Rating Worth Mentioning: Sidoti Gives Aegion (AEGN) Higher Rating. What Is Next?

November 23, 2016 - By Marguerite Chambers

Rating Worth Mentioning:  Sidoti Gives Aegion (AEGN) Higher Rating. What Is Next?

Aegion (AEGN) Upgrade

Trading of Aegion (AEGN)‘s shares is going to be interesting today. Sidoti increased the stock from a “Neutral” to a “Buy”.

The stock increased 5.32% or $1.28 during the last trading session, hitting $25.35. Aegion Corp (AEGN) has risen 20.26% since April 21, 2016 and is uptrending. It has outperformed by 14.93% the S&P500.

Insitutional Activity: The institutional sentiment increased to 1.11 in 2016 Q2. Its up 0.23, from 0.88 in 2016Q1. The ratio is positive, as 13 funds sold all Aegion Corp shares owned while 53 reduced positions. 11 funds bought stakes while 47 increased positions. They now own 29.08 million shares or 7.82% less from 31.55 million shares in 2016Q1.

Tiaa Cref Invest Mgmt Llc holds 0% or 182,496 shares in its portfolio. Paloma Prns owns 15,523 shares or 0% of their US portfolio. Teachers Retirement Of The State Of Kentucky has 0% invested in the company for 9,922 shares. Brandywine Investment Mgmt Limited Liability Co has 131,922 shares for 0.02% of their US portfolio. Bnp Paribas Arbitrage Sa reported 11,785 shares or 0% of all its holdings. Southernsun Asset Llc has 0.73% invested in the company for 1.43 million shares. Systematic Fincl Mngmt L P reported 79,280 shares or 0.02% of all its holdings. Dimensional Fund Advsrs L P holds 0.03% or 3.07 million shares in its portfolio. Princeton Alpha Ltd Partnership has 0.05% invested in the company for 13,041 shares. Employees Retirement Association Of Colorado has 13,015 shares for 0% of their US portfolio. Tower Cap Lc (Trc) has invested 0.02% of its portfolio in Aegion Corp (NASDAQ:AEGN). Tocqueville Asset Management Limited Partnership last reported 0.11% of its portfolio in the stock. Northern Corporation accumulated 0% or 617,147 shares. Blackrock Limited Com reported 17,306 shares or 0% of all its holdings. Bank & Trust Of Mellon Corp accumulated 0% or 657,339 shares.

Aegion Corporation is engaged in providing infrastructure protection and maintenance. The company has a market cap of $873.66 million. The Firm is engaged in providing technologies and services to protect against the corrosion of industrial pipelines, and rehabilitate and strengthen water, wastewater, energy and mining piping systems and buildings, bridges, tunnels and waterfront structures. It currently has negative earnings. It operates through three divisions: Infrastructure Solutions, Corrosion Protection and Energy Services.

According to Zacks Investment Research, “Aegion Corporation provides cured-in place pipe and other technologies and services for the rehabilitation of pipeline systems. The Company is engaged in providing proprietary technologies and services to protect against the corrosion of industrial pipelines and for the rehabilitation and strengthening of sewer, water, energy and mining piping systems and buildings, bridges, tunnels and waterfront structures. Aegion Corporation, formally known as Insituform Technologies, Inc., is headquartered in Chesterfield, Missouri.”

AEGN Company Profile

Aegion Corporation (Aegion), incorporated on August 17, 2011, is engaged in providing infrastructure protection and maintenance. The Firm operates through three divisions: Infrastructure Solutions, Corrosion Protection and Energy Services. The Firm is engaged in providing technologies and services to protect against the corrosion of industrial pipelines; rehabilitate and strengthen water, wastewater, energy and mining piping systems, as well as buildings, bridges, tunnels and other commercial and industrial structures, and utilize integrated professional services in engineering, procurement, construction, maintenance and turnaround services for a range of energy related industries. The Company’s business activities include manufacturing, distribution, maintenance, construction, installation, coating and insulation, cathodic protection, research and development and licensing. The Firm offers service solutions, including rehabilitation of water and wastewater pipelines with Insituform cured-in-place pipe (CIPP) products; fusible polyvinyl chloride products for rehabilitation; fiber reinforced polymer systems for rehabilitation and strengthening; cathodic protection for corrosion engineering control and infrastructure rehabilitation; pipe coatings for corrosion control and prevention; high density polyethylene (HDPE) pipe lining for corrosion control, abrasion protection and pipeline rehabilitation, and construction and maintenance of gas and oil facilities.

More news for Aegion Corp (NASDAQ:AEGN) were recently published by: Marketwatch.com, which released: “Aegion upgraded to buy from neutral at Hilliard Lyons” on April 22, 2011. Quotes.Wsj.com‘s article titled: “News Aegion Corp.AEGN” and published on October 26, 2011 is yet another important article.

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