Walthausen & Co. LLC lowered its position in shares of Atkore International Group Inc (NYSE:ATKR) by 21.5% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 372,390 shares of the company’s stock after selling 101,706 shares during the period. Walthausen & Co. LLC owned approximately 0.58% of Atkore International Group worth $7,265,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Victory Capital Management Inc. raised its stake in shares of Atkore International Group by 17.7% during the second quarter. Victory Capital Management Inc. now owns 5,898 shares of the company’s stock valued at $133,000 after purchasing an additional 885 shares during the period. Legal & General Group Plc raised its stake in shares of Atkore International Group by 300.6% during the second quarter. Legal & General Group Plc now owns 8,140 shares of the company’s stock valued at $183,000 after purchasing an additional 6,108 shares during the period. Sei Investments Co. purchased a new stake in shares of Atkore International Group during the third quarter valued at approximately $1,164,000. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Atkore International Group during the third quarter valued at approximately $237,000. Finally, Voya Investment Management LLC purchased a new stake in shares of Atkore International Group during the second quarter valued at approximately $319,000. Institutional investors own 98.86% of the company’s stock.

A number of analysts have recently issued reports on ATKR shares. Citigroup reiterated a “buy” rating and set a $23.00 price objective (up previously from $22.00) on shares of Atkore International Group in a research note on Monday, October 9th. BidaskClub upgraded shares of Atkore International Group from a “hold” rating to a “buy” rating in a research note on Thursday, September 28th. Royal Bank of Canada restated a “buy” rating and issued a $20.00 price target on shares of Atkore International Group in a research note on Friday, September 15th. TheStreet upgraded shares of Atkore International Group from a “d+” rating to a “c-” rating in a research note on Wednesday, November 29th. Finally, Zacks Investment Research upgraded shares of Atkore International Group from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 10th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $23.00.

Shares of Atkore International Group Inc (NYSE ATKR) opened at $20.95 on Wednesday. The company has a quick ratio of 1.44, a current ratio of 2.39 and a debt-to-equity ratio of 1.58. The stock has a market cap of $1,327.43, a price-to-earnings ratio of 16.70, a P/E/G ratio of 1.43 and a beta of 1.09. Atkore International Group Inc has a 12 month low of $15.05 and a 12 month high of $27.30.

Atkore International Group (NYSE:ATKR) last issued its quarterly earnings results on Wednesday, November 29th. The company reported $0.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.02. The business had revenue of $395.80 million during the quarter, compared to analyst estimates of $394.49 million. Atkore International Group had a net margin of 5.63% and a return on equity of 26.22%. The business’s revenue was down 4.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.35 earnings per share. analysts expect that Atkore International Group Inc will post 1.47 EPS for the current year.

In other Atkore International Group news, VP James A. Mallak sold 77,856 shares of Atkore International Group stock in a transaction on Tuesday, October 24th. The shares were sold at an average price of $20.00, for a total value of $1,557,120.00. Following the completion of the transaction, the vice president now owns 93,855 shares of the company’s stock, valued at $1,877,100. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP Kevin P. Fitzpatrick sold 154,806 shares of Atkore International Group stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $22.13, for a total transaction of $3,425,856.78. Following the completion of the transaction, the vice president now directly owns 58,223 shares of the company’s stock, valued at approximately $1,288,474.99. The disclosure for this sale can be found here. In the last 90 days, insiders sold 431,751 shares of company stock valued at $8,965,037. Insiders own 68.80% of the company’s stock.

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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.

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

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