Analysts are on the Bearish side about H&E Equipment Services, Inc. (NASDAQ:HEES) this week.

September 30, 2018 - By Mary Kidd

Investors sentiment decreased to 0.8 in Q2 2018. Its down 0.25, from 1.05 in 2018Q1. It turned negative, as 26 investors sold H&E Equipment Services, Inc. shares while 53 reduced holdings. 23 funds opened positions while 40 raised stakes. 26.46 million shares or 1.02% more from 26.19 million shares in 2018Q1 were reported.
Victory Cap holds 1.36 million shares or 0.11% of its portfolio. Fifth Third Bank holds 0% or 79 shares in its portfolio. Tygh Capital Management owns 2.08% invested in H&E Equipment Services, Inc. (NASDAQ:HEES) for 326,686 shares. Wells Fargo And Company Mn holds 101,898 shares. Strs Ohio reported 26,500 shares. Clearbridge Invests Lc stated it has 1.86 million shares or 0.06% of all its holdings. Utd Capital Advisers Ltd Liability owns 9,408 shares. Navellier Associates reported 0.11% stake. California Pub Employees Retirement Systems stated it has 81,836 shares. 36,781 were accumulated by Chicago Equity Prns Ltd Co. D E Shaw has invested 0% in H&E Equipment Services, Inc. (NASDAQ:HEES). Numerixs Invest Inc invested in 1,100 shares or 0.01% of the stock. Emerald Mutual Fund Advisers Trust holds 0.75% in H&E Equipment Services, Inc. (NASDAQ:HEES) or 550,917 shares. Cushing Asset Mgmt Limited Partnership invested 0.05% in H&E Equipment Services, Inc. (NASDAQ:HEES). Credit Suisse Ag reported 38,431 shares.

Since April 16, 2018, it had 0 insider buys, and 4 selling transactions for $3.90 million activity.

H&E Equipment Services, Inc. (NASDAQ:HEES) Ratings Coverage

Among 3 analysts covering H&E Equipment Services (NASDAQ:HEES), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. H&E Equipment Services had 3 analyst reports since April 27, 2018 according to SRatingsIntel. The rating was upgraded by UBS to “Neutral” on Wednesday, June 27. On Friday, July 27 the stock rating was maintained by Bank of America with “Buy”. Buckingham Research maintained H&E Equipment Services, Inc. (NASDAQ:HEES) on Friday, April 27 with “Buy” rating. Below is a list of H&E Equipment Services, Inc. (NASDAQ:HEES) latest ratings and price target changes.

27/07/2018 Broker: Bank of America Old Rating: Buy New Rating: Buy Old Target: $48 New Target: $46 Maintain
27/06/2018 Broker: UBS Old Rating: Sell New Rating: Neutral Old Target: $18 Upgrade
27/04/2018 Broker: Buckingham Research Rating: Buy New Target: $44.0000 Maintain

The stock increased 0.35% or $0.13 during the last trading session, reaching $37.78. About 169,359 shares traded. H&E Equipment Services, Inc. (NASDAQ:HEES) has risen 32.95% since September 30, 2017 and is uptrending. It has outperformed by 17.33% the S&P500.

H&E Equipment Services, Inc. operates as an integrated equipment services company. The company has market cap of $1.35 billion. The firm rents, sells, and provides parts and service support for hi-lift or aerial work platform equipment, cranes, earthmoving equipment, and industrial lift trucks. It has a 10.88 P/E ratio. It offers heavy construction and industrial equipment for rent on a daily, weekly, and monthly basis.

H&E Equipment Services, Inc. (NASDAQ:HEES) Institutional Positions Chart

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