5,000 Shares in American Railcar Industries, Inc. (ARII) Purchased by Gamco Investors INC. ET AL

Gamco Investors INC. ET AL acquired a new stake in shares of American Railcar Industries, Inc. (NASDAQ:ARII) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 5,000 shares of the transportation company’s stock, valued at approximately $208,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Russell Investments Group Ltd. purchased a new position in shares of American Railcar Industries during the 3rd quarter valued at about $173,000. North Point Portfolio Managers Corp OH purchased a new position in shares of American Railcar Industries during the 4th quarter valued at about $204,000. Unison Advisors LLC purchased a new position in shares of American Railcar Industries during the 4th quarter valued at about $261,000. The Manufacturers Life Insurance Company raised its stake in shares of American Railcar Industries by 0.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 6,679 shares of the transportation company’s stock valued at $256,000 after buying an additional 22 shares during the last quarter. Finally, Alliancebernstein L.P. raised its stake in shares of American Railcar Industries by 41.0% during the 2nd quarter. Alliancebernstein L.P. now owns 8,260 shares of the transportation company’s stock valued at $316,000 after buying an additional 2,400 shares during the last quarter. Institutional investors and hedge funds own 94.75% of the company’s stock.

American Railcar Industries, Inc. (ARII) opened at $37.71 on Thursday. The company has a quick ratio of 2.13, a current ratio of 3.06 and a debt-to-equity ratio of 0.94. American Railcar Industries, Inc. has a 52 week low of $34.29 and a 52 week high of $49.33. The firm has a market capitalization of $723.85, a PE ratio of 13.60 and a beta of 2.13.

Several brokerages recently weighed in on ARII. Zacks Investment Research upgraded American Railcar Industries from a “hold” rating to a “buy” rating and set a $40.00 price target for the company in a research note on Friday, February 9th. Stifel Nicolaus set a $35.00 price target on American Railcar Industries and gave the company a “hold” rating in a research note on Friday, February 9th. BidaskClub lowered American Railcar Industries from a “sell” rating to a “strong sell” rating in a research note on Friday, February 2nd. Seaport Global Securities began coverage on American Railcar Industries in a research note on Thursday, January 4th. They issued a “neutral” rating for the company. Finally, ValuEngine upgraded American Railcar Industries from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $39.50.

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American Railcar Industries Profile

American Railcar Industries, Inc is a designer and manufacturer of hopper and tank railcars. The Company designs and manufactures railcars and a range of components for the North American railcar and industrial markets. It operates through three segments: manufacturing, railcar leasing and railcar services.

Institutional Ownership by Quarter for American Railcar Industries (NASDAQ:ARII)

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