Universal Beteiligungs und Servicegesellschaft mbH Has $6.20 Million Holdings in Armstrong World Industries, Inc. $AWI

Universal Beteiligungs und Servicegesellschaft mbH increased its holdings in shares of Armstrong World Industries, Inc. (NYSE:AWI) by 39.8% during the third quarter, Holdings Channel.com reports. The fund owned 31,620 shares of the construction company’s stock after purchasing an additional 9,008 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Armstrong World Industries were worth $6,198,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of AWI. Burgundy Asset Management Ltd. increased its holdings in shares of Armstrong World Industries by 3.0% during the second quarter. Burgundy Asset Management Ltd. now owns 1,321,078 shares of the construction company’s stock worth $214,596,000 after purchasing an additional 38,082 shares during the period. Geode Capital Management LLC grew its position in Armstrong World Industries by 0.8% during the second quarter. Geode Capital Management LLC now owns 943,284 shares of the construction company’s stock worth $153,248,000 after buying an additional 7,378 shares in the last quarter. Adage Capital Partners GP L.L.C. increased its stake in Armstrong World Industries by 121.3% during the 2nd quarter. Adage Capital Partners GP L.L.C. now owns 737,000 shares of the construction company’s stock worth $119,718,000 after acquiring an additional 404,000 shares during the period. Invesco Ltd. increased its stake in Armstrong World Industries by 0.3% during the 2nd quarter. Invesco Ltd. now owns 682,445 shares of the construction company’s stock worth $110,856,000 after acquiring an additional 1,823 shares during the period. Finally, AQR Capital Management LLC raised its holdings in Armstrong World Industries by 118.6% in the 2nd quarter. AQR Capital Management LLC now owns 543,009 shares of the construction company’s stock valued at $88,206,000 after acquiring an additional 294,646 shares in the last quarter. Institutional investors own 98.93% of the company’s stock.

Armstrong World Industries Trading Up 0.1%

Shares of Armstrong World Industries stock opened at $187.50 on Tuesday. The firm has a market capitalization of $8.09 billion, a PE ratio of 26.82, a price-to-earnings-growth ratio of 1.63 and a beta of 1.32. The company has a current ratio of 1.52, a quick ratio of 1.04 and a debt-to-equity ratio of 0.47. The firm’s 50 day moving average is $189.61 and its 200 day moving average is $190.28. Armstrong World Industries, Inc. has a 1 year low of $122.37 and a 1 year high of $206.08.

Armstrong World Industries (NYSE:AWI) last issued its quarterly earnings data on Tuesday, October 28th. The construction company reported $2.05 EPS for the quarter, beating the consensus estimate of $1.99 by $0.06. Armstrong World Industries had a net margin of 19.08% and a return on equity of 38.97%. The business had revenue of $425.20 million during the quarter, compared to the consensus estimate of $423.40 million. During the same quarter in the prior year, the firm earned $1.81 EPS. The firm’s revenue was up 10.0% compared to the same quarter last year. Equities research analysts forecast that Armstrong World Industries, Inc. will post 6.18 earnings per share for the current fiscal year.

Analyst Ratings Changes

AWI has been the topic of several analyst reports. Weiss Ratings reissued a “buy (b)” rating on shares of Armstrong World Industries in a report on Wednesday, January 21st. UBS Group increased their price objective on shares of Armstrong World Industries from $178.00 to $200.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 29th. Vertical Research started coverage on shares of Armstrong World Industries in a research report on Monday, October 20th. They issued a “buy” rating and a $238.00 target price for the company. Bank of America upped their price target on shares of Armstrong World Industries from $205.00 to $220.00 and gave the stock a “buy” rating in a report on Monday, October 6th. Finally, Wall Street Zen cut shares of Armstrong World Industries from a “buy” rating to a “hold” rating in a research note on Sunday, November 2nd. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $207.50.

Armstrong World Industries Profile

Armstrong World Industries, Inc is a leading global manufacturer of commercial ceiling and wall solutions. The company offers a diverse portfolio of acoustical, decorative and specialty ceiling systems designed to enhance interior environments in offices, healthcare facilities, schools, retail outlets and other non-residential settings. Through its focus on performance, aesthetics and sustainability, Armstrong World Industries addresses both functional and design requirements for architects, contractors and building owners.

Armstrong’s product range includes mineral fiber, fiberglass, wood wool, metal and stone wool ceiling panels, as well as suspension and grid systems.