California State Teachers Retirement System Has $991,000 Stake in CSW Industrials Inc (CSWI)

California State Teachers Retirement System trimmed its position in CSW Industrials Inc (NASDAQ:CSWI) by 9.8% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 25,633 shares of the basic materials company’s stock after selling 2,800 shares during the period. California State Teachers Retirement System owned 0.16% of CSW Industrials worth $991,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of CSWI. Janus Henderson Group PLC acquired a new position in CSW Industrials in the second quarter worth about $34,698,000. Wells Fargo & Company MN grew its stake in CSW Industrials by 16.1% in the second quarter. Wells Fargo & Company MN now owns 1,196,004 shares of the basic materials company’s stock worth $46,225,000 after purchasing an additional 165,559 shares in the last quarter. American Century Companies Inc. grew its stake in CSW Industrials by 13.7% in the second quarter. American Century Companies Inc. now owns 1,046,555 shares of the basic materials company’s stock worth $40,449,000 after purchasing an additional 126,308 shares in the last quarter. Lazard Asset Management LLC grew its stake in CSW Industrials by 24.3% in the second quarter. Lazard Asset Management LLC now owns 626,162 shares of the basic materials company’s stock worth $24,201,000 after purchasing an additional 122,271 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in CSW Industrials by 51.9% in the first quarter. Dimensional Fund Advisors LP now owns 174,940 shares of the basic materials company’s stock worth $6,420,000 after purchasing an additional 59,782 shares in the last quarter. Institutional investors and hedge funds own 67.79% of the company’s stock.

CSW Industrials Inc (CSWI) opened at $47.60 on Wednesday. The company has a quick ratio of 2.06, a current ratio of 3.12 and a debt-to-equity ratio of 0.18. CSW Industrials Inc has a 52 week low of $34.05 and a 52 week high of $50.00. The company has a market capitalization of $759.36, a P/E ratio of 25.16 and a beta of 1.35.

CSW Industrials (NASDAQ:CSWI) last issued its earnings results on Wednesday, November 8th. The basic materials company reported $0.56 EPS for the quarter, beating the Zacks’ consensus estimate of $0.55 by $0.01. CSW Industrials had a return on equity of 10.77% and a net margin of 5.39%. The company had revenue of $90.40 million during the quarter, compared to the consensus estimate of $91.52 million. During the same period in the previous year, the firm posted $0.48 earnings per share. CSW Industrials’s quarterly revenue was up 12.9% compared to the same quarter last year. equities research analysts predict that CSW Industrials Inc will post 1.99 EPS for the current year.

A number of equities analysts recently commented on CSWI shares. Zacks Investment Research upgraded CSW Industrials from a “hold” rating to a “strong-buy” rating and set a $50.00 price target for the company in a research note on Friday, September 22nd. B. Riley lifted their target price on CSW Industrials from $48.00 to $60.00 and gave the company a “buy” rating in a research note on Wednesday, November 8th. BidaskClub upgraded CSW Industrials from a “sell” rating to a “hold” rating in a research note on Friday, August 11th. Finally, FBR & Co restated a “buy” rating on shares of CSW Industrials in a research note on Friday, September 22nd.

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CSW Industrials Profile

CSW Industrials, Inc (CSWI) is a diversified industrial growth company. The Company operates through three segments: Industrial Products; Coatings, Sealants & Adhesives, and Specialty Chemicals. The Industrial Products segment consists of specialty mechanical products; fire and smoke protection products; architecturally specified building products, and storage, filtration and application equipment.

Institutional Ownership by Quarter for CSW Industrials (NASDAQ:CSWI)

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