WABCO Holdings Inc. (NYSE:WBC) insider Nicolas Bardot sold 371 shares of the company’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $134.87, for a total value of $50,036.77. Following the completion of the transaction, the insider now directly owns 2,682 shares in the company, valued at $361,721.34. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
WABCO stock traded down $0.06 during midday trading on Wednesday, hitting $134.72. The stock had a trading volume of 2,869 shares, compared to its average volume of 556,614. The business has a fifty day moving average price of $134.76 and a 200 day moving average price of $133.08. WABCO Holdings Inc. has a 12 month low of $98.90 and a 12 month high of $146.68. The stock has a market cap of $6.91 billion, a P/E ratio of 17.12 and a beta of 1.31. The company has a current ratio of 3.01, a quick ratio of 2.48 and a debt-to-equity ratio of 0.61.
WABCO (NYSE:WBC) last released its earnings results on Wednesday, November 6th. The auto parts company reported $1.13 EPS for the quarter, missing analysts’ consensus estimates of $1.75 by ($0.62). The firm had revenue of $798.40 million for the quarter, compared to the consensus estimate of $798.40 million. WABCO had a return on equity of 23.60% and a net margin of 9.20%. On average, equities analysts anticipate that WABCO Holdings Inc. will post 7.31 EPS for the current fiscal year.
Separately, ValuEngine raised shares of WABCO from a “sell” rating to a “hold” rating in a research report on Monday, November 11th. Thirteen research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $137.08.
Several hedge funds and other institutional investors have recently modified their holdings of the company. Charles Schwab Investment Management Inc. boosted its holdings in WABCO by 3.0% in the second quarter. Charles Schwab Investment Management Inc. now owns 246,280 shares of the auto parts company’s stock worth $32,657,000 after purchasing an additional 7,219 shares during the period. World Asset Management Inc lifted its position in shares of WABCO by 3.7% in the 3rd quarter. World Asset Management Inc now owns 2,239 shares of the auto parts company’s stock worth $299,000 after buying an additional 79 shares during the last quarter. Unigestion Holding SA boosted its holdings in shares of WABCO by 47.8% in the 3rd quarter. Unigestion Holding SA now owns 7,512 shares of the auto parts company’s stock valued at $1,005,000 after buying an additional 2,429 shares during the period. IFM Investors Pty Ltd boosted its holdings in shares of WABCO by 99.3% in the 3rd quarter. IFM Investors Pty Ltd now owns 6,123 shares of the auto parts company’s stock valued at $819,000 after buying an additional 3,051 shares during the period. Finally, Public Employees Retirement System of Ohio boosted its holdings in shares of WABCO by 43.6% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 69,048 shares of the auto parts company’s stock valued at $9,156,000 after buying an additional 20,962 shares during the period. Institutional investors and hedge funds own 94.11% of the company’s stock.
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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