Is Abm Industries Incorporated (NYSE:ABM)’s Fuel Running High? Reports Show Less Sellers

June 16, 2018 - By Marie Mckinney

ABM Industries Incorporated (NYSE:ABM) Logo

Investors sentiment increased to 1.57 in Q1 2018. Its up 0.28, from 1.29 in 2017Q4. It increased, as 15 investors sold ABM Industries Incorporated shares while 45 reduced holdings. 31 funds opened positions while 63 raised stakes. 60.07 million shares or 2.97% less from 61.91 million shares in 2017Q4 were reported.
Natixis Advsrs L P holds 0.04% or 119,172 shares. Legal & General Gru Public Limited Com holds 0% or 158,026 shares in its portfolio. Advisory Services Ntwk Llc accumulated 69 shares. Great West Life Assurance Can reported 85,935 shares or 0.01% of all its holdings. 23,441 were reported by Millennium Mngmt Ltd Company. Piedmont Advisors Limited Liability Company holds 0.01% in ABM Industries Incorporated (NYSE:ABM) or 14,013 shares. Louisiana State Employees Retirement Sys holds 33,800 shares. Dimensional Fund Advsrs Lp owns 0.04% invested in ABM Industries Incorporated (NYSE:ABM) for 2.75 million shares. Hartford Inv Management Commerce has invested 0.14% of its portfolio in ABM Industries Incorporated (NYSE:ABM). Proshare Advsrs Lc holds 0.04% of its portfolio in ABM Industries Incorporated (NYSE:ABM) for 205,883 shares. Koch Indus has invested 0.03% in ABM Industries Incorporated (NYSE:ABM). Svcs Automobile Association holds 0% of its portfolio in ABM Industries Incorporated (NYSE:ABM) for 10,823 shares. Blackrock reported 0.01% in ABM Industries Incorporated (NYSE:ABM). State Of New Jersey Common Pension Fund D, a New Jersey-based fund reported 75,000 shares. Bryn Mawr Trust owns 0.4% invested in ABM Industries Incorporated (NYSE:ABM) for 209,477 shares.

Since January 10, 2018, it had 0 insider purchases, and 1 sale for $81,789 activity.

The stock of Abm Industries Incorporated (NYSE:ABM) registered a decrease of 3.63% in short interest. ABM’s total short interest was 5.27 million shares in June as published by FINRA. Its down 3.63% from 5.46M shares, reported previously. With 705,600 shares average volume, it will take short sellers 8 days to cover their ABM’s short positions. The short interest to Abm Industries Incorporated’s float is 8.7%.

The stock increased 0.51% or $0.16 during the last trading session, reaching $31.25. About 990,302 shares traded or 13.35% up from the average. ABM Industries Incorporated (NYSE:ABM) has declined 30.90% since June 16, 2017 and is downtrending. It has underperformed by 43.47% the S&P500.

ABM Industries Incorporated provides integrated facility solutions in the United States and internationally. The company has market cap of $2.05 billion. It offers carpet cleaning and dusting, floor cleaning and finishing, window washing, and other building cleaning services for commercial office buildings, data centers, educational institutions, government buildings, health facilities, industrial buildings, retail stores, sport event facilities, and transportation hubs. It has a 21.42 P/E ratio. The firm also provides onsite mechanical engineering and technical services and solutions relating to a range of facilities and infrastructure systems; and parking and transportation services for clients at various locations, including commercial office buildings, educational institutions, health facilities, hotels, sport event facilities, and transportation hubs.

More notable recent ABM Industries Incorporated (NYSE:ABM) news were published by: Globenewswire.com which released: “ABM Industries to Present at the Stifel 2018 Cross Sector Insight Conference on June 11” on May 29, 2018, also Seekingalpha.com with their article: “ABM Industries Incorporated (ABM) CEO Scott Salmirs on Q2 2018 Results – Earnings Call Transcript” published on June 07, 2018, Globenewswire.com published: “ABM Franchising Group Support Department Honored as Bronze Stevie® Award Winner at 2018 American Business …” on June 14, 2018. More interesting news about ABM Industries Incorporated (NYSE:ABM) were released by: Fool.com and their article: “Why Shares of ABM Industries, Inc. Jumped 13% Today” published on June 07, 2018 as well as Globenewswire.com‘s news article titled: “ABM Industries Announces Results for Second Quarter Fiscal 2018” with publication date: June 06, 2018.

ABM Industries Incorporated (NYSE:ABM) Institutional Positions Chart

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: