The New King Luther Capital Management Corp Holding in Lawson Products IncDe
King Luther Capital Management Corp filed with the SEC SC 13D/A form for Lawson Products IncDe. The form can be accessed here: 000119312516782495. As reported in King Luther Capital Management Corp’s form, the filler as of late owns 22.5% or 1,978,088 shares of the Industrials–company.
Lawson Products IncDe stake is a new one for the for this institutional investor and it was filed because of activity on November30, 2016. We feel this shows King Luther Capital Management Corp’s positive view for the stock. For a institutional investor managing $16.93 billion in assets and having 76+ active experts, we at Financialmagazine have no doubt the buy is a bullish signal.
Lawson Products IncDe Institutional Sentiment
Latest Security and Exchange filings show 59 investors own Lawson Products IncDe. The institutional ownership in Q3 2015 is high, at 59.55% of the outstanding shares. This is increased by 264718 the total institutional shares. 5240113 were the shares owned by these institutional investors. In total 11 funds opened new Lawson Products IncDe stakes, 23 increased stakes. There were 7 that closed positions and 14 reduced them.
2 managers had the stock in their top Ten. Notable investors are: True Bearing Asset Management Lp, Kdi Capital Partners Llc..
King Luther Capital Management Corp is an institutional investor bullish on Lawson Products IncDe, owning 1543262 shares as of Q3 2015 for 0.32% of its portfolio. Teton Advisors Inc owns 248172 shares or 0.41% of its portfolio. NC Kdi Capital Partners Llc have 5.13% of their stock portfolio for 814609 shares. Further, Rutabaga Capital Management Llc reported stake worth 0.17% of its US stock portfolio. The CA True Bearing Asset Management Lp owns 76303 shares. Lawson Products IncDe is 2.80% of the manager’s US portfolio.
Lawson Products, Inc. is a distributor of products and services the industrial, commercial, institutional and government maintenance, repair and operations (MRO) market. The Company’s product categories include fastening systems, fluid power, specialty chemicals, cutting tools and abrasives, electrical, aftermarket automotive supplies, safety, welding and metal repair, and other. The Company supplies a range of automotive products, including body hardware, body shop, brake/wheel, fleet/truck, repair harness assembly and other parts. The Company offers approximately 200,000 different core products for sale of which approximately 50,000 products are maintained in its distribution centers. The Company’s customers operate in a range of industries, including automotive repair, commercial vehicle maintenance, government, manufacturing, food processing, distribution, construction, oil and gas, mining, wholesale and service.
SEC Form 13D is filed within 10 days, by anyone who acquires beneficial ownership of 5%+ of any public firm. Activist investors and practices such as: company breakups, hostile takeovers, and change of control events, are permitted for this form filers. A filer must promptly update its 13D filing in case of acquisition or disposition of 1% or more of the securities that are the subject of the filing.
King Luther Capital Management Corp website.
Insitutional Activity: The institutional sentiment decreased to 1.11 in Q2 2016. Its down 0.06, from 1.17 in 2016Q1. The ratio worsened, as 5 funds sold all Lawson Products, Inc. shares owned while 18 reduced positions. 7 funds bought stakes while 20 increased positions. They now own 5.52 million shares or 1.65% less from 5.61 million shares in 2016Q1.
Teachers Advsr has 9,006 shares for 0% of their US portfolio. Granahan Invest Ma owns 255,394 shares or 0.18% of their US portfolio. Manufacturers Life Ins Communications The has 0% invested in the company for 5,522 shares. Moreover, Menta Cap Lc has 0.03% invested in Lawson Products, Inc. (NASDAQ:LAWS) for 10,806 shares. State Street Corporation owns 58,157 shares or 0% of their US portfolio. Driehaus Cap Management Limited Co last reported 0.06% of its portfolio in the stock. Citigroup has 0% invested in the company for 632 shares. Acadian Asset Management Limited Liability accumulated 26,142 shares or 0% of the stock. Blackrock Fund Advsrs last reported 0% of its portfolio in the stock. True Bearing Asset Management L P, a California-based fund reported 46,288 shares. Teton Advsrs last reported 253,172 shares in the company. Gabelli Funds Limited Co has 0.01% invested in the company for 94,955 shares. New York State Common Retirement Fund holds 5,300 shares or 0% of its portfolio. Counselors accumulated 0.02% or 20,600 shares. Nationwide Fund Advsrs accumulated 7,838 shares or 0% of the stock.
Insider Transactions: Since July 26, 2016, the stock had 6 buys, and 6 insider sales for $695,215 net activity. KING LUTHER CAPITAL MANAGEMENT CORP bought $522,070 worth of stock or 31,450 shares. The insider JENKINS NEIL E sold $8,555. The insider Knutson Ronald J sold 16,211 shares worth $381,597. The insider Postek Thomas bought 10,000 shares worth $161,277. DeCata Michael G bought 1,000 shares worth $18,052. McCarthy Shane sold $31,042 worth of stock.
Analysts await Lawson Products, Inc. (NASDAQ:LAWS) to report earnings on February, 16. They expect $-0.09 EPS, up 78.57% or $0.33 from last year’s $-0.42 per share. After $0.20 actual EPS reported by Lawson Products, Inc. for the previous quarter, Wall Street now forecasts -145.00% negative EPS growth.
The stock increased 0.63% or $0.15 during the last trading session, hitting $23.85. About 9,008 shares traded hands. Lawson Products, Inc. (NASDAQ:LAWS) has risen 16.92% since April 28, 2016 and is uptrending. It has outperformed by 11.00% the S&P500.
Lawson Products, Inc. is a distributor of services and products the industrial, commercial, institutional and government maintenance, repair and activities market. The company has a market cap of $210.73 million. The Company’s product categories include fastening systems, fluid power, specialty chemicals, cutting tools and abrasives, electrical, aftermarket automotive supplies, safety, welding and metal repair, and other. It currently has negative earnings. The Firm supplies a range of automotive products, including body hardware, body shop, brake/wheel, fleet/truck, repair harness assembly and other parts.
Lawson Products, Inc. (NASDAQ:LAWS) Ratings Coverage
Out of 2 analysts covering Lawson Products Inc (NASDAQ:LAWS), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. Lawson Products Inc has been the topic of 3 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock of Lawson Products, Inc. (NASDAQ:LAWS) has “Overweight” rating given on Tuesday, July 21 by KeyBanc Capital Markets. The rating was downgraded by Barrington Research on Friday, July 22 to “Mkt Perform”.
More recent Lawson Products, Inc. (NASDAQ:LAWS) news were published by: Businesswire.com which released: “Lawson Products Acquires Mattic Industries” on November 15, 2016. Also Quotes.Wsj.com published the news titled: “News Lawson Products Inc.LAWS” on February 11, 2011. Businesswire.com‘s news article titled: “Lawson Products Reports First Quarter 2016 Results” with publication date: April 28, 2016 was also an interesting one.
According to Zacks Investment Research, “Lawson Products, Inc. is a distributor of expendable maintenance, repair & replacement products. It also distributes production components to the O.E.M. marketplace. These products may be divided into 3 broad categories: Fasteners, Fittings & Related Parts, such as screws, nuts, & other fasteners; Industrial Supplies, such as hoses, lubricants, adhesives & other chemicals, as well as files, drills, & other shop supplies; & Automotive & Equipment Maintenance Parts, such as primary wiring, connectors & other electrical supplies, exhaust & other automotive parts.”
LAWS Company Profile
Lawson Products, Inc., incorporated on April 16, 1982, is a distributor of services and products to the industrial, commercial, institutional, and governmental maintenance, repair and activities (MRO) marketplace. The Company’s product categories include fastening systems, fluid power, specialty chemicals, cutting tools and abrasives, electrical, aftermarket automotive supplies, safety, welding and metal repair, and other. The Firm offers approximately 200,000 different core products for sale of which approximately 50,000 products are maintained in its distribution centers.
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