November 23, 2016 - By Clifton Ray
D Pantaleoni, an insider and also VP Envir. Health & Safety of the famous company Crane Co made sell. He unloaded 5,000 shares of the firm with the insider transaction valued at $371,460 USD – at an average $74.3 per share. D Pantaleoni right now holds 0.04% of Crane Co’s total market capitalization with ownership of 21,975 shares.
Out of 11 analysts covering Crane (NYSE:CR), 3 rate it a “Buy”, 0 “Sell”, while 8 “Hold”. This means 27% are positive. $70 is the highest target while $46 is the lowest. The $59.83 average target is -20.93% below today’s ($75.67) stock price. Crane has been the topic of 20 analyst reports since July 30, 2015 according to StockzIntelligence Inc. The firm has “Hold” rating by Canaccord Genuity given on Wednesday, October 26. Topeka Capital Markets initiated the stock with “Buy” rating in Thursday, May 26 report. As per Thursday, October 15, the company rating was initiated by Avondale. The firm has “Accumulate” rating given on Wednesday, March 9 by Seaport Global. The rating was initiated by William Blair with “Outperform” on Tuesday, August 18. The rating was maintained by Stifel Nicolaus with “Hold” on Wednesday, October 26. UBS downgraded it to “Neutral” rating and $57 target price in Wednesday, April 27 report. The firm has “Sector Perform” rating by RBC Capital Markets given on Wednesday, January 27. The company was upgraded on Thursday, January 21 by Seaport Global. Oppenheimer initiated Crane Co. (NYSE:CR) on Thursday, November 17 with “Perform” rating.
Insitutional Activity: The institutional sentiment increased to 1.39 in 2016 Q2. Its up 0.17, from 1.22 in 2016Q1. The ratio improved, as 25 funds sold all Crane Co. shares owned while 76 reduced positions. 32 funds bought stakes while 91 increased positions. They now own 33.45 million shares or 9.63% less from 37.02 million shares in 2016Q1.
Moreover, Reinhart Prns has 0.14% invested in Crane Co. (NYSE:CR) for 24,700 shares. The Illinois-based Citadel Advsr Ltd Limited Liability Company has invested 0% in Crane Co. (NYSE:CR). Clinton Group Inc holds 0.01% or 3,995 shares in its portfolio. Dean Capital Management reported 27,997 shares or 2.18% of all its holdings. Retirement Systems Of Alabama last reported 0.02% of its portfolio in the stock. Next Gru last reported 0% of its portfolio in the stock. Dimensional Fund Advisors Limited Partnership accumulated 839,081 shares or 0.03% of the stock. Buckingham Asset Limited Liability Co has 5,694 shares for 0.11% of their US portfolio. Moreover, Boston Advsr Limited Liability Com has 0.24% invested in Crane Co. (NYSE:CR) for 168,690 shares. Freestone Cap Holdings Ltd Limited Liability Company has 1.86% invested in the company for 335,531 shares. Geode Management Lc has 327,746 shares for 0.01% of their US portfolio. Gfs Advisors last reported 12,600 shares in the company. Southernsun Asset Mngmt Limited Liability Company accumulated 207,940 shares or 0.31% of the stock. Aqr Cap Lc has 0.08% invested in the company for 807,819 shares. Moreover, Snow Mgmt Lp has 3.51% invested in Crane Co. (NYSE:CR) for 1.31 million shares.
Insider Transactions: Since May 25, 2016, the stock had 0 buys, and 9 selling transactions for $3.12 million net activity. $651,397 worth of shares were sold by ELLIS BRADLEY on Friday, August 19. The insider TULLIS JAMES L L sold 2,789 shares worth $190,088. On Wednesday, August 24 the insider BIGELOW E THAYER sold $259,852. 1,500 shares were sold by Cook Donald G, worth $101,547. $385,271 worth of shares were sold by Switter Edward S on Wednesday, May 25. Craney Thomas J sold $5,845 worth of Crane Co. (NYSE:CR) on Friday, August 12. PANTALEONI A D sold $313,712 worth of stock.
The stock increased 0.57% or $0.43 during the last trading session, hitting $75.67. About 382,351 shares traded hands or 13.09% up from the average. Crane Co. (NYSE:CR) has risen 34.14% since April 21, 2016 and is uptrending. It has outperformed by 28.81% the S&P500.
Crane Co. is a diversified manufacturer of engineered industrial products. The company has a market cap of $4.49 billion. The Firm operates in four divisions: Fluid Handling, Payment & Merchandising Technologies, Aerospace & Electronics, and Engineered Materials. It has a 17.75 P/E ratio. The Fluid Handling segment is a well-known provider of engineered fluid handling equipment, including Process Valves and Related Products, Commercial Valves and Other Products.
According to Zacks Investment Research, “Crane Co. is a diversified manufacturer of highly engineered industrial products. Crane provides products and solutions to customers in the aerospace, electronics, hydrocarbon processing, petrochemical, chemical, power generation, automated merchandising, transportation and other markets. The Company has five business segments: Aerospace & Electronics, Fluid Handling, Engineered Materials, Merchandising Systems, and Controls.”
Analysts await Crane Co. (NYSE:CR) to report earnings on January, 23. They expect $0.99 EPS, down 11.61% or $0.13 from last year’s $1.12 per share. CR’s profit will be $58.74 million for 19.11 P/E if the $0.99 EPS becomes a reality. After $1.07 actual EPS reported by Crane Co. for the previous quarter, Wall Street now forecasts -7.48% negative EPS growth.
Crane Co. (Crane), incorporated on April 3, 1985, is a diversified maker of engineered industrial products. The Firm operates in four divisions: Fluid Handling, Payment & Merchandising Technologies, Aerospace & Electronics, and Engineered Materials. The Company’s markets are chemicals, power, gas and oil, aerospace and defense, along with a range of general industrial and consumer related end markets.
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.
By Clifton Ray