StockNews.com assumed coverage on shares of Sypris Solutions (NASDAQ:SYPR – Free Report) in a research note issued to investors on Wednesday morning. The firm issued a hold rating on the auto parts company’s stock.
Separately, TheStreet lowered Sypris Solutions from a c- rating to a d+ rating in a research note on Tuesday, February 20th.
View Our Latest Stock Analysis on Sypris Solutions
Sypris Solutions Price Performance
Sypris Solutions (NASDAQ:SYPR – Get Free Report) last posted its earnings results on Monday, April 1st. The auto parts company reported ($0.05) earnings per share (EPS) for the quarter. Sypris Solutions had a negative net margin of 1.17% and a negative return on equity of 7.32%. The company had revenue of $34.74 million during the quarter.
Institutional Investors Weigh In On Sypris Solutions
A number of hedge funds have recently bought and sold shares of SYPR. Williams & Novak LLC acquired a new stake in Sypris Solutions during the 4th quarter valued at approximately $8,471,000. Dynamic Advisor Solutions LLC grew its position in shares of Sypris Solutions by 4.4% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 4,174,352 shares of the auto parts company’s stock worth $8,599,000 after acquiring an additional 176,805 shares in the last quarter. Finally, Barlow Wealth Partners Inc. bought a new stake in shares of Sypris Solutions in the 4th quarter valued at approximately $51,000. Institutional investors and hedge funds own 44.66% of the company’s stock.
Sypris Solutions Company Profile
Sypris Solutions, Inc engages in the provision of truck components, oil and gas pipeline components, and aerospace and defense electronics. It operates through Sypris Technologies and Sypris Electronics segments. The Sypris Technologies segment is involved in selling of forged, machined, welded, and heat-treated steel components primarily for the heavy commercial vehicle and high-pressure energy pipeline applications.
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