As Rush Enterprises (RUSHA) Share Value Declined, Bessemer Group Lifted Holding by $335,400; Morgan Stanley Has Lifted Its Revlon (REV) Holding

Rush Enterprises, Inc. (NASDAQ:RUSHA) Logo

Bessemer Group Inc increased its stake in Rush Enterprises (RUSHA) by 318.52% based on its latest 2018Q3 regulatory filing with the SEC. Bessemer Group Inc bought 8,600 shares as the company’s stock declined 22.05% with the market. The institutional investor held 11,300 shares of the consumer durables company at the end of 2018Q3, valued at $444,000, up from 2,700 at the end of the previous reported quarter. Bessemer Group Inc who had been investing in Rush Enterprises for a number of months, seems to be bullish on the $1.45 billion market cap company. The stock increased 0.65% or $0.24 during the last trading session, reaching $37.43. About 74,188 shares traded. Rush Enterprises, Inc. (NASDAQ:RUSHA) has declined 33.73% since February 11, 2018 and is downtrending. It has underperformed by 33.73% the S&P500. Some Historical RUSHA News: 23/04/2018 – RUSH ENTERPRISES 1Q EPS 51C, EST. 47C; 23/04/2018 – Rush Enterprises 1Q Rev $1.24B; 24/04/2018 – Rush Enterprises Volume Jumps More Than Eight Times Average; 14/03/2018 Rush Enterprises, Inc. Increases Stk Repurchase Program by $35 M; 19/04/2018 – DJ Rush Enterprises Inc Class B, Inst Holders, 1Q 2018 (RUSHB); 23/04/2018 – Rush Enterprises 1Q EPS 51c; 10/04/2018 – Rush Enterprises, Inc. Conference Call Advisory for First Quarter of 2018 Earnings Results; 19/04/2018 – Rush Enterprises Closes Above 50-Day Moving Average: Technicals; 15/05/2018 – Rush Enterprises May Benefit, Industry Posts 14th Straight Gain; 17/05/2018 – Rush Enterprises, Inc. Reports the Passing of Its Founder W. Marvin Rush

Morgan Stanley increased its stake in Revlon Inc (REV) by 51.13% based on its latest 2018Q3 regulatory filing with the SEC. Morgan Stanley bought 50,039 shares as the company’s stock rose 13.91% while stock markets declined. The institutional investor held 147,900 shares of the consumer non-durables company at the end of 2018Q3, valued at $3.30 million, up from 97,861 at the end of the previous reported quarter. Morgan Stanley who had been investing in Revlon Inc for a number of months, seems to be bullish on the $1.33B market cap company. The stock decreased 0.53% or $0.14 during the last trading session, reaching $25.24. About 16,553 shares traded. Revlon, Inc. (NYSE:REV) has risen 7.65% since February 11, 2018 and is uptrending. It has outperformed by 7.65% the S&P500. Some Historical REV News: 15/03/2018 – REVLON INC QTRLY SHR LOSS $1.46; 02/04/2018 – Revlon Closes Above 200-Day Moving Average: Technicals; 16/05/2018 – S&P REVISES REVLON CONSUMER PRODUCTS CORP. OUTLOOK TO ‘NEGATIVE’ FROM ‘STABLE’; RATING ‘CCC+’; 15/03/2018 – Revlon Reports Wider Net Loss, Beats on Revenue; 15/03/2018 – Revlon 4Q Loss/Shr $1.46; 23/05/2018 – Revlon appoints Debra Perelman CEO; 10/05/2018 – Revlon 1Q Loss $90.3M; 23/05/2018 – Revlon: Paul Meister Will Continue as Executive Vice Chairman; 16/05/2018 – S&PGR Revises Revlon Outlook To Negative, Affirms Ratings; 10/05/2018 – Revlon’s Wallet Thins After Manufacturing Mishap Hits Results

Bessemer Group Inc, which manages about $26.86 billion US Long portfolio, decreased its stake in Heritage Commerce Corp Co (NASDAQ:HTBK) by 31,400 shares to 11,000 shares, valued at $164,000 in 2018Q3, according to the filing. It also reduced its holding in Quest Diagnostics Inc (NYSE:DGX) by 19,873 shares in the quarter, leaving it with 1.95 million shares, and cut its stake in Pnc Financial Svs Grp (NYSE:PNC).

More notable recent Rush Enterprises, Inc. (NASDAQ:RUSHA) news were published by: Bizjournals.com which released: “Rush Enterprises founder Marvin Rush dies at age 79 – San Antonio Business Journal” on May 17, 2018, also Nasdaq.com with their article: “Is Rush Enterprises (RUSHA) Stock Undervalued Right Now? – Nasdaq” published on January 08, 2019, Globenewswire.com published: “Rush Enterprises, Inc. Conference Call Advisory for Second Quarter of 2018 Earnings Results – GlobeNewswire” on July 10, 2018. More interesting news about Rush Enterprises, Inc. (NASDAQ:RUSHA) were released by: Globenewswire.com and their article: “Rush Enterprises and Tallman Group Announce Joint Venture – GlobeNewswire” published on February 06, 2019 as well as Globenewswire.com‘s news article titled: “Rush Enterprises, Inc. Adopts $150 Million Stock Repurchase Program – GlobeNewswire” with publication date: October 31, 2018.

Among 12 analysts covering Rush Enterprises (NASDAQ:RUSHA), 6 have Buy rating, 0 Sell and 6 Hold. Therefore 50% are positive. Rush Enterprises had 38 analyst reports since July 24, 2015 according to SRatingsIntel. The company was downgraded on Friday, July 15 by Stephens. RBC Capital Markets maintained Rush Enterprises, Inc. (NASDAQ:RUSHA) rating on Thursday, February 11. RBC Capital Markets has “Sector Perform” rating and $17 target. The firm has “Buy” rating by Stifel Nicolaus given on Wednesday, April 25. RBC Capital Markets downgraded Rush Enterprises, Inc. (NASDAQ:RUSHA) rating on Thursday, January 7. RBC Capital Markets has “Sector Perform” rating and $21.0 target. The stock of Rush Enterprises, Inc. (NASDAQ:RUSHA) has “Overweight” rating given on Friday, February 9 by Stephens. The stock of Rush Enterprises, Inc. (NASDAQ:RUSHA) has “Hold” rating given on Tuesday, February 20 by Stifel Nicolaus. Stifel Nicolaus maintained it with “Hold” rating and $47.0 target in Friday, December 22 report. Seaport Global maintained it with “Buy” rating and $62.0 target in Tuesday, January 16 report. The stock has “Hold” rating by BMO Capital Markets on Friday, February 16. The stock of Rush Enterprises, Inc. (NASDAQ:RUSHA) has “Neutral” rating given on Wednesday, January 6 by Longbow.

Morgan Stanley, which manages about $60.09B and $399.53 billion US Long portfolio, decreased its stake in Invesco Exchng Traded Fd Tr by 18,560 shares to 68,166 shares, valued at $1.70M in 2018Q3, according to the filing. It also reduced its holding in Tcf Finl Corp (NYSE:TCB) by 32,224 shares in the quarter, leaving it with 243,770 shares, and cut its stake in Xenia Hotels & Resorts Inc.

Investors sentiment decreased to 0.77 in 2018 Q3. Its down 0.05, from 0.82 in 2018Q2. It turned negative, as 13 investors sold REV shares while 17 reduced holdings. 10 funds opened positions while 13 raised stakes. 7.77 million shares or 0.39% less from 7.80 million shares in 2018Q2 were reported. Vanguard Group Inc owns 685,060 shares or 0% of their US portfolio. Arrow Corp, New York-based fund reported 50 shares. Susquehanna Intl Group Limited Liability Partnership reported 0% of its portfolio in Revlon, Inc. (NYSE:REV). Int has 0% invested in Revlon, Inc. (NYSE:REV). Schwab Charles Inv Mngmt Incorporated has 46,901 shares for 0% of their portfolio. Invesco Ltd holds 30,811 shares. California Pub Employees Retirement System reported 54,045 shares. Goldman Sachs Grp has invested 0% in Revlon, Inc. (NYSE:REV). Northern Corporation has invested 0% of its portfolio in Revlon, Inc. (NYSE:REV). Dimensional Fund Advsrs LP holds 723,087 shares or 0.01% of its portfolio. Wells Fargo & Com Mn has 13,114 shares for 0% of their portfolio. Qs Limited Company has 0% invested in Revlon, Inc. (NYSE:REV) for 4,700 shares. State Street Corporation invested in 0% or 207,232 shares. State Bank Of Mellon owns 0% invested in Revlon, Inc. (NYSE:REV) for 43,681 shares. Blackrock Incorporated owns 557,872 shares.

More notable recent Revlon, Inc. (NYSE:REV) news were published by: Seekingalpha.com which released: “Raiders Of The Lost Corporate Ark – Revlon – Seeking Alpha” on January 25, 2019, also Seekingalpha.com with their article: “Revlon +10% on earnings beat – Seeking Alpha” published on November 09, 2018, Seekingalpha.com published: “Centene announces executive appointments – Seeking Alpha” on January 15, 2019. More interesting news about Revlon, Inc. (NYSE:REV) were released by: Streetinsider.com and their article: “Snap (SNAP) CFO Tim Stone to Resign; Sees Q4 Rev, Adj EBITDA at Top End of Prior Guidance – StreetInsider.com” published on January 15, 2019 as well as Globenewswire.com‘s news article titled: “Investor Expectations to Drive Momentum within Coeur Mining, RLI, Revlon, Carrizo Oil & Gas, j2 Global, and Resources Connection — Discovering Underlying Factors of Influence – GlobeNewswire” with publication date: January 28, 2019.

Since August 9, 2018, it had 11 buys, and 1 sale for $11.43 million activity. Another trade for 20,000 shares valued at $464,740 was made by BEATTIE E SCOTT on Tuesday, September 18.

Rush Enterprises, Inc. (NASDAQ:RUSHA) Institutional Positions Chart