Published: Mon, April 16, 2018
Business | By Tara Barton

Ritchie Bros. Auctioneers INC (RBA) Shareholder Riverbridge Partners LLC Increased Stake


The business services provider reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.05. Ritchie Bros. Auctioneers presently has an average rating of "Hold" and a consensus price target of $32.10. The stock decreased 0.03% or $0.01 during the last trading session, reaching $33.08.

Shares of RBA stock opened at $33.08 on Friday.

Ritchie Bros. Auctioneers (NYSE:RBA) (TSE:RBA) last issued its quarterly earnings data on Monday, February 26th. The stock underperformed the S&P 500 by 15.80%. Laurion Capital Management Lp acquired 1.11 million shares as Apple Inc (Put) (AAPL)'s stock declined 3.81%. Auctioneers in the third quarter valued at approximately $3,621,000. The stock increased 1.14% or $0.57 during the last trading session, reaching $50.78. About 21.75 million shares traded. (MDRX) has declined 6.63% since April 14, 2017 and is downtrending. It has underperformed by 27.83% the S&P500. (NYSE:ECL) by 25,853 shares in the quarter, and has cut its stake in National Instruments Corporati (NASDAQ:NATI).

Among 15 analysts covering Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) to report earnings on May, 3. During the same quarter in the previous year, the firm earned $0.30 earnings per share.

Gotham Asset Management LLC Has $845000 Holdings in WWE (NYSE:WWE)
In other news, SVP Mark Kowal sold 2,000 shares of the business's stock in a transaction that occurred on Friday, February 16th. Aperio Group LLC bought a new stake in World Wrestling Entertainment during the third quarter valued at approximately $244,000.

Shares of Ritchie Bros. Auctioneers Incorporated for the previous quarter, Wall Street now forecasts -42.31% negative EPS growth. Zacks Investment Research downgraded Ritchie Bros. Herald Investment Management Ltd who had been investing in Celestica Inc for a number of months, seems to be bullish on the $1.44B market cap company. The stock has "Hold" rating by Argus Research on Monday, August 24. On Thursday, November 16 the stock has "Underperform" rating by Bank of America. Citigroup maintained Halliburton Company (NYSE:HAL) on Wednesday, July 13 with "Buy" rating. Auctioneers Incorporated (NYSE:RBA) with "Underperform" rating. Canaccord Genuity upgraded Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) rating on Monday, August 10. Auctioneers from $35.00 to $37.00 and gave the stock an "outperform" rating in a research report on Wednesday, February 28th. On Monday, November 13 the firm has "Sell" rating by TD Securities given. KeyBanc Capital Markets maintained the stock with "Hold" rating in Thursday, November 9 report. (NYSE:PRLB) by 73,142 shares to 1.78M shares, valued at $183.11 million in 2017Q4, according to the filing. The Tobam holds 137,400 shares with $4.13 million value, up from 122,800 last quarter.

Since January 2, 2018, it had 0 insider purchases, and 10 selling transactions for $8.39 million activity. Its down 8.76% from 11.71M shares previously. Shares for $192,900 were bought by Al Mogharbel Khaled on Wednesday, March 28. Schorn Patrick bought $323,950 worth of stock or 5,000 shares.

Analysts await Allscripts Healthcare Solutions, Inc. Therefore 82% are positive. Celestica had 36 analyst reports since October 21, 2015 according to SRatingsIntel. (NASDAQ:MDRX) on Wednesday, August 5 with "Sector Perform" rating. The rating was maintained by Scotia Capital on Tuesday, January 9 with "Buy". Dougherty & Company initiated the shares of MDRX in report on Friday, December 2 with "Neutral" rating. Auctioneers from a "c" rating to a "b-" rating in a research report on Thursday, March 1st. The stock has a market capitalization of $4.80 billion and a P/E ratio of 43.46. Auctioneers from $30.50 to $35.00 and gave the company an "outperform" rating in a research report on Wednesday, January 10th. Jefferies has "Hold" rating and $80 target.

Investors sentiment increased to 0.73 in Q4 2017. It's down -0.18, from 1.16 in 2017Q3. Orrstown Inc holds 0.01% in Schlumberger Limited (NYSE:SLB) or 136 shares. M&T Bank accumulated 0.18% or 695,106 shares. Us Financial Bank De reported 181,620 shares. $1.60 million worth of Halliburton Company (NYSE:HAL) shares were sold by Miller Jeffrey Allen. First Commonwealth Fin Pa reported 0.52% stake. Chelsea Counsel holds 9,375 shares or 0.24% of its portfolio. Cleararc Cap owns 22,191 shares or 0.15% of their U.S. portfolio. Montag Caldwell Ltd Liability stated it has 3,600 shares. South State owns 88,056 shares or 0.64% of their U.S. portfolio. Massmutual Fsb Adv holds 35,353 shares.

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