American Century Companies Inc. Has $5.21 Million Position in Perimeter Solutions, SA (NYSE:PRM)

American Century Companies Inc. reduced its position in shares of Perimeter Solutions, SA (NYSE:PRM) by 48.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,146,820 shares of the company’s stock after selling 1,091,159 shares during the quarter. American Century Companies Inc. owned 0.73% of Perimeter Solutions worth $5,207,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in PRM. Deutsche Bank AG increased its stake in shares of Perimeter Solutions by 15.2% in the third quarter. Deutsche Bank AG now owns 78,143 shares of the company’s stock worth $355,000 after acquiring an additional 10,294 shares during the last quarter. Graham Capital Management L.P. acquired a new position in shares of Perimeter Solutions in the third quarter worth $63,000. Creative Planning acquired a new position in shares of Perimeter Solutions in the third quarter worth $77,000. Tudor Investment Corp Et Al acquired a new position in shares of Perimeter Solutions in the third quarter worth $355,000. Finally, Mercer Global Advisors Inc. ADV acquired a new position in shares of Perimeter Solutions in the third quarter worth $79,000. 89.93% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, UBS Group upped their price target on shares of Perimeter Solutions from $6.50 to $7.00 and gave the stock a “neutral” rating in a research note on Tuesday.

Perimeter Solutions Trading Up 0.1 %

Shares of NYSE:PRM opened at $7.34 on Thursday. The stock has a market capitalization of $1.15 billion, a PE ratio of 18.35 and a beta of 1.94. Perimeter Solutions, SA has a 1 year low of $2.79 and a 1 year high of $8.41. The firm has a fifty day moving average price of $5.60 and a 200 day moving average price of $4.65. The company has a current ratio of 4.56, a quick ratio of 1.91 and a debt-to-equity ratio of 0.58.

Perimeter Solutions (NYSE:PRM) last issued its quarterly earnings data on Thursday, February 22nd. The company reported ($0.09) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.02. The firm had revenue of $59.46 million during the quarter, compared to analysts’ expectations of $45.00 million. Perimeter Solutions had a net margin of 20.95% and a return on equity of 1.78%. Analysts expect that Perimeter Solutions, SA will post 0.27 EPS for the current fiscal year.

Perimeter Solutions Profile

Perimeter Solutions, SA manufactures and supplies firefighting products and lubricant additives in the United States, Germany, and internationally. It operates in two segments, Fire Safety and Specialty Products. The Fire Safety segment provides fire retardants and firefighting foams, as well as specialized equipment and services for federal, state, provincial, local/municipal, and commercial customers.