Fieldpoint Private Securities LLC continued to hold its position in Westinghouse Air Brake Technologies Corporation (NYSE:WAB) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,600 shares of the transportation company’s stock at the end of the 2nd quarter. Fieldpoint Private Securities LLC’s holdings in Westinghouse Air Brake Technologies Corporation were worth $146,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Buffington Mohr McNeal boosted its stake in Westinghouse Air Brake Technologies Corporation by 1.9% during the 2nd quarter. Buffington Mohr McNeal now owns 10,165 shares of the transportation company’s stock valued at $930,000 after purchasing an additional 185 shares in the last quarter. IFP Advisors Inc increased its position in shares of Westinghouse Air Brake Technologies Corporation by 15.2% during the 2nd quarter. IFP Advisors Inc now owns 1,913 shares of the transportation company’s stock valued at $175,000 after purchasing an additional 252 shares during the period. Tredje AP fonden increased its position in shares of Westinghouse Air Brake Technologies Corporation by 15.7% during the 2nd quarter. Tredje AP fonden now owns 2,720 shares of the transportation company’s stock valued at $249,000 after purchasing an additional 370 shares during the period. Mountain Pacific Investment Advisers Inc. ID increased its position in shares of Westinghouse Air Brake Technologies Corporation by 0.6% during the 2nd quarter. Mountain Pacific Investment Advisers Inc. ID now owns 285,430 shares of the transportation company’s stock valued at $26,117,000 after purchasing an additional 1,605 shares during the period. Finally, Eaton Vance Management increased its position in shares of Westinghouse Air Brake Technologies Corporation by 16.6% during the 2nd quarter. Eaton Vance Management now owns 14,082 shares of the transportation company’s stock valued at $1,289,000 after purchasing an additional 2,000 shares during the period.

Westinghouse Air Brake Technologies Corporation (NYSE WAB) traded up 0.350% during midday trading on Monday, hitting $76.015. The stock had a trading volume of 267,414 shares. The stock’s 50-day moving average is $71.85 and its 200-day moving average is $80.02. The company has a market cap of $7.30 billion, a P/E ratio of 26.747 and a beta of 1.06. Westinghouse Air Brake Technologies Corporation has a one year low of $69.20 and a one year high of $93.81.

Westinghouse Air Brake Technologies Corporation (NYSE:WAB) last posted its quarterly earnings results on Tuesday, July 25th. The transportation company reported $0.80 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.94 by ($0.14). Westinghouse Air Brake Technologies Corporation had a return on equity of 13.07% and a net margin of 8.10%. The business had revenue of $932.25 million for the quarter, compared to the consensus estimate of $1 billion. During the same period last year, the firm earned $1.00 earnings per share. The company’s quarterly revenue was up 28.8% on a year-over-year basis. Equities analysts predict that Westinghouse Air Brake Technologies Corporation will post $3.52 EPS for the current fiscal year.

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Several analysts have recently weighed in on WAB shares. BidaskClub upgraded Westinghouse Air Brake Technologies Corporation from a “buy” rating to a “strong-buy” rating in a report on Wednesday, July 5th. Zacks Investment Research raised Westinghouse Air Brake Technologies Corporation from a “sell” rating to a “hold” rating in a research note on Thursday, July 13th. Deutsche Bank AG lowered Westinghouse Air Brake Technologies Corporation from a “buy” rating to a “hold” rating and set a $90.00 target price on the stock. in a report on Thursday, July 13th. FBR & Co reaffirmed a “marketperform” rating on shares of Westinghouse Air Brake Technologies Corporation in a report on Tuesday, July 11th. Finally, Stifel Nicolaus cut shares of Westinghouse Air Brake Technologies Corporation from a “buy” rating to a “hold” rating and set a $92.00 price target on the stock. in a research report on Monday, July 17th. They noted that the move was a valuation call. One research analyst has rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the stock. Westinghouse Air Brake Technologies Corporation has an average rating of “Hold” and an average target price of $90.00.

About Westinghouse Air Brake Technologies Corporation

Westinghouse Air Brake Technologies Corporation (Wabtec), doing business as Wabtec Corporation, is a provider of technology-based equipment and services for the global freight and transit rail industries. The Company’s segments include the Freight Segment and the Transit Segment. The Freight Segment primarily manufactures and services components for new and existing freight cars and locomotives, builds new switcher locomotives, rebuilds freight locomotives, supplies railway electronics, positive train control equipment, signal design and engineering services, and provides related heat exchange and cooling systems.

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Institutional Ownership by Quarter for Westinghouse Air Brake Technologies Corporation (NYSE:WAB)

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