Benjamin Edwards Inc. Has $721,000 Stake in Curtiss-Wright Co. (NYSE:CW)

Benjamin Edwards Inc. increased its holdings in shares of Curtiss-Wright Co. (NYSE:CW) by 33.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,192 shares of the aerospace company’s stock after acquiring an additional 553 shares during the period. Benjamin Edwards Inc.’s holdings in Curtiss-Wright were worth $721,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CW. GPS Wealth Strategies Group LLC bought a new stake in shares of Curtiss-Wright during the second quarter worth $30,000. Tsfg LLC grew its holdings in 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 acquiring an additional 67 shares during the last quarter. UMB Bank n.a. increased its position in Curtiss-Wright by 303.8% in the 3rd quarter. UMB Bank n.a. now owns 105 shares of the aerospace company’s stock valued at $35,000 after acquiring an additional 79 shares in the last quarter. Brooklyn Investment Group bought a new position in shares of Curtiss-Wright in the third quarter worth about $59,000. Finally, Quarry LP lifted its position in shares of Curtiss-Wright by 176.9% during the second quarter. Quarry LP now owns 252 shares of the aerospace company’s stock worth $68,000 after purchasing an additional 161 shares in the last quarter. 82.71% of the stock is owned by institutional investors and hedge funds.

Insider Activity

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 value of $148,134.60. Following the sale, the vice president now directly owns 4,183 shares in the company, valued at approximately $1,503,997.65. The trade was a 8.97 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.67% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

CW has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Curtiss-Wright in a report on Thursday. They issued a “buy” rating and a $452.00 price target for the company. Stifel Nicolaus cut Curtiss-Wright from a “buy” rating to a “hold” rating and set a $370.00 target price for the company. in a research note on Monday, November 18th. Morgan Stanley upped their price target on Curtiss-Wright from $334.00 to $395.00 and gave the company an “overweight” rating in a research note on Tuesday, November 5th. StockNews.com cut Curtiss-Wright from a “strong-buy” rating to a “buy” rating in a report on Monday, September 23rd. Finally, Alembic Global Advisors initiated coverage on shares of Curtiss-Wright in a research note on Tuesday, October 29th. They issued an “overweight” rating and a $412.00 target price on the stock. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $379.00.

Curtiss-Wright Price Performance

Curtiss-Wright stock opened at $376.01 on Friday. The company has a current ratio of 1.98, a quick ratio of 1.39 and a debt-to-equity ratio of 0.39. The firm has a market capitalization of $14.27 billion, a P/E ratio of 35.57 and a beta of 1.18. The business has a 50-day moving average of $359.17 and a 200-day moving average of $313.79. Curtiss-Wright Co. has a 1 year low of $212.05 and a 1 year high of $393.40.

Curtiss-Wright Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 3rd. Stockholders of record on Friday, November 22nd were given a dividend of $0.21 per share. The ex-dividend date of this dividend was Friday, November 22nd. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.22%. Curtiss-Wright’s dividend 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.