Anti-Houston Wire & Cable Co Institutional Investors Sentiment Runs Low in Q1 2018

June 15, 2018 - By Louis Casey

Houston Wire & Cable Company (NASDAQ:HWCC) Logo

Sentiment for Houston Wire & Cable Co (NASDAQ:HWCC)

Houston Wire & Cable Co (NASDAQ:HWCC) institutional sentiment decreased to 0.52 in Q1 2018. Its down -0.70, from 1.22 in 2017Q4. The ratio fall, as 12 active investment managers opened new and increased holdings, while 23 sold and reduced their equity positions in Houston Wire & Cable Co. The active investment managers in our partner’s database now hold: 9.90 million shares, down from 10.07 million shares in 2017Q4. Also, the number of active investment managers holding Houston Wire & Cable Co in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 20 Increased: 7 New Position: 5.

Houston Wire & Cable Company, through its subsidiaries, sells electrical and mechanical wire and cable, industrial fasteners, hardware, and related services in the United States. The company has market cap of $145.86 million. It offers wire and cable products, including continuous and interlocked armor cables; control and power cables; electronic wires and cables; flexible and portable cords; instrumentation and thermocouple cables; lead and high temperature cables; medium voltage cables; and premise and category wires and cables, primary and secondary aluminum distribution cables, and steel wire ropes and wire rope slings, as well as synthetic fiber rope slings, chains, shackles, and other related hardware and corrosion resistant products. It currently has negative earnings. The firm also provides private branded products comprising its proprietary brand LifeGuard, a low-smoke zero-halogen cable.

The stock decreased 1.12% or $0.1 during the last trading session, reaching $8.85. About 10,256 shares traded. Houston Wire & Cable Company (NASDAQ:HWCC) has risen 25.58% since June 15, 2017 and is uptrending. It has outperformed by 13.01% the S&P500.

Rutabaga Capital Management Llc Ma holds 1.47% of its portfolio in Houston Wire & Cable Company for 851,654 shares. Thomson Horstmann & Bryant Inc owns 782,480 shares or 0.75% of their US portfolio. Moreover, Pacific Ridge Capital Partners Llc has 0.42% invested in the company for 211,440 shares. The New York-based Walthausen & Co. Llc has invested 0.31% in the stock. Ancora Advisors Llc, a Us-based fund reported 532,757 shares.

Since January 1, 0001, it had 10 insider buys, and 0 insider sales for $802,239 activity.

Another recent and important Houston Wire & Cable Company (NASDAQ:HWCC) news was published by Nasdaq.com which published an article titled: “Houston Wire & Cable Company Elects Robert Reymond to Board of Directors” on June 04, 2018.

Houston Wire & Cable Company (NASDAQ:HWCC) Institutional Positions Chart

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