Gamco Investors INC. ET AL Purchases 5,132 Shares of Handy & Harman Ltd. (HNH)
Gamco Investors INC. ET AL boosted its position in Handy & Harman Ltd. (NASDAQ:HNH) by 17.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 35,320 shares of the conglomerate’s stock after buying an additional 5,132 shares during the period. Gamco Investors INC. ET AL owned about 0.29% of Handy & Harman worth $1,109,000 at the end of the most recent reporting period.
Separately, Teton Advisors Inc. increased its stake in shares of Handy & Harman by 5.0% in the second quarter. Teton Advisors Inc. now owns 17,954 shares of the conglomerate’s stock valued at $564,000 after buying an additional 859 shares in the last quarter. 88.16% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Handy & Harman Ltd. (NASDAQ:HNH) opened at 31.90 on Monday. The stock’s 50 day moving average is $32.44 and its 200 day moving average is $28.71. Handy & Harman Ltd. has a 12 month low of $19.00 and a 12 month high of $33.95. The stock has a market cap of $389.85 million, a P/E ratio of 44.80 and a beta of 1.41.
Separately, BidaskClub downgraded shares of Handy & Harman from a “hold” rating to a “sell” rating in a research report on Thursday, August 10th.
About Handy & Harman
Handy & Harman Ltd. is a holding company. The Company, through its subsidiaries, is a diversified manufacturer of engineered industrial products. The Company’s segments include Joining Materials, Tubing, Building Materials, Performance Materials, Electrical Products, and Kasco Blades and Route Repair Services (Kasco).
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