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: which released: “Briggs & Stratton Part Of The American Dream” on June 27, 2017, also with their article: “Briggs & Stratton Supports United States Veterans At Camp Hope” published on June 13, 2017, 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: and their article: “The Power of American Manufacturing:” published on July 11, 2017 as well as‘s news article titled: “Briggs & Stratton Expands Just Check & Addâ„¢ Technology” with publication date: February 15, 2017.

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