Modine Manufacturing Co (NYSE:MOD) Stock Sentiment Improves

April 17, 2018 - By Vivian Park

Modine Manufacturing Company (NYSE:MOD) Logo

Sentiment for Modine Manufacturing Co (NYSE:MOD)

Modine Manufacturing Co (NYSE:MOD) institutional sentiment increased to 1.37 in Q4 2017. Its up 0.10, from 1.27 in 2017Q3. The ratio has improved, as 71 hedge funds increased and opened new positions, while 52 sold and decreased their positions in Modine Manufacturing Co. The hedge funds in our partner’s database now have: 41.20 million shares, up from 40.89 million shares in 2017Q3. Also, the number of hedge funds holding Modine Manufacturing Co in their top 10 positions was flat from 2 to 2 for the same number . Sold All: 10 Reduced: 42 Increased: 47 New Position: 24.

Modine Manufacturing Company develops, makes, and markets engineered heat transfer systems and heat transfer components for use in on- and off-highway original equipment maker vehicular applications. The company has market cap of $1.04 billion. The firm operates through Americas, Europe, Asia, and Building HVAC divisions. It has a 83.2 P/E ratio. It offers powertrain cooling products, such as engine cooling modules, radiators, charge air coolers, condensers, oil coolers, fan shrouds, and surge tanks; on-engine cooling products consisting of exhaust gas recirculation coolers, engine oil coolers, fuel coolers, charge air coolers, and intake air coolers; and auxiliary coolers, such as transmission and retarder oil coolers, and power steering coolers, as well as component assemblies, radiators, and battery cooling products.

The stock decreased 1.91% or $0.4 during the last trading session, reaching $20.55. About 54,929 shares traded. Modine Manufacturing Company (NYSE:MOD) has risen 88.05% since April 17, 2017 and is uptrending. It has outperformed by 76.50% the S&P500.

Analysts await Modine Manufacturing Company (NYSE:MOD) to report earnings on May, 23. They expect $0.41 EPS, up 17.14 % or $0.06 from last year’s $0.35 per share. MOD’s profit will be $20.69 million for 12.53 P/E if the $0.41 EPS becomes a reality. After $0.35 actual EPS reported by Modine Manufacturing Company for the previous quarter, Wall Street now forecasts 17.14 % EPS growth.

D.C. Capital Advisors Ltd holds 10.82% of its portfolio in Modine Manufacturing Company for 1.00 million shares. Oarsman Capital Inc. owns 243,463 shares or 2.12% of their US portfolio. Moreover, Phocas Financial Corp. has 1.07% invested in the company for 634,143 shares. The Massachusetts-based Frontier Capital Management Co Llc has invested 0.59% in the stock. Eam Investors Llc, a California-based fund reported 219,914 shares.#img1#

Since January 1, 0001, it had 0 buys, and 7 insider sales for $1.11 million activity.

Modine Manufacturing Company (NYSE:MOD) Institutional Positions Chart

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