Century Capital Management Has Cut Its Azz (AZZ) Holding; Ensign Energy Services (TSE:ESI) Covered By 2 Bulls

August 17, 2017 - By Richard Conner

Century Capital Management Llc decreased Azz Inc (AZZ) stake by 22.93% reported in 2016Q4 SEC filing. Century Capital Management Llc sold 7,471 shares as Azz Inc (AZZ)’s stock declined 7.57%. The Century Capital Management Llc holds 25,114 shares with $1.61 million value, down from 32,585 last quarter. Azz Inc now has $1.28B valuation. The stock decreased 0.50% or $0.25 during the last trading session, reaching $49.3. About shares traded. AZZ Inc (NYSE:AZZ) has declined 1.54% since August 17, 2016 and is downtrending. It has underperformed by 18.24% the S&P500.

Among 4 analysts covering Ensign Energy Services Inc. (TSE:ESI), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Ensign Energy Services Inc. had 30 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was maintained by Scotia Capital on Wednesday, November 9 with “Sector Perform”. The firm has “Outperform” rating by Altacorp given on Wednesday, October 14. The firm has “Market Perform” rating by FirstEnergy Capital given on Tuesday, November 10. The rating was maintained by Scotia Capital on Thursday, August 11 with “Sector Perform”. The firm earned “Neutral” rating on Tuesday, March 7 by IBC. The rating was maintained by RBC Capital Markets with “Outperform” on Thursday, March 30. TD Securities maintained it with “Hold” rating and $8 target in Thursday, August 11 report. The firm has “Hold” rating by TD Securities given on Wednesday, November 9. See Ensign Energy Services Inc (TSE:ESI) latest ratings:

09/05/2017 Broker: IBC Rating: Old Target: $12.50 New Target: $10.50 Target Down
30/03/2017 Broker: RBC Capital Markets Rating: Outperform New Target: $10.00 Maintain
07/03/2017 Broker: IBC Rating: Neutral New Target: $12.50 Maintain

Ensign Energy Services Inc. is a Canada firm engaged in the business of providing oilfield services to the gas and oil industry in Canada, the United States and internationally. The company has market cap of $1.02 billion. The Company’s oilfield services include drilling and well servicing, oil sands coring, directional services, underbalanced and managed pressure drilling, equipment rentals, wireline services and production testing/fracturing fluid services. It currently has negative earnings. The Company’s Canadian activities span over four western provinces of British Columbia, Alberta, Saskatchewan and Manitoba and include the Northwest Territories and the Yukon.

The stock increased 1.40% or $0.09 on August 16, reaching $6.51. About 174,728 shares traded. Ensign Energy Services Inc (TSE:ESI) has 0.00% since August 17, 2016 and is . It has underperformed by 16.70% the S&P500.

Among 3 analysts covering AZZ (NYSE:AZZ), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. AZZ had 7 analyst reports since September 1, 2015 according to SRatingsIntel. The stock has “Hold” rating by Stifel Nicolaus on Monday, March 28. The rating was upgraded by Stifel Nicolaus on Tuesday, January 10 to “Hold”. The firm has “Hold” rating by BB&T Capital given on Monday, January 11. The stock of AZZ Inc (NYSE:AZZ) earned “Neutral” rating by Sidoti on Monday, October 12. Zacks downgraded the shares of AZZ in report on Tuesday, September 1 to “Buy” rating. Stifel Nicolaus downgraded it to “Sell” rating and $57 target in Thursday, December 8 report. The firm has “Hold” rating by Stifel Nicolaus given on Friday, July 7.

Since May 1, 2017, it had 0 insider purchases, and 3 insider sales for $391,552 activity. Pendley Timothy E also sold $148,150 worth of AZZ Inc (NYSE:AZZ) shares. Shares for $8,097 were sold by DOWNEY H KIRK.

Investors sentiment increased to 1.05 in 2016 Q4. Its up 0.02, from 1.03 in 2016Q3. It increased, as 23 investors sold AZZ shares while 55 reduced holdings. 22 funds opened positions while 60 raised stakes. 22.43 million shares or 0.04% less from 22.44 million shares in 2016Q3 were reported. Quantbot Techs LP invested in 486 shares or 0% of the stock. 1,901 are held by Sg Americas Securities Ltd Liability Corp. Arizona State Retirement System stated it has 13,416 shares. Great West Life Assurance Can reported 34,251 shares. 20,000 were accumulated by Teton Advsr. Alps Advisors, Colorado-based fund reported 6,653 shares. Evercore Wealth Management Ltd Llc invested in 0% or 700 shares. Schwab Charles Investment Management Inc reported 0.01% in AZZ Inc (NYSE:AZZ). Mutual Of America Cap Mngmt Ltd reported 0.35% stake. Swiss Bank & Trust owns 42,600 shares or 0% of their US portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) reported 0% stake. Northern Corp has 350,286 shares. 138,343 were accumulated by Philadelphia Tru. Panagora Asset reported 116,246 shares or 0.03% of all its holdings. Blair William And Il owns 6,235 shares or 0% of their US portfolio.

Analysts await AZZ Inc (NYSE:AZZ) to report earnings on October, 4. They expect $0.56 EPS, up 1.82% or $0.01 from last year’s $0.55 per share. AZZ’s profit will be $14.54 million for 22.01 P/E if the $0.56 EPS becomes a reality. After $0.51 actual EPS reported by AZZ Inc for the previous quarter, Wall Street now forecasts 9.80% EPS growth.

Century Capital Management Llc increased Qts Realty Trust Inc (NYSE:QTS) stake by 8,590 shares to 102,802 valued at $5.10M in 2016Q4. It also upped Bmc Stock Holdings Inc stake by 81,088 shares and now owns 144,362 shares. Tech Data Corp (NASDAQ:TECD) was raised too.