Sentiment for Timken Co (NYSE:TKR)
14 May,2018
Timken Co (NYSE:TKR) institutional sentiment increased to 0.88 in 2017 Q4. Its up 0.23, from 0.65 in 2017Q3. The ratio is better, as 121 investment professionals increased or opened new positions, while 138 reduced and sold their stock positions in Timken Co. The investment professionals in our partner’s database now own: 59.34 million shares, down from 60.00 million shares in 2017Q3. Also, the number of investment professionals holding Timken Co in their top 10 positions was flat from 1 to 1 for the same number . Sold All: 25 Reduced: 113 Increased: 72 New Position: 49.
The Timken Company engineers, manufactures, and markets bearings, transmissions, gearboxes, belts, chains, couplings, and related products worldwide. The company has market cap of $3.73 billion. It operates through two divisions, Mobile Industries and Process Industries. It has a 18.6 P/E ratio. The Mobile Industries segment offers a portfolio of bearings, seals, lubrication devices, and systems, as well as power transmission components, engineered chains, augers, belts, and related products and maintenance services to original equipment manufacturers and end users of off-highway equipment, such as agricultural, construction, mining, outdoor power equipment, and powersports markets; and on-highway vehicles, including passenger cars, light trucks, and medium- and heavy-duty trucks, as well as rail cars and locomotives.
The stock increased 0.31% or $0.15 during the last trading session, reaching $48. About 489,318 shares traded. The Timken Company (NYSE:TKR) has risen 3.73% since May 13, 2017 and is uptrending. It has underperformed by 7.82% the S&P500.
Southernsun Asset Management Llc holds 5.24% of its portfolio in The Timken Company for 4.19 million shares. Beddow Capital Management Inc owns 120,504 shares or 2.4% of their US portfolio. Moreover, Anchor Bolt Capital Lp has 2.06% invested in the company for 1.16 million shares. The Iowa-based Security National Bank Of So Dak has invested 1.15% in the stock. Security National Bank Of Sioux City Iowa Ia, a Iowa-based fund reported 22,908 shares.
Since January 1, 0001, it had 1 insider buy, and 3 selling transactions for $383,986 activity.