Lydall, Inc. (NYSE:LDL) Director S Carl Soderstrom, Jr. sold 1,588 shares of the stock in a transaction on Monday, November 6th. The stock was sold at an average price of $55.00, for a total value of $87,340.00. Following the sale, the director now owns 20,121 shares in the company, valued at approximately $1,106,655. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Lydall, Inc. (LDL) traded down $0.50 during trading on Thursday, hitting $53.20. 34,817 shares of the stock traded hands, compared to its average volume of 69,365. The company has a market capitalization of $931.92, a PE ratio of 20.24 and a beta of 1.67. Lydall, Inc. has a 52-week low of $45.45 and a 52-week high of $64.85. The company has a current ratio of 2.67, a quick ratio of 1.91 and a debt-to-equity ratio of 0.28.

Lydall (NYSE:LDL) last released its quarterly earnings results on Tuesday, October 31st. The auto parts company reported $0.61 earnings per share for the quarter, missing the consensus estimate of $0.69 by ($0.08). The firm had revenue of $180.00 million during the quarter, compared to the consensus estimate of $172.21 million. Lydall had a return on equity of 15.22% and a net margin of 6.00%. The firm’s quarterly revenue was up 15.6% compared to the same quarter last year. equities research analysts forecast that Lydall, Inc. will post 2.76 EPS for the current year.

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Several research firms have issued reports on LDL. Zacks Investment Research downgraded Lydall from a “hold” rating to a “strong sell” rating in a research report on Tuesday. Sidoti upgraded Lydall from a “neutral” rating to a “buy” rating and set a $62.00 target price on the stock in a research report on Wednesday, September 13th. BidaskClub downgraded Lydall from a “sell” rating to a “strong sell” rating in a research report on Friday, August 4th. Finally, Roth Capital set a $63.00 target price on Lydall and gave the stock a “buy” rating in a research report on Monday, July 31st. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the stock. Lydall presently has an average rating of “Hold” and an average target price of $62.50.

Institutional investors have recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. increased its holdings in shares of Lydall by 0.8% in the first quarter. PNC Financial Services Group Inc. now owns 2,044 shares of the auto parts company’s stock worth $110,000 after purchasing an additional 16 shares during the period. Pinebridge Investments L.P. increased its holdings in shares of Lydall by 1.0% in the second quarter. Pinebridge Investments L.P. now owns 2,270 shares of the auto parts company’s stock worth $118,000 after purchasing an additional 22 shares during the period. SG Americas Securities LLC bought a new position in shares of Lydall in the third quarter worth $165,000. Creative Planning increased its holdings in shares of Lydall by 42.8% in the second quarter. Creative Planning now owns 3,335 shares of the auto parts company’s stock worth $172,000 after purchasing an additional 1,000 shares during the period. Finally, State of Alaska Department of Revenue increased its holdings in shares of Lydall by 77.9% in the second quarter. State of Alaska Department of Revenue now owns 3,381 shares of the auto parts company’s stock worth $174,000 after purchasing an additional 1,481 shares during the period. 88.54% of the stock is currently owned by hedge funds and other institutional investors.

About Lydall

Lydall, Inc designs and manufactures specialty engineered filtration media, industrial thermal insulating solutions, automotive thermal and acoustical barriers for filtration/separation and thermal/acoustical applications. The Company’s segments are Performance Materials, Technical Nonwovens, Thermal/Acoustical Metals and Thermal/Acoustical Fibers.

Insider Buying and Selling by Quarter for Lydall (NYSE:LDL)

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