Harbor Capital Advisors Inc. Has $10.45 Million Position in CSW Industrials, Inc. (NASDAQ:CSWI)

Harbor Capital Advisors Inc. lessened its holdings in shares of CSW Industrials, Inc. (NASDAQ:CSWI) by 24.9% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 29,617 shares of the basic materials company’s stock after selling 9,811 shares during the period. Harbor Capital Advisors Inc.’s holdings in CSW Industrials were worth $10,449,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in CSWI. Principal Financial Group Inc. grew its stake in shares of CSW Industrials by 13.9% during the second quarter. Principal Financial Group Inc. now owns 7,415 shares of the basic materials company’s stock worth $1,967,000 after purchasing an additional 907 shares during the period. Rhumbline Advisers raised its holdings in CSW Industrials by 4.5% in the second quarter. Rhumbline Advisers now owns 22,918 shares of the basic materials company’s stock worth $6,080,000 after purchasing an additional 992 shares during the period. Arizona State Retirement System boosted its position in shares of CSW Industrials by 1.8% during the second quarter. Arizona State Retirement System now owns 4,349 shares of the basic materials company’s stock worth $1,154,000 after purchasing an additional 75 shares in the last quarter. Los Angeles Capital Management LLC grew its holdings in shares of CSW Industrials by 97.3% in the 2nd quarter. Los Angeles Capital Management LLC now owns 4,563 shares of the basic materials company’s stock valued at $1,211,000 after buying an additional 2,250 shares during the period. Finally, Quest Partners LLC bought a new stake in shares of CSW Industrials in the 2nd quarter valued at $339,000. Institutional investors own 82.79% of the company’s stock.

CSW Industrials Stock Down 1.1 %

Shares of CSWI stock traded down $3.79 during trading on Friday, reaching $357.05. The company’s stock had a trading volume of 41,939 shares, compared to its average volume of 67,415. CSW Industrials, Inc. has a one year low of $203.83 and a one year high of $436.50. The business has a fifty day moving average price of $390.19 and a 200-day moving average price of $347.75. The company has a market cap of $6.00 billion, a price-to-earnings ratio of 48.51 and a beta of 0.85.

Analysts Set New Price Targets

A number of research firms have issued reports on CSWI. StockNews.com raised CSW Industrials from a “hold” rating to a “buy” rating in a research note on Friday, December 6th. The Goldman Sachs Group initiated coverage on CSW Industrials in a research note on Friday, December 6th. They set a “neutral” rating and a $450.00 target price for the company. Wells Fargo & Company reduced their price target on shares of CSW Industrials from $425.00 to $410.00 and set an “equal weight” rating for the company in a report on Tuesday, December 17th. Finally, Citigroup upgraded shares of CSW Industrials to a “hold” rating in a report on Wednesday, November 13th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $430.00.

Insider Buying and Selling at CSW Industrials

In other CSW Industrials news, CEO Joseph B. Armes sold 1,000 shares of the company’s stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $393.34, for a total transaction of $393,340.00. Following the sale, the chief executive officer now directly owns 51,698 shares of the company’s stock, valued at approximately $20,334,891.32. This represents a 1.90 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Don Sullivan sold 1,965 shares of the stock in a transaction on Monday, December 16th. The shares were sold at an average price of $387.15, for a total transaction of $760,749.75. Following the completion of the sale, the executive vice president now owns 30,804 shares of the company’s stock, valued at approximately $11,925,768.60. This represents a 6.00 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 6,581 shares of company stock worth $2,567,794. Insiders own 1.40% of the company’s stock.

CSW Industrials Company 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.