Trex Company, Inc. (TREX) Forms $110.83 Double Top; Luxor Capital Group LP Has Lifted Liberty Global Plc (LBTYK) Stake By $38.20 Million

Trex Company, Inc. (TREX) formed double top with $115.26 target or 4.00% above today’s $110.83 share price. Trex Company, Inc. (TREX) has $3.26B valuation. The stock increased 0.65% or $0.72 during the last trading session, reaching $110.83. About 110,293 shares traded. Trex Company, Inc. (NYSE:TREX) has risen 51.54% since February 14, 2017 and is uptrending. It has outperformed by 34.84% the S&P500.

Luxor Capital Group Lp increased Liberty Global Plc (LBTYK) stake by 84.01% reported in 2017Q3 SEC filing. Luxor Capital Group Lp acquired 1.19M shares as Liberty Global Plc (LBTYK)’s stock declined 17.26%. The Luxor Capital Group Lp holds 2.61 million shares with $85.51 million value, up from 1.42 million last quarter. Liberty Global Plc now has $33.80B valuation. The stock decreased 0.38% or $0.13 during the last trading session, reaching $33.99. About 2.10M shares traded. Liberty Global plc (NASDAQ:LBTYK) has declined 6.78% since February 14, 2017 and is downtrending. It has underperformed by 23.48% the S&P500.

Since August 15, 2017, it had 0 insider buys, and 1 sale for $123,735 activity. On Tuesday, August 15 the insider MERLOTTI FRANK H JR sold $158,457. Another trade for 1,058 shares valued at $123,735 was sold by GRATZ JAY M.

Investors sentiment increased to 1.35 in 2017 Q3. Its up 0.11, from 1.24 in 2017Q2. It increased, as 14 investors sold Trex Company, Inc. shares while 63 reduced holdings. 31 funds opened positions while 73 raised stakes. 25.84 million shares or 3.17% less from 26.69 million shares in 2017Q2 were reported. Sandy Spring National Bank & Trust has 600 shares for 0.01% of their portfolio. Whittier Co Of Nevada Inc invested 0% of its portfolio in Trex Company, Inc. (NYSE:TREX). Aperio holds 0.01% of its portfolio in Trex Company, Inc. (NYSE:TREX) for 24,211 shares. Schwab Charles Inv holds 0.01% in Trex Company, Inc. (NYSE:TREX) or 137,312 shares. Magnetar Fincl Lc has invested 0.01% in Trex Company, Inc. (NYSE:TREX). Moreover, American Intll Group has 0.01% invested in Trex Company, Inc. (NYSE:TREX). Loomis Sayles & L P invested in 0.06% or 302,496 shares. Keybank National Association Oh owns 5,154 shares. The Arizona-based Tci Wealth Advsr has invested 0% in Trex Company, Inc. (NYSE:TREX). Quantitative Inv Mgmt Limited Liability invested 0.01% of its portfolio in Trex Company, Inc. (NYSE:TREX). Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0.01% in Trex Company, Inc. (NYSE:TREX). Campbell And Com Invest Adviser Ltd Llc reported 0.2% of its portfolio in Trex Company, Inc. (NYSE:TREX). State Bank Of Nova Scotia owns 16,400 shares or 0.01% of their US portfolio. 2,432 were reported by Teacher Retirement Of Texas. Moreover, Granahan Invest Ma has 0.02% invested in Trex Company, Inc. (NYSE:TREX).

Analysts await Trex Company, Inc. (NYSE:TREX) to report earnings on February, 20. They expect $0.54 EPS, up 25.58% or $0.11 from last year’s $0.43 per share. TREX’s profit will be $15.88M for 51.31 P/E if the $0.54 EPS becomes a reality. After $0.68 actual EPS reported by Trex Company, Inc. for the previous quarter, Wall Street now forecasts -20.59% negative EPS growth.

Among 9 analysts covering Trex Co (NYSE:TREX), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. Trex Co has $125 highest and $45 lowest target. $103.67’s average target is -6.46% below currents $110.83 stock price. Trex Co had 22 analyst reports since September 24, 2015 according to SRatingsIntel. The rating was maintained by Seaport Global with “Buy” on Thursday, January 11. The firm has “Hold” rating by Stifel Nicolaus given on Friday, December 8. The firm has “Mkt Perform” rating given on Tuesday, February 28 by FBR Capital. The rating was maintained by Wedbush on Tuesday, January 17 with “Neutral”. The stock of Trex Company, Inc. (NYSE:TREX) earned “Buy” rating by FBR Capital on Wednesday, January 3. The firm has “Hold” rating given on Tuesday, October 31 by Stifel Nicolaus. The stock of Trex Company, Inc. (NYSE:TREX) earned “Hold” rating by Stifel Nicolaus on Thursday, July 13. The stock of Trex Company, Inc. (NYSE:TREX) has “Outperform” rating given on Thursday, September 24 by Wedbush. Sidoti downgraded the stock to “Hold” rating in Monday, October 2 report. The firm has “Hold” rating by Stifel Nicolaus given on Wednesday, November 9.