Rating Worth Mentioning Today: Stifel Nicolaus Cuts Headwaters Inc (NYSE:HW) To “Hold”. The Target Price per Share is Set to $21.00

November 23, 2016 - By whatsonthorold

Rating Worth Mentioning Today:  Stifel Nicolaus Cuts Headwaters Inc (NYSE:HW) To

Headwaters Inc (NYSE:HW) Downgrade

Headwaters Inc (NYSE:HW)‘s stock was lowered to a “Hold” by professional analysts at Stifel Nicolaus, who have a price target of $21.00 on HW. The firm’s “Buy” rating is no longer valid.

Headwaters Inc (NYSE:HW) Ratings Coverage

Out of 7 analysts covering Headwaters Inc (NYSE:HW), 4 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 57% are positive. $24.25 is the highest target while $20 is the lowest. The $22.18 average target is -5.86% below today’s ($23.56) stock price. Headwaters Inc has been the topic of 12 analyst reports since July 22, 2015 according to StockzIntelligence Inc. DA Davidson downgraded Headwaters Inc (NYSE:HW) on Tuesday, November 22 to “Neutral” rating. Zacks upgraded the stock to “Hold” rating in Tuesday, September 1 report. The stock of Headwaters Inc (NYSE:HW) earned “Buy” rating by CL King on Wednesday, July 22. Jefferies initiated Headwaters Inc (NYSE:HW) on Tuesday, September 13 with “Buy” rating. The firm earned “Buy” rating on Wednesday, August 5 by Stifel Nicolaus. The stock of Headwaters Inc (NYSE:HW) has “Hold” rating given on Tuesday, November 22 by SunTrust. CL King downgraded the stock to “Neutral” rating in Tuesday, August 9 report. The firm has “Neutral” rating given on Friday, April 29 by DA Davidson. TheStreet upgraded the shares of HW in a report on Tuesday, August 18 to “Hold” rating. The firm has “Buy” rating by Canaccord Genuity given on Thursday, January 28.

It is down 15.52% since April 21, 2016 and is uptrending. It has outperformed by 10.19% the S&P500.

Insitutional Activity: The institutional sentiment decreased to 1.07 in Q2 2016. Its down 0.08, from 1.15 in 2016Q1. The ratio fall, as 26 funds sold all Headwaters Inc shares owned while 61 reduced positions. 36 funds bought stakes while 64 increased positions. They now own 65.14 million shares or 1.21% more from 64.36 million shares in 2016Q1.

Barclays Public Ltd Liability Company accumulated 0% or 28,693 shares. Employees Retirement Association Of Colorado last reported 0.1% of its portfolio in the stock. Hodges Capital Mgmt has invested 0.13% of its portfolio in Headwaters Inc (NYSE:HW). Numeric Lc last reported 432,256 shares in the company. Monarch Prtn Asset Mngmt Limited Liability Corporation, a Massachusetts-based fund reported 165,490 shares. Metropolitan Life Insurance Communications Ny has invested 0.01% of its portfolio in Headwaters Inc (NYSE:HW). Pnc Financial Services Group has 0% invested in the company for 4,443 shares. Wellington Management Grp Llp has 8.17 million shares for 0.04% of their US portfolio. Federated Pa has 47,406 shares for 0% of their US portfolio. Fuller And Thaler Asset Inc holds 130,079 shares or 0.04% of its portfolio. Icon Advisers Inc has 0.13% invested in the company for 105,000 shares. Teacher Retirement Systems Of Texas reported 10,454 shares or 0% of all its holdings. Allianz Asset Mgmt Ag has 0% invested in the company for 90,660 shares. Oxford Asset accumulated 20,348 shares or 0.02% of the stock. Huntington Bancshares owns 1,943 shares or 0% of their US portfolio.

Insider Transactions: Since August 8, 2016, the stock had 1 insider purchase, and 1 sale for $516,787 net activity. Whisnant Bob L. also sold $625,486 worth of Headwaters Inc (NYSE:HW) shares. $108,699 worth of Headwaters Inc (NYSE:HW) was bought by CHRISTENSEN R SAM.

Headwaters Incorporated is a building materials company. The company has a market cap of $1.75 billion. The Company’s divisions include building products, construction materials and energy technology. It has a 37.02 P/E ratio. The Company’s building products segment consists of product sales to wholesale and retail distributors, contractors and other users of building products.

According to Zacks Investment Research, “Headwaters Incorporated is a world leader in creating value through innovative advancements in the utilization of natural resources. Headwaters is a diversified growth company providing products, technologies and services to the energy, construction and home improvement industries. Through its alternative energy, coal combustion products, and building materials businesses, the Company earns a growing revenue stream that provides the capital needed to expand and acquire synergistic new business opportunities.”

HW Company Profile

Headwaters Incorporated, incorporated on August 08, 1995, is a building materials company. The Company’s divisions include building products, construction materials and energy technology. The Company’s building products segment consists of product sales to wholesale and retail distributors, contractors and other users of building products. The Company’s construction materials segment consists of coal combustion products (CCP) sales to ready-mix concrete businesses, with a smaller amount from services provided to coal-fueled electric generating utilities. The Company’s energy technology segment consists of catalyst sales to oil refineries.

More important recent Headwaters Inc (NYSE:HW) news were published by: Wsj.com which released: “Boral to Acquire Headwaters Inc.” on November 20, 2016, also Reuters.com published article titled: “BRIEF-Boral Limited to buy Headwaters Inc”, Businesswire.com published: “Headwaters, Inc. Shareholder Alert: Former SEC Attorney Willie Briscoe and …” on November 21, 2016. More interesting news about Headwaters Inc (NYSE:HW) was released by: Prnewswire.com and their article: “Harwood Feffer LLP Announces Investigation of Headwaters Incorporated” with publication date: November 21, 2016.

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