Terex Corporation (NYSE:TEX) Sellers Strengthened Their Shorts By 1.74%

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Big Money Sentiment increased to 1.13 in 2018 Q2. It has change of 0.28, from 2018Q1’s 0.85. The ratio is positive due to Terex Corporation positioning: 23 sold and 89 reduced. 52 funds acquired holdings and 74 increased holdings. Investors holded 72.57 million in 2018Q1 but now own 70.67 million shares or 2.61% less.
Connor Clark Lunn Mngmt Ltd accumulated 460,425 shs. Ajo Ltd Partnership has invested 0% of its capital in Terex Corporation (NYSE:TEX). Moreover, California State Teachers Retirement System has 0.01% invested in Terex Corporation (NYSE:TEX) for 114,850 shs. Citigroup Incorporated stated it has 0% of its capital in Terex Corporation (NYSE:TEX). Washington-based Fisher Asset Mgmt Limited Liability has invested 0.02% in Terex Corporation (NYSE:TEX). Greenwich Wealth Mgmt Limited Liability owns 61,377 shs. Washington Natl Bank, a Washington-based fund reported 2,000 shs. Sterling Management Ltd Llc accumulated 73,045 shs. Arizona State Retirement Sys reported 50,127 shs. Us Comml Bank De owns 0% invested in Terex Corporation (NYSE:TEX) for 3,507 shs. Mutual Of America Cap Mngmt Ltd Llc invested 0.04% in Terex Corporation (NYSE:TEX). South Dakota Investment Council holds 5,100 shs. Aperio Group Ltd Liability Company has invested 0.02% in Terex Corporation (NYSE:TEX). 7,291 are owned by Strs Ohio. Loomis Sayles And Lp has invested 0% in Terex Corporation (NYSE:TEX).

Terex Corporation had 8 insider sales and 9 insider purchases since May 22, 2018. This’s net activity of $3.05 million. $215 worth of Terex Corporation (NYSE:TEX) was bought by BARR KEVIN A on Friday, July 6. 12,502 shs valued at $505,081 were sold by COHEN ERIC I on Friday, June 22. FILIPOV STEVE sold $269,192 worth of Terex Corporation (NYSE:TEX) on Friday, August 31. Another trade for 16,214 shs valued at $669,476 was made by CHOLMONDELEY PAULA H on Friday, June 22. 502 Terex Corporation (NYSE:TEX) shs with value of $19,131 were bought by SHEEHAN JOHN D.

Change of 1.74% for Terex Corporation (NYSE:TEX)’s shorted shares was reported. It was published in November by FINRA the 9.76 million shorted shares on TEX. The 9.59M previous shares are up with 1.74%. With Average volume 884,700, TEX’s previous position will take 11 days to recover. 13.88% is Terex Corporation float short.

The stock decreased 4.37% or $1.39 during the last trading session, reaching $30.39.Terex Corporation has 2.27M shares volume, 71.53% up from normal. TEX is downtrending and has moved 8.08% since November 10, 2017. TEX underperformed the S&P 500 by 23.70%.

Terex Corporation manufactures and sells lifting and material processing products worldwide.The firm is worth $2.24 billion. The firm operates through three divisions: Aerial Work Platforms , Cranes, and Materials Processing (MP).18.07 is the P/E ratio. The AWP segment designs, makes, services, and markets aerial work platform equipment, telehandlers, and light towers, as well as related components and replacement parts under the Terex and Genie brand names.

Terex Corporation (NYSE:TEX) Ratings Coverage

In total 9 analysts cover Terex (NYSE:TEX). “Buy” rating has 2, “Sell” are 3, while 4 are “Hold”. (NYSE:TEX) has 22% bullish analysts. 13 are the (NYSE:TEX)’s ratings reports on Nov 10, 2018 according to StockzIntelligence Inc. The company rating was maintained by Bank of America on Wednesday, August 1. On Friday, November 2 the firm earned “Underperform” rating by Bank of America. On Tuesday, July 10 the stock of Terex Corporation (NYSE:TEX) has “Underperform” rating given by Robert W. Baird. On Friday, November 2 the company was maintained by Citigroup. On Thursday, June 21 the stock of Terex Corporation (NYSE:TEX) earned “Buy” rating by Jefferies. On Monday, August 20 Robert W. Baird upgraded Terex Corporation (NYSE:TEX) to “Neutral” rating. The company rating was maintained by Morgan Stanley on Monday, November 5. On Monday, November 5 the stock of Terex Corporation (NYSE:TEX) earned “Outperform” rating by Credit Suisse. On Monday, November 5 Deutsche Bank maintained Terex Corporation (NYSE:TEX) with “Sell” rating. On Wednesday, September 5 the firm earned “Sell” rating by Deutsche Bank.

Another two news for Terex Corporation (NYSE:TEX) were briefly brought out by: Seekingalpha.com on November 02, 2018 with title “Terex (TEX) Q3 2018 Results – Earnings Call Transcript”. The other Twst.com‘s article was titled “Terex Corporation: Terex Announces Third Quarter 2018 Results” and brought out on November 01, 2018.

Terex Corporation (NYSE:TEX) Institutional Investors Chart

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