Hexavest Lowered Brookfield Asset Mgt (BAM) Stake; Motorcar Parts of America (MPAA) Shorts Increased By 1.85%

Brookfield Asset Management Inc. (NYSE:BAM) Logo

Hexavest Inc decreased Brookfield Asset Mgt (BAM) stake by 18.4% reported in 2017Q4 SEC filing. Hexavest Inc sold 123,106 shares as Brookfield Asset Mgt (BAM)’s stock declined 9.58%. The Hexavest Inc holds 545,946 shares with $23.84 million value, down from 669,052 last quarter. Brookfield Asset Mgt now has $38.09B valuation. The stock increased 0.92% or $0.36 during the last trading session, reaching $39.56. About 782,483 shares traded. Brookfield Asset Management Inc. (NYSE:BAM) has risen 7.96% since April 29, 2017 and is uptrending. It has underperformed by 3.59% the S&P500.

Motorcar Parts of America Inc (NASDAQ:MPAA) had an increase of 1.85% in short interest. MPAA’s SI was 2.32 million shares in April as released by FINRA. Its up 1.85% from 2.28M shares previously. With 138,600 avg volume, 17 days are for Motorcar Parts of America Inc (NASDAQ:MPAA)’s short sellers to cover MPAA’s short positions. The SI to Motorcar Parts of America Inc’s float is 13.65%. The stock increased 0.83% or $0.16 during the last trading session, reaching $19.4. About 70,884 shares traded. Motorcar Parts of America, Inc. (NASDAQ:MPAA) has declined 28.42% since April 29, 2017 and is downtrending. It has underperformed by 39.97% the S&P500.

Motorcar Parts of America, Inc. manufactures, remanufactures, and distributes automotive aftermarket parts. The company has market cap of $370.03 million. The firm offers rotating electrical products, including alternators and starters; wheel hub assemblies and bearings; brake master cylinders; and other products, such as turbochargers and brake power boosters for import and domestic cars, light trucks, heavy duty, agricultural, and industrial applications. It has a 22.27 P/E ratio. It sells its products to automotive retail chain stores and warehouse distributors; and the professional repair market, as well as various automobile manufacturers for their aftermarket programs and warranty replacement programs in North America.

Among 7 analysts covering Motorcar Parts of America (NASDAQ:MPAA), 7 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Motorcar Parts of America has $44 highest and $26.0 lowest target. $39.29’s average target is 102.53% above currents $19.4 stock price. Motorcar Parts of America had 16 analyst reports since August 11, 2015 according to SRatingsIntel. The firm has “Buy” rating by FBR Capital given on Friday, February 9. Roth Capital maintained Motorcar Parts of America, Inc. (NASDAQ:MPAA) on Monday, February 12 with “Buy” rating. The firm has “Buy” rating by B. Riley & Co given on Thursday, November 10. The rating was maintained by Roth Capital on Tuesday, June 13 with “Buy”. Roth Capital maintained Motorcar Parts of America, Inc. (NASDAQ:MPAA) on Friday, August 18 with “Buy” rating. The stock has “Neutral” rating by B. Riley & Co on Wednesday, August 10. On Monday, August 17 the stock rating was upgraded by Zacks to “Sell”. CL King initiated Motorcar Parts of America, Inc. (NASDAQ:MPAA) on Monday, March 14 with “Buy” rating. The stock has “Buy” rating by Sidoti on Wednesday, September 9. The stock of Motorcar Parts of America, Inc. (NASDAQ:MPAA) has “Buy” rating given on Tuesday, August 8 by Roth Capital.

Investors sentiment increased to 1.6 in Q4 2017. Its up 0.33, from 1.27 in 2017Q3. It is positive, as 11 investors sold Motorcar Parts of America, Inc. shares while 32 reduced holdings. 21 funds opened positions while 48 raised stakes. 19.76 million shares or 4.34% more from 18.94 million shares in 2017Q3 were reported. Rhumbline Advisers invested 0% of its portfolio in Motorcar Parts of America, Inc. (NASDAQ:MPAA). Gsa Cap Prtn Ltd Liability Partnership invested in 13,954 shares. Kennedy Capital Mngmt invested in 694,993 shares. Price T Rowe Assocs Md holds 23,450 shares. 252,597 were reported by Savings Bank Of Ny Mellon Corp. Miles reported 0.13% in Motorcar Parts of America, Inc. (NASDAQ:MPAA). Natl Investment Services Incorporated Wi, a Wisconsin-based fund reported 16,137 shares. Parthenon Limited Company holds 0.35% of its portfolio in Motorcar Parts of America, Inc. (NASDAQ:MPAA) for 61,874 shares. Prudential stated it has 0% of its portfolio in Motorcar Parts of America, Inc. (NASDAQ:MPAA). Assetmark invested 0% of its portfolio in Motorcar Parts of America, Inc. (NASDAQ:MPAA). Hbk Invs Lp invested in 0% or 9,600 shares. Mason Street Ltd stated it has 4,960 shares or 0% of all its holdings. Us Bancorporation De reported 0% stake. Foundry Limited Co reported 0.26% in Motorcar Parts of America, Inc. (NASDAQ:MPAA). Thompson Davis Inc has 0.01% invested in Motorcar Parts of America, Inc. (NASDAQ:MPAA).

Since February 12, 2018, it had 6 insider buys, and 0 selling transactions for $171,459 activity. 1,000 Motorcar Parts of America, Inc. (NASDAQ:MPAA) shares with value of $21,086 were bought by Mirvis Jeffrey P. 462 Motorcar Parts of America, Inc. (NASDAQ:MPAA) shares with value of $9,970 were bought by VARGO TIMOTHY D. Bryan David also bought $10,017 worth of Motorcar Parts of America, Inc. (NASDAQ:MPAA) on Monday, February 12. 400 shares were bought by Miller Duane Franklin, worth $9,636 on Wednesday, February 14. Another trade for 750 shares valued at $15,750 was bought by Ferguson Joseph Edwin. The insider SELWYN JOFFE bought $105,000.

Among 9 analysts covering Brookfield Asset Management Inc. (NYSE:BAM), 9 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Brookfield Asset Management Inc. has $65 highest and $36 lowest target. $45’s average target is 13.75% above currents $39.56 stock price. Brookfield Asset Management Inc. had 32 analyst reports since August 10, 2015 according to SRatingsIntel. BMO Capital Markets upgraded the shares of BAM in report on Wednesday, September 30 to “Outperform” rating. The rating was maintained by Citigroup with “Buy” on Friday, November 10. The stock of Brookfield Asset Management Inc. (NYSE:BAM) has “Buy” rating given on Monday, October 2 by Canaccord Genuity. The rating was initiated by Wood on Tuesday, May 24 with “Outperform”. The rating was maintained by RBC Capital Markets on Thursday, October 8 with “Outperform”. The firm earned “Buy” rating on Friday, February 16 by RBC Capital Markets. The stock has “Buy” rating by Citigroup on Thursday, January 19. The firm has “Buy” rating by Scotia Capital given on Friday, February 16. Scotia Capital maintained Brookfield Asset Management Inc. (NYSE:BAM) rating on Tuesday, March 27. Scotia Capital has “Buy” rating and $4900 target. The firm has “Top Pick” rating given on Monday, November 14 by RBC Capital Markets.

Hexavest Inc increased Cenovus Energy Prop (NYSE:CVE) stake by 4.41M shares to 10.05M valued at $92.10M in 2017Q4. It also upped Capital One Finl Co Prop (NYSE:COF) stake by 12,442 shares and now owns 558,038 shares. Firstenergy Corp Os;S En (NYSE:FE) was raised too.

Motorcar Parts of America, Inc. (NASDAQ:MPAA) Institutional Positions Chart