Teachers Advisors LLC boosted its position in Atkore International Group Inc (NASDAQ:ATKR) by 65.3% during the first quarter, Holdings Channel reports. The institutional investor owned 140,791 shares of the company’s stock after buying an additional 55,598 shares during the period. Teachers Advisors LLC’s holdings in Atkore International Group were worth $3,700,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. TFS Capital LLC increased its stake in shares of Atkore International Group by 4.2% in the first quarter. TFS Capital LLC now owns 12,117 shares of the company’s stock worth $318,000 after buying an additional 493 shares in the last quarter. Parametric Portfolio Associates LLC increased its stake in shares of Atkore International Group by 5.5% in the first quarter. Parametric Portfolio Associates LLC now owns 20,114 shares of the company’s stock worth $529,000 after buying an additional 1,049 shares in the last quarter. Bronfman E.L. Rothschild L.P. increased its stake in shares of Atkore International Group by 34.1% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 4,184 shares of the company’s stock worth $110,000 after buying an additional 1,065 shares in the last quarter. Victory Capital Management Inc. purchased a new stake in shares of Atkore International Group during the first quarter worth approximately $132,000. Finally, Dynamic Technology Lab Private Ltd increased its stake in shares of Atkore International Group by 46.8% in the first quarter. Dynamic Technology Lab Private Ltd now owns 21,490 shares of the company’s stock worth $565,000 after buying an additional 6,848 shares in the last quarter.

Shares of Atkore International Group Inc (NASDAQ ATKR) opened at 17.76 on Thursday. The company has a market cap of $1.14 billion and a P/E ratio of 14.65. The firm has a 50 day moving average price of $21.65 and a 200-day moving average price of $24.02. Atkore International Group Inc has a 12 month low of $15.05 and a 12 month high of $27.30.

Atkore International Group (NASDAQ:ATKR) last posted its earnings results on Tuesday, August 8th. The company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.42 by $0.02. Atkore International Group had a return on equity of 25.87% and a net margin of 5.08%. The company had revenue of $397.70 million for the quarter, compared to the consensus estimate of $424.49 million. The company’s revenue was up .5% compared to the same quarter last year. Analysts anticipate that Atkore International Group Inc will post $1.43 earnings per share for the current fiscal year.

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A number of brokerages have commented on ATKR. Credit Suisse Group upgraded Atkore International Group from a “neutral” rating to an “outperform” rating and set a $22.00 price objective for the company in a research report on Wednesday. Royal Bank Of Canada reiterated a “buy” rating and issued a $20.00 price objective on shares of Atkore International Group in a research report on Wednesday. Finally, Zacks Investment Research downgraded Atkore International Group from a “buy” rating to a “hold” rating in a research report on Tuesday, May 2nd.

In other news, insider John Patrick Williamson sold 70,000 shares of the company’s stock in a transaction that occurred on Friday, June 16th. The stock was sold at an average price of $21.78, for a total value of $1,524,600.00. Following the transaction, the insider now owns 201,625 shares of the company’s stock, valued at $4,391,392.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Atkore International Group Company Profile

Atkore International Group Inc is a manufacturer of electrical raceway products. The Company’s products are primarily offered for non-residential construction and renovation markets, and mechanical products and solutions (MP&S) for the construction and industrial markets. The Company operates in two segments: Electrical Raceway and MP&S.

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

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