Stock SEC Filing: Preformed Line Products Co Has Another Bullish Trade, Ruhlman Barbara P Bought Stake!

Stock SEC Filing: Preformed Line Products Co Has Another Bullish Trade, Ruhlman Barbara P Bought Stake!

The New Ruhlman Barbara P Holding in Preformed Line Products Co

Ruhlman Barbara P filed with the SEC SC 13D/A form for Preformed Line Products Co. The form can be accessed here: 000119312516737657. As reported in Ruhlman Barbara P’s form, the filler as of late owns 27.94% or 1,432,033 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 Barbara P’s positive view for the stock.

Reasons Why Ruhlman Barbara P Bought – Preformed Line Products Co Stock

Purpose of Transaction

Item4 of the Schedule 13D is amended to add the following:

The Schedule13D is amended to report an increase in the Reporting Person’s beneficial ownership of the Common Shares in connection with the transfer of Common Shares to the Reporting Person in payment of a promissory note issued by the Barbara P. RuhlmanIrrevocable Trust dated 7/27/08 to a revocable trust, of which the Reporting Person is trustee and the direct beneficiary.

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 Q2 2016. Its down 0.31, from 1.22 in 2016Q1. The ratio is negative, 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.

Blackrock Fund Advisors, a California-based fund reported 66,931 shares. International Gp has 0% invested in the company for 1,443 shares. Deere And has invested 0.01% of its portfolio in Preformed Line Products Company (NASDAQ:PLPC). Northern Trust accumulated 0% or 29,535 shares. New York State Common Retirement Fund has 2,400 shares for 0% of their US portfolio. California Employees Retirement System holds 0% or 5,000 shares in its portfolio. Teton Advsr Inc has invested 0.02% of its portfolio in Preformed Line Products Company (NASDAQ:PLPC). Pnc accumulated 0% or 31,546 shares. Nationwide Fund Advisors accumulated 2,095 shares or 0% of the stock. Euclidean Tech Mngmt Ltd Liability Com accumulated 52,192 shares or 2.26% of the stock. Keybank Natl Association Oh has 0.11% invested in the company for 405,352 shares. Dimensional Fund Advisors L P last reported 256,753 shares in the company. Blackrock Investment Mgmt Llc holds 10,917 shares or 0% of its portfolio. Blackrock Advisors Llc accumulated 0% or 630 shares. Cornerstone Management Hldgs Ltd Limited Liability Company last reported 0% of its portfolio in the stock.

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

The stock decreased 2.67% or $1.17 during the last trading session, hitting $42.67. About 125 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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