Aegion Corp Cmn Stk (NASDAQ:AEGN).
Renaissance Technologies LLC says it decreased its ownership in Aegion Corp Cmn Stk shares by 98,996 shares in the quarter ending 09/30/2017. Its investment was worth $9,484,000 a decrease of $1,596,000 as of the end of the quarter.
Renaissance Technologies LLC isn’t the only one who has changed their investment in AEGN. Alambic Investment Management, L.p. bolstered its position by buying 35,500 shares an increase of 102.2% in the quarter. Alambic Investment Management, L.p. now holds 70,232 shares worth $1,635,000. The total value of its holdings increased 115.1%. As of the end of the quarter Tiaa Cref Investment Management LLC had sold 1,074 shares trimming its stake by 1.2%. The value of the company’s investment in Aegion Corp Cmn Stk increased from $1,981,000 to $2,082,000 increasing 5.1% quarter over quarter.
Schwab Charles Investment Management Inc added to its investment by buying 18,468 shares an increase of 6.6% from 06/30/2017 to 09/30/2017. Schwab Charles Investment Management Inc currently owns 296,646 shares valued at $6,906,000. The value of the position overall is up by 13.5%.
Equity analyst Canaccord Genuity raised the price target on November 3 changing the forecast from $26.00 to $27.00 and issued a “Buy” rating.
On August 10 Canaccord Genuity kept the company rating at “Buy” with a current price target of $26.00.
August 7 investment analysts at Stifel Nicolaus maintained a company rating of “Hold” targeting a price of $23.50.
The company is trading down since yesterday’s close of 26.68. The P/E ratio is N/A and the market cap is 867.17M. In the latest earnings report the EPS was $-1.21 with 32.53M shares now outstanding.
Short traders are feeling a little more bearish on the company recently if you take a look at the motion in short interest. The company recorded a rise in short interest of 19.76% as of October 13, 2017 from the last reporting period. Short shares increased 240,536 over that timeframe. With short interest at 1,457,927 and short average daily volume at 337,881, days to cover is 4.0 and the percentage of shorted shares is 0.04% as of October 13.