2 weeks Ago By ABMN Staff
Bank of Montreal Can grew its holdings in ABM Industries Incorporated ( NYSE:ABM – Free Report ) by 8.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,854 shares of the business services provider’s stock after purchasing an additional 837 shares during the period.
Bank of Montreal Can’s holdings in ABM Industries were worth $556,000 as of its most recent SEC filing. A number of other hedge funds have also made changes to their positions in ABM. Barclays PLC grew its stake in ABM Industries by 238.
7% in the third quarter. Barclays PLC now owns 113,850 shares of the business services provider’s stock valued at $6,004,000 after purchasing an additional 80,238 shares in the last quarter. Tidal Investments LLC increased its holdings in ABM Industries by 176.
4% in the third quarter. Tidal Investments LLC now owns 23,761 shares of the business services provider’s stock worth $1,254,000 after buying an additional 15,163 shares during the last quarter. Franklin Resources Inc.
bought a new position in ABM Industries during the third quarter valued at approximately $446,000. Principal Financial Group Inc. lifted its stake in ABM Industries by 4.
9% in the third quarter. Principal Financial Group Inc. now owns 327,631 shares of the business services provider’s stock valued at $17,286,000 after acquiring an additional 15,438 shares during the last quarter.
Finally, First Hawaiian Bank grew its position in ABM Industries by 32.4% in the fourth quarter. First Hawaiian Bank now owns 10,682 shares of the business services provider’s stock worth $547,000 after acquiring an additional 2,614 shares in the last quarter.
91.62% of the stock is owned by hedge funds and other institutional investors. ABM Industries Trading Down 1.
1 % NYSE:ABM opened at $45.47 on Tuesday. The company has a quick ratio of 1.
33, a current ratio of 1.33 and a debt-to-equity ratio of 0.73.
The company’s 50 day moving average is $48.82 and its 200-day moving average is $52.13.
The firm has a market cap of $2.83 billion, a price-to-earnings ratio of 35.80, a P/E/G ratio of 2.
75 and a beta of 1.05. ABM Industries Incorporated has a 12 month low of $40.
85 and a 12 month high of $59.78. ABM Industries Announces Dividend Analysts Set New Price Targets Separately, UBS Group decreased their price objective on shares of ABM Industries from $56.
00 to $50.00 and set a “neutral” rating for the company in a report on Thursday, March 13th. Check Out Our Latest Stock Report on ABM Insider Activity In other news, COO Rene Jacobsen sold 10,000 shares of the firm’s stock in a transaction on Monday, February 3rd.
The shares were sold at an average price of $52.84, for a total value of $528,400.00.
Following the sale, the chief operating officer now owns 87,808 shares in the company, valued at approximately $4,639,774.72. This trade represents a 10.
22 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink . 0.
90% of the stock is currently owned by company insiders. ABM Industries Profile ( Free Report ) ABM Industries Incorporated, through its subsidiaries, engages in the provision of integrated facility, infrastructure, and mobility solutions in the United States and internationally. It operates through Business & Industry, Manufacturing & Distribution, Education, Aviation, and Technical Solutions segments.
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