China Automotive Systems Inc (NASDAQ:CAAS) Institutional Investors Sentiment Unchanged in 2017 Q2

November 21, 2017 - By Nellie Frank

 China Automotive Systems Inc (NASDAQ:CAAS) Institutional Investors Sentiment Unchanged in  2017 Q2

Sentiment for China Automotive Systems Inc (NASDAQ:CAAS)

China Automotive Systems Inc (NASDAQ:CAAS) institutional sentiment increased to 1 in 2017 Q2. Its up 0.40, from 0.6 in 2017Q1. The ratio is better, as 9 investment professionals started new or increased equity positions, while 9 reduced and sold their positions in China Automotive Systems Inc. The investment professionals in our partner’s database now hold: 1.39 million shares, down from 1.46 million shares in 2017Q1. Also, the number of investment professionals holding China Automotive Systems Inc in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 4 Reduced: 5 Increased: 5 New Position: 4.

China Automotive Systems, Inc., is a holding company. The company has market cap of $161.71 million. The Company, through its subsidiary, Great Genesis Holdings Limited (Genesis), owns interests in over eight Sino-joint ventures and over five subsidiaries in the People’s Republic of China (PRC), which manufacture power steering systems and/or related products for various divisions of the automobile industry. It has a 6.36 P/E ratio. Genesis also owns interests in a Brazil trading company, which engages mainly in the import and sales of automotive parts in Brazil.

About 3,795 shares traded. China Automotive Systems, Inc. (NASDAQ:CAAS) has risen 28.50% since November 21, 2016 and is uptrending. It has outperformed by 11.80% the S&P500.

Analysts expect China Automotive Systems, Inc. (NASDAQ:CAAS) to report $0.23 EPS on March, 29.They anticipate $0.05 EPS change or 27.78 % from last quarter’s $0.18 EPS. CAAS’s profit would be $7.28 million giving it 5.55 P/E if the $0.23 EPS is correct. After having $0.16 EPS previously, China Automotive Systems, Inc.’s analysts see 43.75 % EPS growth.

Stuyvesant Capital Management holds 0.45% of its portfolio in China Automotive Systems, Inc. for 46,807 shares. Hanson & Doremus Investment Management owns 86,545 shares or 0.15% of their US portfolio. Moreover, Sensato Investors Llc has 0.08% invested in the company for 63,563 shares. The Texas-based Bridgeway Capital Management Inc has invested 0.01% in the stock. Spark Investment Management Llc, a New York-based fund reported 47,300 shares.#img1#

More notable recent China Automotive Systems, Inc. (NASDAQ:CAAS) news were published by: Prnewswire.com which released: “China Automotive Systems, Inc. Announces Receipt of Revised Proposal” on August 31, 2017, also Seekingalpha.com with their article: “China Automotive Systems’ (CAAS) Management on Q2 2017 Results – Earnings Call …” published on August 10, 2017, Prnewswire.com published: “China Automotive Systems Reports 25.2% Net Sales Growth in the 2017 Third Quarter” on November 09, 2017. More interesting news about China Automotive Systems, Inc. (NASDAQ:CAAS) were released by: Prnewswire.com and their article: “China Automotive Systems, Inc. Announces Receipt of Preliminary Non-Binding …” published on May 15, 2017 as well as Seekingalpha.com‘s news article titled: “China Automotive Systems’ Buyout Price Should Be Raised To At Least $7.50” with publication date: June 13, 2017.

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