8,700 Shares in Power Solutions International, Inc. $PSIX Bought by Militia Capital Partners LP

Militia Capital Partners LP purchased a new stake in Power Solutions International, Inc. (NASDAQ:PSIX) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 8,700 shares of the company’s stock, valued at approximately $855,000.

Other large investors have also bought and sold shares of the company. Goldman Sachs Group Inc. bought a new stake in shares of Power Solutions International in the 1st quarter worth $625,000. Acadian Asset Management LLC bought a new position in shares of Power Solutions International during the first quarter valued at about $112,000. Geode Capital Management LLC lifted its position in shares of Power Solutions International by 102.2% during the second quarter. Geode Capital Management LLC now owns 154,383 shares of the company’s stock valued at $9,987,000 after purchasing an additional 78,034 shares in the last quarter. Police & Firemen s Retirement System of New Jersey purchased a new position in Power Solutions International during the second quarter worth about $92,000. Finally, Creative Planning purchased a new position in Power Solutions International during the second quarter worth about $687,000. 22.28% of the stock is currently owned by institutional investors.

Power Solutions International Price Performance

Shares of NASDAQ:PSIX opened at $59.26 on Tuesday. The company’s 50-day moving average is $75.28 and its 200 day moving average is $76.55. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.77 and a current ratio of 3.15. The company has a market capitalization of $1.37 billion, a P/E ratio of 11.97 and a beta of 2.04. Power Solutions International, Inc. has a fifty-two week low of $18.10 and a fifty-two week high of $121.78.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on PSIX shares. Loop Capital set a $107.00 price objective on shares of Power Solutions International in a research note on Wednesday, March 4th. Jefferies Financial Group initiated coverage on Power Solutions International in a research note on Monday, December 1st. They issued a “buy” rating and a $110.51 target price on the stock. Wall Street Zen lowered Power Solutions International from a “buy” rating to a “hold” rating in a report on Saturday, March 7th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Power Solutions International in a research report on Monday, December 29th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Power Solutions International currently has a consensus rating of “Moderate Buy” and an average price target of $104.26.

Power Solutions International Company Profile

Power Solutions International, Inc is a global designer and manufacturer of integrated powertrain solutions for commercial vehicle, industrial and military applications. Headquartered in Wood Dale, Illinois, the company develops and assembles advanced diesel engine and transmission packages under the Atlas® brand, combining proprietary engine technology with high-efficiency transmissions to deliver power-dense systems. These solutions are tailored for medium- and heavy-duty trucks, buses, construction equipment, generator sets and specialty vehicles.

In addition to complete powertrain systems, the company offers a broad range of component products including diesel engines, transmissions and aftertreatment modules.