LSV Asset Management acquired a new stake in Taylor Devices, Inc. (NASDAQ:TAYD – Free Report) during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 2,400 shares of the industrial products company’s stock valued at approximately $119,000.
Additionally, Johnson Bixby & Associates LLC acquired a new position in Taylor Devices during the 1st quarter valued at approximately $373,000. Institutional investors own 17.62% of the company’s stock.
Upgrades and downgrades by analysts
StockNews.com separately upgraded its rating on shares of Taylor Devices from “buy” to “strong buy” in a research note on Tuesday, July 9.
Get our latest stock analysis on TAYD
Taylor Devices shares rise 1.7%
TAYD shares opened at $47.60 on Monday. The company’s 50-day moving average is $46.13 and its 200-day moving average is $41.52. Taylor Devices, Inc. has a 12-month low of $18.06 and a 12-month high of $61.69. The company has a market cap of $167.55 million, a price-to-earnings ratio of 19.12, and a beta of 1.03.
About Taylor Devices
(Free report)
Taylor Devices, Inc. is engaged in the design, development, manufacture and marketing of shock absorption, speed control and energy storage devices for use in machinery, equipment and structures in the United States, Asia and worldwide. Its products include earthquake dampers, designed to mitigate the effects of earthquakes on structures; Fluidicshoks, compact shock absorbers used primarily in the defense, aerospace and commercial industries; and crane and industrial buffers, which are larger versions of the Fluidicshoks for industrial use on cranes and crane trucks, truck docks, ladle and ingot cars, ore cars and rail car stops.
See also
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