Landauer, Inc. (LDR) Sees Unusually-High Trading Volume
Landauer, Inc. (NYSE:LDR) saw strong trading volume on Thursday . 248,802 shares changed hands during mid-day 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.
Several analysts recently commented on the stock. Zacks Investment Research downgraded shares of Landauer from a “buy” rating to a “hold” rating in a research report on Thursday. BidaskClub upgraded shares of Landauer from a “sell” rating to a “hold” rating in a research report on Tuesday, August 15th. Finally, Hilliard Lyons upgraded shares of Landauer from an “underperform” rating to a “neutral” rating in a research report on Wednesday.
The company has a 50-day moving average price of $59.69 and a 200 day moving average price of $53.58. The stock has a market capitalization of $656.35 million, a P/E ratio of 35.27 and a beta of 1.27.
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, beating the consensus estimate of $0.49 by $0.18. Landauer had a net margin of 12.09% and a return on equity of 80.03%. The company had revenue of $39.89 million during the quarter. Analysts expect that Landauer, Inc. will post $1.95 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 3rd. Stockholders of record on Friday, September 15th will be issued a dividend of $0.275 per share. This represents a $1.10 annualized dividend and a dividend yield of 1.62%. The ex-dividend date is Thursday, September 14th. Landauer’s dividend payout ratio (DPR) is 56.99%.
Institutional investors and hedge funds have recently made changes to their positions in the company. Mason Street Advisors LLC boosted its holdings in shares of Landauer by 7.2% during the first quarter. Mason Street Advisors LLC now owns 2,250 shares of the scientific and technical instruments company’s stock valued at $110,000 after acquiring an additional 151 shares during the period. BNP Paribas Arbitrage SA raised its stake in shares of Landauer by 55.1% during the second quarter. BNP Paribas Arbitrage SA now owns 3,112 shares of the scientific and technical instruments company’s stock valued at $163,000 after purchasing an additional 1,106 shares in the last quarter. Smith Asset Management Group LP bought a new stake in shares of Landauer during the second quarter valued at about $179,000. Louisiana State Employees Retirement System bought a new stake in shares of Landauer during the second quarter valued at about $204,000. Finally, OxFORD Asset Management LLP bought a new stake in shares of Landauer during the second quarter valued at about $218,000. 80.99% of the stock is owned by institutional investors.
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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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