Chicago Partners Investment Group LLC boosted its position in Chicago Bridge & Iron Company N.V. (NYSE:CBI) by 907.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,600 shares of the construction company’s stock after buying an additional 5,945 shares during the period. Chicago Partners Investment Group LLC’s holdings in Chicago Bridge & Iron Company N.V. were worth $130,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of CBI. Hanson & Doremus Investment Management increased its stake in Chicago Bridge & Iron Company N.V. by 14.8% in the second quarter. Hanson & Doremus Investment Management now owns 5,050 shares of the construction company’s stock worth $100,000 after buying an additional 650 shares in the last quarter. Clearbridge Investments LLC increased its stake in Chicago Bridge & Iron Company N.V. by 8.5% in the first quarter. Clearbridge Investments LLC now owns 3,820 shares of the construction company’s stock worth $117,000 after buying an additional 300 shares in the last quarter. Brick & Kyle Associates increased its stake in Chicago Bridge & Iron Company N.V. by 14.5% in the first quarter. Brick & Kyle Associates now owns 3,950 shares of the construction company’s stock worth $121,000 after buying an additional 500 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in Chicago Bridge & Iron Company N.V. by 136.7% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 5,231 shares of the construction company’s stock worth $160,000 after buying an additional 3,021 shares in the last quarter. Finally, Prospera Financial Services Inc purchased a new stake in Chicago Bridge & Iron Company N.V. during the second quarter worth approximately $184,000. Institutional investors own 67.19% of the company’s stock.

Shares of Chicago Bridge & Iron Company N.V. (CBI) opened at 16.25 on Tuesday. The stock’s market capitalization is $1.64 billion. Chicago Bridge & Iron Company N.V. has a one year low of $12.91 and a one year high of $36.56. The stock has a 50 day moving average price of $17.37 and a 200 day moving average price of $25.88.

Chicago Bridge & Iron Company N.V. (NYSE:CBI) last released its quarterly earnings results on Monday, May 8th. The construction company reported $0.24 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.95 by $0.71. The firm had revenue of $2.36 billion for the quarter, compared to analysts’ expectations of $2.42 billion. Chicago Bridge & Iron Company N.V. had a negative net margin of 3.81% and a positive return on equity of 17.98%. The firm’s quarterly revenue was down 11.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.01 EPS. Equities analysts forecast that Chicago Bridge & Iron Company N.V. will post $2.85 earnings per share for the current year.

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CBI has been the topic of a number of recent research reports. BidaskClub upgraded Chicago Bridge & Iron Company N.V. from a “strong sell” rating to a “sell” rating in a research report on Tuesday, June 27th. Credit Suisse Group set a $21.00 price objective on Chicago Bridge & Iron Company N.V. and gave the company a “buy” rating in a research report on Tuesday, July 4th. Deutsche Bank AG upped their price objective on Chicago Bridge & Iron Company N.V. from $35.00 to $38.00 and gave the company a “buy” rating in a research report on Monday, May 22nd. Goldman Sachs Group, Inc. (The) restated a “neutral” rating and set a $15.00 price objective (down from $33.00) on shares of Chicago Bridge & Iron Company N.V. in a research report on Monday, June 12th. Finally, Robert W. Baird upped their price objective on Chicago Bridge & Iron Company N.V. from $15.00 to $25.00 and gave the company a “neutral” rating in a research report on Wednesday, June 28th. Three research analysts have rated the stock with a sell rating, eight have given a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $28.86.

About Chicago Bridge & Iron Company N.V.

Chicago Bridge & Iron Company N.V. provides services to customers in energy infrastructure market. The Company provides services, such as conceptual design, technology, engineering, procurement, fabrication, modularization, construction, commissioning, maintenance, program management and environmental services.

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Institutional Ownership by Quarter for Chicago Bridge & Iron Company N.V. (NYSE:CBI)

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