ITT Corp (ITT) : Parametrica Management Ltd scooped up 95 additional shares in ITT Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 13, 2016. The investment management firm now holds a total of 11,778 shares of ITT Corp which is valued at $401,865.ITT Corp makes up approximately 1.14% of Parametrica Management Ltd’s portfolio.
Other Hedge Funds, Including , Msi Financial Services Inc boosted its stake in ITT in the latest quarter, The investment management firm added 200 additional shares and now holds a total of 964 shares of ITT Corp which is valued at $32,892. Fox Run Management L.l.c. added ITT to its portfolio by purchasing 8,100 company shares during the most recent quarter which is valued at $277,506. ITT Corp makes up approx 0.17% of Fox Run Management L.l.c.’s portfolio.Creative Planning reduced its stake in ITT by selling 1,417 shares or 26.77% in the most recent quarter. The Hedge Fund company now holds 3,876 shares of ITT which is valued at $132,792.Weaver C. Barksdale Associates boosted its stake in ITT in the latest quarter, The investment management firm added 25 additional shares and now holds a total of 341 shares of ITT Corp which is valued at $11,683. ITT Corp makes up approx 0.02% of Weaver C. Barksdale Associates’s portfolio.
ITT Corp closed down -0.62 points or -1.78% at $34.26 with 3,88,655 shares getting traded on Tuesday. Post opening the session at $34.71, the shares hit an intraday low of $34.01 and an intraday high of $34.86 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.
On the company’s financial health, ITT Corp reported $0.67 EPS for the quarter, beating the analyst consensus estimate by $ 0.07 according to the earnings call on Aug 4, 2016. Analyst had a consensus of $0.60. The company had revenue of $626.20 million for the quarter, compared to analysts expectations of $619.61 million. The company’s revenue was down -.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.69 EPS.
ITT Corporation (ITT) is a diversified manufacturer of engineered critical components and technology solutions for industrial markets. The Companys product and service offerings are organized in four segments: Industrial Process Motion Technologies Interconnect Solutions and Control Technologies. Industrial Process manufactures engineered fluid process equipment and is a provider of plant optimization solutions and aftermarket services and parts. Motion Technologies manufactures brake components shock absorbers and damping technologies for the automotive truck and trailer public bus and rail transportation markets. Interconnect Solutions manufactures and designs a range of engineered connector solutions that makes it possible to transfer signal and power between electronic devices. Control Technologies manufactures equipment including actuation valves and noise and energy absorption components for the aerospace and defense and industrial markets.