Cornerstone Capital Management Holdings LLC. Has $852,000 Holdings in L.B. Foster Co (FSTR)

Cornerstone Capital Management Holdings LLC. raised its position in shares of L.B. Foster Co (NASDAQ:FSTR) by 93.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 37,500 shares of the basic materials company’s stock after purchasing an additional 18,100 shares during the quarter. Cornerstone Capital Management Holdings LLC. owned 0.36% of L.B. Foster worth $852,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the business. OxFORD Asset Management LLP purchased a new position in L.B. Foster during the third quarter valued at approximately $304,000. Malaga Cove Capital LLC raised its position in shares of L.B. Foster by 56.1% during the third quarter. Malaga Cove Capital LLC now owns 20,610 shares of the basic materials company’s stock valued at $475,000 after buying an additional 7,403 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in shares of L.B. Foster during the third quarter valued at approximately $446,000. Rhumbline Advisers bought a new stake in shares of L.B. Foster during the third quarter valued at approximately $202,000. Finally, Morgan Dempsey Capital Management LLC raised its position in shares of L.B. Foster by 3.0% during the third quarter. Morgan Dempsey Capital Management LLC now owns 79,317 shares of the basic materials company’s stock valued at $1,780,000 after buying an additional 2,345 shares during the last quarter. 71.51% of the stock is currently owned by institutional investors and hedge funds.

Shares of L.B. Foster Co (NASDAQ FSTR) opened at $25.45 on Monday. The stock has a market cap of $260.61, a P/E ratio of -7.07 and a beta of 2.32. The company has a current ratio of 2.10, a quick ratio of 1.15 and a debt-to-equity ratio of 0.89. L.B. Foster Co has a 1 year low of $11.80 and a 1 year high of $26.30.

L.B. Foster (NASDAQ:FSTR) last released its quarterly earnings data on Tuesday, November 7th. The basic materials company reported $0.31 earnings per share (EPS) for the quarter. The firm had revenue of $131.49 million for the quarter. L.B. Foster had a net margin of 2.45% and a return on equity of 9.19%.

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L.B. Foster Company Profile

L.B. Foster Company is a manufacturer, fabricator and distributor of products and services for the rail, construction, energy and utility markets. The Company’s segments include Rail Products and Services, Construction Products, and Tubular and Energy Services. Its Rail Products segment provides a range of new and used rail, trackwork and accessories to railroads, mines and industry.

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Institutional Ownership by Quarter for L.B. Foster (NASDAQ:FSTR)

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