Equitec Proprietary Markets Has Cut Intrexon (XON) Stake By $1.83 Million, Kirby (KEX) Has 0.77 Sentiment

June 19, 2017 - By Michael Collier

Equitec Proprietary Markets Llc decreased Intrexon Corp (XON) stake by 67.81% reported in 2016Q4 SEC filing. Equitec Proprietary Markets Llc sold 76,427 shares as Intrexon Corp (XON)’s stock rose 0.26%. The Equitec Proprietary Markets Llc holds 36,273 shares with $881,000 value, down from 112,700 last quarter. Intrexon Corp now has $2.67 billion valuation. The stock decreased 1.18% or $0.27 on June 16, reaching $22.56. About shares traded. Intrexon Corp (NYSE:XON) has declined 10.60% since June 19, 2016 and is downtrending. It has underperformed by 27.30% the S&P500.

Kirby Corporation is a domestic tank barge operator, transporting bulk liquid products throughout the Mississippi River System, on the Gulf Intracoastal Waterway, coastwise along all three United States coasts and in Alaska and Hawaii. The company has market cap of $3.48 billion. The Company, through its subsidiaries, operates in two divisions: Marine Transportation and Diesel Engine Services. It has a 26.53 P/E ratio. The Company, through its Marine Transportation segment, is a well-known provider of marine transportation services, operating tank barges and towing vessels transporting bulk liquid products throughout the Mississippi River System, on the Gulf Intracoastal Waterway, coastwise along all three United States coasts and in Alaska and Hawaii.

Ratings analysis reveals 25% of Kirby’s analysts are positive. Out of 4 Wall Street analysts rating Kirby, 1 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $54.0 while the high is $68.0. The stock’s average target of $59 is -8.31% below today’s ($64.35) share price. KEX was included in 4 notes of analysts from September 20, 2016. The firm earned “Neutral” rating on Thursday, November 10 by Seaport Global Securities. Stifel Nicolaus maintained the stock with “Hold” rating in Wednesday, September 28 report. Wells Fargo upgraded the stock to “Market Perform” rating in Friday, February 3 report. The firm has “Outperform” rating given on Tuesday, September 20 by RBC Capital Markets.

Analysts await Kirby Corporation (NYSE:KEX) to report earnings on July, 26. They expect $0.49 EPS, down 31.94% or $0.23 from last year’s $0.72 per share. KEX’s profit will be $26.50 million for 32.83 P/E if the $0.49 EPS becomes a reality. After $0.51 actual EPS reported by Kirby Corporation for the previous quarter, Wall Street now forecasts -3.92% negative EPS growth.

Washington Capital Management Inc holds 2.85% of its portfolio in Kirby Corporation for 34,810 shares. Pacific Global Investment Management Co owns 139,402 shares or 1.88% of their US portfolio. Moreover, Atlanta Capital Management Co L L C has 1.74% invested in the company for 4.10 million shares. The Pennsylvania-based S&T Bank Pa has invested 1.64% in the stock. Arrowpoint Asset Management Llc, a Colorado-based fund reported 1.26 million shares.

It closed at $64.35 lastly. It is down 0.86% since June 19, 2016 and is downtrending. It has underperformed by 17.56% the S&P500.

Since January 1, 0001, it had 0 insider buys, and 8 sales for $1.63 million activity.

Among 7 analysts covering Intrexon (NYSE:XON), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Intrexon had 12 analyst reports since July 27, 2015 according to SRatingsIntel. On Wednesday, April 5 the stock rating was maintained by Stifel Nicolaus with “Buy”. The firm has “Outperform” rating given on Thursday, December 29 by Northland Capital. Mizuho maintained Intrexon Corp (NYSE:XON) on Monday, January 25 with “Neutral” rating. Mizuho upgraded it to “Neutral” rating and $42 target in Wednesday, November 11 report. The rating was downgraded by Mizuho on Tuesday, August 11 to “Underperform”. Wunderlich maintained the shares of XON in report on Tuesday, August 11 with “Buy” rating. The firm earned “Buy” rating on Monday, September 21 by Stifel Nicolaus. The stock of Intrexon Corp (NYSE:XON) earned “Buy” rating by Wunderlich on Monday, October 19. The firm has “Neutral” rating by Bank of America given on Wednesday, October 14. On Tuesday, May 3 the stock rating was initiated by JMP Securities with “Market Outperform”.

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