2 weeks Ago By ABMN Staff
Dimensional Fund Advisors LP grew its position in WD-40 ( NASDAQ:WDFC – Free Report ) by 2.0% in the 2nd quarter, Holdings Channel.com reports.
The institutional investor owned 307,097 shares of the specialty chemicals company’s stock after acquiring an additional 5,893 shares during the period. Dimensional Fund Advisors LP’s holdings in WD-40 were worth $67,452,000 at the end of the most recent quarter. Several other institutional investors and hedge funds also recently made changes to their positions in WDFC.
YHB Investment Advisors Inc. acquired a new position in WD-40 in the 1st quarter worth $33,000. DekaBank Deutsche Girozentrale acquired a new position in WD-40 in the 1st quarter worth $34,000.
Advisors Asset Management Inc. acquired a new position in WD-40 in the 1st quarter worth $43,000. Covestor Ltd boosted its stake in WD-40 by 57.
7% in the 1st quarter. Covestor Ltd now owns 216 shares of the specialty chemicals company’s stock worth $55,000 after purchasing an additional 79 shares during the period. Finally, Blue Trust Inc.
acquired a new position in WD-40 in the 2nd quarter worth $67,000. Institutional investors and hedge funds own 91.52% of the company’s stock.
WD-40 Trading Up 0.4 % Shares of NASDAQ:WDFC opened at $257.55 on Friday.
The company’s 50-day moving average price is $256.14 and its two-hundred day moving average price is $241.73.
The company has a debt-to-equity ratio of 0.40, a current ratio of 2.27 and a quick ratio of 1.
56. WD-40 has a one year low of $194.09 and a one year high of $278.
78. The stock has a market capitalization of $3.49 billion, a PE ratio of 50.
60 and a beta of -0.08. Wall Street Analysts Forecast Growth Separately, DA Davidson reduced their target price on shares of WD-40 from $313.
00 to $303.00 and set a “buy” rating for the company in a research note on Thursday, July 11th. View Our Latest Report on WD-40 WD-40 Company Profile ( Free Report ) WD-40 Company develops and sells maintenance products, and homecare and cleaning products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.
The company provides multi-purpose maintenance products that include aerosol sprays, non-aerosol trigger sprays, precision pens, and in liquid-bulk form products under the WD-40 Multi-Use brand name; specialty maintenance products, such as penetrants, degreasers, corrosion inhibitors, greases, lubricants, and rust removers under the WD-40 Specialist brand; and bike-specific products. Recommended Stories Want to see what other hedge funds are holding WDFC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for WD-40 ( NASDAQ:WDFC – Free Report ).
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