ArrowMark Colorado Holdings LLC Has $80.74 Million Stock Holdings in Curtiss-Wright Co. (NYSE:CW)

ArrowMark Colorado Holdings LLC lifted its holdings in shares of Curtiss-Wright Co. (NYSE:CW) by 4.7% in the 3rd quarter, HoldingsChannel reports. The fund owned 245,644 shares of the aerospace company’s stock after purchasing an additional 10,959 shares during the period. ArrowMark Colorado Holdings LLC’s holdings in Curtiss-Wright were worth $80,741,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in CW. Tidal Investments LLC bought a new position in Curtiss-Wright during the 1st quarter valued at $329,000. Cetera Investment Advisers grew its position in Curtiss-Wright by 204.9% in the 1st quarter. Cetera Investment Advisers now owns 12,437 shares of the aerospace company’s stock worth $3,183,000 after purchasing an additional 8,358 shares in the last quarter. Cetera Advisors LLC increased its stake in Curtiss-Wright by 178.7% in the 1st quarter. Cetera Advisors LLC now owns 3,974 shares of the aerospace company’s stock valued at $1,017,000 after buying an additional 2,548 shares during the last quarter. DekaBank Deutsche Girozentrale lifted its position in shares of Curtiss-Wright by 26.4% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 1,732 shares of the aerospace company’s stock worth $442,000 after buying an additional 362 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its stake in shares of Curtiss-Wright by 1,933.3% in the 1st quarter. EverSource Wealth Advisors LLC now owns 122 shares of the aerospace company’s stock worth $31,000 after buying an additional 116 shares during the last quarter. Institutional investors and hedge funds own 82.71% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on CW. Robert W. Baird increased their price target on Curtiss-Wright from $300.00 to $312.00 and gave the company an “outperform” rating in a research report on Friday, August 9th. Morgan Stanley lifted their target price on Curtiss-Wright from $334.00 to $395.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 5th. Stifel Nicolaus downgraded shares of Curtiss-Wright from a “buy” rating to a “hold” rating and set a $370.00 price objective for the company. in a report on Monday, November 18th. StockNews.com lowered shares of Curtiss-Wright from a “strong-buy” rating to a “buy” rating in a research report on Monday, September 23rd. Finally, Alembic Global Advisors started coverage on shares of Curtiss-Wright in a research note on Tuesday, October 29th. They set an “overweight” rating and a $412.00 price target for the company. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $364.40.

Curtiss-Wright Stock Performance

NYSE CW opened at $373.63 on Monday. The company’s 50 day moving average is $354.39 and its 200-day moving average is $310.45. The firm has a market cap of $14.18 billion, a P/E ratio of 35.35 and a beta of 1.17. Curtiss-Wright Co. has a 12-month low of $211.41 and a 12-month high of $393.40. The company has a quick ratio of 1.39, a current ratio of 1.98 and a debt-to-equity ratio of 0.39.

Curtiss-Wright Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 3rd. Stockholders of record on Friday, November 22nd will be issued a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.22%. The ex-dividend date of this dividend is Friday, November 22nd. Curtiss-Wright’s payout ratio is currently 7.95%.

Insider Activity at Curtiss-Wright

In related news, VP John C. Watts sold 412 shares of the company’s stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $359.55, for a total transaction of $148,134.60. Following the sale, the vice president now owns 4,183 shares of the company’s stock, valued at approximately $1,503,997.65. This represents a 8.97 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.67% of the stock is currently owned by corporate insiders.

Curtiss-Wright Company Profile

Curtiss-Wright Corporation, together with its subsidiaries, provides engineered products, solutions, and services mainly to aerospace and defense, commercial power, process, and industrial markets worldwide. It operates through three segments: Aerospace & Industrial, Defense Electronics, and Naval & Power.