Rpm International Inc (NYSE:RPM) Just Reported Increased Shorts

August 12, 2018 - By Theresa Judd

RPM International Inc. (NYSE:RPM) Logo

Investors sentiment decreased to 1.29 in 2018 Q1. Its down 0.07, from 1.36 in 2017Q4. It turned negative, as 29 investors sold RPM International Inc. shares while 107 reduced holdings. 51 funds opened positions while 125 raised stakes. 104.65 million shares or 6.66% more from 98.12 million shares in 2017Q4 were reported.
National Bank & Trust Of The West invested in 0.05% or 8,225 shares. Benedict Fincl Advsr reported 17,453 shares. The Ohio-based Park National Corporation Oh has invested 0.02% in RPM International Inc. (NYSE:RPM). Louisiana-based Louisiana State Employees Retirement Systems has invested 0.08% in RPM International Inc. (NYSE:RPM). Shine Inv Advisory Services Inc holds 0.01% of its portfolio in RPM International Inc. (NYSE:RPM) for 538 shares. Captrust Fincl Advisors reported 49 shares. Rathbone Brothers Public Ltd Company invested 0.02% in RPM International Inc. (NYSE:RPM). Asset owns 26,257 shares for 0.02% of their portfolio. Waddell Reed Fincl accumulated 198,572 shares. Boston Private Wealth Ltd Liability Co invested in 0.05% or 26,199 shares. 112,108 are owned by Carnegie Cap Asset Mgmt Limited Liability Com. Rmb Management Ltd Liability Corporation holds 0.11% of its portfolio in RPM International Inc. (NYSE:RPM) for 88,189 shares. Vident Inv Advisory Lc owns 21,476 shares. Duncker Streett Communications Incorporated has 2,200 shares. New York State Teachers Retirement holds 212,507 shares.

Since July 20, 2018, it had 1 buying transaction, and 2 sales for $136,850 activity. On Monday, July 23 the insider BALLBACH JOHN M bought $503,163. On Monday, July 23 the insider Nance Frederick R. sold $108,277.

The stock of Rpm International Inc (NYSE:RPM) registered an increase of 16.41% in short interest. RPM’s total short interest was 3.90M shares in August as published by FINRA. Its up 16.41% from 3.35 million shares, reported previously. With 1.01 million shares average volume, it will take short sellers 4 days to cover their RPM’s short positions. The short interest to Rpm International Inc’s float is 2.97%.

The stock decreased 0.30% or $0.19 during the last trading session, reaching $63.56. About 714,306 shares traded. RPM International Inc. (NYSE:RPM) has declined 4.66% since August 12, 2017 and is downtrending. It has underperformed by 17.23% the S&P500.

RPM International Inc. manufactures, markets, and sells specialty chemical products for industrial, specialty, and consumer markets worldwide. The company has market cap of $8.48 billion. The Company’s Industrial segment offers waterproofing, coatings, and institutional roofing systems; sealants, air barriers, tapes, and foams; residential home weatherization systems; roofing and building maintenance and related services; sealing and bonding solutions; flooring and in-plant glazing solutions; passive fire protection and manufacturing industry solutions; polymer flooring systems; and fiberglass reinforced plastic gratings and shapes. It has a 25.38 P/E ratio. This segment also offers corrosion-control coatings, containment linings, fire and sound proofing products, and insulation products; rolled asphalt roofing materials, chemical admixtures, and industrial epoxy flooring systems; concrete and masonry admixtures, concrete fibers, curing and sealing compounds, structural grouts, epoxy adhesives, floor hardeners and toppings, joint fillers, industrial and architectural coatings, decorative color/stains/stamps, and restoration materials, as well as specialty construction products.

RPM International Inc. (NYSE:RPM) Ratings Coverage

Among 8 analysts covering RPM International (NYSE:RPM), 4 have Buy rating, 1 Sell and 3 Hold. Therefore 50% are positive. RPM International had 11 analyst reports since February 14, 2018 according to SRatingsIntel. The stock of RPM International Inc. (NYSE:RPM) has “Hold” rating given on Friday, April 6 by Robert W. Baird. The rating was downgraded by J.P. Morgan on Friday, March 16 to “Sell”. The stock of RPM International Inc. (NYSE:RPM) earned “Buy” rating by Bank of America on Wednesday, July 18. On Tuesday, July 17 the stock rating was downgraded by Seaport Global to “Neutral”. The stock has “Buy” rating by BMO Capital Markets on Tuesday, March 27. Morgan Stanley maintained the shares of RPM in report on Friday, July 20 with “Overweight” rating. Seaport Global maintained the stock with “Buy” rating in Friday, April 6 report. The firm has “Outperform” rating given on Thursday, July 12 by BMO Capital Markets. The stock of RPM International Inc. (NYSE:RPM) earned “Buy” rating by Vertical Research on Wednesday, February 14. The stock of RPM International Inc. (NYSE:RPM) has “Underweight” rating given on Friday, March 16 by JP Morgan.

More recent RPM International Inc. (NYSE:RPM) news were published by: Crainscleveland.com which released: “RPM International creates chief talent officer position” on July 23, 2018. Also Seekingalpha.com published the news titled: “RPM International Moves Closer To The Sale Block” on July 19, 2018. Seekingalpha.com‘s news article titled: “RPM Is A Buy Even At Its High” with publication date: August 01, 2018 was also an interesting one.

RPM International Inc. (NYSE:RPM) Institutional Positions Chart

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