Shepherd Kaplan Krochuk LLC Trims Stake in SIFCO Industries Inc (SIF)
Shepherd Kaplan Krochuk LLC reduced its stake in shares of SIFCO Industries Inc (NYSEAMERICAN:SIF) by 44.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 24,996 shares of the aerospace company’s stock after selling 19,914 shares during the quarter. Shepherd Kaplan Krochuk LLC owned about 0.44% of SIFCO Industries worth $134,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently modified their holdings of the business. Cove Street Capital LLC increased its stake in SIFCO Industries by 16.3% during the second quarter. Cove Street Capital LLC now owns 192,841 shares of the aerospace company’s stock worth $1,022,000 after acquiring an additional 26,982 shares during the last quarter. Minerva Advisors LLC increased its stake in SIFCO Industries by 69.8% during the second quarter. Minerva Advisors LLC now owns 178,335 shares of the aerospace company’s stock worth $967,000 after acquiring an additional 73,300 shares during the last quarter. Finally, Signature Financial Management Inc. bought a new stake in SIFCO Industries during the first quarter worth approximately $165,000.
Shares of NYSEAMERICAN SIF opened at $5.25 on Friday. SIFCO Industries Inc has a 52-week low of $4.80 and a 52-week high of $7.95.
SIFCO Industries, Inc produces and sells forgings and machined components primarily for the aerospace and energy markets in the United States and Europe. The company's processes and services include forging, heat-treating, and machining. It offers original equipment manufacturers and aftermarket components for aircraft and industrial gas turbine engines; steam turbine blades; structural airframe components; aircraft landing gear components; aircraft wheels and brakes; rotating components for helicopters; and commercial/industrial products.
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