Synalloy Corporation (SYNL) Stake Held by Markel Corp

Markel Corp held its position in Synalloy Corporation (NASDAQ:SYNL) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 414,804 shares of the industrial products company’s stock at the end of the second quarter. Markel Corp owned about 4.78% of Synalloy Corporation worth $4,691,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of SYNL. Deprince Race & Zollo Inc. raised its stake in Synalloy Corporation by 0.4% in the first quarter. Deprince Race & Zollo Inc. now owns 482,186 shares of the industrial products company’s stock valued at $5,907,000 after buying an additional 1,888 shares during the last quarter. Royce & Associates LP raised its stake in Synalloy Corporation by 0.6% in the first quarter. Royce & Associates LP now owns 632,333 shares of the industrial products company’s stock worth $7,746,000 after buying an additional 3,800 shares during the last quarter. Renaissance Technologies LLC raised its stake in Synalloy Corporation by 5.0% in the fourth quarter. Renaissance Technologies LLC now owns 173,700 shares of the industrial products company’s stock worth $1,902,000 after buying an additional 8,200 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in Synalloy Corporation by 2.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 391,908 shares of the industrial products company’s stock worth $4,291,000 after buying an additional 9,091 shares during the last quarter. 47.09% of the stock is currently owned by institutional investors.

Synalloy Corporation (NASDAQ:SYNL) opened at 11.15 on Friday. Synalloy Corporation has a 1-year low of $6.90 and a 1-year high of $13.75. The firm’s 50-day moving average is $11.05 and its 200-day moving average is $11.61. The company’s market capitalization is $97.18 million.

Synalloy Corporation (NASDAQ:SYNL) last announced its earnings results on Tuesday, August 8th. The industrial products company reported $0.23 earnings per share (EPS) for the quarter. Synalloy Corporation had a negative net margin of 1.54% and a positive return on equity of 0.64%. The business had revenue of $51.51 million for the quarter. Equities research analysts predict that Synalloy Corporation will post $0.05 EPS for the current year.

ILLEGAL ACTIVITY NOTICE: This report was first published by Community Financial News and is owned by of Community Financial News. If you are accessing this report on another website, it was illegally copied and reposted in violation of international trademark & copyright legislation. The original version of this report can be read at https://www.com-unik.info/2017/08/19/markel-corp-has-4691000-position-in-synalloy-co-synl-updated-updated.html.

In other news, insider Fund Lp Privet bought 19,280 shares of Synalloy Corporation stock in a transaction dated Tuesday, June 20th. The shares were bought at an average price of $11.12 per share, for a total transaction of $214,393.60. Following the purchase, the insider now owns 49,086 shares of the company’s stock, valued at $545,836.32. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Craig C. Bram bought 7,061 shares of Synalloy Corporation stock in a transaction dated Friday, August 11th. The stock was purchased at an average price of $10.84 per share, for a total transaction of $76,541.24. Following the purchase, the chief executive officer now directly owns 177,802 shares in the company, valued at approximately $1,927,373.68. The disclosure for this purchase can be found here. Insiders have purchased 27,041 shares of company stock worth $298,635 in the last ninety days. 10.60% of the stock is currently owned by insiders.

Synalloy Corporation Company Profile

Synalloy Corporation is a chemical manufacturing company. The Company operates through two segments: the Metals Segment and the Specialty Chemicals Segment. The Company’s Metals Segment comprises three subsidiaries: Synalloy Metals, Inc, which owns Bristol Metals, LLC (BRISMET), located in Bristol, Tennessee; Palmer of Texas Tanks, Inc (Palmer), located in Andrews, Texas; and Specialty Pipe & Tube, Inc (Specialty), located in Mineral Ridge, Ohio and Houston, Texas.

Institutional Ownership by Quarter for Synalloy Corporation (NASDAQ:SYNL)

What are top analysts saying about Synalloy Corporation? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Synalloy Corporation and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit