Actuant (ATU) “Hold” Rating Maintained by Analysts at BMO Capital; With $25.0 Target; Charter Financial Has 1.66 Sentiment

November 15, 2017 - By Linda Rogers

Among 18 analysts covering Actuant (NYSE:ATU), 6 have Buy rating, 0 Sell and 12 Hold. Therefore 33% are positive. Actuant has $30 highest and $0.50 lowest target. $22.55’s average target is -9.62% below currents $24.95 stock price. Actuant had 41 analyst reports since August 26, 2015 according to SRatingsIntel. As per Thursday, September 28, the company rating was maintained by Robert W. Baird. The stock of Actuant Corporation (NYSE:ATU) has “Buy” rating given on Tuesday, October 31 by Robert W. Baird. The firm earned “Hold” rating on Thursday, May 26 by Topeka Capital Markets. The rating was maintained by SunTrust on Thursday, September 28 with “Hold”. The rating was maintained by RBC Capital Markets with “Outperform” on Thursday, June 23. The firm earned “Hold” rating on Sunday, August 20 by Stifel Nicolaus. Gabelli downgraded Actuant Corporation (NYSE:ATU) on Tuesday, March 15 to “Hold” rating. On Thursday, June 22 the stock rating was upgraded by Barclays Capital to “Equal Weight”. The stock of Actuant Corporation (NYSE:ATU) earned “Hold” rating by BMO Capital Markets on Friday, June 9. Robert W. Baird upgraded the stock to “Outperform” rating in Monday, November 14 report.

Charter Financial Corporation is a savings and loan holding firm for CharterBank . The company has market cap of $257.21 million. The Bank is a federally-chartered savings bank. It has a 17.93 P/E ratio. The Bank’s principal business consists of attracting retail deposits from the general public and investing those deposits, together with funds generated from operations, in commercial real estate loans, one- to four-family residential mortgage loans, construction loans and investment securities, commercial business loans, home equity loans and lines of credit, and other consumer loans.

Analysts await Charter Financial Corp (NASDAQ:CHFN) to report earnings on January, 25. They expect $0.24 earnings per share, down 27.27% or $0.09 from last year’s $0.33 per share. CHFN’s profit will be $3.63M for 17.73 P/E if the $0.24 EPS becomes a reality. After $0.17 actual earnings per share reported by Charter Financial Corp for the previous quarter, Wall Street now forecasts 41.18% EPS growth.

The stock increased 0.89% or $0.15 during the last trading session, reaching $17.02. About shares traded. Charter Financial Corp (CHFN) has risen 40.91% since November 15, 2016 and is uptrending. It has outperformed by 24.21% the S&P500.

Private Capital Management Llc holds 2.27% of its portfolio in Charter Financial Corp for 782,415 shares. Minerva Advisors Llc owns 139,658 shares or 1.39% of their US portfolio. Moreover, Horizon Investment Services Llc has 0.72% invested in the company for 89,786 shares. The New Hampshire-based Pax World Management Llc has invested 0.41% in the stock. Banc Funds Co Llc, a Illinois-based fund reported 423,695 shares.

Investors sentiment increased to 1.72 in 2017 Q2. Its up 0.62, from 1.1 in 2017Q1. It is positive, as 15 investors sold Actuant Corporation shares while 38 reduced holdings. 24 funds opened positions while 67 raised stakes. 64.72 million shares or 0.91% more from 64.14 million shares in 2017Q1 were reported. 102,875 were reported by Seabridge Investment Ltd. Neuberger Berman Gru Ltd Liability Com holds 0.02% of its portfolio in Actuant Corporation (NYSE:ATU) for 575,267 shares. Gofen & Glossberg Ltd Limited Liability Company Il holds 0.01% or 11,784 shares. Public Employees Retirement Association Of Colorado reported 13,145 shares stake. Southernsun Asset Llc has 2.38M shares. Louisiana State Employees Retirement Sys accumulated 24,300 shares. 10,272 are held by Capstone Asset Management. First Tru Ltd Partnership holds 11,740 shares or 0% of its portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 1,818 shares. Federated Investors Pa holds 0% or 6,103 shares. Dimensional Fund Advsrs Lp reported 2.16 million shares. Goldman Sachs Gru Inc has invested 0% of its portfolio in Actuant Corporation (NYSE:ATU). First Midwest Fincl Bank Trust Division reported 11,111 shares. 44,633 are held by . Ig Ltd accumulated 65,300 shares.

Analysts await Actuant Corporation (NYSE:ATU) to report earnings on December, 20. They expect $0.17 earnings per share, down 15.00% or $0.03 from last year’s $0.2 per share. ATU’s profit will be $10.15 million for 36.69 P/E if the $0.17 EPS becomes a reality. After $0.19 actual earnings per share reported by Actuant Corporation for the previous quarter, Wall Street now forecasts -10.53% negative EPS growth.

The stock increased 0.60% or $0.15 during the last trading session, reaching $24.95. About shares traded. Actuant Corporation (NYSE:ATU) has risen 0.16% since November 15, 2016 and is uptrending. It has underperformed by 16.54% the S&P500.

Actuant Corporation designs, manufactures and distributes a range of industrial products and systems to various end markets. The company has market cap of $1.49 billion. The Firm operates through three divisions: Industrial, Energy and Engineered Solutions. It currently has negative earnings. The Company’s Industrial segment is primarily involved in the design, manufacture and distribution of branded hydraulic and mechanical tools to the maintenance, industrial, infrastructure and production automation markets.

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