Group 1 Automotive, Inc. (GPI) Forms $63.86 Double Top; Nokomis Capital Has Cut Its Xcerra (XCRA) Stake

April 5, 2018 - By rebbecca

Xcerra Corporation (NASDAQ:XCRA) Logo

Nokomis Capital Llc decreased Xcerra Corp (XCRA) stake by 64.38% reported in 2017Q4 SEC filing. Nokomis Capital Llc sold 2.47M shares as Xcerra Corp (XCRA)’s stock rose 15.17%. The Nokomis Capital Llc holds 1.37 million shares with $13.40M value, down from 3.84M last quarter. Xcerra Corp now has $643.60 million valuation. It closed at $11.72 lastly. It is down 27.12% since April 5, 2017 and is uptrending. It has outperformed by 15.57% the S&P500.

Group 1 Automotive, Inc. (GPI) formed double top with $65.78 target or 3.00% above today’s $63.86 share price. Group 1 Automotive, Inc. (GPI) has $1.29B valuation. The stock increased 3.84% or $2.36 during the last trading session, reaching $63.86. About 191,491 shares traded. Group 1 Automotive, Inc. (NYSE:GPI) has declined 13.27% since April 5, 2017 and is downtrending. It has underperformed by 24.82% the S&P500.

Investors sentiment increased to 1.21 in 2017 Q4. Its up 0.22, from 0.99 in 2017Q3. It increased, as 22 investors sold Group 1 Automotive, Inc. shares while 56 reduced holdings. 44 funds opened positions while 50 raised stakes. 20.23 million shares or 0.17% less from 20.26 million shares in 2017Q3 were reported. Royal Bancorporation Of Canada has invested 0% of its portfolio in Group 1 Automotive, Inc. (NYSE:GPI). Aqr Capital Management Ltd Liability Corporation has 0% invested in Group 1 Automotive, Inc. (NYSE:GPI). California Employees Retirement owns 63,010 shares or 0.01% of their US portfolio. Lsv Asset Mgmt holds 0.07% in Group 1 Automotive, Inc. (NYSE:GPI) or 646,844 shares. Fca Tx reported 0.11% stake. Hutchin Hill Ltd Partnership stated it has 22,600 shares. Great West Life Assurance Can holds 0% of its portfolio in Group 1 Automotive, Inc. (NYSE:GPI) for 25,756 shares. Qs Invsts Limited Liability Corp accumulated 7 shares. Pub Employees Retirement Association Of Colorado reported 4,243 shares stake. Old Mutual Customised Solutions (Proprietary) holds 1,600 shares or 0.01% of its portfolio. Moreover, Price T Rowe Assoc Md has 0% invested in Group 1 Automotive, Inc. (NYSE:GPI). Boston Ptnrs owns 200,787 shares. Pacad Investment Ltd has 400 shares for 0.01% of their portfolio. Cambiar Investors Limited Liability owns 80,786 shares. Texas Permanent School Fund holds 13,254 shares or 0.01% of its portfolio.

Analysts await Group 1 Automotive, Inc. (NYSE:GPI) to report earnings on April, 27. They expect $1.93 EPS, up 26.14% or $0.40 from last year’s $1.53 per share. GPI’s profit will be $38.99M for 8.27 P/E if the $1.93 EPS becomes a reality. After $2.11 actual EPS reported by Group 1 Automotive, Inc. for the previous quarter, Wall Street now forecasts -8.53% negative EPS growth.

Among 13 analysts covering Group 1 Automotive (NYSE:GPI), 2 have Buy rating, 1 Sell and 10 Hold. Therefore 15% are positive. Group 1 Automotive had 24 analyst reports since September 17, 2015 according to SRatingsIntel. On Tuesday, January 10 the stock rating was downgraded by CL King to “Neutral”. On Monday, November 13 the stock rating was downgraded by Buckingham Research to “Neutral”. The firm has “Market Perform” rating given on Monday, October 30 by Wells Fargo. The firm earned “Neutral” rating on Tuesday, August 9 by Seaport Global. The stock has “Buy” rating by Sidoti on Thursday, September 17. Stephens maintained the stock with “Equal-Weight” rating in Wednesday, October 28 report. As per Tuesday, March 20, the company rating was downgraded by Buckingham Research. The firm has “Hold” rating by Stephens given on Tuesday, March 20. The firm has “Buy” rating given on Friday, January 5 by Buckingham Research. The firm earned “Sector Weight” rating on Friday, February 12 by KeyBanc Capital Markets.

Since October 27, 2017, it had 0 insider purchases, and 9 selling transactions for $15.65 million activity. 20,000 shares valued at $1.65 million were sold by HESTERBERG EARL J on Friday, January 12. 20,000 shares valued at $1.60 million were sold by Rickel John C on Friday, October 27. On Tuesday, December 12 STRANGE J TERRY sold $401,362 worth of Group 1 Automotive, Inc. (NYSE:GPI) or 5,000 shares. $797,441 worth of Group 1 Automotive, Inc. (NYSE:GPI) shares were sold by Burman Darryl M. On Monday, October 30 Kenningham Daryl sold $527,143 worth of Group 1 Automotive, Inc. (NYSE:GPI) or 6,700 shares.

Nokomis Capital Llc increased Halcon Res Corp stake by 1.32 million shares to 1.76 million valued at $13.36M in 2017Q4. It also upped B Riley Finl Inc stake by 87,094 shares and now owns 1.35 million shares. Energy Recovery Inc (NASDAQ:ERII) was raised too.

Analysts await Xcerra Corporation (NASDAQ:XCRA) to report earnings on June, 7. They expect $0.20 earnings per share, up 17.65% or $0.03 from last year’s $0.17 per share. XCRA’s profit will be $10.98 million for 14.65 P/E if the $0.20 EPS becomes a reality. After $0.19 actual earnings per share reported by Xcerra Corporation for the previous quarter, Wall Street now forecasts 5.26% EPS growth.

Among 6 analysts covering Xcerra (NASDAQ:XCRA), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Xcerra had 12 analyst reports since September 4, 2015 according to SRatingsIntel. The stock of Xcerra Corporation (NASDAQ:XCRA) has “Hold” rating given on Thursday, October 26 by Needham. B. Riley & Co maintained Xcerra Corporation (NASDAQ:XCRA) rating on Monday, August 28. B. Riley & Co has “Hold” rating and $10.25 target. Stifel Nicolaus upgraded the shares of XCRA in report on Friday, February 23 to “Buy” rating. As per Wednesday, November 18, the company rating was maintained by Stifel Nicolaus. The rating was maintained by DA Davidson with “Buy” on Friday, September 4. The company was upgraded on Friday, February 23 by DA Davidson. The rating was downgraded by Stifel Nicolaus on Monday, May 15 to “Hold”. The firm has “Hold” rating given on Wednesday, August 30 by Needham. DA Davidson downgraded it to “Neutral” rating and $10.25 target in Tuesday, April 11 report. The firm earned “Neutral” rating on Tuesday, April 11 by B. Riley & Co.

Group 1 Automotive, Inc. (NYSE:GPI) Institutional Positions Chart