蒙特利尔银行可以向马尼托瓦克公司（纽约证券交易所代码：MTW）投资391万美元

Bank of Montreal Can purchased a new position in shares of The Manitowoc Company, Inc. (NYSE:MTW – Get Rating) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 427,916 shares of the industrial products company's stock, valued at approximately $3,907,000. Bank of Montreal Can owned 1.22% of Manitowoc as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently modified their holdings of the business. Lazard Asset Management LLC bought a new position in Manitowoc during the second quarter worth $32,000. SeaCrest Wealth Management LLC bought a new position in Manitowoc during the second quarter worth $43,000. UBS Group AG raised its stake in Manitowoc by 165.6% during the third quarter. UBS Group AG now owns 5,928 shares of the industrial products company's stock worth $46,000 after buying an additional 3,696 shares during the last quarter. US Bancorp DE raised its stake in Manitowoc by 43.6% during the first quarter. US Bancorp DE now owns 3,775 shares of the industrial products company's stock worth $57,000 after buying an additional 1,146 shares during the last quarter. Finally, Prelude Capital Management LLC bought a new position in Manitowoc during the second quarter worth $110,000. Institutional investors and hedge funds own 74.27% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on MTW. The Goldman Sachs Group lifted their target price on shares of Manitowoc from $11.50 to $13.00 and gave the stock a "neutral" rating in a research note on Wednesday. Credit Suisse Group decreased their price target on shares of Manitowoc from $12.00 to $10.00 and set a "neutral" rating for the company in a research note on Wednesday, November 9th. William Blair reaffirmed a "market perform" rating on shares of Manitowoc in a research note on Tuesday, November 8th. Robert W. Baird lifted their price target on shares of Manitowoc from $15.00 to $17.00 and gave the company a "neutral" rating in a research note on Tuesday. Finally, Stifel Nicolaus lifted their price target on shares of Manitowoc from $12.00 to $13.00 and gave the company a "hold" rating in a research note on Monday, December 19th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat, Manitowoc presently has an average rating of "Hold" and a consensus target price of $12.75.

Manitowoc Stock Up 2.0 %

Shares of NYSE MTW opened at $18.10 on Friday. The stock has a market capitalization of $636.85 million, a P/E ratio of -5.14 and a beta of 2.20. The company has a 50-day moving average price of $12.28 and a 200-day moving average price of $10.35. The Manitowoc Company, Inc. has a 1 year low of $7.53 and a 1 year high of $18.41. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.82 and a quick ratio of 0.56.

Manitowoc (NYSE:MTW – Get Rating) last issued its quarterly earnings data on Tuesday, February 21st. The industrial products company reported $0.74 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.23 by $0.51. Manitowoc had a negative net margin of 6.08% and a positive return on equity of 5.83%. The firm had revenue of $621.60 million during the quarter, compared to analysts' expectations of $562.36 million. During the same period last year, the company earned $0.27 earnings per share. On average, equities research analysts forecast that The Manitowoc Company, Inc. will post 0.55 EPS for the current fiscal year.

About Manitowoc

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The Manitowoc Co, Inc provides engineered lifting solutions. The firm designs, manufactures, markets and supports product lines of mobile telescopic cranes, tower cranes, lattice-boom crawler cranes, boom trucks and industrial cranes under the Grove, Potain, Manitowoc, National Crane, Shuttlelift and Manitowoc Crane Care brand names.

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