CECO Environmental Corp. (NASDAQ:CECE) is expected to pay $0.07 on Sep 30, 2016. The indicated annual dividend is $0.26. Shareholders owning the stock before Sep 14, 2016 will be eligible to receive the payout. Based on CECO Environmental Corp.’s current price of $10.59, the dividend is 0.62%. This dividend’s record date is Sep 16, 2016 and the announcement date is Aug 10, 2016. About 27,326 shares traded hands. CECO Environmental Corp. (NASDAQ:CECE) has risen 50.49% since February 8, 2016 and is uptrending. It has outperformed by 34.00% the S&P500.
CECO Environmental Corp. is a provider of engineered technologies to the environmental, energy, and fluid handling and filtration industrial divisions. The company has a market cap of $364.68 million. The Firm focuses on engineering, designing, building and installing systems that capture, clean and destroy airborne contaminants from industrial facilities, as well as equipment that controls emissions from such facilities, and fluid handling and filtration systems. It currently has negative earnings. It operates through three divisions: Environmental, which produces various types of product recovery and air pollution control technologies; Energy, which produces customized solutions for the power and petrochemical industry, and Fluid Handling and Filtration, which produces pump, filtration and fume exhaust solutions.
The institutional sentiment decreased to 1.08 in 2016 Q2. Its down 0.76, from 1.84 in 2016Q1. The ratio worsened, as 14 funds sold all CECO Environmental Corp. shares owned while 26 reduced positions. 12 funds bought stakes while 31 increased positions. They now own 16.83 million shares or 0.72% less from 16.95 million shares in 2016Q1.
Trigran Investments Inc. holds 4.2% of its portfolio in CECO Environmental Corp. for 1.83 million shares. Minerva Advisors Llc owns 211,211 shares or 1.25% of their US portfolio. Moreover, Wall Street Access Asset Management Llc has 0.92% invested in the company for 172,699 shares. The Minnesota-based Punch & Associates Investment Management Inc. has invested 0.86% in the stock. Rutabaga Capital Management Llc Ma, a Massachusetts-based fund reported 500,106 shares.
Out of 4 analysts covering CECO Environmental Corp (NASDAQ:CECE), 3 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 75% are positive. CECO Environmental Corp has been the topic of 4 analyst reports since January 21, 2016 according to StockzIntelligence Inc. Drexel Hamilton downgraded the stock on March 11 to “Buy” rating.
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