StockNews.com began coverage on shares of Sypris Solutions (NASDAQ:SYPR – Free Report) in a report released on Thursday. The brokerage issued a hold rating on the auto parts company’s stock.
Separately, TheStreet lowered Sypris Solutions from a c- rating to a d+ rating in a research note on Tuesday, February 20th.
Get Our Latest Analysis on SYPR
Sypris Solutions Stock Down 2.2 %
Sypris Solutions (NASDAQ:SYPR – Get Free Report) last issued its earnings results on Monday, April 1st. The auto parts company reported ($0.05) EPS for the quarter. The firm had revenue of $34.74 million during the quarter. Sypris Solutions had a negative net margin of 1.17% and a negative return on equity of 7.32%.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the company. Williams & Novak LLC bought a new position in shares of Sypris Solutions in the fourth quarter valued at about $8,471,000. Dynamic Advisor Solutions LLC grew its position in shares of Sypris Solutions by 4.4% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 4,174,352 shares of the auto parts company’s stock worth $8,599,000 after buying an additional 176,805 shares during the period. Finally, Barlow Wealth Partners Inc. acquired a new position in shares of Sypris Solutions during the 4th quarter worth about $51,000. 44.66% of the stock is currently owned by institutional investors and hedge funds.
Sypris Solutions Company Profile
Sypris Solutions, Inc engages in the provision of truck components, oil and gas pipeline components, and aerospace and defense electronics. It operates through Sypris Technologies and Sypris Electronics segments. The Sypris Technologies segment is involved in selling of forged, machined, welded, and heat-treated steel components primarily for the heavy commercial vehicle and high-pressure energy pipeline applications.
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