The company has market cap of $37.38 million.
While under theory that management are shareholders, many value investors look for stocks with a high percent of insider ownership, because they will act in its own self interest, as well create shareholder value in the long-term.
About 98,577 shares traded. It has underperformed by 14.55% the S&P500. Iat Reinsurance Company Ltd bought 58,000 shares as the company's stock declined 12.09% while stock markets rallied. Given that liquidity is king in short-term, WFT is a stock with 1.03 billion shares outstanding that normally trades 12.56% of its float. Leading up to this report, we have seen a -22.3% fall in the stock price over the last 30 days and a -24.26% decline over the past 3 months. About 39.48M shares traded or 108.78% up from the average.
It is down 23.11% since October 24, 2016 and is downtrending. It has underperformed by 8.78% the S&P500. Therefore 52% are positive. New York REIT had 6 analyst reports since October 9, 2015 according to SRatingsIntel. As per Thursday, June 30, the company rating was initiated by Compass Point. Wells Fargo & Company had 101 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was maintained by Jefferies with "Hold" on Monday, June 12. The stock has "Neutral" rating by Goldman Sachs on Thursday, April 13. The company was downgraded on Wednesday, January 18 by Argus Research. Citigroup maintained it with "Buy" rating and $53.0 target in Monday, October 2 report. The shares price has positioned -24.26% down over the past quarter while it has directed -42.33% toward a falling position throughout past six months. Veritas Inv (Uk) Limited, United Kingdom-based fund reported 3,045 shares.
Investors sentiment decreased to 1.11 in Q2 2017. Its down 0.59, from 1.84 in 2017Q1. It dropped, as 75 investors sold GM shares while 286 reduced holdings. 7 funds opened positions while 23 raised stakes. Lpl Limited Company has invested 0.02% in Winmark Corporation (NASDAQ:WINA). Freestone Cap Hldgs Ltd Co reported 0.04% stake. The shares were sold at an average price of $4.43, for a total transaction of $77,525.00. Amg Natl Tru Comml Bank holds 128,516 shares. The company's beta value is at 2.42. Hsbc Pcl holds 579,891 shares or 0% of its portfolio. Two Creeks Capital Mgmt LP accumulated 7.20 million shares. Mitsubishi Ufj Securities Holding reported 40 shares. Commerzbank Aktiengesellschaft Fi reported 563,877 shares stake. Carroll Associate reported 0% stake. The recent change has given its price a 4.78% lead over SMA 50 and -1.37% deficit over its 52-week high.
Blackrock Inc. holds 0% of its portfolio in Air T, Inc. for 9,658 shares. Reuters.com's article titled: "BRIEF-Weatherford International appoints directors to its board" and published on September 25, 2017 is yet another important article. Bessemer Group Inc. now owns 20,989 shares of the company's stock valued at $116,000 after buying an additional 9,967 shares during the period.
Investors sentiment increased to 0.88 in Q2 2017. Its down 0.63, from 1.74 in 2017Q1.
A number of hedge funds have recently made changes to their positions in WFT. The Virginia-based Bb&T Securities Limited Liability Com has invested 0.02% in Weatherford International Plc (NYSE:WFT). Bank Of America De reported 475 shares or 0% of all its holdings. 36,390 are held by Macquarie Grp. Capital World Invsts reported 0.09% of its portfolio in Weatherford International Plc (NYSE:WFT). BMO Capital Markets boosted their price objective on shares of Weatherford International PLC from $4.75 to $5.50 and gave the stock an "outperform" rating in a research note on Thursday, August 3rd. Cibc Asset Mgmt owns 13,442 shares for 0% of their portfolio. 16,100 are held by Benin Management.
Weatherford International plc's Average Earnings Estimate for the current quarter is $-0.21, according to consensus of 31 analysts. The consensus mean EPS for the current quarter is at $-0.24 derived from a total of 31 estimates from the analysts who have weighed in on projected earnings. Equities analysts predict that Weatherford International will post ($1.27) EPS for the current fiscal year. Seaport Global upgraded the shares of WFT in report on Friday, May 6 to "Buy" rating. Weatherford International had a negative return on equity of 24.19% and a negative net margin of 63.74%. The firm earned "Buy" rating on Friday, February 3 by Loop Capital.
Additionally on 10/05/17 Citigroup "Maintained" Weatherford International Ltd (NYSE:WFT) to Buy setting price target at $5.6 and on 8/07/17 Morgan Stanley "Maintained" the stock to Overweight at $5.5. Susquehanna upgraded the stock to "Positive" rating in Tuesday, October 27 report.
Analysts have given a mean recommendation of 2.20 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range).
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.