FBR & Co Reiterates Buy Rating for Cooper Tire & Rubber Company (NYSE:CTB)

FBR & Co Reiterates Buy Rating for Cooper Tire & Rubber Company (NYSE:CTB)”

Euclidean Technologies Management, LLC trimmed its ownership by selling 2,000 shares a decrease of 3.4% in the quarter. As of the end of the quarter Next Financial Group, Inc had acquired 410 shares growing its position 2.8%.

Several other hedge funds have also modified their holdings of GT. First Quadrant L P CA purchased a new stake in The Goodyear Tire & Rubber in the 2nd quarter worth approximately $130,000.

05/04/2015 - The Goodyear Tire & Rubber Company was upgraded to "buy" by analysts at Zacks. Riverhead Capital Management LLC now owns 4,029 shares of the company's stock worth $145,000 after acquiring an additional 1,729 shares in the last quarter. Next quarter's EPS is forecasted at $1.12 and the next full year EPS is anticipated to be $4.08. Finally, Capstone Asset Management Co. grew its position in shares of The Goodyear Tire & Rubber by 0.4% during the 2nd quarter. Louisiana State Employees Retirement System now owns 15,600 shares of the company's stock worth $545,000 after buying an additional 100 shares during the period.

Institutional investors have recently made changes to their positions in the business. The Company also operates commercial truck service and tire retreading centers. Finally, CLSA started coverage on The Goodyear Tire & Rubber in a research note on Wednesday, June 21st.

08/07/2017 - The Goodyear Tire & Rubber Company had its "buy" rating reiterated by analysts at Jefferies. Amer Insur Tx reported 0.04% of its portfolio in Cooper Tire & Rubber Co (NYSE:CTB). Goldman Sachs has "Neutral" rating and $38 target. Jefferies maintained Goodyear Tire & Rubber Co (NASDAQ:GT) rating on Monday, August 7. Peel Hunt maintained the stock with "Hold" rating in Wednesday, September 20 report.

The share price of The Goodyear Tire & Rubber Company (NASDAQ:GT) was up +0.59% during the last trading session, with a day high of 32.42. Shares saw a steep decrease in trading volume of 99.60% under the normal average daily volume. The company has a market cap of $8.17 billion, a PE ratio of 7.0726 and a beta of 1.54. The mean target price as estimated by the analysts for the company has been recorded at $37.88.

Cooper Tire & Rubber Company (CTB) closed -7.42% below its 200-day moving average and is -0.43% below another chart threshold, its 50-day moving average.

The Goodyear Tire & Rubber (NASDAQ:GT) last released its earnings results on Friday, July 28th. The company reported $0.70 EPS for the quarter, missing the consensus estimate of $0.75 by ($0.05). The institutional investor held 52,412 shares of the automotive aftermarket company at the end of 2017Q2, valued at $1.89M, up from 43,608 at the end of the previous reported quarter.

The Goodyear Tire & Rubber Comp now has a P/E ratio of 7.07 and market cap is 8.17B. During the same quarter in the previous year, the company earned $1.16 EPS. Warren Averett Asset Ltd Limited Liability Company invested 0.35% of its portfolio in Goodyear Tire & Rubber Co (NASDAQ:GT).

The firm also recently announced a quarterly dividend, which was paid on Friday, September 1st. More interesting news about Deere & Company (NYSE:DE) was released by: and their article: "5 Crucial Takeaways From Deere & Company's Earnings" with publication date: August 28, 2017. The dividend was $0.100 per share for the quarter which comes to $0.40 on an annualized basis. The Goodyear Tire & Rubber's dividend payout ratio (DPR) is presently 8.77%. The stock was trading at a distance of -13.25% from its 52-week highs and stands 20.32% away from its 52-week lows. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Stephen R. Mcclellan, President, Americas sold $6,354 worth of shares at an average price of $29.97 on Thursday the 24th. On Wednesday, March 1 the stock rating was downgraded by Standpoint Research to "Hold". The disclosure for this sale can be found here. They were forecasting US$1.01 per share three months ago. As of December 31, 2016, the Company had operated approximately 1,100 tire and auto service center outlets where it offered its products for retail sale and provided automotive fix and other services.

COPYRIGHT VIOLATION NOTICE: This report was published by StockNewsTimes and is the sole property of of StockNewsTimes. If you are reading this report on another domain, it was illegally copied and republished in violation of USA and worldwide copyright & trademark legislation. The legal version of this report can be read at

Cooper Tire & Rubber Company, launched on March 26, 1930, is a manufacturer and marketer of replacement tires.

Like this


22 September 2017
Student brings loaded gun to Sierra Vista High School in Las Vegas
Surrounding schools were put on secured perimeter with no students allowed outside during this period of time as a precaution. He also said going into lockdown in that situation could have potentially increased the danger for students.

22 September 2017
Emma Stone reveals she went through anxiety therapy at age 7
But her anxiety hasn't been limited to those days, and her ideas about what's therapeutic have expanded since then. The La La Land star also revealed that she had "immobilising" panic attacks as young as 7 years old.

22 September 2017
The rise of the accountants continues as PwC launches in DC
Previously, she worked in the legal department of Nutreco, a large animal nutrition company based in the Netherlands. Edmundson said ILC Law has no plans at this time to open more USA offices, but it could happen in the future.

22 September 2017
Nikki Haley on North Korea: 'We're Not Going to Run Scared'
Haley said that wasn't an empty threat from the president but, when asked, she declined to describe the president's intentions. South Korean F-15Ks and Japanese F-2s accompanied the United States planes, the statement said.

22 September 2017
George Coetzee and Joost Luiten share early lead at Portugal Masters
Kiwi golfer Ryan Fox is six shots off the lead after a one-under 70, with two birdies and a bogey, in a tie for 69th. Campillo shot a four-under 67.

22 September 2017
The Interpublic Group of Companies, Inc. (IPG)
That represents a quarterly year/year change in revenues of -0.02 in sequential terms, the IPG saw sales decline by 0.07. Wall Street is only getting more bullish on the stock, with 6 of analysts who cover BIOS having a buy-equivalent rating.

22 September 2017
Watch Miguel Perform Songs from His Upcoming Album on 'Colbert'
In his introduction for the performance, Colbert noted that the songs Miguel was playing were from his "forthcoming" album War and Leisure .

22 September 2017
4 detained in probe linked to film on Russian czar's affair
A vehicle was set on fire last week near the Moscow office of a lawyer representing Uchitel, whose own office in Saint Petersburg has also been targeted.

22 September 2017
Trump has military options for North Korea
Haley declined to say whether Trump would commit Washington to maintaining its current level of funding for the 193-nation body. New U.N. sanctions cut oil exports to North Korea.

22 September 2017
Jimmy Kimmel ramps up battle against GOP health care bill
The Louisiana Republican said Wednesday morning that Kimmel "does not understand" the bill. Bill Cassidy for lying about his new legislation passing the " Jimmy Kimmel Test".