Zpr Investment Management buys $9,828,464 stake in American Railcar Industries (ARII)

American Railcar Industries (ARII) : Zpr Investment Management scooped up 203,170 additional shares in American Railcar Industries during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 227,880 shares of American Railcar Industries which is valued at $9,828,464.American Railcar Industries makes up approximately 12.05% of Zpr Investment Management’s portfolio.

Other Hedge Funds, Including , Millennium Management added ARII to its portfolio by purchasing 11,846 company shares during the most recent quarter which is valued at $510,918. Laurion Capital Management Lp added ARII to its portfolio by purchasing 25,046 company shares during the most recent quarter which is valued at $1,041,663. American Railcar Industries makes up approx 0.04% of Laurion Capital Management Lp’s portfolio.Tiaa Cref Investment Management reduced its stake in ARII by selling 200 shares or 0.79% in the most recent quarter. The Hedge Fund company now holds 25,016 shares of ARII which is valued at $945,355.Swiss National Bank reduced its stake in ARII by selling 1,200 shares or 8.45% in the most recent quarter. The Hedge Fund company now holds 13,000 shares of ARII which is valued at $491,270.

American Railcar Industries opened for trading at $42.36 and hit $42.9892 on the upside on Monday, eventually ending the session at $42.54, with a gain of 0.31% or 0.13 points. The heightened volatility saw the trading volume jump to 76,744 shares. Company has a market cap of $824 M.

On the company’s financial health, American Railcar Industries reported $1.02 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $0.99. The company had revenue of $150.50 million for the quarter, compared to analysts expectations of $149.57 million. The company’s revenue was down -21.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.54 EPS.

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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