Canada Pension Plan Investment Board maintained its stake in Chicago Bridge & Iron Company N.V. (NYSE:CBI) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 206,100 shares of the construction company’s stock at the end of the second quarter. Canada Pension Plan Investment Board owned about 0.20% of Chicago Bridge & Iron Company N.V. worth $4,066,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the stock. Hanson & Doremus Investment Management boosted its stake in Chicago Bridge & Iron Company N.V. by 14.8% in the second quarter. Hanson & Doremus Investment Management now owns 5,050 shares of the construction company’s stock worth $100,000 after buying an additional 650 shares during the last quarter. Clearbridge Investments LLC boosted its stake in Chicago Bridge & Iron Company N.V. by 8.5% in the first quarter. Clearbridge Investments LLC now owns 3,820 shares of the construction company’s stock worth $117,000 after buying an additional 300 shares during the last quarter. Brick & Kyle Associates boosted its stake in Chicago Bridge & Iron Company N.V. by 14.5% in the first quarter. Brick & Kyle Associates now owns 3,950 shares of the construction company’s stock worth $121,000 after buying an additional 500 shares during the last quarter. Chicago Partners Investment Group LLC boosted its stake in Chicago Bridge & Iron Company N.V. by 907.6% in the second quarter. Chicago Partners Investment Group LLC now owns 6,600 shares of the construction company’s stock worth $130,000 after buying an additional 5,945 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in Chicago Bridge & Iron Company N.V. by 136.7% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 5,231 shares of the construction company’s stock worth $160,000 after buying an additional 3,021 shares during the last quarter. 65.63% of the stock is owned by institutional investors.

Chicago Bridge & Iron Company N.V. (CBI) opened at 11.02 on Thursday. Chicago Bridge & Iron Company N.V. has a one year low of $9.55 and a one year high of $36.56. The stock’s market cap is $1.11 billion. The company’s 50 day moving average is $15.82 and its 200 day moving average is $23.70. Chicago Bridge & Iron Company N.V. also saw some unusual options trading activity on Wednesday. Investors purchased 896 call options on the stock. This is an increase of approximately 197% compared to the typical volume of 302 call options.

Chicago Bridge & Iron Company N.V. (NYSE:CBI) last announced its quarterly earnings results on Wednesday, August 9th. The construction company reported ($2.96) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.85 by $3.81. Chicago Bridge & Iron Company N.V. had a negative net margin of 10.54% and a negative return on equity of 3.92%. The firm had revenue of $1.28 billion for the quarter, compared to analyst estimates of $2.49 billion. During the same period last year, the firm posted $1.17 EPS. The business’s revenue was down 40.6% compared to the same quarter last year. On average, equities research analysts expect that Chicago Bridge & Iron Company N.V. will post ($1.79) EPS for the current year.

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A number of research firms recently commented on CBI. BidaskClub raised shares of Chicago Bridge & Iron Company N.V. from a “strong sell” rating to a “sell” rating in a research report on Tuesday, June 27th. Credit Suisse Group set a $21.00 target price on shares of Chicago Bridge & Iron Company N.V. and gave the company a “buy” rating in a research report on Tuesday, July 4th. Deutsche Bank AG increased their target price on shares of Chicago Bridge & Iron Company N.V. from $35.00 to $38.00 and gave the company a “buy” rating in a research report on Monday, May 22nd. Robert W. Baird set a $10.00 target price on shares of Chicago Bridge & Iron Company N.V. and gave the company a “hold” rating in a research report on Thursday, August 10th. Finally, Goldman Sachs Group, Inc. (The) reissued a “neutral” rating and set a $15.00 target price (down previously from $33.00) on shares of Chicago Bridge & Iron Company N.V. in a research report on Monday, June 12th. Five equities research analysts have rated the stock with a sell rating, seven have given a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. Chicago Bridge & Iron Company N.V. currently has an average rating of “Hold” and a consensus price target of $24.34.

Chicago Bridge & Iron Company N.V. Company Profile

Chicago Bridge & Iron Company N.V. provides services to customers in energy infrastructure market. The Company provides services, such as conceptual design, technology, engineering, procurement, fabrication, modularization, construction, commissioning, maintenance, program management and environmental services.

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Institutional Ownership by Quarter for Chicago Bridge & Iron Company N.V. (NYSE:CBI)

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