Noteworthy Ownership Action: Institutional Investors Are Betting On Pioneer Power Solutions Inc (NASDAQ:PPSI)

November 21, 2016 - By Peter Erickson   ·   0 Comments

Noteworthy Ownership Action: Institutional Investors Are Betting On Pioneer Power Solutions Inc (NASDAQ:PPSI)

Sentiment for Pioneer Power Solutions Inc (NASDAQ:PPSI)

Pioneer Power Solutions Inc (NASDAQ:PPSI) institutional sentiment decreased to 1.33 in Q2 2016. Its down -0.67, from 2 in 2016Q1. The ratio dived, as 4 funds started new and increased positions, while 2 sold and reduced their positions in Pioneer Power Solutions Inc. The funds in our partner’s database now own: 1.51 million shares, down from 1.52 million shares in 2016Q1. Also, the number of funds holding Pioneer Power Solutions Inc in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 1 Reduced: 1 Increased: 2 New Position: 2.

Pioneer Power Solutions, Inc. manufactures, sells and services a range of specialty electrical transmission, distribution and on-site power generation equipment for applications in the utility, industrial, commercial and backup power markets. The company has a market cap of $49.14 million. The Firm operates through two divisions: Transmission & Distribution Solutions and Critical Power Solutions (Critical Power). It currently has negative earnings. The T&D Solutions segment consists of two primary product categories: electrical transformers and switchgear.

About 5,156 shares traded hands. Pioneer Power Solutions, Inc. (NASDAQ:PPSI) has risen 16.00% since April 19, 2016 and is uptrending. It has outperformed by 12.14% the S&P500.

Analysts await Pioneer Power Solutions, Inc. (NASDAQ:PPSI) to report earnings on November, 28. They expect $0.16 earnings per share, up 433.33% or $0.13 from last year’s $0.03 per share. PPSI’s profit will be $1.40 million for 8.75 P/E if the $0.16 EPS becomes a reality. After $0.07 actual earnings per share reported by Pioneer Power Solutions, Inc. for the previous quarter, Wall Street now forecasts 128.57% EPS growth.

According to Zacks Investment Research, “Pioneer Power Solutions, Inc. is specialty manufacturer of electrical transmission and distribution equipment. The company provide solutions in the utility, industrial and commercial segments of the electrical transmission and distribution industry. It operates primarily in the U.S., Canada and Mexico. Pioneer Power Solutions, Inc. is headquartered in Fort Lee, New Jersey.”

First Wilshire Securities Management Inc holds 0.52% of its portfolio in Pioneer Power Solutions, Inc. for 301,710 shares. North Star Investment Management Corp. owns 437,780 shares or 0.43% of their US portfolio. Moreover, Perritt Capital Management Inc has 0.23% invested in the company for 163,900 shares. The Wisconsin-based Heartland Advisors Inc has invested 0.15% in the stock. Blackrock Fund Advisors, a California-based fund reported 969 shares.#img1#

Pioneer Power Solutions, Inc. (NASDAQ:PPSI) Ratings Coverage

Ratings analysis reveals 50% of Pioneer Power Solutions’s analysts are positive. Out of 2 Wall Street analysts rating Pioneer Power Solutions, 1 give it “Buy”, 1 “Sell” rating, while 0 recommend “Hold”. The lowest target is $6 while the high is $6. The stock’s average target of $6 is 7.14% above today’s ($5.6) share price. PPSI was included in 4 notes of analysts from October 16, 2015. TH Capital maintained Pioneer Power Solutions, Inc. (NASDAQ:PPSI) on Thursday, October 29 with “Buy” rating. The stock of Pioneer Power Solutions, Inc. (NASDAQ:PPSI) has “Sell” rating given on Friday, October 16 by TheStreet. The stock of Pioneer Power Solutions, Inc. (NASDAQ:PPSI) has “Buy” rating given on Thursday, October 29 by Roth Capital.

PPSI Company Profile

Pioneer Power Solutions, Inc., incorporated on November 25, 2009, makes, sells and services a range of specialty electrical transmission, distribution and on-site power generation equipment for applications in the utility, industrial, commercial and backup power markets. The Firm operates through two divisions: Transmission & Distribution Solutions (T&D Solutions) and Critical Power Solutions (Critical Power). The Company’s T&D Solutions business provides equipment solutions that help clients manage their electrical power distribution systems to desired specifications. The T&D Solutions segment consists of two primary product categories: electrical transformers and switchgear. These solutions are marketed principally through its Pioneer Transformers Ltd., Jefferson Electric, Inc. and Pioneer CEP brand names. The Company’s Critical Power business provides clients with power generation equipment, paralleling switchgear, related electrical distribution infrastructure, and a data collection and monitoring platform. The Critical Power segment consists of two primary product categories and one main service category: engine-generator sets, switchgear and controls, and preventative maintenance and monitoring services. These solutions are marketed by its activities in Minneapolis, doing business under the Pioneer Critical Power Inc. and Titan Energy Systems Inc. (Titan) brand names.

More notable recent Pioneer Power Solutions, Inc. (NASDAQ:PPSI) news were published by: Prnewswire.com which released: “Pioneer Power Solutions, Inc. to Announce 2016 Third Quarter Financial Results …” on November 01, 2016, also Prnewswire.com with their article: “Pioneer Power Solutions Announces $1.2 Million Tax Penalty Abatement” published on October 28, 2016, Valuewalk.com published: “Pioneer Power Solutions, Inc. (PPSI) Sees Significant Turnaround For 2016” on March 30, 2016. More interesting news about Pioneer Power Solutions, Inc. (NASDAQ:PPSI) were released by: Prnewswire.com and their article: “Pioneer Power Solutions Acquires Pacific Power Systems Integration, Inc.” published on August 03, 2015 as well as Prnewswire.com‘s news article titled: “Pioneer Announces Preliminary Fourth Quarter and Full-Year 2015 Results” with publication date: March 14, 2016.

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By Peter Erickson


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