Skylands Capital LLC Has $7.77 Million Holdings in Columbus McKinnon Corp. (NASDAQ:CMCO)

Acadian Asset Management LLC boosted its holdings in shares of Columbus McKinnon by 219.6% in the fourth quarter. Acadian Asset Management …

Columbus McKinnon logoSkylands Capital LLC lifted its stake in shares of Columbus McKinnon Corp. (NASDAQ:CMCO) by 24.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 226,300 shares of the industrial products company’s stock after acquiring an additional 43,800 shares during the quarter. Columbus McKinnon makes up 1.1% of Skylands Capital LLC’s holdings, making the stock its 22nd biggest holding. Skylands Capital LLC owned about 0.97% of Columbus McKinnon worth $7,773,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of the business. Quantamental Technologies LLC purchased a new stake in shares of Columbus McKinnon in the first quarter valued at about $56,000. Acadian Asset Management LLC boosted its holdings in shares of Columbus McKinnon by 219.6% in the fourth quarter. Acadian Asset Management LLC now owns 1,889 shares of the industrial products company’s stock valued at $57,000 after acquiring an additional 1,298 shares in the last quarter. Legal & General Group Plc lifted its stake in shares of Columbus McKinnon by 14.5% in the fourth quarter. Legal & General Group Plc now owns 4,279 shares of the industrial products company’s stock valued at $129,000 after purchasing an additional 541 shares during the period. BNP Paribas Arbitrage SA lifted its stake in shares of Columbus McKinnon by 1,596.7% in the first quarter. BNP Paribas Arbitrage SA now owns 4,649 shares of the industrial products company’s stock valued at $160,000 after purchasing an additional 4,375 shares during the period. Finally, LPL Financial LLC acquired a new stake in shares of Columbus McKinnon in the third quarter valued at about $222,000. Institutional investors and hedge funds own 96.56% of the company’s stock.

CMCO has been the subject of a number of recent research reports. Zacks Investment Research upgraded shares of Columbus McKinnon from a “hold” rating to a “buy” rating and set a $38.00 price target for the company in a report on Monday, January 28th. Seaport Global Securities initiated coverage on shares of Columbus McKinnon in a research report on Wednesday, January 23rd. They set a “buy” rating and a $42.00 target price on the stock. BidaskClub raised shares of Columbus McKinnon from a “hold” rating to a “buy” rating in a report on Wednesday, February 20th. Roth Capital set a $44.00 price target on shares of Columbus McKinnon and gave the company a “buy” rating in a report on Saturday, February 2nd. Finally, ValuEngine raised shares of Columbus McKinnon from a “sell” rating to a “hold” rating in a report on Wednesday, January 30th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $44.50.

Shares of Columbus McKinnon stock traded down $0.69 during trading on Tuesday, hitting $38.21. 638 shares of the stock were exchanged, compared to its average volume of 81,887. The firm has a market capitalization of $924.39 million, a P/E ratio of 19.29 and a beta of 1.80. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.01 and a current ratio of 1.78. Columbus McKinnon Corp. has a 12 month low of $27.66 and a 12 month high of $45.85.

The business also recently announced a quarterly dividend, which will be paid on Monday, May 13th. Investors of record on Friday, May 3rd will be given a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.63%. The ex-dividend date of this dividend is Thursday, May 2nd. This is a positive change from Columbus McKinnon’s previous quarterly dividend of $0.05. Columbus McKinnon’s dividend payout ratio is currently 11.94%.

In related news, VP Alan S. Korman sold 5,168 shares of the stock in a transaction dated Monday, February 25th. The shares were sold at an average price of $37.90, for a total value of $195,867.20. Following the completion of the transaction, the vice president now owns 15,711 shares in the company, valued at approximately $595,446.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 2.27% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: This news story was first published by Finance Daily and is the property of of Finance Daily. If you are reading this news story on another website, it was illegally stolen and reposted in violation of United States & international trademark and copyright law. The legal version of this news story can be viewed at https://www.fidaily.com/2019/05/07/skylands-capital-llc-raises-position-in-columbus-mckinnon-corp-cmco.html.

About Columbus McKinnon

Columbus McKinnon Corporation designs, manufactures, and markets hoists, actuators, cranes, rigging tools, digital power control systems, and other material handling products for commercial and industrial applications worldwide. It offers various electric chain hoists, electric wire rope hoists, hand-operated hoists, winches, lever tools, and air-powered hoists under the Budgit, Chester, CM, Coffing, Little Mule, Pfaff, Shaw-Box, Yale, STAHL, and other brands; below-the-hook tooling, clamps, and textile strappings; and explosion-protected hoists, as well as supplies hoist trolleys.

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Institutional Ownership by Quarter for Columbus McKinnon (NASDAQ:CMCO)

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Skylands Capital LLC Raises Position in Columbus McKinnon Corp. (CMCO)

Acadian Asset Management LLC raised its position in shares of Columbus McKinnon by 219.6% during the 4th quarter. Acadian Asset Management …

Columbus McKinnon logoSkylands Capital LLC increased its stake in shares of Columbus McKinnon Corp. (NASDAQ:CMCO) by 24.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 226,300 shares of the industrial products company’s stock after purchasing an additional 43,800 shares during the period. Columbus McKinnon accounts for about 1.1% of Skylands Capital LLC’s holdings, making the stock its 22nd biggest position. Skylands Capital LLC owned about 0.97% of Columbus McKinnon worth $7,773,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Quantamental Technologies LLC acquired a new position in shares of Columbus McKinnon during the 1st quarter worth approximately $56,000. Acadian Asset Management LLC raised its position in shares of Columbus McKinnon by 219.6% during the 4th quarter. Acadian Asset Management LLC now owns 1,889 shares of the industrial products company’s stock worth $57,000 after purchasing an additional 1,298 shares during the last quarter. Legal & General Group Plc raised its position in shares of Columbus McKinnon by 14.5% during the 4th quarter. Legal & General Group Plc now owns 4,279 shares of the industrial products company’s stock worth $129,000 after purchasing an additional 541 shares during the last quarter. BNP Paribas Arbitrage SA grew its stake in Columbus McKinnon by 1,596.7% in the 1st quarter. BNP Paribas Arbitrage SA now owns 4,649 shares of the industrial products company’s stock worth $160,000 after acquiring an additional 4,375 shares during the period. Finally, LPL Financial LLC purchased a new stake in Columbus McKinnon in the 3rd quarter worth approximately $222,000. Hedge funds and other institutional investors own 97.03% of the company’s stock.

CMCO stock traded down $0.39 during midday trading on Tuesday, hitting $38.83. The stock had a trading volume of 1,469 shares, compared to its average volume of 99,178. The stock has a market capitalization of $917.48 million, a P/E ratio of 19.20 and a beta of 1.76. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.01 and a current ratio of 1.78. Columbus McKinnon Corp. has a 12-month low of $27.66 and a 12-month high of $45.85.

Columbus McKinnon (NASDAQ:CMCO) last released its earnings results on Thursday, January 31st. The industrial products company reported $0.61 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.58 by $0.03. Columbus McKinnon had a net margin of 3.58% and a return on equity of 14.55%. The firm had revenue of $217.42 million during the quarter, compared to analysts’ expectations of $215.05 million. Research analysts forecast that Columbus McKinnon Corp. will post 2.63 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, May 13th. Stockholders of record on Friday, May 3rd will be paid a dividend of $0.06 per share. The ex-dividend date is Thursday, May 2nd. This is a boost from Columbus McKinnon’s previous quarterly dividend of $0.05. This represents a $0.24 annualized dividend and a dividend yield of 0.62%. Columbus McKinnon’s payout ratio is currently 9.95%.

Several research firms have commented on CMCO. BidaskClub raised shares of Columbus McKinnon from a “hold” rating to a “buy” rating in a research note on Thursday, April 18th. Zacks Investment Research cut shares of Columbus McKinnon from a “buy” rating to a “hold” rating in a research note on Friday, February 1st. Finally, ValuEngine raised shares of Columbus McKinnon from a “sell” rating to a “hold” rating in a research note on Wednesday, April 3rd. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $44.50.

In other news, VP Alan S. Korman sold 5,168 shares of the business’s stock in a transaction on Monday, February 25th. The shares were sold at an average price of $37.90, for a total transaction of $195,867.20. Following the completion of the sale, the vice president now directly owns 15,711 shares of the company’s stock, valued at approximately $595,446.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 2.27% of the stock is owned by insiders.

ILLEGAL ACTIVITY WARNING: This story was first reported by Finance Daily and is owned by of Finance Daily. If you are accessing this story on another domain, it was illegally stolen and republished in violation of United States & international trademark & copyright laws. The original version of this story can be accessed at https://www.fidaily.com/2019/04/30/skylands-capital-llc-raises-position-in-columbus-mckinnon-corp-cmco.html.

Columbus McKinnon Company Profile

Columbus McKinnon Corporation designs, manufactures, and markets hoists, actuators, cranes, rigging tools, digital power control systems, and other material handling products for commercial and industrial applications worldwide. It offers various electric chain hoists, electric wire rope hoists, hand-operated hoists, winches, lever tools, and air-powered hoists under the Budgit, Chester, CM, Coffing, Little Mule, Pfaff, Shaw-Box, Yale, STAHL, and other brands; below-the-hook tooling, clamps, and textile strappings; and explosion-protected hoists, as well as supplies hoist trolleys.

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Institutional Ownership by Quarter for Columbus McKinnon (NASDAQ:CMCO)

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Columbus McKinnon Corp. (CMCO) Expected to Post Earnings of $0.58 Per Share

Acadian Asset Management LLC raised its position in Columbus McKinnon by 219.6% in the fourth quarter. Acadian Asset Management LLC now …

Columbus McKinnon logoBrokerages expect Columbus McKinnon Corp. (NASDAQ:CMCO) to post $0.58 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for Columbus McKinnon’s earnings. The lowest EPS estimate is $0.55 and the highest is $0.61. Columbus McKinnon reported earnings of $0.51 per share in the same quarter last year, which would suggest a positive year over year growth rate of 13.7%. The business is scheduled to announce its next earnings results on Wednesday, May 29th.

On average, analysts expect that Columbus McKinnon will report full-year earnings of $2.64 per share for the current fiscal year, with EPS estimates ranging from $2.61 to $2.66. For the next fiscal year, analysts expect that the company will report earnings of $3.05 per share, with EPS estimates ranging from $2.86 to $3.24. Zacks’ earnings per share averages are an average based on a survey of research analysts that that provide coverage for Columbus McKinnon.

Columbus McKinnon (NASDAQ:CMCO) last released its quarterly earnings data on Thursday, January 31st. The industrial products company reported $0.61 EPS for the quarter, beating analysts’ consensus estimates of $0.58 by $0.03. Columbus McKinnon had a return on equity of 14.55% and a net margin of 3.58%. The firm had revenue of $217.42 million for the quarter, compared to analysts’ expectations of $215.05 million.

A number of research firms recently commented on CMCO. BidaskClub upgraded Columbus McKinnon from a “hold” rating to a “buy” rating in a report on Thursday. Zacks Investment Research upgraded Columbus McKinnon from a “sell” rating to a “hold” rating in a report on Wednesday, April 3rd. ValuEngine upgraded Columbus McKinnon from a “sell” rating to a “hold” rating in a report on Wednesday, April 3rd. Roth Capital set a $44.00 price objective on Columbus McKinnon and gave the company a “buy” rating in a report on Saturday, February 2nd. Finally, Seaport Global Securities started coverage on Columbus McKinnon in a research report on Wednesday, January 23rd. They issued a “buy” rating and a $42.00 target price on the stock. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $44.50.

In other Columbus McKinnon news, VP Alan S. Korman sold 5,168 shares of the business’s stock in a transaction that occurred on Monday, February 25th. The stock was sold at an average price of $37.90, for a total value of $195,867.20. Following the sale, the vice president now owns 15,711 shares of the company’s stock, valued at $595,446.90. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 2.27% of the stock is owned by insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Acadian Asset Management LLC raised its position in Columbus McKinnon by 219.6% in the fourth quarter. Acadian Asset Management LLC now owns 1,889 shares of the industrial products company’s stock valued at $57,000 after purchasing an additional 1,298 shares during the period. Legal & General Group Plc raised its position in Columbus McKinnon by 14.5% in the fourth quarter. Legal & General Group Plc now owns 4,279 shares of the industrial products company’s stock valued at $129,000 after purchasing an additional 541 shares during the period. LPL Financial LLC purchased a new stake in Columbus McKinnon in the third quarter valued at approximately $222,000. Citigroup Inc. raised its position in Columbus McKinnon by 15.4% in the fourth quarter. Citigroup Inc. now owns 7,189 shares of the industrial products company’s stock valued at $217,000 after purchasing an additional 957 shares during the period. Finally, Metropolitan Life Insurance Co. NY raised its position in Columbus McKinnon by 369.9% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 7,307 shares of the industrial products company’s stock valued at $220,000 after purchasing an additional 5,752 shares during the period. 97.03% of the stock is currently owned by institutional investors.

CMCO traded down $0.38 during trading hours on Monday, reaching $39.69. The company’s stock had a trading volume of 53,751 shares, compared to its average volume of 100,558. Columbus McKinnon has a fifty-two week low of $27.66 and a fifty-two week high of $45.85. The stock has a market capitalization of $926.96 million, a PE ratio of 19.75 and a beta of 1.76. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.01 and a current ratio of 1.78.

The company also recently announced a quarterly dividend, which will be paid on Monday, May 13th. Shareholders of record on Friday, May 3rd will be given a $0.06 dividend. This is a positive change from Columbus McKinnon’s previous quarterly dividend of $0.05. The ex-dividend date is Thursday, May 2nd. This represents a $0.24 dividend on an annualized basis and a yield of 0.60%. Columbus McKinnon’s payout ratio is presently 9.95%.

Columbus McKinnon Company Profile

Columbus McKinnon Corporation designs, manufactures, and markets hoists, actuators, cranes, rigging tools, digital power control systems, and other material handling products for commercial and industrial applications worldwide. It offers various electric chain hoists, electric wire rope hoists, hand-operated hoists, winches, lever tools, and air-powered hoists under the Budgit, Chester, CM, Coffing, Little Mule, Pfaff, Shaw-Box, Yale, STAHL, and other brands; below-the-hook tooling, clamps, and textile strappings; and explosion-protected hoists, as well as supplies hoist trolleys.

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Earnings History and Estimates for Columbus McKinnon (NASDAQ:CMCO)

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Gotham Asset Management LLC Has $643000 Holdings in Columbus McKinnon Corp. (CMCO)

Acadian Asset Management LLC raised its position in Columbus McKinnon by 219.6% during the fourth quarter. Acadian Asset Management LLC now …

Columbus McKinnon logoGotham Asset Management LLC cut its stake in Columbus McKinnon Corp. (NASDAQ:CMCO) by 50.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,344 shares of the industrial products company’s stock after selling 21,975 shares during the period. Gotham Asset Management LLC owned approximately 0.09% of Columbus McKinnon worth $643,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Acadian Asset Management LLC raised its position in Columbus McKinnon by 219.6% during the fourth quarter. Acadian Asset Management LLC now owns 1,889 shares of the industrial products company’s stock valued at $57,000 after buying an additional 1,298 shares during the period. Citigroup Inc. lifted its stake in Columbus McKinnon by 15.4% in the 4th quarter. Citigroup Inc. now owns 7,189 shares of the industrial products company’s stock worth $217,000 after acquiring an additional 957 shares in the last quarter. Metropolitan Life Insurance Co. NY boosted its position in Columbus McKinnon by 369.9% during the 4th quarter. Metropolitan Life Insurance Co. NY now owns 7,307 shares of the industrial products company’s stock worth $220,000 after acquiring an additional 5,752 shares during the period. LPL Financial LLC acquired a new stake in Columbus McKinnon during the 3rd quarter worth about $222,000. Finally, PNC Financial Services Group Inc. grew its stake in Columbus McKinnon by 8.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 7,390 shares of the industrial products company’s stock valued at $222,000 after acquiring an additional 590 shares in the last quarter. Institutional investors and hedge funds own 97.54% of the company’s stock.

A number of equities analysts have recently weighed in on CMCO shares. ValuEngine upgraded Columbus McKinnon from a “sell” rating to a “hold” rating in a report on Wednesday, April 3rd. BidaskClub upgraded shares of Columbus McKinnon from a “sell” rating to a “hold” rating in a research note on Thursday, April 4th. Zacks Investment Research upgraded shares of Columbus McKinnon from a “sell” rating to a “hold” rating in a research report on Wednesday, April 3rd. Roth Capital set a $44.00 price target on shares of Columbus McKinnon and gave the company a “buy” rating in a report on Saturday, February 2nd. Finally, Seaport Global Securities initiated coverage on shares of Columbus McKinnon in a research note on Wednesday, January 23rd. They issued a “buy” rating and a $42.00 price target on the stock. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $44.50.

In other Columbus McKinnon news, VP Alan S. Korman sold 5,168 shares of the stock in a transaction on Monday, February 25th. The shares were sold at an average price of $37.90, for a total transaction of $195,867.20. Following the transaction, the vice president now directly owns 15,711 shares of the company’s stock, valued at $595,446.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 2.27% of the company’s stock.

Shares of NASDAQ CMCO opened at $38.03 on Tuesday. The company has a market capitalization of $879.08 million, a P/E ratio of 18.92 and a beta of 1.77. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.78 and a quick ratio of 1.01. Columbus McKinnon Corp. has a 52 week low of $27.66 and a 52 week high of $45.85.

Columbus McKinnon (NASDAQ:CMCO) last posted its earnings results on Thursday, January 31st. The industrial products company reported $0.61 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.58 by $0.03. The firm had revenue of $217.42 million during the quarter, compared to analysts’ expectations of $215.05 million. Columbus McKinnon had a net margin of 3.58% and a return on equity of 14.55%. As a group, equities analysts forecast that Columbus McKinnon Corp. will post 2.63 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 13th. Investors of record on Friday, May 3rd will be issued a $0.06 dividend. The ex-dividend date of this dividend is Thursday, May 2nd. This is a boost from Columbus McKinnon’s previous quarterly dividend of $0.05. This represents a $0.24 dividend on an annualized basis and a yield of 0.63%. Columbus McKinnon’s dividend payout ratio is currently 9.95%.

COPYRIGHT VIOLATION NOTICE: This report was originally published by PressOracle and is the sole property of of PressOracle. If you are reading this report on another website, it was illegally stolen and reposted in violation of U.S. & international trademark and copyright legislation. The legal version of this report can be read at https://pressoracle.com/news/2019/04/09/gotham-asset-management-llc-has-643000-stake-in-columbus-mckinnon-corp-cmco.html.

Columbus McKinnon Company Profile

Columbus McKinnon Corporation designs, manufactures, and markets hoists, actuators, cranes, rigging tools, digital power control systems, and other material handling products for commercial and industrial applications worldwide. It offers various electric chain hoists, electric wire rope hoists, hand-operated hoists, winches, lever tools, and air-powered hoists under the Budgit, Chester, CM, Coffing, Little Mule, Pfaff, Shaw-Box, Yale, STAHL, and other brands; below-the-hook tooling, clamps, and textile strappings; and explosion-protected hoists, as well as supplies hoist trolleys.

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Institutional Ownership by Quarter for Columbus McKinnon (NASDAQ:CMCO)

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Rhumbline Advisers Has $958000 Stake in Columbus McKinnon Corp. (CMCO)

WINTON GROUP Ltd grew its stake in shares of Columbus McKinnon by 40.1% during the third quarter. WINTON GROUP Ltd now owns 11,971 …

Columbus McKinnon logoRhumbline Advisers boosted its stake in shares of Columbus McKinnon Corp. (NASDAQ:CMCO) by 41.5% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 31,783 shares of the industrial products company’s stock after purchasing an additional 9,325 shares during the period. Rhumbline Advisers owned approximately 0.14% of Columbus McKinnon worth $958,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Wells Fargo & Company MN grew its stake in shares of Columbus McKinnon by 4.9% during the third quarter. Wells Fargo & Company MN now owns 34,020 shares of the industrial products company’s stock valued at $1,346,000 after buying an additional 1,595 shares during the last quarter. WINTON GROUP Ltd grew its stake in shares of Columbus McKinnon by 40.1% during the third quarter. WINTON GROUP Ltd now owns 11,971 shares of the industrial products company’s stock valued at $473,000 after buying an additional 3,428 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Columbus McKinnon by 20.9% during the third quarter. JPMorgan Chase & Co. now owns 195,290 shares of the industrial products company’s stock valued at $7,722,000 after buying an additional 33,745 shares during the last quarter. Campbell & CO Investment Adviser LLC bought a new position in shares of Columbus McKinnon during the third quarter valued at approximately $332,000. Finally, Eagle Boston Investment Management Inc. grew its stake in shares of Columbus McKinnon by 3.2% during the third quarter. Eagle Boston Investment Management Inc. now owns 321,508 shares of the industrial products company’s stock valued at $12,712,000 after buying an additional 9,918 shares during the last quarter. 97.54% of the stock is currently owned by institutional investors.

Several brokerages recently issued reports on CMCO. Roth Capital set a $44.00 price objective on Columbus McKinnon and gave the stock a “buy” rating in a research note on Saturday, February 2nd. Zacks Investment Research cut Columbus McKinnon from a “buy” rating to a “hold” rating in a research note on Thursday, January 10th. Seaport Global Securities began coverage on Columbus McKinnon in a research note on Wednesday, January 23rd. They issued a “buy” rating and a $42.00 price objective on the stock. BidaskClub raised Columbus McKinnon from a “hold” rating to a “buy” rating in a research note on Wednesday, February 20th. Finally, ValuEngine cut Columbus McKinnon from a “hold” rating to a “sell” rating in a research note on Friday, March 15th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the stock. Columbus McKinnon presently has an average rating of “Hold” and an average target price of $44.50.

Shares of CMCO opened at $34.35 on Friday. Columbus McKinnon Corp. has a 12 month low of $27.66 and a 12 month high of $45.85. The company has a quick ratio of 1.01, a current ratio of 1.78 and a debt-to-equity ratio of 0.61. The firm has a market cap of $799.90 million, a PE ratio of 17.09 and a beta of 1.78.

Columbus McKinnon (NASDAQ:CMCO) last issued its quarterly earnings data on Thursday, January 31st. The industrial products company reported $0.61 EPS for the quarter, beating the consensus estimate of $0.58 by $0.03. Columbus McKinnon had a return on equity of 14.55% and a net margin of 3.58%. The firm had revenue of $217.42 million during the quarter, compared to analyst estimates of $215.05 million. Analysts forecast that Columbus McKinnon Corp. will post 2.63 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Monday, May 13th. Investors of record on Friday, May 3rd will be paid a $0.06 dividend. This is a positive change from Columbus McKinnon’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend is Thursday, May 2nd. This represents a $0.24 dividend on an annualized basis and a yield of 0.70%. Columbus McKinnon’s dividend payout ratio (DPR) is 9.95%.

In related news, VP Alan S. Korman sold 5,168 shares of the firm’s stock in a transaction on Monday, February 25th. The stock was sold at an average price of $37.90, for a total value of $195,867.20. Following the completion of the transaction, the vice president now owns 15,711 shares in the company, valued at approximately $595,446.90. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 2.27% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: This piece was first posted by Fairfield Current and is the sole property of of Fairfield Current. If you are viewing this piece on another domain, it was illegally stolen and reposted in violation of US & international copyright legislation. The original version of this piece can be accessed at https://www.fairfieldcurrent.com/news/2019/03/30/columbus-mckinnon-corp-cmco-position-raised-by-rhumbline-advisers.html.

About Columbus McKinnon

Columbus McKinnon Corporation designs, manufactures, and markets hoists, actuators, cranes, rigging tools, digital power control systems, and other material handling products for commercial and industrial applications worldwide. It offers various electric chain hoists, electric wire rope hoists, hand-operated hoists, winches, lever tools, and air-powered hoists under the Budgit, Chester, CM, Coffing, Little Mule, Pfaff, Shaw-Box, Yale, STAHL, and other brands; below-the-hook tooling, clamps, and textile strappings; and explosion-protected hoists, as well as supplies hoist trolleys.

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Institutional Ownership by Quarter for Columbus McKinnon (NASDAQ:CMCO)

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