How Analysts Feel About Installed Building Products, Inc. (NYSE:IBP)?

May 18, 2018 - By Graig Alexander

Installed Building Products, Inc. (NYSE:IBP) LogoInvestors sentiment decreased to 1.25 in Q4 2017. Its down 0.24, from 1.49 in 2017Q3. It worsened, as 14 investors sold Installed Building Products, Inc. shares while 51 reduced holdings. 27 funds opened positions while 54 raised stakes. 21.10 million shares or 2.85% more from 20.52 million shares in 2017Q3 were reported.
Royal Savings Bank Of Canada owns 2,490 shares for 0% of their portfolio. Keybank National Association Oh invested in 0% or 6,022 shares. Ftb reported 0% in Installed Building Products, Inc. (NYSE:IBP). Ameritas Invest Prns Inc holds 0.01% of its portfolio in Installed Building Products, Inc. (NYSE:IBP) for 1,894 shares. Moreover, Swiss Bancshares has 0% invested in Installed Building Products, Inc. (NYSE:IBP). Ameriprise Fincl Inc holds 0% of its portfolio in Installed Building Products, Inc. (NYSE:IBP) for 127,794 shares. Envestnet Asset Mgmt Inc holds 0% or 5,491 shares. Cap stated it has 683,000 shares. Nuveen Asset Mgmt Ltd Limited Liability Company invested in 0.01% or 16,518 shares. Geode Cap Mngmt Llc has 171,452 shares for 0% of their portfolio. Pembroke Management Ltd has 2.99% invested in Installed Building Products, Inc. (NYSE:IBP) for 383,000 shares. Century has invested 0.01% in Installed Building Products, Inc. (NYSE:IBP). Amer Grp Incorporated Inc reported 0% of its portfolio in Installed Building Products, Inc. (NYSE:IBP). Proshare Ltd Llc, Maryland-based fund reported 3,843 shares. Morgan Stanley accumulated 193,392 shares.

Since December 7, 2017, it had 0 insider buys, and 3 sales for $5.39 million activity. Elliott Jay P. also sold $220,500 worth of Installed Building Products, Inc. (NYSE:IBP) on Thursday, January 25.

Installed Building Products, Inc. (NYSE:IBP) Ratings Coverage

Among 8 analysts covering Installed Building Products (NYSE:IBP), 8 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Installed Building Products had 10 analyst reports since December 12, 2017 according to SRatingsIntel. The rating was maintained by Credit Suisse on Monday, January 22 with “Buy”. The rating was initiated by Jefferies on Tuesday, December 12 with “Hold”. On Thursday, March 1 the stock rating was maintained by Seaport Global with “Buy”. The firm has “Buy” rating by Jefferies given on Monday, April 23. On Tuesday, January 2 the stock rating was maintained by Seaport Global with “Buy”. The company was initiated on Tuesday, March 13 by Nomura. RBC Capital Markets maintained the stock with “Buy” rating in Thursday, March 1 report. The rating was maintained by Stephens on Thursday, March 1 with “Buy”. On Friday, February 16 the stock rating was upgraded by Zelman to “Buy”. Below is a list of Installed Building Products, Inc. (NYSE:IBP) latest ratings and price target changes.

23/04/2018 Broker: Jefferies Old Rating: Hold New Rating: Buy Old Target: $69 Upgrade
13/03/2018 Broker: Nomura Rating: Buy New Target: $77.0 Initiate
13/03/2018 Broker: Instinet Rating: Buy New Target: $77 Initiates Coverage On
01/03/2018 Broker: RBC Capital Markets Rating: Buy New Target: $71.0 Maintain
01/03/2018 Broker: Stephens Rating: Buy New Target: $71.0 Maintain
01/03/2018 Broker: Seaport Global Rating: Buy New Target: $80.0 Maintain
16/02/2018 Broker: Zelman Old Rating: Hold New Rating: Buy Upgrade
22/01/2018 Broker: Credit Suisse Rating: Buy New Target: $85.0 Maintain
02/01/2018 Broker: Seaport Global Rating: Buy New Target: $86.0 Maintain
12/12/2017 Broker: Jefferies Rating: Hold New Target: $69.0 Initiate

The stock increased 3.19% or $1.85 during the last trading session, reaching $59.85. About 190,088 shares traded. Installed Building Products, Inc. (NYSE:IBP) has risen 15.96% since May 18, 2017 and is uptrending. It has outperformed by 4.41% the S&P500.

Installed Building Products, Inc., together with its subsidiaries, engages in the installation of insulation, garage doors, rain gutters, shower doors, closet shelving and mirrors, and other products in the continental United States. The company has market cap of $1.89 billion. It offers a range of insulation materials, such as fiberglass insulation, spray foam insulation, and cellulose insulation materials. It has a 46.04 P/E ratio. The firm is also involved in the installation of insulation and sealant materials in various areas of a structure, which includes basement and crawl space, building envelope, attic, and acoustical.

More news for Installed Building Products, Inc. (NYSE:IBP) were recently published by: Seekingalpha.com, which released: “Installed Building’s (IBP) CEO Jeff Edwards on Q1 2018 Results – Earnings Call Transcript” on May 05, 2018. Globenewswire.com‘s article titled: “Recent Analysis Shows Triumph Group, Xenia Hotels & Resorts, Altra Industrial Motion, United States Cellular …” and published on April 27, 2018 is yet another important article.

Installed Building Products, Inc. (NYSE:IBP) Institutional Positions Chart

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