M in 2019Q1, according to the filing. It also increased its holding in American Airls Group Inc (NASDAQ:AAL) by 152,687 shares in the quarter, for a total of 724,300 shares, and has risen its stake in United Contl Hldgs Inc (NYSE:UAL).

Analysts await Owens Corning (NYSE:OC) to report earnings on July, 24. They expect $1.16 earnings per share, down 0.85% or $0.01 from last year’s $1.17 per share. OC’s profit will be $125.94M for 12.68 P/E if the $1.16 EPS becomes a reality. After $0.54 actual earnings per share reported by Owens Corning for the previous quarter, Wall Street now forecasts 114.81% EPS growth.

Investors sentiment increased to 1.17 in 2019 Q1. Its up 0.25, from 0.92 in 2018Q4. It is positive, as 33 investors sold OC shares while 88 reduced holdings. 52 funds opened positions while 90 raised stakes. 97.31 million shares or 2.15% less from 99.45 million shares in 2018Q4 were reported. Strs Ohio holds 0% or 1,360 shares in its portfolio. The New York-based Howe And Rusling has invested 0% in Owens Corning (NYSE:OC). Parkside Financial Bank And Trust owns 45 shares or 0% of their US portfolio. Natixis accumulated 412,997 shares or 0.12% of the stock. Primecap Management Ca reported 50,900 shares. Optimum Invest Advsrs stated it has 350 shares or 0.01% of all its holdings. Gotham Asset Mngmt Llc accumulated 59,582 shares. Bb&T holds 0.01% or 10,551 shares. Amundi Pioneer Asset Management has 510,116 shares for 0.03% of their portfolio. Cwm Ltd Liability holds 0% or 30 shares. Jag Cap Ltd Liability Com reported 0.1% in Owens Corning (NYSE:OC). Personal invested 0.12% in Owens Corning (NYSE:OC). Atria Ltd Limited Liability Company stated it has 0.01% of its portfolio in Owens Corning (NYSE:OC). Lsv Asset Mngmt reported 1.94 million shares. First Dallas Securities stated it has 0.16% of its portfolio in Owens Corning (NYSE:OC).

Granite Construction Incorporated (NYSE:GVA) Institutional Positions Chart

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