Thursday, 1 March 2018

Parametric Portfolio Associates Decreased Its Worthington Industries (WOR) Position; Granite Construction Has 1.25 Sentiment

Parametric Portfolio Associates Llc decreased Worthington Industries Inc (WOR) stake by 19.47% reported in 2017Q3 SEC filing. Parametric Portfolio Associates Llc sold 19,757 shares as Worthington Industries Inc (WOR)’s stock declined 16.41%. The Parametric Portfolio Associates Llc holds 81,738 shares with $3.76M value, down from 101,495 last quarter. Worthington Industries Inc now has $2.73 billion valuation. The stock decreased 3.34% or $1.53 during the last trading session, reaching $44.24. About 282,083 shares traded. Worthington Industries, Inc. (NYSE:WOR) has risen 17.54% since February 28, 2017 and is uptrending. It has outperformed by 0.84% the S&P500.

Granite Construction Incorporated operates as a heavy civil contractor and a construction materials producer in the United States. The company has market cap of $2.32 billion. The firm operates through three divisions: Construction, Large Project Construction, and Construction Materials. It has a 33.98 P/E ratio. The Construction segment undertakes various construction projects focusing on new construction and improvement of streets, roads, highways, bridges, site work, underground, power-related facilities, utilities, and other infrastructure projects.

Rutabaga Capital Management Llc Ma holds 3.17% of its portfolio in Granite Construction Incorporated for 256,755 shares. John G Ullman & Associates Inc owns 231,709 shares or 2.62% of their US portfolio. Moreover, Morgan Dempsey Capital Management Llc has 2.58% invested in the company for 131,884 shares. The Minnesota-based Next Century Growth Investors Llc has invested 2.05% in the stock. Qci Asset Management Inc Ny, a New York-based fund reported 294,005 shares.

Since January 1, 0001, it had 0 insider purchases, and 1 insider sale for $79,695 activity.

Analysts await Granite Construction Incorporated (NYSE:GVA) to report earnings on May, 1. They expect $-0.19 earnings per share, up 68.33% or $0.41 from last year’s $-0.6 per share. After $0.72 actual earnings per share reported by Granite Construction Incorporated for the previous quarter, Wall Street now forecasts -126.39% negative EPS growth.

The stock decreased 2.58% or $1.54 during the last trading session, reaching $58.1. About 317,457 shares traded or 12.95% up from the average. Granite Construction Incorporated (GVA) has risen 16.24% since February 28, 2017 and is uptrending. It has underperformed by 0.46% the S&P500.

Since October 19, 2017, it had 0 buys, and 2 sales for $669,380 activity. The insider BRINKMAN DALE T sold $332,180. LAMPRINAKOS JOHN G sold $337,200 worth of Worthington Industries, Inc. (NYSE:WOR) on Thursday, October 19.

Parametric Portfolio Associates Llc increased Ralph Lauren Corp (NYSE:RL) stake by 47,439 shares to 145,791 valued at $12.87 million in 2017Q3. It also upped Coloplast A/S Adr stake by 68,071 shares and now owns 1.16M shares. Kite Rlty Group Tr Com Reit (NYSE:KRG) was raised too.

Analysts await Worthington Industries, Inc. (NYSE:WOR) to report earnings on April, 4. They expect $0.76 EPS, up 38.18% or $0.21 from last year’s $0.55 per share. WOR’s profit will be $46.81 million for 14.55 P/E if the $0.76 EPS becomes a reality. After $0.65 actual EPS reported by Worthington Industries, Inc. for the previous quarter, Wall Street now forecasts 16.92% EPS growth.

Investors sentiment increased to 1.2 in 2017 Q3. Its up 0.41, from 0.79 in 2017Q2. It is positive, as 27 investors sold WOR shares while 63 reduced holdings. 38 funds opened positions while 70 raised stakes. 32.39 million shares or 0.52% less from 32.56 million shares in 2017Q2 were reported. Balyasny Asset Mgmt Ltd Liability Company owns 77,975 shares or 0.01% of their US portfolio. Peak6 Invests Limited Partnership owns 6,061 shares. Tiaa Cref Inv Mgmt Lc stated it has 255,615 shares or 0.01% of all its holdings. Pacad Ltd reported 18,200 shares. Bb&T Corporation has 0.04% invested in Worthington Industries, Inc. (NYSE:WOR) for 47,788 shares. Dowling & Yahnke Lc accumulated 5,154 shares or 0.02% of the stock. Cwm Ltd Liability Corporation invested in 0% or 190 shares. 11,000 were reported by Old Natl Bancorporation In. The United Kingdom-based Legal & General Gp Public Ltd Liability Corporation has invested 0% in Worthington Industries, Inc. (NYSE:WOR). Jefferies Grp Ltd Liability Company has 15,151 shares. Advsrs Asset Management Incorporated has 3,772 shares for 0% of their portfolio. Macquarie holds 0.08% of its portfolio in Worthington Industries, Inc. (NYSE:WOR) for 970,876 shares. Capital Fund Mgmt Sa has 111,951 shares. The Vermont-based Hanson & Doremus Investment Management has invested 0% in Worthington Industries, Inc. (NYSE:WOR). Budros Ruhlin Roe holds 0.15% or 10,915 shares.

Among 3 analysts covering Worthington Industries (NYSE:WOR), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Worthington Industries had 13 analyst reports since August 27, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Wednesday, June 14 by Jefferies. The rating was upgraded by Macquarie Research on Tuesday, March 14 to “Neutral”. Jefferies maintained Worthington Industries, Inc. (NYSE:WOR) rating on Thursday, September 29. Jefferies has “Hold” rating and $42 target. The rating was maintained by Jefferies on Thursday, March 30 with “Sell”. The firm earned “Neutral” rating on Thursday, March 24 by JP Morgan. As per Tuesday, April 4, the company rating was upgraded by Jefferies. Zacks downgraded Worthington Industries, Inc. (NYSE:WOR) on Thursday, August 27 to “Hold” rating. The stock has “Underperform” rating by Macquarie Research on Tuesday, November 29. The company was maintained on Wednesday, October 11 by Jefferies. The rating was maintained by Jefferies on Wednesday, September 6 with “Hold”.

The post Parametric Portfolio Associates Decreased Its Worthington Industries (WOR) Position; Granite Construction Has 1.25 Sentiment appeared first on Stock Market News | HillCountryTimes | Get it Today.



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