Swiss National Bank Has $1.53 Million Stock Position in Aspen Aerogels, Inc. (NYSE:ASPN)

Swiss National Bank increased its position in Aspen Aerogels, Inc. (NYSE:ASPN) by 1.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 128,800 shares of the construction company’s stock after buying an additional 2,400 shares during the period. Swiss National Bank owned 0.16% of Aspen Aerogels worth $1,530,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Intech Investment Management LLC acquired a new stake in Aspen Aerogels in the third quarter valued at approximately $497,000. Charles Schwab Investment Management Inc. increased its stake in Aspen Aerogels by 204.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 509,430 shares of the construction company’s stock valued at $14,106,000 after purchasing an additional 342,253 shares in the last quarter. The Manufacturers Life Insurance Company increased its stake in Aspen Aerogels by 35.1% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 35,121 shares of the construction company’s stock valued at $972,000 after purchasing an additional 9,118 shares in the last quarter. FMR LLC raised its holdings in Aspen Aerogels by 23.6% during the third quarter. FMR LLC now owns 4,050,896 shares of the construction company’s stock worth $112,169,000 after buying an additional 773,647 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund lifted its stake in shares of Aspen Aerogels by 10.1% in the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 88,714 shares of the construction company’s stock valued at $2,456,000 after buying an additional 8,123 shares in the last quarter. 97.64% of the stock is owned by institutional investors.

Aspen Aerogels Price Performance

ASPN opened at $6.60 on Friday. Aspen Aerogels, Inc. has a fifty-two week low of $6.55 and a fifty-two week high of $33.15. The firm has a 50-day moving average of $9.04 and a 200 day moving average of $14.77. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.48 and a current ratio of 2.93. The firm has a market cap of $541.48 million, a P/E ratio of 41.22 and a beta of 2.28.

Aspen Aerogels (NYSE:ASPN) last released its earnings results on Wednesday, February 12th. The construction company reported $0.15 earnings per share for the quarter, beating analysts’ consensus estimates of $0.04 by $0.11. Aspen Aerogels had a net margin of 2.95% and a return on equity of 7.49%. On average, research analysts expect that Aspen Aerogels, Inc. will post 0.17 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. B. Riley decreased their target price on shares of Aspen Aerogels from $35.00 to $22.00 and set a “buy” rating for the company in a research report on Wednesday, February 19th. Barclays lowered their price objective on Aspen Aerogels from $25.00 to $13.00 and set an “overweight” rating for the company in a research note on Wednesday, February 19th. Canaccord Genuity Group cut their target price on Aspen Aerogels from $20.00 to $15.00 and set a “buy” rating on the stock in a research report on Friday, February 14th. Craig Hallum lowered their price target on Aspen Aerogels from $21.00 to $18.00 and set a “buy” rating for the company in a research report on Friday, February 14th. Finally, Seaport Res Ptn downgraded shares of Aspen Aerogels from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 12th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $19.11.

Aspen Aerogels Profile

Aspen Aerogels, Inc designs, develops, manufactures, and sells aerogel insulation products primarily for use in the energy infrastructure and sustainable insulation materials markets in the United States, Asia, Canada, Europe, and Latin America. It operates in two segments, Energy Industrial and Thermal Barrier.