Uniplan Investment Counsel Inc. trimmed its position in shares of FreightCar America, Inc. (NASDAQ:RAIL) by 3.6% during the fourth quarter, HoldingsChannel reports. The firm owned 170,989 shares of the transportation company’s stock after selling 6,330 shares during the quarter. Uniplan Investment Counsel Inc.’s holdings in FreightCar America were worth $1,143,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in RAIL. Dimensional Fund Advisors LP raised its holdings in shares of FreightCar America by 1.2% during the third quarter. Dimensional Fund Advisors LP now owns 1,048,365 shares of the transportation company’s stock worth $16,847,000 after acquiring an additional 12,098 shares during the period. Vanguard Group Inc raised its holdings in shares of FreightCar America by 6.5% during the third quarter. Vanguard Group Inc now owns 606,549 shares of the transportation company’s stock worth $9,748,000 after acquiring an additional 36,929 shares during the period. Royce & Associates LP raised its holdings in shares of FreightCar America by 13.7% during the fourth quarter. Royce & Associates LP now owns 1,554,096 shares of the transportation company’s stock worth $10,397,000 after acquiring an additional 187,186 shares during the period. Fuller & Thaler Asset Management Inc. raised its holdings in shares of FreightCar America by 718.1% during the third quarter. Fuller & Thaler Asset Management Inc. now owns 109,260 shares of the transportation company’s stock worth $1,756,000 after acquiring an additional 95,905 shares during the period. Finally, Vanguard Group Inc. raised its holdings in shares of FreightCar America by 6.5% during the third quarter. Vanguard Group Inc. now owns 606,549 shares of the transportation company’s stock worth $9,748,000 after acquiring an additional 36,929 shares during the period. 88.91% of the stock is currently owned by institutional investors.

Shares of RAIL stock opened at $7.15 on Friday. FreightCar America, Inc. has a 1 year low of $6.49 and a 1 year high of $20.14. The firm has a market capitalization of $90.10 million, a price-to-earnings ratio of -4.02 and a beta of 1.53.

RAIL has been the topic of a number of research analyst reports. Zacks Investment Research upgraded shares of FreightCar America from a “sell” rating to a “hold” rating in a report on Tuesday, February 5th. ValuEngine lowered shares of FreightCar America from a “hold” rating to a “sell” rating in a research note on Wednesday, January 2nd. Two investment analysts have rated the stock with a sell rating and four have issued a hold rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $19.00.

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FreightCar America Company Profile

FreightCar America, Inc, through its subsidiaries, designs, manufactures, and sells railcars for the transportation of bulk commodities and containerized freight products primarily in North America. The company offers a range of freight cars, including open top hoppers, covered hoppers, and gondolas; intermodal flats, such as well cars; and non-intermodal flat cars comprising slab, hot slab, ribbon rail, and bulkhead flats.

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Want to see what other hedge funds are holding RAIL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for FreightCar America, Inc. (NASDAQ:RAIL).

Institutional Ownership by Quarter for FreightCar America (NASDAQ:RAIL)

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