Institutional Investors Are Dumping Aerogen Inc (NASDAQ:AEGN)

Aegion Corporation (NASDAQ:AEGN) Logo

Sentiment for Aerogen Inc (NASDAQ:AEGN)

Aerogen Inc (NASDAQ:AEGN) institutional sentiment decreased to 0.91 in Q4 2018. Its down -0.02, from 0.93 in 2018Q3. The ratio has dropped, as 58 investment managers opened new or increased equity positions, while 64 sold and decreased holdings in Aerogen Inc. The investment managers in our partner’s database now have: 30.30 million shares, up from 30.05 million shares in 2018Q3. Also, the number of investment managers holding Aerogen Inc in their top 10 equity positions decreased from 1 to 0 for a decrease of 1. Sold All: 22 Reduced: 42 Increased: 41 New Position: 17.

Aegion Corporation provides technologies to maintain, rehabilitate, and strengthen infrastructure worldwide. The company has market cap of $491.14 million. It operates through three divisions: Infrastructure Solutions, Corrosion Protection, and Energy Services. It has a 652.92 P/E ratio. The firm offers various solutions for rehabilitating and maintaining aging or deteriorating infrastructure; protecting new infrastructure from corrosion; and providing integrated professional services in engineering, procurement, construction, maintenance, and turnaround services for oil companies.

The stock decreased 1.45% or $0.23 during the last trading session, reaching $15.67. About 156,541 shares traded. Aegion Corporation (NASDAQ:AEGN) has declined 20.44% since May 17, 2018 and is downtrending. It has underperformed by 24.81% the S&P500.

Analysts await Aegion Corporation (NASDAQ:AEGN) to report earnings on August, 7. They expect $0.30 earnings per share, down 11.76 % or $0.04 from last year’s $0.34 per share. AEGN’s profit will be $9.40M for 13.06 P/E if the $0.30 EPS becomes a reality. After $0.06 actual earnings per share reported by Aegion Corporation for the previous quarter, Wall Street now forecasts 400.00 % EPS growth.

First Wilshire Securities Management Inc holds 2.08% of its portfolio in Aegion Corporation for 338,427 shares. Southernsun Asset Management Llc owns 1.47 million shares or 1.75% of their US portfolio. Moreover, Thompson Rubinstein Investment Management Inc Or has 1.34% invested in the company for 222,908 shares. The Minnesota-based Foundry Partners Llc has invested 0.44% in the stock. Nuveen Asset Management Llc, a Illinois-based fund reported 1.46 million shares.

Aegion Corporation (NASDAQ:AEGN) Ratings Coverage

Ratings analysis reveals 0 of Aegion’s analysts are positive. Out of 2 Wall Street analysts rating Aegion, 0 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $17 while the high is $20. The stock’s average target of $18.50 is 18.06% above today’s ($15.67) share price. AEGN was included in 6 notes of analysts from January 8, 2019. Maxim Group maintained the shares of AEGN in report on Thursday, February 28 with “Hold” rating. Canaccord Genuity maintained it with “Hold” rating and $20 target in Thursday, February 28 report.

More notable recent Aegion Corporation (NASDAQ:AEGN) news were published by: Nasdaq.com which released: “KBR’s KBRwyle Business Nabs $133 Million Defense Contract – Nasdaq” on July 10, 2018, also Gurufocus.com with their article: “May 03, 2019 – California Public Employees Retirement System Buys The Walt Disney Co, NextEra Energy Inc, Dominion Energy Inc, Sells Athene Holding, Mastercard Inc, Raytheon Co – GuruFocus.com” published on May 03, 2019, Seekingalpha.com published: “Aegion: Bottom Is In, 28% Upside By Year-End 2019 – Seeking Alpha” on January 05, 2018. More interesting news about Aegion Corporation (NASDAQ:AEGN) were released by: Nasdaq.com and their article: “Aegion (AEGN) Q1 Earnings & Revenues Lag Estimates, Down Y/Y – Nasdaq” published on May 02, 2019 as well as Finance.Yahoo.com‘s news article titled: “Aegion Corp. to Host Earnings Call – Yahoo Finance” with publication date: May 02, 2019.

Aegion Corporation (NASDAQ:AEGN) Ratings Chart

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