3 days Ago By ABMN Staff
CIBC Private Wealth Group LLC raised its holdings in shares of H&E Equipment Services, Inc. ( NASDAQ:HEES – Free Report ) by 38.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC).
The institutional investor owned 4,172 shares of the industrial products company’s stock after acquiring an additional 1,166 shares during the period. CIBC Private Wealth Group LLC’s holdings in H&E Equipment Services were worth $190,000 as of its most recent SEC filing. Other institutional investors also recently added to or reduced their stakes in the company.
Victory Capital Management Inc. increased its holdings in shares of H&E Equipment Services by 1,238.8% during the fourth quarter.
Victory Capital Management Inc. now owns 689,911 shares of the industrial products company’s stock valued at $33,778,000 after purchasing an additional 638,379 shares during the period. Vaughan Nelson Investment Management L.
P. bought a new position in H&E Equipment Services in the 4th quarter valued at about $28,780,000. American Century Companies Inc.
increased its stake in H&E Equipment Services by 17.2% during the 4th quarter. American Century Companies Inc.
now owns 2,134,252 shares of the industrial products company’s stock valued at $104,493,000 after buying an additional 313,880 shares during the period. Fisher Asset Management LLC raised its position in shares of H&E Equipment Services by 77.1% during the 4th quarter.
Fisher Asset Management LLC now owns 348,656 shares of the industrial products company’s stock worth $17,070,000 after buying an additional 151,761 shares in the last quarter. Finally, Sei Investments Co. bought a new stake in shares of H&E Equipment Services during the 4th quarter worth about $5,853,000.
Institutional investors and hedge funds own 84.08% of the company’s stock. Analyst Ratings Changes HEES has been the topic of a number of research analyst reports.
UBS Group reiterated a “neutral” rating and set a $92.00 price objective (up previously from $60.00) on shares of H&E Equipment Services in a research note on Friday, January 17th.
StockNews.com assumed coverage on H&E Equipment Services in a research note on Sunday. They set a “hold” rating for the company.
Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, H&E Equipment Services currently has an average rating of “Hold” and an average price target of $71.
33. H&E Equipment Services Stock Performance Shares of HEES opened at $93.08 on Monday.
The company has a debt-to-equity ratio of 2.09, a current ratio of 0.64 and a quick ratio of 0.
59. The firm’s 50 day moving average is $92.98 and its 200-day moving average is $69.
35. H&E Equipment Services, Inc. has a 12-month low of $40.
93 and a 12-month high of $101.28. The stock has a market capitalization of $3.
41 billion, a P/E ratio of 23.62 and a beta of 1.74.
H&E Equipment Services ( NASDAQ:HEES – Get Free Report ) last posted its quarterly earnings results on Friday, February 21st. The industrial products company reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.
81 by $0.18. H&E Equipment Services had a return on equity of 25.
46% and a net margin of 9.47%. The company had revenue of $384.
08 million for the quarter, compared to analysts’ expectations of $372.50 million. Equities research analysts anticipate that H&E Equipment Services, Inc.
will post 3.25 EPS for the current fiscal year. H&E Equipment Services Dividend Announcement The business also recently announced a quarterly dividend, which was paid on Monday, February 24th.
Stockholders of record on Tuesday, February 18th were issued a dividend of $0.275 per share. This represents a $1.
10 annualized dividend and a dividend yield of 1.18%. The ex-dividend date of this dividend was Tuesday, February 18th.
H&E Equipment Services’s dividend payout ratio is 32.64%. H&E Equipment Services Profile ( Free Report ) H&E Equipment Services, Inc engages in the provision of equipment services, which focus on heavy construction and industrial equipment.
It operates through the following segments: Equipment Rentals, New Equipment Sales, Used Equipment Sales, Parts Sales, and Services. The Equipment Rentals segment focuses on renting construction and industrial equipment. Read More Want to see what other hedge funds are holding HEES? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for H&E Equipment Services, Inc. ( NASDAQ:HEES – Free Report ). Receive News & Ratings for H&E Equipment Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for H&E Equipment Services and related companies with MarketBeat.
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