Barry Investment Advisors Has Cut At&T (T) Position By $583,590; Astec Industries (ASTE) Sellers Decreased By 10.42% Their Shorts

June 19, 2017 - By Adrian Erickson

Astec Industries Incorporated (NASDAQ:ASTE) had a decrease of 10.42% in short interest. ASTE’s SI was 198,500 shares in June as released by FINRA. Its down 10.42% from 221,600 shares previously. With 132,200 avg volume, 2 days are for Astec Industries Incorporated (NASDAQ:ASTE)’s short sellers to cover ASTE’s short positions. The SI to Astec Industries Incorporated’s float is 1.04%. About 3,767 shares traded. Astec Industries, Inc. (NASDAQ:ASTE) has risen 11.92% since June 19, 2016 and is uptrending. It has underperformed by 4.78% the S&P500.

Barry Investment Advisors Llc decreased At&T Inc (T) stake by 5.92% reported in 2016Q4 SEC filing. Barry Investment Advisors Llc sold 13,895 shares as At&T Inc (T)’s stock declined 7.81%. The Barry Investment Advisors Llc holds 220,771 shares with $9.39M value, down from 234,666 last quarter. At&T Inc now has $239.40 billion valuation. The stock declined 0.35% or $0.14 reaching $38.82 per share. About 2.66M shares traded. AT&T Inc. (NYSE:T) has declined 0.52% since June 19, 2016 and is downtrending. It has underperformed by 17.22% the S&P500.

Investors sentiment increased to 1.91 in Q4 2016. Its up 0.59, from 1.32 in 2016Q3. It improved, as 10 investors sold Astec Industries, Inc. shares while 47 reduced holdings. 44 funds opened positions while 65 raised stakes. 18.25 million shares or 1.96% more from 17.90 million shares in 2016Q3 were reported. D E Shaw And Incorporated has invested 0% in Astec Industries, Inc. (NASDAQ:ASTE). 47,574 were accumulated by Nicholas Invest Ptnrs Lp. Segall Bryant Hamill Llc has invested 0.31% in Astec Industries, Inc. (NASDAQ:ASTE). The Massachusetts-based Panagora Asset has invested 0.01% in Astec Industries, Inc. (NASDAQ:ASTE). The New York-based Jpmorgan Chase And has invested 0% in Astec Industries, Inc. (NASDAQ:ASTE). Blackrock Advisors Ltd Liability Corp invested in 10,072 shares or 0% of the stock. Highbridge Capital Management Ltd Com has invested 0% in Astec Industries, Inc. (NASDAQ:ASTE). Parametric Assoc Limited Liability Co owns 98,898 shares for 0.01% of their portfolio. Riverhead Capital Mngmt Limited Liability Company reported 500 shares. Principal Finance Gp Incorporated Inc holds 0.04% or 443,321 shares in its portfolio. Moreover, Thompson Siegel Walmsley Ltd Liability Company has 0% invested in Astec Industries, Inc. (NASDAQ:ASTE). Citigroup reported 0% of its portfolio in Astec Industries, Inc. (NASDAQ:ASTE). Us Bank De accumulated 19,171 shares. Morgan Dempsey Cap Management Ltd Liability Corporation stated it has 1.56% of its portfolio in Astec Industries, Inc. (NASDAQ:ASTE). Rhumbline Advisers owns 0.01% invested in Astec Industries, Inc. (NASDAQ:ASTE) for 29,503 shares.

Since February 28, 2017, it had 0 buys, and 1 insider sale for $313,850 activity. SMITH W NORMAN sold 5,000 shares worth $313,850.

Among 7 analysts covering Astec Industries (NASDAQ:ASTE), 4 have Buy rating, 1 Sell and 2 Hold. Therefore 57% are positive. Astec Industries had 10 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by Maxim Group on Tuesday, October 20 with “Buy”. Seaport Global downgraded the stock to “Neutral” rating in Wednesday, July 6 report. On Tuesday, December 20 the stock rating was initiated by Dougherty & Company with “Buy”. The rating was maintained by Maxim Group on Monday, May 16 with “Buy”. The firm earned “Accumulate” rating on Monday, September 28 by Global Hunter Securities. The firm has “Buy” rating by Stifel Nicolaus given on Monday, August 31. As per Tuesday, July 19, the company rating was downgraded by Robert W. Baird.

Astec Industries, Inc. designs, engineers, makes and markets equipment and components used primarily in road building and related construction activities. The company has market cap of $1.33 billion. The Company’s divisions include Infrastructure Group, Aggregate and Mining Group and Energy Group. It has a 25.62 P/E ratio. The Infrastructure Group segment is made up of five business units, including Astec, Inc., Roadtec, Inc., Carlson Paving Products, Inc., Astec Mobile Machinery GmbH and Astec Australia Pty Ltd.

Analysts await AT&T Inc. (NYSE:T) to report earnings on July, 20. They expect $0.74 earnings per share, up 2.78% or $0.02 from last year’s $0.72 per share. T’s profit will be $4.56 billion for 13.11 P/E if the $0.74 EPS becomes a reality. After $0.74 actual earnings per share reported by AT&T Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

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