MatsonsMATX
Market Cap: $4.22B
About: Matson Inc is engaged in providing ocean transportation and logistics services. The business segments of the company are Ocean Transportation which provides ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska, California, Okinawa, and different islands in the South Pacific, and Logistics segment which offers long haul and regional highway trucking services, warehousing and distribution services, supply chain management, and freight forwarding services. The firm generates the majority of its revenue from Ocean Transportation segment.
Employees: 4,315
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
62% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 39
33% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 4 (+1) [Q2]
15% more repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 108
13% more capital invested
Capital invested by funds: $3.31B [Q1] → $3.76B (+$445M) [Q2]
7% more funds holding
Funds holding: 328 [Q1] → 352 (+24) [Q2]
5% more call options, than puts
Call options by funds: $47.2M | Put options by funds: $45M
1.53% less ownership
Funds ownership: 85.5% [Q1] → 83.96% (-1.53%) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Stephens & Co. Jack Atkins 80% 1-year accuracy 8 / 10 met price target | 27%upside $160 | Overweight Maintained | 2 Aug 2024 |
Financial journalist opinion
Based on 3 articles about MATX published over the past 30 days