Trex Company, Inc. (TREX) Trades at $110.10 After Triangle; Pledger & Co (OPY)’s Sentiment Is 2.23

April 7, 2018 - By Annabelle Johnson

Oppenheimer Holdings Inc. (NYSE:OPY) Logo

Pledger & Co Inc (OPY) investors sentiment increased to 2.23 in 2017 Q4. It’s up 1.07, from 1.16 in 2017Q3. The ratio is positive, as 49 institutional investors increased and opened new equity positions, while 22 decreased and sold stakes in Pledger & Co Inc. The institutional investors in our database reported: 5.98 million shares, up from 5.32 million shares in 2017Q3. Also, the number of institutional investors holding Pledger & Co Inc in top ten equity positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 20 Increased: 19 New Position: 30.

Trex Company, Inc. (TREX) formed triangle with $117.81 target or 7.00% above today’s $110.10 share price. Trex Company, Inc. (TREX) has $3.24 billion valuation. The stock decreased 3.16% or $3.59 during the last trading session, reaching $110.1. About 182,831 shares traded. Trex Company, Inc. (NYSE:TREX) has risen 53.31% since April 7, 2017 and is uptrending. It has outperformed by 41.76% the S&P500.

Analysts await Trex Company, Inc. (NYSE:TREX) to report earnings on May, 3. They expect $1.17 earnings per share, up 23.16% or $0.22 from last year’s $0.95 per share. TREX’s profit will be $34.43 million for 23.53 P/E if the $1.17 EPS becomes a reality. After $0.56 actual earnings per share reported by Trex Company, Inc. for the previous quarter, Wall Street now forecasts 108.93% EPS growth.

Since January 16, 2018, it had 0 buys, and 7 sales for $4.22 million activity. Gerhard Christopher Paul also sold $376,164 worth of Trex Company, Inc. (NYSE:TREX) on Wednesday, March 7. On Tuesday, February 27 the insider Golden Michael F sold $437,754. On Thursday, February 22 the insider Cline James E sold $2.31M. GRATZ JAY M had sold 2,322 shares worth $259,587 on Tuesday, February 20. 3,255 shares valued at $341,775 were sold by ROBINSON PATRICIA B on Tuesday, March 6. Gupp William R. also sold $370,973 worth of Trex Company, Inc. (NYSE:TREX) on Friday, February 23.

Investors sentiment decreased to 1.06 in Q4 2017. Its down 0.29, from 1.35 in 2017Q3. It is negative, as 8 investors sold Trex Company, Inc. shares while 93 reduced holdings. 49 funds opened positions while 58 raised stakes. 25.62 million shares or 0.85% less from 25.84 million shares in 2017Q3 were reported. Creative Planning holds 0% or 5,677 shares. Stephens Investment Grp Inc Limited Co holds 240,398 shares or 0.59% of its portfolio. Voloridge Mngmt Limited Co invested in 0.08% or 35,880 shares. Macquarie Group invested in 184,400 shares or 0.04% of the stock. Fmr Limited Liability, a Massachusetts-based fund reported 321,810 shares. Fiera Capital reported 0.04% of its portfolio in Trex Company, Inc. (NYSE:TREX). Moreover, Emerald Mutual Fund Advisers Tru has 1.31% invested in Trex Company, Inc. (NYSE:TREX) for 303,339 shares. Georgia-based Atlantic Limited Liability Com has invested 0% in Trex Company, Inc. (NYSE:TREX). Lpl Fincl Limited Liability Corporation, California-based fund reported 5,903 shares. Tru Of Vermont stated it has 0% of its portfolio in Trex Company, Inc. (NYSE:TREX). Barclays Public Ltd holds 0% or 7,336 shares in its portfolio. Polen Capital Mngmt Limited Liability Company holds 0% of its portfolio in Trex Company, Inc. (NYSE:TREX) for 2,730 shares. State Common Retirement Fund reported 0.01% in Trex Company, Inc. (NYSE:TREX). Northern Trust invested 0.01% of its portfolio in Trex Company, Inc. (NYSE:TREX). State Of Tennessee Treasury Department owns 23,155 shares.

Among 10 analysts covering Trex Co (NYSE:TREX), 5 have Buy rating, 0 Sell and 5 Hold. Therefore 50% are positive. Trex Co had 27 analyst reports since September 24, 2015 according to SRatingsIntel. Seaport Global upgraded the stock to “Buy” rating in Thursday, June 1 report. Wedbush upgraded Trex Company, Inc. (NYSE:TREX) on Thursday, September 24 to “Outperform” rating. FBR Capital maintained the stock with “Outperform” rating in Friday, February 26 report. The firm has “Buy” rating given on Wednesday, October 28 by CL King. As per Friday, December 8, the company rating was maintained by Stifel Nicolaus. The rating was upgraded by CL King on Thursday, October 1 to “Strong Buy”. The firm has “Neutral” rating by Wedbush given on Wednesday, October 19. The rating was maintained by Stifel Nicolaus on Tuesday, October 31 with “Hold”. The stock has “Neutral” rating by Wedbush on Tuesday, January 17. B. Riley & Co maintained Trex Company, Inc. (NYSE:TREX) rating on Thursday, February 22. B. Riley & Co has “Buy” rating and $126 target.

Private Capital Management Llc holds 1.47% of its portfolio in Oppenheimer Holdings Inc. for 340,679 shares. Greenwich Wealth Management Llc owns 305,703 shares or 1.37% of their US portfolio. Moreover, Perritt Capital Management Inc has 0.47% invested in the company for 62,950 shares. The Hawaii-based C M Bidwell & Associates Ltd has invested 0.23% in the stock. Hillsdale Investment Management Inc., a Ontario – Canada-based fund reported 45,900 shares.

Oppenheimer Holdings Inc. provides middle-market investment banking and full service broker-dealer services and products. The company has market cap of $340.29 million. The firm offers full-service brokerage services covering exchange-traded and over-the-counter corporate equity and debt securities, money market instruments, exchange-traded options and futures contracts, municipal bonds, mutual funds, and unit investment trusts; financial and wealth planning services; and margin lending services. It has a 15.39 P/E ratio. It also provides asset management services, including separately managed accounts, mutual fund managed accounts, discretionary portfolio management programs, fee non-discretionary investment advisory services, alternative investments, portfolio enhancement programs, investment advisory services, and institutional taxable fixed income portfolio management services.

Oppenheimer Holdings Inc. (NYSE:OPY) Institutional Positions Chart