Curtiss-Wright Corporation $CW Stock Position Reduced by Town & Country Bank & Trust CO dba First Bankers Trust CO

Town & Country Bank & Trust CO dba First Bankers Trust CO lowered its stake in shares of Curtiss-Wright Corporation (NYSE:CW) by 21.7% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,971 shares of the aerospace company’s stock after selling 821 shares during the period. Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings in Curtiss-Wright were worth $1,613,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Miracle Mile Advisors LLC increased its position in Curtiss-Wright by 1.8% in the 3rd quarter. Miracle Mile Advisors LLC now owns 1,020 shares of the aerospace company’s stock worth $554,000 after purchasing an additional 18 shares during the last quarter. Nisa Investment Advisors LLC increased its holdings in Curtiss-Wright by 1.5% in the second quarter. Nisa Investment Advisors LLC now owns 1,526 shares of the aerospace company’s stock worth $746,000 after buying an additional 22 shares during the last quarter. State of New Jersey Common Pension Fund D grew its position in Curtiss-Wright by 0.3% in the second quarter. State of New Jersey Common Pension Fund D now owns 11,954 shares of the aerospace company’s stock worth $5,840,000 after acquiring an additional 30 shares in the last quarter. Cadinha & Co. LLC increased its stake in shares of Curtiss-Wright by 1.3% during the 3rd quarter. Cadinha & Co. LLC now owns 2,368 shares of the aerospace company’s stock worth $1,286,000 after purchasing an additional 30 shares during the last quarter. Finally, Huntington National Bank raised its holdings in shares of Curtiss-Wright by 20.3% during the 2nd quarter. Huntington National Bank now owns 190 shares of the aerospace company’s stock valued at $93,000 after purchasing an additional 32 shares in the last quarter. Hedge funds and other institutional investors own 82.71% of the company’s stock.

Curtiss-Wright Stock Performance

NYSE CW opened at $663.78 on Friday. Curtiss-Wright Corporation has a twelve month low of $266.88 and a twelve month high of $673.19. The company has a quick ratio of 1.17, a current ratio of 1.75 and a debt-to-equity ratio of 0.38. The stock has a market cap of $24.48 billion, a P/E ratio of 54.10, a PEG ratio of 3.03 and a beta of 0.95. The company’s 50-day simple moving average is $585.07 and its 200 day simple moving average is $543.13.

Curtiss-Wright (NYSE:CW) last announced its quarterly earnings results on Thursday, November 6th. The aerospace company reported $3.40 EPS for the quarter, beating the consensus estimate of $3.28 by $0.12. Curtiss-Wright had a return on equity of 18.82% and a net margin of 13.78%.The business had revenue of $869.00 million for the quarter, compared to analyst estimates of $869.03 million. During the same quarter in the previous year, the firm earned $2.89 EPS. Curtiss-Wright’s quarterly revenue was up 8.8% on a year-over-year basis. As a group, research analysts forecast that Curtiss-Wright Corporation will post 12.32 earnings per share for the current fiscal year.

Curtiss-Wright Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 12th. Shareholders of record on Friday, November 28th were paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Friday, November 28th. Curtiss-Wright’s dividend payout ratio is currently 7.82%.

Insider Buying and Selling at Curtiss-Wright

In other news, EVP John C. Watts sold 288 shares of Curtiss-Wright stock in a transaction that occurred on Thursday, January 8th. The shares were sold at an average price of $600.00, for a total value of $172,800.00. Following the completion of the transaction, the executive vice president owned 3,188 shares in the company, valued at approximately $1,912,800. The trade was a 8.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have sold a total of 513 shares of company stock worth $302,586 over the last three months. Company insiders own 0.55% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on CW shares. Morgan Stanley restated an “overweight” rating and set a $660.00 target price on shares of Curtiss-Wright in a report on Tuesday, December 16th. Citigroup upped their price objective on shares of Curtiss-Wright from $607.00 to $661.00 and gave the stock a “neutral” rating in a report on Tuesday, January 13th. Wall Street Zen raised shares of Curtiss-Wright from a “hold” rating to a “buy” rating in a research report on Saturday, January 10th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $625.00 price objective on shares of Curtiss-Wright in a research report on Wednesday, October 8th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Curtiss-Wright in a report on Monday, December 22nd. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Curtiss-Wright has a consensus rating of “Moderate Buy” and an average target price of $612.33.

About Curtiss-Wright

Curtiss-Wright Corporation (NYSE: CW) is a diversified, global engineering company that designs, manufactures and services highly engineered products and integrated systems for the aerospace, defense, and industrial markets. Its offerings span a range of electromechanical, motion control and flow control technologies, including flight control and actuation systems, sensors and avionics components, pumps and valves, power conversion and heat exchangers, and platform integration solutions for marine and ground systems.