Barnes Group INC (B) Holder King Luther Capital Management Corp Cut Stake

Barnes Group Inc. (NYSE:B) LogoInvestors sentiment decreased to 0.84 in 2019 Q2. Its down 0.52, from 1.36 in 2019Q1. It turned negative, as 27 investors sold B shares while 66 reduced holdings. 24 funds opened positions while 54 raised stakes. 42.30 million shares or 1.26% less from 42.84 million shares in 2019Q1 were reported. Caxton Associates Limited Partnership holds 11,734 shares. Csat Investment Advisory LP stated it has 0% in Barnes Group Inc. (NYSE:B). Cubist Systematic Strategies Ltd Llc holds 5,885 shares or 0.01% of its portfolio. Mason Street Ltd holds 0.02% or 15,780 shares in its portfolio. California Pub Employees Retirement Sys owns 88,256 shares for 0.01% of their portfolio. Tributary Cap has 364,194 shares for 1.45% of their portfolio. Bank & Trust Of Montreal Can holds 12,408 shares or 0% of its portfolio. Ironwood Investment Mgmt Lc reported 1.35% stake. Prudential Incorporated stated it has 0.01% of its portfolio in Barnes Group Inc. (NYSE:B). International has 35,809 shares. Rhumbline Advisers reported 156,924 shares stake. New York State Common Retirement Fund reported 123,841 shares. Teton owns 4,950 shares or 0.03% of their US portfolio. 700 are held by Hartford. Virginia Retirement Sys Et Al holds 9,000 shares.

Since June 6, 2019, it had 3 insider purchases, and 0 insider sales for $5,850 activity. 35 shares valued at $1,896 were bought by MANGUM MYLLE H on Thursday, June 6.

King Luther Capital Management Corp decreased its stake in Barnes Group Inc (B) by 42.24% based on its latest 2019Q2 regulatory filing with the SEC. King Luther Capital Management Corp sold 153,521 shares as the company’s stock declined 8.25% . The institutional investor held 209,933 shares of the capital goods company at the end of 2019Q2, valued at $14.79M, down from 363,454 at the end of the previous reported quarter. King Luther Capital Management Corp who had been investing in Barnes Group Inc for a number of months, seems to be less bullish one the $2.59 billion market cap company. The stock increased 3.45% or $1.71 during the last trading session, reaching $51.22. About 252,105 shares traded or 6.91% up from the average. Barnes Group Inc. (NYSE:B) has declined 21.71% since October 12, 2018 and is downtrending. It has underperformed by 21.71% the S&P500.

King Luther Capital Management Corp, which manages about $16.93B and $11.42 billion US Long portfolio, upped its stake in Facebook Inc (NASDAQ:FB) by 70,343 shares to 547,452 shares, valued at $93.54 million in 2019Q2, according to the filing. It also increased its holding in Flir Sys Inc (NASDAQ:FLIR) by 183,500 shares in the quarter, for a total of 608,470 shares, and has risen its stake in Lauder Estee Cos Inc (NYSE:EL).

Analysts await Barnes Group Inc. (NYSE:B) to report earnings on October, 25. They expect $0.79 earnings per share, up 1.28 % or $0.01 from last year’s $0.78 per share. B’s profit will be $39.99M for 16.21 P/E if the $0.79 EPS becomes a reality. After $0.75 actual earnings per share reported by Barnes Group Inc. for the previous quarter, Wall Street now forecasts 5.33 % EPS growth.

More notable recent Barnes Group Inc. (NYSE:B) news were published by: Seekingalpha.com which released: “AT&T Vs. Verizon: Telecom Titan Smackdown – Seeking Alpha” on October 11, 2019, also Finance.Yahoo.com with their article: “What Kind Of Shareholders Own NIKE, Inc. (NYSE:NKE)? – Yahoo Finance” published on October 11, 2019, Finance.Yahoo.com published: “Gap (NYSE:GPS) Takes On Some Risk With Its Use Of Debt – Yahoo Finance” on September 26, 2019. More interesting news about Barnes Group Inc. (NYSE:B) were released by: Finance.Yahoo.com and their article: “Here’s What You Should Know About Entergy Corporation’s (NYSE:ETR) 3.1% Dividend Yield – Yahoo Finance” published on October 12, 2019 as well as Seekingalpha.com‘s news article titled: “Stocks To Watch: Q3 Earnings Blastoff – Seeking Alpha” with publication date: October 12, 2019.

Barnes Group Inc. (NYSE:B) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.