Neville Rodie & Shaw Has Trimmed By $586,229 Its Exxon Mobil (XOM) Position; 7 Analysts Covering Avis Budget Group, Inc. (CAR)

April 4, 2018 - By Shannon Black

Avis Budget Group, Inc. (NASDAQ:CAR) Logo

Among 11 analysts covering Avis Budget (NASDAQ:CAR), 7 have Buy rating, 2 Sell and 2 Hold. Therefore 64% are positive. Avis Budget has $63.0 highest and $18 lowest target. $37.50’s average target is -22.26% below currents $48.24 stock price. Avis Budget had 36 analyst reports since August 5, 2015 according to SRatingsIntel. M Partners maintained Avis Budget Group, Inc. (NASDAQ:CAR) rating on Thursday, October 12. M Partners has “Buy” rating and $49 target. The rating was initiated by Goldman Sachs on Monday, October 24 with “Neutral”. M Partners maintained Avis Budget Group, Inc. (NASDAQ:CAR) rating on Monday, December 14. M Partners has “Buy” rating and $63.0 target. On Thursday, February 25 the stock rating was maintained by Barclays Capital with “Equal-Weight”. The rating was maintained by Barclays Capital with “Equal Weight” on Tuesday, September 27. As per Tuesday, March 22, the company rating was initiated by Sterne Agee CRT. The firm has “Neutral” rating by Credit Suisse given on Friday, February 17. As per Friday, September 15, the company rating was maintained by Morgan Stanley. The firm has “Buy” rating given on Friday, August 4 by J.P. Morgan. The rating was downgraded by Goldman Sachs on Wednesday, February 14 to “Sell”. See Avis Budget Group, Inc. (NASDAQ:CAR) latest ratings:

23/02/2018 Broker: Deutsche Bank Old Rating: Buy New Rating: Buy Old Target: $48 New Target: $51 Maintain
16/02/2018 Broker: Barclays Capital Rating: Hold New Target: $32.0
14/02/2018 Broker: Goldman Sachs Old Rating: Neutral New Rating: Sell Downgrade
08/11/2017 Broker: Deutsche Bank Rating: Buy Old Target: $49 New Target: $48 Maintain
01/11/2017 Broker: Barclays Capital Rating: Equal-Weight Old Target: $30 New Target: $32 Maintain
12/10/2017 Broker: M Partners Rating: Buy Old Target: $36 New Target: $49 Maintain

Neville Rodie & Shaw Inc decreased Exxon Mobil Corp (XOM) stake by 1.15% reported in 2017Q4 SEC filing. Neville Rodie & Shaw Inc sold 7,063 shares as Exxon Mobil Corp (XOM)’s stock declined 12.23%. The Neville Rodie & Shaw Inc holds 608,604 shares with $50.90M value, down from 615,667 last quarter. Exxon Mobil Corp now has $318.01B valuation. The stock increased 2.46% or $1.8 during the last trading session, reaching $75.02. About 16.00M shares traded or 0.82% up from the average. Exxon Mobil Corporation (NYSE:XOM) has declined 9.29% since April 4, 2017 and is downtrending. It has underperformed by 20.84% the S&P500.

Investors sentiment increased to 0.7 in 2017 Q4. Its up 0.12, from 0.58 in 2017Q3. It improved, as 39 investors sold Avis Budget Group, Inc. shares while 78 reduced holdings. 36 funds opened positions while 46 raised stakes. 100.88 million shares or 8.81% less from 110.63 million shares in 2017Q3 were reported. Legal & General Grp Pcl holds 0.01% of its portfolio in Avis Budget Group, Inc. (NASDAQ:CAR) for 225,128 shares. Shanda Asset Ltd owns 100,000 shares. Mitsubishi Ufj And Bk has 4,969 shares. Oregon Pub Employees Retirement Fund has invested 0.02% in Avis Budget Group, Inc. (NASDAQ:CAR). Ontario Teachers Pension Plan Board holds 0.02% of its portfolio in Avis Budget Group, Inc. (NASDAQ:CAR) for 36,963 shares. Commonwealth Of Pennsylvania School Empls Retrmt Sys stated it has 10,466 shares. Carroll Fincl Assocs Inc has 70 shares. Federated Investors Pa invested 0.02% of its portfolio in Avis Budget Group, Inc. (NASDAQ:CAR). Great West Life Assurance Can, a Manitoba – Canada-based fund reported 57,584 shares. 8,296 were reported by Trexquant Inv Lp. Ubs Asset Mgmt Americas Inc invested in 110,864 shares. Par Cap Mgmt invested 3.03% in Avis Budget Group, Inc. (NASDAQ:CAR). Swiss Bancorporation invested in 126,700 shares or 0.01% of the stock. Bnp Paribas Arbitrage Sa reported 38,176 shares or 0% of all its holdings. Lsv Asset Management reported 0.03% of its portfolio in Avis Budget Group, Inc. (NASDAQ:CAR).

Since October 13, 2017, it had 1 buying transaction, and 2 sales for $130.66 million activity. $141.96M worth of Avis Budget Group, Inc. (NASDAQ:CAR) was bought by SRS Investment Management – LLC. 250,000 Avis Budget Group, Inc. (NASDAQ:CAR) shares with value of $10.26M were sold by NELSON RONALD L. De Shon Larry D sold $1.05M worth of Avis Budget Group, Inc. (NASDAQ:CAR) on Monday, October 30.

Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary services to businesses and clients worldwide. The company has market cap of $3.91 billion. The firm operates through two divisions, Americas and International. It has a 11.35 P/E ratio. It operates the Avis brand car rental system with approximately 5,550 locations that supply rental cars to the premium commercial and leisure divisions of the travel industry; the Budget brand vehicle rental system with approximately 4,050 car rental locations, which serve the value-conscious divisions of the industry; and the Zipcar brand, a membership car sharing network that provides vehicles to approximately 1 million members.

The stock increased 4.21% or $1.95 during the last trading session, reaching $48.24. About 2.15M shares traded. Avis Budget Group, Inc. (NASDAQ:CAR) has risen 66.28% since April 4, 2017 and is uptrending. It has outperformed by 54.73% the S&P500.

Investors sentiment decreased to 0.84 in 2017 Q4. Its down 0.01, from 0.85 in 2017Q3. It is negative, as 48 investors sold XOM shares while 819 reduced holdings. 123 funds opened positions while 603 raised stakes. 2.17 billion shares or 1.92% more from 2.13 billion shares in 2017Q3 were reported. Ahl Prtn Llp has 0.05% invested in Exxon Mobil Corporation (NYSE:XOM). Quantum Cap stated it has 0.19% in Exxon Mobil Corporation (NYSE:XOM). Manufacturers Life Insur The reported 7.37 million shares stake. Td Asset Mgmt holds 0.46% or 3.74 million shares in its portfolio. Goldman Sachs Grp Inc owns 28.35M shares. Hengehold Capital Ltd Liability has 5,251 shares. River Road Asset Ltd holds 814,297 shares. Crestwood Grp Ltd Liability Corporation invested in 1.27% or 190,353 shares. Sterneck Capital Mgmt Llc holds 6,875 shares or 0.34% of its portfolio. Btc Cap Management holds 0.74% of its portfolio in Exxon Mobil Corporation (NYSE:XOM) for 51,551 shares. Buckingham Asset Mngmt Limited Com invested in 1.49% or 85,481 shares. Bluemountain Mngmt Llc invested in 149,740 shares or 0.25% of the stock. 3,577 were accumulated by Jacobson & Schmitt Advsr Ltd Liability Corp. Univest Corporation Of Pennsylvania holds 15,351 shares or 0.52% of its portfolio. Blume accumulated 0.91% or 21,300 shares.

Analysts await Exxon Mobil Corporation (NYSE:XOM) to report earnings on April, 27. They expect $1.23 earnings per share, up 29.47% or $0.28 from last year’s $0.95 per share. XOM’s profit will be $5.21 billion for 15.25 P/E if the $1.23 EPS becomes a reality. After $0.88 actual earnings per share reported by Exxon Mobil Corporation for the previous quarter, Wall Street now forecasts 39.77% EPS growth.

Among 26 analysts covering Exxon Mobil (NYSE:XOM), 10 have Buy rating, 6 Sell and 10 Hold. Therefore 38% are positive. Exxon Mobil has $104 highest and $20 lowest target. $81.59’s average target is 8.76% above currents $75.02 stock price. Exxon Mobil had 91 analyst reports since July 22, 2015 according to SRatingsIntel. Howard Weil upgraded the stock to “Sector Outperform” rating in Monday, June 5 report. The stock has “Hold” rating by Jefferies on Friday, June 23. The firm has “Sell” rating given on Tuesday, January 26 by Tudor Pickering. TD Securities maintained Exxon Mobil Corporation (NYSE:XOM) rating on Thursday, August 6. TD Securities has “Hold” rating and $52 target. The stock of Exxon Mobil Corporation (NYSE:XOM) earned “Buy” rating by Argus Research on Wednesday, May 18. The company was maintained on Monday, May 2 by Credit Suisse. Morgan Stanley maintained the shares of XOM in report on Wednesday, October 18 with “Underperform” rating. Goldman Sachs maintained the shares of XOM in report on Friday, March 18 with “Conviction Buy” rating. The firm has “Neutral” rating given on Monday, May 2 by UBS. Jefferies maintained the shares of XOM in report on Tuesday, October 3 with “Hold” rating.

Exxon Mobil Corporation (NYSE:XOM) Institutional Positions Chart