Hourglass Capital, Llc Buys Valley National Bancorp, United Continental Holdings Inc, Federated Investors Inc, Sells Ford Motor Co, Ensco PLC, Scorpio Bulkers Inc

• New Purchases: VLY, UAL, CXW, PAA, WBA, WYND, EMR, AMGN, ETN,
• Added Positions: FII, AAL, XOM, HCA, WDC, KSS, TGNA, DWDP, VIAB, SPY,
• Reduced Positions: F, ESV, SALT, BP, WY, RDS.B, DAL, MS, BAC, SIX,
• Sold Out: UN,

For the details of HOURGLASS CAPITAL, LLC's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=HOURGLASS+CAPITAL%2C+LLC

1. Cisco Systems Inc (CSCO) - 324,874 shares, 4.1% of the total portfolio. Shares reduced by 6.11%
2. Weyerhaeuser Co (WY) - 422,306 shares, 3.53% of the total portfolio. Shares reduced by 9.42%
3. Intel Corp (INTC) - 253,677 shares, 3.11% of the total portfolio. Shares reduced by 4.82%
4. American Airlines Group Inc (AAL) - 281,916 shares, 3.02% of the total portfolio. Shares added by 19.70%
5. Apple Inc (AAPL) - 50,362 shares, 2.95% of the total portfolio. Shares reduced by 3.05%

Hourglass Capital, Llc initiated holding in Valley National Bancorp. The purchase prices were between $11.25 and $13.04, with an estimated average price of $12.07. The stock is now traded at around $10.08. The impact to a portfolio due to this purchase was 1.22%. The holding were 416,710 shares as of 2018-09-30.

Hourglass Capital, Llc initiated holding in United Continental Holdings Inc. The purchase prices were between $68.88 and $90.33, with an estimated average price of $82.36. The stock is now traded at around $93.02. The impact to a portfolio due to this purchase was 1.18%. The holding were 50,891 shares as of 2018-09-30.

Hourglass Capital, Llc initiated holding in CoreCivic Inc. The purchase prices were between $23.57 and $25.96, with an estimated average price of $24.98. The stock is now traded at around $22.12. The impact to a portfolio due to this purchase was 0.6%. The holding were 94,720 shares as of 2018-09-30.

Hourglass Capital, Llc initiated holding in Wyndham Destinations Inc. The purchase prices were between $40.21 and $47.02, with an estimated average price of $44.34. The stock is now traded at around $41.95. The impact to a portfolio due to this purchase was 0.07%. The holding were 6,080 shares as of 2018-09-30.

Hourglass Capital, Llc initiated holding in Plains All American Pipeline LP. The purchase prices were between $23 and $27.56, with an estimated average price of $25.17. The stock is now traded at around $22.86. The impact to a portfolio due to this purchase was 0.07%. The holding were 10,825 shares as of 2018-09-30.

Hourglass Capital, Llc initiated holding in Walgreens Boots Alliance Inc. The purchase prices were between $60.76 and $73.81, with an estimated average price of $67.9. The stock is now traded at around $82.66. The impact to a portfolio due to this purchase was 0.07%. The holding were 3,950 shares as of 2018-09-30.

Hourglass Capital, Llc added to a holding in Federated Investors Inc by 91.56%. The purchase prices were between $22.37 and $25.17, with an estimated average price of $23.52. The stock is now traded at around $24.77. The impact to a portfolio due to this purchase was 0.74%. The holding were 247,290 shares as of 2018-09-30.

Hourglass Capital, Llc added to a holding in Tegna Inc by 22.81%. The purchase prices were between $10.53 and $12.22, with an estimated average price of $11.35. The stock is now traded at around $12.74. The impact to a portfolio due to this purchase was 0.02%. The holding were 30,150 shares as of 2018-09-30.

Hourglass Capital, Llc added to a holding in Western Digital Corp by 22.80%. The purchase prices were between $54.98 and $80.08, with an estimated average price of $67.11. The stock is now traded at around $46.17. The impact to a portfolio due to this purchase was 0.02%. The holding were 6,840 shares as of 2018-09-30.

Hourglass Capital, Llc sold out a holding in Unilever NV. The sale prices were between $55.06 and $58.39, with an estimated average price of $56.6.

Hourglass Capital, Llc reduced to a holding in Ford Motor Co by 96.64%. The sale prices were between $9.23 and $11.25, with an estimated average price of $10. The stock is now traded at around $9.61. The impact to a portfolio due to this sale was -0.92%. Hourglass Capital, Llc still held 11,500 shares as of 2018-09-30.

Hourglass Capital, Llc reduced to a holding in Ensco PLC by 29.29%. The sale prices were between $6.16 and $8.54, with an estimated average price of $7.15. The stock is now traded at around $6.53. The impact to a portfolio due to this sale was -0.61%. Hourglass Capital, Llc still held 802,680 shares as of 2018-09-30.

Hourglass Capital, Llc reduced to a holding in Scorpio Bulkers Inc by 30%. The sale prices were between $6.45 and $7.55, with an estimated average price of $7.01. The stock is now traded at around $5.98. The impact to a portfolio due to this sale was -0.56%. Hourglass Capital, Llc still held 735,000 shares as of 2018-09-30.

Hourglass Capital, Llc reduced to a holding in Delta Air Lines Inc by 28.3%. The sale prices were between $48.78 and $59.61, with an estimated average price of $55.06. The stock is now traded at around $57.00. The impact to a portfolio due to this sale was -0.3%. Hourglass Capital, Llc still held 61,575 shares as of 2018-09-30.

Hourglass Capital, Llc reduced to a holding in Bank of America Corporation by 37.07%. The sale prices were between $27.78 and $31.8, with an estimated average price of $30.46. The stock is now traded at around $28.63. The impact to a portfolio due to this sale was -0.28%. Hourglass Capital, Llc still held 67,900 shares as of 2018-09-30.

Hourglass Capital, Llc reduced to a holding in Freeport-McMoRan Inc by 22.14%. The sale prices were between $13.04 and $18.11, with an estimated average price of $15.11. The stock is now traded at around $11.38. The impact to a portfolio due to this sale was -0.13%. Hourglass Capital, Llc still held 105,500 shares as of 2018-09-30.