West Oak Capital adds Matson (MATX) to its portfolio

Matson (MATX) : West Oak Capital added new position in Matson during the most recent quarter end. The investment management firm now holds 2,000 shares of Matson which is valued at $81,120 , the company said in a statement filed on Oct 4, 2016 with the SEC.Matson makes up approximately 0.06% of West Oak Capital’s portfolio.

Matson opened for trading at $40.33 and hit $40.8199 on the upside on Tuesday, eventually ending the session at $40.41, with a gain of 0.25% or 0.1 points. The heightened volatility saw the trading volume jump to 1,58,495 shares. Company has a market cap of $1,736 M.

On the company’s financial health, Matson reported $0.42 EPS for the quarter, based on the information available during the earnings call on Aug 2, 2016. Analyst had a consensus estimate of $0.42. The company had revenue of $467.70 million for the quarter, compared to analysts expectations of $494.83 million. The company’s revenue was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.56 EPS.

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