The Insider and CEO of Air T, Inc. (AIRT), Nicholas Swenson, Bought 4 Shares; John Hancock Preferred Income Fund (HPI) Sentiment Is 1.67

Sentiment for John Hancock Preferred Income Fund (HPI)

John Hancock Preferred Income Fund (HPI) investors sentiment increased to 1.67 in Q4 2017. It’s up 0.25, from 1.42 in 2017Q3. The ratio is more positive, as 25 funds increased and opened new holdings, while 15 cut down and sold their stock positions in John Hancock Preferred Income Fund. The funds in our database now possess: 1.20 million shares, down from 1.32 million shares in 2017Q3. Also, the number of funds holding John Hancock Preferred Income Fund in top ten holdings was flat from 1 to 1 for the same number . Sold All: 8 Reduced: 7 Increased: 12 New Position: 13.

Selway Asset Management holds 2.57% of its portfolio in John Hancock Preferred Income Fund for 203,625 shares. Tsp Capital Management Group Llc owns 66,795 shares or 0.65% of their US portfolio. Moreover, Mcrae Capital Management Inc has 0.16% invested in the company for 17,875 shares. The Michigan-based Monroe Bank & Trust Mi has invested 0.13% in the stock. Optimum Investment Advisors, a Illinois-based fund reported 12,300 shares.

The stock increased 0.20% or $0.04 during the last trading session, reaching $20.54. About 15,192 shares traded. John Hancock Preferred Income Fund (HPI) has declined 2.86% since April 11, 2017 and is downtrending. It has underperformed by 14.41% the S&P500.

Since January 3, 2018, it had 14 buys, and 2 sales for $303,233 activity. Swenson Nicholas John had bought 1,731 shares worth $43,320 on Wednesday, February 28. Reeves John A sold 401 shares worth $10,386.

Investors sentiment increased to 1.33 in Q4 2017. Its up 0.73, from 0.6 in 2017Q3. It increased, as 1 investors sold Air T, Inc. shares while 2 reduced holdings. 1 funds opened positions while 3 raised stakes. 558,147 shares or 1.55% more from 549,639 shares in 2017Q3 were reported. California Public Employees Retirement Systems has 0% invested in Air T, Inc. (NASDAQ:AIRT) for 63,200 shares. Morgan Stanley stated it has 0% of its portfolio in Air T, Inc. (NASDAQ:AIRT). Blackrock Inc invested 0% of its portfolio in Air T, Inc. (NASDAQ:AIRT). Bridgeway Capital Mngmt reported 0% in Air T, Inc. (NASDAQ:AIRT). Willingdon Wealth Management accumulated 38 shares. James Inv Rech holds 200 shares or 0% of its portfolio. Lsv Asset reported 17,600 shares. Renaissance Techs stated it has 145,300 shares or 0% of all its holdings. Fmr Lc holds 231,314 shares or 0% of its portfolio. Vanguard Gru Incorporated has invested 0% in Air T, Inc. (NASDAQ:AIRT). Wells Fargo Comm Mn holds 0% of its portfolio in Air T, Inc. (NASDAQ:AIRT) for 46,321 shares.

Nicholas Swenson, an insider of Air T Inc, currently CEO lately disclosed a substantial trade with the SEC. As exposed in the legal report, Nicholas Swenson purchased 4 shares of the public company, priced at $24.9 per share . $99 U.S Dollars was the trade’s value. The SEC filing’s date was 11-04-2018. This is not his first insider trade, in the last 30 days, he obtained another 64,873 shares worth $1.61 million USD. This deal was pretty sizable one, so clearly it won’t go unseen. Presently, Nicholas Swenson owns a total of 799,206 shares or 39.12% of Air T Inc’s market capitalization (total value of the shares outstanding).

Air T, Inc., together with its subsidiaries, provides overnight air cargo, ground equipment sale, and ground support services in the United States and internationally. The company has market cap of $51.17 million. The company??s Overnight Air Cargo segment offers air express delivery services. It has a 53.87 P/E ratio. As of March 31, 2017, this segment had 80 aircrafts under the dry-lease agreements with FedEx.