Today’s Stock Alert: AZZ Inc Has Another Very Weak Trading Session

Today's Stock Alert: AZZ Inc Has Another Very Weak Trading Session

The stock of AZZ Inc (NYSE:AZZ) is a huge mover today! About 1.20 million shares traded hands or 914.26% up from the average. AZZ Inc (NYSE:AZZ) has risen 22.69% since March 2, 2016 and is uptrending. It has outperformed by 14.43% the S&P500.
The move comes after 8 months negative chart setup for the $1.46 billion company. It was reported on Oct, 5 by We have $53.70 PT which if reached, will make NYSE:AZZ worth $87.60M less.

AZZ Inc (NYSE:AZZ) Ratings Coverage

Out of 3 analysts covering AZZ (NYSE:AZZ), 0 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 0 are positive. AZZ has been the topic of 4 analyst reports since September 1, 2015 according to StockzIntelligence Inc. The stock has “Hold” rating given by BB&T Capital on Monday, January 11. The company was downgraded on Tuesday, September 1 by Zacks. The rating was downgraded by Sidoti to “Neutral” on Monday, October 12. The company was initiated on Monday, March 28 by Stifel Nicolaus.

According to Zacks Investment Research, “AZZ Incorporated is an electrical equipment and components manufacturer serving the global growth markets of power generation, transmission and distribution, and industrial markets as well as a provider of hot dip galvanizing services to the steel fabrication market nationwide.”

Insitutional Activity: The institutional sentiment increased to 1.11 in Q2 2016. Its up 0.07, from 1.04 in 2016Q1. The ratio improved, as 15 funds sold all AZZ Inc shares owned while 56 reduced positions. 15 funds bought stakes while 64 increased positions. They now own 21.32 million shares or 1.25% less from 21.59 million shares in 2016Q1.
Credit Suisse Ag last reported 0% of its portfolio in the stock. Blair William Il last reported 0% of its portfolio in the stock. Wells Fargo & Mn holds 0% or 20,351 shares in its portfolio. Mutual Of America Capital Limited Com has invested 0.31% of its portfolio in AZZ Inc (NYSE:AZZ). Renaissance Tech Limited Com has 43,600 shares for 0% of their US portfolio. Putnam Invests Ltd, a Massachusetts-based fund reported 56,210 shares. Pacad Inv Ltd accumulated 0% or 100 shares. Haverford Tru accumulated 3,500 shares or 0.01% of the stock. State Street has 0% invested in the company for 510,009 shares. Prudential Financial owns 98,956 shares or 0.01% of their US portfolio. Ironbridge Capital Mngmt Limited Partnership owns 72,803 shares or 0.19% of their US portfolio. Utd Svcs Automobile Association holds 0% of its portfolio in AZZ Inc (NYSE:AZZ) for 7,190 shares. Thrivent Fin For Lutherans accumulated 354,350 shares or 0.1% of the stock. Moreover, Creative Planning has 0% invested in AZZ Inc (NYSE:AZZ) for 131 shares. Neuberger Berman Group Ltd Liability Corporation holds 250,710 shares or 0.02% of its portfolio.

Insider Transactions: Since April 29, 2016, the stock had 5 insider purchases, and 2 selling transactions for $226,005 net activity. $4,188 worth of AZZ Inc (NYSE:AZZ) shares were bought by Pendley Timothy E. The insider DOWNEY H KIRK sold $204,674. 361 shares were bought by Mackey Tara D, worth $13,870. $11,634 worth of AZZ Inc (NYSE:AZZ) was bought by Bacius Chris M. on Tuesday, September 6. Steines Robert Joseph bought $13,202 worth of AZZ Inc (NYSE:AZZ) on Tuesday, September 6. EMERY MATTHEW VARLEY bought $10,199 worth of stock or 214 shares.

More notable recent AZZ Inc (NYSE:AZZ) news were published by: which released: “AZZ, Inc. (AZZ) Raises Quarterly Dividend 13.3% to $0.17; 1% Yield” on March 27, 2015, also with their article: “AZZ Inc. Reports Financial Results for the Second Quarter of Fiscal Year 2017” published on October 05, 2016, published: “AZZ Inc. Announces the Divestiture of its Nuclear Logistics LLC Operating Unit …” on October 03, 2016. More interesting news about AZZ Inc (NYSE:AZZ) were released by: and their article: “BRIEF-Azz Inc Q2 EPS $0.38” published on October 05, 2016 as well as‘s news article titled: “/quotes/zigman/3870025/realtime” with publication date: October 08, 2010.

AZZ Company Profile

AZZ Inc., incorporated on March 29, 1956, is a well-known provider of galvanizing services, welding solutions, specialty electrical equipment and engineered services to the power generation, transmission, distribution, refining and industrial markets. The Firm operates through two divisions: Energy segment and Galvanizing segment. The Firm operates in Canada, China, Brazil, Poland and the Netherlands.

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