Calamos Advisors LLC purchased a new position in shares of Atkore International Group Inc (NYSE:ATKR) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 26,000 shares of the company’s stock, valued at approximately $560,000. Calamos Advisors LLC owned approximately 0.06% of Atkore International Group at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. SG Americas Securities LLC raised its position in shares of Atkore International Group by 0.7% during the 4th quarter. SG Americas Securities LLC now owns 132,837 shares of the company’s stock worth $2,635,000 after purchasing an additional 894 shares during the last quarter. Legal & General Group Plc raised its position in shares of Atkore International Group by 17.4% during the 4th quarter. Legal & General Group Plc now owns 7,346 shares of the company’s stock worth $145,000 after purchasing an additional 1,087 shares during the last quarter. First Hawaiian Bank raised its position in shares of Atkore International Group by 40.9% during the 1st quarter. First Hawaiian Bank now owns 5,453 shares of the company’s stock worth $117,000 after purchasing an additional 1,584 shares during the last quarter. Brandywine Global Investment Management LLC raised its position in shares of Atkore International Group by 0.9% during the 4th quarter. Brandywine Global Investment Management LLC now owns 191,824 shares of the company’s stock worth $3,806,000 after purchasing an additional 1,636 shares during the last quarter. Finally, United Services Automobile Association raised its position in shares of Atkore International Group by 5.7% during the 4th quarter. United Services Automobile Association now owns 32,012 shares of the company’s stock worth $635,000 after purchasing an additional 1,715 shares during the last quarter. 98.31% of the stock is currently owned by institutional investors and hedge funds.

Shares of Atkore International Group stock opened at $23.22 on Tuesday. The company has a debt-to-equity ratio of 7.07, a current ratio of 2.18 and a quick ratio of 1.39. Atkore International Group Inc has a 1 year low of $17.47 and a 1 year high of $28.67. The company has a market cap of $1.06 billion, a P/E ratio of 9.36 and a beta of 1.91.

Atkore International Group (NYSE:ATKR) last issued its quarterly earnings data on Tuesday, February 5th. The company reported $0.74 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.70 by $0.04. Atkore International Group had a return on equity of 142.82% and a net margin of 7.28%. The firm had revenue of $452.03 million during the quarter, compared to the consensus estimate of $449.53 million. During the same period in the previous year, the firm posted $0.46 EPS. The company’s quarterly revenue was up 9.0% compared to the same quarter last year. On average, analysts forecast that Atkore International Group Inc will post 2.71 EPS for the current fiscal year.

ATKR has been the subject of several research reports. Credit Suisse Group initiated coverage on Atkore International Group in a research report on Thursday, February 21st. They set a “neutral” rating and a $25.00 price objective for the company. Zacks Investment Research downgraded Atkore International Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 29th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Atkore International Group currently has a consensus rating of “Hold” and a consensus price target of $27.00.

In other Atkore International Group news, insider Michael J. Schulte sold 57,291 shares of the business’s stock in a transaction on Wednesday, February 20th. The stock was sold at an average price of $24.22, for a total value of $1,387,588.02. Following the completion of the transaction, the insider now directly owns 188,202 shares in the company, valued at approximately $4,558,252.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 3.03% of the company’s stock.

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About Atkore International Group

Atkore International Group Inc manufactures and distributes electrical raceway products, and mechanical products and solutions (MP&S) in the United States and internationally. The company offers electrical raceway products, including electrical conduits and fittings, armored cables and fittings, and cable trays and mounting systems and fittings.

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Institutional Ownership by Quarter for Atkore International Group (NYSE:ATKR)

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