2 weeks Ago By ABMN Staff
American Century Companies Inc. lifted its holdings in shares of NN, Inc. ( NASDAQ:NNBR – Free Report ) by 80.
7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 642,568 shares of the industrial products company’s stock after buying an additional 287,060 shares during the period. American Century Companies Inc.
’s holdings in NN were worth $1,928,000 at the end of the most recent reporting period. A number of other large investors have also modified their holdings of the business. SG Americas Securities LLC acquired a new stake in shares of NN in the 1st quarter worth approximately $53,000.
Fifth Lane Capital LP acquired a new stake in shares of NN in the 1st quarter worth approximately $53,000. Cannon Global Investment Management LLC acquired a new stake in NN during the 1st quarter valued at $85,000. Rhumbline Advisers grew its holdings in NN by 3,510.
9% during the 2nd quarter. Rhumbline Advisers now owns 53,983 shares of the industrial products company’s stock valued at $162,000 after buying an additional 52,488 shares during the last quarter. Finally, Acadian Asset Management LLC grew its holdings in NN by 60.
7% during the 1st quarter. Acadian Asset Management LLC now owns 103,342 shares of the industrial products company’s stock valued at $488,000 after buying an additional 39,022 shares during the last quarter. 53.
92% of the stock is owned by hedge funds and other institutional investors. NN Price Performance Shares of NASDAQ:NNBR opened at $3.97 on Friday.
The business’s fifty day moving average price is $3.68 and its two-hundred day moving average price is $3.66.
The stock has a market cap of $198.52 million, a PE ratio of -2.84 and a beta of 2.
94. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.
29 and a current ratio of 2.04. NN, Inc.
has a one year low of $1.63 and a one year high of $5.40.
NN Profile ( Free Report ) NN, Inc, together with its subsidiaries, designs, manufactures, and sells high-precision components and assemblies for various end markets in the United States and internationally. It operates through two segments, Mobile Solutions and Power Solutions. The Mobile Solutions segment manufactures and sells system critical components for automotive, general industrial, and medical end markets for use in power steering, braking, transmissions, gasoline fuel system, diesel injection, and diesel emissions treatment applications, as well as in heating, ventilation, and air conditioning.
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