Economy

McGrath RentCorp (NASDAQ:MGRC) Short Interest Up by 12.71% - Shares Trading Up

Gwm Advisors LLC controls 693 shares valued at $23,520,000. Biogen Inc Common Stock now has $67.92B valuation. The stock increased 0.40% or $0.68 on September 15, reaching $171.64. About 2.24M shares traded or 77.78% up from the average. It is down 4.45% since September 17, 2016 and is uptrending. It has underperformed by 11.76% the S&P500.

McGrath RentCorp (NASDAQ:MGRC) has been given a consensus broker rating score of 2.33 (Buy) from the three brokers that cover the stock, Zacks Investment Research reports. Therefore 33% are positive.

MGRC has been the subject of several analyst reports. The company was maintained on Thursday, August 3 by Oppenheimer. The firm earned "Buy" rating on Friday, January 8 by Sidoti. The stock has a market cap of $980.83 million, a price-to-earnings ratio of 23.37 and a beta of 0.96.

Since January 1, 0001, it had 0 insider purchases, and 4 insider sales for $442,115 activity. Another trade for 1,981 shares valued at $542,952 was made by Sandrock Alfred on Monday, April 3. Vounatsos Michel bought $380,433 worth of stock or 1,402 shares. Insiders sold a total of 14,865 shares of company stock worth $585,284 in the last ninety days.

Among 6 analysts covering BRF S.A.

Among 52 analysts covering Facebook (NASDAQ:FB), 48 have Buy rating, 2 Sell and 2 Hold. McGrath RentCorp had 4 analyst reports since November 4, 2015 according to SRatingsIntel. Piper Jaffray upgraded the shares of BIIB in report on Thursday, November 5 to "Overweight" rating. The firm earned "Neutral" rating on Tuesday, March 22 by Longbow. The stock has "Neutral" rating by JP Morgan on Wednesday, November 25. The rating was maintained by Mizuho with "Buy" on Thursday, February 2. In the last earnings report the EPS was $1.75 and is expected to be $1.88 for the current year with 23,993,000 shares presently outstanding. MGRC's profit will be $13.67 million for 18.47 P/E if the $0.57 EPS becomes a reality. Next quarter's EPS is forecasted at $0.51 with next year's EPS anticipated to be $2.04. The Missouri-based Piermont Capital Management Inc. has invested 0.88% in the stock. It is positive, as 88 investors sold FB shares while 531 reduced holdings. Its up 12.52% from 5.98 million shares previously. Williams Jones & Associate Limited Liability Company has 6,294 shares. Moreover, Skyline Asset Management Lp has 1.23% invested in the company for 472,700 shares. Invest Ltd Oh Adv has invested 0.28% in Biogen Inc (NASDAQ:BIIB). The fund owned 136,511 shares of the financial services provider's stock after purchasing an additional 39,481 shares during the quarter. Ashfield Ltd Company accumulated 27,270 shares. The stock of Facebook Inc (NASDAQ:FB) has "Buy" rating given on Friday, May 13 by M Partners. Wells Fargo Com Mn invested in 0% or 16,050 shares. Cornercap Inv Counsel Incorporated reported 23,030 shares. Blackrock reported 0% stake. Investment House Llc reported 0.49% of its portfolio in Biogen Inc (NASDAQ:BIIB).

Walthausen & Co., LLC trimmed its ownership by selling 4,987 shares a decrease of 1.0% in the quarter. Athenahealth Inc Com Mon Stock (NASDAQ:ATHN) was raised too.

Investors sentiment increased to 1.4 in Q4 2016. Its down 0.91, from 0.92 in 2016Q3.

Hcsf Management Llc holds 7.86% of its portfolio in McGrath RentCorp for 280,000 shares. 156 funds opened positions while 618 raised stakes.

The company is up by 0.47%% since yesterday's close of 40.69. Rhumbline Advisers stated it has 35,300 shares or 0% of all its holdings.

McGrath RentCorp (NASDAQ:MGRC) last issued its quarterly earnings data on Wednesday, August 2nd. State Street Corp increased its stake in McGrath RentCorp by 15.7% in the fourth quarter. McGrath RentCorp (NASDAQ:MGRC) has risen 25.54% since September 19, 2016 and is uptrending.

Want to see what other hedge funds are holding MGRC? Connor Clark & Lunn Invest Management Limited invested 0% in McGrath RentCorp (NASDAQ:MGRC). Piermont Mgmt invested 0.88% of its portfolio in McGrath RentCorp (NASDAQ:MGRC). California State Teachers Retirement Sys holds 163,059 shares. Coastland Capital Ltd Liability has invested 0.21% in The Valspar Corp (NYSE:VAL).

Founded in 1979, McGrath RentCorp is a diversified business-to-business rental company with four rental divisions. The company has market cap of $1.01 billion. The Company has four rental divisions: relocatable modular buildings, portable storage containers, electronic test equipment, and liquid and solid containment tanks and boxes. It has a 24.13 P/E ratio. Mobile Modular Portable Storage provides portable storage solutions in the California, Texas, Florida, Northern Illinois, New Jersey, North Carolina and Georgia markets.

The stock decreased 0.46% or $0.19 on September 15, reaching $40.69. Parametric Ltd Co has invested 0% of its portfolio in McGrath RentCorp (NASDAQ:MGRC). It has outperformed by 8.84% the S&P500.

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