Analysts See $0.29 EPS for Columbus McKinnon Corp. (CMCO), London Co Of Virginia Cut Ball (BLL) Position

July 17, 2017 - By Stephen Andrade

Analysts expect Columbus McKinnon Corp. (NASDAQ:CMCO) to report $0.29 EPS on August, 1 before the open.They anticipate $0.05 EPS change or 14.71% from last quarter’s $0.34 EPS. CMCO’s profit would be $6.63M giving it 22.33 P/E if the $0.29 EPS is correct. After having $0.40 EPS previously, Columbus McKinnon Corp.’s analysts see -27.50% EPS growth. About 217,860 shares traded or 52.07% up from the average. Columbus McKinnon Corp. (NASDAQ:CMCO) has risen 68.84% since July 17, 2016 and is uptrending. It has outperformed by 52.14% the S&P500.

London Co Of Virginia decreased Ball Corp (BLL) stake by 5.92% reported in 2016Q4 SEC filing. London Co Of Virginia sold 29,364 shares as Ball Corp (BLL)’s stock rose 9.29%. The London Co Of Virginia holds 466,532 shares with $35.02M value, down from 495,896 last quarter. Ball Corp now has $15.02B valuation. The stock rose 0.71% or $0.3 reaching $42.39. About 701,927 shares traded. Ball Corporation (NYSE:BLL) has risen 12.13% since July 17, 2016 and is uptrending. It has underperformed by 4.57% the S&P500.

London Co Of Virginia increased Pfizer Inc (NYSE:PFE) stake by 824,002 shares to 6.64 million valued at $215.58M in 2016Q4. It also upped Norfolk Southern Corp (NYSE:NSC) stake by 266,957 shares and now owns 3.71M shares. Verizon Communications Inc (NYSE:VZ) was raised too.

Investors sentiment decreased to 0.98 in Q4 2016. Its down 0.34, from 1.32 in 2016Q3. It is negative, as 43 investors sold BLL shares while 138 reduced holdings. 48 funds opened positions while 130 raised stakes. 143.12 million shares or 4.22% more from 137.32 million shares in 2016Q3 were reported. Macquarie Group holds 0% in Ball Corporation (NYSE:BLL) or 3,900 shares. Pub Employees Retirement Association Of Colorado has 0.02% invested in Ball Corporation (NYSE:BLL). Brown Advisory reported 0.08% in Ball Corporation (NYSE:BLL). New Mexico Educational Retirement Board stated it has 0.06% in Ball Corporation (NYSE:BLL). Fragasso Gp reported 20,672 shares stake. Balyasny Asset reported 101,035 shares stake. 496 are held by Piedmont Advisors Limited Liability Corp. Old Bankshares In has invested 1.15% of its portfolio in Ball Corporation (NYSE:BLL). Raymond James Financial Advsrs has 45,808 shares. Moreover, Burney has 1.3% invested in Ball Corporation (NYSE:BLL). Lord Abbett & Limited Com has 69,062 shares for 0.02% of their portfolio. California State Teachers Retirement System holds 0.05% or 355,336 shares in its portfolio. Cetera Lc invested in 5,413 shares or 0.03% of the stock. Daiwa Grp Inc holds 4,338 shares or 0% of its portfolio. New York State Teachers Retirement reported 236,760 shares or 0.05% of all its holdings.

Among 9 analysts covering Ball Corporation (NYSE:BLL), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. Ball Corporation had 19 analyst reports since October 15, 2015 according to SRatingsIntel. Vertical Research downgraded the stock to “Hold” rating in Friday, August 5 report. The rating was maintained by BMO Capital Markets on Thursday, April 13 with “Hold”. The rating was maintained by BMO Capital Markets on Friday, July 7 with “Hold”. As per Friday, July 14, the company rating was maintained by Jefferies. The company was upgraded on Thursday, December 3 by Wells Fargo. Citigroup initiated Ball Corporation (NYSE:BLL) rating on Friday, July 29. Citigroup has “Neutral” rating and $77 target. The firm earned “Outperform” rating on Tuesday, November 10 by Macquarie Research. The firm has “Buy” rating given on Friday, June 23 by Jefferies. The company was upgraded on Thursday, March 31 by JP Morgan. The firm has “Neutral” rating given on Friday, August 5 by Citigroup.

Analysts await Ball Corporation (NYSE:BLL) to report earnings on August, 3 before the open. They expect $0.55 EPS, up 5.77% or $0.03 from last year’s $0.52 per share. BLL’s profit will be $194.88M for 19.27 P/E if the $0.55 EPS becomes a reality. After $0.38 actual EPS reported by Ball Corporation for the previous quarter, Wall Street now forecasts 44.74% EPS growth.

Since March 8, 2017, it had 1 insider purchase, and 11 selling transactions for $4.06 million activity. The insider HAYES JOHN A sold $192,608. Pauley Lisa Ann sold $424,996 worth of stock. HOOVER R DAVID sold $320,160 worth of Ball Corporation (NYSE:BLL) on Tuesday, May 23. Fisher Daniel William also sold $79,745 worth of Ball Corporation (NYSE:BLL) shares. Shares for $126,476 were bought by HEINRICH DANIEL J.

Since June 1, 2017, it had 0 buys, and 4 insider sales for $266,781 activity. Korman Alan S had sold 1,000 shares worth $28,710 on Friday, June 9. Buer Gene P had sold 5,147 shares worth $142,829.

Among 3 analysts covering Columbus McKinnon (NASDAQ:CMCO), 2 have Buy rating, 1 Sell and 0 Hold. Therefore 67% are positive. Columbus McKinnon had 7 analyst reports since July 29, 2015 according to SRatingsIntel. Seaport Global Securities downgraded Columbus McKinnon Corp. (NASDAQ:CMCO) on Monday, January 18 to “Neutral” rating. The stock of Columbus McKinnon Corp. (NASDAQ:CMCO) earned “Buy” rating by Seaport Global Securities on Monday, January 23. On Wednesday, December 7 the stock rating was downgraded by Sidoti to “Neutral”. On Wednesday, July 29 the stock rating was upgraded by Sidoti to “Buy”. The firm has “Sell” rating given on Monday, September 21 by Zacks. Sidoti upgraded the shares of CMCO in report on Thursday, January 26 to “Buy” rating. Seaport Global Securities downgraded it to “Neutral” rating and $17.0 target in Friday, January 15 report.

Columbus McKinnon Corporation is a global designer, maker and marketer of hoists, actuators, cranes, rigging tools, digital power control systems, and other material handling products serving various commercial and industrial end user markets. The company has market cap of $592.03 million.

Investors sentiment increased to 1.8 in Q4 2016. Its up 0.23, from 1.57 in 2016Q3. It is positive, as 7 investors sold Columbus McKinnon Corp. shares while 33 reduced holdings. 31 funds opened positions while 41 raised stakes. 16.39 million shares or 0.69% more from 16.28 million shares in 2016Q3 were reported. Essex Invest Mngmt Limited Liability Corporation stated it has 0.14% of its portfolio in Columbus McKinnon Corp. (NASDAQ:CMCO). Eagle Boston Invest Mgmt Inc has 1.24% invested in Columbus McKinnon Corp. (NASDAQ:CMCO). Gsa Capital Ptnrs Llp holds 0.04% or 23,105 shares in its portfolio. Tower Research Cap Limited Liability Co (Trc) holds 0% of its portfolio in Columbus McKinnon Corp. (NASDAQ:CMCO) for 49 shares. Brandywine Invest Mgmt Ltd Liability holds 0% of its portfolio in Columbus McKinnon Corp. (NASDAQ:CMCO) for 7,640 shares. Blackrock reported 0% of its portfolio in Columbus McKinnon Corp. (NASDAQ:CMCO). Citigroup accumulated 0% or 29,946 shares. Us Bancorporation De reported 28,209 shares. Rbf Cap Limited holds 0.19% or 50,140 shares. 4,914 were accumulated by First Mercantile Tru. California State Teachers Retirement has invested 0% in Columbus McKinnon Corp. (NASDAQ:CMCO). 272,242 are owned by Walthausen Com Limited Com. Ny State Teachers Retirement Sys owns 1,700 shares. Fincl Bank Of America Corporation De invested in 0% or 49,708 shares. Bnp Paribas Arbitrage Sa, a New York-based fund reported 1,503 shares.

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