Northwest Pipe Co (NASDAQ:NWPX) Institutional Investors Sentiment Index Worsens in Q1 2018

June 14, 2018 - By Dolores Ford

Northwest Pipe Company (NASDAQ:NWPX) Logo

Sentiment for Northwest Pipe Co (NASDAQ:NWPX)

Northwest Pipe Co (NASDAQ:NWPX) institutional sentiment decreased to 1.07 in Q1 2018. Its down -0.63, from 1.7 in 2017Q4. The ratio is negative, as 29 investment professionals increased or opened new holdings, while 27 sold and reduced their stock positions in Northwest Pipe Co. The investment professionals in our partner’s database now possess: 7.20 million shares, up from 6.98 million shares in 2017Q4. Also, the number of investment professionals holding Northwest Pipe Co in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 4 Reduced: 23 Increased: 20 New Position: 9.

Northwest Pipe Company manufactures engineered steel pipe water systems in North America. The company has market cap of $204.30 million. The firm operates in two divisions, Water Transmission and Tubular Products. It currently has negative earnings. The Water Transmission segment primarily produces steel pipeline systems for use in drinking water infrastructure, including large diameter, high pressure, and engineered welded steel pipe products; and pipes for piling and hydroelectric projects, wastewater treatment plants, and other applications, as well as for industrial plant piping systems and certain structural applications.

The stock decreased 1.91% or $0.41 during the last trading session, reaching $21.01. About 31,052 shares traded. Northwest Pipe Company (NASDAQ:NWPX) has risen 51.40% since June 14, 2017 and is uptrending. It has outperformed by 38.83% the S&P500.

Analysts await Northwest Pipe Company (NASDAQ:NWPX) to report earnings on August, 1. They expect $-0.20 EPS, up 9.09 % or $0.02 from last year’s $-0.22 per share. After $-0.18 actual EPS reported by Northwest Pipe Company for the previous quarter, Wall Street now forecasts 11.11 % negative EPS growth.

Venator Capital Management Ltd. holds 1.25% of its portfolio in Northwest Pipe Company for 86,519 shares. Eidelman Virant Capital owns 104,303 shares or 1.18% of their US portfolio. Moreover, Pacific Ridge Capital Partners Llc has 1.13% invested in the company for 244,256 shares. The California-based First Wilshire Securities Management Inc has invested 1.07% in the stock. Alphaone Investment Services Llc, a Pennsylvania-based fund reported 182,628 shares.

Another recent and important Northwest Pipe Company (NASDAQ:NWPX) news was published by which published an article titled: “Northwest Pipe (NWPX) Secures Southern Water Supply Project Phase II Contract” on May 21, 2018.

Northwest Pipe Company (NASDAQ:NWPX) 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: