Gamco Investors INC. ET AL Trims Stake in Lawson Products, Inc. (NASDAQ:LAWS)

Gamco Investors INC. ET AL trimmed its holdings in shares of Lawson Products, Inc. (NASDAQ:LAWSGet Rating) by 1.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 134,300 shares of the industrial products company’s stock after selling 2,200 shares during the quarter. Gamco Investors INC. ET AL owned about 1.48% of Lawson Products worth $7,353,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Royal Bank of Canada grew its position in Lawson Products by 58.8% during the third quarter. Royal Bank of Canada now owns 548 shares of the industrial products company’s stock worth $27,000 after buying an additional 203 shares in the last quarter. BNP Paribas Arbitrage SA grew its position in Lawson Products by 384.7% during the third quarter. BNP Paribas Arbitrage SA now owns 950 shares of the industrial products company’s stock worth $48,000 after buying an additional 754 shares in the last quarter. Citigroup Inc. grew its position in Lawson Products by 114.6% during the fourth quarter. Citigroup Inc. now owns 1,187 shares of the industrial products company’s stock worth $65,000 after buying an additional 634 shares in the last quarter. Metropolitan Life Insurance Co NY purchased a new position in Lawson Products during the third quarter worth about $66,000. Finally, Barclays PLC lifted its stake in Lawson Products by 223.1% during the third quarter. Barclays PLC now owns 1,945 shares of the industrial products company’s stock worth $98,000 after purchasing an additional 1,343 shares during the last quarter. Institutional investors and hedge funds own 88.18% of the company’s stock.

Several brokerages have issued reports on LAWS. TheStreet lowered Lawson Products from a “b” rating to a “c+” rating in a research note on Thursday, February 24th. StockNews.com assumed coverage on Lawson Products in a research note on Thursday. They issued a “buy” rating for the company.

NASDAQ LAWS opened at $40.42 on Monday. Lawson Products, Inc. has a 1-year low of $33.92 and a 1-year high of $62.10. The company has a current ratio of 2.05, a quick ratio of 0.97 and a debt-to-equity ratio of 0.11. The stock has a 50-day moving average of $37.67 and a 200-day moving average of $44.62. The firm has a market cap of $368.47 million, a PE ratio of 25.75 and a beta of 0.98.

Lawson Products (NASDAQ:LAWSGet Rating) last released its quarterly earnings results on Thursday, February 24th. The industrial products company reported $0.22 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.20). The business had revenue of $102.07 million for the quarter, compared to the consensus estimate of $102.39 million. Lawson Products had a net margin of 3.42% and a return on equity of 20.28%. As a group, equities research analysts forecast that Lawson Products, Inc. will post 2.23 earnings per share for the current fiscal year.

About Lawson Products (Get Rating)

Lawson Products, Inc sells and distributes specialty products to the industrial, commercial, institutional, and government maintenance, repair, and operations market. It sells its products to customers in the United States, Puerto Rico, Canada, Mexico, and the Caribbean. The company was founded in 1952 and is headquartered in Chicago, Illinois.

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Institutional Ownership by Quarter for Lawson Products (NASDAQ:LAWS)

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