Gamco Investors INC. ET AL grew its holdings in shares of Ampco-Pittsburgh Corp (NYSE:AP) by 0.7% in the first quarter, HoldingsChannel.com reports. The fund owned 1,438,575 shares of the industrial products company’s stock after buying an additional 10,246 shares during the period. Gamco Investors INC. ET AL owned approximately 0.12% of Ampco-Pittsburgh worth $12,803,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in AP. Dimensional Fund Advisors LP boosted its position in Ampco-Pittsburgh by 6.1% during the 3rd quarter. Dimensional Fund Advisors LP now owns 633,265 shares of the industrial products company’s stock worth $11,020,000 after acquiring an additional 36,417 shares during the period. Wells Fargo & Company MN lifted its holdings in shares of Ampco-Pittsburgh by 137.8% in the fourth quarter. Wells Fargo & Company MN now owns 14,950 shares of the industrial products company’s stock valued at $185,000 after buying an additional 8,664 shares during the period. BlackRock Inc. lifted its holdings in shares of Ampco-Pittsburgh by 2.7% in the fourth quarter. BlackRock Inc. now owns 600,154 shares of the industrial products company’s stock valued at $7,442,000 after buying an additional 15,807 shares during the period. Adirondack Research & Management Inc. lifted its holdings in shares of Ampco-Pittsburgh by 41.5% in the fourth quarter. Adirondack Research & Management Inc. now owns 83,141 shares of the industrial products company’s stock valued at $1,031,000 after buying an additional 24,386 shares during the period. Finally, Renaissance Technologies LLC lifted its holdings in shares of Ampco-Pittsburgh by 2.5% in the fourth quarter. Renaissance Technologies LLC now owns 271,200 shares of the industrial products company’s stock valued at $3,363,000 after buying an additional 6,700 shares during the period. Institutional investors own 58.41% of the company’s stock.

In other news, major shareholder Louis Berkman Investment Co sold 2,300 shares of the company’s stock in a transaction on Monday, March 5th. The stock was sold at an average price of $11.00, for a total value of $25,300.00. Following the completion of the sale, the insider now owns 1,355,423 shares in the company, valued at $14,909,653. The sale was disclosed in a legal filing with the SEC, which is available at this link. In the last 90 days, insiders sold 63,792 shares of company stock valued at $706,636. Insiders own 29.90% of the company’s stock.

Several analysts have recently weighed in on AP shares. ValuEngine lowered Ampco-Pittsburgh from a “hold” rating to a “sell” rating in a report on Saturday, February 3rd. Zacks Investment Research upgraded Ampco-Pittsburgh from a “sell” rating to a “hold” rating in a report on Friday, February 16th.

Shares of Ampco-Pittsburgh opened at $9.80 on Friday, MarketBeat Ratings reports. The company has a current ratio of 1.52, a quick ratio of 0.82 and a debt-to-equity ratio of 0.23. Ampco-Pittsburgh Corp has a fifty-two week low of $8.49 and a fifty-two week high of $18.59.

Ampco-Pittsburgh (NYSE:AP) last announced its quarterly earnings data on Wednesday, March 14th. The industrial products company reported ($0.13) earnings per share for the quarter. The firm had revenue of $114.40 million during the quarter, compared to analyst estimates of $109.00 million. Ampco-Pittsburgh had a negative net margin of 1.44% and a negative return on equity of 3.02%. analysts predict that Ampco-Pittsburgh Corp will post 0.51 EPS for the current year.

About Ampco-Pittsburgh

Ampco-Pittsburgh Corporation, together with its subsidiaries, manufactures and sells custom designed engineering products to commercial and industrial users worldwide. The company operates in two segments, Forged and Cast Engineered Products; and Air and Liquid Processing. The Forged and Cast Engineered Products segment produces forged hardened steel rolls that are used in cold rolling by producers of steel, aluminum, and other metals; ingot and open-die forged products for use in the oil and gas, and the aluminum and plastic extrusion industries; and cast rolls for hot and cold strip mills, medium/heavy section mills, hot strip finishing, roughing mills, and plate mills in various iron and steel qualities.

Want to see what other hedge funds are holding AP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ampco-Pittsburgh Corp (NYSE:AP).

Institutional Ownership by Quarter for Ampco-Pittsburgh (NYSE:AP)

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