US Bancorp DE decreased its position in Lakeland Industries, Inc. (NASDAQ:LAKE) by 4.5% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 28,463 shares of the medical instruments supplier’s stock after selling 1,356 shares during the period. US Bancorp DE’s holdings in Lakeland Industries were worth $413,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of LAKE. Dimensional Fund Advisors LP boosted its stake in Lakeland Industries by 3.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 413,627 shares of the medical instruments supplier’s stock worth $4,302,000 after buying an additional 14,670 shares in the last quarter. Algert Global LLC boosted its stake in Lakeland Industries by 60.7% in the first quarter. Algert Global LLC now owns 25,769 shares of the medical instruments supplier’s stock worth $277,000 after buying an additional 9,732 shares in the last quarter. TFS Capital LLC boosted its stake in Lakeland Industries by 35.5% in the first quarter. TFS Capital LLC now owns 15,446 shares of the medical instruments supplier’s stock worth $166,000 after buying an additional 4,043 shares in the last quarter. Wellington Management Group LLP boosted its stake in Lakeland Industries by 2.3% in the first quarter. Wellington Management Group LLP now owns 718,839 shares of the medical instruments supplier’s stock worth $7,728,000 after buying an additional 16,200 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its stake in Lakeland Industries by 2.2% in the first quarter. Renaissance Technologies LLC now owns 393,202 shares of the medical instruments supplier’s stock worth $4,227,000 after buying an additional 8,400 shares in the last quarter. Institutional investors own 45.05% of the company’s stock.

Lakeland Industries, Inc. (NASDAQ LAKE) traded up 1.11% during trading on Friday, reaching $13.65. 148,941 shares of the company were exchanged. The firm’s 50 day moving average price is $15.41 and its 200-day moving average price is $12.09. The stock has a market capitalization of $99.15 million, a price-to-earnings ratio of 17.96 and a beta of -0.12. Lakeland Industries, Inc. has a one year low of $9.14 and a one year high of $17.18.

Lakeland Industries (NASDAQ:LAKE) last announced its quarterly earnings results on Wednesday, June 14th. The medical instruments supplier reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.14 by $0.09. Lakeland Industries had a net margin of 6.31% and a return on equity of 7.87%. The firm had revenue of $22.90 million for the quarter, compared to the consensus estimate of $21.95 million. The firm’s revenue was up 12.3% on a year-over-year basis. On average, equities research analysts predict that Lakeland Industries, Inc. will post $0.81 earnings per share for the current year.

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A number of research firms recently commented on LAKE. Zacks Investment Research lowered shares of Lakeland Industries from a “hold” rating to a “strong sell” rating in a research report on Wednesday, May 10th. ValuEngine raised shares of Lakeland Industries from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Finally, TheStreet raised shares of Lakeland Industries from a “c+” rating to a “b” rating in a research report on Wednesday, June 28th.

Lakeland Industries Company Profile

Lakeland Industries, Inc (Lakeland) manufactures and sells a line of safety garments and accessories for the industrial and public protective clothing market. The Company’s product categories include limited use/disposable protective clothing; high-end chemical protective suits; firefighting, flame resistant personal protective equipment (FR PPE) and heat protective apparel; reusable woven garments; high visibility clothing, and glove and sleeves.

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Institutional Ownership by Quarter for Lakeland Industries (NASDAQ:LAKE)

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