2 weeks Ago By Defense World Staff
Espey Mfg. & Electronics ( NYSEAMERICAN:ESP – Get Free Report ) was upgraded by stock analysts at StockNews.com from a “hold” rating to a “buy” rating in a report issued on Sunday.
Espey Mfg. & Electronics Stock Up 2.3 % Shares of ESP opened at $24.
81 on Friday. Espey Mfg. & Electronics has a 12-month low of $14.
69 and a 12-month high of $27.32. The stock has a market cap of $67.
73 million, a PE ratio of 12.92 and a beta of 0.14.
Hedge Funds Weigh In On Espey Mfg. & Electronics Large investors have recently added to or reduced their stakes in the business. Ellsworth Advisors LLC bought a new stake in shares of Espey Mfg.
& Electronics in the 2nd quarter worth approximately $476,000. Morgan Dempsey Capital Management LLC bought a new stake in shares of Espey Mfg. & Electronics during the second quarter valued at approximately $113,000.
Renaissance Technologies LLC raised its stake in shares of Espey Mfg. & Electronics by 3.7% in the second quarter.
Renaissance Technologies LLC now owns 111,512 shares of the company’s stock worth $2,370,000 after purchasing an additional 4,000 shares during the last quarter. Perritt Capital Management Inc. raised its position in Espey Mfg.
& Electronics by 66.7% in the 1st quarter. Perritt Capital Management Inc.
now owns 5,500 shares of the company’s stock worth $139,000 after buying an additional 2,201 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Espey Mfg. & Electronics by 1.
9% during the second quarter. Dimensional Fund Advisors LP now owns 86,612 shares of the company’s stock valued at $1,841,000 after purchasing an additional 1,591 shares during the last quarter. Hedge funds and other institutional investors own 36.
65% of the company’s stock. Espey Mfg. & Electronics Company Profile Espey Mfg.
& Electronics Corp., a power electronics design and original equipment manufacturing company, designs, manufactures, and tests electronic equipment primarily for use in military and industrial applications in the United States and internationally. The company's principal products include power supplies, power converters, filters, power transformers, magnetic components, power distribution equipment, UPS systems, antennas, and high-power radar systems for use in AC and DC locomotives, shipboard power, shipboard radar, airborne power, ground-based radar, and ground mobile power applications.
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