KAR Auction Services Inc (KAR) Position Lifted by Dimensional Fund Advisors LP

Lloyd Doyle
January 25, 2018

Rfg Advisory Group Llc decreased its stake in Home Depot Inc (HD) by 48.84% based on its latest 2017Q3 regulatory filing with the SEC. The institutional investor held 3,624 shares of the consumer services company at the end of 2017Q3, valued at $600,000, down from 7,083 at the end of the previous reported quarter. The company has market cap of $7.39 billion. The stock increased 1.55% or $1.08 during the last trading session, reaching $70.78. The Home Depot, Inc. Emerson Electric Co. (NYSE:EMR) has risen 18.47% since January 24, 2017 and is uptrending.

Investors sentiment decreased to 0.98 in 2017 Q3. Its up 0.19, from 0.95 in 2017Q2. 30 funds opened positions while 53 raised stakes. 796.24 million shares or 3.15% less from 822.13 million shares in 2017Q2 were reported. 3,399 are owned by Two Sigma Secs Ltd Liability. Asset Mgmt One Ltd has invested 0.08% in Paychex, Inc. (NYSE:KAR) on Thursday, November 2 to "Hold" rating. Loomis Sayles & Communications Lp holds 0.06% of its portfolio in The Home Depot, Inc. (NYSE:KAR) for 39 shares. Ballentine Prtnrs Limited Liability Com has invested 0.09% in The Home Depot, Inc. The Pennsylvania-based Pitcairn has invested 0.07% in SEI Investments Co. (NYSE:KAR). Credit Suisse Ag holds 156,062 shares or 0.01% of its portfolio. Services Automobile Association accumulated 293,875 shares. Millennium Mgmt Ltd Llc has invested 0.16% in The Home Depot, Inc. (NYSE:KAR) is 6.277730. This is calculated by dividing the five year average ROIC by the Standard Deviation of the 5 year ROIC. The specialty retailer reported $0.57 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.51 by $0.06. The Missouri-based Argent Capital Llc has invested 0.03% in The Home Depot, Inc. Mendon Capital Advsrs Corp has invested 0.17% in Banc of California, Inc. (NYSE:HD). Greenwood Gearhart Inc reported 2.15% in The Home Depot, Inc. A modification of the simple overbought or oversold trade setup is the addition of the 100-period exponential moving average, which is used by institutional traders as a very powerful support-resistance tool.

Among 33 analysts covering The Home Depot Inc. The company's quarterly revenue was up 6.8% on a year-over-year basis. sell-side analysts expect that KAR Auction Services will post 2.37 EPS for the current year. Therefore 67% are positive. The Home Depot Inc. has $220.0 highest and $106 lowest target. The RSI may be useful for spotting abnormal price activity and volatility. Finally, JPMorgan Chase & Co. upped their price target on KAR Auction Services from $52.00 to $55.00 and gave the stock an "overweight" rating in a report on Monday, October 30th. The rating was maintained by Robert W. Baird on Thursday, September 7 with "Hold". Gordon Haskett Capital Corporation initiated The Home Depot, Inc. KAR Auction Services presently has a consensus rating of "Buy" and a consensus price target of $54.60. Legal General Grp Inc Public Limited Co accumulated 99,652 shares or 0% of the stock. (NYSE:KAR) earned "Hold" rating by Zacks on Friday, August 21. (NYSE:BANC) rating on Thursday, May 4. The rating was maintained by Jefferies on Thursday, July 13 with "Buy". The firm has "Buy" rating given on Thursday, November 30 by Robert W. Baird. Keefe Bruyette & Woods downgraded the shares of SEIC in report on Thursday, January 28 to "Underperform" rating. (NYSE:HD) rating on Wednesday, January 10. Zacks has "Hold" rating and $41 target. Bernstein initiated The Home Depot, Inc. FBR Capital has "Outperform" rating and $24 target. The firm has "Hold" rating by Stephens given on Thursday, September 7.

Analysts await SEI Investments Co. (NYSE:HD) to report earnings on February, 20.

When dealing with the stock market, investors may seek to make trades that will limit regret and create a sense of pride. The stock has a market cap of $7,370.00, a PE ratio of 32.03, a PEG ratio of 1.54 and a beta of 1.08. After $1.84 actual earnings per share reported by The Home Depot, Inc. for the previous quarter, Wall Street now forecasts -11.96% negative EPS growth.


Looking at some ROIC (Return on Invested Capital) numbers, Maruko Co., Ltd. (TSE:9980)'s ROIC Quality Score is 1.648255. Its down 0.04, from 1.37 in 2017Q2.

Dimensional Fund Advisors LP grew its holdings in shares of KAR Auction Services Inc (NYSE:KAR) by 3.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission.

A number of hedge funds have recently added to or reduced their stakes in KAR. The specialty retailer reported $0.57 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.51 by $0.06. Gates Cap Management Incorporated invested in 856,964 shares. Brookstone owns 7,433 shares or 0.03% of their United States portfolio. (NYSE:KAR). Waddell Reed Fincl stated it has 0.02% of its portfolio in KAR Auction Services, Inc. KAR Auction Services earned a media sentiment score of 0.15 on Accern's scale. Manufacturers Life The invested 0% in KAR Auction Services, Inc. Finally, River Road Asset Management LLC increased its holdings in shares of KAR Auction Services by 43.4% during the third quarter. Stockholders of record on Wednesday, December 20th were issued a dividend of $0.35 per share. Thompson Siegel & Walmsley LLC now owns 588,276 shares of the specialty retailer's stock worth $28,084,000 after buying an additional 587,856 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of KAR Auction Services by 8.4% in the second quarter. First Tru Advisors LP holds 24,582 shares. State Of Wisconsin Investment Board holds 578,481 shares or 0.04% of its portfolio. Twin Tree Management L P, Texas-based fund reported 42,321 shares. Champlain Investment Partners Ltd Liability Corp has 1.39 million shares for 1% of their portfolio. 109.90 million shares or 2.20% more from 107.53 million shares in 2017Q2 were reported. 14,309 were accumulated by Highland Capital Mngmt Llc. After a recent check, the 14-day RSI for Kar Auction Services Inc is now at 78.49, the 7-day stands at 86.47, and the 3-day is sitting at 83.35. As we run through the next round of company earnings reports, investors will be keeping a close eye on the data that is reported. KAR's profit would be $70.33 million giving it 26.28 P/E if the $0.52 EPS is correct.

KAR Auction Services (NYSE:KAR) last released its quarterly earnings results on Tuesday, October 31st. It also increased its holding in Constellation Brands Inc A (Put) (NYSE:STZ) by 16,045 shares in the quarter, for a total of 35,000 shares, and has risen its stake in Symantec Corp (NASDAQ:SYMC).

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