Teachers Retirement System of The State of Kentucky continued to hold its stake in shares of Aegion Corp (NASDAQ:AEGN) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,922 shares of the construction company’s stock at the end of the first quarter. Teachers Retirement System of The State of Kentucky’s holdings in Aegion Corp were worth $227,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of AEGN. Daiwa Securities Group Inc. purchased a new stake in shares of Aegion Corp during the first quarter valued at about $1,074,000. American Century Companies Inc. increased its stake in shares of Aegion Corp by 30.4% in the first quarter. American Century Companies Inc. now owns 120,788 shares of the construction company’s stock valued at $2,767,000 after buying an additional 28,140 shares during the period. Algert Global LLC increased its stake in shares of Aegion Corp by 4.6% in the first quarter. Algert Global LLC now owns 12,762 shares of the construction company’s stock valued at $292,000 after buying an additional 565 shares during the period. Great West Life Assurance Co. Can increased its stake in shares of Aegion Corp by 4.0% in the first quarter. Great West Life Assurance Co. Can now owns 48,236 shares of the construction company’s stock valued at $1,105,000 after buying an additional 1,839 shares during the period. Finally, Tocqueville Asset Management L.P. increased its stake in shares of Aegion Corp by 23.3% in the first quarter. Tocqueville Asset Management L.P. now owns 367,025 shares of the construction company’s stock valued at $8,409,000 after buying an additional 69,475 shares during the period. 88.00% of the stock is owned by institutional investors.

Aegion Corp (NASDAQ:AEGN) traded up 0.54% during trading on Friday, hitting $20.42. The stock had a trading volume of 261,045 shares. Aegion Corp has a 52 week low of $17.18 and a 52 week high of $26.68. The company’s 50-day moving average is $22.25 and its 200 day moving average is $22.02. The firm has a market cap of $644.21 million, a PE ratio of 15.07 and a beta of 1.67.

Aegion Corp (NASDAQ:AEGN) last issued its quarterly earnings results on Tuesday, August 1st. The construction company reported $0.33 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.41 by $0.08. The business had revenue of $354.47 million during the quarter, compared to the consensus estimate of $351.51 million. Aegion Corp had a return on equity of 7.52% and a net margin of 3.57%. The business’s quarterly revenue was up 18.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.23 earnings per share. Equities analysts expect that Aegion Corp will post $1.19 EPS for the current fiscal year.

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Several brokerages have issued reports on AEGN. BidaskClub raised shares of Aegion Corp from a “hold” rating to a “buy” rating in a research report on Wednesday, August 2nd. Sidoti downgraded shares of Aegion Corp from a “buy” rating to a “neutral” rating in a research report on Wednesday, August 2nd. Canaccord Genuity reiterated a “buy” rating and set a $30.00 target price on shares of Aegion Corp in a research note on Friday, April 21st. Hilliard Lyons cut Aegion Corp from a “buy” rating to a “neutral” rating in a research note on Monday, May 1st. Finally, Stifel Nicolaus reiterated a “hold” rating and set a $23.50 target price on shares of Aegion Corp in a research note on Friday, July 7th. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Aegion Corp has an average rating of “Hold” and a consensus price target of $23.17.

About Aegion Corp

Aegion Corporation (Aegion) is engaged in providing infrastructure protection and maintenance. The Company operates through three segments: Infrastructure Solutions, Corrosion Protection and Energy Services. The Company offers service solutions, including rehabilitation of water and wastewater pipelines with Insituform cured-in-place pipe (CIPP) products; fusible polyvinyl chloride products for rehabilitation; fiber reinforced polymer systems for rehabilitation and strengthening; cathodic protection for corrosion engineering control and infrastructure rehabilitation; pipe coatings for corrosion control and prevention; high density polyethylene (HDPE) pipe lining for corrosion control, abrasion protection and pipeline rehabilitation, and construction and maintenance of oil and gas facilities.

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Institutional Ownership by Quarter for Aegion Corp (NASDAQ:AEGN)

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