Boston Partners trimmed its position in Astec Industries, Inc. (NASDAQ:ASTE – Get Rating) by 60.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,442 shares of the industrial products company’s stock after selling 15,852 shares during the period. Boston Partners’ holdings in Astec Industries were worth $326,000 at the end of the most recent reporting period.
Several other large investors have also recently bought and sold shares of the company. Advisors Asset Management Inc. boosted its holdings in Astec Industries by 16.4% in the 3rd quarter. Advisors Asset Management Inc. now owns 22,736 shares of the industrial products company’s stock valued at $709,000 after purchasing an additional 3,198 shares during the period. Mutual of America Capital Management LLC boosted its holdings in Astec Industries by 18.6% in the 3rd quarter. Mutual of America Capital Management LLC now owns 4,549 shares of the industrial products company’s stock valued at $142,000 after purchasing an additional 713 shares during the period. Great West Life Assurance Co. Can bought a new position in Astec Industries in the 3rd quarter valued at $782,000. CWM LLC boosted its holdings in Astec Industries by 13.1% in the 3rd quarter. CWM LLC now owns 46,395 shares of the industrial products company’s stock valued at $1,447,000 after purchasing an additional 5,372 shares during the period. Finally, Louisiana State Employees Retirement System bought a new position in Astec Industries in the 3rd quarter valued at $340,000. 93.01% of the stock is owned by institutional investors.
Astec Industries Stock Performance
NASDAQ ASTE opened at $44.68 on Wednesday. Astec Industries, Inc. has a 52-week low of $31.04 and a 52-week high of $56.21. The company has a market capitalization of $1.01 billion, a P/E ratio of -124.11 and a beta of 1.53. The company has a fifty day moving average of $41.48 and a 200-day moving average of $40.25.
About Astec Industries
Astec Industries, Inc engages in the manufacture of equipment and components for the infrastructure, and aggregate and mining industries. It operates through the following segments: Infrastructure Solutions, Material Solutions, and Corporate. The Infrastructure Solutions segment markets line of asphalt plants and related components, asphalt pavers, screeds, milling machines, material transfer vehicles, stabilizers, and related ancillary equipment.
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