Advantage Alpha Capital Partners LP Cuts Position in Curtiss-Wright Co. (NYSE:CW)

Advantage Alpha Capital Partners LP decreased its holdings in Curtiss-Wright Co. (NYSE:CW - Free Report) by 16.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,182 shares of the aerospace company's stock after selling 2,541 shares during the period. Advantage Alpha Capital Partners LP's holdings in Curtiss-Wright were worth $4,333,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of CW. Versant Capital Management Inc raised its holdings in Curtiss-Wright by 5,050.0% in the second quarter. Versant Capital Management Inc now owns 103 shares of the aerospace company's stock valued at $28,000 after acquiring an additional 101 shares in the last quarter. GPS Wealth Strategies Group LLC acquired a new stake in shares of Curtiss-Wright in the 2nd quarter valued at $30,000. EverSource Wealth Advisors LLC lifted its position in shares of Curtiss-Wright by 1,933.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 122 shares of the aerospace company's stock worth $31,000 after purchasing an additional 116 shares during the last quarter. Tsfg LLC grew its stake in shares of Curtiss-Wright by 191.4% during the third quarter. Tsfg LLC now owns 102 shares of the aerospace company's stock worth $34,000 after purchasing an additional 67 shares in the last quarter. Finally, UMB Bank n.a. increased its holdings in Curtiss-Wright by 303.8% in the third quarter. UMB Bank n.a. now owns 105 shares of the aerospace company's stock valued at $35,000 after buying an additional 79 shares during the last quarter. Hedge funds and other institutional investors own 82.71% of the company's stock.

Insider Buying and Selling

In other Curtiss-Wright news, VP John C. Watts sold 412 shares of the business's 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 transaction, the vice president now directly owns 4,183 shares of the company's stock, 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 SEC, which can be accessed through the SEC website. Corporate insiders own 0.67% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on CW. Morgan Stanley upped their price objective on Curtiss-Wright from $334.00 to $395.00 and gave the stock an "overweight" rating in a research report on Tuesday, November 5th. Truist Financial increased their price target on shares of Curtiss-Wright from $304.00 to $333.00 and gave the company a "hold" rating in a research note on Friday, November 1st. Alembic Global Advisors initiated coverage on shares of Curtiss-Wright in a report on Tuesday, October 29th. They issued an "overweight" rating and a $412.00 target price for the company. Robert W. Baird increased their target price on shares of Curtiss-Wright from $300.00 to $312.00 and gave the company an "outperform" rating in a research report on Friday, August 9th. Finally, Stifel Nicolaus cut shares of Curtiss-Wright from a "buy" rating to a "hold" rating and set a $370.00 price target for the company. in a research report on Monday, November 18th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $364.40.

Curtiss-Wright Stock Performance

Shares of CW traded up $3.67 during mid-day trading on Tuesday, reaching $375.05. 182,844 shares of the company's stock were exchanged, compared to its average volume of 226,639. The business's fifty day simple moving average is $350.07 and its 200-day simple moving average is $307.94. Curtiss-Wright Co. has a 52-week low of $209.01 and a 52-week high of $393.40. The stock has a market capitalization of $14.23 billion, a PE ratio of 35.46 and a beta of 1.17. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.98 and a quick ratio of 1.39.

Curtiss-Wright Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 3rd. Stockholders of record on Friday, November 22nd will be issued a $0.21 dividend. The ex-dividend date is Friday, November 22nd. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.22%. Curtiss-Wright's payout ratio is 7.95%.

Curtiss-Wright 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.