Lawson Products, Inc. (NASDAQ:LAWS) Director Mark F. Moon Acquires 1,696 Shares

Lawson Products, Inc. (NASDAQ:LAWS) Director Mark F. Moon acquired 1,696 shares of the stock in a transaction that occurred on Thursday, June 13th. The stock was purchased at an average price of $34.92 per share, with a total value of $59,224.32. Following the completion of the transaction, the director now owns 3,705 shares of the company’s stock, valued at $129,378.60. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

LAWS traded down $0.12 during midday trading on Friday, reaching $34.96. 435 shares of the company were exchanged, compared to its average volume of 30,183. The company has a current ratio of 1.76, a quick ratio of 0.88 and a debt-to-equity ratio of 0.11. Lawson Products, Inc. has a one year low of $21.00 and a one year high of $40.36. The stock has a market cap of $305.39 million, a P/E ratio of 44.43, a price-to-earnings-growth ratio of 1.12 and a beta of 0.83.

Lawson Products (NASDAQ:LAWS) last issued its earnings results on Thursday, April 18th. The industrial products company reported $0.44 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.29 by $0.15. Lawson Products had a return on equity of 9.19% and a net margin of 2.56%. The firm had revenue of $91.34 million for the quarter, compared to analysts’ expectations of $89.77 million. As a group, equities analysts forecast that Lawson Products, Inc. will post 1.73 EPS for the current year.

A number of analysts recently commented on the company. BidaskClub upgraded Lawson Products from a “sell” rating to a “hold” rating in a research report on Wednesday, April 24th. Barrington Research set a $37.00 price objective on Lawson Products and gave the stock a “buy” rating in a research report on Wednesday, April 17th. Zacks Investment Research upgraded Lawson Products from a “hold” rating to a “strong-buy” rating and set a $35.00 price objective for the company in a research report on Thursday, March 7th. TheStreet upgraded Lawson Products from a “c+” rating to a “b” rating in a research report on Friday, March 1st. Finally, ValuEngine upgraded Lawson Products from a “hold” rating to a “buy” rating in a research report on Tuesday, May 14th. Three investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $36.00.

A number of institutional investors and hedge funds have recently modified their holdings of LAWS. Renaissance Technologies LLC increased its holdings in shares of Lawson Products by 14.2% in the first quarter. Renaissance Technologies LLC now owns 53,889 shares of the industrial products company’s stock worth $1,690,000 after buying an additional 6,689 shares during the period. Punch & Associates Investment Management Inc. increased its holdings in shares of Lawson Products by 7.5% in the first quarter. Punch & Associates Investment Management Inc. now owns 123,504 shares of the industrial products company’s stock worth $3,873,000 after buying an additional 8,569 shares during the period. King Luther Capital Management Corp increased its holdings in shares of Lawson Products by 67.1% in the first quarter. King Luther Capital Management Corp now owns 4,294,201 shares of the industrial products company’s stock worth $134,666,000 after buying an additional 1,723,787 shares during the period. O Shaughnessy Asset Management LLC increased its holdings in shares of Lawson Products by 13.8% in the first quarter. O Shaughnessy Asset Management LLC now owns 6,663 shares of the industrial products company’s stock worth $209,000 after buying an additional 807 shares during the period. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Lawson Products by 0.3% in the first quarter. Dimensional Fund Advisors LP now owns 594,005 shares of the industrial products company’s stock worth $18,628,000 after buying an additional 1,698 shares during the period. Hedge funds and other institutional investors own 85.97% of the company’s stock.

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About Lawson Products

Lawson Products, Inc distributes products and services to the industrial, commercial, institutional, and government maintenance, repair, and operations marketplace in the United States, Puerto Rico, Canada, Mexico, and the Caribbean. It operates in two segments, Lawson and Bolt. The company's products include fastening systems, fluid power products, specialty chemicals, cutting tools and abrasives, electrical products, aftermarket automotive supplies, safety products, welding and metal repair products, and other products.

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