Davis Selected Advisers Lowered Its Encana (ECA) Holding; Ryder System, Inc. (R) Had 7 Analysts Last Week

January 13, 2018 - By Adrian Mccoy

Davis Selected Advisers decreased Encana Corporation (ECA) stake by 3.36% reported in 2017Q3 SEC filing. Davis Selected Advisers sold 2.27M shares as Encana Corporation (ECA)’s stock declined 8.34%. The Davis Selected Advisers holds 65.30 million shares with $769.22 million value, down from 67.57 million last quarter. Encana Corporation now has $13.40B valuation. The stock decreased 0.43% or $0.06 during the last trading session, reaching $13.98. About 9.02M shares traded. Encana Corporation (NYSE:ECA) has risen 50.13% since January 13, 2017 and is uptrending. It has outperformed by 33.43% the S&P500.

Among 11 analysts covering Ryder System Inc. (NYSE:R), 7 have Buy rating, 0 Sell and 4 Hold. Therefore 64% are positive. Ryder System Inc. had 25 analyst reports since August 28, 2015 according to SRatingsIntel. The rating was downgraded by Stifel Nicolaus to “Hold” on Tuesday, November 15. The rating was upgraded by Raymond James on Friday, August 28 to “Strong Buy”. Stifel Nicolaus maintained the shares of R in report on Monday, September 4 with “Hold” rating. The company was maintained on Thursday, October 12 by JP Morgan. KeyBanc Capital Markets downgraded the stock to “Sector Weight” rating in Wednesday, September 9 report. The stock has “Buy” rating by Buckingham Research on Wednesday, October 25. The firm earned “Buy” rating on Monday, October 2 by Robert W. Baird. S&P Research maintained the shares of R in report on Wednesday, October 14 with “Buy” rating. On Thursday, September 14 the stock rating was upgraded by KeyBanc Capital Markets to “Overweight”. The rating was maintained by KeyBanc Capital Markets with “Buy” on Tuesday, October 24. See Ryder System, Inc. (NYSE:R) latest ratings:

03/11/2017 Broker: Robert W. Baird Rating: Buy New Target: $98.0 Maintain
25/10/2017 Broker: Buckingham Research Rating: Buy Old Target: $92 New Target: $93 Maintain
24/10/2017 Broker: KeyBanc Capital Markets Rating: Buy New Target: $100.0 Maintain
12/10/2017 Broker: JP Morgan Rating: Neutral Old Target: $69 New Target: $82 Maintain
02/10/2017 Broker: Robert W. Baird Rating: Buy New Target: $98.0 Maintain
14/09/2017 Broker: KeyBanc Capital Markets Old Rating: Sector Weight New Rating: Overweight Upgrade
04/09/2017 Broker: Stifel Nicolaus Rating: Hold New Target: $68.0 Maintain
21/08/2017 Broker: Buckingham Research Rating: Buy New Target: $85 Initiates Coverage On

Investors sentiment increased to 1.02 in 2017 Q3. Its up 0.23, from 0.79 in 2017Q2. It increased, as 36 investors sold Ryder System, Inc. shares while 88 reduced holdings. 48 funds opened positions while 78 raised stakes. 46.48 million shares or 0.89% more from 46.07 million shares in 2017Q2 were reported. Eads Heald Counsel reported 18,578 shares. Community Savings Bank Of Raymore invested in 3.17% or 105,215 shares. Nj State Employees Deferred Compensation Plan holds 4,000 shares or 0.06% of its portfolio. Bokf Na reported 8,557 shares stake. Cambridge Fin Group Inc Inc holds 3.62% or 81,917 shares. State Board Of Administration Of Florida Retirement reported 59,090 shares. Kames Cap Public Limited Company owns 195,253 shares. Capstone Investment Advsrs Lc owns 2,800 shares. Monarch Asset Mngmt Ltd Limited Liability Company accumulated 183,085 shares. Automobile Association holds 0.02% or 62,600 shares. 5,710 were accumulated by Profund Advisors Lc. Vanguard Gp accumulated 5.04M shares or 0.02% of the stock. Farmers And Merchants Invs has 0.01% invested in Ryder System, Inc. (NYSE:R) for 1,620 shares. State Of Wisconsin Board owns 11,194 shares. Envestnet Asset stated it has 8,618 shares.

Ryder System, Inc. provides transportation and supply chain management solutions to small businesses and large enterprises worldwide. The company has market cap of $4.76 billion. The firm operates through three divisions: Fleet Management Solutions, Dedicated Transportation Solutions, and Supply Chain Solutions. It has a 24.47 P/E ratio. It offers fleet management solutions, including vehicles, as well as maintenance services, supplies, and related equipment for operation of the vehicles; commercial vehicle rental services; contract maintenance services; and contract-related maintenance services for trucks, tractors, and trailers.

The stock increased 0.58% or $0.52 during the last trading session, reaching $89.82. About 351,178 shares traded. Ryder System, Inc. (NYSE:R) has declined 4.77% since January 13, 2017 and is downtrending. It has underperformed by 21.47% the S&P500.

Since July 31, 2017, it had 0 insider buys, and 3 insider sales for $2.93 million activity. Cooke Dennis C sold 9,650 shares worth $702,053. $1.90M worth of Ryder System, Inc. (NYSE:R) was sold by SANCHEZ ROBERT E. 4,502 shares were sold by Sensing John S., worth $328,695.

Among 28 analysts covering Encana Corporation (NYSE:ECA), 21 have Buy rating, 2 Sell and 5 Hold. Therefore 75% are positive. Encana Corporation had 114 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Encana Corporation (NYSE:ECA) earned “Underperform” rating by Macquarie Research on Thursday, June 23. BMO Capital Markets maintained the shares of ECA in report on Wednesday, September 27 with “Buy” rating. On Wednesday, August 16 the stock rating was maintained by Canaccord Genuity with “Buy”. The firm earned “Buy” rating on Thursday, March 23 by UBS. The stock has “Overweight” rating by Barclays Capital on Monday, November 20. TD Securities maintained Encana Corporation (NYSE:ECA) on Tuesday, June 13 with “Hold” rating. The stock has “Equal-Weight” rating by Morgan Stanley on Thursday, October 19. Jefferies maintained Encana Corporation (NYSE:ECA) rating on Wednesday, July 19. Jefferies has “Buy” rating and $1400 target. On Friday, April 15 the stock rating was downgraded by Evercore to “Hold”. The rating was maintained by RBC Capital Markets on Monday, July 27 with “Sector Perform”.

Analysts await Encana Corporation (NYSE:ECA) to report earnings on February, 15. They expect $0.11 EPS, up 22.22% or $0.02 from last year’s $0.09 per share. ECA’s profit will be $105.43M for 31.77 P/E if the $0.11 EPS becomes a reality. After $0.02 actual EPS reported by Encana Corporation for the previous quarter, Wall Street now forecasts 450.00% EPS growth.

Davis Selected Advisers increased Capital One Financial Corp. (NYSE:COF) stake by 3.52 million shares to 11.58M valued at $980.15M in 2017Q3. It also upped Wells Fargo & Co. (NYSE:WFC) stake by 368,667 shares and now owns 26.34 million shares. Ventas Inc. (NYSE:VTR) was raised too.

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