Janney Montgomery Scott LLC Takes Position in Valmont Industries, Inc. (VMI)

The Gross Margin Score of Valmont Industries, Inc. Glen Harbor Capital Management LLC's holdings in Valmont Industries were worth $140,000 at the end of the most recent quarter. The institutional investor acquired 1,331 shares of the industrial products company's stock, valued at approximately $207,000. (NYSE:VMI). Cutter & Com Brokerage invested 1.99% in Valmont Industries, Inc. Pinnacle Bank bought a new position in shares of Valmont Industries during the first quarter valued at about $117,000. WI increased its position in shares of Valmont Industries by 2.4% in the fourth quarter. Panagora Asset Management Inc. now owns 143,237 shares of the industrial products company's stock worth $19,275,000 after buying an additional 17,563 shares during the last quarter.

What are top analysts saying about Valmont Industries Inc. Cetera Advisor Networks LLC increased its position in shares of Valmont Industries by 5.1% in the third quarter. First Quadrant L P CA now owns 106,568 shares of the industrial products company's stock worth $16,571,000 after buying an additional 15,850 shares during the last quarter. Institutional investors own 85.10% of the company's stock. Valmont Industries, Inc. has a 12 month low of $120.65 and a 12 month high of $165.20. (NYSE:VMI). Invesco holds 0.01% of its portfolio in Valmont Industries, Inc. The score helps determine if a company's stock is valuable or not. The stock has a 50 day moving average of $149.65 and a 200-day moving average of $149.09. The firm has a market cap of $3.40 billion, a P/E ratio of 19.07 and a beta of 0.99. (NYSE:VMI) news were published by: Seekingalpha.com which released: "Valmont Industries' (VMI) CEO Mogens Bay on Q1 2017 Results - Earnings Call ..." on April 20, 2017, also Prnewswire.com published article titled: "Valmont Industries, Inc". The industrial products company reported $1.72 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.64 by $0.08. The firm had revenue of $637.47 million during the quarter, compared to analysts' expectations of $626.02 million. They expect $1.93 EPS, up 4.32 % or $0.08 from last year's $1.85 per share. The business's revenue was up 6.9% compared to the same quarter past year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 14th. Stockholders of record on Friday, June 30th will be paid a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date of this dividend is Wednesday, June 28th. Valmont Industries's dividend payout ratio (DPR) is now 18.96%. Teachers Retirement System of The State of Kentucky raised its position in Valmont Industries by 2.1% in the fourth quarter. "(VMI)" was reported by Chaffey Breeze and is the property of of Chaffey Breeze. If you are accessing this story on another site, it was copied illegally and republished in violation of worldwide trademark and copyright law. The original version of this piece of content can be viewed at https://www.thestockobserver.com/2017/06/18/janney-montgomery-scott-llc-acquires-shares-of-1331-valmont-industries-inc-vmi-updated-updated.html.

VMI has been the topic of a number of recent analyst reports. William Blair reaffirmed a "market perform" rating on shares of Valmont Industries in a research report on Sunday, April 23rd. Stifel Nicolaus lifted their target price on Valmont Industries from $167.00 to $170.00 and gave the stock a buy rating in a research report on Sunday, April 23rd. Zacks Investment Research raised Valmont Industries from a "hold" rating to a "buy" rating and set a $179.00 price objective for the company in a research report on Thursday, March 2nd. Finally, BidaskClub raised shares of Valmont Industries from a "strong sell" rating to a "sell" rating in a research report on Tuesday, June 13th. Two analysts have rated the stock with a sell recommendation, one has given a hold recommendation and two have given a buy recommendation to the company. Mutual Of America Capital Management Limited Liability Company has invested 0.05% of its portfolio in Valmont Industries, Inc.