John Blystone Insider Buy
Because of the investment John Blystone made he is in the spotlight today. The director of Worthington Industries Inc and an insider, picked up 20,000 shares worth $522,000 USD. The average cost was $26.1 per share. John Blystone at present holds 0.12% of Worthington Industries Inc’s market capitalization with ownership of 79,786 shares.
Worthington Industries Inc Sentiment and Fundamentals
In case Worthington Industries Inc generates $2.30 for share as predicted by five expert security analysts, it will have 11.18 PE ratio.
Just in the last 25 days, Worthington Industries Inc’s share price have dropped by 0.86% and is in a downtrend. Taking in consideration John’s acquisition and our trend following system as shown below, we rate Worthington Industries Inc’s stock “neutral”.
Institutional Ownership
Recently released 13F public filings data show 182 institutional investors have shares in Worthington Industries Inc. In the last quarter, the firm had 51.35% institutional ownership. That is a high interest. They decreased by 479,495 the total shares they hold. As of that quarter these investment managers owned 32.52 million shares. There were 27 funds that created new positions and 57 funds that added to their positions. A total of 22 funds closed their positions in Worthington Industries Inc and 73 reduced their holdings.
>New Amsterdam Partners Llc Nyrid Systems, LLC. Its Engineered Cabs segment consists of the Worthington Industries Engineered Cabs business unit. Its Other segment includes the Construction Services and Worthington Energy Innovations (WEI) operating segments.
Company Website: Worthington Industries
Worthington Industries Inc was incorporated in Ohio on 1998-08-24. The firm has 10500 employees. Now its market capitalization is: $1.63 billion and it has 64.58 million shares outstanding. Now it has 51.70% shareholders and the institutional ownership stands at 51.70%. The stock closed at $25.66 yesterday and it had average 2 days volume of 180555 shares. It is up from the 30 days average shares volume of 103980. Worthington Industries Inc has a 52w low of $21.41 and a 52weeks high of $39.20. The current price is below the 200 days Simple moving average. Worthington Industries Inc last issued its quarterly earnings information on 09/23/2015. The company reported 0.54 EPS for the quarter, above the consensus estimate of 0.5 by 0.04. The company had a revenue of 846.02 million for 5/31/2015 and 804.79 million for 2/28/2015. Therefore, the revenue was 41.24 million up.
John Blystone is also Chief Executive Officer of Spx Corp.
