Meadow Creek Investment Management LLC reduced its position in AAON, Inc. (NASDAQ:AAON) by 26.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 23,884 shares of the construction company’s stock after selling 8,512 shares during the period. Meadow Creek Investment Management LLC’s holdings in AAON were worth $877,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in AAON. Nationwide Fund Advisors increased its position in shares of AAON by 17.8% during the third quarter. Nationwide Fund Advisors now owns 285,313 shares of the construction company’s stock valued at $9,836,000 after buying an additional 43,057 shares during the period. First Trust Advisors LP increased its position in shares of AAON by 18.5% during the third quarter. First Trust Advisors LP now owns 31,105 shares of the construction company’s stock valued at $1,072,000 after buying an additional 4,853 shares during the period. Raymond James Financial Services Advisors Inc. increased its position in shares of AAON by 11.2% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 72,723 shares of the construction company’s stock valued at $2,507,000 after buying an additional 7,321 shares during the period. Crossmark Global Holdings Inc. bought a new stake in shares of AAON during the third quarter valued at about $341,000. Finally, BNP Paribas Arbitrage SA increased its position in shares of AAON by 62.1% during the third quarter. BNP Paribas Arbitrage SA now owns 21,419 shares of the construction company’s stock valued at $739,000 after buying an additional 8,209 shares during the period. Institutional investors and hedge funds own 69.54% of the company’s stock.

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Shares of AAON stock opened at $39.05 on Thursday. AAON, Inc. has a 52-week low of $29.95 and a 52-week high of $39.75. The firm has a market capitalization of $2,058.00, a PE ratio of 41.32, a PEG ratio of 1.97 and a beta of 0.87.

AAON (NASDAQ:AAON) last announced its quarterly earnings results on Tuesday, February 27th. The construction company reported $0.22 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.24 by ($0.02). AAON had a net margin of 13.45% and a return on equity of 22.34%. The company had revenue of $104.16 million for the quarter, compared to the consensus estimate of $108.00 million. equities analysts expect that AAON, Inc. will post 1.33 EPS for the current fiscal year.

Several brokerages have recently weighed in on AAON. Zacks Investment Research cut AAON from a “buy” rating to a “hold” rating in a research report on Wednesday. BidaskClub upgraded AAON from a “sell” rating to a “hold” rating in a research report on Friday, December 22nd.

In other news, VP Sam Neale sold 5,000 shares of the company’s stock in a transaction dated Tuesday, March 13th. The stock was sold at an average price of $38.38, for a total transaction of $191,900.00. Following the sale, the vice president now directly owns 33,528 shares in the company, valued at $1,286,804.64. The sale was disclosed in a document filed with the SEC, which is available at this link. Corporate insiders own 22.25% of the company’s stock.

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AAON Company Profile

AAON, Inc is engaged in the engineering, manufacturing, marketing and sale of air conditioning and heating equipment consisting of standard, semi-custom and custom rooftop units, chillers, packaged outdoor mechanical rooms, air handling units, makeup air units, energy recovery units, condensing units, geothermal/water-source heat pumps and coils.

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Institutional Ownership by Quarter for AAON (NASDAQ:AAON)

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