10,500 Shares in The L.S. Starrett Company (NYSE:SCX) Acquired by National Asset Management Inc.

National Asset Management Inc. acquired a new position in shares of The L.S. Starrett Company (NYSE:SCXGet Rating) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 10,500 shares of the company’s stock, valued at approximately $81,000. National Asset Management Inc. owned approximately 0.15% of L.S. Starrett as of its most recent filing with the Securities & Exchange Commission.

Separately, Acadian Asset Management LLC raised its position in L.S. Starrett by 34.7% in the fourth quarter. Acadian Asset Management LLC now owns 15,005 shares of the company’s stock valued at $139,000 after purchasing an additional 3,864 shares during the period. 39.46% of the stock is owned by hedge funds and other institutional investors.

L.S. Starrett Price Performance

NYSE:SCX opened at $7.08 on Tuesday. The L.S. Starrett Company has a 52 week low of $6.26 and a 52 week high of $13.90. The company has a quick ratio of 1.09, a current ratio of 2.33 and a debt-to-equity ratio of 0.10. The company has a market capitalization of $51.22 million, a P/E ratio of 3.61 and a beta of 0.76. The stock’s fifty day moving average is $7.20 and its two-hundred day moving average is $7.48.

L.S. Starrett (NYSE:SCXGet Rating) last posted its earnings results on Monday, May 9th. The company reported $0.57 EPS for the quarter. L.S. Starrett had a return on equity of 16.75% and a net margin of 5.96%. The company had revenue of $60.48 million for the quarter.

L.S. Starrett Company Profile

(Get Rating)

The L.S. Starrett Company, together with its subsidiaries, manufactures and sells industrial, professional, and consumer measuring and cutting tools, and related products in the United States, Canada, Mexico, Brazil, China, the United Kingdom, Australia, and New Zealand. The company's products include precision tools, electronic gauges, gage blocks, optical vision and laser measuring equipment, custom engineered granite solutions, squares, band saw blades, hole saws, hacksaw blades, jig saw blades, and reciprocating saw blades, as well as M1 lubricant and precision ground flat stock products.

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Institutional Ownership by Quarter for L.S. Starrett (NYSE:SCX)

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