Anderson Hoagland & Co. Sells 201 Shares of CSW Industrials, Inc. (NASDAQ:CSWI)

Anderson Hoagland & Co. reduced its position in shares of CSW Industrials, Inc. (NASDAQ:CSWI) by 12.0% during the 4th quarter, HoldingsChannel.com reports. The fund owned 1,478 shares of the basic materials company’s stock after selling 201 shares during the quarter. Anderson Hoagland & Co.’s holdings in CSW Industrials were worth $577,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. State Street Corp boosted its holdings in shares of CSW Industrials by 71.7% during the 3rd quarter. State Street Corp now owns 612,696 shares of the basic materials company’s stock worth $224,486,000 after buying an additional 255,849 shares during the period. Riverbridge Partners LLC bought a new position in CSW Industrials in the 4th quarter valued at about $42,202,000. Principal Financial Group Inc. lifted its position in CSW Industrials by 1,046.2% during the third quarter. Principal Financial Group Inc. now owns 84,991 shares of the basic materials company’s stock worth $31,140,000 after acquiring an additional 77,576 shares during the last quarter. Loomis Sayles & Co. L P bought a new stake in shares of CSW Industrials during the third quarter worth approximately $25,589,000. Finally, Franklin Resources Inc. boosted its holdings in shares of CSW Industrials by 2,006.7% during the third quarter. Franklin Resources Inc. now owns 57,617 shares of the basic materials company’s stock worth $22,702,000 after acquiring an additional 54,882 shares during the period. Institutional investors and hedge funds own 82.79% of the company’s stock.

CSW Industrials Price Performance

Shares of NASDAQ:CSWI opened at $367.00 on Friday. The business’s 50 day simple moving average is $385.62 and its 200 day simple moving average is $356.94. CSW Industrials, Inc. has a 1 year low of $203.83 and a 1 year high of $436.50. The company has a market capitalization of $6.17 billion, a P/E ratio of 49.86 and a beta of 0.85.

CSW Industrials Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Friday, January 31st will be issued a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 0.26%. The ex-dividend date is Friday, January 31st. CSW Industrials’s dividend payout ratio (DPR) is currently 13.04%.

Insider Buying and Selling

In other CSW Industrials news, SVP Luke Alverson sold 1,522 shares of the company’s stock in a transaction on Monday, January 13th. The stock was sold at an average price of $358.16, for a total transaction of $545,119.52. Following the completion of the sale, the senior vice president now directly owns 15,634 shares in the company, valued at $5,599,473.44. This represents a 8.87 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Joseph B. Armes sold 1,000 shares of the firm’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $404.79, for a total value of $404,790.00. Following the completion of the sale, the chief executive officer now directly owns 50,698 shares in the company, valued at approximately $20,522,043.42. This represents a 1.93 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 9,903 shares of company stock worth $3,777,538. Company insiders own 1.40% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently weighed in on CSWI. StockNews.com raised CSW Industrials from a “hold” rating to a “buy” rating in a report on Friday, December 6th. Wells Fargo & Company lowered their price objective on CSW Industrials from $425.00 to $410.00 and set an “equal weight” rating on the stock in a research report on Tuesday, December 17th. Citigroup reduced their target price on shares of CSW Industrials from $466.00 to $404.00 and set a “neutral” rating for the company in a research report on Monday, January 13th. Finally, The Goldman Sachs Group lowered their price target on shares of CSW Industrials from $450.00 to $400.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 14th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, CSW Industrials presently has a consensus rating of “Hold” and a consensus target price of $404.67.

CSW Industrials Profile

CSW Industrials, Inc operates as a diversified industrial company in the United States and internationally. It operates through three segments: Contractor Solutions, Engineered Building Solutions, and Specialized Reliability Solutions. The Contractor Solutions segment provides condensate pads, pans, pumps, switches, and traps; cements, diffusers, grilles, registers, solvents, thread sealants, and vents; line set covers; refrigerant caps; wire pulling head tools; electrical protection, chemical maintenance, and installation supplies for HVAC; ductless mini-split systems installation support tools and accessories; and drain waste and vent system products for use in HVAC/R, plumbing, general industrial, architecturally specified building products.