Horrell Capital Management buys $1,181,250 stake in American Railcar Industries (ARII)

American Railcar Industries (ARII) : Horrell Capital Management scooped up 218 additional shares in American Railcar Industries during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 21, 2016. The investment management firm now holds a total of 27,000 shares of American Railcar Industries which is valued at $1,181,250.American Railcar Industries makes up approximately 0.73% of Horrell Capital Management’s portfolio.

American Railcar Industries closed down -0.11 points or -0.26% at $42.65 with 90,870 shares getting traded on Wednesday. Post opening the session at $42.66, the shares hit an intraday low of $42.26 and an intraday high of $43.62 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

Other Hedge Funds, Including , Advisory Services Network sold out all of its stake in ARII during the most recent quarter. The investment firm sold 205 shares of ARII which is valued $8,969.Next Financial Group Inc reduced its stake in ARII by selling 200 shares or 13.89% in the most recent quarter. The Hedge Fund company now holds 1,240 shares of ARII which is valued at $54,250. American Railcar Industries makes up approx 0.02% of Next Financial Group Inc’s portfolio.Winslow Evans Crocker reduced its stake in ARII by selling 1 shares or 0.15% in the most recent quarter. The Hedge Fund company now holds 675 shares of ARII which is valued at $29,531. American Railcar Industries makes up approx 0.01% of Winslow Evans Crocker’s portfolio.Central Trust Co reduced its stake in ARII by selling 215 shares or 24.16% in the most recent quarter. The Hedge Fund company now holds 675 shares of ARII which is valued at $29,903. Eqis Capital Management sold out all of its stake in ARII during the most recent quarter. The investment firm sold 4,476 shares of ARII which is valued $179,801.

On the company’s financial health, American Railcar Industries reported $1.82 EPS for the quarter, beating the analyst consensus estimate by $ 0.19 according to the earnings call on Feb 18, 2016. Analyst had a consensus of $1.63. The company had revenue of $260.90 million for the quarter, compared to analysts expectations of $216.72 million. The company’s revenue was up 73.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.06 EPS.

Many Wall Street Analysts have commented on American Railcar Industries. American Railcar Industries was Downgraded by BB&T Capital Mkts to ” Underweight” on Feb 22, 2016.

American Railcar Industries Inc. is a designer and manufacturer of hopper and tank railcars. The Company designs manufactures and sells customized and general-purpose railcars and a range of components for the North American railcar and industrial markets. It operates in three segments: manufacturing railcar leasing and railcar services. Its Manufacturing segment consists of railcar manufacturing and railcar and industrial component manufacturing. Its Railcar leasing segment consists of railcars manufactured and leased to third parties under operating leases. Its Railcar services segment consists of railcar repair services engineering and field services and fleet management services. Its customers include leasing companies industrial companies shippers and Class I railroads. In addition it offers the opportunity to lease its railcars and provides a variety of integrated railcar services including repair maintenance consulting engineering and fleet management services.

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