Resolute Forest Products (RFP) Shareholder Aegis Financial Has Cut Its Stake as Stock Declined; Grace & White Increases Position in Textainer Group Holdings Ltdsh (TGH)

Resolute Forest Products Inc. (NYSE:RFP) Logo

Grace & White Inc increased its stake in Textainer Group Holdings Ltdsh (TGH) by 43.53% based on its latest 2018Q3 regulatory filing with the SEC. Grace & White Inc bought 75,759 shares as the company’s stock declined 28.50% with the market. The institutional investor held 249,814 shares of the diversified commercial services company at the end of 2018Q3, valued at $3.20M, up from 174,055 at the end of the previous reported quarter. Grace & White Inc who had been investing in Textainer Group Holdings Ltdsh for a number of months, seems to be bullish on the $681.22M market cap company. The stock increased 0.08% or $0.01 during the last trading session, reaching $11.92. About 36,398 shares traded. Textainer Group Holdings Limited (NYSE:TGH) has declined 53.89% since January 10, 2018 and is downtrending. It has underperformed by 53.89% the S&P500. Some Historical TGH News: 18/05/2018 – Textainer Group Closes Below 50-Day Moving Average: Technicals; 14/03/2018 TEXTAINER FILES MIXED SECURITIES SHELF FOR UP TO $350M; 02/05/2018 – Textainer Group Closes Above 50-Day Moving Average: Technicals; 14/05/2018 – Fidelity & Research Buys New 1.3% Position in Textainer Group; 08/05/2018 – TEXTAINER GROUP 1Q RENTAL INCOME $120.2M; 08/05/2018 – Textainer 1Q EBITDA $105.3M; 25/04/2018 – TGH:RECEIPT OF TAKEOVER NOTICE; 28/05/2018 – TGH:TAKEOVER OFFER DOCUMENT; 08/05/2018 – TEXTAINER GROUP 1Q REV. $120.2M, EST. $135.0M; 08/05/2018 – TEXTAINER GROUP 1Q ADJ EPS 30C, EST. 31C

Aegis Financial Corp decreased its stake in Resolute Forest Products Inc. (RFP) by 39.46% based on its latest 2018Q3 regulatory filing with the SEC. Aegis Financial Corp sold 287,881 shares as the company’s stock declined 12.58% with the market. The institutional investor held 441,644 shares of the paper company at the end of 2018Q3, valued at $5.72M, down from 729,525 at the end of the previous reported quarter. Aegis Financial Corp who had been investing in Resolute Forest Products Inc. for a number of months, seems to be less bullish one the $843.56 million market cap company. The stock increased 2.88% or $0.26 during the last trading session, reaching $9.29. About 289,363 shares traded. Resolute Forest Products Inc. (NYSE:RFP) has risen 38.81% since January 10, 2018 and is uptrending. It has outperformed by 38.81% the S&P500. Some Historical RFP News: 03/05/2018 – RESOLUTE SAYS U.S. NEWSPRINT DUTIES ACCELERATE DEMAND DECLINE; 03/05/2018 – RESOLUTE FOREST CEO YVES LAFLAMME SAYS ON 1Q EARNINGS CALL; 15/03/2018 – St. Croix Source: RFP-008-2018(P); 04/04/2018 – St Louis County: St. Louis County Issues RFP for Police Body Cameras; 13/03/2018 – U.S. finds Canada groundwood paper dumped, sets duties; 14/03/2018 – WELSPUN ENTERPRISES LTD – NHAI ADVISED THAT RFP FOR PROJECT OF SIX LANING OF WALAJAPETH TO CHINNAIYAN CHATHIRAM SECTION OF NH-4 HAS BEEN ANNULLED; 03/05/2018 – Resolute Forest Products 1Q EPS 11c; 19/03/2018 – LACERA: RFP: Real Estate THC Audit and Tax Services; 16/04/2018 – RESOLUTE REPORTS TENTATIVE PACT WITH UNIFOR; 01/05/2018 – Resolute Announces Ratification of Unifor Labor Agreement in Canada

Among 4 analysts covering Resolute Forest Products (NYSE:RFP), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. Resolute Forest Products had 22 analyst reports since October 21, 2015 according to SRatingsIntel. On Wednesday, January 10 the stock rating was maintained by Scotia Capital with “Sell”. The stock of Resolute Forest Products Inc. (NYSE:RFP) earned “Hold” rating by RBC Capital Markets on Thursday, February 1. RBC Capital Markets maintained it with “Hold” rating and $500 target in Sunday, July 30 report. The firm has “Hold” rating by RBC Capital Markets given on Thursday, January 11. Scotia Capital maintained the stock with “Sell” rating in Tuesday, March 6 report. RBC Capital Markets downgraded the shares of RFP in report on Monday, April 25 to “Sector Perform” rating. The stock of Resolute Forest Products Inc. (NYSE:RFP) has “Reduce” rating given on Friday, April 1 by TD Securities. RBC Capital Markets maintained the shares of RFP in report on Thursday, November 2 with “Hold” rating. Scotia Capital upgraded Resolute Forest Products Inc. (NYSE:RFP) on Wednesday, May 23 to “Hold” rating. As per Tuesday, April 17, the company rating was maintained by RBC Capital Markets.

More notable recent Resolute Forest Products Inc. (NYSE:RFP) news were published by: Benzinga.com which released: “Molina (NYSE:MOH) Wins New Bulls On Cost Saving, Margin Opportunities – Benzinga” on January 08, 2019, also Seekingalpha.com with their article: “Resolute Forest Products’ (RFP) CEO Yves Laflamme on Q1 2018 Results – Earnings Call Transcript – Seeking Alpha” published on May 03, 2018, Seekingalpha.com published: “Tracking Prem Watsa’s Fairfax Financial Holdings Portfolio – Q1 2018 Update – Seeking Alpha” on May 17, 2018. More interesting news about Resolute Forest Products Inc. (NYSE:RFP) were released by: Seekingalpha.com and their article: “Resolute Forest Products, Inc. (RFP) CEO Yves Laflamme on Q2 2018 Results – Earnings Call Transcript – Seeking Alpha” published on August 02, 2018 as well as Gurufocus.com‘s news article titled: “5 Low-P/E Ratio Stocks in Prem Watsa’s Portfolio – GuruFocus.com” with publication date: September 19, 2018.

Aegis Financial Corp, which manages about $466.99 million and $60.28M US Long portfolio, upped its stake in Delta Apparel Inc. (NYSEMKT:DLA) by 32,038 shares to 290,402 shares, valued at $5.17M in 2018Q3, according to the filing.

Grace & White Inc, which manages about $820.58 million and $471.20M US Long portfolio, decreased its stake in Csw Industrials Inc Com by 5,787 shares to 21,557 shares, valued at $1.16 million in 2018Q3, according to the filing. It also reduced its holding in Heska Corp Com Restrc New (NASDAQ:HSKA) by 6,303 shares in the quarter, leaving it with 57,485 shares, and cut its stake in Callaway Golf Co Com (NYSE:ELY).

Among 9 analysts covering Textainer Group Holdings Limited (NYSE:TGH), 2 have Buy rating, 1 Sell and 6 Hold. Therefore 22% are positive. Textainer Group Holdings Limited had 30 analyst reports since August 5, 2015 according to SRatingsIntel. The firm earned “Market Perform” rating on Friday, October 20 by Wells Fargo. The stock of Textainer Group Holdings Limited (NYSE:TGH) has “Hold” rating given on Monday, April 23 by Compass Point. Macquarie Research upgraded the stock to “Neutral” rating in Wednesday, November 4 report. The rating was maintained by Cowen & Co with “Market Perform” on Tuesday, August 4. The stock of Textainer Group Holdings Limited (NYSE:TGH) has “Market Perform” rating given on Friday, February 12 by Cowen & Co. The company was maintained on Tuesday, August 8 by Keefe Bruyette & Woods. The rating was upgraded by Cowen & Co on Monday, January 23 to “Outperform”. The stock has “Market Perform” rating by Cowen & Co on Wednesday, November 4. The rating was maintained by Cowen & Co on Monday, October 23 with “Buy”. Cowen & Co maintained it with “Buy” rating and $21.0 target in Monday, September 18 report.

Resolute Forest Products Inc. (NYSE:RFP) Institutional Positions Chart