Installed Building Products, Inc. (IBP) Forms $61.80 Double Top; Northwest Pipe Co Has 1.7 Sentiment

Northwest Pipe Company manufactures engineered steel pipe water systems in North America. The company has market cap of $203.94 million. The firm operates in two divisions, Water Transmission and Tubular Products. It currently has negative earnings. The Water Transmission segment primarily produces steel pipeline systems for use in drinking water infrastructure, including large diameter, high pressure, and engineered welded steel pipe products; and pipes for piling and hydroelectric projects, wastewater treatment plants, and other applications, as well as for industrial plant piping systems and certain structural applications.

Installed Building Products, Inc. (IBP) formed double top with $66.13 target or 7.00% above today’s $61.80 share price. Installed Building Products, Inc. (IBP) has $1.97 billion valuation. The stock decreased 0.08% or $0.05 during the last trading session, reaching $61.8. About 194,143 shares traded. Installed Building Products, Inc. (NYSE:IBP) has risen 54.12% since March 13, 2017 and is uptrending. It has outperformed by 37.42% the S&P500.

Since September 19, 2017, it had 0 buys, and 10 selling transactions for $14.68 million activity. NIXON J MICHAEL also sold $829,200 worth of Installed Building Products, Inc. (NYSE:IBP) shares. The insider Elliott Jay P. sold $161,521. Another trade for 11,344 shares valued at $680,640 was sold by Miller Michael Thomas.

Investors sentiment decreased to 1.25 in 2017 Q3. Its down 0.24, from 1.49 in 2017Q2. It worsened, as 8 investors sold Installed Building Products, Inc. shares while 45 reduced holdings. 23 funds opened positions while 56 raised stakes. 20.52 million shares or 0.36% less from 20.59 million shares in 2017Q2 were reported. Pnc Ser stated it has 588,319 shares. Bank & Trust Of Montreal Can accumulated 26,167 shares. 49 are held by Gemmer Asset Ltd Limited Liability Company. Barclays Public has 0% invested in Installed Building Products, Inc. (NYSE:IBP) for 21,712 shares. Moreover, Essex Investment Management Limited Liability Corporation has 0.25% invested in Installed Building Products, Inc. (NYSE:IBP) for 28,188 shares. Ftb Advsrs, a Tennessee-based fund reported 233 shares. 13,261 were reported by Sector Pension Board. Louisiana State Employees Retirement Systems invested 0.03% in Installed Building Products, Inc. (NYSE:IBP). Oppenheimer holds 0.01% or 5,000 shares in its portfolio. Emerald Advisers Pa reported 1.84% in Installed Building Products, Inc. (NYSE:IBP). Comml Bank Of America De holds 0% of its portfolio in Installed Building Products, Inc. (NYSE:IBP) for 97,301 shares. New York State Common Retirement Fund reported 0% in Installed Building Products, Inc. (NYSE:IBP). Sawgrass Asset Mngmt Llc reported 19,160 shares stake. Shaker Invs Ltd Liability Corp Oh stated it has 1.09% in Installed Building Products, Inc. (NYSE:IBP). Moreover, Teachers Retirement Of The State Of Kentucky has 0% invested in Installed Building Products, Inc. (NYSE:IBP).

Among 12 analysts covering Installed Building Products (NYSE:IBP), 10 have Buy rating, 0 Sell and 2 Hold. Therefore 83% are positive. Installed Building Products has $86.0 highest and $26 lowest target. $62.10’s average target is 0.49% above currents $61.8 stock price. Installed Building Products had 32 analyst reports since July 30, 2015 according to SRatingsIntel. As per Tuesday, December 12, the company rating was initiated by Jefferies. The company was maintained on Monday, August 7 by RBC Capital Markets. The firm earned “Buy” rating on Monday, July 24 by RBC Capital Markets. As per Wednesday, January 27, the company rating was downgraded by KeyBanc Capital Markets. RBC Capital Markets maintained it with “Buy” rating and $71.0 target in Thursday, March 1 report. The stock has “Hold” rating by KeyBanc Capital Markets on Tuesday, October 31. The stock of Installed Building Products, Inc. (NYSE:IBP) earned “Hold” rating by KeyBanc Capital Markets on Tuesday, August 22. The firm earned “Buy” rating on Thursday, March 17 by SunTrust. Deutsche Bank maintained the shares of IBP in report on Monday, August 21 with “Buy” rating. The rating was maintained by Seaport Global with “Buy” on Tuesday, January 2.

Pacific Ridge Capital Partners Llc holds 1.27% of its portfolio in Northwest Pipe Company for 235,006 shares. Eidelman Virant Capital owns 108,343 shares or 1.22% of their US portfolio. Moreover, Alphaone Investment Services Llc has 0.83% invested in the company for 164,000 shares. The Wisconsin-based Heartland Advisors Inc has invested 0.69% in the stock. Quantum Capital Management, a California-based fund reported 70,178 shares.