Crossmark Global Holdings Inc. Sells 718 Shares of Curtiss-Wright Co. (NYSE:CW)

Crossmark Global Holdings Inc. cut its holdings in shares of Curtiss-Wright Co. (NYSE:CW) by 19.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,894 shares of the aerospace company’s stock after selling 718 shares during the period. Crossmark Global Holdings Inc.’s holdings in Curtiss-Wright were worth $1,027,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Oppenheimer & Co. Inc. acquired a new stake in Curtiss-Wright during the 3rd quarter worth $542,000. Fisher Asset Management LLC boosted its position in shares of Curtiss-Wright by 8.4% in the 3rd quarter. Fisher Asset Management LLC now owns 70,454 shares of the aerospace company’s stock worth $23,158,000 after purchasing an additional 5,437 shares during the last quarter. MML Investors Services LLC grew its stake in shares of Curtiss-Wright by 21.8% during the third quarter. MML Investors Services LLC now owns 9,786 shares of the aerospace company’s stock worth $3,217,000 after purchasing an additional 1,754 shares during the period. JPMorgan Chase & Co. increased its holdings in Curtiss-Wright by 9.8% in the third quarter. JPMorgan Chase & Co. now owns 119,142 shares of the aerospace company’s stock valued at $39,161,000 after purchasing an additional 10,642 shares during the last quarter. Finally, Freemont Management S.A. lifted its stake in Curtiss-Wright by 154.5% in the third quarter. Freemont Management S.A. now owns 5,600 shares of the aerospace company’s stock valued at $1,841,000 after buying an additional 3,400 shares during the period. Institutional investors own 82.71% of the company’s stock.

Curtiss-Wright Stock Down 0.1 %

Shares of Curtiss-Wright stock opened at $383.75 on Friday. Curtiss-Wright Co. has a 52-week low of $220.90 and a 52-week high of $393.40. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.39 and a current ratio of 1.98. The business’s 50 day simple moving average is $364.27 and its 200 day simple moving average is $334.62. The firm has a market cap of $14.56 billion, a PE ratio of 36.31, a P/E/G ratio of 2.73 and a beta of 1.19.

Curtiss-Wright Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 3rd. Stockholders of record on Friday, November 22nd were paid 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 dividend yield of 0.22%. Curtiss-Wright’s dividend payout ratio is 7.95%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Morgan Stanley boosted their target price on Curtiss-Wright from $334.00 to $395.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 5th. Stifel Nicolaus lowered shares of Curtiss-Wright from a “buy” rating to a “hold” rating and set a $370.00 target price on the stock. in a report on Monday, November 18th. Citigroup started coverage on shares of Curtiss-Wright in a report on Tuesday. They issued a “buy” rating and a $410.00 price target for the company. Deutsche Bank Aktiengesellschaft started coverage on Curtiss-Wright in a research note on Thursday, December 5th. They set a “buy” rating and a $452.00 price objective on the stock. Finally, Alembic Global Advisors began coverage on Curtiss-Wright in a research note on Tuesday, October 29th. They issued an “overweight” rating and a $412.00 target price for the company. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $386.86.

Insider Activity

In related news, CEO Lynn M. Bamford sold 7,129 shares of the business’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $368.80, for a total transaction of $2,629,175.20. Following the transaction, the chief executive officer now directly owns 28,688 shares in the company, valued at approximately $10,580,134.40. The trade was a 19.90 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP John C. Watts sold 412 shares of Curtiss-Wright stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $359.55, for a total transaction of $148,134.60. Following the completion of the transaction, the vice president now directly owns 4,183 shares of the company’s stock, valued at approximately $1,503,997.65. This trade represents a 8.97 % decrease in their position. The disclosure for this sale can be found here. Insiders purchased 116 shares of company stock worth $35,278 in the last quarter. 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.