Aperio Group LLC grew its position in American Railcar Industries, Inc. (NASDAQ:ARII) by 25.8% during the 2nd quarter, Holdings Channel reports. The firm owned 18,540 shares of the transportation company’s stock after purchasing an additional 3,800 shares during the period. Aperio Group LLC’s holdings in American Railcar Industries were worth $732,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ARII. LSV Asset Management lifted its stake in shares of American Railcar Industries by 1.5% during the first quarter. LSV Asset Management now owns 460,519 shares of the transportation company’s stock worth $17,228,000 after buying an additional 6,600 shares during the period. Intrinsic Edge Capital Management LLC acquired a new stake in shares of American Railcar Industries during the first quarter worth $1,871,000. Schwab Charles Investment Management Inc. lifted its stake in shares of American Railcar Industries by 6.0% during the first quarter. Schwab Charles Investment Management Inc. now owns 32,977 shares of the transportation company’s stock worth $1,234,000 after buying an additional 1,853 shares during the period. Victory Capital Management Inc. lifted its stake in shares of American Railcar Industries by 29.2% during the first quarter. Victory Capital Management Inc. now owns 22,844 shares of the transportation company’s stock worth $855,000 after buying an additional 5,159 shares during the period. Finally, Cornerstone Wealth Management LLC acquired a new stake in shares of American Railcar Industries during the second quarter worth $509,000. 91.57% of the stock is currently owned by institutional investors and hedge funds.

ARII has been the subject of several research reports. Stifel Nicolaus set a $43.00 price objective on shares of American Railcar Industries and gave the stock a “hold” rating in a research note on Thursday, August 2nd. Zacks Investment Research upgraded shares of American Railcar Industries from a “sell” rating to a “hold” rating in a research note on Monday, August 6th. BidaskClub upgraded shares of American Railcar Industries from a “hold” rating to a “buy” rating in a research note on Saturday, July 7th. ValuEngine upgraded shares of American Railcar Industries from a “hold” rating to a “buy” rating in a research note on Tuesday, July 24th. Finally, TheStreet upgraded shares of American Railcar Industries from a “c+” rating to a “b” rating in a research note on Wednesday, July 25th. Four analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $42.75.

NASDAQ:ARII opened at $46.27 on Friday. American Railcar Industries, Inc. has a 12 month low of $34.30 and a 12 month high of $47.76. The company has a debt-to-equity ratio of 0.76, a current ratio of 3.30 and a quick ratio of 2.31. The firm has a market cap of $894.08 million, a PE ratio of 25.28 and a beta of 2.17.

American Railcar Industries (NASDAQ:ARII) last posted its quarterly earnings data on Wednesday, August 1st. The transportation company reported $0.48 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.63 by ($0.15). The company had revenue of $146.50 million for the quarter, compared to analyst estimates of $129.41 million. American Railcar Industries had a return on equity of 5.95% and a net margin of 27.70%. The company’s quarterly revenue was up 34.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.57 earnings per share. equities analysts predict that American Railcar Industries, Inc. will post 2.4 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 21st. Investors of record on Friday, September 7th will be given a dividend of $0.40 per share. The ex-dividend date is Thursday, September 6th. This represents a $1.60 dividend on an annualized basis and a yield of 3.46%. American Railcar Industries’s dividend payout ratio is presently 87.43%.

American Railcar Industries Company Profile

American Railcar Industries, Inc, together with its subsidiaries, designs and manufactures hopper and tank railcars in North America. It operates through three segments: Manufacturing, Railcar Leasing, and Railcar Services. The Manufacturing segment manufactures hopper railcars for shipping various dry bulk products, such as plastic pellets, as well as high-density products, including cement and sand; pressure tank railcars for transporting products comprising chlorine, anhydrous ammonia, liquid propane, and butane; and other types of railcars.

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

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