Price Action to Note: What Will Happen to Lydall, Inc. Next? The Stock Just Increased A Lot

Price Action to Note: What Will Happen to Lydall, Inc. Next? The Stock Just Increased A Lot

The stock of Lydall, Inc. (NYSE:LDL) is a huge mover today! About 158,950 shares traded hands or 14.76% up from the average. Lydall, Inc. (NYSE:LDL) has risen 59.62% since April 20, 2016 and is uptrending. It has outperformed by 55.06% the S&P500.
The move comes after 6 months positive chart setup for the $1.05 billion company. It was reported on Nov, 22 by Barchart.com. We have $63.08 PT which if reached, will make NYSE:LDL worth $42.00M more.

Lydall, Inc. (NYSE:LDL) Ratings Coverage

Out of 3 analysts covering Lydall (NYSE:LDL), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. Lydall has been the topic of 3 analyst reports since August 29, 2016 according to StockzIntelligence Inc. The stock has “Buy” rating given by TH Capital on Wednesday, November 9. Sidoti downgraded the shares of LDL in a report on Monday, August 29 to “Neutral” rating. On Wednesday, November 9 the stock rating was initiated by Roth Capital with “Buy”.

According to Zacks Investment Research, “Lydall, Inc. and its subsidiaries are manufacturers of engineered products for demanding specialty applications. They develop and manufacture engineered specialty papers in both roll and sheet form; fabricated automotive heat shields and acoustical barriers; and certain medical filtration and bioprocessing components. Their specialty papers are supplied to other manufacturers for conversion or incorporation into finished products. Their fabricated products are sold to original equipment manufacturers and tier-one suppliers.”

Insitutional Activity: The institutional sentiment increased to 1.53 in 2016 Q2. Its up 0.40, from 1.13 in 2016Q1. The ratio increased, as 9 funds sold all Lydall, Inc. shares owned while 47 reduced positions. 15 funds bought stakes while 48 increased positions. They now own 14.94 million shares or 0.58% less from 15.03 million shares in 2016Q1.
Grace And White Inc Ny reported 230,230 shares or 2% of all its holdings. Mckinley Capital Limited Liability Corp Delaware has 0% invested in the company for 150 shares. Geneva Advsrs Ltd Liability Corp holds 0.01% or 17,367 shares in its portfolio. Goldman Sachs Group Inc reported 15,574 shares or 0% of all its holdings. Gotham Asset Mngmt Limited Liability Corp accumulated 0.02% or 48,488 shares. Rice Hall James Associates Ltd Liability Co holds 0.16% of its portfolio in Lydall, Inc. (NYSE:LDL) for 71,924 shares. Inv Counselors Of Maryland Ltd Limited Liability Company holds 427,194 shares or 0.9% of its portfolio. Int Grp holds 12,450 shares or 0% of its portfolio. Allianz Asset Mgmt Ag accumulated 81,148 shares or 0% of the stock. Alliancebernstein Lp accumulated 16,600 shares or 0% of the stock. Alphaone Ser Limited Com owns 114,759 shares or 1.63% of their US portfolio. Alps Advisors, a Colorado-based fund reported 12,571 shares. Ny State Common Retirement Fund, a New York-based fund reported 16,700 shares. Driehaus Mgmt Limited Liability Company accumulated 0.1% or 75,921 shares. Comerica Commercial Bank has invested 0.06% of its portfolio in Lydall, Inc. (NYSE:LDL).

Insider Transactions: Since August 5, 2016, the stock had 1 insider buy, and 5 selling transactions for $1.95 million net activity. FARRELL MATTHEW also bought $96,584 worth of Lydall, Inc. (NYSE:LDL) on Monday, August 15. BURDETT KATHLEEN also sold $818,538 worth of Lydall, Inc. (NYSE:LDL) shares. Another trade for 2,975 shares valued at $145,920 was made by Abbruzzi Joseph A. on Friday, August 19. HUME WILLIAM J. sold $113,690 worth of stock. LAUGHLAN JAMES V sold 12,741 shares worth $581,547. Shares for $382,070 were sold by SODERSTROM S CARL JR on Friday, August 5.

More news for Lydall, Inc. (NYSE:LDL) were recently published by: Marketwatch.com, which released: “/quotes/zigman/3870025/realtime” on February 16, 2011. Quotes.Wsj.com‘s article titled: “Lydall Inc. LDL (US: NYSE)” and published on February 11, 2011 is yet another important article.

LDL Company Profile

Lydall, Inc. (Lydall), incorporated on August 26, 1987, creates and makes specialty engineered non-woven filtration media, industrial thermal insulating solutions, and thermal and acoustical barriers for filtration or separation and heat abatement, and sound dampening applications. The Company’s divisions are Performance Materials, Industrial Filtration, Thermal/Acoustical Metals, and Thermal/Acoustical Fibers. The Performance Materials segment is engaged in the filtration, thermal insulation and life sciences filtration businesses. The Industrial Filtration segment is engaged in the Lydall’s industrial non-woven felt media and filter bag business. The Thermal/Acoustical Metals segment is engaged in the Lydall’s metal parts and related tooling. The Thermal/Acoustical Fibers segment is engaged in the Lydall’s fiber parts business and related tooling business for use in automotive applications. The Company’s products are sold to original equipment manufacturers and tier-one suppliers.

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