Virtu Financial LLC Buys New Shares in Manitex International, Inc. (NASDAQ:MNTX)

Virtu Financial LLC purchased a new position in Manitex International, Inc. (NASDAQ:MNTX) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 44,116 shares of the industrial products company’s stock, valued at approximately $248,000. Virtu Financial LLC owned about 0.22% of Manitex International as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. De Lisle Partners LLP boosted its stake in shares of Manitex International by 359.3% during the 3rd quarter. De Lisle Partners LLP now owns 1,202,466 shares of the industrial products company’s stock worth $6,776,000 after acquiring an additional 940,670 shares in the last quarter. Pacific Ridge Capital Partners LLC lifted its holdings in shares of Manitex International by 0.3% during the second quarter. Pacific Ridge Capital Partners LLC now owns 917,475 shares of the industrial products company’s stock valued at $4,064,000 after purchasing an additional 2,871 shares during the last quarter. First Eagle Investment Management LLC boosted its position in shares of Manitex International by 2.9% in the 2nd quarter. First Eagle Investment Management LLC now owns 306,084 shares of the industrial products company’s stock valued at $1,356,000 after purchasing an additional 8,500 shares during the period. Geode Capital Management LLC increased its stake in Manitex International by 2.2% in the 3rd quarter. Geode Capital Management LLC now owns 164,868 shares of the industrial products company’s stock worth $928,000 after purchasing an additional 3,601 shares in the last quarter. Finally, Renaissance Technologies LLC raised its holdings in Manitex International by 13.1% during the 2nd quarter. Renaissance Technologies LLC now owns 142,073 shares of the industrial products company’s stock worth $629,000 after buying an additional 16,433 shares during the period. Institutional investors own 46.01% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. StockNews.com started coverage on shares of Manitex International in a report on Friday, December 13th. They issued a “hold” rating for the company. Northland Capmk lowered shares of Manitex International from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 13th. Finally, Northland Securities reissued a “market perform” rating and set a $5.80 target price (down from $8.00) on shares of Manitex International in a research note on Friday, September 13th.

Manitex International Trading Down 0.2 %

Shares of NASDAQ MNTX opened at $5.74 on Wednesday. The firm has a market capitalization of $117.08 million, a PE ratio of 12.48 and a beta of 0.77. Manitex International, Inc. has a one year low of $3.07 and a one year high of $9.16. The company has a current ratio of 1.64, a quick ratio of 0.66 and a debt-to-equity ratio of 0.75. The business has a 50-day moving average price of $5.72 and a two-hundred day moving average price of $5.06.

About Manitex International

Manitex International, Inc provides engineered lifting solutions in the United States, Italy, Canada, Chile, France, and internationally. The company designs, manufactures, and distributes products that are used in various industries. It also offers boom trucks, truck cranes, and sign cranes products primarily for use in industrial projects, energy exploration, and infrastructure development comprising roads, bridges, and commercial construction; and truck-mounted aerial platforms.