Safeguard Scientifics, Inc (SFE) Shares Bought by Goodman Financial Corp

Goodman Financial Corp grew its position in shares of Safeguard Scientifics, Inc (NYSE:SFE) by 3.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 342,300 shares of the asset manager’s stock after acquiring an additional 11,744 shares during the quarter. Safeguard Scientifics comprises 1.7% of Goodman Financial Corp’s portfolio, making the stock its 27th biggest position. Goodman Financial Corp’s holdings in Safeguard Scientifics were worth $3,834,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in SFE. Bank of New York Mellon Corp boosted its holdings in Safeguard Scientifics by 0.5% in the second quarter. Bank of New York Mellon Corp now owns 101,819 shares of the asset manager’s stock valued at $1,212,000 after purchasing an additional 469 shares during the last quarter. Parametric Portfolio Associates LLC boosted its holdings in Safeguard Scientifics by 3.1% in the second quarter. Parametric Portfolio Associates LLC now owns 17,132 shares of the asset manager’s stock valued at $204,000 after purchasing an additional 513 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its holdings in Safeguard Scientifics by 0.7% in the second quarter. Schwab Charles Investment Management Inc. now owns 87,327 shares of the asset manager’s stock valued at $1,040,000 after purchasing an additional 570 shares during the last quarter. Nationwide Fund Advisors boosted its holdings in Safeguard Scientifics by 7.6% in the second quarter. Nationwide Fund Advisors now owns 14,195 shares of the asset manager’s stock valued at $169,000 after purchasing an additional 1,006 shares during the last quarter. Finally, Voya Investment Management LLC boosted its holdings in Safeguard Scientifics by 12.8% in the second quarter. Voya Investment Management LLC now owns 16,710 shares of the asset manager’s stock valued at $199,000 after purchasing an additional 1,896 shares during the last quarter. Institutional investors own 76.35% of the company’s stock.

A number of research analysts recently commented on SFE shares. Keefe, Bruyette & Woods reissued a “mkt perform” rating and issued a $13.25 price target on shares of Safeguard Scientifics in a report on Wednesday, December 6th. Zacks Investment Research downgraded Safeguard Scientifics from a “buy” rating to a “hold” rating in a report on Tuesday, January 2nd. Finally, ValuEngine downgraded Safeguard Scientifics from a “hold” rating to a “sell” rating in a report on Tuesday, November 14th.

Safeguard Scientifics, Inc (SFE) opened at $12.60 on Friday. Safeguard Scientifics, Inc has a 1-year low of $10.65 and a 1-year high of $14.40. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.45.

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Safeguard Scientifics Profile

Safeguard Scientifics, Inc is engaged in providing capital to technology companies within the fields of healthcare, financial services and digital media. The Company holds interest in companies, which it refers to as partner companies. As of December 31, 2016, the Company held interests in 29 non-consolidated partner companies.

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Institutional Ownership by Quarter for Safeguard Scientifics (NYSE:SFE)

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