Northwest Pipe Co Institutional Investor Sentiment Worsened in Q1 2018

July 27, 2018 - By Pearl Odom

Northwest Pipe Company (NASDAQ:NWPX) Logo

Sentiment for Northwest Pipe Co (NASDAQ:NWPX)

Northwest Pipe Co (NASDAQ:NWPX) institutional sentiment decreased to 1.07 in 2018 Q1. Its down -0.63, from 1.7 in 2017Q4. The ratio fall, as 29 hedge funds increased or started new stock positions, while 27 trimmed and sold stock positions in Northwest Pipe Co. The hedge funds in our partner’s database reported: 7.20 million shares, up from 6.98 million shares in 2017Q4. Also, the number of hedge funds holding Northwest Pipe Co in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 4 Reduced: 23 Increased: 20 New Position: 9.

Northwest Pipe Company manufactures engineered steel pipe water systems in North America. The company has market cap of $187.87 million. The firm operates in two divisions, Water Transmission and Tubular Products. It currently has negative earnings. The Water Transmission segment primarily produces steel pipeline systems for use in drinking water infrastructure, including large diameter, high pressure, and engineered welded steel pipe products; and pipes for piling and hydroelectric projects, wastewater treatment plants, and other applications, as well as for industrial plant piping systems and certain structural applications.

The stock increased 0.78% or $0.15 during the last trading session, reaching $19.32. About 14,258 shares traded. Northwest Pipe Company (NASDAQ:NWPX) has risen 51.40% since July 27, 2017 and is uptrending. It has outperformed by 38.83% the S&P500.

Analysts await Northwest Pipe Company (NASDAQ:NWPX) to report earnings on August, 1. They expect $-0.20 EPS, up 9.09 % or $0.02 from last year’s $-0.22 per share. After $-0.18 actual EPS reported by Northwest Pipe Company for the previous quarter, Wall Street now forecasts 11.11 % negative EPS growth.

Venator Capital Management Ltd. holds 1.25% of its portfolio in Northwest Pipe Company for 86,519 shares. Eidelman Virant Capital owns 104,303 shares or 1.18% of their US portfolio. Moreover, Pacific Ridge Capital Partners Llc has 1.13% invested in the company for 244,256 shares. The California-based First Wilshire Securities Management Inc has invested 1.07% in the stock. Alphaone Investment Services Llc, a Pennsylvania-based fund reported 182,628 shares.

Northwest Pipe Company (NASDAQ:NWPX) Institutional Positions Chart

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