Instructor Retirement System of Texas purchased a brand new place in Myers Industries, Inc. (NYSE:MYE – Get Rating) within the third quarter, in accordance with the corporate in its most up-to-date Type 13F submitting with the SEC. The agency purchased 41,293 shares of the economic merchandise firm’s inventory, valued at roughly $680,000. Instructor Retirement System of Texas owned roughly 0.11% of Myers Industries on the finish of the latest quarter.
Quite a few different institutional buyers and hedge funds have additionally modified their holdings of MYE. Financial institution of New York Mellon Corp elevated its holdings in shares of Myers Industries by 0.8% within the 1st quarter. Financial institution of New York Mellon Corp now owns 481,551 shares of the economic merchandise firm’s inventory value $10,402,000 after buying an extra 3,665 shares within the final quarter. Citigroup Inc. elevated its holdings in shares of Myers Industries by 12.0% within the 1st quarter. Citigroup Inc. now owns 31,112 shares of the economic merchandise firm’s inventory value $672,000 after buying an extra 3,340 shares within the final quarter. MetLife Funding Administration LLC elevated its holdings in shares of Myers Industries by 51.5% within the 1st quarter. MetLife Funding Administration LLC now owns 20,664 shares of the economic merchandise firm’s inventory value $446,000 after buying an extra 7,025 shares within the final quarter. Rhumbline Advisers boosted its stake in shares of Myers Industries by 1.9% within the 1st quarter. Rhumbline Advisers now owns 98,848 shares of the economic merchandise firm’s inventory value $2,135,000 after shopping for an extra 1,852 shares over the past quarter. Lastly, Commonwealth of Pennsylvania Public Faculty Empls Retrmt SYS boosted its stake in shares of Myers Industries by 14.1% within the 1st quarter. Commonwealth of Pennsylvania Public Faculty Empls Retrmt SYS now owns 31,242 shares of the economic merchandise firm’s inventory value $675,000 after shopping for an extra 3,852 shares over the past quarter. Institutional buyers personal 90.00% of the corporate’s inventory.
Analysts Set New Value Targets
Individually, StockNews.com downgraded Myers Industries from a “strong-buy” ranking to a “purchase” ranking in a analysis observe on Tuesday, November eighth.
Myers Industries Inventory Efficiency
MYE stock opened at $24.38 on Friday. The corporate has a market cap of $889.87 million, a P/E ratio of 16.59 and a beta of 1.45. Myers Industries, Inc. has a 1 12 months low of $15.82 and a 1 12 months excessive of $25.55. The corporate has a debt-to-equity ratio of 0.44, a present ratio of 1.75 and a fast ratio of 1.04. The inventory’s fifty day shifting common value is $23.32 and its 200-day shifting common value is $21.10.
Insider Transactions at Myers Industries
In associated information, Director Frederic Jack Liebau, Jr. offered 15,000 shares of Myers Industries inventory in a transaction on Monday, November 14th. The inventory was offered at a mean value of $21.05, for a complete transaction of $315,750.00. Following the transaction, the director now instantly owns 36,055 shares within the firm, valued at $758,957.75. The transaction was disclosed in a doc filed with the Securities & Trade Fee, which is offered by means of the SEC website. Firm insiders personal 0.97% of the corporate’s inventory.
Myers Industries Firm Profile
Myers Industries, Inc engages within the manufacture and commerce of polymer merchandise. It operates by means of the Materials Dealing with and Distribution enterprise segments. The Materials Dealing with phase designs, manufactures, and markets quite a lot of plastic and steel merchandise. The Distribution phase affords instruments, gear, and provides used for tire, wheel, and beneath automobile service on passenger, heavy truck, and off-road autos.
Additional Studying
Need to see what different hedge funds are holding MYE? Visit HoldingsChannel.com to get the newest 13F filings and insider trades for Myers Industries, Inc. (NYSE:MYE – Get Rating).
This instantaneous information alert was generated by narrative science know-how and monetary knowledge from MarketBeat with a purpose to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial workforce previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.
Earlier than you think about Myers Industries, you will need to hear this.
MarketBeat retains observe of Wall Road’s top-rated and greatest performing analysis analysts and the shares they advocate to their shoppers every day. MarketBeat has recognized the five stocks that prime analysts are quietly whispering to their shoppers to purchase now earlier than the broader market catches on… and Myers Industries wasn’t on the record.
Whereas Myers Industries at present has a “maintain” ranking amongst analysts, top-rated analysts imagine these 5 shares are higher buys.
