O Shaughnessy Asset Management LLC Has $821,000 Holdings in Taylor Devices, Inc. (NASDAQ:TAYD)

O Shaughnessy Asset Management LLC cut its holdings in shares of Taylor Devices, Inc. (NASDAQ:TAYD) by 32.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 19,729 shares of the industrial products company’s stock after selling 9,336 shares during the quarter. O Shaughnessy Asset Management LLC owned 0.63% of Taylor Devices worth $821,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. MetLife Investment Management LLC bought a new position in Taylor Devices during the 3rd quarter worth $70,000. FMR LLC increased its position in shares of Taylor Devices by 1,138.6% in the third quarter. FMR LLC now owns 1,796 shares of the industrial products company’s stock worth $90,000 after purchasing an additional 1,651 shares during the period. BNP Paribas Financial Markets raised its stake in Taylor Devices by 261.3% in the third quarter. BNP Paribas Financial Markets now owns 3,096 shares of the industrial products company’s stock valued at $155,000 after purchasing an additional 2,239 shares in the last quarter. Barclays PLC lifted its position in Taylor Devices by 325.6% during the third quarter. Barclays PLC now owns 3,426 shares of the industrial products company’s stock worth $172,000 after purchasing an additional 2,621 shares during the period. Finally, JPMorgan Chase & Co. grew its stake in Taylor Devices by 577.9% during the fourth quarter. JPMorgan Chase & Co. now owns 7,010 shares of the industrial products company’s stock worth $292,000 after buying an additional 5,976 shares in the last quarter. 17.62% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Taylor Devices

In related news, CEO Timothy John Sopko bought 1,000 shares of the business’s stock in a transaction on Monday, January 13th. The shares were purchased at an average price of $33.25 per share, for a total transaction of $33,250.00. Following the completion of the transaction, the chief executive officer now directly owns 9,000 shares of the company’s stock, valued at approximately $299,250. This represents a 12.50 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. 7.75% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Taylor Devices from a “hold” rating to a “buy” rating in a report on Monday, March 31st.

Taylor Devices Stock Performance

Shares of TAYD stock opened at $31.41 on Wednesday. Taylor Devices, Inc. has a fifty-two week low of $29.50 and a fifty-two week high of $64.50. The stock’s fifty day moving average price is $32.17 and its two-hundred day moving average price is $39.74. The company has a market cap of $98.53 million, a PE ratio of 11.72 and a beta of 0.91.

Taylor Devices (NASDAQ:TAYD) last released its quarterly earnings data on Friday, March 28th. The industrial products company reported $0.64 earnings per share for the quarter. The business had revenue of $10.57 million for the quarter. Taylor Devices had a return on equity of 17.04% and a net margin of 19.99%.

Taylor Devices Company Profile

Taylor Devices, Inc engages in design, development, manufacture, and marketing of shock absorption, rate control, and energy storage devices for use in machinery, equipment, and structures in the United States, Asia, and internationally. Its products include seismic dampers that are designed to mitigate the effects of earthquakes on structures; Fluidicshoks, which are compact shock absorbers primarily used in defense, aerospace, and commercial industries; and crane and industrial buffers, which are larger versions of the Fluidicshoks for industrial application on cranes and crane trolleys, truck docks, ladle and ingot cars, ore trolleys, and train car stops.