Terex Co. (NYSE:TEX) Shares Bought by Capital Fund Management S.A.

Capital Fund Management S.A. lifted its position in Terex Co. (NYSE:TEX - Free Report) by 28.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 63,788 shares of the industrial products company's stock after purchasing an additional 14,209 shares during the period. Capital Fund Management S.A. owned about 0.10% of Terex worth $2,948,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in TEX. Jones Financial Companies Lllp acquired a new stake in shares of Terex during the 4th quarter valued at about $31,000. Smartleaf Asset Management LLC increased its position in shares of Terex by 46.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 704 shares of the industrial products company's stock valued at $32,000 after buying an additional 222 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of Terex during the 3rd quarter worth approximately $40,000. VisionPoint Advisory Group LLC acquired a new stake in Terex in the 4th quarter valued at $51,000. Finally, Blue Trust Inc. increased its holdings in Terex by 26.8% in the 4th quarter. Blue Trust Inc. now owns 1,229 shares of the industrial products company's stock worth $57,000 after acquiring an additional 260 shares in the last quarter. Institutional investors and hedge funds own 92.88% of the company's stock.

Terex Trading Up 1.2 %

Shares of NYSE:TEX traded up $0.41 during midday trading on Friday, reaching $34.50. 666,208 shares of the company's stock were exchanged, compared to its average volume of 904,287. The stock has a market cap of $2.29 billion, a price-to-earnings ratio of 6.96, a P/E/G ratio of 4.53 and a beta of 1.40. Terex Co. has a fifty-two week low of $31.53 and a fifty-two week high of $68.08. The firm's 50 day simple moving average is $39.31 and its two-hundred day simple moving average is $46.48. The company has a debt-to-equity ratio of 1.41, a current ratio of 2.16 and a quick ratio of 1.09.

Terex (NYSE:TEX - Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The industrial products company reported $0.77 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.76 by $0.01. Terex had a net margin of 6.54% and a return on equity of 21.99%. During the same period in the prior year, the business posted $1.88 EPS. As a group, sell-side analysts forecast that Terex Co. will post 4.83 EPS for the current fiscal year.

Terex Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Friday, March 7th were issued a $0.17 dividend. The ex-dividend date was Friday, March 7th. This represents a $0.68 annualized dividend and a dividend yield of 1.97%. Terex's dividend payout ratio is presently 13.71%.

Insider Buying and Selling

In other Terex news, Director Andra Rush purchased 1,325 shares of the company's stock in a transaction on Tuesday, March 4th. The stock was acquired at an average price of $36.96 per share, for a total transaction of $48,972.00. Following the completion of the purchase, the director now directly owns 23,308 shares in the company, valued at approximately $861,463.68. The trade was a 6.03 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.90% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on TEX. StockNews.com lowered shares of Terex from a "hold" rating to a "sell" rating in a research report on Friday, February 7th. Morgan Stanley reduced their target price on Terex from $43.00 to $30.00 and set an "equal weight" rating for the company in a report on Wednesday. JPMorgan Chase & Co. dropped their price target on Terex from $48.00 to $38.00 and set a "neutral" rating for the company in a research report on Monday, April 14th. Barclays decreased their price objective on Terex from $60.00 to $52.00 and set an "equal weight" rating on the stock in a report on Monday, February 10th. Finally, The Goldman Sachs Group reduced their target price on shares of Terex from $60.00 to $52.00 and set a "neutral" rating for the company in a research report on Wednesday, March 19th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $45.60.

About Terex

Terex Corporation manufactures and sells aerial work platforms and materials processing machinery worldwide. It operates in two segments, Materials Processing (MP) and Aerial Work Platforms (AWP). The MP segment designs, manufactures, services, and markets materials processing and specialty equipment, includes crushers, washing systems, screens, trommels, apron feeders, material handlers, pick and carry cranes, rough terrain cranes, tower cranes, wood processing, biomass and recycling equipment, concrete mixer trucks and concrete pavers, conveyors, and related components and replacement parts under the Terex, Powerscreen, Fuchs, EvoQuip, Canica, Cedarapids, CBI, Simplicity, Franna, Terex Ecotec, Finlay, ProAll, ZenRobotics, Terex Washing Systems, Terex MPS, Terex Jaques, Terex Advance, ProStack, Terex Bid-Well, MDS, and Terex Recycling Systems brands.