Valmont Industries Inc (NYSE:VMI) Sellers Increased Their Shorts By 23.15% As Of May 3, 2018

May 3, 2018 - By Carey Conley

Valmont Industries, Inc. (NYSE:VMI) Corporate Logo

During 2017 Q4 the big money sentiment decreased to 1.12. That’s change of 0.14, from 2017Q3’s 1.26. 21 investors sold all, 83 reduced holdings as Valmont Industries, Inc. ratio dived. 78 rose holdings while 38 funds bought holdings. Funds hold 19.03 million shares thus 1.58% more from 2017Q3’s 18.73 million shares.
Bridges Investment Incorporated owns 0.04% invested in Valmont Industries, Inc. (NYSE:VMI) for 3,261 shs. Fiduciary Management Wi has 0.33% invested in Valmont Industries, Inc. (NYSE:VMI). Jane Street Group Inc Limited, New York-based fund reported 4,396 shs. 8,326 were reported by Oregon Public Employees Retirement Fund. Alps Advisors invested in 3,686 shs. Putnam accumulated 20,965 shs or 0.01% of the stock. Castleark Mngmt Ltd Liability Corporation has invested 0.46% in Valmont Industries, Inc. (NYSE:VMI). Ahl Ltd Liability Partnership has 0.13% invested in Valmont Industries, Inc. (NYSE:VMI). Ubs Asset Mgmt Americas Inc reported 27,755 shs or 0% of all its holdings. Gabelli Funds Llc holds 30,000 shs or 0.03% of its capital. The Illinois-based Rmb Cap has invested 0.25% in Valmont Industries, Inc. (NYSE:VMI). Horizon Kinetics Llc has invested 0.01% of its capital in Valmont Industries, Inc. (NYSE:VMI). Clifford Swan Counsel Ltd Liability Corporation holds 0.05% or 5,100 shs. Quantbot Lp reported 0.01% stake. Credit Suisse Ag holds 0% or 23,696 shs in its capital.

Valmont Industries Inc (NYSE:VMI) had an increase of its shorted shares by 23.15%. FINRA issued shorted shares of VMI’s total 397,400 shares. The 322,700 previous shares are up with 23.15%. Valmont Industries Inc (NYSE:VMI) has 127,300 shares average volume. It’ll cost 3 days for VMI to restore its former position. 1.8% is Valmont Industries Inc float short.

The stock decreased 0.88% or $1.25 during the last trading session, touching $140.25.Valmont Industries, Inc. has volume of 24,221 shares. Since May 3, 2017 VMI has declined 5.04% and is downtrending. The stock underperformed the S&P 500 by 16.59%.

Valmont Industries, Inc. produces and sells fabricated metal products in the United States and internationally.The company has $3.16 billion market cap. It operates through five divisions: Engineered Support Structures, Utility Support Structures, Coatings, Energy and Mining, and Irrigation.The P/E ratio is 27.45. The Engineered Support Structures segment makes and distributes engineered metal, wood, and composite structures and components for the lighting and traffic, wireless communication, and roadway safety industries.

Valmont Industries, Inc. (NYSE:VMI) Ratings Coverage

Total analysts of 2 have positions in Valmont Industries (NYSE:VMI) as follows: 0 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 0. Since December 11, 2017 according to StockzIntelligence Inc Valmont Industries has 5 analyst reports. On Monday, April 16 the stock has “Hold” rating by Stifel Nicolaus. In Monday, December 11 report Stifel Nicolaus downgraded the stock to “Hold” rating. The stock rating was downgraded by Seaport Global to “Hold” on Tuesday, January 23. On Tuesday, January 16 Stifel Nicolaus maintained the shares of VMI in report with “Hold” rating. In Friday, February 23 report Stifel Nicolaus maintained it with “Hold” rating and $160 target.

Valmont Industries, Inc. (NYSE:VMI) Institutional Investors Chart

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