The stock of Lydall, Inc. (NYSE:LDL) is a huge mover today! About 157,021 shares traded hands or 17.83% up from the average. Lydall, Inc. (NYSE:LDL) has risen 60.11% since April 13, 2016 and is uptrending. It has outperformed by 56.19% the S&P500.
The move comes after 9 months negative chart setup for the $965.74M company. It was reported on Nov, 15 by Barchart.com. We have $51.68 PT which if reached, will make NYSE:LDL worth $48.29 million less.
Lydall, Inc. (NYSE:LDL) Ratings Coverage
Out of 3 analysts covering Lydall (NYSE:LDL), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. Lydall has been the topic of 3 analyst reports since August 29, 2016 according to StockzIntelligence Inc. The firm earned “Buy” rating on Wednesday, November 9 by Roth Capital. As per Monday, August 29, the company rating was downgraded by Sidoti. TH Capital initiated Lydall, Inc. (NYSE:LDL) on Wednesday, November 9 with “Buy” rating.
According to Zacks Investment Research, “Lydall, Inc. and its subsidiaries are manufacturers of engineered products for demanding specialty applications. They develop and manufacture engineered specialty papers in both roll and sheet form; fabricated automotive heat shields and acoustical barriers; and certain medical filtration and bioprocessing components. Their specialty papers are supplied to other manufacturers for conversion or incorporation into finished products. Their fabricated products are sold to original equipment manufacturers and tier-one suppliers.”
Insitutional Activity: The institutional sentiment decreased to 1.13 in Q2 2016. Its down 0.04, from 1.17 in 2016Q1. The ratio fall, as 9 funds sold all Lydall, Inc. shares owned while 47 reduced positions. 15 funds bought stakes while 48 increased positions. They now own 14.94 million shares or 0.58% less from 15.03 million shares in 2016Q1.
Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 424 shares or 0% of the stock. Nationwide Fund, a Pennsylvania-based fund reported 43,136 shares. Paradigm Asset Mgmt Lc has 0% invested in the company for 3,750 shares. Schwab Charles Invest Inc owns 59,407 shares or 0% of their US portfolio. Acadian Asset Ltd Liability Corporation has invested 0.01% of its portfolio in Lydall, Inc. (NYSE:LDL). Heartland Advisors Inc has invested 0.87% of its portfolio in Lydall, Inc. (NYSE:LDL). Parametric Port Associates Ltd holds 21,306 shares or 0% of its portfolio. Hillsdale Inv Mngmt Incorporated last reported 0.02% of its portfolio in the stock. Secor Cap Advsr Limited Partnership holds 0.12% of its portfolio in Lydall, Inc. (NYSE:LDL) for 24,975 shares. Pinebridge Invs Lp holds 2,173 shares or 0% of its portfolio. Blackrock Gp Limited has invested 0% of its portfolio in Lydall, Inc. (NYSE:LDL). Granite Prns Lc owns 83,399 shares or 0.25% of their US portfolio. Springbok Cap Mgmt Limited Liability Company last reported 3,184 shares in the company. Alps Advsr accumulated 0% or 12,571 shares. Prudential last reported 0.01% of its portfolio in the stock.
Insider Transactions: Since August 5, 2016, the stock had 1 insider buy, and 5 insider sales for $1.95 million net activity. 17,795 shares with value of $818,538 were sold by BURDETT KATHLEEN on Friday, August 5. Another trade for 2,975 shares valued at $145,920 was sold by Abbruzzi Joseph A.. On Friday, August 5 LAUGHLAN JAMES V sold $581,547 worth of the stock or 12,741 shares. SODERSTROM S CARL JR also sold $382,070 worth of Lydall, Inc. (NYSE:LDL) shares. The insider FARRELL MATTHEW bought 2,000 shares worth $96,584. On Friday, August 5 HUME WILLIAM J. sold $113,690 worth of the stock or 2,500 shares.
More news for Lydall, Inc. (NYSE:LDL) were recently published by: Marketwatch.com, which released: “/quotes/zigman/3870025/realtime” on February 16, 2011. Quotes.Wsj.com‘s article titled: “Lydall Inc. LDL (US: NYSE)” and published on February 11, 2011 is yet another important article.
LDL Company Profile
Lydall, Inc. (Lydall), incorporated on August 26, 1987, creates and makes specialty engineered non-woven filtration media, industrial thermal insulating solutions, and thermal and acoustical barriers for filtration or separation and heat abatement, and sound dampening applications. The Company’s divisions are Performance Materials, Industrial Filtration, Thermal/Acoustical Metals, and Thermal/Acoustical Fibers. The Performance Materials segment is engaged in the filtration, thermal insulation and life sciences filtration businesses. The Industrial Filtration segment is engaged in the Lydall’s industrial non-woven felt media and filter bag business. The Thermal/Acoustical Metals segment is engaged in the Lydall’s metal parts and related tooling. The Thermal/Acoustical Fibers segment is engaged in the Lydall’s fiber parts business and related tooling business for use in automotive applications. The Company’s products are sold to original equipment manufacturers and tier-one suppliers.
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