Lydall, Inc. (NYSE:LDL) CEO Dale G. Barnhart sold 12,685 shares of the stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $53.90, for a total transaction of $683,721.50. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Shares of Lydall, Inc. (NYSE:LDL) opened at $54.10 on Thursday. The company has a current ratio of 2.67, a quick ratio of 1.91 and a debt-to-equity ratio of 0.28. The stock has a market cap of $958.65, a P/E ratio of 20.82 and a beta of 1.67. Lydall, Inc. has a 52-week low of $45.45 and a 52-week high of $64.85.
Lydall (NYSE:LDL) last posted its quarterly earnings results on Tuesday, October 31st. The auto parts company reported $0.61 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.69 by ($0.08). The firm had revenue of $180.00 million for the quarter, compared to analyst estimates of $172.21 million. Lydall had a return on equity of 15.22% and a net margin of 6.00%. The company’s revenue for the quarter was up 15.6% on a year-over-year basis. analysts forecast that Lydall, Inc. will post 2.76 earnings per share for the current fiscal year.
Several hedge funds and other institutional investors have recently bought and sold shares of LDL. BlackRock Inc. boosted its position in shares of Lydall by 168,285.2% during the 1st quarter. BlackRock Inc. now owns 2,079,557 shares of the auto parts company’s stock worth $111,465,000 after acquiring an additional 2,078,322 shares in the last quarter. Westwood Holdings Group Inc. acquired a new stake in shares of Lydall during the 2nd quarter worth approximately $9,303,000. Chartwell Investment Partners LLC acquired a new stake in shares of Lydall during the 2nd quarter worth approximately $5,428,000. Kennedy Capital Management Inc. acquired a new stake in shares of Lydall during the 2nd quarter worth approximately $5,156,000. Finally, Royal Bank of Canada boosted its position in shares of Lydall by 6.7% during the 2nd quarter. Royal Bank of Canada now owns 989,335 shares of the auto parts company’s stock worth $51,149,000 after acquiring an additional 61,944 shares in the last quarter. Institutional investors and hedge funds own 89.39% of the company’s stock.
Lydall Company Profile
Lydall, Inc designs and manufactures specialty engineered filtration media, industrial thermal insulating solutions, automotive thermal and acoustical barriers for filtration/separation and thermal/acoustical applications. The Company’s segments are Performance Materials, Technical Nonwovens, Thermal/Acoustical Metals and Thermal/Acoustical Fibers.
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