Kennedy Capital Management LLC Has $1.65 Million Stock Holdings in NN, Inc. (NASDAQ:NNBR)

Kennedy Capital Management LLC decreased its position in shares of NN, Inc. (NASDAQ:NNBR) by 16.4% during the 4th quarter, Holdings Channel reports. The institutional investor owned 503,350 shares of the industrial products company’s stock after selling 99,058 shares during the quarter. Kennedy Capital Management LLC’s holdings in NN were worth $1,646,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. BNP Paribas Financial Markets increased its position in NN by 41.4% during the third quarter. BNP Paribas Financial Markets now owns 11,103 shares of the industrial products company’s stock worth $43,000 after acquiring an additional 3,251 shares during the period. SG Americas Securities LLC grew its position in shares of NN by 37.7% during the 4th quarter. SG Americas Securities LLC now owns 21,023 shares of the industrial products company’s stock worth $69,000 after purchasing an additional 5,752 shares in the last quarter. Wells Fargo & Company MN increased its holdings in shares of NN by 29.2% during the fourth quarter. Wells Fargo & Company MN now owns 27,306 shares of the industrial products company’s stock worth $89,000 after purchasing an additional 6,165 shares during the period. Empowered Funds LLC raised its position in shares of NN by 5.2% in the fourth quarter. Empowered Funds LLC now owns 189,061 shares of the industrial products company’s stock valued at $618,000 after buying an additional 9,424 shares in the last quarter. Finally, Virtu Financial LLC bought a new stake in shares of NN in the third quarter valued at approximately $39,000. Institutional investors and hedge funds own 53.92% of the company’s stock.

NN Trading Down 4.8 %

Shares of NASDAQ:NNBR opened at $1.80 on Tuesday. The business’s 50 day simple moving average is $2.65 and its 200 day simple moving average is $3.25. NN, Inc. has a 1 year low of $1.69 and a 1 year high of $4.67. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.96 and a quick ratio of 1.18. The company has a market capitalization of $89.77 million, a P/E ratio of -1.65, a P/E/G ratio of 2.01 and a beta of 2.73.

NN Company Profile

NN, Inc, together with its subsidiaries, designs, manufactures, and sells high-precision components and assemblies for various end markets in the United States and internationally. It operates through two segments, Mobile Solutions and Power Solutions. The Mobile Solutions segment manufactures and sells system critical components for automotive, general industrial, and medical end markets for use in power steering, braking, transmissions, gasoline fuel system, diesel injection, and diesel emissions treatment applications, as well as in heating, ventilation, and air conditioning.