Ocean Bio-Chem, Inc. (OBCI) Is At $3.86 Formed Wedge; Ensemble Capital Management Lowered By $1.19 Million Its Landstar Sys (LSTR) Position

Ocean Bio-Chem, Inc. (OBCI) formed wedge down with $3.59 target or 7.00% below today’s $3.86 share price. Ocean Bio-Chem, Inc. (OBCI) has $35.65 million valuation. The stock increased 1.71% or $0.06 during the last trading session, reaching $3.86. About 1,766 shares traded. Ocean Bio-Chem, Inc. (NASDAQ:OBCI) has risen 96.36% since March 13, 2017 and is uptrending. It has outperformed by 79.66% the S&P500.

Ensemble Capital Management Llc decreased Landstar Sys Inc (LSTR) stake by 3.96% reported in 2017Q3 SEC filing. Ensemble Capital Management Llc sold 12,039 shares as Landstar Sys Inc (LSTR)’s stock declined 6.13%. The Ensemble Capital Management Llc holds 291,946 shares with $29.09M value, down from 303,985 last quarter. Landstar Sys Inc now has $4.69B valuation. The stock decreased 0.89% or $1 during the last trading session, reaching $111.65. About 211,903 shares traded. Landstar System, Inc. (NASDAQ:LSTR) has risen 24.66% since March 13, 2017 and is uptrending. It has outperformed by 7.96% the S&P500.

Ensemble Capital Management Llc increased Sensata Technologies Hldg Nv (NYSE:ST) stake by 23,365 shares to 591,590 valued at $28.44 million in 2017Q3. It also upped Verisk Analytics Inc (NASDAQ:VRSK) stake by 31,810 shares and now owns 164,875 shares. Paychex Inc (NASDAQ:PAYX) was raised too.

Analysts await Landstar System, Inc. (NASDAQ:LSTR) to report earnings on April, 25. They expect $1.24 earnings per share, up 61.04% or $0.47 from last year’s $0.77 per share. LSTR’s profit will be $52.07M for 22.51 P/E if the $1.24 EPS becomes a reality. After $1.08 actual earnings per share reported by Landstar System, Inc. for the previous quarter, Wall Street now forecasts 14.81% EPS growth.

Investors sentiment increased to 1 in Q3 2017. Its up 0.03, from 0.97 in 2017Q2. It increased, as 25 investors sold LSTR shares while 99 reduced holdings. 42 funds opened positions while 78 raised stakes. 40.25 million shares or 0.59% less from 40.48 million shares in 2017Q2 were reported. Texas Permanent School Fund holds 30,607 shares. Ngam Ltd Partnership accumulated 82,418 shares or 0.09% of the stock. Strategic Advisors Limited Liability stated it has 0.08% of its portfolio in Landstar System, Inc. (NASDAQ:LSTR). Swiss Financial Bank holds 70,100 shares or 0.01% of its portfolio. Great Lakes Advisors Ltd Liability Corp holds 0.07% or 28,463 shares in its portfolio. The Ontario – Canada-based Hillsdale Invest has invested 0.07% in Landstar System, Inc. (NASDAQ:LSTR). Blair William And Il accumulated 33,257 shares. 75 were accumulated by Advisory Service Net Lc. Moreover, Spark Investment Mngmt Ltd Limited Liability Company has 0.07% invested in Landstar System, Inc. (NASDAQ:LSTR) for 13,300 shares. 29,846 are held by Ameritas Ptnrs. Virtu Limited Com holds 0.06% of its portfolio in Landstar System, Inc. (NASDAQ:LSTR) for 3,426 shares. Oppenheimer Asset has 2,409 shares for 0.01% of their portfolio. London Of Virginia stated it has 836,438 shares. Cwm accumulated 9 shares or 0% of the stock. Fmr Limited holds 1.25 million shares or 0.02% of its portfolio.

Among 18 analysts covering Landstar System (NASDAQ:LSTR), 5 have Buy rating, 3 Sell and 10 Hold. Therefore 28% are positive. Landstar System had 65 analyst reports since August 20, 2015 according to SRatingsIntel. The rating was maintained by Oppenheimer on Wednesday, July 26 with “Hold”. Stifel Nicolaus downgraded the shares of LSTR in report on Friday, December 16 to “Hold” rating. The rating was upgraded by Avondale on Friday, December 11 to “Mkt Outperform”. KeyBanc Capital Markets maintained Landstar System, Inc. (NASDAQ:LSTR) rating on Tuesday, October 3. KeyBanc Capital Markets has “Buy” rating and $110.0 target. The stock of Landstar System, Inc. (NASDAQ:LSTR) has “Hold” rating given on Thursday, August 20 by Zacks. The stock has “Buy” rating by KeyBanc Capital Markets on Monday, September 11. The stock of Landstar System, Inc. (NASDAQ:LSTR) earned “Outperform” rating by Oppenheimer on Friday, January 29. The stock of Landstar System, Inc. (NASDAQ:LSTR) earned “Hold” rating by Robert W. Baird on Thursday, February 1. The firm has “Market Perform” rating given on Thursday, October 20 by Cowen & Co. The stock of Landstar System, Inc. (NASDAQ:LSTR) earned “Overweight” rating by Stephens on Wednesday, August 30.

Investors sentiment is 4 in Q3 2017. Its the same as in 2017Q2. It is the same, as 0 investors sold Ocean Bio-Chem, Inc. shares while 2 reduced holdings. only 0 funds opened positions while 8 raised stakes. 654,064 shares or 193.12% more from 223,136 shares in 2017Q2 were reported. Morgan Stanley, a New York-based fund reported 370 shares. Blackrock reported 12,459 shares. Geode Capital Management Ltd Liability has 0% invested in Ocean Bio-Chem, Inc. (NASDAQ:OBCI). Renaissance Tech Ltd Com invested in 0% or 47,700 shares. Deutsche Bancshares Ag accumulated 0% or 21,500 shares. Moreover, Essex Inv Mgmt Co Limited Company has 0.06% invested in Ocean Bio-Chem, Inc. (NASDAQ:OBCI). California Public Employees Retirement Systems invested 0% of its portfolio in Ocean Bio-Chem, Inc. (NASDAQ:OBCI). Dimensional Fund Advsrs Limited Partnership reported 18,557 shares. James Rech Inc reported 13,750 shares. Panagora Asset Mngmt invested 0% in Ocean Bio-Chem, Inc. (NASDAQ:OBCI). Vanguard Group Incorporated holds 0% or 26,811 shares.

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