WINTON GROUP Ltd Makes New Investment in Smith-Midland Co. (NASDAQ:SMID)

WINTON GROUP Ltd acquired a new stake in shares of Smith-Midland Co. (NASDAQ:SMID) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 9,744 shares of the company’s stock, valued at approximately $433,000.

A number of other institutional investors and hedge funds have also made changes to their positions in SMID. Sound Income Strategies LLC purchased a new stake in Smith-Midland during the fourth quarter valued at about $48,000. MetLife Investment Management LLC lifted its stake in shares of Smith-Midland by 129.1% in the 3rd quarter. MetLife Investment Management LLC now owns 2,866 shares of the company’s stock valued at $96,000 after purchasing an additional 1,615 shares in the last quarter. Barclays PLC grew its holdings in shares of Smith-Midland by 236.3% during the 3rd quarter. Barclays PLC now owns 6,984 shares of the company’s stock worth $233,000 after purchasing an additional 4,907 shares during the period. PDT Partners LLC acquired a new stake in Smith-Midland during the 3rd quarter worth approximately $254,000. Finally, Bank of New York Mellon Corp raised its holdings in Smith-Midland by 16.2% in the fourth quarter. Bank of New York Mellon Corp now owns 11,144 shares of the company’s stock valued at $495,000 after buying an additional 1,553 shares during the period. 49.94% of the stock is currently owned by institutional investors and hedge funds.

Smith-Midland Trading Down 8.1 %

Shares of SMID stock opened at $32.32 on Monday. Smith-Midland Co. has a fifty-two week low of $25.03 and a fifty-two week high of $51.96. The firm’s 50 day moving average price is $36.18 and its two-hundred day moving average price is $38.33. The stock has a market cap of $171.46 million, a price-to-earnings ratio of 26.71 and a beta of 1.45. The company has a quick ratio of 2.28, a current ratio of 2.78 and a debt-to-equity ratio of 0.11.

Smith-Midland Profile

Smith-Midland Corporation invents, develops, manufactures, markets, leases, licenses, sells, and installs precast concrete products and systems in the United States. It offers SlenderWall lightweight construction panel, lightweight exterior cladding used for the exterior walls of buildings; Sierra Wall that provides sound and sight barrier for use alongside highways around residential, industrial, and commercial properties; J-J Hooks highway safety barriers, used on roadways to separate lanes of traffic in construction work zone or traffic control purposes; Easi-Set precast building and Easi-Span expandable precast buildings, used in housing communications operations, traffic control systems, and mechanical and electrical stations; Easi-Set utility, vaults for house equipment, such as cable, telephone, or traffic signal equipment, and for underground storage, as well as custom-built utility vaults for special needs; SoftSound soundwall panels, it absorb highway noise; Beach Prisms erosion control modules for seawalls and jetties; and H2Out secondary drainage systems for panelized exterior cladding.