Steel Partners Holdings L.P. (NYSE:SPLP) Shares Bought by De Lisle Partners LLP

De Lisle Partners LLP lifted its position in shares of Steel Partners Holdings L.P. (NYSE:SPLP) by 83.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,877 shares of the conglomerate’s stock after acquiring an additional 10,377 shares during the period. De Lisle Partners LLP’s holdings in Steel Partners were worth $924,000 at the end of the most recent reporting period.

Separately, Gabelli Funds LLC boosted its stake in Steel Partners by 0.3% in the second quarter. Gabelli Funds LLC now owns 596,503 shares of the conglomerate’s stock valued at $22,207,000 after acquiring an additional 1,700 shares during the period. Institutional investors own 50.75% of the company’s stock.

Steel Partners Price Performance

Shares of NYSE SPLP opened at $43.99 on Friday. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.27 and a quick ratio of 1.16. The firm has a market capitalization of $843.73 million, a PE ratio of 4.51 and a beta of 1.36. Steel Partners Holdings L.P. has a 1-year low of $33.12 and a 1-year high of $43.99. The business’s fifty day moving average price is $40.58 and its two-hundred day moving average price is $38.97.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on Steel Partners in a research report on Sunday, November 24th. They set a “strong-buy” rating on the stock.

Steel Partners Profile

Steel Partners Holdings L.P., together with its subsidiaries, engages in industrial products, energy, banking, defense, supply chain management, logistics, and youth sports businesses worldwide. It operates through Diversified Industrial, Energy, Financial Services, and Supply Chain segments. The company fabricates precious metals and alloys into brazing alloys; manufactures and sells seamless stainless steel tubing coils; fasteners, adhesives, and fastening systems for the commercial low slope roofing industry, as well as specialty fasteners for the building products industry; and woven substrates of fiberglass, quartz, carbon, and aramid materials for specialty applications.