Institutional Investor Sentiment About Albany International Corp (NYSE:AIN) Up

Albany International Corp. (NYSE:AIN) Logo

Sentiment for Albany International Corp (NYSE:AIN)

Albany International Corp (NYSE:AIN) institutional sentiment increased to 1.26 in Q2 2018. Its up 0.18, from 1.08 in 2018Q1. The ratio is better, as 77 hedge funds increased and opened new equity positions, while 61 reduced and sold equity positions in Albany International Corp. The hedge funds in our partner’s database now have: 27.98 million shares, up from 27.11 million shares in 2018Q1. Also, the number of hedge funds holding Albany International Corp in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 11 Reduced: 50 Increased: 58 New Position: 19.

Albany International Corp. engages in textile and materials processing businesses worldwide. The company has market cap of $2.24 billion. The firm operates through Machine Clothing and Albany Engineered Composites (AEC) divisions. It has a 30.06 P/E ratio. The MC segment designs, makes, and markets paper machine clothing.

The stock increased 0.22% or $0.15 during the last trading session, reaching $69.4. About 120,053 shares traded. Albany International Corp. (NYSE:AIN) has risen 46.19% since December 7, 2017 and is uptrending. It has outperformed by 30.57% the S&P500.

Analysts await Albany International Corp. (NYSE:AIN) to report earnings on February, 4. They expect $0.63 earnings per share, up 46.51 % or $0.20 from last year’s $0.43 per share. AIN’s profit will be $20.33M for 27.54 P/E if the $0.63 EPS becomes a reality. After $0.85 actual earnings per share reported by Albany International Corp. for the previous quarter, Wall Street now forecasts -25.88 % negative EPS growth.

Pembroke Management Ltd holds 1.88% of its portfolio in Albany International Corp. for 304,989 shares. Aristotle Capital Boston Llc owns 207,305 shares or 0.99% of their US portfolio. Moreover, Eagle Boston Investment Management Inc has 0.97% invested in the company for 175,094 shares. The Alabama-based Mesirow Financial Investment Management has invested 0.95% in the stock. Nwq Investment Management Company Llc, a California-based fund reported 864,734 shares.

Since January 1, 0001, it had 0 insider buys, and 1 sale for $68,309 activity.

More notable recent Albany International Corp. (NYSE:AIN) news were published by: Fortune.com which released: “Term Sheet — Tuesday, December 4 – Fortune” on December 04, 2018, also Zacks.com with their article: “Albany International (AIN) Tops Q2 Earnings and Revenue Estimates – Zacks.com” published on August 06, 2018, Fool.com published: “MoviePass Has 500 Problems but a 1-for-500 Split Ain’t One – Motley Fool” on November 14, 2018. More interesting news about Albany International Corp. (NYSE:AIN) were released by: Seekingalpha.com and their article: “The Good And Bad News About VLO – Seeking Alpha” published on June 14, 2018 as well as Fool.com‘s news article titled: “Earningspalooza Hits Full Swing – Motley Fool” with publication date: November 07, 2018.

Albany International Corp. (NYSE:AIN) Institutional Positions Chart

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.