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Will Wells Fargo Upgrade to Market Perform from Underperform Be a Tailwind For Matson (MATX) Stock Today?

Wells Fargo Analyst Rating Change Matson MATX

Matson (MATX) Rating Improved

Wells Fargo gave Matson (MATX) shares a new Market Perform rating in a note issued on 29 January. This is raise from the last Underperform rating.

Despite this rating upgrade MATX is right now trading 0.00% lower at $0.00 as of 8:06 AM New York time. Matson’s stock is 0% in the last 200 days. It has underperformed the S&P500, which has increased 6.00% in the same time period.

MATX Stock Chart

Institutional Ownership

Hawk Ridge Capital Management Lp had the biggest stake with ownership of 177,893 shares as of Q2 2015 for 3.82% of the equity exposure. Fuller & Thaler Asset Management Inc. is another bullish fund who is possessing 2.65 million shares of Matson or 1.75% of their equity exposure. Further, Reliance Trust Co Of Delaware have 1.41% of their equity exposure invested in the company for 230,309 shares. The California-based fund Rice Hall James & Associates Llc revealed it had acquired so far a stake worth about 1.16% of the fund’s stock portfolio in Matson. The Maryland-based fund Investment Counselors Of Maryland Llc is also positive about the stock, possessing 553,977 shares or 1.12% of their equity exposure.

Matson (MATX) closed at $0 yesterday. A total of shares of the company’s stock traded hands. This is down from average of shares. Matson has a 52 week low of $0.00 and a 52 week high of $0. The company has a market cap of $ and a P/E ratio of 0.

Get the latest Matson (MATX) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

The post Will Wells Fargo Upgrade to Market Perform from Underperform Be a Tailwind For Matson (MATX) Stock Today? appeared first on Octafinance.



This post first appeared on Octafinance – Financial News, Reports And Intell, please read the originial post: here

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Will Wells Fargo Upgrade to Market Perform from Underperform Be a Tailwind For Matson (MATX) Stock Today?

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