Anti-Briggs & Stratton Corp Institutional Investors Sentiment Runs Low in 2016 Q4

July 18, 2017 - By Richard Conner

 Anti Briggs & Stratton Corp Institutional Investors Sentiment Runs Low in  2016 Q4

Sentiment for Briggs & Stratton Corp (NYSE:BGG)

Briggs & Stratton Corp (NYSE:BGG) institutional sentiment decreased to 0.76 in Q4 2016. Its down -0.17, from 0.93 in 2016Q3. The ratio turned negative, as 68 active investment managers started new and increased equity positions, while 90 trimmed and sold positions in Briggs & Stratton Corp. The active investment managers in our partner’s database now have: 36.66 million shares, down from 37.40 million shares in 2016Q3. Also, the number of active investment managers holding Briggs & Stratton Corp in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 35 Reduced: 55 Increased: 45 New Position: 23.

Briggs & Stratton Corporation is a producer of gasoline engines for outdoor power equipment. The company has market cap of $1.04 billion. The Firm designs, makes, markets, sells and services the various products for original equipment manufacturers around the world. It has a 24.72 P/E ratio. It also markets and sells related service parts and accessories for its engines.

The stock increased 0.29% or $0.07 on July 17, reaching $24.23. About shares traded. Briggs & Stratton Corporation (NYSE:BGG) has risen 11.23% since July 18, 2016 and is uptrending. It has underperformed by 5.47% the S&P500.

Investors wait Briggs & Stratton Corporation (NYSE:BGG) to report on August, 17 before the open. its quarterly earnings Wall Street analysts expect $0.51 EPS, up $0.05 or 10.87 % from last year’s $0.46 same quarter earnings. This translates into $21.89 million profit for BGG giving the stock a 11.88 P/E. This is assuming the current $0.51 EPS is accurate. Briggs & Stratton Corporation’s Wall Street analysts see -38.55 % negative EPS growth, taking into account the $0.83 EPS reproted in the previous quarter,

Daruma Capital Management Llc holds 2.75% of its portfolio in Briggs & Stratton Corporation for 2.17 million shares. Salem Capital Management Inc owns 199,575 shares or 2.45% of their US portfolio. Moreover, Hillcrest Asset Management Llc has 2.08% invested in the company for 476,125 shares. The Wisconsin-based Netols Asset Management Inc. has invested 1.65% in the stock. Brandes Investment Partners Lp, a California-based fund reported 2.90 million shares.#img1#

Since January 1, 0001, it had 0 insider purchases, and 3 insider sales for $1.01 million activity.

Briggs & Stratton Corporation (NYSE:BGG) Ratings Coverage

Ratings analysis reveals 33% of Briggs & Stratton Corporation’s analysts are positive. Out of 3 Wall Street analysts rating Briggs & Stratton Corporation, 1 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. BGG was included in 3 notes of analysts from April 15, 2016. The firm earned “Market Perform” rating on Wednesday, June 1 by Raymond James. The stock has “Buy” rating by Northcoast on Monday, January 30. The stock of Briggs & Stratton Corporation (NYSE:BGG) earned “Neutral” rating by Robert W. Baird on Friday, April 15.

More notable recent Briggs & Stratton Corporation (NYSE:BGG) news were published by: Prnewswire.com which released: “Briggs & Stratton Part Of The American Dream” on June 27, 2017, also Prnewswire.com with their article: “Briggs & Stratton Supports United States Veterans At Camp Hope” published on June 13, 2017, Prnewswire.com published: “Briggs & Stratton Corporation To Announce Fiscal 2017 Second Quarter Results” on January 11, 2017. More interesting news about Briggs & Stratton Corporation (NYSE:BGG) were released by: Prnewswire.com and their article: “The Power of American Manufacturing:” published on July 11, 2017 as well as Prnewswire.com‘s news article titled: “Briggs & Stratton Expands Just Check & Addâ„¢ Technology” with publication date: February 15, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: