Chicago Bridge & Iron Company N.V. (CBI) : Eagleclaw Capital Managment scooped up 400 additional shares in Chicago Bridge & Iron Company N.V. during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 8, 2016. The investment management firm now holds a total of 60,651 shares of Chicago Bridge & Iron Company N.V. which is valued at $2,045,152.Chicago Bridge & Iron Company N.V. makes up approximately 1.31% of Eagleclaw Capital Managment’s portfolio.
Other Hedge Funds, Including , Central Trust Co reduced its stake in CBI by selling 207 shares or 1.26% in the most recent quarter. The Hedge Fund company now holds 16,195 shares of CBI which is valued at $546,095. Chicago Bridge & Iron Company N.V. makes up approx 0.04% of Central Trust Co’s portfolio. Diam Ltd. sold out all of its stake in CBI during the most recent quarter. The investment firm sold 8,997 shares of CBI which is valued $301,040.Spot Trading L.l.c reduced its stake in CBI by selling 2,485 shares or 5.72% in the most recent quarter. The Hedge Fund company now holds 40,978 shares of CBI which is valued at $1,371,124. Chicago Bridge & Iron Company N.V. makes up approx 0.18% of Spot Trading L.l.c’s portfolio.California State Teachers Retirement System boosted its stake in CBI in the latest quarter, The investment management firm added 12,910 additional shares and now holds a total of 226,889 shares of Chicago Bridge & Iron Company N.V. which is valued at $7,591,706. Chicago Bridge & Iron Company N.V. makes up approx 0.02% of California State Teachers Retirement System’s portfolio.
Chicago Bridge & Iron Company N.V. opened for trading at $33.66 and hit $34.2694 on the upside on Monday, eventually ending the session at $34.04, with a gain of 1.46% or 0.49 points. The heightened volatility saw the trading volume jump to 5,61,904 shares. Company has a market cap of $3,511 M.
On the company’s financial health, Chicago Bridge & Iron Company N.V. reported $1.17 EPS for the quarter, missing the analyst consensus estimate by $ -0.04 based on the information available during the earnings call on Jul 27, 2016. Analyst had a consensus of $1.21. The company had revenue of $2695.62 million for the quarter, compared to analysts expectations of $2821.97 million. The company’s revenue was down -15.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.55 EPS.
Many Wall Street Analysts have commented on Chicago Bridge & Iron Company N.V.. Shares were Reiterated by MKM Partners on Jul 28, 2016 to “Buy” and Lowered the Price Target to $ 42 from a previous price target of $46 .Shares were Downgraded by Citigroup on Jul 25, 2016 to ” Neutral” and Lowered the Price Target to $ 38 from a previous price target of $48 .Shares were Downgraded by Robert W. Baird on Jul 22, 2016 to ” Neutral” and Lowered the Price Target to $ 40 from a previous price target of $45 .
Chicago Bridge and Iron Company N.V. (CBandI) provides a range of services to customers in the energy infrastructure market across the world. The Company also provides various Government services. CBandI operates through four segments: Engineering Construction and Maintenance which provides engineering procurement and construction (EPC) services for energy infrastructure facilities as well as integrated maintenance services; Fabrication Services which provides fabrication of piping systems process and nuclear modules; fabrication and erection of steel plate structures and manufacturing and distribution of pipe and fittings for various industries such as oil and gas mining mineral processing and power generation; Technology which provides licensed process technologies catalysts and engineered products and offers process planning and project development services and Environmental Solutions which provides environmental services for Government and private sector customers.