Filing Worth Mentioning: Why Ruhlman Randall M Reported Big Preformed Line Products Co Position?

Filing Worth Mentioning: Why Ruhlman Randall M Reported Big Preformed Line Products Co Position?

The New Ruhlman Randall M Holding in Preformed Line Products Co

Ruhlman Randall M filed with the SEC SC 13D/A form for Preformed Line Products Co. The form can be accessed here: 000119312516737653. As reported in Ruhlman Randall M’s form, the filler as of late owns 13.08% or 670,530 shares of the Industrials–company.

Preformed Line Products Co stake is a new one for the and it was filed because of activity on September 9, 2016. We feel this shows Ruhlman Randall M’s positive view for the stock.

Preformed Line Products Co Institutional Sentiment

Latest Security and Exchange filings show 46 investors own Preformed Line Products Co. The institutional ownership in Q3 2015 is low, at 41.88% of the outstanding shares. This is decreased by 164307 the total institutional shares. 2160958 were the shares owned by these institutional investors. In total 2 funds opened new Preformed Line Products Co stakes, 12 increased stakes. There were 7 that closed positions and 19 reduced them.

Dalton Greiner Hartman Maher & Co is an institutional investor bullish on Preformed Line Products Co, owning 25713 shares as of Q3 2015 for 0.05% of its portfolio. Keybank National Association owns 405352 shares or 0.11% of its portfolio. TX Yacktman Asset Management Lp have less than 0.01% of their stock portfolio for 5894 shares. Further, Raymond James Trust reported stake worth 0.14% of its US stock portfolio. The NY Euclidean Technologies Management Llc owns 55602 shares. Preformed Line Products Co is 2.16% of the manager’s US portfolio.

Business Profile

Preformed Line Products Company (PLPC) is a designer and manufacturer of products and systems employed in the construction and maintenance of overhead and underground networks for the energy, telecommunication, cable operators and information industries. The Company’s products include Formed Wire and Related Hardware Products, Protective Closures, Plastic Products and Other Products. The Company operates through four segments: PLP-USA (including corporate), The Americas (includes operations in North and South America without PLP-USA), EMEA (Europe, Middle East and Africa) and Asia-Pacific. The Company’s PLP-USA segment consists of its United States operations manufacturing its traditional products primarily supporting its domestic energy, telecommunications and solar products. Its other three segments, The Americas, EMEA and Asia-Pacific, support its energy, telecommunications, data communication and solar products in each respective geographical region.

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.

Insitutional Activity: The institutional sentiment decreased to 0.91 in 2016 Q2. Its down 0.31, from 1.22 in 2016Q1. The ratio fall, as 5 funds sold all Preformed Line Products Company shares owned while 17 reduced positions. 5 funds bought stakes while 15 increased positions. They now own 2.24 million shares or 2.52% more from 2.19 million shares in 2016Q1.

Bridgeway Cap Mngmt has invested 0.01% of its portfolio in Preformed Line Products Company (NASDAQ:PLPC). Teton Inc holds 5,788 shares or 0.02% of its portfolio. Segall Bryant Hamill Limited Liability Company owns 23,987 shares or 0.03% of their US portfolio. Moreover, Blackrock Advisors Ltd Co has 0% invested in Preformed Line Products Company (NASDAQ:PLPC) for 630 shares. Axa holds 0% or 14,574 shares in its portfolio. Springbok Capital Management Ltd Liability last reported 0.01% of its portfolio in the stock. California State Teachers Retirement Sys, a California-based fund reported 5,259 shares. Fmr Llc holds 125,624 shares or 0% of its portfolio. Euclidean Technology Management Limited Liability Company holds 2.26% of its portfolio in Preformed Line Products Company (NASDAQ:PLPC) for 52,192 shares. The New York-based Blackrock has invested 0% in Preformed Line Products Company (NASDAQ:PLPC). Morgan Stanley holds 0% of its portfolio in Preformed Line Products Company (NASDAQ:PLPC) for 377 shares. Bank & Trust Of New York Mellon reported 22,972 shares or 0% of all its holdings. Geode Cap Management Ltd Liability Corporation has 0% invested in the company for 17,258 shares. Moreover, Carroll Associate has 0.01% invested in Preformed Line Products Company (NASDAQ:PLPC) for 1,200 shares. Deere And Communication, a Illinois-based fund reported 6,600 shares.

Analysts await Preformed Line Products Company (NASDAQ:PLPC) to report earnings on November, 14.

The stock decreased 2.67% or $1.17 on October 13, hitting $42.67. About 123 shares traded hands. Preformed Line Products Company (NASDAQ:PLPC) has risen 20.74% since March 10, 2016 and is uptrending. It has outperformed by 13.22% the S&P500.

Preformed Line Products Company is a designer and maker of products and systems employed in the construction and maintenance of overhead and underground networks for the energy, telecommunication, cable operators and information industries. The company has a market cap of $223.87 million. The Company’s products include Formed Wire and Related Hardware Products, Protective Closures, Plastic Products and Other Products. It has a 25.81 P/E ratio. The Firm operates through four divisions: PLP-USA (including corporate), The Americas (includes activities in North and South America without PLP-USA), EMEA (Europe, Middle East and Africa) and Asia-Pacific.

More notable recent Preformed Line Products Company (NASDAQ:PLPC) news were published by: Prnewswire.com which released: “Preformed Line Products Announces Second Quarter And First Half 2016 Results” on August 05, 2016, also Prnewswire.com with their article: “Preformed Line Products Announces Financial Results For The Fourth Quarter And …” published on March 04, 2016, Streetinsider.com published: “Preformed Line Products (PLPC) CFO Graef to Retire” on September 12, 2016. More interesting news about Preformed Line Products Company (NASDAQ:PLPC) were released by: Prnewswire.com and their article: “Shareholder Alert: Purcell Julie & Lefkowitz LLP Is Investigating Preformed …” published on April 06, 2016 as well as Cleveland.com‘s news article titled: “Preformed Line Products sees sales and income fall” with publication date: May 02, 2014.

According to Zacks Investment Research, “PREFORMED LINE Products is an international designer and manufacturer of products and systems employed in the construction and maintenance of overhead and underground networks for energy, communications and broadband network companies.”

PLPC Company Profile

Preformed Line Products Company (PLPC), incorporated on August 21, 1947, is a designer and maker of products and systems employed in the construction and maintenance of overhead and underground networks for the energy, telecommunication, cable operators, information (data communication) and other similar industries. The Company’s products support, protect, connect, terminate and secure cables and wires. It also provides solar hardware systems and mounting hardware for a range of solar power applications. PLPC’s products include Formed Wire and Related Hardware Products, Protective Closures, Plastic Products and Other Products. The Firm operates through four divisions: PLP-USA (including corporate), The Americas (includes activities in North and South America without PLP-USA), EMEA (Europe, Middle East and Africa) and Asia-Pacific. The Company’s PLP-USA segment consists of its United States activities manufacturing its traditional products primarily supporting its domestic energy, telecommunications and solar products. The Americas, EMEA and Asia-Pacific support its energy, telecommunications, data communication and solar products in each respective geographical region.

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