November 28, 2016 - By Richard Conner
Frankfurt: In an analyst note revealed on 27 November, Norddeutsche Landesbank maintained their “Hold” rating on shares of HeidelbergCement (ETR:HEI). They currently have a EUR 80.00 target price on the firm. Norddeutsche Landesbank’s target gives a potential downside of -4.88% from the company’s current stock price.
Out of 20 analysts covering HeidelbergCement (ETR:HEI), 12 rate it a “Buy”, 3 “Sell”, while 5 “Hold”. This means 60% are positive. €116 is the highest target while €66 is the lowest. The €84.64 average target is 1.29% above today’s (€83.56) stock price. HeidelbergCement has been the topic of 101 analyst reports since July 21, 2015 according to StockzIntelligence Inc. On Wednesday, October 7 the stock rating was maintained by Societe Generale with “Hold”. The firm has “Buy” rating by Commerzbank given on Wednesday, October 5. The stock of HeidelbergCement AG (ETR:HEI) has “Outperform” rating given on Saturday, November 19 by Bernstein. The stock of HeidelbergCement AG (ETR:HEI) has “Buy” rating given on Wednesday, January 20 by UBS. Bernstein upgraded the stock to “Outperform” rating in Wednesday, February 17 report. Deutsche Bank upgraded the stock to “Buy” rating in Saturday, September 5 report. Baader Wertpapierhandelsbank upgraded the stock to “Buy” rating in Tuesday, June 21 report. The firm has “Hold” rating given on Friday, November 11 by Independent Research. Bankhaus Lampe upgraded the shares of HEI in a report on Friday, March 18 to “Buy” rating. The firm earned “Hold” rating on Tuesday, July 26 by Independent Research.
About 138,238 shares traded hands. HeidelbergCement AG (ETR:HEI) has risen 32.27% since April 25, 2016 and is uptrending. It has outperformed by 26.26% the S&P500.
Analysts await Heico Corp (NYSE:HEI) to report earnings on December, 20. They expect $0.60 earnings per share, up 7.14% or $0.04 from last year’s $0.56 per share. HEI’s profit will be $36.92M for 32.70 P/E if the $0.60 EPS becomes a reality. After $0.62 actual earnings per share reported by Heico Corp for the previous quarter, Wall Street now forecasts -3.23% negative EPS growth.
Insitutional Activity: The institutional sentiment decreased to 1.17 in Q2 2016. Its down 0.03, from 1.2 in 2016Q1. The ratio dropped, as 15 funds sold all HeidelbergCement AG shares owned while 54 reduced positions. 30 funds bought stakes while 53 increased positions. They now own 18.67 million shares or 2.72% less from 19.19 million shares in 2016Q1.
Citadel Ltd Liability Corp reported 185,910 shares or 0.01% of all its holdings. Hyman Charles D holds 0.3% of its portfolio in HeidelbergCement AG (ETR:HEI) for 29,506 shares. Schwab Charles Invest Management Inc holds 0.01% of its portfolio in HeidelbergCement AG (ETR:HEI) for 75,521 shares. Carroll Financial last reported 105 shares in the company. Bnp Paribas Arbitrage reported 1,254 shares or 0% of all its holdings. Voya Inv Mgmt Ltd Limited Liability Company accumulated 0% or 8,433 shares. The New York-based Jane Street Gru Limited has invested 0% in HeidelbergCement AG (ETR:HEI). Pier Limited Liability Com owns 99,753 shares or 1.21% of their US portfolio. Wfg Advisors Limited Partnership, a Texas-based fund reported 234 shares. Moreover, Bessemer Group Inc Incorporated has 0% invested in HeidelbergCement AG (ETR:HEI) for 8,268 shares. Paloma Management has 0.03% invested in the company for 42,077 shares. Bartlett And Lc last reported 0% of its portfolio in the stock. Moreover, Dimensional Fund Advisors L P has 0.02% invested in HeidelbergCement AG (ETR:HEI) for 440,878 shares. Select Equity Gru L P holds 0% of its portfolio in HeidelbergCement AG (ETR:HEI) for 1.31 million shares. Finemark Fincl Bank holds 1,212 shares or 0.01% of its portfolio.
Insider Transactions: Since September 7, 2016, the stock had 11 buys, and 2 selling transactions for $70,540 net activity. HENRIQUES ADOLFO had bought 2,044 shares worth $116,724 on Wednesday, September 7. $118,552 worth of shares were bought by HIGGINBOTTOM SAMUEL L on Wednesday, September 7. CULLIGAN THOMAS M bought 2,075 shares worth $118,495. $427,061 worth of HeidelbergCement AG (ETR:HEI) shares were sold by IRWIN THOMAS S. Shares for $118,951 were bought by SCHRIESHEIM ALAN. $116,724 worth of HeidelbergCement AG (ETR:HEI) shares were bought by MENDELSON VICTOR H. Another trade for 2,083 shares valued at $118,951 was bought by Schwitter Frank J.
Heidelbergcement AG is a Germany-based building materials company. The company has a market cap of 16.58 billion EUR. The Company’s products are used for the construction of houses, infrastructure and commercial and industrial facilities. It has a 19.32 P/E ratio. The Firm operates through for divisions: Cements, Aggregates, Ready-Mixed Concrete-Asphalt and Service- Joint Ventures – Other.
According to Zacks Investment Research, “Heico Corporation is engaged primarily in certain niche segments of the aviation, defense, space and electronics industries through its Hollywood, FL-based HEICO Aerospace Holdings Corp. subsidiary and its Miami, FL-based HEICO Electronic Technologies Corp. subsidiary. HEICO’s customers include a majority of the world’s airlines and airmotives as well as numerous defense and space contractors and military agencies worldwide in addition to telecommunications, electronics and medical equipment manufacturers.”
HEICO Corporation, incorporated on January 27, 1993, is an aerospace and electronics company. The Firm provides commercial aircraft replacement parts, aircraft accessories component repair and overhaul services for avionic, electro-mechanical, flight surface, hydraulic and pneumatic applications; distributes aircraft parts, and makes other critical aircraft parts. It operates through two operating divisions: the Flight Support Group (FSG) and the Electronic Technologies Group (ETG). The Firm offers products for applications, such as aircraft, spacecraft, defense equipment, medical equipment, and telecommunications systems. The Company’s Electronic Technologies Group creates and makes electronic, electro-optical, microwave and other components found in aviation, broadcast, defense, homeland security, medical, space, telecom and other complex equipment. The Company’s clients include airlines, overhaul shops, satellite manufacturers, commercial and defense equipment producers, medical equipment manufacturers, government agencies, telecommunications equipment suppliers and others.
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