Teton Advisors Inc. lifted its holdings in shares of L S Starrett Co (NYSE:SCX) by 1.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 354,698 shares of the company’s stock after acquiring an additional 6,200 shares during the period. Teton Advisors Inc. owned approximately 5.07% of L S Starrett worth $3,050,000 at the end of the most recent reporting period.
Other institutional investors have also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp boosted its holdings in L S Starrett by 87.5% during the second quarter. Bank of New York Mellon Corp now owns 21,831 shares of the company’s stock worth $188,000 after purchasing an additional 10,186 shares during the last quarter. Walthausen & Co. LLC purchased a new position in L S Starrett in the third quarter valued at about $231,000. Finally, Gamco Investors INC. ET AL boosted its stake in L S Starrett by 4.3% in the third quarter. Gamco Investors INC. ET AL now owns 303,708 shares of the company’s stock valued at $2,703,000 after acquiring an additional 12,500 shares during the last quarter. Institutional investors and hedge funds own 40.05% of the company’s stock.
L S Starrett Co (NYSE:SCX) opened at $8.25 on Monday. The company has a debt-to-equity ratio of 0.06, a current ratio of 3.12 and a quick ratio of 1.45. The firm has a market cap of $57.91, a PE ratio of 91.67 and a beta of 1.14. L S Starrett Co has a 52 week low of $6.75 and a 52 week high of $11.50.
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L S Starrett Company Profile
The L.S. Starrett Company is engaged in the business of manufacturing over 5,000 variations of precision tools, gages, measuring instruments and saw blades for industrial, professional and consumer markets across the world. The Company’s product line includes precision measuring tools (micrometers, calipers and rules, among others.), levels, electronic gages, dial indicators, gage blocks and granite surface plates and custom-engineered products.
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