Yousif Capital Management LLC Has $4.24 Million Stock Position in Curtiss-Wright Co. (NYSE:CW)

Yousif Capital Management LLC lowered its stake in Curtiss-Wright Co. (NYSE:CW - Free Report) by 11.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,955 shares of the aerospace company's stock after selling 1,510 shares during the period. Yousif Capital Management LLC's holdings in Curtiss-Wright were worth $4,242,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of CW. Signaturefd LLC boosted its position in shares of Curtiss-Wright by 7.8% during the third quarter. Signaturefd LLC now owns 401 shares of the aerospace company's stock worth $132,000 after purchasing an additional 29 shares in the last quarter. Tidal Investments LLC increased its stake in Curtiss-Wright by 2.6% in the 3rd quarter. Tidal Investments LLC now owns 1,159 shares of the aerospace company's stock valued at $381,000 after buying an additional 29 shares during the last quarter. CIBC Asset Management Inc increased its stake in Curtiss-Wright by 3.5% in the 3rd quarter. CIBC Asset Management Inc now owns 1,103 shares of the aerospace company's stock valued at $363,000 after buying an additional 37 shares during the last quarter. OneDigital Investment Advisors LLC increased its stake in Curtiss-Wright by 3.3% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 1,162 shares of the aerospace company's stock valued at $382,000 after buying an additional 37 shares during the last quarter. Finally, Aaron Wealth Advisors LLC increased its stake in Curtiss-Wright by 5.0% in the 4th quarter. Aaron Wealth Advisors LLC now owns 774 shares of the aerospace company's stock valued at $275,000 after buying an additional 37 shares during the last quarter. Institutional investors and hedge funds own 82.71% of the company's stock.

Curtiss-Wright Stock Performance

NYSE CW traded down $2.87 during trading on Tuesday, reaching $350.18. The company's stock had a trading volume of 354,045 shares, compared to its average volume of 281,794. 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 $13.29 billion, a price-to-earnings ratio of 33.13, a price-to-earnings-growth ratio of 2.50 and a beta of 1.19. Curtiss-Wright Co. has a 12 month low of $225.33 and a 12 month high of $393.40. The firm has a 50 day moving average price of $359.19 and a 200 day moving average price of $341.02.

Curtiss-Wright Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, April 14th. Stockholders of record on Thursday, March 27th will be issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.24%. The ex-dividend date is Thursday, March 27th. Curtiss-Wright's dividend payout ratio (DPR) is presently 7.95%.

Insider Transactions at Curtiss-Wright

In related news, VP John C. Watts sold 622 shares of the stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $347.05, for a total value of $215,865.10. Following the completion of the transaction, the vice president now owns 5,072 shares of the company's stock, valued at $1,760,237.60. This represents a 10.92 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Lynn M. Bamford sold 8,289 shares of the stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $346.87, for a total transaction of $2,875,205.43. Following the completion of the transaction, the chief executive officer now directly owns 38,905 shares of the company's stock, valued at approximately $13,494,977.35. The trade was a 17.56 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders bought 116 shares of company stock valued at $35,278 and sold 23,064 shares valued at $8,157,322. 0.67% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

CW has been the topic of several recent research reports. Morgan Stanley lifted their price target on shares of Curtiss-Wright from $334.00 to $395.00 and gave the company an "overweight" rating in a research note on Tuesday, November 5th. Truist Financial boosted their price objective on shares of Curtiss-Wright from $333.00 to $357.00 and gave the stock a "hold" rating in a research note on Tuesday, January 14th. Citigroup assumed coverage on shares of Curtiss-Wright in a research note on Tuesday, January 21st. They set a "buy" rating and a $410.00 price objective on the stock. Stifel Nicolaus lowered 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. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on shares of Curtiss-Wright in a research note on Thursday, December 5th. They issued a "buy" rating and a $452.00 price target on the stock. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to MarketBeat, Curtiss-Wright presently has a consensus rating of "Moderate Buy" and a consensus target price of $386.86.

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.