How Analysts Feel About Abm Industries Incorporated (NYSE:ABM) After Decrease in Sellers?

ABM Industries Incorporated (NYSE:ABM) Logo

Investors sentiment increased to 1.55 in 2019 Q1. Its up 0.20, from 1.35 in 2018Q4. It increased, as 17 investors sold ABM Industries Incorporated shares while 43 reduced holdings. 31 funds opened positions while 62 raised stakes. 64.84 million shares or 5.43% less from 68.56 million shares in 2018Q4 were reported.
Group Inc One Trading Lp has 1,885 shares. Millennium Management Limited Liability Corp accumulated 55,930 shares. Walthausen & Communications Ltd reported 383,983 shares stake. M&R Cap Management holds 0% or 100 shares. Principal has 538,503 shares for 0.02% of their portfolio. Burney Company stated it has 0.01% of its portfolio in ABM Industries Incorporated (NYSE:ABM). Deutsche Savings Bank Ag reported 19,375 shares. Goldman Sachs holds 0.01% or 1.24M shares. Reilly Fincl Limited Liability Company holds 0% in ABM Industries Incorporated (NYSE:ABM) or 670 shares. Moreover, Wasatch Advisors Inc has 0.03% invested in ABM Industries Incorporated (NYSE:ABM). Gotham Asset Management Ltd Liability invested in 0.04% or 68,250 shares. Anchor Cap Lc stated it has 0.02% of its portfolio in ABM Industries Incorporated (NYSE:ABM). Dimensional Fund Advsr Ltd Partnership, a Texas-based fund reported 4.38M shares. Hsbc Hldg Public Ltd Co has 0.01% invested in ABM Industries Incorporated (NYSE:ABM) for 111,335 shares. Comerica Bancorp, Michigan-based fund reported 68,044 shares.

The stock of Abm Industries Incorporated (NYSE:ABM) registered a decrease of 9.97% in short interest. ABM’s total short interest was 5.88 million shares in July as published by FINRA. Its down 9.97% from 6.53 million shares, reported previously. With 353,700 shares average volume, it will take short sellers 17 days to cover their ABM’s short positions. The short interest to Abm Industries Incorporated’s float is 9.63%.

The stock increased 0.93% or $0.38 during the last trading session, reaching $41.19. About 264,437 shares traded. ABM Industries Incorporated (NYSE:ABM) has risen 25.49% since July 14, 2018 and is uptrending. It has outperformed by 21.06% the S&P500.

ABM Industries Incorporated provides integrated facility solutions in the United States and internationally. The company has market cap of $2.73 billion. It offers carpet cleaning and dusting, floor cleaning and finishing, window washing, and other building cleaning services for commercial office buildings, data centers, educational institutions, government buildings, health facilities, industrial buildings, retail stores, sport event facilities, and transportation hubs. It has a 31.73 P/E ratio. The firm also provides onsite mechanical engineering and technical services and solutions relating to a range of facilities and infrastructure systems; and parking and transportation services for clients at various locations, including commercial office buildings, educational institutions, health facilities, hotels, sport event facilities, and transportation hubs.

ABM Industries Incorporated (NYSE:ABM) Ratings Coverage

Among 2 analysts covering ABM Industries (NYSE:ABM), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. ABM Industries has $45 highest and $37 lowest target. $41’s average target is -0.46% below currents $41.19 stock price. ABM Industries had 7 analyst reports since February 14, 2019 according to SRatingsIntel. Robert W. Baird maintained ABM Industries Incorporated (NYSE:ABM) on Thursday, March 7 with “Hold” rating. The rating was maintained by Maxim Group with “Buy” on Wednesday, March 20. Maxim Group maintained it with “Buy” rating and $45 target in Tuesday, March 5 report.

More notable recent ABM Industries Incorporated (NYSE:ABM) news were published by: Finance.Yahoo.com which released: “Did Hedge Funds Drop The Ball On RPC, Inc. (RES) ? – Yahoo Finance” on April 30, 2019, also Globenewswire.com with their article: “ABM Industries Announces Fourth Quarter and Full Year 2018 Financial Results – GlobeNewswire” published on December 18, 2018, Globenewswire.com published: “ABM Industries to Participate in Baird’s 2019 Global Consumer, Technology & Services Conference on June 6th – GlobeNewswire” on May 30, 2019. More interesting news about ABM Industries Incorporated (NYSE:ABM) were released by: Finance.Yahoo.com and their article: “Here’s What Hedge Funds Think About South State Corporation (SSB) – Yahoo Finance” published on June 25, 2019 as well as Finance.Yahoo.com‘s news article titled: “See what the IHS Markit Score report has to say about ABM Industries Inc. – Yahoo Finance” with publication date: May 30, 2019.

ABM Industries Incorporated (NYSE:ABM) Institutional Positions Chart

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