Actuant (ATU) At $26.05 Forms Bottom; Kingfisher Capital Has Decreased Scana (SCG) Position

Actuant Corporation (NYSE:ATU) Logo

Actuant Corporation (ATU) formed multiple bottom with $25.27 target or 3.00% below today’s $26.05 share price. Actuant Corporation (ATU) has $1.58 billion valuation. The stock increased 2.56% or $0.65 during the last trading session, reaching $26.05. About 394,712 shares traded. Actuant Corporation (NYSE:ATU) has declined 2.94% since June 12, 2017 and is downtrending. It has underperformed by 15.51% the S&P500. Some Historical ATU News: ; 21/03/2018 – ACTUANT CORP -; 15/05/2018 – Wellington Management Group Buys New 4.9% Position in Actuant; 07/05/2018 – Actuant Announces General Counsel Appointment; 26/04/2018 – Actuant Presenting at Wells Fargo Industrials Conference May 9; 23/04/2018 – Investor Expectations to Drive Momentum within WESCO International, Microchip Technology, Collegium Pharmaceutical, Actuant, To; 21/03/2018 – Actuant Cuts 2018 View To Adj EPS $1-Adj EPS $1.10; 21/03/2018 – Actuant Sees 3Q Adj EPS 33c-Adj EPS 38c; 21/03/2018 – Actuant Raises 2018 View To Rev $1.14B-$1.16B; 08/05/2018 – Actuant at Wells Fargo Industrials Conference Tomorrow; 21/03/2018 – Actuant Sees 3Q Rev $300M-$310M

Kingfisher Capital Llc decreased Scana Corporation (SCG) stake by 64.38% reported in 2018Q1 SEC filing. Kingfisher Capital Llc sold 13,049 shares as Scana Corporation (SCG)’s stock declined 10.43%. The Kingfisher Capital Llc holds 7,220 shares with $271,000 value, down from 20,269 last quarter. Scana Corporation now has $5.26B valuation. The stock increased 1.99% or $0.72 during the last trading session, reaching $36.87. About 861,240 shares traded. SCANA Corporation (NYSE:SCG) has declined 47.22% since June 12, 2017 and is downtrending. It has underperformed by 59.79% the S&P500. Some Historical SCG News: ; 09/05/2018 – South Carolina Electric & Gas Company replaces more than 40 percent of its nuclear project capacity with purchase of natural-gas-fired power plant; 27/04/2018 – DOMINION `OPTIMISTIC’ FOR CLOSING SCANA TAKEOVER IN 2018; 23/04/2018 – SCANA Corp expected to post earnings of $1.19 a share – Earnings Preview; 21/03/2018 – GEORGIA PSC OKS DOMINION ENERGY-SCANA COMBINATION; 30/05/2018 – SCANA Corp Delays Declaration of Div on Common Stk for 2Q 2018; 26/04/2018 – SCANA SAYS ABNORMALLY MILD WINTER WEATHER DECREASED QTRLY ELECTRIC REVENUES AT SCE&G; 21/03/2018 – Dominion Energy Gets Georgia Public Service Commission OK to Buy Scana; 26/04/2018 – Scana Corp 1Q EPS $1.18; 15/05/2018 – Magnetar Financial Buys New 2.5% Position in Scana; 12/04/2018 – SANTEE COOPER INTERVENES IN DOMINION’S SCANA TAKEOVER

Since May 14, 2018, it had 1 insider purchase, and 0 sales for $74,400 activity. Another trade for 3,000 shares valued at $74,400 was bought by Altavilla Alfredo.

Analysts await Actuant Corporation (NYSE:ATU) to report earnings on June, 20. They expect $0.36 earnings per share, up 12.50% or $0.04 from last year’s $0.32 per share. ATU’s profit will be $21.85 million for 18.09 P/E if the $0.36 EPS becomes a reality. After $0.13 actual earnings per share reported by Actuant Corporation for the previous quarter, Wall Street now forecasts 176.92% EPS growth.

Investors sentiment decreased to 1.06 in 2018 Q1. Its down 0.23, from 1.29 in 2017Q4. It is negative, as 15 investors sold Actuant Corporation shares while 47 reduced holdings. 15 funds opened positions while 51 raised stakes. 67.91 million shares or 5.02% more from 64.66 million shares in 2017Q4 were reported. Pinebridge L P holds 0.04% of its portfolio in Actuant Corporation (NYSE:ATU) for 63,902 shares. The Alabama-based Regions Financial Corp has invested 0% in Actuant Corporation (NYSE:ATU). Barclays Public Limited Com invested in 18,372 shares or 0% of the stock. Texas Permanent School Fund reported 39,726 shares stake. Gofen & Glossberg Lc Il holds 10,984 shares. Mason Street Advisors Limited invested 0.01% of its portfolio in Actuant Corporation (NYSE:ATU). D E Shaw & Commerce Incorporated holds 0.01% or 297,202 shares in its portfolio. Cove Street Cap Lc owns 549,115 shares. Massmutual Company Fsb Adv invested 0% of its portfolio in Actuant Corporation (NYSE:ATU). State Board Of Administration Of Florida Retirement holds 55,494 shares or 0% of its portfolio. Deutsche Retail Bank Ag stated it has 64,314 shares. Mairs Power Incorporated has 476,775 shares for 0.14% of their portfolio. Piedmont Investment Advisors Limited holds 12,826 shares or 0.01% of its portfolio. Texas-based Dimensional Fund Advisors Ltd Partnership has invested 0.02% in Actuant Corporation (NYSE:ATU). State Common Retirement Fund, New York-based fund reported 64,900 shares.

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. $21.95’s average target is -15.74% below currents $26.05 stock price. Actuant had 50 analyst reports since August 26, 2015 according to SRatingsIntel. On Monday, June 5 the stock rating was maintained by RBC Capital Markets with “Hold”. As per Friday, March 24, the company rating was maintained by RBC Capital Markets. As per Thursday, September 28, the company rating was maintained by Robert W. Baird. Barclays Capital initiated the shares of ATU in report on Friday, September 25 with “Equal-Weight” rating. The firm has “Hold” rating given on Wednesday, September 27 by BMO Capital Markets. As per Tuesday, October 24, the company rating was maintained by RBC Capital Markets. The firm has “Outperform” rating by Robert W. Baird given on Monday, November 14. J.P. Morgan upgraded the stock to “Hold” rating in Wednesday, June 21 report. The stock of Actuant Corporation (NYSE:ATU) has “Hold” rating given on Tuesday, July 25 by RBC Capital Markets. The firm earned “Hold” rating on Thursday, June 22 by Stifel Nicolaus.

Another recent and important SCANA Corporation (NYSE:SCG) news was published by Nasdaq.com which published an article titled: “2 Dividend Stocks With High Yields Too Unsafe to Chase” on June 07, 2018.

Investors sentiment increased to 0.95 in 2018 Q1. Its up 0.08, from 0.87 in 2017Q4. It increased, as 61 investors sold SCG shares while 125 reduced holdings. 58 funds opened positions while 119 raised stakes. 83.88 million shares or 6.67% less from 89.88 million shares in 2017Q4 were reported. Tobam holds 1.09% in SCANA Corporation (NYSE:SCG) or 707,404 shares. Optimum Investment has invested 0.01% in SCANA Corporation (NYSE:SCG). Tiaa Cref Investment Mngmt Limited Liability Company accumulated 419,842 shares or 0.01% of the stock. 10,145 are held by Sei Invests Communication. Benjamin F Edwards & accumulated 2,297 shares. Kwmg Limited Liability Company holds 0.54% or 48,691 shares. 677 are owned by Mufg Americas Holdg Corp. Fairfax Ltd Can holds 0.06% of its portfolio in SCANA Corporation (NYSE:SCG) for 30,000 shares. Atria Invs Lc reported 0.12% in SCANA Corporation (NYSE:SCG). Andra Ap owns 135,700 shares or 0.13% of their US portfolio. Stephens Ar has 24,121 shares for 0.03% of their portfolio. First Republic Inv Mngmt Incorporated accumulated 0% or 11,917 shares. Kbc Grp Nv has invested 0.05% in SCANA Corporation (NYSE:SCG). The Alabama-based Leavell Invest Incorporated has invested 0.1% in SCANA Corporation (NYSE:SCG). Trellus Ltd Liability Co holds 0.68% or 10,000 shares.

SCANA Corporation (NYSE:SCG) Institutional Positions Chart