Nationwide Fund Advisors decreased its position in shares of American Railcar Industries, Inc. (NASDAQ:ARII) by 3.7% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 7,755 shares of the transportation company’s stock after selling 294 shares during the quarter. Nationwide Fund Advisors’ holdings in American Railcar Industries were worth $297,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of ARII. Swiss National Bank lifted its holdings in American Railcar Industries by 10.8% during the 1st quarter. Swiss National Bank now owns 14,400 shares of the transportation company’s stock worth $592,000 after buying an additional 1,400 shares in the last quarter. Parametric Portfolio Associates LLC lifted its holdings in American Railcar Industries by 1.1% during the 1st quarter. Parametric Portfolio Associates LLC now owns 21,261 shares of the transportation company’s stock worth $874,000 after buying an additional 233 shares in the last quarter. American International Group Inc. lifted its holdings in American Railcar Industries by 7.0% during the 1st quarter. American International Group Inc. now owns 4,772 shares of the transportation company’s stock worth $196,000 after buying an additional 314 shares in the last quarter. Wellington Management Group LLP lifted its holdings in American Railcar Industries by 0.3% during the 1st quarter. Wellington Management Group LLP now owns 17,215 shares of the transportation company’s stock worth $707,000 after buying an additional 57 shares in the last quarter. Finally, California Public Employees Retirement System lifted its holdings in American Railcar Industries by 0.6% during the 1st quarter. California Public Employees Retirement System now owns 68,400 shares of the transportation company’s stock worth $2,811,000 after buying an additional 400 shares in the last quarter. 94.03% of the stock is currently owned by hedge funds and other institutional investors.

American Railcar Industries, Inc. (NASDAQ ARII) opened at $37.77 on Friday. The company has a debt-to-equity ratio of 0.94, a current ratio of 3.06 and a quick ratio of 2.13. The firm has a market capitalization of $720.61, a price-to-earnings ratio of 13.53 and a beta of 2.43. American Railcar Industries, Inc. has a 12 month low of $34.29 and a 12 month high of $51.10.

American Railcar Industries (NASDAQ:ARII) last posted its quarterly earnings results on Tuesday, October 31st. The transportation company reported $0.46 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.57 by ($0.11). The company had revenue of $120.75 million during the quarter, compared to analyst estimates of $123.63 million. American Railcar Industries had a net margin of 10.28% and a return on equity of 9.66%. The business’s revenue for the quarter was down 16.7% compared to the same quarter last year. During the same period last year, the company earned $0.94 EPS. sell-side analysts forecast that American Railcar Industries, Inc. will post 2.07 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 22nd. Stockholders of record on Friday, December 8th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 4.24%. The ex-dividend date of this dividend is Thursday, December 7th. American Railcar Industries’s dividend payout ratio (DPR) is currently 58.39%.

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Several research analysts have issued reports on ARII shares. ValuEngine raised American Railcar Industries from a “hold” rating to a “buy” rating in a report on Monday, July 24th. BidaskClub downgraded American Railcar Industries from a “hold” rating to a “sell” rating in a report on Tuesday, July 25th. Stifel Nicolaus set a $32.00 price objective on American Railcar Industries and gave the stock a “hold” rating in a report on Wednesday, August 2nd. Zacks Investment Research downgraded American Railcar Industries from a “buy” rating to a “strong sell” rating in a report on Monday, August 7th. Finally, Cowen and Company reaffirmed a “buy” rating and set a $45.00 price objective on shares of American Railcar Industries in a report on Thursday, August 10th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company’s stock. American Railcar Industries has a consensus rating of “Hold” and an average price target of $39.33.

American Railcar Industries Company Profile

American Railcar Industries, Inc is a designer and manufacturer of hopper and tank railcars. The Company designs and manufactures railcars and a range of components for the North American railcar and industrial markets. It operates through three segments: manufacturing, railcar leasing and railcar services.

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Institutional Ownership by Quarter for American Railcar Industries (NASDAQ:ARII)

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