Isthmus Partners LLC Raises Holdings in Lydall, Inc. (NYSE:LDL)

Isthmus Partners LLC boosted its stake in shares of Lydall, Inc. (NYSE:LDL) by 107.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 50,243 shares of the auto parts company’s stock after purchasing an additional 26,019 shares during the quarter. Isthmus Partners LLC’s holdings in Lydall were worth $3,041,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of LDL. Captrust Financial Advisors increased its holdings in Lydall by 5,630.0% during the 1st quarter. Captrust Financial Advisors now owns 1,719 shares of the auto parts company’s stock worth $58,000 after purchasing an additional 1,689 shares during the period. Mutual of America Capital Management LLC boosted its position in shares of Lydall by 7.4% during the 2nd quarter. Mutual of America Capital Management LLC now owns 2,434 shares of the auto parts company’s stock worth $147,000 after acquiring an additional 168 shares in the last quarter. Mint Tower Capital Management B.V. acquired a new position in shares of Lydall during the 2nd quarter worth about $284,000. The PNC Financial Services Group Inc. boosted its position in shares of Lydall by 7.8% during the 1st quarter. The PNC Financial Services Group Inc. now owns 8,601 shares of the auto parts company’s stock worth $290,000 after acquiring an additional 625 shares in the last quarter. Finally, Bigelow Investment Advisors LLC acquired a new position in shares of Lydall during the 2nd quarter worth about $290,000. Institutional investors own 90.51% of the company’s stock.

Shares of NYSE:LDL traded up $0.01 on Wednesday, hitting $62.01. 440 shares of the company’s stock were exchanged, compared to its average volume of 191,188. The firm’s 50-day moving average is $61.46 and its 200 day moving average is $46.87. The company has a market capitalization of $1.12 billion, a PE ratio of -1,033.16 and a beta of 3.08. Lydall, Inc. has a 1-year low of $15.73 and a 1-year high of $62.10. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.48 and a current ratio of 1.95.

Lydall (NYSE:LDL) last released its quarterly earnings data on Wednesday, July 28th. The auto parts company reported $0.50 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.41 by $0.09. Lydall had a positive return on equity of 6.16% and a negative net margin of 0.07%.

Lydall Company Profile

Lydall, Inc engages in the design and manufacture of specialty engineered filtration media, industrial thermal insulating solutions, automotive thermal and acoustical barriers for filtration, separation, thermal, and acoustical applications. It operates through the following segments: Performance Materials; Technical Nonwovens; and Thermal and Acoustical Solutions.

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Institutional Ownership by Quarter for Lydall (NYSE:LDL)

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