2 weeks Ago By ABMN Staff
HB Wealth Management LLC boosted its position in shares of Tredegar Co. ( NYSE:TG – Free Report ) by 198.6% during the 2nd quarter, Holdings Channel reports.
The institutional investor owned 89,580 shares of the basic materials company’s stock after purchasing an additional 59,575 shares during the quarter. HB Wealth Management LLC’s holdings in Tredegar were worth $429,000 at the end of the most recent quarter. A number of other hedge funds have also recently bought and sold shares of the company.
Tower Research Capital LLC TRC boosted its stake in shares of Tredegar by 190.3% in the 4th quarter. Tower Research Capital LLC TRC now owns 5,808 shares of the basic materials company’s stock valued at $31,000 after purchasing an additional 3,807 shares during the last quarter.
Simplicity Wealth LLC acquired a new position in Tredegar in the second quarter valued at approximately $57,000. Cove Street Capital LLC boosted its stake in Tredegar by 510.0% in the fourth quarter.
Cove Street Capital LLC now owns 11,004 shares of the basic materials company’s stock valued at $60,000 after acquiring an additional 9,200 shares during the last quarter. State Board of Administration of Florida Retirement System acquired a new stake in Tredegar during the 1st quarter worth $128,000. Finally, Heritage Wealth Advisors raised its position in shares of Tredegar by 8,309.
6% during the 1st quarter. Heritage Wealth Advisors now owns 20,183 shares of the basic materials company’s stock valued at $132,000 after acquiring an additional 19,943 shares during the last quarter. 79.
24% of the stock is currently owned by institutional investors. Analyst Upgrades and Downgrades Separately, StockNews.com upgraded Tredegar from a “hold” rating to a “buy” rating in a research report on Friday, May 10th.
Tredegar Price Performance Tredegar stock opened at $5.95 on Friday. The firm has a market capitalization of $205.
19 million, a P/E ratio of -2.00 and a beta of 0.87.
The business has a 50-day moving average of $5.37 and a 200-day moving average of $5.48.
The company has a current ratio of 0.78, a quick ratio of 0.41 and a debt-to-equity ratio of 0.
13. Tredegar Co. has a 1 year low of $3.
98 and a 1 year high of $6.79. Tredegar Company Profile ( Free Report ) Tredegar Corporation manufactures and sells aluminum extrusions, polyethylene (PE) films, and plastic and polyester films in the United States and internationally.
It operates through three segments: Aluminum Extrusions, PE Films, and Flexible Packaging Films. The Aluminum Extrusions segment produces soft and medium strength alloyed aluminum extrusions, custom fabricated and finished aluminum extrusions for the building and construction, automotive and transportation, consumer durables, machinery and equipment, electrical and renewable energy, and distribution markets; and manufactures mill, anodized, and painted and alloyed aluminum extrusions to fabricators and distributors. Further Reading Want to see what other hedge funds are holding TG? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Tredegar Co. ( NYSE:TG – Free Report ). Receive News & Ratings for Tredegar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tredegar and related companies with MarketBeat.
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