Curtiss-Wright Co. (NYSE:CW) Holdings Reduced by Hantz Financial Services Inc.

Hantz Financial Services Inc. lessened its holdings in shares of Curtiss-Wright Co. (NYSE:CW) by 1.9% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 33,318 shares of the aerospace company’s stock after selling 642 shares during the quarter. Hantz Financial Services Inc.’s holdings in Curtiss-Wright were worth $11,824,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Tsfg LLC raised its position in shares of Curtiss-Wright by 191.4% during the 3rd quarter. Tsfg LLC now owns 102 shares of the aerospace company’s stock worth $34,000 after buying an additional 67 shares in the last quarter. UMB Bank n.a. boosted its stake in Curtiss-Wright by 303.8% during the 3rd quarter. UMB Bank n.a. now owns 105 shares of the aerospace company’s stock valued at $35,000 after purchasing an additional 79 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of Curtiss-Wright during the 3rd quarter valued at $53,000. Brooklyn Investment Group acquired a new position in shares of Curtiss-Wright during the 3rd quarter valued at $59,000. Finally, Quarry LP lifted its holdings in shares of Curtiss-Wright by 176.9% in the second quarter. Quarry LP now owns 252 shares of the aerospace company’s stock valued at $68,000 after buying an additional 161 shares during the period. 82.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Stifel Nicolaus cut shares of Curtiss-Wright from a “buy” rating to a “hold” rating and set a $370.00 price target on the stock. in a research report on Monday, November 18th. Morgan Stanley boosted their target price on shares of Curtiss-Wright from $334.00 to $395.00 and gave the stock an “overweight” rating in a report on Tuesday, November 5th. Truist Financial raised their target price on shares of Curtiss-Wright from $333.00 to $357.00 and gave the stock a “hold” rating in a report on Tuesday, January 14th. Citigroup started coverage on Curtiss-Wright in a report on Tuesday, January 21st. They issued a “buy” rating and a $410.00 price target on the stock. Finally, Alembic Global Advisors assumed coverage on Curtiss-Wright in a research note on Tuesday, October 29th. They set an “overweight” rating and a $412.00 price objective for the company. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, Curtiss-Wright presently has a consensus rating of “Moderate Buy” and an average target price of $386.86.

Insider Buying and Selling

In other Curtiss-Wright news, VP John C. Watts sold 412 shares of Curtiss-Wright stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $359.55, for a total transaction of $148,134.60. Following the completion of the sale, the vice president now owns 4,183 shares of the company’s stock, valued at $1,503,997.65. This trade represents a 8.97 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Lynn M. Bamford sold 7,129 shares of the company’s stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $368.80, for a total transaction of $2,629,175.20. Following the completion of the transaction, the chief executive officer now directly owns 28,688 shares in the company, valued at $10,580,134.40. This trade represents a 19.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders acquired 116 shares of company stock valued at $35,278. Corporate insiders own 0.67% of the company’s stock.

Curtiss-Wright Trading Down 1.0 %

NYSE CW opened at $337.74 on Wednesday. The firm’s 50 day moving average price is $363.54 and its two-hundred day moving average price is $336.25. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.39 and a current ratio of 1.98. Curtiss-Wright Co. has a twelve month low of $220.90 and a twelve month high of $393.40. The stock has a market cap of $12.82 billion, a price-to-earnings ratio of 31.95, a PEG ratio of 2.73 and a beta of 1.19.

Curtiss-Wright Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 3rd. Investors of record on Friday, November 22nd were given a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 0.25%. The ex-dividend date was Friday, November 22nd. Curtiss-Wright’s payout ratio is 7.95%.

Curtiss-Wright Company Profile

Curtiss-Wright Corporation, together with its subsidiaries, provides engineered products, solutions, and services mainly to aerospace and defense, commercial power, process, and industrial markets worldwide. It operates through three segments: Aerospace & Industrial, Defense Electronics, and Naval & Power.