Landauer Inc (LDR) Sees Unusually-High Trading Volume
Landauer Inc (NYSE:LDR) shares saw unusually-high trading volume on Thursday . Approximately 248,802 shares changed hands during trading, an increase of 382% from the previous session’s volume of 51,664 shares.The stock last traded at $67.73 and had previously closed at $67.70.
LDR has been the subject of a number of research analyst reports. Zacks Investment Research lowered shares of Landauer from a “buy” rating to a “hold” rating in a research report on Wednesday, May 10th. BidaskClub raised shares of Landauer from a “sell” rating to a “hold” rating in a research report on Tuesday, August 15th. Finally, Hilliard Lyons raised shares of Landauer from an “underperform” rating to a “neutral” rating in a research report on Wednesday.
The firm has a market capitalization of $655.38 million, a PE ratio of 35.21 and a beta of 1.27. The stock has a 50-day moving average of $58.95 and a 200-day moving average of $53.37.
Landauer (NYSE:LDR) last announced its quarterly earnings results on Tuesday, August 8th. The scientific and technical instruments company reported $0.67 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.49 by $0.18. The company had revenue of $39.89 million for the quarter. Landauer had a net margin of 16.55% and a return on equity of 96.20%. On average, equities research analysts expect that Landauer Inc will post $1.92 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 3rd. Investors of record on Friday, September 15th will be paid a $0.275 dividend. This represents a $1.10 dividend on an annualized basis and a yield of 1.62%. The ex-dividend date is Thursday, September 14th. Landauer’s payout ratio is 56.99%.
A number of institutional investors have recently made changes to their positions in LDR. Great West Life Assurance Co. Can boosted its stake in Landauer by 8.3% in the 1st quarter. Great West Life Assurance Co. Can now owns 13,533 shares of the scientific and technical instruments company’s stock worth $659,000 after purchasing an additional 1,033 shares in the last quarter. Eqis Capital Management Inc. bought a new position in Landauer in the 1st quarter worth about $266,000. Bank of New York Mellon Corp boosted its stake in Landauer by 3.0% in the 1st quarter. Bank of New York Mellon Corp now owns 167,586 shares of the scientific and technical instruments company’s stock worth $8,170,000 after purchasing an additional 4,910 shares in the last quarter. Comerica Bank boosted its stake in Landauer by 3.9% in the 1st quarter. Comerica Bank now owns 10,623 shares of the scientific and technical instruments company’s stock worth $568,000 after purchasing an additional 398 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in Landauer by 4.9% in the 1st quarter. Ameriprise Financial Inc. now owns 50,226 shares of the scientific and technical instruments company’s stock worth $2,448,000 after purchasing an additional 2,325 shares in the last quarter. Institutional investors own 80.99% of the company’s stock.
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Landauer, Inc is a provider of technical and analytical services to determine occupational and environmental radiation exposure. The Company is a provider of outsourced medical physics services, and a provider of radiology related medical products. The Company operates through three segments: Radiation Measurement, Medical Physics and Medical Products.
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