Shares of WABCO Holdings Inc. (NYSE:WBC) have earned an average rating of “Hold” from the fifteen brokerages that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, twelve have assigned a hold recommendation and one has issued a buy recommendation on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $135.91.

Separately, ValuEngine lowered shares of WABCO from a “hold” rating to a “sell” rating in a research report on Tuesday, October 15th.

In other WABCO news, insider Nicolas Bardot sold 750 shares of WABCO stock in a transaction on Monday, August 5th. The shares were sold at an average price of $132.00, for a total transaction of $99,000.00. Following the sale, the insider now owns 3,053 shares in the company, valued at $402,996. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.58% of the stock is owned by insiders.

Several hedge funds have recently made changes to their positions in WBC. Marshall Wace LLP acquired a new position in shares of WABCO in the first quarter valued at approximately $3,740,000. Clearbridge Investments LLC increased its position in WABCO by 1.7% during the first quarter. Clearbridge Investments LLC now owns 805,176 shares of the auto parts company’s stock worth $106,146,000 after purchasing an additional 13,654 shares during the last quarter. ZWJ Investment Counsel Inc. increased its position in WABCO by 4.0% during the first quarter. ZWJ Investment Counsel Inc. now owns 111,737 shares of the auto parts company’s stock worth $14,730,000 after purchasing an additional 4,264 shares during the last quarter. GYL Financial Synergies LLC acquired a new position in WABCO during the first quarter worth approximately $357,000. Finally, Nordea Investment Management AB increased its position in WABCO by 83.8% during the first quarter. Nordea Investment Management AB now owns 3,116 shares of the auto parts company’s stock worth $411,000 after purchasing an additional 1,421 shares during the last quarter. 93.23% of the stock is owned by institutional investors.

WBC stock traded up $0.04 on Tuesday, reaching $135.04. 222,140 shares of the company were exchanged, compared to its average volume of 428,270. WABCO has a 12 month low of $98.90 and a 12 month high of $146.68. The stock’s fifty day moving average price is $134.15 and its 200 day moving average price is $132.62. The firm has a market capitalization of $6.92 billion, a PE ratio of 17.16 and a beta of 1.35. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.98 and a quick ratio of 2.49.

WABCO (NYSE:WBC) last announced its earnings results on Friday, July 19th. The auto parts company reported $1.38 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.97 by ($0.59). WABCO had a return on equity of 27.31% and a net margin of 9.36%. The company had revenue of $912.80 million for the quarter, compared to the consensus estimate of $983.88 million. As a group, research analysts expect that WABCO will post 7.41 EPS for the current fiscal year.

About WABCO

WABCO Holdings Inc, together with its subsidiaries, supplies electronic, mechanical, electro-mechanical, and aerodynamic products worldwide. The company engineers, develops, manufactures, and sells braking, stability, suspension, steering, transmission automation, and air management systems primarily for commercial vehicles.

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Analyst Recommendations for WABCO (NYSE:WBC)

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