Did Richard Mcguire’s Marcato Capital Management Lp [BuySell] More Terex Corp Shares?

May 17, 2018 - By Benjamin Allen

Terex Corporation (NYSE:TEX) Corporate Logo

During 2017 Q4 the big money sentiment increased to 0.91. That’s change of 0.28, from 2017Q3’s 0.63. 27 investors sold all, 102 reduced holdings as Terex Corporation ratio is positive. 61 increased holdings while 56 funds amassed holdings. Funds hold 76.03 million shares thus 4.26% less from 2017Q3’s 79.42 million shares.

Brighton Jones Limited Liability Corp reported 0.22% of its capital in Terex Corporation (NYSE:TEX). Cornerstone Cap Mgmt Holding Lc accumulated 0.08% or 241,385 shs. New Mexico Educational Retirement Board owns 19,800 shs. Mutual Of America Cap Management holds 65,219 shs or 0.05% of its capital. Atlantic Tru Grp Inc Limited Liability invested in 120 shs or 0% of the stock. Massachusetts Ser Ma holds 0% of its capital in Terex Corporation (NYSE:TEX) for 26,913 shs. Bogle Investment Mgmt L P De has 0.02% invested in Terex Corporation (NYSE:TEX). United Cap Financial Advisers Ltd Liability has invested 0% in Terex Corporation (NYSE:TEX). Geode Cap Ltd Com reported 748,507 shs. Profund Advisors Ltd Liability holds 0.02% in Terex Corporation (NYSE:TEX) or 9,454 shs. Vantage Advsr Limited Liability Corp owns 219 shs. Natl Bank Of Montreal Can has 0% invested in Terex Corporation (NYSE:TEX). Lpl Limited Liability reported 0% of its capital in Terex Corporation (NYSE:TEX). Franklin Resources has invested 0.01% of its capital in Terex Corporation (NYSE:TEX). California Pub Employees Retirement System holds 0.02% in Terex Corporation (NYSE:TEX) or 270,939 shs.

Terex Corporation had 5 selling transactions and 13 insider buys since January 5, 2018. This’s net activity of $3.10 million. On Tuesday, February 27 $388,828 worth of stock was sold by FILIPOV STEVE. The insider BARR KEVIN A sold $1.01M. $505,038 worth of Terex Corporation (NYSE:TEX) was sold by COHEN ERIC I. $1.20 million worth of stock was sold by FEARON MATTHEW on Wednesday, March 14. On Friday, March 23 SACHS DAVID A also bought $376,602 worth of Terex Corporation (NYSE:TEX). The insider HENRY BRIAN J bought $3,451.

Terex Corp has increased Interest, Richard Mcguire’s Marcato Capital Management Lp posted

By clicking the link 000091412118000990 you will find SC 13D/A SEC filling registered by Marcato Capital Management Lp about Terex Corp.The Richard Mcguire’s Marcato Capital Management Lp’s holding increased by 0.06 % for 5,525,917 shares.Richard Mcguire’s Marcato Capital Management Lp currently owns 7.3% of the Industrials- stock. This ownership filing was filed because activity on May 14, 2018.

After reporting an increase with $3.47 billion of its Terex Corp ownership the hedge fund looks more positive.

The hedge fund have positions in the Finance sector. Its 25% of Richard Mcguire’s Marcato Capital Management Lp�s US portfolio.

Terex Corp Institutional Sentiment

212 investors own Terex Corp says the latest Securities and Exchange Commission filings. In Q3 2017 the institutional ownership is very high, which is Infinity of the outstanding shares. By 3506442 shares it is increased. Institutional investors had 79420749. In total 43 funds opened new Terex Corp stakes, 42 increased stakes. There were 19 that closed positions and 115 reduced them.

The stock participate in the top Ten portfolios of 3 managers. Well-known investors are: Marcato Capital Management Lp, Minneapolis Portfolio Management Group Llc, Systematic Financial Management Lp..

Since Q3 2017 Systematic Financial Management Lp is holding 0.86% of its US portfolio or 946515 shares. The stake that Stanley Capital Management Llc posted worth 3.30% of its portfolio 131324 shares. Further, 13D Management Llc posted stake worth 5.03% of the manager�s US portfolio. 795431 shares owns MN 13D Management Llc which is 5.24% of their stock portfolio. The 2892929 shares are had by CA Marcato Capital Management Lp. Terex Corp is 14.85% of its portfolio.

Richard Mcguire’s Marcato Capital Management Lp website.

Terex Corporation (NYSE:TEX)’s quarterly earnings will be reported on August, 7., Zacks reports. Analysts expect change of 76.47 % or $0.39 from previous year’s $0.51 EPS compared to current’s $0.90 EPS. If reported the P/E will be 11.71 with $68.41 million profit. After $0.55 EPS was reported previous quarter, analysts now see EPS growth of 63.64 % for Terex Corporation.

The stock increased 1.74% or $0.72 during the last trading session, reaching $42.14.Terex Corporation has 2.14M shares volume, 28.54% up from normal. TEX is uptrending and has moved 24.79% since May 17, 2017. TEX outperformed the S&P 500 by 13.24%.

Terex Corporation manufactures and sells lifting and material processing products worldwide.The company has $3.20 billion market cap. The firm operates through three divisions: Aerial Work Platforms , Cranes, and Materials Processing (MP).31.12 is the P/E ratio. The AWP segment designs, makes, services, and markets aerial work platform equipment, telehandlers, and light towers, as well as related components and replacement parts under the Terex and Genie brand names.

Terex Corporation (NYSE:TEX) Ratings Coverage

Total analysts of 12 have positions in Terex Corp (NYSE:TEX) as follows: 4 rated it a “Buy”, 0 with “Sell” and 8 with “Hold”. The positive are 33%. The firm has $62 highest while $40 is the lowest price target. The average target $47.10 is 11.77% above the last ($42.14) price. Since December 12, 2017 according to StockzIntelligence Inc Terex Corp has 18 analyst reports. On Thursday, January 18 the firm has “Hold” rating given by Jefferies. On Wednesday, April 18 the firm has “Buy” rating given by Seaport Global. On Tuesday, December 19 Robert W. Baird maintained Terex Corporation (NYSE:TEX) rating. Robert W. Baird has “Buy” rating and $52.0 target. On Tuesday, April 17 the rating was maintained by BMO Capital Markets with “Hold”. On Thursday, February 15 the stock of Terex Corporation (NYSE:TEX) earned “Hold” rating by Deutsche Bank. On Friday, March 2 the stock has “Neutral” rating by Robert W. Baird. The stock rating was maintained by RBC Capital Markets with “Hold” on Tuesday, April 17. The company rating was maintained by Morgan Stanley on Thursday, May 3. The company rating was initiated by Barclays Capital on Tuesday, December 12. On Monday, May 7 the firm earned “Outperform” rating by Evercore.

More recent Terex Corporation (NYSE:TEX) news were released by Seekingalpha.com, Streetinsider.com and Globenewswire.com. The first one has “Terex (TEX) Q1 2018 Results – Earnings Call Transcript” as a title and was released on May 02, 2018. The next is “Marcato Capital Shows New Stakes in Astec Industries (ASTE), Univar (UNVR) (more…) – 13f” on May 15, 2018. And last was released on May 10, 2018, called “Recent Analysis Shows TechnipFMC plc, Oceaneering International, FIS, Vista Outdoor, Taylor Morrison Home, and …”.

Terex Corporation (NYSE:TEX) Institutional Investors Chart

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