KBC Group NV raised its position in shares of B/E Aerospace Inc. (NASDAQ:BEAV) by 19.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 162,917 shares of the company’s stock after buying an additional 26,041 shares during the period. KBC Group NV owned approximately 0.16% of B/E Aerospace worth $8,417,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in BEAV. Parametrica Management Ltd purchased a new stake in B/E Aerospace during the second quarter valued at $309,000. LS Investment Advisors LLC boosted its position in B/E Aerospace by 35.3% in the second quarter. LS Investment Advisors LLC now owns 10,309 shares of the company’s stock worth $476,000 after buying an additional 2,692 shares during the last quarter. 1st Global Advisors Inc. boosted its position in B/E Aerospace by 2.1% in the second quarter. 1st Global Advisors Inc. now owns 5,652 shares of the company’s stock worth $261,000 after buying an additional 115 shares during the last quarter. Nordea Investment Management AB boosted its position in B/E Aerospace by 1,872.7% in the second quarter. Nordea Investment Management AB now owns 304,020 shares of the company’s stock worth $14,038,000 after buying an additional 288,609 shares during the last quarter. Finally, Eagle Asset Management Inc. boosted its position in B/E Aerospace by 56.1% in the second quarter. Eagle Asset Management Inc. now owns 58,983 shares of the company’s stock worth $2,723,000 after buying an additional 21,187 shares during the last quarter. Institutional investors own 98.91% of the company’s stock.

Institutional Ownership by Quarter for B/E Aerospace (NASDAQ:BEAV)

Shares of B/E Aerospace Inc. (NASDAQ:BEAV) traded up 0.55% on Tuesday, reaching $59.98. 352,965 shares of the company’s stock traded hands. The company has a 50 day moving average of $56.90 and a 200-day moving average of $50.48. The stock has a market capitalization of $6.09 billion, a PE ratio of 18.28 and a beta of 0.90. B/E Aerospace Inc. has a 52 week low of $36.38 and a 52 week high of $60.29.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 16th. Shareholders of record on Monday, November 21st will be paid a dividend of $0.21 per share. The ex-dividend date of this dividend is Thursday, November 17th. This represents a $0.84 annualized dividend and a yield of 1.40%. B/E Aerospace’s dividend payout ratio is currently 25.53%.

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A number of research firms recently weighed in on BEAV. Zacks Investment Research cut shares of B/E Aerospace from a “buy” rating to a “hold” rating in a research report on Monday, November 21st. Deutsche Bank AG cut shares of B/E Aerospace from a “buy” rating to a “hold” rating and set a $62.00 price objective for the company. in a research report on Thursday, November 10th. Vertical Research began coverage on shares of B/E Aerospace in a research report on Friday, October 28th. They set a “hold” rating for the company. Gabelli cut shares of B/E Aerospace from a “buy” rating to a “hold” rating in a research report on Tuesday, October 25th. Finally, Wolfe Research cut shares of B/E Aerospace from an “outperform” rating to a “market perform” rating in a research report on Tuesday, October 25th. Thirteen equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $56.25.

B/E Aerospace Company Profile

B/E Aerospace, Inc is a manufacturer of cabin interior products for commercial aircraft and business jets. The Company sells its products and provides services to various airlines and aerospace manufacturers across the world. It operates through two segments: commercial aircraft (CAS) and business jet (BJS).

5 Day Chart for NASDAQ:BEAV

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