Dycom Industries (DY) Position Increased by Hodges Capital Management Inc; Crestpoint Capital Management Lowered Its Huntington Ingal (HII) Stake by $483,600 as Market Value Declined

October 22, 2017 - By Marguerite Chambers

Crestpoint Capital Management Llc decreased its stake in Huntington Ingal (HII) by 66.67% based on its latest 2017Q2 regulatory filing with the SEC. Crestpoint Capital Management Llc sold 2,600 shares as the company’s stock declined 7.75% while stock markets rallied. The institutional investor held 1,300 shares of the capital goods company at the end of 2017Q2, valued at $242,000, down from 3,900 at the end of the previous reported quarter. Crestpoint Capital Management Llc who had been investing in Huntington Ingal for a number of months, seems to be less bullish one the $10.69B market cap company. The stock increased 0.26% or $0.61 on October 20, reaching $235.42. About 177,325 shares traded. Huntington Ingalls Industries Inc (NYSE:HII) has risen 26.91% since October 22, 2016 and is uptrending. It has outperformed by 10.21% the S&P500.

Hodges Capital Management Inc increased its stake in Dycom Industries Inc (DY) by 58.36% based on its latest 2017Q2 regulatory filing with the SEC. Hodges Capital Management Inc bought 16,050 shares as the company’s stock rose 33.08% with the market. The institutional investor held 43,550 shares of the basic industries company at the end of 2017Q2, valued at $3.90M, up from 27,500 at the end of the previous reported quarter. Hodges Capital Management Inc who had been investing in Dycom Industries Inc for a number of months, seems to be bullish on the $2.63B market cap company. The stock decreased 0.15% or $0.13 on October 20, reaching $84.47. About 346,753 shares traded. Dycom Industries, Inc. (NYSE:DY) has risen 52.80% since October 22, 2016 and is uptrending. It has outperformed by 36.10% the S&P500.

Investors sentiment decreased to 1.23 in 2017 Q2. Its down 0.07, from 1.3 in 2017Q1. It is negative, as 39 investors sold DY shares while 93 reduced holdings. 53 funds opened positions while 110 raised stakes. 32.75 million shares or 1.38% more from 32.30 million shares in 2017Q1 were reported. Ls Invest Advisors Limited Liability Company stated it has 0.01% of its portfolio in Dycom Industries, Inc. (NYSE:DY). 31,119 were accumulated by Stifel Financial Corp. Pembroke Mgmt Ltd accumulated 205,400 shares. New York-based Prelude Capital Mngmt Ltd Co has invested 0.01% in Dycom Industries, Inc. (NYSE:DY). Buckingham Cap Inc reported 95,214 shares. Wells Fargo & Mn has 0.02% invested in Dycom Industries, Inc. (NYSE:DY). 10,465 were reported by Alphamark Advisors Ltd Liability Corporation. Jefferies Lc accumulated 35,479 shares. California Employees Retirement owns 63,100 shares or 0.01% of their US portfolio. Retail Bank Of Montreal Can owns 1,363 shares or 0% of their US portfolio. Eagle Boston Mgmt stated it has 1.43% in Dycom Industries, Inc. (NYSE:DY). Louisiana State Employees Retirement Sys stated it has 0.04% of its portfolio in Dycom Industries, Inc. (NYSE:DY). Gemmer Asset Mngmt Limited Liability Co holds 146 shares. Sei Invests Co has 0.01% invested in Dycom Industries, Inc. (NYSE:DY). Weiss Multi stated it has 48,725 shares.

Hodges Capital Management Inc, which manages about $2.29B and $1.69 billion US Long portfolio, decreased its stake in Trinity Industries Inc (NYSE:TRN) by 230,105 shares to 794,345 shares, valued at $22.27 million in 2017Q2, according to the filing. It also reduced its holding in Lonestar Resources Us Inc Cl A by 166,206 shares in the quarter, leaving it with 197,400 shares, and cut its stake in Forterra Inc.

Among 8 analysts covering Dycom (NYSE:DY), 7 have Buy rating, 0 Sell and 1 Hold. Therefore 88% are positive. Dycom had 24 analyst reports since August 27, 2015 according to SRatingsIntel. On Tuesday, November 22 the stock rating was maintained by FBR Capital with “Outperform”. The stock of Dycom Industries, Inc. (NYSE:DY) has “Buy” rating given on Tuesday, January 5 by Stifel Nicolaus. The stock has “Buy” rating by Stifel Nicolaus on Thursday, May 25. On Wednesday, May 11 the stock rating was maintained by Canaccord Genuity with “Buy”. The firm has “Outperform” rating by FBR Capital given on Thursday, August 27. Stifel Nicolaus maintained Dycom Industries, Inc. (NYSE:DY) rating on Thursday, August 31. Stifel Nicolaus has “Buy” rating and $93.0 target. The firm has “Buy” rating given on Friday, May 20 by Stifel Nicolaus. The rating was maintained by FBR Capital with “Outperform” on Thursday, May 25. ValuEngine upgraded Dycom Industries, Inc. (NYSE:DY) on Friday, May 26 to “Buy” rating. The firm has “Outperform” rating by FBR Capital given on Wednesday, November 25.

Another recent and important Dycom Industries, Inc. (NYSE:DY) news was published by Prnewswire.com which published an article titled: “Heavy Construction Stocks on Investors’ Radar — Dycom Industries, Fluor …” on October 10, 2017.

Analysts await Huntington Ingalls Industries Inc (NYSE:HII) to report earnings on November, 2. They expect $2.77 EPS, up 22.03% or $0.50 from last year’s $2.27 per share. HII’s profit will be $125.78M for 21.25 P/E if the $2.77 EPS becomes a reality. After $3.21 actual EPS reported by Huntington Ingalls Industries Inc for the previous quarter, Wall Street now forecasts -13.71% negative EPS growth.

More notable recent Huntington Ingalls Industries Inc (NYSE:HII) news were published by: Globenewswire.com which released: “VIDEO RELEASE–Huntington Ingalls Industries Successfully Completes Builder’s …” on July 03, 2017, also Globenewswire.com with their article: “PHOTO RELEASE–Huntington Ingalls Industries Hosts Sen. Mark Warner at Newport …” published on October 20, 2017, Seekingalpha.com published: “Huntington Ingalls Industries’ (HII) CEO Mike Petters on Q2 2017 Results …” on August 03, 2017. More interesting news about Huntington Ingalls Industries Inc (NYSE:HII) were released by: Globenewswire.com and their article: “Huntington Ingalls Industries Joins CEO Action for Diversity & Inclusion” published on July 26, 2017 as well as Reuters.com‘s news article titled: “Huntington Ingalls Industries to pay $9.2 mln over false claims case” with publication date: August 15, 2017.

Since May 4, 2017, it had 1 buy, and 2 selling transactions for $1.77 million activity. 850 Huntington Ingalls Industries Inc (NYSE:HII) shares with value of $167,960 were sold by Wyatt D R.

Crestpoint Capital Management Llc, which manages about $225.04 million and $213.05 million US Long portfolio, upped its stake in Exxon Mobil (NYSE:XOM) by 7,700 shares to 96,979 shares, valued at $7.83 million in 2017Q2, according to the filing. It also increased its holding in Federal Rlty Inv (NYSE:FRT) by 2,500 shares in the quarter, for a total of 19,800 shares, and has risen its stake in Halliburton (NYSE:HAL).

Investors sentiment decreased to 0.96 in 2017 Q2. Its down 0.31, from 1.27 in 2017Q1. It dived, as 45 investors sold HII shares while 140 reduced holdings. 48 funds opened positions while 130 raised stakes. 38.49 million shares or 0.98% less from 38.87 million shares in 2017Q1 were reported. Moreover, Schwab Charles Mgmt has 0.03% invested in Huntington Ingalls Industries Inc (NYSE:HII). Missouri-based Parkside Bancshares Tru has invested 0% in Huntington Ingalls Industries Inc (NYSE:HII). 886 are owned by Amica Retiree Medical. Highland Cap Management Ltd Liability Com holds 3,164 shares or 0.05% of its portfolio. Discovery Mgmt Limited Co Ct stated it has 576,347 shares or 2.6% of all its holdings. Montag A And Assocs owns 4,430 shares. 5,173 were reported by Arrowstreet Capital Limited Partnership. Alps Advsrs Incorporated holds 0% or 2,262 shares. Advsr Asset Management reported 12,186 shares stake. Deutsche Commercial Bank Ag reported 0.03% in Huntington Ingalls Industries Inc (NYSE:HII). Loring Wolcott And Coolidge Fiduciary Advsr Llp Ma accumulated 188 shares. Oppenheimer Asset Mngmt reported 4,884 shares. Washington Comml Bank invested 0% in Huntington Ingalls Industries Inc (NYSE:HII). Chicago Equity Limited reported 9,755 shares. New York-based Midas Management has invested 0.46% in Huntington Ingalls Industries Inc (NYSE:HII).

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