Columbia Pacific Advisors LLC Has $483,000 Stake in Ehi Car Services Ltd (EHIC)
Columbia Pacific Advisors LLC trimmed its stake in Ehi Car Services Ltd (NYSE:EHIC) by 4.5% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 48,354 shares of the company’s stock after selling 2,289 shares during the quarter. Ehi Car Services makes up 0.5% of Columbia Pacific Advisors LLC’s portfolio, making the stock its 24th biggest holding. Columbia Pacific Advisors LLC owned approximately 0.07% of Ehi Car Services worth $483,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in EHIC. Dimensional Fund Advisors LP lifted its position in shares of Ehi Car Services by 28.1% in the second quarter. Dimensional Fund Advisors LP now owns 172,147 shares of the company’s stock valued at $1,718,000 after acquiring an additional 37,759 shares in the last quarter. Parametric Portfolio Associates LLC acquired a new stake in shares of Ehi Car Services during the second quarter valued at $186,000. Renaissance Group LLC acquired a new stake in shares of Ehi Car Services during the second quarter valued at $431,000. Symmetry Peak Management LLC acquired a new stake in shares of Ehi Car Services during the first quarter valued at $127,000. Finally, Renaissance Technologies LLC boosted its stake in shares of Ehi Car Services by 47.8% during the first quarter. Renaissance Technologies LLC now owns 160,900 shares of the company’s stock valued at $1,627,000 after acquiring an additional 52,000 shares during the last quarter. 28.48% of the stock is owned by institutional investors.
A number of analysts recently commented on the company. ValuEngine upgraded Ehi Car Services from a “sell” rating to a “hold” rating in a research report on Friday, September 1st. Zacks Investment Research downgraded shares of Ehi Car Services from a “hold” rating to a “sell” rating in a research note on Wednesday, September 20th.
Ehi Car Services Ltd (EHIC) traded down 0.20% during midday trading on Wednesday, hitting $9.87. 30,132 shares of the company’s stock traded hands. Ehi Car Services Ltd has a 52 week low of $8.11 and a 52 week high of $11.49. The company has a market capitalization of $674.88 million, a PE ratio of 46.34 and a beta of 0.45. The company has a 50 day moving average of $9.54 and a 200-day moving average of $9.83.
Ehi Car Services (NYSE:EHIC) last announced its earnings results on Monday, August 28th. The company reported $0.06 EPS for the quarter, topping the consensus estimate of $0.05 by $0.01. Ehi Car Services had a net margin of 4.75% and a return on equity of 3.00%. The company had revenue of $94.37 million during the quarter. Equities research analysts predict that Ehi Car Services Ltd will post $0.37 earnings per share for the current year.
About Ehi Car Services
eHi Car Services Limited, formerly Prudent Choice International Limited, is a holding company. The Company is engaged in car rentals and car services. The Company provides self-drive car rental services to both individual customers, as well as corporate and institutional clients to meet travel, leisure, business and ground transportation needs.
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