Chicago Bridge & Iron Company N.V. (CBI) Stock Price Increases Today

April 17, 2018 - By Darrin Black

Chicago Bridge & Iron Company N.V. (NYSE:CBI) Logo

Investors sentiment decreased to 0.58 in 2017 Q4. Its down 0.14, from 0.72 in 2017Q3. It dived, as 54 investors sold Chicago Bridge & Iron Company N.V. shares while 83 reduced holdings. 30 funds opened positions while 50 raised stakes. 59.08 million shares or 10.73% less from 66.18 million shares in 2017Q3 were reported.
Lsv Asset Mngmt reported 1.32M shares or 0.03% of all its holdings. 394,100 are held by Bandera Prns Ltd Limited Liability Company. Howe & Rusling Inc holds 0% of its portfolio in Chicago Bridge & Iron Company N.V. (NYSE:CBI) for 40 shares. 37,076 are owned by Cetera Advsrs Ltd Company. Dimensional Fund Advsrs L P reported 1.33 million shares stake. The Maryland-based Sandy Spring Fincl Bank has invested 0% in Chicago Bridge & Iron Company N.V. (NYSE:CBI). The New York-based Oz Mgmt Lp has invested 0.03% in Chicago Bridge & Iron Company N.V. (NYSE:CBI). First Personal Serv accumulated 3,000 shares. Bnp Paribas Asset Holdg reported 292,578 shares. Deutsche State Bank Ag stated it has 0.01% in Chicago Bridge & Iron Company N.V. (NYSE:CBI). Dubuque Bank Tru Co reported 79 shares. United Advisers Ltd Llc stated it has 0.02% in Chicago Bridge & Iron Company N.V. (NYSE:CBI). Cooper Creek Mngmt Ltd Liability Company accumulated 695,148 shares or 7.25% of the stock. Highland Cap Mgmt Ltd holds 41,096 shares. Jane Street Grp Llc reported 0.01% in Chicago Bridge & Iron Company N.V. (NYSE:CBI).

Since October 20, 2017, it had 0 insider buys, and 2 selling transactions for $242,700 activity.

The stock of Chicago Bridge & Iron Company N.V. (NYSE:CBI) is a huge mover today! The stock increased 7.22% or $1.02 during the last trading session, reaching $15.15. About 13.74 million shares traded or 331.36% up from the average. Chicago Bridge & Iron Company N.V. (NYSE:CBI) has declined 47.57% since April 17, 2017 and is downtrending. It has underperformed by 59.12% the S&P500.
The move comes after 7 months positive chart setup for the $1.55 billion company. It was reported on Apr, 17 by Barchart.com. We have $16.51 PT which if reached, will make NYSE:CBI worth $139.77 million more.

Analysts await Chicago Bridge & Iron Company N.V. (NYSE:CBI) to report earnings on May, 14. They expect $0.45 EPS, up 87.50 % or $0.21 from last year’s $0.24 per share. CBI’s profit will be $46.13M for 8.42 P/E if the $0.45 EPS becomes a reality. After $0.48 actual EPS reported by Chicago Bridge & Iron Company N.V. for the previous quarter, Wall Street now forecasts -6.25 % negative EPS growth.

Chicago Bridge & Iron Company N.V. (NYSE:CBI) Ratings Coverage

Among 8 analysts covering Chicago Bridge (NYSE:CBI), 1 have Buy rating, 0 Sell and 7 Hold. Therefore 13% are positive. Chicago Bridge had 12 analyst reports since October 20, 2017 according to SRatingsIntel. Deutsche Bank maintained Chicago Bridge & Iron Company N.V. (NYSE:CBI) rating on Tuesday, October 24. Deutsche Bank has “Buy” rating and $20 target. UBS maintained the stock with “Neutral” rating in Wednesday, November 1 report. On Tuesday, October 31 the stock rating was maintained by Jefferies with “Hold”. Robert W. Baird maintained the shares of CBI in report on Wednesday, January 24 with “Hold” rating. The firm has “Neutral” rating by DA Davidson given on Tuesday, December 19. Credit Suisse maintained Chicago Bridge & Iron Company N.V. (NYSE:CBI) on Friday, November 3 with “Neutral” rating. The stock of Chicago Bridge & Iron Company N.V. (NYSE:CBI) has “Neutral” rating given on Tuesday, October 31 by Robert W. Baird. Macquarie Research upgraded the shares of CBI in report on Tuesday, December 19 to “Hold” rating. The firm has “Hold” rating by KeyBanc Capital Markets given on Tuesday, October 31. Robert W. Baird maintained Chicago Bridge & Iron Company N.V. (NYSE:CBI) on Monday, April 9 with “Hold” rating.

Chicago Bridge & Iron Company N.V. provides conceptual design, technology, engineering, procurement, fabrication, modularization, construction, commissioning, maintenance, program management, and environmental services worldwide. The company has market cap of $1.55 billion. It operates in four divisions: Engineering & Construction, Fabrication Services, Technology, and Capital Services. It currently has negative earnings. The Engineering & Construction segment provides engineering, procurement, and construction services for energy infrastructure facilities, such as upstream and downstream process facilities for the gas and oil industry, as well as liquefied natural gas liquefaction and regasification terminals, and fossil electric generating plants for the power generation industry.

Chicago Bridge & Iron Company N.V. (NYSE:CBI) Institutional Positions Chart

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