Is there a Bearish outlook for HEICO Corporation (NYSE:HEI) this week?

July 27, 2018 - By Jason Dias

HEICO Corporation (NYSE:HEI) LogoInvestors sentiment increased to 4.43 in Q1 2018. Its up 3.26, from 1.17 in 2017Q4. It increased, as 22 investors sold HEICO Corporation shares while 22 reduced holdings. 47 funds opened positions while 148 raised stakes. 54.92 million shares or 150.71% more from 21.91 million shares in 2017Q4 were reported.
5,625 were reported by Utah Retirement Sys. Rhumbline Advisers has invested 0.01% in HEICO Corporation (NYSE:HEI). King Luther Capital Mgmt, Texas-based fund reported 9,005 shares. Citadel Advsr Limited Liability holds 18,132 shares. Fortaleza Asset Management invested in 1.26% or 2,390 shares. Navellier Assoc stated it has 57,430 shares. State Of Alaska Department Of Revenue holds 2,820 shares or 0.01% of its portfolio. Marsico Cap Limited Liability stated it has 0.05% of its portfolio in HEICO Corporation (NYSE:HEI). Company National Bank reported 4,579 shares stake. Congress Asset Mgmt Ma owns 81,564 shares. Nomura Hldg holds 0% or 4,795 shares. 122 are held by Shine Advisory Services. Concorde Asset Ltd Liability Company has 0.97% invested in HEICO Corporation (NYSE:HEI) for 9,116 shares. Aperio Limited Com owns 30,547 shares. Northern holds 0.01% or 235,740 shares.

Since April 2, 2018, it had 0 buys, and 6 sales for $11.28 million activity. SCHRIESHEIM ALAN sold $118,182 worth of stock or 1,663 shares. Another trade for 2,500 shares valued at $173,384 was made by Schwitter Frank J on Monday, April 2.

HEICO Corporation (NYSE:HEI) Ratings Coverage

Among 5 analysts covering HEICO Corp (NYSE:HEI), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. HEICO Corp has $100 highest and $84 lowest target. $90.80’s average target is 17.31% above currents $77.4 stock price. HEICO Corp had 6 analyst reports since February 14, 2018 according to SRatingsIntel. The rating was maintained by SunTrust with “Buy” on Wednesday, February 28. As per Wednesday, February 14, the company rating was maintained by Jefferies. As per Thursday, March 1, the company rating was maintained by Canaccord Genuity. The firm earned “Outperform” rating on Thursday, March 1 by Credit Suisse. Stephens maintained HEICO Corporation (NYSE:HEI) rating on Wednesday, February 28. Stephens has “Hold” rating and $88.0 target. As per Friday, June 29, the company rating was maintained by Canaccord Genuity. Below is a list of HEICO Corporation (NYSE:HEI) latest ratings and price target changes.

29/06/2018 Broker: Canaccord Genuity Old Rating: Buy New Rating: Buy Old Target: $105 New Target: $84 Maintain
28/02/2018 Broker: SunTrust Rating: Buy New Target: $95.0 Maintain
28/02/2018 Broker: Stephens Rating: Hold New Target: $88.0 Maintain
01/03/2018 Broker: Canaccord Genuity Old Rating: Buy New Rating: Buy Old Target: $88 New Target: $100 Maintain
01/03/2018 Broker: Credit Suisse Old Rating: Outperform New Rating: Outperform Old Target: $87.2 New Target: $97 Maintain
14/02/2018 Broker: Jefferies Rating: Buy New Target: $90.0 Maintain

The stock increased 1.63% or $1.24 during the last trading session, reaching $77.4. About 509,416 shares traded or 49.51% up from the average. HEICO Corporation (NYSE:HEI) has risen 55.38% since July 27, 2017 and is uptrending. It has outperformed by 42.81% the S&P500.

HEICO Corporation, through its subsidiaries, designs, makes, and sells aerospace, defense, and electronic related services and products in the United States and internationally. The company has market cap of $9.36 billion. The companyÂ’s Flight Support Group segment provides jet engine and aircraft component replacement parts; thermal insulation blankets and parts; renewable/reusable insulation systems; and specialty components for aerospace and industrial original equipment manufacturers, and the United States government. It has a 47.14 P/E ratio. This segment also distributes hydraulic, pneumatic, structural, mechanical, and electro-mechanical components for the commercial, regional, and general aviation markets; and offers repair and overhaul services for jet engine and aircraft component parts, avionics, instruments, composites, and flight surfaces of commercial airlines, as well as for avionics and navigation systems, subcomponents, and other instruments utilized on military aircrafts.

HEICO Corporation (NYSE:HEI) Institutional Positions Chart

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