Manhattan Associates, Inc. (MANH) Forms $52.44 Double Bottom; Capital Guardian Trust Company Decreased By $43.02 Million Its Canadian National Railway Co (CNI) Stake

Manhattan Associates, Inc. (MANH) formed double bottom with $49.82 target or 5.00% below today’s $52.44 share price. Manhattan Associates, Inc. (MANH) has $3.62 billion valuation. The stock increased 0.88% or $0.46 during the last trading session, reaching $52.44. About 301,029 shares traded. Manhattan Associates, Inc. (NASDAQ:MANH) has declined 22.39% since January 15, 2017 and is downtrending. It has underperformed by 39.09% the S&P500.

Capital Guardian Trust Company decreased Canadian National Railway Co (CNI) stake by 70.62% reported in 2017Q3 SEC filing. Capital Guardian Trust Company sold 524,692 shares as Canadian National Railway Co (CNI)’s stock rose 4.48%. The Capital Guardian Trust Company holds 218,239 shares with $18.08 million value, down from 742,931 last quarter. Canadian National Railway Co now has $59.48 billion valuation. The stock decreased 0.53% or $0.43 during the last trading session, reaching $80.96. About 1.38 million shares traded or 36.26% up from the average. Canadian National Railway Company (NYSE:CNI) has risen 30.03% since January 15, 2017 and is uptrending. It has outperformed by 13.33% the S&P500.

Investors sentiment increased to 1.33 in 2017 Q3. Its up 0.26, from 1.07 in 2017Q2. It improved, as 35 investors sold Manhattan Associates, Inc. shares while 67 reduced holdings. 35 funds opened positions while 101 raised stakes. 72.05 million shares or 1.48% less from 73.13 million shares in 2017Q2 were reported. Bbva Compass Bankshares accumulated 11,076 shares. Bluemountain Cap Limited Liability Company holds 0.01% of its portfolio in Manhattan Associates, Inc. (NASDAQ:MANH) for 9,915 shares. Geode Mngmt Ltd Llc has 0.01% invested in Manhattan Associates, Inc. (NASDAQ:MANH) for 598,540 shares. Century holds 11,189 shares or 0% of its portfolio. The New York-based Amalgamated Financial Bank has invested 0.02% in Manhattan Associates, Inc. (NASDAQ:MANH). Comerica Retail Bank has 0.02% invested in Manhattan Associates, Inc. (NASDAQ:MANH) for 56,675 shares. Lloyds Banking Grp Inc Public Ltd owns 3,747 shares or 1.55% of their US portfolio. Aqr Capital Mgmt Lc, Connecticut-based fund reported 563,991 shares. Vident Investment Advisory Ltd Liability accumulated 289,042 shares. Amica Retiree Medical Tru reported 946 shares. First Personal Fincl Svcs reported 627 shares. Credit Suisse Ag holds 0% in Manhattan Associates, Inc. (NASDAQ:MANH) or 109,797 shares. Qs Invsts Limited Liability reported 0.04% of its portfolio in Manhattan Associates, Inc. (NASDAQ:MANH). New Amsterdam Ptnrs Limited New York holds 1.88% or 216,109 shares. Bnp Paribas Arbitrage Sa has 27,711 shares for 0% of their portfolio.

Among 7 analysts covering Manhattan Assoc (NASDAQ:MANH), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Manhattan Assoc had 13 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Outperform” rating by William Blair given on Tuesday, September 29. SunTrust upgraded the stock to “Buy” rating in Tuesday, October 3 report. The firm has “Buy” rating by Brean Capital given on Tuesday, January 12. The rating was maintained by Benchmark on Wednesday, February 1 with “Buy”. Lake Street initiated the stock with “Buy” rating in Monday, October 19 report. The rating was maintained by SunTrust on Wednesday, November 15 with “Buy”. The firm has “Market Perform” rating by William Blair given on Thursday, April 28. On Wednesday, August 23 the stock rating was maintained by KeyBanc Capital Markets with “Hold”. The company was maintained on Wednesday, October 21 by Benchmark. As per Wednesday, July 22, the company rating was maintained by Benchmark.

Analysts await Manhattan Associates, Inc. (NASDAQ:MANH) to report earnings on January, 30. They expect $0.42 earnings per share, 0.00% or $0.00 from last year’s $0.42 per share. MANH’s profit will be $28.95M for 31.21 P/E if the $0.42 EPS becomes a reality. After $0.48 actual earnings per share reported by Manhattan Associates, Inc. for the previous quarter, Wall Street now forecasts -12.50% negative EPS growth.

Among 25 analysts covering Canadian National Railway (NYSE:CNI), 10 have Buy rating, 2 Sell and 13 Hold. Therefore 40% are positive. Canadian National Railway had 61 analyst reports since July 21, 2015 according to SRatingsIntel. On Tuesday, April 26 the stock rating was maintained by Nomura with “Neutral”. Seaport Global initiated it with “Neutral” rating and $64 target in Friday, October 28 report. The stock has “Hold” rating by TD Securities on Tuesday, April 26. The company was maintained on Thursday, October 5 by Stifel Nicolaus. The company was upgraded on Wednesday, January 27 by First Analysis. As per Friday, September 11, the company rating was upgraded by National Bank Canada. Cowen & Co maintained the shares of CNI in report on Tuesday, April 26 with “Outperform” rating. Bank of America downgraded the stock to “Underperform” rating in Tuesday, April 26 report. The stock of Canadian National Railway Company (NYSE:CNI) has “Sell” rating given on Thursday, May 19 by CLSA. The company was maintained on Thursday, June 15 by Stifel Nicolaus.