Roundview Capital LLC Has $355,000 Stake in B/E Aerospace, Inc. (BEAV)
Roundview Capital LLC maintained its position in B/E Aerospace, Inc. (NASDAQ:BEAV) during the fourth quarter, Holdings Channel reports. The institutional investor owned 5,900 shares of the company’s stock at the end of the fourth quarter. Roundview Capital LLC’s holdings in B/E Aerospace were worth $355,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BEAV. Halcyon Management Partners LP purchased a new position in B/E Aerospace during the fourth quarter worth approximately $19,905,000. Capstone Investment Advisors LLC purchased a new position in B/E Aerospace during the fourth quarter worth approximately $5,693,000. Angelo Gordon & CO. L.P. purchased a new position in B/E Aerospace during the fourth quarter worth approximately $13,543,000. New York State Teachers Retirement System boosted its position in B/E Aerospace by 3.3% in the fourth quarter. New York State Teachers Retirement System now owns 171,300 shares of the company’s stock worth $10,311,000 after buying an additional 5,400 shares during the period. Finally, Credit Agricole S A boosted its position in B/E Aerospace by 1.6% in the fourth quarter. Credit Agricole S A now owns 88,054 shares of the company’s stock worth $5,300,000 after buying an additional 1,388 shares during the period. Institutional investors own 91.98% of the company’s stock.
B/E Aerospace, Inc. (NASDAQ:BEAV) traded up 0.63% during trading on Thursday, reaching $62.65. The company had a trading volume of 854,515 shares. The company has a market capitalization of $6.28 billion, a PE ratio of 20.34 and a beta of 0.86. The stock has a 50 day moving average price of $61.45 and a 200-day moving average price of $55.88. B/E Aerospace, Inc. has a 52-week low of $40.21 and a 52-week high of $62.66.
B/E Aerospace (NASDAQ:BEAV) last released its earnings results on Friday, February 10th. The company reported $0.80 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.80. The firm earned $730.40 million during the quarter, compared to analysts’ expectations of $696.28 million. B/E Aerospace had a net margin of 10.61% and a return on equity of 246.23%. B/E Aerospace’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.76 EPS. On average, equities research analysts anticipate that B/E Aerospace, Inc. will post $3.66 earnings per share for the current fiscal year.
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A number of analysts have recently weighed in on BEAV shares. Robert W. Baird reaffirmed a “neutral” rating and set a $61.00 price objective on shares of B/E Aerospace in a research report on Friday, January 20th. Zacks Investment Research lowered B/E Aerospace from a “buy” rating to a “hold” rating in a research report on Thursday, January 12th. Canaccord Genuity reaffirmed a “hold” rating and set a $62.00 price objective on shares of B/E Aerospace in a research report on Thursday, January 5th. Deutsche Bank AG lowered B/E Aerospace from a “buy” rating to a “hold” rating and set a $62.00 price objective on the stock. in a research report on Thursday, November 10th. Finally, Vertical Research started coverage on B/E Aerospace in a research report on Friday, October 28th. They set a “hold” rating on the stock. Thirteen research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $57.50.
B/E Aerospace Company Profile
B/E Aerospace, Inc is a manufacturer of cabin interior products for commercial aircraft and business jets. The Company sells its products and provides services to various airlines and aerospace manufacturers across the world. It operates through two segments: commercial aircraft (CAS) and business jet (BJS).
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