Smith-Midland Co. (NASDAQ:SMID) Shares Purchased by Thompson Davis & CO. Inc.

Thompson Davis & CO. Inc. increased its stake in shares of Smith-Midland Co. (NASDAQ:SMID) by 10.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,356,453 shares of the company’s stock after purchasing an additional 125,873 shares during the period. Smith-Midland accounts for about 45.6% of Thompson Davis & CO. Inc.’s holdings, making the stock its biggest position. Thompson Davis & CO. Inc. owned about 0.26% of Smith-Midland worth $53,580,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Heritage Investors Management Corp raised its holdings in Smith-Midland by 6.9% in the 3rd quarter. Heritage Investors Management Corp now owns 44,268 shares of the company’s stock valued at $839,000 after acquiring an additional 2,870 shares during the last quarter. Institutional investors and hedge funds own 49.94% of the company’s stock.

Smith-Midland Trading Down 1.6 %

SMID traded down $0.58 during trading on Tuesday, hitting $35.72. The company’s stock had a trading volume of 16,102 shares, compared to its average volume of 25,678. The firm’s 50 day moving average price is $40.56 and its 200-day moving average price is $35.86. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.31 and a quick ratio of 1.99. The stock has a market cap of $187.78 million, a PE ratio of 330.00 and a beta of 1.20. Smith-Midland Co. has a twelve month low of $15.23 and a twelve month high of $48.87.

Smith-Midland Company Profile

Smith-Midland Corporation, through its subsidiaries, invents, develops, manufactures, markets, leases, licenses, sells, and installs precast concrete products and systems primarily for use in the construction, highway, utilities, and farming industries. It offers SlenderWall, a patented, lightweight, energy efficient concrete and steel exterior wall panel for use in building construction; Sierra Wall that provides sound and sight barrier for use alongside highways around residential, industrial, and commercial properties; J-J Hooks highway safety barriers for use on roadways to separate lanes of traffic in construction work zone or traffic control purposes; and Easi-Set precast building and Easi-Span expandable precast buildings for use in housing communications operations, traffic control systems, and mechanical and electrical stations.