Chicago Bridge & Iron Company N.V. (CBI) Can’t Be More Safe. Trades Significantly Higher

April 17, 2018 - By Linda Rogers

Chicago Bridge & Iron Company N.V. (NYSE:CBI) Logo

Investors sentiment decreased to 0.58 in Q4 2017. Its down 0.14, from 0.72 in 2017Q3. It fall, as 54 investors sold Chicago Bridge & Iron Company N.V. shares while 83 reduced holdings. 30 funds opened positions while 50 raised stakes. 59.08 million shares or 10.73% less from 66.18 million shares in 2017Q3 were reported.
Group Incorporated Incorporated has invested 0% in Chicago Bridge & Iron Company N.V. (NYSE:CBI). Rhumbline Advisers invested in 0% or 105,877 shares. Blackrock reported 6.58M shares or 0.01% of all its holdings. Ameriprise Inc reported 0% of its portfolio in Chicago Bridge & Iron Company N.V. (NYSE:CBI). Alpine Associate owns 236,830 shares. Dimensional Fund Advisors Lp stated it has 0.01% of its portfolio in Chicago Bridge & Iron Company N.V. (NYSE:CBI). Clearbridge Invs Limited Liability Corp has invested 0% in Chicago Bridge & Iron Company N.V. (NYSE:CBI). Financial Bank Of Montreal Can has 0.01% invested in Chicago Bridge & Iron Company N.V. (NYSE:CBI) for 553,371 shares. Hap Trading Ltd Liability Company invested 0.02% in Chicago Bridge & Iron Company N.V. (NYSE:CBI). Moreover, D E Shaw & Co has 0.01% invested in Chicago Bridge & Iron Company N.V. (NYSE:CBI). California-based Utd Cap Fincl Advisers Ltd Co has invested 0.02% in Chicago Bridge & Iron Company N.V. (NYSE:CBI). Signia Mngmt Lc holds 2.72% or 158,541 shares. 81,116 are held by Ubs Asset Mngmt Americas. Moreover, Towle And has 3.05% invested in Chicago Bridge & Iron Company N.V. (NYSE:CBI) for 1.92 million shares. Whittier Trust Commerce Of Nevada accumulated 360 shares or 0% of the stock.

Since October 20, 2017, it had 0 buys, and 2 selling transactions for $242,700 activity.

The stock of Chicago Bridge & Iron Company N.V. (NYSE:CBI) is a huge mover today! The stock increased 7.22% or $1.02 during the last trading session, reaching $15.15. About 13.74 million shares traded or 331.36% up from the average. Chicago Bridge & Iron Company N.V. (NYSE:CBI) has declined 47.57% since April 17, 2017 and is downtrending. It has underperformed by 59.12% the S&P500.
The move comes after 7 months positive chart setup for the $1.55 billion company. It was reported on Apr, 17 by Barchart.com. We have $16.51 PT which if reached, will make NYSE:CBI worth $139.77 million more.

Analysts await Chicago Bridge & Iron Company N.V. (NYSE:CBI) to report earnings on May, 14. They expect $0.45 earnings per share, up 87.50 % or $0.21 from last year’s $0.24 per share. CBI’s profit will be $46.13M for 8.42 P/E if the $0.45 EPS becomes a reality. After $0.48 actual earnings per share reported by Chicago Bridge & Iron Company N.V. for the previous quarter, Wall Street now forecasts -6.25 % negative EPS growth.

Chicago Bridge & Iron Company N.V. (NYSE:CBI) Ratings Coverage

Among 8 analysts covering Chicago Bridge (NYSE:CBI), 1 have Buy rating, 0 Sell and 7 Hold. Therefore 13% are positive. Chicago Bridge had 12 analyst reports since October 20, 2017 according to SRatingsIntel. UBS maintained the shares of CBI in report on Wednesday, November 1 with “Neutral” rating. On Tuesday, October 24 the stock rating was maintained by Deutsche Bank with “Buy”. The firm has “Hold” rating by KeyBanc Capital Markets given on Tuesday, October 31. The firm earned “Neutral” rating on Tuesday, October 31 by Robert W. Baird. The rating was maintained by Robert W. Baird on Friday, October 20 with “Hold”. Robert W. Baird maintained it with “Hold” rating and $17.0 target in Wednesday, January 3 report. The rating was maintained by Credit Suisse on Friday, November 3 with “Neutral”. The stock of Chicago Bridge & Iron Company N.V. (NYSE:CBI) has “Neutral” rating given on Tuesday, December 19 by DA Davidson. Robert W. Baird maintained the shares of CBI in report on Monday, April 9 with “Hold” rating. The firm has “Hold” rating by Macquarie Research given on Tuesday, December 19.

Chicago Bridge & Iron Company N.V. provides conceptual design, technology, engineering, procurement, fabrication, modularization, construction, commissioning, maintenance, program management, and environmental services worldwide. The company has market cap of $1.55 billion. It operates in four divisions: Engineering & Construction, Fabrication Services, Technology, and Capital Services. It currently has negative earnings. The Engineering & Construction segment provides engineering, procurement, and construction services for energy infrastructure facilities, such as upstream and downstream process facilities for the gas and oil industry, as well as liquefied natural gas liquefaction and regasification terminals, and fossil electric generating plants for the power generation industry.

Chicago Bridge & Iron Company N.V. (NYSE:CBI) Institutional Positions Chart

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