GSA Capital Partners LLP bought a new stake in Curtiss-Wright Co. (NYSE:CW) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 3,030 shares of the aerospace company’s stock, valued at approximately $283,000.

A number of other large investors have also recently added to or reduced their stakes in CW. QV Investors Inc. purchased a new stake in Curtiss-Wright during the third quarter worth about $44,000. First Mercantile Trust Co. acquired a new position in shares of Curtiss-Wright in the second quarter valued at approximately $90,000. Biltmore Capital Advisors LLC acquired a new position in shares of Curtiss-Wright in the third quarter valued at approximately $147,000. World Asset Management Inc purchased a new stake in Curtiss-Wright during the 3rd quarter worth approximately $205,000. Finally, Teacher Retirement System of Texas acquired a new stake in Curtiss-Wright during the 3rd quarter worth approximately $228,000. Institutional investors own 69.70% of the company’s stock.

CW has been the topic of several analyst reports. ValuEngine upgraded Curtiss-Wright from a “sell” rating to a “hold” rating in a research note on Monday, November 16th. TheStreet upgraded Curtiss-Wright from a “c” rating to a “b-” rating in a report on Monday, November 9th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $120.25.

In other Curtiss-Wright news, CEO David Charles Adams sold 2,500 shares of the firm’s stock in a transaction that occurred on Monday, November 16th. The shares were sold at an average price of $112.00, for a total transaction of $280,000.00. Following the sale, the chief executive officer now owns 57,556 shares of the company’s stock, valued at $6,446,272. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.73% of the company’s stock.

Curtiss-Wright stock opened at $111.65 on Friday. The company has a current ratio of 2.37, a quick ratio of 1.68 and a debt-to-equity ratio of 0.59. The company has a fifty day simple moving average of $97.02 and a 200-day simple moving average of $95.96. The stock has a market cap of $4.63 billion, a P/E ratio of 20.01 and a beta of 1.34. Curtiss-Wright Co. has a 12-month low of $70.56 and a 12-month high of $149.90.

Curtiss-Wright (NYSE:CW) last posted its quarterly earnings results on Wednesday, October 28th. The aerospace company reported $1.85 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.53 by $0.32. Curtiss-Wright had a return on equity of 16.15% and a net margin of 9.96%. As a group, sell-side analysts forecast that Curtiss-Wright Co. will post 6.83 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 3rd. Investors of record on Wednesday, November 25th will be issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 0.61%. The ex-dividend date is Tuesday, November 24th. Curtiss-Wright’s dividend payout ratio (DPR) is 9.35%.

Curtiss-Wright Company Profile

Curtiss-Wright Corporation, together with its subsidiaries, designs, manufactures, and overhauls precision components, and engineered products and services primarily to the aerospace, defense, general industrial, and power generation markets worldwide. The company operates through three segments: Commercial/Industrial, Defense, and Power.

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Institutional Ownership by Quarter for Curtiss-Wright (NYSE:CW)

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