Amalgamated Bank acquired a new position in Crane NXT, Co. (NYSE:CXT – Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 37,265 shares of the company’s stock, valued at approximately $2,071,000. Amalgamated Bank owned about 0.07% of Crane NXT at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of the company. J.P. Morgan Private Wealth Advisors LLC acquired a new stake in Crane NXT in the 3rd quarter worth about $610,000. Avantax Advisory Services Inc. acquired a new stake in Crane NXT in the 3rd quarter worth about $215,000. Oppenheimer Asset Management Inc. acquired a new position in shares of Crane NXT during the 3rd quarter worth approximately $467,000. Keybank National Association OH acquired a new position in shares of Crane NXT during the 3rd quarter worth approximately $308,000. Finally, Cruiser Capital Advisors LLC acquired a new position in shares of Crane NXT during the 3rd quarter worth approximately $622,000. 75.11% of the stock is currently owned by institutional investors and hedge funds.
Crane NXT Price Performance
CXT stock opened at $60.11 on Tuesday. The business has a 50 day moving average price of $56.33 and a 200 day moving average price of $55.74. The stock has a market cap of $3.41 billion, a price-to-earnings ratio of 14.04 and a beta of 1.38. Crane NXT, Co. has a fifty-two week low of $36.37 and a fifty-two week high of $63.36. The company has a quick ratio of 1.47, a current ratio of 2.00 and a debt-to-equity ratio of 0.81.
Insiders Place Their Bets
Analyst Upgrades and Downgrades
Separately, DA Davidson boosted their target price on Crane NXT from $75.00 to $80.00 and gave the stock a “buy” rating in a report on Thursday, January 18th.
Crane NXT Profile
Crane NXT, Co operates as an industrial technology company that provides technology solutions to secure, detect, and authenticate customers' important assets. The company operates through Crane Payment Innovations and Crane Currency segments. The Crane Payment Innovations segment offers electronic equipment and associated software, as well as advanced automation solutions, processing systems, field service solutions, remote diagnostics, and productivity software solutions.
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