Barnes Group Inc. (B) Stock Is Rising Now

Barnes Group Inc. (NYSE:B) Logo

Investors sentiment decreased to 0.84 in Q2 2019. Its down 0.52, from 1.36 in 2019Q1. It is negative, as 27 investors sold Barnes Group Inc. shares while 66 reduced holdings. 24 funds opened positions while 54 raised stakes. 42.30 million shares or 1.26% less from 42.84 million shares in 2019Q1 were reported.
Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% of its portfolio in Barnes Group Inc. (NYSE:B). Wooster Corthell Wealth Mngmt has 68,414 shares. State Of Wisconsin Board owns 0.02% invested in Barnes Group Inc. (NYSE:B) for 154,000 shares. Pillar Pacific Capital Management Ltd stated it has 0.05% in Barnes Group Inc. (NYSE:B). Swiss National Bank accumulated 90,800 shares. Texas Permanent School Fund holds 0.03% of its portfolio in Barnes Group Inc. (NYSE:B) for 32,083 shares. Meeder Asset Mgmt invested 0% in Barnes Group Inc. (NYSE:B). 507 were reported by Fmr Ltd Liability Corporation. Mason Street Advsrs Limited Liability owns 0.02% invested in Barnes Group Inc. (NYSE:B) for 15,780 shares. Cwm Ltd reported 0% in Barnes Group Inc. (NYSE:B). Invesco Ltd reported 0% of its portfolio in Barnes Group Inc. (NYSE:B). Pub Employees Retirement Of Ohio invested in 67,120 shares. 66,995 were reported by Mondrian Investment Partners Limited. Aristotle Boston Limited Liability has invested 1.01% in Barnes Group Inc. (NYSE:B). 3,200 are owned by Strs Ohio.

Since June 6, 2019, it had 3 insider buys, and 0 sales for $5,850 activity. MANGUM MYLLE H bought 42 shares worth $2,058.

The stock of Barnes Group Inc. (NYSE:B) is a huge mover today! The stock increased 4.68% or $2.47 during the last trading session, reaching $55.24. About 311,285 shares traded or 49.85% up from the average. Barnes Group Inc. (NYSE:B) has declined 21.71% since September 13, 2018 and is downtrending. It has underperformed by 21.71% the S&P500.
The move comes after 7 months positive chart setup for the $2.80B company. It was reported on Sep, 13 by Barchart.com. We have $58.55 PT which if reached, will make NYSE:B worth $167.76M more.

Analysts await Barnes Group Inc. (NYSE:B) to report earnings on October, 25. They expect $0.79 EPS, up 1.28 % or $0.01 from last year’s $0.78 per share. B’s profit will be $39.99 million for 17.48 P/E if the $0.79 EPS becomes a reality. After $0.75 actual EPS reported by Barnes Group Inc. for the previous quarter, Wall Street now forecasts 5.33 % EPS growth.

Barnes Group Inc. (NYSE:B) Ratings Coverage

Among 2 analysts covering Barnes Group Inc (NYSE:B), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Barnes Group Inc has $74 highest and $5300 lowest target. $61’s average target is 10.43% above currents $55.24 stock price. Barnes Group Inc had 4 analyst reports since March 24, 2019 according to SRatingsIntel. The firm has “Buy” rating given on Sunday, March 24 by Oppenheimer. The firm has “Neutral” rating by UBS given on Tuesday, July 30.

More notable recent Barnes Group Inc. (NYSE:B) news were published by: Finance.Yahoo.com which released: “What Should You Know About Industrias Bachoco, S.A.B. de C.V.’s (NYSE:IBA) Future? – Yahoo Finance” on September 02, 2019, also Finance.Yahoo.com with their article: “Is Summit Materials (NYSE:SUM) Using Too Much Debt? – Yahoo Finance” published on September 10, 2019, Finance.Yahoo.com published: “A Close Look At Huntington Ingalls Industries, Inc.’s (NYSE:HII) 16% ROCE – Yahoo Finance” on September 13, 2019. More interesting news about Barnes Group Inc. (NYSE:B) were released by: Finance.Yahoo.com and their article: “Barnes Group Inc. Appoints Daphne E. Jones to Board of Directors – Yahoo Finance” published on September 11, 2019 as well as Finance.Yahoo.com‘s news article titled: “Is DTE Energy Company (NYSE:DTE) Better Than Average At Deploying Capital? – Yahoo Finance” with publication date: September 13, 2019.

Barnes Group Inc. operates as an industrial and aerospace manufacturer, and service well-known provider in the United States and internationally. The company has market cap of $2.80 billion. The Company’s Industrial segment offers precision components, products, and systems for applications serving various clients in end-markets, such as transportation, industrial equipment, consumer products, packaging, electronics, medical devices, and energy. It has a 19.19 P/E ratio. This segment also makes and supplies precision mechanical products, including mechanical springs, high-precision punched and fine-blanked components, and retention rings; force and motion solutions for sheet metal forming, heavy duty suspension, and other markets; and hot runner systems, mold cavity sensors and process control systems, and precision high cavitation mold for injection molding applications.

Barnes Group Inc. (NYSE:B) Institutional Positions Chart

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