Astec Industries, Inc. (ASTE) Has H&S Trading At $53.65

May 3, 2018 - By Ira Colvard

Astec Industries, Inc. (NASDAQ:ASTE) Corporate Logo

During Q4 2017 the big money sentiment increased to 1.34. That’s change of 0.06, from 2017Q3’s 1.28. 11 investors sold all, 51 reduced holdings as Astec Industries, Inc. ratio is positive. 54 grew positions while 29 funds amassed positions. Funds hold 20.12 million shares thus 15.37% more from 2017Q3’s 17.44 million shares.
Franklin Resource Inc holds 1.05 million shs or 0.03% of its capital. Assetmark stated it has 0% of its capital in Astec Industries, Inc. (NASDAQ:ASTE). Metropolitan Life Ny invested 0.01% of its capital in Astec Industries, Inc. (NASDAQ:ASTE). California State Teachers Retirement Sys holds 0% or 33,589 shs. Gotham Asset Management Ltd Liability Co stated it has 0.01% in Astec Industries, Inc. (NASDAQ:ASTE). Moreover, Teton Advisors has 1.63% invested in Astec Industries, Inc. (NASDAQ:ASTE). State Of New Jersey Common Pension Fund D has invested 0.33% in Astec Industries, Inc. (NASDAQ:ASTE). Segall Bryant And Hamill Llc has invested 0.15% in Astec Industries, Inc. (NASDAQ:ASTE). Vanguard Grp holds 1.93M shs. Geode Cap Mgmt Ltd Limited Liability Company holds 186,709 shs or 0% of its capital. Aviance Management Limited Liability owns 1,184 shs for 0% of their capital. Aqr Mngmt Ltd Co holds 0.01% of its capital in Astec Industries, Inc. (NASDAQ:ASTE) for 156,153 shs. Zebra Mngmt Ltd Limited Liability Company has 10,187 shs for 0.2% of their capital. Aperio Gp Llc reported 0% stake. Arizona State Retirement System has invested 0.02% of its capital in Astec Industries, Inc. (NASDAQ:ASTE).

Astec Industries, Inc. (ASTE) showed a Head and Shoulders technical setup today and has $52.04 target or 3.00 % below today’s $53.65 share price. It has $1.24 billion MC. Faxor.com posted this technical setup on May, 3. The valuation of ASTE can change by $37.14 million if our $52.04 price target is touched.

Ticker’s shares touched $53.65 during the last trading session after 1.54% change.Astec Industries, Inc. has volume of 45,633 shares. Since May 3, 2017 ASTE has declined 9.14% and is downtrending. ASTE underperformed the S&P 500 by 20.69%.

Astec Industries, Inc. (NASDAQ:ASTE) Ratings Coverage

In total 5 analysts cover Astec Industries (NASDAQ:ASTE). “Buy” rating has 4, “Sell” are 0, while 1 are “Hold”. 80% are bullish. With $70.0 highest and $6400 lowest price target Astec Industries has $64.50 average price target or 20.22% above the current ($53.65) price. 8 are the (NASDAQ:ASTE)’s analyst reports since November 10, 2017 according to StockzIntelligence Inc. On Tuesday, February 13 the stock of Astec Industries, Inc. (NASDAQ:ASTE) has “Buy” rating given by William Blair. On Tuesday, April 24 the firm has “Buy” rating by Stifel Nicolaus given. On Wednesday, February 21 the stock of Astec Industries, Inc. (NASDAQ:ASTE) has “Buy” rating given by Dougherty. On Thursday, January 4 Robert W. Baird maintained Astec Industries, Inc. (NASDAQ:ASTE) with “Buy” rating. On Friday, April 13 the stock of Astec Industries, Inc. (NASDAQ:ASTE) earned “Buy” rating by Robert W. Baird. On Friday, November 10 the stock of Astec Industries, Inc. (NASDAQ:ASTE) has “Buy” rating given by Robert W. Baird. On Tuesday, January 23 the rating was maintained by Seaport Global with “Hold”. On Tuesday, January 2 the rating was upgraded by William Blair to “Outperform”.

Astec Industries, Inc. (NASDAQ:ASTE) Institutional Investors Chart

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