US Bancorp DE lifted its position in shares of WABCO Holdings Inc. (NYSE:WBC) by 7.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 24,939 shares of the auto parts company’s stock after buying an additional 1,764 shares during the period. US Bancorp DE’s holdings in WABCO were worth $3,578,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in WBC. Cerebellum GP LLC acquired a new stake in shares of WABCO during the 4th quarter worth $129,000. Zions Bancorporation acquired a new stake in shares of WABCO during the 3rd quarter worth $179,000. Brown Advisory Inc. acquired a new stake in shares of WABCO during the 3rd quarter worth $202,000. Cadence Capital Management LLC acquired a new stake in shares of WABCO during the 3rd quarter worth $207,000. Finally, IFM Investors Pty Ltd acquired a new stake in shares of WABCO during the 4th quarter worth $213,000. Institutional investors and hedge funds own 96.14% of the company’s stock.

A number of analysts have recently commented on the company. Vertical Research downgraded WABCO from a “buy” rating to a “hold” rating in a report on Monday, October 23rd. KeyCorp upped their price objective on WABCO from $161.00 to $165.00 and gave the stock an “overweight” rating in a report on Friday, October 20th. Robert W. Baird upped their price objective on WABCO from $170.00 to $182.00 and gave the stock an “outperform” rating in a report on Friday, October 20th. Zacks Investment Research upgraded WABCO from a “hold” rating to a “buy” rating and set a $177.00 price objective for the company in a report on Thursday, January 25th. Finally, Piper Jaffray Companies restated a “buy” rating and set a $167.00 price objective on shares of WABCO in a report on Sunday, October 22nd. Five investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $160.67.

Shares of WABCO Holdings Inc. (NYSE WBC) opened at $140.11 on Tuesday. WABCO Holdings Inc. has a twelve month low of $110.52 and a twelve month high of $162.20. The stock has a market capitalization of $7,535.96, a price-to-earnings ratio of 22.16, a P/E/G ratio of 1.23 and a beta of 1.77. The company has a debt-to-equity ratio of 0.99, a current ratio of 3.00 and a quick ratio of 2.60.

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WABCO Company Profile

WABCO Holdings Inc is a supplier of electronic, mechanical, electro-mechanical and aerodynamic products for various manufacturers of commercial trucks, buses and trailers, as well as passenger cars. The Company engineers, develops, manufactures and sells braking, stability, suspension and transmission automation and air management systems primarily for commercial vehicles.

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Institutional Ownership by Quarter for WABCO (NYSE:WBC)

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