As Installed Building Products (IBP) Shares Declined, Shareholder Emerald Mutual Fund Advisers Trust Decreased Its Stake

April 17, 2018 - By Sheila Anderson

Installed Building Products, Inc. (NYSE:IBP) Corporate LogoDuring Q4 2017 the big money sentiment decreased to 1.25. That’s change of 0.24, from 2017Q3’s 1.49. 14 investors sold all, 51 reduced holdings as IBP ratio dropped. 54 rose positions while 27 funds acquired positions. Funds hold 21.10 million shares thus 2.85% more from 2017Q3’s 20.52 million shares. Ameritas Inv Prtnrs owns 1,894 shs for 0.01% of their capital. Arizona State Retirement Systems reported 0.03% stake. Lpl Ltd Limited Liability Company owns 0% invested in Installed Building Products, Inc. (NYSE:IBP) for 2,877 shs. Northern Tru Corp owns 271,980 shs for 0.01% of their capital. 408 were accumulated by Assetmark. Piedmont Invest Advsrs Limited Liability Company holds 0.01% or 4,322 shs in its capital. The North Carolina-based First Personal Service has invested 0.01% in Installed Building Products, Inc. (NYSE:IBP). Fincl Bank Of Ny Mellon Corporation invested in 0% or 248,875 shs. The Massachusetts-based Geode Mngmt Limited Liability Com has invested 0% in Installed Building Products, Inc. (NYSE:IBP). Rafferty Asset Mgmt Ltd owns 0.01% invested in Installed Building Products, Inc. (NYSE:IBP) for 10,914 shs. Stifel holds 0.06% in Installed Building Products, Inc. (NYSE:IBP) or 240,087 shs. Shaker Invs Ltd Oh reported 24,100 shs. The Illinois-based Guggenheim Ltd has invested 0.01% in Installed Building Products, Inc. (NYSE:IBP). Tower (Trc) stated it has 200 shs or 0% of all its holdings. Globeflex Capital Lp, a California-based fund reported 12,449 shs.

IBP had 3 selling transactions and 0 insider buys since December 7, 2017. This’s net activity of $5.39 million. 20,000 shs were sold by NIXON J MICHAEL, worth $1.49 million on Tuesday, January 16.

In Installed Building Products (IBP) was decreased the stake held by Emerald Mutual Fund Advisers Trust. The reduction is 22.2% according to 2017Q4 SEC form. 127,484 shares were sold by Emerald Mutual Fund Advisers Trust as the company’s stock declined 19.53% with the market. The basic industries company at the end of 2017Q4 was valued at $33.93 million. It’s down from 574,212 at the end of the previous reported quarter. Now it had 446,728 shares held by the institutional investor . $1.70 billion is the MC of Installed Building Products. IBP reached $53.45 on during the last trading session after $1.4 change.Installed Building Products, Inc. has 384,350 shares volume, 27.44% up from normal. IBP is uptrending and has moved 15.96% since April 17, 2017. The stock outperformed the S&P 500 by 4.41%.

A portfolio of $1.06 billion and $2.52B is managed by Emerald Mutual Fund Advisers Trust. As it’s announced in SEC form the stake in Portola Pharmaceuticals Inc (NASDAQ:PTLA) is rose by 68,420 shares to 443,328 shares. They are valued at $21.58 million in 2017Q4. Emerald Mutual Fund Advisers Trust has risen its stake in Catalent Inc (NYSE:CTLT) and also increased its holding in Cloudera Inc by 397,060 shares in the quarter, for a total of 741,083 shares.

Analysts await Installed Building Products, Inc. (NYSE:IBP) to report earnings on May, 4. They expect $0.31 EPS, up 55.00 % or $0.11 from last year’s $0.2 per share. IBP’s profit will be $9.88 million for 43.10 P/E if the $0.31 EPS becomes a reality. After $0.23 actual EPS reported by Installed Building Products, Inc. for the previous quarter, Wall Street now forecasts 34.78 % EPS growth.

Installed Building Products, Inc. (NYSE:IBP) Ratings Coverage

Total analysts of 10 have positions in Installed Building Products (NYSE:IBP) as follows: 8 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 80%. Since October 31, 2017 according to StockzIntelligence Inc Installed Building Products has 13 analyst reports. In Friday, February 16 report Zelman upgraded the stock to “Buy” rating. On Thursday, March 1 the firm has “Buy” rating by Seaport Global given. On Tuesday, December 12 Jefferies initiated Installed Building Products, Inc. (NYSE:IBP) rating. Jefferies has “Hold” rating and $69.0 target. On Thursday, March 1 the rating was maintained by Stephens with “Buy”. The stock rating was maintained by RBC Capital Markets with “Buy” on Tuesday, November 14. On Tuesday, March 13 Nomura initiated the shares of IBP in report with “Buy” rating. On Thursday, March 1 the rating was maintained by RBC Capital Markets with “Buy”. On Monday, January 22 the rating was maintained by Credit Suisse with “Buy”. On Friday, November 3 the firm has “Buy” rating by SunTrust given. On Tuesday, October 31 the firm has “Hold” rating by KeyBanc Capital Markets given.

Installed Building Products, Inc. (NYSE:IBP) Institutional Investors Chart

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