Gamco Investors INC. ET AL Lowers Holdings in Twin Disc, Incorporated (NASDAQ:TWIN)

Gamco Investors INC. ET AL trimmed its holdings in Twin Disc, Incorporated (NASDAQ:TWIN) by 2.3% during the 2nd quarter, Holdings Channel.com reports. The fund owned 1,525,690 shares of the industrial products company’s stock after selling 36,429 shares during the period. Gamco Investors INC. ET AL owned 0.12% of Twin Disc worth $23,038,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in TWIN. Pacific Ridge Capital Partners LLC lifted its position in shares of Twin Disc by 26.4% in the first quarter. Pacific Ridge Capital Partners LLC now owns 367,584 shares of the industrial products company’s stock valued at $6,120,000 after acquiring an additional 76,860 shares in the last quarter. BlackRock Inc. lifted its position in shares of Twin Disc by 8.5% in the fourth quarter. BlackRock Inc. now owns 654,602 shares of the industrial products company’s stock worth $9,657,000 after buying an additional 51,146 shares in the last quarter. California Public Employees Retirement System lifted its position in shares of Twin Disc by 115.9% in the first quarter. California Public Employees Retirement System now owns 92,946 shares of the industrial products company’s stock worth $1,548,000 after buying an additional 49,900 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Twin Disc by 6.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 651,878 shares of the industrial products company’s stock worth $9,615,000 after buying an additional 36,891 shares in the last quarter. Finally, Walthausen & Co. LLC increased its stake in Twin Disc by 20.1% during the first quarter. Walthausen & Co. LLC now owns 185,347 shares of the industrial products company’s stock worth $3,086,000 after acquiring an additional 31,057 shares during the last quarter. Institutional investors and hedge funds own 57.69% of the company’s stock.

NASDAQ TWIN traded up $0.19 during trading hours on Monday, hitting $10.04. 837 shares of the company were exchanged, compared to its average volume of 47,258. The stock has a 50-day moving average price of $13.00 and a 200 day moving average price of $15.35. The company has a quick ratio of 1.16, a current ratio of 3.00 and a debt-to-equity ratio of 0.32. Twin Disc, Incorporated has a 52 week low of $9.72 and a 52 week high of $26.94. The stock has a market cap of $130.59 million, a PE ratio of 12.06 and a beta of 2.00.



Twin Disc (NASDAQ:TWIN) last issued its quarterly earnings data on Friday, August 9th. The industrial products company reported $0.06 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.26 by ($0.20). Twin Disc had a return on equity of 6.76% and a net margin of 4.07%. The company had revenue of $72.45 million for the quarter, compared to the consensus estimate of $72.85 million. As a group, sell-side analysts anticipate that Twin Disc, Incorporated will post 0.19 earnings per share for the current year.

TWIN has been the topic of several analyst reports. Robert W. Baird set a $14.00 price objective on Twin Disc and gave the stock a “hold” rating in a research note on Monday, August 12th. Zacks Investment Research cut Twin Disc from a “hold” rating to a “strong sell” rating in a research note on Saturday, August 3rd. TheStreet cut Twin Disc from a “b-” rating to a “c+” rating in a research note on Tuesday, June 11th. BidaskClub cut Twin Disc from a “buy” rating to a “hold” rating in a research note on Thursday, May 9th. Finally, ValuEngine raised Twin Disc from a “sell” rating to a “hold” rating in a research note on Thursday. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $17.33.

About Twin Disc

Twin Disc, Incorporated designs, manufactures, and sells marine and heavy duty off-highway power transmission equipment worldwide. The company operates through two segments, Manufacturing and Distribution. Its products include marine transmissions, surface drives, propellers, and boat management systems; and power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches, and controls systems.

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Institutional Ownership by Quarter for Twin Disc (NASDAQ:TWIN)

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