Hexavest Inc. Has $52.71 Million Holdings in Goodyear Tire & Rubber Co (GT)

Lloyd Doyle
January 13, 2018

It has a 8.66 P/E ratio. The firm also offers various loan products, such as loans secured by first and second mortgages on one-to four-family residences; home equity loans comprising fixed-rate loans and variable-rate lines of credit; commercial and multifamily real estate loans; construction loans secured by single-family residences, and commercial and multifamily real estate; secured and unsecured consumer loans, including new and used manufactured homes, floating homes, automobile loans, boats and recreational vehicle loans, and loans secured by deposit accounts; land loans; and commercial business loans to finance commercial vehicles and equipment, as well as loans secured by accounts receivable and/or inventory. Cooper Tire & Rubber's payout ratio is 10.82%. Cmn (GT) stake by 60.07% reported in 2017Q3 SEC filing. Cmn (GT)'s stock declined 12.03%. Goodyear Tire & Rubr Co now has $8.33B valuation. Wealth Enhancement Advisory Services LLC now owns 41,360 shares of the company's stock valued at $1,061,000 after buying an additional 5,598 shares during the last quarter. (NASDAQ:MIK) ended its day at 24.78 with the rising stream of 1.14% and its total traded volume was 1.97 million shares less than the average volume. It has outperformed by 0.56% the S&P500. The forecast of 0 surveyed investment analysts covering the stock advises investors to Buy stake in the company. Therefore 58% are positive. 0 analysts recommended Overweight these shares while 4 recommended Underweight, according to FactSet data. Zacks Investment Research upgraded Goodyear Tire & Rubber from a "sell" rating to a "hold" rating in a research note on Tuesday. The rating was downgraded by Citigroup to "Neutral" on Monday, October 30. Standpoint Research downgraded the stock to "Hold" rating in Wednesday, October 28 report. Jefferies has "Buy" rating and $36.0 target. The Goodyear Tire & Rubber Company now has an average rating of "Buy" and an average target price of $34.63. The firm earned "Buy" rating on Tuesday, January 2 by Goldman Sachs. KeyBanc Capital Markets upgraded the stock to "Overweight" rating in Thursday, April 7 report. On Friday, February 24 the stock rating was downgraded by Jefferies to "Hold". The legal version of this piece of content can be accessed at https://www.thelincolnianonline.com/2018/01/12/somewhat-negative-press-coverage-somewhat-unlikely-to-affect-goodyear-tire-rubber-gt-share-price-updated.html.

Investors sentiment decreased to 1.04 in Q3 2017. This represents a $0.42 annualized dividend and a dividend yield of 1.05%.

Want to see what other hedge funds are holding GT? The company reported $1.18 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.85 by $0.33.

The Goodyear Tire & Rubber Company (NASDAQ:GT) traded down 0.12% during midday trading on Thursday, hitting $32.07. 136,644 are owned by Hap Trading Ltd Com. Moreover, Fruth Invest Mngmt has 0.35% invested in The Goodyear Tire & Rubber Company (NASDAQ:GT). The Maryland-based Proshare Advsrs Ltd Liability has invested 0.01% in The Goodyear Tire & Rubber Company (NASDAQ:GT).

The Goodyear Tire & Rubber Company (GT) has demonstrated a 20-day simple moving average (SMA) of 3.60%, and a 50-day SMA of 7.29%. The Goodyear Tire & Rubber Company's dividend payout ratio is now 33.33%. Quantum Mgmt reported 211,678 shares. Advent Cap De holds 0.01% or 20,000 shares.

Icm Asset Management Inc increased its stake in Ncr Corp. 57,435 are owned by Zurcher Kantonalbank (Zurich Cantonalbank). 25 were reported by Capital Limited Lc.

Since August 15, 2017, it had 0 insider purchases, and 4 sales for $507,858 activity.

In other news, SVP Jean Claude Kihn sold 7,500 shares of Goodyear Tire & Rubber stock in a transaction on Wednesday, November 1st. 212 shares were sold by McClellan Stephen R, worth $6,355. Following the transaction, the senior vice president now owns 59,348 shares in the company, valued at approximately $1,811,894.44. Innoviva Inc. Cmn was raised too. Andra Ap stated it has 0.08% in The Goodyear Tire & Rubber Company (NASDAQ:GT). They expect $0.73 earnings per share, down 23.16% or $0.22 from last year's $0.95 per share. GT's profit will be $179.82M for 11.58 P/E if the $0.73 EPS becomes a reality. 2017, The Goodyear Tire & Rubber Company (GT) delivered a 0.00% surprise with its net revenue. Meeder Asset Inc owns 24,943 shares or 0.09% of their U.S. portfolio. Moreover, Fj Capital Management Llc has 0.31% invested in the company for 74,000 shares. Paragon Capital Management Limited invested 0.1% in The Goodyear Tire & Rubber Company (NASDAQ:GT). The company had revenue of $3.92 billion during the quarter, compared to analysts' expectations of $3.91 billion.

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