Teachers Retirement System of The State of Kentucky Has $487,000 Position in Actuant Corporation (ATU)

Teachers Retirement System of The State of Kentucky continued to hold its stake in shares of Actuant Corporation (NYSE:ATU) during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 18,500 shares of the industrial products company’s stock at the end of the first quarter. Teachers Retirement System of The State of Kentucky’s holdings in Actuant Corporation were worth $487,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. State of Alaska Department of Revenue raised its stake in Actuant Corporation by 2.4% in the first quarter. State of Alaska Department of Revenue now owns 6,530 shares of the industrial products company’s stock valued at $172,000 after buying an additional 150 shares during the period. BNP Paribas Arbitrage SA raised its stake in Actuant Corporation by 2.0% in the first quarter. BNP Paribas Arbitrage SA now owns 12,955 shares of the industrial products company’s stock valued at $341,000 after buying an additional 256 shares during the period. First Midwest Bank Trust Division raised its stake in Actuant Corporation by 2.6% in the first quarter. First Midwest Bank Trust Division now owns 10,713 shares of the industrial products company’s stock valued at $282,000 after buying an additional 273 shares during the period. Louisiana State Employees Retirement System raised its stake in Actuant Corporation by 1.7% in the first quarter. Louisiana State Employees Retirement System now owns 24,100 shares of the industrial products company’s stock valued at $635,000 after buying an additional 400 shares during the period. Finally, Oppenheimer & Co. Inc. boosted its position in Actuant Corporation by 0.8% in the first quarter. Oppenheimer & Co. Inc. now owns 53,688 shares of the industrial products company’s stock valued at $1,415,000 after buying an additional 400 shares during the period.

Shares of Actuant Corporation (NYSE:ATU) opened at 23.00 on Friday. Actuant Corporation has a 12 month low of $20.54 and a 12 month high of $29.80. The stock has a market cap of $1.37 billion, a P/E ratio of 27.38 and a beta of 1.61. The company has a 50 day moving average of $24.10 and a 200 day moving average of $25.65.

Actuant Corporation (NYSE:ATU) last announced its quarterly earnings data on Wednesday, June 21st. The industrial products company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.31 by $0.01. The company had revenue of $295.40 million during the quarter, compared to the consensus estimate of $294 million. Actuant Corporation had a net margin of 4.56% and a return on equity of 10.58%. The company’s quarterly revenue was down 3.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.40 EPS. Equities research analysts expect that Actuant Corporation will post $0.01 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 16th. Stockholders of record on Friday, September 29th will be given a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 0.70%. The ex-dividend date of this dividend is Thursday, September 28th. Actuant Corporation’s dividend payout ratio (DPR) is 4.88%.

COPYRIGHT VIOLATION WARNING: This article was originally published by BNB Daily and is the sole property of of BNB Daily. If you are accessing this article on another site, it was illegally stolen and republished in violation of US & international trademark & copyright legislation. The original version of this article can be viewed at https://www.baseball-news-blog.com/2017/08/19/actuant-corporation-atu-stake-held-by-teachers-retirement-system-of-the-state-of-kentucky-updated-updated.html.

Several research analysts have commented on the stock. Gabelli upgraded shares of Actuant Corporation from a “hold” rating to a “buy” rating in a research report on Thursday, June 22nd. Wolfe Research assumed coverage on shares of Actuant Corporation in a research report on Tuesday, July 11th. They issued a “market perform” rating for the company. Zacks Investment Research cut shares of Actuant Corporation from a “hold” rating to a “sell” rating in a research report on Monday, June 12th. Barclays PLC upgraded shares of Actuant Corporation from an “underweight” rating to an “equal weight” rating and set a $20.00 price objective for the company in a report on Thursday, June 22nd. Finally, Royal Bank Of Canada reiterated a “hold” rating and issued a $28.00 price objective on shares of Actuant Corporation in a report on Tuesday, June 6th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the company’s stock. Actuant Corporation presently has a consensus rating of “Hold” and a consensus price target of $26.78.

Actuant Corporation Company Profile

Actuant Corporation designs, manufactures and distributes a range of industrial products and systems to various end markets. The Company operates through three segments: Industrial, Energy and Engineered Solutions. The Company’s Industrial segment is primarily involved in the design, manufacture and distribution of branded hydraulic and mechanical tools to the maintenance, industrial, infrastructure and production automation markets.

Institutional Ownership by Quarter for Actuant Corporation (NYSE:ATU)

Receive News & Ratings for Actuant Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Actuant Corporation and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply