Twin Disc, Incorporated (NASDAQ:TWIN) Holdings Cut by Teton Advisors Inc.

Teton Advisors Inc. lowered its holdings in Twin Disc, Incorporated (NASDAQ:TWIN) by 5.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 110,000 shares of the industrial products company’s stock after selling 6,800 shares during the period. Teton Advisors Inc. owned about 0.79% of Twin Disc worth $1,778,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Barclays PLC bought a new stake in shares of Twin Disc during the third quarter valued at approximately $35,000. Janney Montgomery Scott LLC bought a new stake in shares of Twin Disc during the third quarter valued at approximately $455,000. Acadian Asset Management LLC raised its holdings in shares of Twin Disc by 31.5% during the third quarter. Acadian Asset Management LLC now owns 54,123 shares of the industrial products company’s stock valued at $740,000 after buying an additional 12,971 shares during the last quarter. O Shaughnessy Asset Management LLC bought a new stake in shares of Twin Disc during the third quarter valued at approximately $171,000. Finally, Citigroup Inc. bought a new stake in shares of Twin Disc during the third quarter valued at approximately $254,000. Institutional investors own 65.25% of the company’s stock.

Twin Disc Price Performance

Shares of NASDAQ TWIN traded down $0.25 during mid-day trading on Tuesday, reaching $16.08. 21,428 shares of the company traded hands, compared to its average volume of 26,079. Twin Disc, Incorporated has a fifty-two week low of $10.71 and a fifty-two week high of $18.00. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.22 and a quick ratio of 0.87. The firm has a market cap of $225.12 million, a PE ratio of 20.10 and a beta of 0.80. The stock has a fifty day simple moving average of $16.31 and a 200-day simple moving average of $15.31.

Twin Disc (NASDAQ:TWIN) last posted its quarterly earnings data on Wednesday, February 7th. The industrial products company reported $0.07 EPS for the quarter. Twin Disc had a net margin of 3.75% and a return on equity of 7.74%. The business had revenue of $72.99 million for the quarter.

Twin Disc Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Friday, February 16th were given a $0.04 dividend. The ex-dividend date of this dividend was Thursday, February 15th. This represents a $0.16 annualized dividend and a yield of 1.00%. Twin Disc’s dividend payout ratio (DPR) is 20.00%.

Analyst Upgrades and Downgrades

Separately, TheStreet upgraded shares of Twin Disc from a “c+” rating to a “b-” rating in a research note on Monday, March 11th.

Twin Disc Company Profile

Twin Disc, Incorporated designs, manufactures, and sells marine and heavy duty off-highway power transmission equipment in the United States, the Netherlands, China, Australia, Italy, and internationally. The company operates in two segments, Manufacturing and Distribution. Its principal products include marine transmissions, azimuth drives, surface drives, propellers, and boat management systems, as well as power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches, and controls systems.