A.O. Smith Corporation (NYSE:AOS) Sellers Reduced Their Shorts By 19.25%

May 16, 2018 - By Benjamin Allen

A. O. Smith Corporation (NYSE:AOS) Corporate Logo

Big Money Sentiment increased to 1.21 in 2017 Q4. It has change of 0.07, from 2017Q3’s 1.14. The ratio improved due to A. O. Smith Corporation positioning: 25 sold and 136 reduced. 49 funds acquired holdings and 146 increased holdings. Investors holded 123.32 million in 2017Q3 but now own 120.93 million shares or 1.94% less.
Cipher Capital Lp reported 23,210 shs. Virginia Retirement Systems Et Al reported 281,800 shs. The Maryland-based Proshare Advsrs Limited has invested 0.01% in A. O. Smith Corporation (NYSE:AOS). Evercore Wealth Mgmt Ltd Liability Co holds 1.76% or 773,671 shs. Moreover, Tiaa Cref Limited Liability Com has 0.02% invested in A. O. Smith Corporation (NYSE:AOS) for 527,372 shs. 17,770 are owned by Southeast Asset Advsr. Commonwealth Of Pennsylvania Pub School Empls Retrmt accumulated 13,043 shs or 0.01% of the stock. 8,100 are owned by Savant Ltd Liability Corp. Brown Brothers Harriman Co accumulated 7,200 shs or 0% of the stock. Fdx Inc has invested 0.06% in A. O. Smith Corporation (NYSE:AOS). Assetmark has 0% invested in A. O. Smith Corporation (NYSE:AOS) for 66 shs. Atlantic Grp Incorporated Limited Co stated it has 843,675 shs. Cap Investment Services Of America, a Wisconsin-based fund reported 157,900 shs. Voya Investment Mgmt Ltd reported 88,867 shs. Price T Rowe Assocs Md has 1.64M shs.

A. O. Smith Corporation had 9 sales and 0 insider buys since February 1, 2018. This’s net activity of $7.68 million. On Thursday, February 1 GREUBEL WILLIAM P sold $1.19M worth of A. O. Smith Corporation (NYSE:AOS). $435,308 worth of A. O. Smith Corporation (NYSE:AOS) was sold by Rajendra Ajita G on Wednesday, February 14. On Tuesday, February 20 Ding Wei also sold $768,677 worth of A. O. Smith Corporation (NYSE:AOS). On Friday, February 16 $1.65 million worth of stock was sold by KITA JOHN J. $163,099 worth of A. O. Smith Corporation (NYSE:AOS) was sold by SMITH MARK D. BROUWER WILFRIDUS M had sold 30,000 shs worth $1.89M on Tuesday, March 6.

It was recorded a decrease on A.O. Smith Corporation (NYSE:AOS)’s short interest with 19.25%. It was issued in May by FINRA the 3.63 million short interest on AOS. The 4.49 million previous shares are down with 19.25%. Former AOS’s position will need 3 days to recover. It has 1.33M average volume. A.O. Smith Corporation’s short interest float is 2.55%.

AOS hit $63.42 during the last trading session after $0.44 change.A. O. Smith Corporation has volume of 232,080 shares. Since May 16, 2017 AOS has risen 21.58% and is uptrending. AOS outperformed by 10.03% the S&P500.

A. O. Smith Corporation manufactures and markets residential and commercial gas, gas tankless, electric water heaters, and water treatment products in North America, China, Europe, and India.The company has $10.85 billion market cap. The firm offers water heaters for residences, restaurants, hotels and motels, office buildings, laundries, car washes, and small businesses; commercial boilers for use in space heating applications for hospitals, schools, hotels, and other large commercial buildings; and expansion tanks, commercial solar water heating systems, swimming pool and spa heaters, and related products and parts.35.85 is the P/E ratio. It also provides heat pump and solar units, as well as combi boilers; and air purification products.

A. O. Smith Corporation (NYSE:AOS) Ratings Coverage

In total 7 analysts cover AO Smith Corp (NYSE:AOS). “Buy” rating has 6, “Sell” are 0, while 1 are “Hold”. (NYSE:AOS) has 86% bullish analysts. 13 are the (NYSE:AOS)’s ratings reports on May 16, 2018 according to StockzIntelligence Inc. On Thursday, January 25 the firm has “Buy” rating given by BMO Capital Markets. On Thursday, February 15 the rating was maintained by Stifel Nicolaus with “Hold”. In Tuesday, January 30 report Robert W. Baird maintained the stock with “Buy” rating. On Wednesday, January 31 the rating was maintained by Stifel Nicolaus with “Hold”. On Thursday, April 26 the stock has “Buy” rating by DA Davidson. On Tuesday, January 30 the firm has “Buy” rating given by SunTrust. On Thursday, March 22 Boenning & Scattergood upgraded the shares of AOS in report to “Buy” rating. In Friday, April 27 report Stifel Nicolaus maintained the stock with “Hold” rating. On Wednesday, April 4 the stock of A. O. Smith Corporation (NYSE:AOS) has “Buy” rating given by Goldman Sachs. On Sunday, December 10 Stifel Nicolaus maintained A. O. Smith Corporation (NYSE:AOS) rating. Stifel Nicolaus has “Hold” rating and $59.0 target.

There’s an important A. O. Smith Corporation (NYSE:AOS) news published by Globenewswire.com. It’s an item titled: “Analysis: Positioning to Benefit within Advaxis, elf Beauty, Heron Therapeutics, PVH, Energy Recovery, and AO Smith …” on May 14, 2018.

A. O. Smith Corporation (NYSE:AOS) Institutional Investors Chart

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