Hennessy Capital Acquisition (NASDAQ:BLBD) was downgraded by equities researchers at BidaskClub from a “buy” rating to a “hold” rating in a research note issued on Tuesday.
BLBD has been the subject of several other reports. ValuEngine raised shares of Hennessy Capital Acquisition from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. Stifel Nicolaus downgraded shares of Hennessy Capital Acquisition from a “buy” rating to a “hold” rating and set a $23.00 price target for the company. in a research note on Friday, February 9th. They noted that the move was a valuation call. Finally, Roth Capital set a $26.00 price target on shares of Hennessy Capital Acquisition and gave the stock a “buy” rating in a research note on Thursday, February 8th.
Shares of Hennessy Capital Acquisition (NASDAQ:BLBD) opened at $23.60 on Tuesday. The company has a debt-to-equity ratio of -1.34, a current ratio of 1.11 and a quick ratio of 0.38. The firm has a market cap of $576.76, a price-to-earnings ratio of 35.22, a price-to-earnings-growth ratio of 1.01 and a beta of 1.37. Hennessy Capital Acquisition has a one year low of $15.66 and a one year high of $24.10.
A number of institutional investors have recently bought and sold shares of BLBD. New York State Common Retirement Fund lifted its stake in Hennessy Capital Acquisition by 128.2% in the second quarter. New York State Common Retirement Fund now owns 10,500 shares of the company’s stock worth $179,000 after purchasing an additional 5,899 shares during the last quarter. K2 Principal Fund L.P. bought a new position in shares of Hennessy Capital Acquisition during the third quarter valued at about $215,000. California State Teachers Retirement System raised its stake in shares of Hennessy Capital Acquisition by 18.4% during the second quarter. California State Teachers Retirement System now owns 12,876 shares of the company’s stock valued at $219,000 after acquiring an additional 2,000 shares during the last quarter. Teachers Advisors LLC raised its stake in shares of Hennessy Capital Acquisition by 76.5% during the second quarter. Teachers Advisors LLC now owns 12,958 shares of the company’s stock valued at $220,000 after acquiring an additional 5,616 shares during the last quarter. Finally, Citadel Advisors LLC bought a new position in shares of Hennessy Capital Acquisition during the third quarter valued at about $233,000. 96.25% of the stock is owned by institutional investors and hedge funds.
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Hennessy Capital Acquisition Company Profile
Blue Bird Corporation designs, engineers, manufactures, and sells school buses and aftermarket parts in the United States, Canada, and internationally. It offers Type C, Type D, and specialty buses, as well as Sigma, a bus for public transportation. The company sells its products through a network of dealers, as well as directly to fleet operators, the United States government, and state governments.
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