Economy

Altra Industrial Motion Corp. (NASDAQ:AIMC) Experiences Heavier than Average Trading Volume

The stock increased 0.93% or $0.45 on September 28, reaching $48.6. Investors of record on Monday, September 18th will be issued a $0.17 dividend. It has underperformed by 16.70% the S&P500. More interesting news about Altra Industrial Motion Corp (NASDAQ:AIMC) were released by: Gurufocus.com and their article: "Mitra Capital LLC Buys MarineMax Inc, Altra Industrial Motion Corp, Centene ..." published on August 14, 2017 as well as Nasdaq.com's news article titled: "Mitra Capital LLC Buys MarineMax Inc, Altra Industrial Motion Corp, Centene ..." with publication date: August 14, 2017. The 5 months bullish chart indicates low risk for the $1.42B company. The 1-year high was reported on Sep, 29 by Barchart.com. About 47,469 shares traded. ValuEngine upgraded Altra Industrial Motion Corp. from a "hold" rating to a "buy" rating in a research report on Friday, September 1st. It has outperformed by 46.38% the S&P500.

Since April 28, 2017, it had 0 insider buys, and 5 selling transactions for $2.95 million activity. Christenson Carl R sold $1.73M worth of stock. Schuele Craig sold $525,250 worth of stock. On Thursday, May 4 the insider McPherson Larry sold $209,559.

Shares of Altra Industrial Motion Corp.

The firm saw a rise in short interest between August 15, 2017 and August 31, 2017 of 1.40%. Its up 0.40, from 1.09 in 2017Q1. The ratio has increased, as 70 investment professionals started new and increased stock positions, while 47 cut down and sold stock positions in Altra Industrial Motion Corp. Thompson Davis & holds 648 shares or 0.04% of its portfolio. 1,000 shares were sold by Patriacca Todd, worth $42,003. Peak6 L P stated it has 0% of its portfolio in Altra Industrial Motion Corp (NASDAQ:AIMC). Alphaone Serv Limited holds 1.14% or 106,468 shares. Credit Suisse Ag, a Switzerland-based fund reported 38,271 shares. The value of the company's investment in Altra Industrial Motion Corp. decreased from $16,743,000 to $16,403,000 decreasing 2.0% for the reporting period. (NASDAQ:DXCM). Bb&T Secs Limited Liability Company reported 0.01% in DexCom, Inc. Anchor Bolt L P owns 596,563 shares for 0.93% of their portfolio. Maltese Capital Management Llc sold 11,100 shares as the company's stock declined 4.87% while stock markets rallied. (NASDAQ:CNBKA). Delphi Ma accumulated 10,845 shares or 0.38% of the stock. New England Research And Mngmt accumulated 4,376 shares. They were forecasting US$0.44 per share three months ago. Moreover, Northern has 0% invested in Altra Industrial Motion Corp (NASDAQ:AIMC). Wells Fargo & Mn invested in 0.01% or 588,631 shares.

According to Zacks brokerage recommendations, Altra Industrial Motion Corp. The firm has a market capitalization of $1.41 billion, a PE ratio of 40.22 and a beta of 1.64. The Company operates through three segments: Couplings, Clutches and Brakes; Electromagnetic Clutches and Brakes, and Gearing. It makes a range of couplings suitable for various industrial and specialty applications. Brinker Capital invested 0.02% in Altra Industrial Motion Corp (NASDAQ:AIMC). During the same period in the prior year, the company earned $0.42 EPS. AIMC's profit will be $13.46 million for 26.38 P/E if the $0.46 EPS becomes a reality. After having $-0.01 EPS previously, Obsidian Energy Ltd's analysts see 100.00% EPS growth. (NASDAQ:AIMC)'s Buy count is 0 and Strong Buy is 2 while the number of analysts recommending Sell and Strong Sell are 0 and 3, respectively. Therefore 33% are positive. (NASDAQ:DXCM) hit a new 52-week low and has $41.10 target or 6.00% below today's $43.72 share price. AIMC was included in 7 notes of analysts from February 4, 2016. The stock has "Outperform" rating by Oppenheimer on Monday, December 19. BMO Capital Markets maintained Altra Industrial Motion Corp (NASDAQ:AIMC) on Wednesday, September 6 with "Buy" rating.

Aristotle Capital Boston Llc increased Altra Indl Motion Corp (AIMC) stake by 14.37% reported in 2017Q2 SEC filing. The firm earned "Buy" rating on Tuesday, June 27 by BMO Capital Markets. Panagora Asset has 0% invested in Altra Industrial Motion Corp (NASDAQ:AIMC) for 2,917 shares. Therefore 50% are positive. The firm has "Outperform" rating by BMO Capital Markets given on Wednesday, July 26. The rating was maintained by Robert W. Baird with "Hold" on Friday, September 8. The company was initiated on Thursday, October 15 by JP Morgan. The rating was downgraded by SunTrust on Friday, November 13 to "Neutral". The company was maintained on Tuesday, July 25 by RBC Capital Markets.

Investors sentiment increased to 1.49 in 2017 Q2. Its down 0.04, from 1.33 in 2017Q1. Citadel Advisors Lc has invested 0% of its portfolio in Altra Industrial Motion Corp (NASDAQ:AIMC). 5 funds opened positions while 26 raised stakes.

Glob X Limited Liability reported 960 shares. Franklin Res holds 0.26% or 12.14M shares in its portfolio. Tower Capital Lc (Trc) holds 0.04% or 5,310 shares in its portfolio. Bluestein R H Company holds 0.02% in Sensata Technologies Holding N.V. (NYSE:ST) or 10,000 shares. Goodnow Grp Inc Ltd Llc holds 0.93% of its portfolio in Sensata Technologies Holding N.V. (NYSE:ST) for 104,125 shares. (NASDAQ:DXCM). 29,470 were reported by Gulf Savings Bank (Uk) Ltd. Banque Pictet & Cie invested in 0.05% or 29,900 shares. Us Bancshares De owns 7,380 shares. It is 0.00% or $0 reaching $48.6 per share.

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