Paccar INC (PCAR) Shares Declined While Meag Munich Ergo Kapitalanlagegesellschaft Mbh Increased Stake by $5.37 Million

PACCAR Inc (NASDAQ:PCAR) Corporate LogoDuring 2018 Q3 the big money sentiment increased to 1.16. That’s change of 0.18, from 2018Q2’s 0.98. 39 investors sold all, 162 reduced holdings as PCAR ratio improved. 152 rose holdings while 81 funds amassed holdings. Funds hold 202.64 million shares thus 1.95% less from 2018Q2’s 206.66 million shares. Deutsche Financial Bank Ag invested 0.07% in PACCAR Inc (NASDAQ:PCAR). Prudential Public Ltd Co accumulated 11,758 shs. Perkins Coie Trust Company invested in 2,282 shs. Meiji Yasuda Asset Management Limited stated it has 11,195 shs. Covington Cap Mngmt invested in 7,185 shs or 0.03% of the stock. First Washington reported 159,928 shs. Dimensional Fund Advsr LP reported 0.07% in PACCAR Inc (NASDAQ:PCAR). Pennsylvania-based Federated Investors Pa has invested 0.14% in PACCAR Inc (NASDAQ:PCAR). State Of New Jersey Common Pension Fund D has 0.11% invested in PACCAR Inc (NASDAQ:PCAR) for 450,000 shs. Usca Ria Limited Liability Company has 16,545 shs for 0.11% of their capital. Goldman Sachs Grp reported 0.03% stake. Moreover, Raymond James And Assocs has 0.02% invested in PACCAR Inc (NASDAQ:PCAR) for 160,061 shs. Rhumbline Advisers has invested 0.08% in PACCAR Inc (NASDAQ:PCAR). Evanston Invs Inc Dba Evanston Advsrs owns 122,486 shs. 49,922 were reported by Pnc Fin Services Grp Incorporated Incorporated.

PCAR had 2 selling transactions and 0 insider buys since November 7, 2018. This’s net activity of $11.45 million. On Wednesday, November 7 DANFORTH DAVID J also sold $38,698 worth of PACCAR Inc (NASDAQ:PCAR).

In 2018Q3 SEC form is reported Meag Munich Ergo Kapitalanlagegesellschaft Mbh’s stake in Paccar Inc (PCAR) which was rose by 142.4%. 78,992 shares were bought by Meag Munich Ergo Kapitalanlagegesellschaft Mbh as the company’s stock declined 17.75% with the market. The auto manufacturing company at the end of 2018Q3 was priced at $9.24M. It’s up from 55,470 at the end of the previous reported quarter. Now it had 134,462 shares held by the institutional investor . Paccar Inc has $20.57B MC. The stock decreased 0.96% or $0.57 during the last trading session, reaching $58.87.Currently PACCAR Inc is downtrending after 16.37% change in last January 14, 2018. PCAR has also 51,331 shares volume. PCAR underperformed by 16.37% the S&P 500.

About $1.69 billion US Long portfolio Meag Munich Ergo Kapitalanlagegesellschaft Mbh manages. Its stake in Alphabet Inc was decreased by 3,003 shares to 13,826 shares valued at $16.43M in 2018Q3, according to the filing. Meag Munich Ergo Kapitalanlagegesellschaft Mbh has cut its stake in American Express Co (NYSE:AXP) and also reduced its holding in Exxon Mobil Corp. O.N. (NYSE:XOM) by 41,738 shares in the quarter, for a total of 205,964 shares.

For more PACCAR Inc (NASDAQ:PCAR) news brought out briefly go to: Nasdaq.com, Seekingalpha.com, Nasdaq.com, Nasdaq.com or Businesswire.com. The titles are as follows: “Paccar (PCAR) Beats Q3 Earnings Estimates – Nasdaq” brought out on October 23, 2018, “PACCAR declares $0.32 dividend – Seeking Alpha” on December 04, 2018, “Are Investors Undervaluing Paccar (PCAR) Right Now? – Nasdaq” with a publish date: December 03, 2018, “Should Value Investors Pick PACCAR Inc (PCAR) Stock? – Nasdaq” and the last “PACCAR Displays Innovative Electric and Hydrogen Fuel Cell Trucks at CES 2019 – Business Wire” with publication date: January 08, 2019.

PACCAR Inc (NASDAQ:PCAR) Ratings Coverage

A total of 9 analysts rate PACCAR (NASDAQ:PCAR) as follows: 1 “Buy”, 5 “Hold” and 3 “Sell”. Š¢herefore 11% are bullish. (NASDAQ:PCAR) has 12 ratings reports on 14 Jan 2019 according to StockzIntelligence. In Wednesday, October 24 report Citigroup maintained it with “Neutral” rating and $62 target. On Wednesday, July 25 Citigroup maintained the shares of PCAR in report with “Neutral” rating. On Wednesday, October 24 the company was maintained by JP Morgan. On Wednesday, July 25 the company was maintained by Robert W. Baird. On Wednesday, July 25 the firm has “Underweight” rating by Morgan Stanley given. The company rating was downgraded by Argus Research on Wednesday, October 24. On Wednesday, July 18 the firm has “Market Perform” rating given by BMO Capital Markets. In Wednesday, July 25 report Credit Suisse maintained it with “Neutral” rating and $69 target. On Thursday, January 10 the stock of PACCAR Inc (NASDAQ:PCAR) has “Underweight” rating given by JP Morgan. The company rating was maintained by Credit Suisse on Wednesday, October 24.

PACCAR Inc (NASDAQ:PCAR) Institutional Investors Chart

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