Iowa State Bank Has Trimmed Ing Groep Nv Adr (ING) Position By $570,996; Alamo Group (ALG) Has 1.14 Sentiment

February 17, 2018 - By Richard Conner

Alamo Group Inc. designs, manufactures, and sells agricultural equipment and infrastructure maintenance equipment for governmental and industrial use worldwide. The company has market cap of $1.31 billion. It operates through three divisions: Agricultural, Industrial, and European. It has a 27.04 P/E ratio. The firm offers hydraulically-powered and tractor-mounted mowers, such as boom-mounted mowers; cutters and replacement parts for heavy-duty and intensive use applications; and heavy duty tractors-and truck-mounted mowing, and vegetation maintenance equipment and parts.

Iowa State Bank decreased Ing Groep Nv Adr (ING) stake by 23.86% reported in 2017Q3 SEC filing. Iowa State Bank sold 31,722 shares as Ing Groep Nv Adr (ING)’s stock rose 17.61%. The Iowa State Bank holds 101,203 shares with $1.86M value, down from 132,925 last quarter. Ing Groep Nv Adr now has $66.71 billion valuation. The stock decreased 0.70% or $0.13 during the last trading session, reaching $18.38. About 5.04 million shares traded or 50.77% up from the average. ING Groep N.V. (NYSE:ING) has risen 45.69% since February 17, 2017 and is uptrending. It has outperformed by 28.99% the S&P500.

Analysts await Alamo Group Inc. (NYSE:ALG) to report earnings on March, 6. They expect $0.98 earnings per share, up 20.99% or $0.17 from last year’s $0.81 per share. ALG’s profit will be $11.40M for 28.78 P/E if the $0.98 EPS becomes a reality. After $1.40 actual earnings per share reported by Alamo Group Inc. for the previous quarter, Wall Street now forecasts -30.00% negative EPS growth.

Longview Asset Management Llc holds 2.41% of its portfolio in Alamo Group Inc. for 1.70 million shares. Grace & White Inc Ny owns 65,128 shares or 1.45% of their US portfolio. Moreover, Hancock Holding Co has 0.62% invested in the company for 135,700 shares. The Minnesota-based Punch & Associates Investment Management Inc. has invested 0.53% in the stock. Harvest Capital Strategies Llc, a California-based fund reported 20,000 shares.

Since January 1, 0001, it had 0 insider purchases, and 2 sales for $426,206 activity.

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