2 weeks Ago By Defense World Staff
Townsquare Capital LLC grew its holdings in Blue Bird Co. (NASDAQ:BLBD – Free Report) by 42.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC.
The institutional investor owned 11,754 shares of the company’s stock after purchasing an additional 3,519 shares during the quarter. Townsquare Capital LLC’s holdings in Blue Bird were worth $454,000 at the end of the most recent reporting period. Other large investors have also recently made changes to their positions in the company.
KBC Group NV raised its position in shares of Blue Bird by 75.3% in the 4th quarter. KBC Group NV now owns 1,420 shares of the company’s stock valued at $55,000 after purchasing an additional 610 shares during the last quarter.
GPS Wealth Strategies Group LLC increased its stake in shares of Blue Bird by 15.7% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 4,729 shares of the company’s stock valued at $183,000 after purchasing an additional 640 shares in the last quarter.
Rhumbline Advisers increased its position in shares of Blue Bird by 1.9% in the fourth quarter. Rhumbline Advisers now owns 43,413 shares of the company’s stock valued at $1,677,000 after buying an additional 817 shares in the last quarter.
Aviva PLC raised its position in shares of Blue Bird by 13.4% during the 4th quarter. Aviva PLC now owns 14,768 shares of the company’s stock worth $570,000 after purchasing an additional 1,740 shares during the last quarter.
Finally, Inspire Investing LLC lifted its position in shares of Blue Bird by 20.7% in the fourth quarter. Inspire Investing LLC now owns 10,394 shares of the company’s stock valued at $402,000 after acquiring an additional 1,786 shares in the last quarter.
93.59% of the stock is owned by institutional investors. Blue Bird Price PerformanceBlue Bird stock opened at $33.
71 on Monday. Blue Bird Co. has a 52 week low of $30.
04 and a 52 week high of $59.40. The firm has a market capitalization of $1.
08 billion, a PE ratio of 10.44, a P/E/G ratio of 0.84 and a beta of 1.
38. The firm’s 50-day simple moving average is $34.14 and its 200 day simple moving average is $38.
46. The company has a quick ratio of 0.73, a current ratio of 1.
44 and a debt-to-equity ratio of 0.49. Blue Bird (NASDAQ:BLBD – Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th.
The company reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $0.
03. Blue Bird had a net margin of 8.05% and a return on equity of 75.
22%. On average, equities research analysts predict that Blue Bird Co. will post 3.
86 EPS for the current fiscal year. Insiders Place Their BetsIn other Blue Bird news, CFO Razvan Radulescu sold 2,848 shares of the business’s stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $38.
12, for a total transaction of $108,565.76. Following the sale, the chief financial officer now owns 88,664 shares in the company, valued at approximately $3,379,871.
68. The trade was a 3.11 % decrease in their position.
The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.10% of the stock is currently owned by insiders.
Analyst Ratings ChangesA number of brokerages recently issued reports on BLBD. StockNews.com raised shares of Blue Bird from a “hold” rating to a “buy” rating in a report on Saturday, April 12th.
Needham & Company LLC lowered their target price on Blue Bird from $66.00 to $49.00 and set a “buy” rating for the company in a report on Thursday, February 6th.
Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $58.
21.View Our Latest Report on BLBDBlue Bird Profile (Free Report)Blue Bird Corporation, together with its subsidiaries, designs, engineers, manufactures, and sells school buses in the United States, Canada, and internationally. The company operates through two segments, Bus and Parts.
It offers Type C, Type D, and specialty buses; and alternative power options through its propane powered, gasoline powered, compressed natural gas powered, and electric powered school buses, as well as diesel engines.Further ReadingFive stocks we like better than Blue BirdAbout the Markup CalculatorWith a 60%+ Upside, There’s Plenty to Love About LovesacWhat is MarketRank? How to Use itJ.B.
Hunt Transport Overcorrects Into a Buying OpportunityThe 3 Best Fintech Stocks to Buy NowAppLovin: Can Record Profits Overcome Market Skepticism?Want to see what other hedge funds are holding BLBD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Blue Bird Co. (NASDAQ:BLBD – Free Report).
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