Chicago Bridge & Iron (NYSE:CBI) Stock Rating Lowered by DA Davidson

Sunday, 14 Jan, 2018

Fairpointe Capital LLC now owns 4,048,371 shares of the construction company's stock worth $79,875,000 after acquiring an additional 1,196,110 shares in the last quarter. Towle & Co bought 326,478 shares as the company's stock declined 38.73% while stock markets rallied.

Chicago Bridge & Iron (NYSE:CBI) traded up $0.32 on Tuesday, hitting $19.01. It has underperformed by 59.46% the S&P500. The institutional investor held 2,357 shares of the consumer services company at the end of 2017Q3, valued at $2.27M, up from 259 at the end of the previous reported quarter. Towle & Co who had been investing in Skywest Inc for a number of months, seems to be less bullish one the $2.84 billion market cap company. The stock has a market capitalization of $1,930.00, a PE ratio of -1.98, a P/E/G ratio of 1.09 and a beta of 2.22. About 1.44M shares traded. Enerplus Corporation (NYSE:ERF) has risen 69.92% since January 13, 2017 and is uptrending. It has outperformed by 31.47% the S&P500. Following the completion of the sale, the executive vice president now directly owns 104,964 shares in the company, valued at $1,709,863.56. It also reduced Bce Inc (NYSE:BCE) stake by 20,000 shares and now owns 1.16 million shares.

Investors sentiment decreased to 1 in Q3 2017. Its up 0.31, from 0.74 in 2017Q2.

Several other large investors also recently bought and sold shares of CBI. The Company provides various services, such as conceptual design, technology, engineering, procurement, fabrication, modularization, construction, commissioning, maintenance, program management and environmental services. State Street accumulated 4.82M shares or 0.01% of the stock. Commonwealth Bancorporation Of Aus stated it has 0% in Chicago Bridge & Iron Company N.V. (NYSE:CBI). Parametric Associates Ltd Liability Corporation invested in 0.03% or 649,601 shares. Invesco Limited reported 0% in Chicago Bridge & Iron Company N.V. (NYSE:CBI). The lowest target is $10.0 while the high is $60. Sir Cap Mgmt Lp holds 452,443 shares. Letko Brosseau & Inc holds 6,500 shares. Aperio Grp Ltd Liability, a California-based fund reported 19,532 shares. Deroy & Devereaux Private Inv Counsel owns 0.07% invested in Chicago Bridge & Iron Company N.V. (NYSE:CBI) for 38,000 shares. (NYSE:DVA). Sumitomo Mitsui Asset Management Limited has invested 0.01% in DaVita Inc. Federated Investors Pa reported 8,605 shares stake. During the same period last year, the firm earned $1.20 EPS. equities research analysts predict that Chicago Bridge & Iron will post -1.98 earnings per share for the current fiscal year. Therefore 100% are positive. MKM Partners set a $43.00 price target on Chicago Bridge & Iron Company N.V. and gave the company a "buy" rating in a research report on Tuesday, November 22nd. The firm earned "Buy" rating on Monday, November 9 by UBS. Valley National Advisers has invested 0% in Chicago Bridge & Iron Company N.V. (NYSE:CBI). The company was upgraded on Wednesday, October 28 by Tudor Pickering. ValuEngine raised Chicago Bridge & Iron from a "strong sell" rating to a "sell" rating in a research note on Monday, October 2nd. Zacks upgraded the shares of CBI in report on Wednesday, September 2 to "Buy" rating. BMO Capital Markets maintained it with "Hold" rating and $4500 target in Thursday, August 3 report. (NYSE:MRC). Dimensional Fund Advsrs Limited Partnership holds 3.98M shares. Robert W. Baird maintained the stock with "Hold" rating in Wednesday, January 3 report. The company was downgraded on Wednesday, August 16 by Jefferies.

Investors sentiment decreased to 1.26 in Q3 2017.

Since December 13, 2017, it had 1 buy, and 0 sales for $120,064 activity. 66 funds opened positions while 209 raised stakes. 159.24 million shares or 1.31% more from 157.19 million shares in 2017Q2 were reported. Panagora Asset Mngmt Inc reported 8,337 shares. Moreover, Blackrock Incorporated has 0.01% invested in SkyWest, Inc. (NASDAQ:SKYW) for 13,947 shares. Paradigm Advsr Ltd Company has 357 shares. Old Mutual Customised Solutions (Proprietary) Ltd, a South Africa-based fund reported 3,600 shares. Ameriprise Financial invested in 0% or 92,482 shares. Cullinan Associate holds 0.11% or 1,500 shares in its portfolio. (NASDAQ:SKYW). Regions Financial reported 11,262 shares. Financial Bank Of America Corp De, a North Carolina-based fund reported 285,067 shares. Northeast Consultants Inc holds 0.08% or 4,783 shares in its portfolio. California Pub Employees Retirement Systems stated it has 0.04% in DaVita Inc. (NASDAQ:CSCO) by 9,422 shares in the quarter, leaving it with 131,791 shares, and cut its stake in Paypal Holdings Inc.

Hikari Power Ltd, which manages about $773.50M US Long portfolio, upped its stake in Berkshire Hathaway Inc (BRKA) by 5 shares to 704 shares, valued at $193.42M in 2017Q3, according to the filing. Therefore 33% are positive. The stock has "Market Perform" rating by FirstEnergy Capital on Monday, August 10. The stock of, Inc. The firm has "Neutral" rating by Macquarie Research given on Friday, January 8. Deutsche Bank has "Buy" rating and $20 target.

Among 6 analysts covering Enerplus Corp (NYSE:ERF), 6 have Buy rating, 0 Sell and 0 Hold. On Friday, October 20 the stock rating was maintained by Robert W. Baird with "Hold". The rating was downgraded by DA Davidson to "Neutral" on Tuesday, December 19. As per Thursday, December 14, the company rating was maintained by Guggenheim.

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