PNC Financial Services Group Inc. Has $235,000 Stake in Landauer Inc. (LDR)
PNC Financial Services Group Inc. raised its stake in Landauer Inc. (NYSE:LDR) by 5.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,730 shares of the company’s stock after buying an additional 309 shares during the period. PNC Financial Services Group Inc. owned 0.06% of Landauer worth $235,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in LDR. Chartwell Investment Partners LLC purchased a new position in shares of Landauer during the second quarter valued at approximately $20,161,000. Royce & Associates LP boosted its stake in Landauer by 6.2% in the first quarter. Royce & Associates LP now owns 1,122,543 shares of the company’s stock valued at $37,122,000 after buying an additional 65,814 shares during the period. Lafitte Capital Management LP bought a new stake in Landauer during the first quarter valued at $1,984,000. Nuveen Asset Management LLC boosted its stake in Landauer by 34.3% in the first quarter. Nuveen Asset Management LLC now owns 54,487 shares of the company’s stock valued at $1,802,000 after buying an additional 13,914 shares during the period. Finally, Virginia Retirement System bought a new stake in Landauer during the first quarter valued at $317,000. 86.28% of the stock is owned by hedge funds and other institutional investors.
Shares of Landauer Inc. (NYSE:LDR) traded down 0.34% during mid-day trading on Monday, reaching $44.33. 47,559 shares of the company’s stock were exchanged. The company has a market capitalization of $425.70 million, a PE ratio of 23.96 and a beta of 1.08. Landauer Inc. has a one year low of $26.99 and a one year high of $49.74. The company’s 50-day moving average price is $46.18 and its 200-day moving average price is $39.89.
Landauer (NYSE:LDR) last announced its quarterly earnings results on Monday, August 8th. The company reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.19. The firm had revenue of $37.90 million for the quarter, compared to analysts’ expectations of $35.24 million. Landauer had a net margin of 11.63% and a return on equity of 102.93%. On average, equities analysts expect that Landauer Inc. will post $1.76 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 5th. Shareholders of record on Friday, September 16th will be paid a dividend of $0.275 per share. The ex-dividend date is Wednesday, September 14th. This represents a $1.10 dividend on an annualized basis and a yield of 2.47%. Landauer’s dividend payout ratio (DPR) is presently 59.14%.
A number of brokerages recently commented on LDR. Sidoti lowered shares of Landauer from a “buy” rating to a “neutral” rating and set a $52.00 target price on the stock. in a research note on Tuesday, August 16th. Zacks Investment Research raised shares of Landauer from a “hold” rating to a “buy” rating and set a $54.00 target price on the stock in a research note on Wednesday, August 10th. Finally, Hilliard Lyons lowered shares of Landauer from a “neutral” rating to an “underperform” rating in a research note on Friday, July 1st.
Landauer, Inc (Landauer) is a provider of technical and analytical services to determine occupational and environmental radiation exposure. The Company is a domestic provider of outsourced medical physics services and a provider of radiology related medical products. It operates in three business segments: Radiation Measurement, Medical Physics and Medical Products.
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