GRT Capital Partners L.L.C. held its position in shares of Safeguard Scientifics, Inc. (NYSE:SFE) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,954 shares of the asset manager’s stock at the end of the 2nd quarter. GRT Capital Partners L.L.C. owned about 0.15% of Safeguard Scientifics worth $356,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also bought and sold shares of the business. Teachers Advisors LLC grew its position in Safeguard Scientifics by 9.0% in the second quarter. Teachers Advisors LLC now owns 38,955 shares of the asset manager’s stock worth $464,000 after acquiring an additional 3,228 shares in the last quarter. Alliancebernstein L.P. grew its position in Safeguard Scientifics by 27.4% in the second quarter. Alliancebernstein L.P. now owns 14,430 shares of the asset manager’s stock worth $172,000 after acquiring an additional 3,100 shares in the last quarter. Wells Fargo & Company MN grew its position in Safeguard Scientifics by 26.2% in the second quarter. Wells Fargo & Company MN now owns 20,133 shares of the asset manager’s stock worth $240,000 after acquiring an additional 4,182 shares in the last quarter. Prudential Financial Inc. grew its position in Safeguard Scientifics by 60.7% in the second quarter. Prudential Financial Inc. now owns 27,281 shares of the asset manager’s stock worth $325,000 after acquiring an additional 10,300 shares in the last quarter. Finally, Goodman Financial Corp grew its position in Safeguard Scientifics by 3.7% in the second quarter. Goodman Financial Corp now owns 303,216 shares of the asset manager’s stock worth $3,608,000 after acquiring an additional 10,852 shares in the last quarter. 77.59% of the stock is owned by institutional investors.

ILLEGAL ACTIVITY WARNING: “GRT Capital Partners L.L.C. Continues to Hold Position in Safeguard Scientifics, Inc. (SFE)” was first published by Daily Political and is owned by of Daily Political. If you are accessing this news story on another site, it was illegally copied and reposted in violation of international trademark & copyright legislation. The correct version of this news story can be viewed at https://www.dailypolitical.com/2017/09/14/grt-capital-partners-l-l-c-continues-to-hold-position-in-safeguard-scientifics-inc-sfe.html.

Safeguard Scientifics, Inc. (SFE) traded down 0.3946% during midday trading on Thursday, hitting $12.9487. 1,634 shares of the stock traded hands. The stock’s market capitalization is $264.32 million. Safeguard Scientifics, Inc. has a 12-month low of $10.60 and a 12-month high of $14.10. The firm’s 50 day moving average is $12.04 and its 200-day moving average is $12.02.

Safeguard Scientifics (NYSE:SFE) last posted its earnings results on Thursday, July 27th. The asset manager reported ($1.43) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($1.11) by ($0.32). During the same period in the prior year, the business earned $1.92 earnings per share. On average, analysts anticipate that Safeguard Scientifics, Inc. will post ($3.49) EPS for the current fiscal year.

SFE has been the subject of several recent research reports. ValuEngine raised shares of Safeguard Scientifics from a “strong sell” rating to a “sell” rating in a research report on Friday, September 1st. Zacks Investment Research downgraded shares of Safeguard Scientifics from a “hold” rating to a “sell” rating in a research report on Wednesday, August 2nd. Finally, BidaskClub downgraded shares of Safeguard Scientifics from a “buy” rating to a “hold” rating in a research report on Tuesday, July 25th.

Safeguard Scientifics Profile

Safeguard Scientifics, Inc is engaged in providing capital to technology companies within the fields of healthcare, financial services and digital media. The Company holds interest in companies, which it refers to as partner companies. As of December 31, 2016, the Company held interests in 29 non-consolidated partner companies.

Want to see what other hedge funds are holding SFE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Safeguard Scientifics, Inc. (NYSE:SFE).

Institutional Ownership by Quarter for Safeguard Scientifics (NYSE:SFE)

Receive News & Ratings for Safeguard Scientifics Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Safeguard Scientifics Inc. and related companies with MarketBeat.com's FREE daily email newsletter.