1 day Ago By ABMN Staff
Shares of Steel Partners Holdings L.P. ( NYSE:SPLP – Get Free Report ) saw an uptick in trading volume on Friday .
1,997 shares traded hands during mid-day trading, an increase of 48% from the previous session’s volume of 1,348 shares.The stock last traded at $42.16 and had previously closed at $42.
81. Analysts Set New Price Targets Separately, StockNews.com initiated coverage on Steel Partners in a research note on Friday.
They issued a “strong-buy” rating on the stock. View Our Latest Analysis on Steel Partners Steel Partners Price Performance Institutional Inflows and Outflows Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. De Lisle Partners LLP boosted its holdings in shares of Steel Partners by 83.
0% in the third quarter. De Lisle Partners LLP now owns 22,877 shares of the conglomerate’s stock valued at $924,000 after buying an additional 10,377 shares during the period. Gabelli Funds LLC raised its holdings in shares of Steel Partners by 0.
3% during the second quarter. Gabelli Funds LLC now owns 596,503 shares of the conglomerate’s stock worth $22,207,000 after acquiring an additional 1,700 shares during the period. Finally, HighTower Advisors LLC lifted its position in Steel Partners by 2.
5% in the 3rd quarter. HighTower Advisors LLC now owns 26,420 shares of the conglomerate’s stock valued at $1,082,000 after acquiring an additional 635 shares in the last quarter. 50.
75% of the stock is currently owned by institutional investors. Steel Partners Company Profile ( Get Free Report ) Steel Partners Holdings L.P.
, together with its subsidiaries, engages in industrial products, energy, banking, defense, supply chain management, logistics, and youth sports businesses worldwide. It operates through Diversified Industrial, Energy, Financial Services, and Supply Chain segments. The company fabricates precious metals and alloys into brazing alloys; manufactures and sells seamless stainless steel tubing coils; fasteners, adhesives, and fastening systems for the commercial low slope roofing industry, as well as specialty fasteners for the building products industry; and woven substrates of fiberglass, quartz, carbon, and aramid materials for specialty applications.
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