Ownership Change to Note: Clean Diesel Technologies Inc (NASDAQ:CDTI) Institutional Investor Positioning

November 18, 2016 - By Adrian Mccoy   ·   0 Comments

Ownership Change to Note: Clean Diesel Technologies Inc (NASDAQ:CDTI) Institutional Investor Positioning

Sentiment for Clean Diesel Technologies Inc (NASDAQ:CDTI)

Clean Diesel Technologies Inc (NASDAQ:CDTI) institutional sentiment decreased to 0 in Q2 2016. Its down -1.00, from 1 in 2016Q1. The ratio is negative, as 6 institutional investors started new and increased stock positions, while 6 sold and reduced stakes in Clean Diesel Technologies Inc. The institutional investors in our partner’s database reported: 398,596 shares, down from 569,451 shares in 2016Q1. Also, the number of institutional investors holding Clean Diesel Technologies Inc in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 4 Reduced: 2 Increased: 2 New Position: 4.

Clean Diesel Technologies, Inc. commercializes its material technology by manufacturing and distributing light duty vehicle catalysts, and heavy duty diesel emissions control systems and products to automakers, distributors, integrators and retrofitters. The company has a market cap of $8.86 million. The Firm operates through two business division divisions: Catalyst, which develops and produces catalysts to reduce emissions from gasoline, diesel and natural gas combustion engines, and Heavy Duty Diesel Systems, which creates and makes verified exhaust emissions control solutions for a range of heavy duty diesel applications. It currently has negative earnings. It develops materials incorporating various base metals that replace platinum group metals and rare earth metals in coatings on vehicle catalytic converters.

The stock decreased 4.64% or $0.11 on November 17, hitting $2.26. Clean Diesel Technologies, Inc. (NASDAQ:CDTI) has declined 28.75% since April 18, 2016 and is downtrending. It has underperformed by 33.18% the S&P500.

According to Zacks Investment Research, “Clean Diesel Technologies, Inc., along with its wholly-owned subsidiary, Clean Diesel International, LLC, is a clean energy and environmental technology company that provides innovative solutions for emissions control and energy conservation. Clean Diesel Technologies’ patented technologies, products and solutions enable cost-effective reduction of harmful emissions from internal combustion engines while also improving fuel economy and power. Products include Platinum Plus fuel-borne catalysts, the Platinum Plus Purifier Systems, the ARIS urea injection systems for selective catalytic reduction of NOx, diesel particulate filter and biofuels technologies. Their products are now in commercial use around the world. Platinum Plus and ARIS are registered trademarks of Clean Diesel Technologies, Inc.”

Bank Of America Corp De holds 0% of its portfolio in Clean Diesel Technologies, Inc. for 14,519 shares. Blackrock Fund Advisors owns 4,549 shares or 0% of their US portfolio. Moreover, California Public Employees Retirement System has 0% invested in the company for 16,533 shares. The Kansas-based Creative Planning has invested 0% in the stock. Deutsche Bank Ag, a Germany-based fund reported 1,275 shares.#img1#

Clean Diesel Technologies, Inc. (NASDAQ:CDTI) Ratings Coverage

Ratings analysis reveals 60% of Clean Diesel’s analysts are positive. Out of 5 Wall Street analysts rating Clean Diesel, 3 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $0.75 while the high is $6. The stock’s average target of $2.85 is 26.11% above today’s ($2.26) share price. CDTI was included in 8 notes of analysts from August 17, 2015. The company was downgraded on Monday, November 16 by Roth Capital. On Monday, November 16 the stock rating was downgraded by TH Capital to “Neutral”. On Tuesday, October 20 the stock rating was initiated by H.C. Wainwright with “Buy”. Lake Street maintained the stock with “Buy” rating in Tuesday, November 15 report. Rodman and Renshaw initiated the shares of CDTI in a report on Tuesday, October 20 with “Buy” rating. The stock of Clean Diesel Technologies, Inc. (NASDAQ:CDTI) earned “Buy” rating by Lake Street on Wednesday, October 14. Roth Capital maintained the stock with “Neutral” rating in Thursday, April 14 report.

CDTI Company Profile

Clean Diesel Technologies, Inc., incorporated on January 19, 1994, commercializes its material technology by manufacturing and distributing light duty vehicle catalysts, and heavy duty diesel emissions control systems and products to automakers, distributors, integrators and retrofitters. The Firm operates through two business division divisions: Catalyst and Heavy Duty Diesel Systems. The Firm has activities in the United States, Canada, the United Kingdom, France, Japan and Sweden, as well as an Asian investment. It develops materials incorporating various base metals that replace platinum group metals (PGM) and rare earth metals in coatings on vehicle catalytic converters.

Another recent and important Clean Diesel Technologies, Inc. (NASDAQ:CDTI) news was published by Reuters.com which published an article titled: “BRIEF-Clean Diesel Technologies Q3 loss per share $2.45” on November 14, 2016.

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By Adrian Mccoy


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