Aperio Group LLC increased its stake in shares of Chicago Bridge & Iron Company N.V. (NYSE:CBI) by 28.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,221 shares of the construction company’s stock after buying an additional 3,859 shares during the period. Aperio Group LLC’s holdings in Chicago Bridge & Iron Company N.V. were worth $340,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the stock. Massachusetts Financial Services Co. MA increased its stake in Chicago Bridge & Iron Company N.V. by 1.2% in the first quarter. Massachusetts Financial Services Co. MA now owns 23,291 shares of the construction company’s stock valued at $716,000 after buying an additional 277 shares in the last quarter. Clearbridge Investments LLC increased 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 valued at $117,000 after buying an additional 300 shares in the last quarter. M Holdings Securities Inc. increased its stake in Chicago Bridge & Iron Company N.V. by 5.5% in the first quarter. M Holdings Securities Inc. now owns 6,765 shares of the construction company’s stock valued at $208,000 after buying an additional 350 shares in the last quarter. Renaissance Group LLC increased its stake in Chicago Bridge & Iron Company N.V. by 3.2% in the first quarter. Renaissance Group LLC now owns 11,935 shares of the construction company’s stock valued at $367,000 after buying an additional 367 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. increased its stake in Chicago Bridge & Iron Company N.V. by 6.3% in the first quarter. Nomura Asset Management Co. Ltd. now owns 6,867 shares of the construction company’s stock valued at $211,000 after buying an additional 410 shares in the last quarter. 63.81% of the stock is owned by hedge funds and other institutional investors.

Shares of Chicago Bridge & Iron Company N.V. (NYSE:CBI) traded up 0.48% during trading on Thursday, hitting $12.61. The stock had a trading volume of 2,499,236 shares. Chicago Bridge & Iron Company N.V. has a one year low of $9.55 and a one year high of $36.56. The firm’s market cap is $1.28 billion. The firm’s 50-day moving average is $15.42 and its 200-day moving average is $23.46.

Chicago Bridge & Iron Company N.V. (NYSE:CBI) last issued its quarterly earnings data on Wednesday, August 9th. The construction company reported ($2.96) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.85 by $3.81. The business had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $2.49 billion. Chicago Bridge & Iron Company N.V. had a negative return on equity of 3.92% and a negative net margin of 10.54%. The company’s revenue for the quarter was down 40.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.17 earnings per share. Equities research analysts forecast that Chicago Bridge & Iron Company N.V. will post ($1.79) EPS for the current year.

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Several analysts have commented on the company. UBS AG reaffirmed a “buy” rating and set a $21.00 price objective (down from $32.00) on shares of Chicago Bridge & Iron Company N.V. in a research note on Wednesday, May 24th. Robert W. Baird reaffirmed a “neutral” rating and set a $23.00 price objective (down from $31.00) on shares of Chicago Bridge & Iron Company N.V. in a research note on Wednesday, May 17th. BidaskClub raised Chicago Bridge & Iron Company N.V. from a “sell” rating to a “hold” rating in a research note on Thursday, July 6th. Citigroup Inc. reaffirmed a “neutral” rating and set a $20.00 price objective (down from $23.00) on shares of Chicago Bridge & Iron Company N.V. in a research note on Tuesday, July 18th. Finally, MKM Partners reaffirmed a “buy” rating and set a $34.00 price objective (down from $41.00) on shares of Chicago Bridge & Iron Company N.V. in a research note on Friday, May 19th. Five research analysts have rated the stock with a sell rating, seven have given a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $24.10.

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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