Loomis Sayles & Co L P Marginally Lowers Its Holdings in Astec Inds Inc (ASTE) Stock Last Quarter


Astec Inds Inc (NASDAQ:ASTE).

Loomis Sayles & Co L P sold 9,634 shares during the last quarter decreasing its holdings in Astec Inds Inc by 2.9%. Its position was valued at $17,868,000 a decrease of 2.1% according to the filing.

Here are a few institutional investors who have updated their positions. Schwab Charles Investment Management Inc expanded its holdings by buying 18,385 shares an increase of 14.6% in the quarter. Schwab Charles Investment Management Inc controls 144,410 shares valued at $8,089,000. The value of the position overall is up by 15.6%. As of quarter end Tiaa Cref Investment Management LLC had disposed of 1,887 shares trimming its stake by 1.2%. The value of the total investment in Astec Inds Inc went from $8,385,000 to $8,355,000 a change of $30,000 quarter over quarter.

Kennedy Capital Management, Inc. augmented its investment by buying 65,568 shares an increase of 26.6% as of 09/30/2017. Kennedy Capital Management, Inc. claims 312,400 shares with a value of $17,498,000. The total value of its holdings increased 27.7%.

The company is trading up since yesterday’s close of 51.7. The company’s P/E ratio is 31.35 and the market cap is 1.23B. In the latest earnings report the EPS was $1.69 with 23.07M shares presently outstanding.

Short traders are more bullish recently if you watch the change in short interest. The company saw a fall in short interest of -13.26% between September 29, 2017 and October 13, 2017. Short shares decreased 46,196 over that period. Days to cover decreased from 2.0 to 2.0 and the short interest percentage is 0.01% as of October 13.