Gamco Investors INC. ET AL Takes Position in American Railcar Industries, Inc. (ARII)

Gamco Investors INC. ET AL acquired a new position in shares of American Railcar Industries, Inc. (NASDAQ:ARII) in the 4th quarter, Holdings Channel reports. The firm acquired 5,000 shares of the transportation company’s stock, valued at approximately $208,000.

A number of other large investors have also recently bought and sold shares of ARII. Northern Trust Corp increased its stake in American Railcar Industries by 82.8% during the 2nd quarter. Northern Trust Corp now owns 290,305 shares of the transportation company’s stock worth $11,119,000 after buying an additional 131,503 shares in the last quarter. Shell Asset Management Co. purchased a new stake in American Railcar Industries during the 3rd quarter worth approximately $2,793,000. AMG National Trust Bank purchased a new stake in American Railcar Industries during the 3rd quarter worth approximately $752,000. JPMorgan Chase & Co. increased its stake in American Railcar Industries by 1,138.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 10,851 shares of the transportation company’s stock worth $426,000 after buying an additional 9,975 shares in the last quarter. Finally, State Street Corp increased its stake in American Railcar Industries by 5.2% during the 2nd quarter. State Street Corp now owns 198,606 shares of the transportation company’s stock worth $7,605,000 after buying an additional 9,811 shares in the last quarter. Institutional investors own 94.75% of the company’s stock.

Several equities research analysts have commented on the company. Stifel Nicolaus set a $35.00 price objective on American Railcar Industries and gave the stock a “hold” rating in a research note on Friday, February 9th. Zacks Investment Research upgraded American Railcar Industries from a “hold” rating to a “buy” rating and set a $40.00 price objective for the company in a research note on Friday, February 9th. BidaskClub lowered American Railcar Industries from a “sell” rating to a “strong sell” rating in a research note on Friday, February 2nd. Seaport Global Securities assumed coverage on American Railcar Industries in a research note on Thursday, January 4th. They set a “neutral” rating for the company. Finally, Cowen reiterated a “buy” rating and set a $44.00 price objective on shares of American Railcar Industries in a research note on Wednesday, November 1st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company. American Railcar Industries has an average rating of “Hold” and an average price target of $39.50.

American Railcar Industries, Inc. (NASDAQ ARII) opened at $37.71 on Thursday. The firm has a market capitalization of $723.85, a P/E ratio of 13.60 and a beta of 2.13. American Railcar Industries, Inc. has a twelve month low of $34.29 and a twelve month high of $49.33. The company has a current ratio of 3.06, a quick ratio of 2.13 and a debt-to-equity ratio of 0.94.

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American Railcar Industries Company 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.

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

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