TIAA CREF Investment Management LLC lessened its stake in shares of American Railcar Industries, Inc. (NASDAQ:ARII) by 0.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 20,146 shares of the transportation company’s stock after selling 141 shares during the period. TIAA CREF Investment Management LLC owned 0.11% of American Railcar Industries worth $772,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in ARII. Kennedy Capital Management Inc. bought a new stake in American Railcar Industries during the second quarter valued at about $3,064,000. Vanguard Group Inc. grew its holdings in American Railcar Industries by 2.2% during the first quarter. Vanguard Group Inc. now owns 1,097,456 shares of the transportation company’s stock valued at $45,106,000 after purchasing an additional 23,340 shares during the period. HighTower Advisors LLC bought a new stake in American Railcar Industries during the first quarter valued at about $243,000. LSV Asset Management grew its holdings in American Railcar Industries by 0.9% during the second quarter. LSV Asset Management now owns 461,619 shares of the transportation company’s stock valued at $17,680,000 after purchasing an additional 3,900 shares during the period. Finally, Aperio Group LLC grew its holdings in American Railcar Industries by 32.0% during the second quarter. Aperio Group LLC now owns 14,682 shares of the transportation company’s stock valued at $562,000 after purchasing an additional 3,559 shares during the period. 94.18% of the stock is owned by institutional investors and hedge funds.

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Several equities analysts have recently commented on ARII shares. ValuEngine upgraded American Railcar Industries from a “hold” rating to a “buy” rating in a research report on Tuesday, September 12th. Zacks Investment Research upgraded American Railcar Industries from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 17th. Cowen and Company restated a “buy” rating and issued a $44.00 price objective on shares of American Railcar Industries in a research report on Wednesday, November 1st. Stifel Nicolaus set a $32.00 price objective on American Railcar Industries and gave the company a “hold” rating in a research report on Wednesday, August 2nd. Finally, BidaskClub downgraded American Railcar Industries from a “hold” rating to a “sell” rating in a research report on Tuesday, August 15th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $39.33.

American Railcar Industries, Inc. (NASDAQ:ARII) opened at $37.44 on Tuesday. American Railcar Industries, Inc. has a 52-week low of $34.29 and a 52-week high of $51.10. The company has a market capitalization of $720.80, a PE ratio of 13.54 and a beta of 2.43. The company has a debt-to-equity ratio of 0.94, a current ratio of 3.06 and a quick ratio of 2.13.

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

The company also recently announced a quarterly dividend, which will be paid on Friday, December 22nd. Investors of record on Friday, December 8th will be given a $0.40 dividend. The ex-dividend date is Thursday, December 7th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 4.27%. American Railcar Industries’s dividend payout ratio is currently 58.39%.

American Railcar Industries 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.

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

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