Is Installed Building Products Inc (NYSE:IBP)’s Fuel Running High? Reports Show Less Sellers

Installed Building Products, Inc. (NYSE:IBP) Logo

Investors sentiment increased to 1.86 in 2019 Q2. Its up 0.67, from 1.19 in 2019Q1. It improved, as 13 investors sold Installed Building Products, Inc. shares while 29 reduced holdings. 25 funds opened positions while 53 raised stakes. 20.71 million shares or 0.69% less from 20.85 million shares in 2019Q1 were reported.
Tci Wealth Advisors, Arizona-based fund reported 27 shares. Envestnet Asset Mngmt holds 0% of its portfolio in Installed Building Products, Inc. (NYSE:IBP) for 6,985 shares. Credit Suisse Ag reported 21,301 shares. Bamco New York stated it has 0.39% of its portfolio in Installed Building Products, Inc. (NYSE:IBP). Riverhead Cap Ltd Liability reported 1,634 shares or 0% of all its holdings. Voya Invest Mngmt Lc, a Georgia-based fund reported 8,979 shares. Budros Ruhlin Roe Incorporated accumulated 4,770 shares or 0.38% of the stock. Los Angeles And Equity Rech owns 28,905 shares. Victory Capital Mgmt invested 0% of its portfolio in Installed Building Products, Inc. (NYSE:IBP). Macquarie Group Ltd has 0.01% invested in Installed Building Products, Inc. (NYSE:IBP). Acadian Asset Mgmt Lc holds 0% or 4,695 shares in its portfolio. Oppenheimer & has invested 0.01% in Installed Building Products, Inc. (NYSE:IBP). Metropolitan Life Ins Ny invested in 7,373 shares. Gemmer Asset Mngmt Ltd Liability, California-based fund reported 113 shares. Aperio Llc owns 11,897 shares for 0% of their portfolio.

The stock of Installed Building Products Inc (NYSE:IBP) registered a decrease of 9.23% in short interest. IBP’s total short interest was 890,800 shares in September as published by FINRA. Its down 9.23% from 981,400 shares, reported previously. With 204,300 shares average volume, it will take short sellers 4 days to cover their IBP’s short positions. The short interest to Installed Building Products Inc’s float is 4.24%.

The stock increased 0.10% or $0.06 during the last trading session, reaching $58.52. About 105,350 shares traded. Installed Building Products, Inc. (NYSE:IBP) has declined 0.69% since September 13, 2018 and is downtrending. It has underperformed by 0.69% the S&P500.

Installed Building Products, Inc., together with its subsidiaries, engages in the installation of insulation, garage doors, rain gutters, shower doors, closet shelving and mirrors, and other products in the continental United States. The company has market cap of $1.76 billion. It offers a range of insulation materials, such as fiberglass insulation, spray foam insulation, and cellulose insulation materials. It has a 29.77 P/E ratio. The firm is also involved in the installation of insulation and sealant materials in various areas of a structure, which includes basement and crawl space, building envelope, attic, and acoustical.

Installed Building Products, Inc. (NYSE:IBP) Ratings Coverage

Among 2 analysts covering Installed Building Products (NYSE:IBP), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Installed Building Products has $5400 highest and $5200 lowest target. $53.33’s average target is -8.87% below currents $58.52 stock price. Installed Building Products had 5 analyst reports since March 28, 2019 according to SRatingsIntel. The firm has “Neutral” rating given on Friday, August 9 by Nomura. On Friday, August 9 the stock rating was maintained by SunTrust with “Hold”.

More notable recent Installed Building Products, Inc. (NYSE:IBP) news were published by: Seekingalpha.com which released: “Installed Building Products, Inc. 2019 Q1 – Results – Earnings Call Slides – Seeking Alpha” on May 02, 2019, also Businesswire.com with their article: “Installed Building Products Announces Acquisition of Expert Insulation, Inc. – Business Wire” published on June 24, 2019, Bizjournals.com published: “Installed Building Products says string of acquisitions is boosting bottom line – Columbus Business First” on February 28, 2019. More interesting news about Installed Building Products, Inc. (NYSE:IBP) were released by: Finance.Yahoo.com and their article: “What Can We Make Of Installed Building Products, Inc.’s (NYSE:IBP) High Return On Capital? – Yahoo Finance” published on June 06, 2019 as well as Bizjournals.com‘s news article titled: “Installed Building Products to expand downtown headquarters, add 52 jobs – Columbus Business First – Columbus Business First” with publication date: November 19, 2018.

Installed Building Products, Inc. (NYSE:IBP) Institutional Positions Chart

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