Teachers Advisors LLC Takes $273,000 Position in Twin Disc, Incorporated (TWIN)

Teachers Advisors LLC acquired a new stake in Twin Disc, Incorporated (NASDAQ:TWIN) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 16,920 shares of the industrial products company’s stock, valued at approximately $273,000. Teachers Advisors LLC owned 0.15% of Twin Disc, at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Gamco Investors INC. ET AL lifted its stake in shares of Twin Disc, by 10.6% in the 2nd quarter. Gamco Investors INC. ET AL now owns 1,222,813 shares of the industrial products company’s stock valued at $19,736,000 after purchasing an additional 117,411 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Twin Disc, by 2.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 579,697 shares of the industrial products company’s stock valued at $11,924,000 after purchasing an additional 12,256 shares during the period. Vanguard Group Inc. lifted its stake in shares of Twin Disc, by 1.0% in the 1st quarter. Vanguard Group Inc. now owns 342,338 shares of the industrial products company’s stock valued at $7,042,000 after purchasing an additional 3,271 shares during the period. Skylands Capital LLC lifted its stake in shares of Twin Disc, by 28.6% in the 2nd quarter. Skylands Capital LLC now owns 90,026 shares of the industrial products company’s stock valued at $1,453,000 after purchasing an additional 20,026 shares during the period. Finally, Bank of New York Mellon Corp lifted its stake in shares of Twin Disc, by 54.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 68,968 shares of the industrial products company’s stock valued at $1,113,000 after purchasing an additional 24,201 shares during the period. 50.93% of the stock is currently owned by institutional investors.

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In other Twin Disc, news, Director David R. Zimmer sold 1,500 shares of the business’s stock in a transaction that occurred on Tuesday, November 7th. The stock was sold at an average price of $24.96, for a total transaction of $37,440.00. Following the completion of the sale, the director now directly owns 31,868 shares of the company’s stock, valued at approximately $795,425.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 27.50% of the company’s stock.

Shares of Twin Disc, Incorporated (NASDAQ:TWIN) opened at $25.00 on Monday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.42 and a current ratio of 3.12. The company has a market capitalization of $289.80, a P/E ratio of 1,250.00 and a beta of 1.60. Twin Disc, Incorporated has a twelve month low of $12.58 and a twelve month high of $25.94.

Twin Disc, (NASDAQ:TWIN) last issued its quarterly earnings data on Friday, October 27th. The industrial products company reported $0.29 EPS for the quarter. The firm had revenue of $45.06 million during the quarter, compared to analyst estimates of $45.90 million. Twin Disc, had a positive return on equity of 0.27% and a negative net margin of 0.12%. The company’s revenue for the quarter was up 25.7% on a year-over-year basis. During the same period in the previous year, the company posted ($0.24) EPS. sell-side analysts predict that Twin Disc, Incorporated will post 0.58 earnings per share for the current fiscal year.

A number of research analysts recently weighed in on the company. Zacks Investment Research raised Twin Disc, from a “sell” rating to a “hold” rating in a research note on Saturday, August 5th. TheStreet raised Twin Disc, from a “d+” rating to a “c-” rating in a research note on Monday, August 28th.

About Twin Disc,

Twin Disc, Incorporated designs, manufactures and sells marine and heavy duty off-highway power transmission equipment. The Company operates through two segments: manufacturing and distribution. Its products include marine transmissions, surface drives, propellers and boat management systems, as well as power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches and controls systems.

Institutional Ownership by Quarter for Twin Disc, (NASDAQ:TWIN)

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