ABM Industries (ABM) : Gemmer Asset Management reduced its stake in ABM Industries by 0.21% during the most recent quarter end. The investment management company now holds a total of 466,516 shares of ABM Industries which is valued at $15,241,078 after selling 992 shares in ABM Industries , the firm said in a disclosure report filed with the SEC on Apr 15, 2016.ABM Industries makes up approximately 8.79% of Gemmer Asset Management’s portfolio.
ABM Industries closed down -0.37 points or -1.14% at $32.02 with 1,40,564 shares getting traded on Wednesday. Post opening the session at $32.29, the shares hit an intraday low of $31.97 and an intraday high of $32.34 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
Other Hedge Funds, Including , Benjamin F. Edwards Company sold out all of its stake in ABM during the most recent quarter. The investment firm sold 3 shares of ABM which is valued $98.Capstone Asset Management Co reduced its stake in ABM by selling 610 shares or 2.51% in the most recent quarter. The Hedge Fund company now holds 23,720 shares of ABM which is valued at $774,932. ABM Industries makes up approx 0.02% of Capstone Asset Management Co’s portfolio.Sunnymeath Asset Management reduced its stake in ABM by selling 2,000 shares or 52.63% in the most recent quarter. The Hedge Fund company now holds 1,800 shares of ABM which is valued at $57,168. ABM Industries makes up approx 0.09% of Sunnymeath Asset Management’s portfolio.
On the company’s financial health, ABM Industries reported $0.38 EPS for the quarter, beating the analyst consensus estimate by $ 0.12 according to the earnings call on Mar 8, 2016. Analyst had a consensus of $0.26. The company had revenue of $1268.40 million for the quarter, compared to analysts expectations of $1255.28 million. The company’s revenue was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.38 EPS.
ABM Industries Incorporated (ABM) is a provider of integrated facility solutions. The Company provides end-to-end integrated facilities management services to commercial governmental industrial institutional residential and retail client facilities in cities primarily throughout the United States. ABMs capabilities include facility services energy solutions commercial cleaning maintenance and repair heating ventilation and air conditioning (HVAC) electrical landscaping parking and security through stand-alone or integrated solutions. The Companys onsite businesses consist of Janitorial Facility Services Parking and Security segments. Its mobile and on-demand businesses consist of the Building & Energy Solutions segment and certain unconsolidated affiliates that provide facility solutions primarily to the U.S. Government which complement the other operations of the Building & Energy Solutions segment. The Companys new segment Other is comprised of Air Serv.