Harbor Investment Advisory LLC Has $76,000 Position in CSW Industrials, Inc. (NASDAQ:CSWI)

Harbor Investment Advisory LLC reduced its position in shares of CSW Industrials, Inc. (NASDAQ:CSWI) by 19.4% in the 4th quarter, Holdings Channel reports. The institutional investor owned 216 shares of the basic materials company’s stock after selling 52 shares during the quarter. Harbor Investment Advisory LLC’s holdings in CSW Industrials were worth $76,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Anchor Investment Management LLC boosted its position in shares of CSW Industrials by 2.5% during the third quarter. Anchor Investment Management LLC now owns 1,287 shares of the basic materials company’s stock worth $472,000 after buying an additional 32 shares during the period. Hsbc Holdings PLC boosted its position in shares of CSW Industrials by 2.0% during the second quarter. Hsbc Holdings PLC now owns 1,743 shares of the basic materials company’s stock worth $461,000 after buying an additional 34 shares during the period. Xponance Inc. boosted its position in shares of CSW Industrials by 3.7% during the second quarter. Xponance Inc. now owns 976 shares of the basic materials company’s stock worth $259,000 after buying an additional 35 shares during the period. GAMMA Investing LLC boosted its position in shares of CSW Industrials by 105.9% during the third quarter. GAMMA Investing LLC now owns 70 shares of the basic materials company’s stock worth $26,000 after buying an additional 36 shares during the period. Finally, Morse Asset Management Inc boosted its position in shares of CSW Industrials by 2.3% during the third quarter. Morse Asset Management Inc now owns 1,621 shares of the basic materials company’s stock worth $594,000 after buying an additional 36 shares during the period. 82.79% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. The Goldman Sachs Group reduced their price target on CSW Industrials from $450.00 to $400.00 and set a “neutral” rating for the company in a research report on Tuesday, January 14th. Citigroup reduced their price target on CSW Industrials from $466.00 to $404.00 and set a “neutral” rating for the company in a research report on Monday, January 13th. StockNews.com raised CSW Industrials from a “hold” rating to a “buy” rating in a research report on Friday, December 6th. Finally, Wells Fargo & Company reduced their price target on CSW Industrials from $425.00 to $410.00 and set an “equal weight” rating for the company in a research report on Tuesday, December 17th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, CSW Industrials has an average rating of “Hold” and a consensus price target of $404.67.

CSW Industrials Trading Down 2.0 %

Shares of NASDAQ CSWI opened at $388.95 on Thursday. CSW Industrials, Inc. has a 12 month low of $203.83 and a 12 month high of $436.50. The stock has a 50 day moving average of $387.40 and a 200-day moving average of $355.28. The company has a market capitalization of $6.54 billion, a P/E ratio of 52.85 and a beta of 0.85.

CSW Industrials Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Friday, January 31st will be paid a dividend of $0.24 per share. The ex-dividend date is Friday, January 31st. This represents a $0.96 annualized dividend and a dividend yield of 0.25%. CSW Industrials’s dividend payout ratio is currently 13.04%.

Insider Transactions at CSW Industrials

In related news, CEO Joseph B. Armes sold 1,000 shares of CSW Industrials stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $404.79, for a total transaction of $404,790.00. Following the completion of the sale, the chief executive officer now directly owns 50,698 shares of the company’s stock, valued at approximately $20,522,043.42. This trade represents a 1.93 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Robert M. Swartz sold 200 shares of CSW Industrials stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $354.65, for a total value of $70,930.00. Following the sale, the director now directly owns 13,719 shares of the company’s stock, valued at approximately $4,865,443.35. The trade was a 1.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 9,903 shares of company stock worth $3,777,538. 1.40% of the stock is owned by company insiders.

CSW Industrials Profile

CSW Industrials, Inc operates as a diversified industrial company in the United States and internationally. It operates through three segments: Contractor Solutions, Engineered Building Solutions, and Specialized Reliability Solutions. The Contractor Solutions segment provides condensate pads, pans, pumps, switches, and traps; cements, diffusers, grilles, registers, solvents, thread sealants, and vents; line set covers; refrigerant caps; wire pulling head tools; electrical protection, chemical maintenance, and installation supplies for HVAC; ductless mini-split systems installation support tools and accessories; and drain waste and vent system products for use in HVAC/R, plumbing, general industrial, architecturally specified building products.