Victory Capital Management Inc. Sells 28,994 Shares of WABCO Holdings Inc. (WBC)
Victory Capital Management Inc. decreased its position in WABCO Holdings Inc. (NYSE:WBC) by 6.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 442,056 shares of the auto parts company’s stock after selling 28,994 shares during the period. Victory Capital Management Inc.’s holdings in WABCO were worth $63,435,000 as of its most recent filing with the SEC.
Other hedge funds have also recently bought and sold shares of the company. Cerebellum GP LLC bought a new position in WABCO in the fourth quarter valued at about $129,000. Zions Bancorporation bought a new position in WABCO in the third quarter valued at about $179,000. Brown Advisory Inc. bought a new position in WABCO in the third quarter valued at about $202,000. Cadence Capital Management LLC bought a new position in WABCO in the third quarter valued at about $207,000. Finally, IFM Investors Pty Ltd bought a new position in WABCO in the fourth quarter valued at about $213,000. 95.63% of the stock is currently owned by institutional investors.
WABCO Holdings Inc. (NYSE:WBC) opened at $146.11 on Tuesday. The company has a debt-to-equity ratio of 0.99, a current ratio of 3.00 and a quick ratio of 2.60. WABCO Holdings Inc. has a 12 month low of $110.52 and a 12 month high of $162.20. The company has a market capitalization of $7,840.00, a PE ratio of 26.42, a PEG ratio of 1.33 and a beta of 1.76.
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WABCO Holdings Inc is a supplier of electronic, mechanical, electro-mechanical and aerodynamic products for various manufacturers of commercial trucks, buses and trailers, as well as passenger cars. The Company engineers, develops, manufactures and sells braking, stability, suspension and transmission automation and air management systems primarily for commercial vehicles.
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