Level Four Advisory Services LLC Purchases 830 Shares of Standex International Co. (NYSE:SXI)

Level Four Advisory Services LLC lifted its position in shares of Standex International Co. (NYSE:SXI) by 13.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,045 shares of the industrial products company’s stock after purchasing an additional 830 shares during the quarter. Level Four Advisory Services LLC’s holdings in Standex International were worth $1,317,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Intech Investment Management LLC boosted its holdings in shares of Standex International by 27.5% during the 3rd quarter. Intech Investment Management LLC now owns 1,997 shares of the industrial products company’s stock valued at $365,000 after buying an additional 431 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in Standex International by 2.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 143,883 shares of the industrial products company’s stock valued at $26,299,000 after acquiring an additional 3,844 shares during the period. Cerity Partners LLC boosted its stake in Standex International by 14.4% during the third quarter. Cerity Partners LLC now owns 7,642 shares of the industrial products company’s stock worth $1,397,000 after acquiring an additional 963 shares in the last quarter. FMR LLC grew its holdings in Standex International by 23.4% in the third quarter. FMR LLC now owns 1,928 shares of the industrial products company’s stock worth $352,000 after purchasing an additional 365 shares during the period. Finally, BNP Paribas Financial Markets increased its stake in shares of Standex International by 19.4% during the third quarter. BNP Paribas Financial Markets now owns 5,388 shares of the industrial products company’s stock valued at $985,000 after purchasing an additional 877 shares in the last quarter. 90.35% of the stock is owned by hedge funds and other institutional investors.

Standex International Stock Down 4.2 %

Standex International stock opened at $160.52 on Friday. Standex International Co. has a 12 month low of $154.45 and a 12 month high of $212.66. The stock has a fifty day simple moving average of $183.68 and a two-hundred day simple moving average of $187.49. The company has a current ratio of 3.37, a quick ratio of 2.61 and a debt-to-equity ratio of 0.81. The firm has a market cap of $1.91 billion, a price-to-earnings ratio of 35.05, a PEG ratio of 2.63 and a beta of 1.02.

Standex International (NYSE:SXI) last released its quarterly earnings data on Thursday, January 30th. The industrial products company reported $1.91 EPS for the quarter, topping the consensus estimate of $1.68 by $0.23. Standex International had a return on equity of 13.28% and a net margin of 7.59%. Equities analysts predict that Standex International Co. will post 7.9 EPS for the current fiscal year.

Standex International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were issued a dividend of $0.32 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.28 annualized dividend and a dividend yield of 0.80%. Standex International’s payout ratio is 27.95%.

Insider Activity at Standex International

In other Standex International news, CFO Ademir Sarcevic sold 2,000 shares of Standex International stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $195.44, for a total value of $390,880.00. Following the completion of the sale, the chief financial officer now owns 16,086 shares of the company’s stock, valued at approximately $3,143,847.84. The trade was a 11.06 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 2.10% of the stock is owned by insiders.

Analyst Ratings Changes

A number of brokerages have recently commented on SXI. Barrington Research reissued an “outperform” rating and issued a $220.00 price target on shares of Standex International in a research report on Friday, February 28th. DA Davidson raised their price target on Standex International from $222.00 to $224.00 and gave the company a “buy” rating in a report on Tuesday, February 4th. William Blair reaffirmed an “outperform” rating on shares of Standex International in a research report on Tuesday, March 11th. Finally, StockNews.com downgraded shares of Standex International from a “buy” rating to a “hold” rating in a research report on Monday, February 3rd. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, Standex International presently has a consensus rating of “Moderate Buy” and an average target price of $231.33.

Standex International Profile

Standex International Corporation, together with subsidiaries, engages in the manufacture and sale of various products and services for commercial and industrial markets in the United States and internationally. It operates through five segments: Electronics, Engraving, Scientific, Engineering Technologies, and Specialty Solutions.