Dimensional Fund Advisors LP raised its holdings in Ballantyne Strong Inc (NYSEAMERICAN:BTN) by 1.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,032,593 shares of the consumer goods maker’s stock after acquiring an additional 15,320 shares during the period. Dimensional Fund Advisors LP owned about 7.25% of Ballantyne Strong worth $6,918,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also bought and sold shares of the business. SG Capital Management LLC grew its stake in Ballantyne Strong by 1.3% in the second quarter. SG Capital Management LLC now owns 229,768 shares of the consumer goods maker’s stock valued at $1,539,000 after acquiring an additional 2,991 shares during the period. New York State Common Retirement Fund grew its stake in Ballantyne Strong by 1.5% in the second quarter. New York State Common Retirement Fund now owns 336,535 shares of the consumer goods maker’s stock valued at $2,255,000 after acquiring an additional 4,823 shares during the period. Prudential Financial Inc. acquired a new position in Ballantyne Strong in the second quarter valued at about $239,000. Vanguard Group Inc. grew its stake in Ballantyne Strong by 9.1% in the second quarter. Vanguard Group Inc. now owns 490,494 shares of the consumer goods maker’s stock valued at $3,286,000 after acquiring an additional 41,105 shares during the period. Finally, CWA Asset Management Group LLC grew its stake in Ballantyne Strong by 25.1% in the second quarter. CWA Asset Management Group LLC now owns 1,031,090 shares of the consumer goods maker’s stock valued at $6,908,000 after acquiring an additional 206,839 shares during the period.
In related news, Director Global Investors Fundamental bought 15,738 shares of the company’s stock in a transaction that occurred on Wednesday, August 30th. The shares were acquired at an average price of $6.41 per share, for a total transaction of $100,880.58. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders have purchased 50,541 shares of company stock worth $327,556 in the last quarter.
Ballantyne Strong (NYSEAMERICAN:BTN) last posted its quarterly earnings data on Monday, November 6th. The consumer goods maker reported ($0.07) earnings per share for the quarter. The firm had revenue of $12.81 million for the quarter. Ballantyne Strong had a negative return on equity of 17.27% and a negative net margin of 8.95%.
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Ballantyne Strong Company Profile
Ballantyne Strong, Inc is a holding company. The Company’s business activities focus on serving the cinema, retail, financial and government markets. The Company and its subsidiaries design, integrate and install technology solutions for a range of applications; develop and deliver out-of-home messaging, advertising and communications; manufacture projection screens, and provide managed services, including monitoring of networked equipment to its customers.
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