1.03 is Albany International Corp’s (NYSE:AIN) Institutional Investor Sentiment

April 17, 2018 - By Richard Conner

Albany International Corp. (NYSE:AIN) Logo

Sentiment for Albany International Corp (NYSE:AIN)

Albany International Corp (NYSE:AIN) institutional sentiment decreased to 1.03 in 2017 Q4. Its down -0.19, from 1.22 in 2017Q3. The ratio has worsened, as 73 investment managers increased or opened new equity positions, while 71 sold and reduced their stock positions in Albany International Corp. The investment managers in our partner’s database now possess: 28.52 million shares, down from 28.94 million shares in 2017Q3. Also, the number of investment managers holding Albany International Corp in their top 10 equity positions was flat from 1 to 1 for the same number . Sold All: 9 Reduced: 62 Increased: 51 New Position: 22.

Albany International Corp. engages in textile and materials processing businesses worldwide. The company has market cap of $2.09 billion. The firm operates through Machine Clothing and Albany Engineered Composites (AEC) divisions. It has a 62.83 P/E ratio. The MC segment designs, makes, and markets paper machine clothing.

The stock increased 0.62% or $0.4 during the last trading session, reaching $64.65. About 19,945 shares traded. Albany International Corp. (NYSE:AIN) has risen 40.79% since April 17, 2017 and is uptrending. It has outperformed by 29.24% the S&P500.

Analysts await Albany International Corp. (NYSE:AIN) to report earnings on May, 3. They expect $0.47 EPS, up 2.17 % or $0.01 from last year’s $0.46 per share. AIN’s profit will be $15.16 million for 34.39 P/E if the $0.47 EPS becomes a reality. After $0.43 actual EPS reported by Albany International Corp. for the previous quarter, Wall Street now forecasts 9.30 % EPS growth.

Pembroke Management Ltd holds 1.62% of its portfolio in Albany International Corp. for 256,600 shares. Mesirow Financial Investment Management owns 348,421 shares or 1.51% of their US portfolio. Moreover, Granite Investment Partners Llc has 1.12% invested in the company for 287,632 shares. The California-based Nwq Investment Management Company Llc has invested 1.08% in the stock. Aristotle Capital Boston Llc, a Massachusetts-based fund reported 236,505 shares.#img1#

Albany International Corp. (NYSE:AIN) Ratings Coverage

Ratings analysis reveals 0 of Albany International’s analysts are positive. Out of 2 Wall Street analysts rating Albany International, 0 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. AIN was included in 2 notes of analysts from January 9, 2018. The firm earned “Hold” rating on Tuesday, March 6 by Stephens.

Albany International Corp. (NYSE:AIN) Institutional Positions Chart

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