Lear Corporation (NYSE:LEA) Trading Down - Insider Trading Activity

Lloyd Doyle
September 23, 2017

Lear Corporation's dividend payout ratio is now 13.28%. About 466,192 shares traded. Carnival Corp (NYSE:CCL) has risen 24.12% since September 21, 2016 and is uptrending. It has outperformed by 10.05% the S&P500. The institutional investor owned 27,982 shares of the auto parts company's stock after selling 34,719 shares during the quarter. The company has a market capitalization of $11.34 billion, a price-to-earnings ratio of 11.10 and a beta of 1.31. This dividend represents a yield of $1.22. About 402,826 shares traded. The indicator is non-directional meaning that it gauges trend strength whether the stock price is trending higher or lower. It has outperformed by 11.63% the S&P500. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and seven have assigned a buy rating to the stock. Therefore 50% are positive. Seaport Global initiated the stock with "Neutral" rating in Tuesday, August 9 report. The rating was upgraded by Deutsche Bank to "Buy" on Monday, July 27.

Lear Announces Date for Third Quarter 2017 Earnings Conference Call. They issued a "buy" rating and a $167.00 price target on the stock. KeyCorp restated a "buy" rating and set a $180.00 price objective on shares of Lear Corporation in a research note on Sunday. Baird now has a $178.00 price target on the auto parts company's stock. Morgan Stanley downgraded Lear Corporation from an "equal weight" rating to an "underweight" rating and decreased their price target for the company from $149.00 to $142.00 in a research note on Thursday, June 8th. KeyBanc Capital Markets maintained Lear Corporation (NYSE:LEA) rating on Thursday, September 14. RBC Capital Markets maintained the stock with "Outperform" rating in Thursday, April 28 report. Zacks Investment Research downgraded shares of Lear from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, March 28th.

More news for Lear Corporation (NYSE:LEA) were recently published by: Detroitnews.com, which released: "Matthew Simoncini: Lear Corp. CEO funds youth education" on September 15, 2017. The company also recently declared a dividend that will be paid on Tuesday the 19th of September 2017. SMITH GREG C had sold 2,266 shares worth $328,842.


Investors sentiment decreased to 0.84 in Q2 2017. It fall, as 33 investors sold LEA shares while 186 reduced holdings. 57 funds opened positions while 127 raised stakes. Northern Trust has 613,680 shares for 0.02% of their portfolio. The value of the investment in Lear Corporation went from $2,181,000 to $2,826,000,000 a change of 129,473.6% for the reporting period. Deutsche State Bank Ag owns 269,528 shares for 0.03% of their portfolio. Caisse De Depot Et Placement Du Quebec holds 0.01% or 30,100 shares in its portfolio. Bedrijfstakpensioenfonds Voor De Media Pno holds 0.13% or 7,934 shares. SG Americas Securities LLC now owns 46,875 shares of the auto parts company's stock valued at $6,660,000 after purchasing an additional 44,645 shares during the last quarter. 852 were accumulated by Toronto Dominion National Bank. The Japan-based Asset One Company Ltd has invested 0.05% in Lear Corporation (NYSE:LEA). Citadel Advisors Ltd Liability has 0.24% invested in Lear Corporation (NYSE:LEA). Fincl Bank Of Montreal Can has 1.78M shares for 0.24% of their portfolio. The Texas-based Sentinel Lba has invested 0.22% in Carnival Corp (NYSE:CCL). Aureus Asset Mngmt Ltd Co invested 0.04% of its portfolio in Lear Corporation (NYSE:LEA). Manufacturers Life Insur The reported 2,818 shares stake. The stock of Lear Corporation (NYSE:LEA) has "Hold" rating given on Wednesday, July 26 by RBC Capital Markets. On average, analysts forecast that Lear Corporation will post $16.53 earnings per share for the current fiscal year. LEA's profit will be $256.37 million for 11.18 P/E if the $3.77 EPS becomes a reality. Next quarter's EPS is estimated at $4.18 and the next full year EPS is projected to be $17.37. As per Tuesday, August 2, the company rating was maintained by Citigroup. Cornerstone Cap invested in 2.65% or 212,385 shares. A reading under 30 may indicate that the stock is oversold, and possibly undervalued. Wehner David M. had sold 15,470 shares worth $2.30 million. The stock rose 0.78% or $1.3 reaching $168.07. The company has a consensus rating of Hold and a consensus price target of $152.67. 14,874 are held by Waldron Lp. Sprucegrove Invest Management owns 244,542 shares. ALLY is down around 27.16% from its 12-month high of $16.68 notched on Nov 09, 2016 but is -3.14% above its highest point the past 12 months of $23.62 a share. Lear Corporation's revenue was up 8.4% on a year-over-year basis. Cornerstone Capital Management Llc holds 0.09% or 84,073 shares. Hillsdale Invest Inc accumulated 2,250 shares. Aarons Inc Com Par $0.50 (NYSE:AAN) was raised too.

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