As Mohawk Industries (MHK) Stock Value Declined, Covey Capital Advisors Has Trimmed Its Position; Oceanic Investment Management LTD Has Upped Its Diana Shipping (DSX) Holding by $408,345

Mohawk Industries, Inc. (NYSE:MHK) Logo

Oceanic Investment Management Ltd increased its stake in Diana Shipping Inc (DSX) by 30.8% based on its latest 2018Q3 regulatory filing with the SEC. Oceanic Investment Management Ltd bought 136,115 shares as the company’s stock declined 11.63% with the market. The hedge fund held 577,998 shares of the marine transportation company at the end of 2018Q3, valued at $2.27M, up from 441,883 at the end of the previous reported quarter. Oceanic Investment Management Ltd who had been investing in Diana Shipping Inc for a number of months, seems to be bullish on the $343.01 million market cap company. The stock decreased 2.20% or $0.0743 during the last trading session, reaching $3.3057. About 107,897 shares traded. Diana Shipping Inc. (NYSE:DSX) has declined 13.20% since January 14, 2018 and is downtrending. It has underperformed by 13.20% the S&P500. Some Historical DSX News: 10/05/2018 – Diana Shipping 1Q Loss/Shr 4c; 10/05/2018 – Diana Shipping 1Q Rev $48.4M; 30/04/2018 – Diana Shipping Inc. Announces Time Charter Contract for m/v Salt Lake City With Cargill; 04/04/2018 – DIANA SHIPPING INC – CHARTER IS EXPECTED TO COMMENCE ON APRIL 17, 2018; 18/04/2018 – Diana Shipping Inc. Announces Direct Continuation of Time Charter Contract for m/v Santa Barbara With Cargill and a New Time Ch; 18/04/2018 – DIANA SHIPPING EXTENDS TIME CHARTER WITH CARGILL; 18/04/2018 – DIANA SHIPPING – FOR M/V SANTA BARBARA, CHARTER PERIOD EXPECTED TO COMMENCE ON APRIL 24, 2018; 20/04/2018 – Diana Shipping Inc. Announces Time Charter Contract for m/v Arethusa With Glencore; 27/03/2018 – DIANA SHIPPING REPORTS TIME CHARTER CONTRACT FOR M/V ALIKI; 07/05/2018 – DIANA SHIPPING – CHARTER OF M/V HOUSTON IS EXPECTED TO COMMENCE ON MAY 9

Covey Capital Advisors Llc decreased its stake in Mohawk Industries Inc (MHK) by 37.58% based on its latest 2018Q3 regulatory filing with the SEC. Covey Capital Advisors Llc sold 7,000 shares as the company’s stock declined 36.78% with the market. The institutional investor held 11,625 shares of the consumer durables company at the end of 2018Q3, valued at $2.04 million, down from 18,625 at the end of the previous reported quarter. Covey Capital Advisors Llc who had been investing in Mohawk Industries Inc for a number of months, seems to be less bullish one the $9.38B market cap company. The stock increased 0.55% or $0.69 during the last trading session, reaching $126.36. About 410,068 shares traded. Mohawk Industries, Inc. (NYSE:MHK) has declined 57.20% since January 14, 2018 and is downtrending. It has underperformed by 57.20% the S&P500.

Among 14 analysts covering Diana Shipping (NYSE:DSX), 2 have Buy rating, 2 Sell and 10 Hold. Therefore 14% are positive. Diana Shipping had 33 analyst reports since July 27, 2015 according to SRatingsIntel. The rating was downgraded by Clarkson Capital to “Neutral” on Tuesday, February 9. On Monday, February 12 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. The firm has “Hold” rating by Stifel Nicolaus given on Tuesday, July 18. The rating was upgraded by Pareto on Friday, May 11 to “Buy”. The stock has “Hold” rating by Deutsche Bank on Friday, August 26. Jefferies initiated Diana Shipping Inc. (NYSE:DSX) on Monday, December 18 with “Hold” rating. The company was upgraded on Wednesday, May 24 by Evercore. Deutsche Bank downgraded the stock to “Hold” rating in Wednesday, November 18 report. The rating was downgraded by JP Morgan to “Neutral” on Wednesday, January 17. The firm earned “Hold” rating on Wednesday, January 10 by Pareto.

More notable recent Diana Shipping Inc. (NYSE:DSX) news were published by: Seekingalpha.com which released: “Star Bulk Carriers: Safest Among Dry Bulk Companies – Seeking Alpha” on March 06, 2018, also Globenewswire.com with their article: “Diana Shipping Inc. Announces Final Results of Self Tender Offer for Shares of Common Stock – GlobeNewswire” published on December 31, 2018, Seekingalpha.com published: “Diana Shipping announces pricing of $100M senior unsecured bond offering – Seeking Alpha” on September 18, 2018. More interesting news about Diana Shipping Inc. (NYSE:DSX) were released by: Seekingalpha.com and their article: “Dry Bulk Supply Side Outlook – Summer 2018 – Seeking Alpha” published on August 30, 2018 as well as Globenewswire.com‘s news article titled: “Diana Shipping Inc. Announces Closing of US$100 Million Senior Unsecured Bond Offering and Redemption of Its 8.50% Senior Notes Due 2020 – GlobeNewswire” with publication date: September 27, 2018.

Among 21 analysts covering Mohawk (NYSE:MHK), 13 have Buy rating, 3 Sell and 5 Hold. Therefore 62% are positive. Mohawk had 72 analyst reports since August 10, 2015 according to SRatingsIntel. Bank of America upgraded Mohawk Industries, Inc. (NYSE:MHK) on Wednesday, October 12 to “Buy” rating. Topeka Capital Markets initiated Mohawk Industries, Inc. (NYSE:MHK) rating on Tuesday, May 24. Topeka Capital Markets has “Hold” rating and $185 target. Credit Suisse downgraded Mohawk Industries, Inc. (NYSE:MHK) on Monday, October 29 to “Neutral” rating. As per Tuesday, December 12, the company rating was initiated by Jefferies. Bank of America initiated Mohawk Industries, Inc. (NYSE:MHK) rating on Friday, September 23. Bank of America has “Neutral” rating and $235 target. The stock of Mohawk Industries, Inc. (NYSE:MHK) earned “Buy” rating by Jefferies on Tuesday, July 31. Robert W. Baird maintained Mohawk Industries, Inc. (NYSE:MHK) rating on Monday, April 30. Robert W. Baird has “Buy” rating and $27200 target. On Thursday, September 29 the stock rating was initiated by Wells Fargo with “Market Perform”. The firm earned “Underperform” rating on Friday, January 11 by RBC Capital Markets. JP Morgan downgraded it to “Neutral” rating and $215 target in Tuesday, March 15 report.

Investors sentiment decreased to 0.97 in Q3 2018. Its down 0.09, from 1.06 in 2018Q2. It fall, as 65 investors sold MHK shares while 150 reduced holdings. 73 funds opened positions while 135 raised stakes. 53.84 million shares or 5.39% less from 56.91 million shares in 2018Q2 were reported. 540 are held by Livforsakringsbolaget Skandia Omsesidigt. 20,027 are owned by United Automobile Association. Principal Group Incorporated Inc reported 1.20M shares stake. Moreover, Massmutual Tru Fsb Adv has 0% invested in Mohawk Industries, Inc. (NYSE:MHK) for 40 shares. Comerica Bank & Trust holds 0.01% in Mohawk Industries, Inc. (NYSE:MHK) or 12,259 shares. Ls Investment Advsr Llc holds 0.03% or 2,586 shares in its portfolio. Gendell Jeffrey L holds 0.63% or 42,000 shares in its portfolio. First Republic Investment Mgmt owns 6,228 shares. Tiverton Asset Mngmt Limited holds 0.02% or 2,250 shares. Moreover, Laurion Management Lp has 0.18% invested in Mohawk Industries, Inc. (NYSE:MHK) for 107,038 shares. Cwm Limited Liability reported 36,573 shares. Pictet Asset Mgmt Limited has 76,640 shares. Ruffer Ltd Liability Partnership stated it has 9,000 shares or 0.05% of all its holdings. Asset Mgmt One Limited invested in 105,991 shares or 0.04% of the stock. 193 were accumulated by Guardian Trust Com.

More notable recent Mohawk Industries, Inc. (NYSE:MHK) news were published by: Seekingalpha.com which released: “Mohawk Industries: Risks Are Adding Up Fast – Seeking Alpha” on November 27, 2018, also Seekingalpha.com with their article: “Centene finishes first, Coty last on S&P 500 for 2018 – Seeking Alpha” published on December 31, 2018, Seekingalpha.com published: “Mohawk Industries Is In Cyclical Value Territory – Seeking Alpha” on October 30, 2018. More interesting news about Mohawk Industries, Inc. (NYSE:MHK) were released by: 247Wallst.com and their article: “8 Large Insider Buying Trades That Are Too Big to Ignore – 24/7 Wall St.” published on November 03, 2018 as well as Gurufocus.com‘s news article titled: “The 5 Worst-Performing Stocks in the S&P 500 for 2018 – GuruFocus.com” with publication date: December 17, 2018.

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