PPG Industries, Inc. (PPG) Is At $104.96 Formed Wedge; Mueller Water Products (MWA) Has 0.98 Sentiment

Mueller Water Products, Inc. (NYSE:MWA) Logo

PPG Industries, Inc. (PPG) formed wedge down with $100.76 target or 4.00% below today’s $104.96 share price. PPG Industries, Inc. (PPG) has $26.17B valuation. The stock decreased 0.71% or $0.75 during the last trading session, reaching $104.96. About 1.28 million shares traded. PPG Industries, Inc. (NYSE:PPG) has risen 7.79% since May 4, 2017 and is uptrending. It has underperformed by 3.76% the S&P500.

Mueller Water Products Inc (MWA) investors sentiment decreased to 0.98 in Q4 2017. It’s down -0.44, from 1.42 in 2017Q3. The ratio dropped, as 87 active investment managers increased or started new holdings, while 89 sold and decreased their holdings in Mueller Water Products Inc. The active investment managers in our database now have: 133.39 million shares, up from 132.25 million shares in 2017Q3. Also, the number of active investment managers holding Mueller Water Products Inc in top ten holdings increased from 0 to 1 for an increase of 1. Sold All: 26 Reduced: 63 Increased: 61 New Position: 26.

Among 26 analysts covering PPG Industries (NYSE:PPG), 15 have Buy rating, 0 Sell and 11 Hold. Therefore 58% are positive. PPG Industries had 80 analyst reports since September 6, 2015 according to SRatingsIntel. The rating was maintained by Jefferies with “Buy” on Friday, September 15. The stock has “Hold” rating by RBC Capital Markets on Monday, August 7. The rating was maintained by Citigroup with “Neutral” on Wednesday, October 25. The rating was maintained by Citigroup with “Buy” on Monday, April 18. The company was upgraded on Wednesday, April 25 by JP Morgan. The stock of PPG Industries, Inc. (NYSE:PPG) has “Hold” rating given on Wednesday, January 17 by RBC Capital Markets. The firm has “Outperform” rating given on Monday, July 17 by Credit Suisse. The firm has “Buy” rating by Goldman Sachs given on Monday, October 12. The firm has “Neutral” rating by Citigroup given on Wednesday, January 24. SunTrust maintained PPG Industries, Inc. (NYSE:PPG) rating on Friday, October 20. SunTrust has “Hold” rating and $115.0 target.

Since February 22, 2018, it had 0 buys, and 1 sale for $1.10 million activity. GREINDL JEAN-MARIE also sold $1.10M worth of PPG Industries, Inc. (NYSE:PPG) on Thursday, February 22.

Investors sentiment decreased to 1 in 2017 Q4. Its down 0.14, from 1.14 in 2017Q3. It turned negative, as 37 investors sold PPG Industries, Inc. shares while 245 reduced holdings. 86 funds opened positions while 197 raised stakes. 186.33 million shares or 0.01% more from 186.32 million shares in 2017Q3 were reported. Cap Mngmt Corporation Va invested in 0.06% or 1,850 shares. New York State Common Retirement Fund has invested 0.1% of its portfolio in PPG Industries, Inc. (NYSE:PPG). Whittier Company Of Nevada invested 0.01% of its portfolio in PPG Industries, Inc. (NYSE:PPG). Columbia L L C Mgmt accumulated 27,731 shares. 40,590 are owned by Amer Assets Investment Mgmt Limited Co. Waddell Reed Fincl Incorporated reported 722,375 shares stake. Bp Public Limited Company stated it has 30,000 shares. Arizona State Retirement Systems invested in 73,274 shares. State Of New Jersey Common Pension Fund D has invested 0.1% in PPG Industries, Inc. (NYSE:PPG). First National Tru, Pennsylvania-based fund reported 20,444 shares. Reaves W H reported 5,600 shares. Smithfield Tru has 133,505 shares for 1.9% of their portfolio. Loring Wolcott Coolidge Fiduciary Advisors Llp Ma invested in 6 shares or 0% of the stock. The New York-based Qci Asset Mgmt New York has invested 0% in PPG Industries, Inc. (NYSE:PPG). Bancorp Of Nova Scotia invested in 142,275 shares or 0.08% of the stock.

The stock decreased 1.02% or $0.1 during the last trading session, reaching $9.7. About 558,992 shares traded. Mueller Water Products, Inc. (MWA) has declined 6.32% since May 4, 2017 and is downtrending. It has underperformed by 17.87% the S&P500.

PPG Industries, Inc. (NYSE:PPG) Institutional Positions Chart