Two Sigma Advisers LP Has $31.95 Million Stock Position in Curtiss-Wright Co. (NYSE:CW)

Two Sigma Advisers LP grew its position in Curtiss-Wright Co. (NYSE:CW - Free Report) by 2.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 97,200 shares of the aerospace company's stock after purchasing an additional 2,000 shares during the quarter. Two Sigma Advisers LP owned approximately 0.26% of Curtiss-Wright worth $31,949,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. GPS Wealth Strategies Group LLC bought a new position in Curtiss-Wright during the second quarter worth $30,000. Tsfg LLC increased its position in 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 acquiring an additional 67 shares during the period. UMB Bank n.a. increased its position in Curtiss-Wright by 303.8% during the third quarter. UMB Bank n.a. now owns 105 shares of the aerospace company's stock worth $35,000 after acquiring an additional 79 shares during the period. Brooklyn Investment Group bought a new position in Curtiss-Wright during the third quarter worth $59,000. Finally, Quarry LP increased its position in 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 acquiring an additional 161 shares during the period. Institutional investors own 82.71% of the company's stock.

Curtiss-Wright Trading Down 1.1 %

Curtiss-Wright stock traded down $4.18 during trading hours on Friday, reaching $376.01. 183,694 shares of the company's stock traded hands, compared to its average volume of 241,729. 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 fifty-two week low of $212.05 and a fifty-two week high of $393.40. The firm has a market capitalization of $14.27 billion, a price-to-earnings ratio of 35.57 and a beta of 1.18. The firm's 50 day moving average is $359.17 and its 200-day moving average is $313.79.

Curtiss-Wright Dividend Announcement

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

Wall Street Analyst Weigh In

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

Insider Buying and Selling at Curtiss-Wright

In related news, VP John C. Watts sold 412 shares of the stock in a transaction that occurred 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 $1,503,997.65. This trade represents a 8.97 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 0.67% of the company's stock.

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.