Trimtabs Asset Management adds Curtiss-Wright Corp. (CW) to its portfolio

Curtiss-Wright Corp. (CW) : Trimtabs Asset Management added new position in Curtiss-Wright Corp. during the most recent quarter end. The investment management firm now holds 19,090 shares of Curtiss-Wright Corp. which is valued at $1,676,866 , the company said in a statement filed on Aug 1, 2016 with the SEC.Curtiss-Wright Corp. makes up approximately 1.04% of Trimtabs Asset Management’s portfolio.

Other Hedge Funds, Including , Msi Financial Services Inc reduced its stake in CW by selling 28 shares or 5.66% in the most recent quarter. The Hedge Fund company now holds 467 shares of CW which is valued at $40,494.Oakbrook Investments boosted its stake in CW in the latest quarter, The investment management firm added 100 additional shares and now holds a total of 3,600 shares of Curtiss-Wright Corp. which is valued at $312,516. Curtiss-Wright Corp. makes up approx 0.02% of Oakbrook Investments’s portfolio.

Curtiss-Wright Corp. opened for trading at $87.98 and hit $89.15 on the upside on Thursday, eventually ending the session at $89.09, with a gain of 1.42% or 1.25 points. The heightened volatility saw the trading volume jump to 1,85,472 shares. Company has a market cap of $3,958 M.

On the company’s financial health, Curtiss-Wright Corp. reported $0.88 EPS for the quarter, beating the analyst consensus estimate by $ 0.07 according to the earnings call on Jul 27, 2016. Analyst had a consensus of $0.81. The company had revenue of $533.00 million for the quarter, compared to analysts expectations of $523.83 million. The company’s revenue was down -2.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.83 EPS.

Curtiss-Wright Corporation is a provider of engineered critical function products and services to the commercial defense energy and industrial markets. The Company operates under three segments: Commercial/Industrial Defense and Energy. The Company’s manufacturing facilities are located in the United States in New York Ohio North Carolina and Pennsylvania and internationally in Canada and the United Kingdom. The Company has approximately 185 facilities including five corporate and shared-services facilities. It supplies its products and services to original equipment manufacturers (OEMs) and aftermarket industrial customers including the transportation commercial trucking off-road equipment construction automotive chemical oil and gas and medical industries. It also produces operation-critical valves for the power and process industries.

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