Curtiss-Wright Co. (NYSE:CW) Shares Sold by Captrust Financial Advisors

Captrust Financial Advisors cut its position in Curtiss-Wright Co. (NYSE:CW) by 10.6% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 28,897 shares of the aerospace company’s stock after selling 3,409 shares during the quarter. Captrust Financial Advisors owned approximately 0.08% of Curtiss-Wright worth $9,498,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Tsfg LLC grew its position in shares of Curtiss-Wright by 191.4% during the third quarter. Tsfg LLC now owns 102 shares of the aerospace company’s stock worth $34,000 after acquiring an additional 67 shares during the last quarter. Versant Capital Management Inc boosted its stake in Curtiss-Wright by 5,050.0% during the 2nd quarter. Versant Capital Management Inc now owns 103 shares of the aerospace company’s stock worth $28,000 after purchasing an additional 101 shares during the period. UMB Bank n.a. grew its position in Curtiss-Wright by 303.8% during the 3rd quarter. UMB Bank n.a. now owns 105 shares of the aerospace company’s stock worth $35,000 after purchasing an additional 79 shares during the last quarter. GPS Wealth Strategies Group LLC purchased a new stake in shares of Curtiss-Wright in the second quarter valued at about $30,000. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of Curtiss-Wright by 1,933.3% in the first quarter. EverSource Wealth Advisors LLC now owns 122 shares of the aerospace company’s stock valued at $31,000 after buying an additional 116 shares during the last quarter. Hedge funds and other institutional investors own 82.71% of the company’s stock.

Curtiss-Wright Stock Performance

NYSE:CW opened at $373.63 on Monday. The firm’s fifty day simple moving average is $354.39 and its 200-day simple moving average is $310.45. The company has a quick ratio of 1.39, a current ratio of 1.98 and a debt-to-equity ratio of 0.39. The stock has a market cap of $14.18 billion, a PE ratio of 35.35 and a beta of 1.17. Curtiss-Wright Co. has a fifty-two week low of $211.41 and a fifty-two week high of $393.40.

Curtiss-Wright Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 3rd. Shareholders of record on Friday, November 22nd will be issued a $0.21 dividend. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $0.84 dividend on an annualized basis and a yield of 0.22%. Curtiss-Wright’s dividend payout ratio (DPR) is presently 7.95%.

Insider Activity

In other news, VP John C. Watts sold 412 shares of the firm’s stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $359.55, for a total value of $148,134.60. Following the completion of the transaction, the vice president now owns 4,183 shares in the company, valued at $1,503,997.65. This trade represents a 8.97 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.67% of the company’s stock.

Wall Street Analyst Weigh In

CW has been the topic of a number of research reports. Alembic Global Advisors started coverage on Curtiss-Wright in a report on Tuesday, October 29th. They set an “overweight” rating and a $412.00 price target on the stock. Stifel Nicolaus cut Curtiss-Wright from a “buy” rating to a “hold” rating and set a $370.00 price target for the company. in a research note on Monday, November 18th. Morgan Stanley increased their price target on Curtiss-Wright from $334.00 to $395.00 and gave the stock an “overweight” rating in a report on Tuesday, November 5th. Robert W. Baird boosted their price objective on shares of Curtiss-Wright from $300.00 to $312.00 and gave the company an “outperform” rating in a research note on Friday, August 9th. Finally, StockNews.com cut shares of Curtiss-Wright from a “strong-buy” rating to a “buy” rating in a research note on Monday, September 23rd. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $364.40.

Curtiss-Wright Company Profile

Curtiss-Wright Corporation, together with its subsidiaries, provides engineered products, solutions, and services mainly to aerospace and defense, commercial power, process, and industrial markets worldwide. It operates through three segments: Aerospace & Industrial, Defense Electronics, and Naval & Power.