Economy

Columbus McKinnon Corporation (CMCO) Position Raised by Systematic Financial Management LP

State Street Corp owns 334,187 shares. In the last earnings report the EPS was $0.66 and is projected to be $1.90 for the current year with 22,625,000 shares now outstanding. The stock increased 0.40% or $0.5 on September 15, reaching $124.05. As of the end of the quarter Aristotle Capital Boston, LLC had bought a total of 17,035 shares growing its holdings by 4.9%. It has underperformed by 25.18% the S&P500. (NASDAQ:CMCO). Price Michael F has 0.51% invested in Columbus McKinnon Corp. Also, VP Alan S. Korman sold 2,500 shares of the business's stock in a transaction that occurred on Monday, September 11th. Spitfire Capital Llc who had been investing in Columbus Mckinnon Corp N Y for a number of months, seems to be less bullish one the $749.35 million market cap company. The firm has a 50 day moving average price of $27.16 and a 200 day moving average price of $22.22.

Traders are more bearish on Columbus McKinnon Corporation recently if you take into consideration the motion in short interest. It has outperformed by 52.14% the S&P500. Seaport Global Securities downgraded the shares of CMCO in report on Monday, January 18 to "Neutral" rating. They expect $-0.10 EPS, up 41.18% or $0.07 from last year's $-0.17 per share. CMCO's profit will be $10.18 million for 18.40 P/E if the $0.45 EPS becomes a reality. Therefore 75% are positive. Columbus McKinnon had 8 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has "Buy" rating by Sidoti given on Wednesday, July 29. Sidoti downgraded the shares of CMCO in report on Wednesday, December 7 to "Neutral" rating. Seaport Global Securities downgraded the stock to "Neutral" rating in Friday, January 15 report. One analyst has rated the stock with a sell recommendation, four have given a buy recommendation and one has assigned a strong buy recommendation to the company. The rating was initiated by Roth Capital on Friday, July 28 with "Buy". The company presently has a consensus rating of "Buy" and a consensus target price of $34.50. JPMorgan Chase & Co. boosted its position in Columbus McKinnon Corporation by 11.5% in the second quarter. (NASDAQ:CMCO) on Thursday, June 1. Principal Financial Group Inc. now owns 298,220 shares of the industrial products company's stock valued at $7,581,000 after purchasing an additional 38,627 shares in the last quarter.

Investors sentiment decreased to 1.05 in Q4 2016. Systematic Financial Management LP owned 0.36% of Columbus McKinnon Corporation worth $1,989,000 at the end of the most recent quarter. It is negative, as 60 investors sold Verizon Communications Inc. shares while 658 reduced holdings. 31 funds opened positions while 41 raised stakes. Thompson Siegel And Walmsley Lc stated it has 0% in Columbus McKinnon Corp.

Among 4 analysts covering Columbus McKinnon (NASDAQ:CMCO), 3 have Buy rating, 1 Sell and 0 Hold. Alan S. Korman, VP, Gen'l Counsel & Secretary disclosed the sale of 1,000 shares of CMCO stock. Finally, ValuEngine lowered Columbus McKinnon Corporation from a "buy" rating to a "hold" rating in a research note on Tuesday, August 1st. (NASDAQ:CMCO) for 13,263 shares. Metropolitan Life New York holds 0% or 14,412 shares. Zurcher Kantonalbank (Zurich Cantonalbank) reported 608 shares. Nationwide Fund owns 0% invested in Columbus McKinnon Corp. (NASDAQ:CMCO) shares. $142,829 worth of Columbus McKinnon Corp. Seaport Global Securities upgraded Columbus McKinnon Corp. (NASDAQ:CMCO). Martingale Asset Mngmt Limited Partnership holds 0.02% or 47,026 shares. (NYSE:VZ). Rech Glob invested in 141.33 million shares or 2.45% of the stock.

Since June 1, 2017, it had 0 insider purchases, and 4 insider sales for $266,781 activity. Columbus McKinnon Corporation had a return on equity of 10.30% and a net margin of 2.06%. Columbus McKinnon Corporation's payout ratio is 25.00%. (NASDAQ:CMCO) were released by: Buffalonews.com and their article: "Columbus McKinnon to raise $47 million in stock sale" published on December 19, 2016 as well as Nasdaq.com's news article titled: "Columbus McKinnon Corporation (CMCO) Ex-Dividend Date Scheduled for August 09 ..." with publication date: August 08, 2017.

Investors sentiment decreased to 1.05 in 2016 Q4. Its down 0.30, from 0.97 in 2016Q3. It improved, as 59 investors sold FISV shares while 308 reduced holdings. 64 funds opened positions while 173 raised stakes. Hugh Johnson Advsr Ltd owns 67,129 shares. Somerset Gp Limited Liability accumulated 3.94% or 72,237 shares. 7,708 are held by Rodgers Brothers. First Utd Commercial Bank Trust holds 44,567 shares. Fca Corporation Tx holds 8,161 shares. Fred Alger Management reported 213,345 shares stake. Tirschwell And Loewy has 114,700 shares. Blackrock Group Limited reported 9,624 shares. Blume Mgmt has invested 3.91% in Wells Fargo & Co (NYSE:WFC).

Tributary Capital Management Llc decreased Fiserv Inc (FISV) stake by 20.87% reported in 2016Q4 SEC filing. (NYSE:VZ) for 26,705 shares. On average, equities research analysts forecast that Columbus McKinnon Corporation will post $1.90 EPS for the current fiscal year. Therefore 43% are positive. Layne Christensen had 6 analyst reports since August 18, 2015 according to SRatingsIntel. The rating was maintained by Robert W. Baird on Wednesday, September 6 with "Buy". Jefferies maintained Fiserv Inc (NASDAQ:FISV) on Thursday, August 4 with "Buy" rating. The firm has "Hold" rating by BMO Capital Markets given on Sunday, July 30. On Friday, October 16 the stock rating was maintained by RBC Capital Markets with "Outperform". Also, Director Timothy T. Tevens sold 45,172 shares of the firm's stock in a transaction that occurred on Tuesday, August 8th. The shares were sold on August 28th for an average price of $32.00. TheStreet lowered Columbus McKinnon Corporation from a "b-" rating to a "c" rating in a research note on Wednesday, May 31st. RBC Capital Markets has "Hold" rating and $12800 target. HSBC initiated the shares of VZ in report on Thursday, January 19 with "Buy" rating.



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