Cubic Corporation (CUB) : Capital Asset Advisory Services added new position in Cubic Corporation during the most recent quarter end. The investment management firm now holds 21,752 shares of Cubic Corporation which is valued at $882,044 , the company said in a statement filed on Apr 12, 2016 with the SEC.Cubic Corporation makes up approximately 1.01% of Capital Asset Advisory Services’s portfolio.
Cubic Corporation closed down -0.55 points or -1.34% at $40.55 with 95,401 shares getting traded on Friday. Post opening the session at $41.01, the shares hit an intraday low of $40.5 and an intraday high of $41.16 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
Other Hedge Funds, Including , Capstone Asset Management Co reduced its stake in CUB by selling 360 shares or 4.83% in the most recent quarter. The Hedge Fund company now holds 7,086 shares of CUB which is valued at $287,337. Cubic Corporation makes up approx 0.01% of Capstone Asset Management Co’s portfolio.Creative Planning reduced its stake in CUB by selling 300 shares or 37.74% in the most recent quarter. The Hedge Fund company now holds 495 shares of CUB which is valued at $19,602.
On the company’s financial health, Cubic Corporation reported $-0.20 EPS for the quarter, missing the analyst consensus estimate by $ -0.44 based on the information available during the earnings call on Feb 4, 2016. Analyst had a consensus of $0.24. The company had revenue of $313.81 million for the quarter, compared to analysts expectations of $330.34 million. The company’s revenue was down -1.5 % compared to the same quarter last year.
Cubic Corporation (Cubic) is an international provider of systems and solutions that address the mass transit and global defense markets. The Company operates in three segments: Cubic Transportation Systems (CTS) Mission Support Services (MSS) and Cubic Defense Systems (CDS). As of the September 30 2013 (fiscal 2013) the Companys CTS business accounted for approximately 38%; MSS and CDS accounted for approximately 62%. CTS specialize in the design development production installation maintenance and operation of automated fare payment and revenue management infrastructure and technologies for transit operators.