New Amsterdam Partners Has Boosted Its Worthington Inds Com (WOR) Holding; Mistras Group (MG) Has 1.03 Sentiment

December 16, 2017 - By Henry Gaston

New Amsterdam Partners Llc increased Worthington Inds Inc Com (WOR) stake by 47.55% reported in 2017Q2 SEC filing. New Amsterdam Partners Llc acquired 46,774 shares as Worthington Inds Inc Com (WOR)’s stock declined 16.41%. The New Amsterdam Partners Llc holds 145,141 shares with $7.29M value, up from 98,367 last quarter. Worthington Inds Inc Com now has $2.66 billion valuation. The stock decreased 0.80% or $0.34 during the last trading session, reaching $42.2. About 81,303 shares traded. Worthington Industries, Inc. (NYSE:WOR) has risen 17.54% since December 16, 2016 and is uptrending. It has outperformed by 0.84% the S&P500.

Mistras Group, Inc. provides technology-enabled asset protection solutions worldwide. The company has market cap of $641.07 million. The firm operates through three divisions: Services; International; and Products and Systems. It currently has negative earnings. It offers traditional non-destructive testing, and inspection and engineering services; and designs, makes, sells, installs, and services acoustic emission sensors, instruments, and turn-key systems used for monitoring and testing materials, pressure components, processes, and structures.

The stock increased 1.84% or $0.41 during the last trading session, reaching $22.66. About 129,337 shares traded or 118.10% up from the average. Mistras Group, Inc. (MG) has declined 10.21% since December 16, 2016 and is downtrending. It has underperformed by 26.91% the S&P500.

Since January 1, 0001, it had 0 insider purchases, and 2 insider sales for $2.00 million activity.

Rutabaga Capital Management Llc Ma holds 3.01% of its portfolio in Mistras Group, Inc. for 733,618 shares. Bernzott Capital Advisors owns 635,161 shares or 2.3% of their US portfolio. Moreover, Broad Run Investment Management Llc has 1.21% invested in the company for 1.58 million shares. The Arkansas-based Forest Hill Capital Llc has invested 0.69% in the stock. Capital Impact Advisors Llc, a Massachusetts-based fund reported 56,929 shares.

New Amsterdam Partners Llc decreased Summit Hotel Pptys (NYSE:INN) stake by 32,405 shares to 330,377 valued at $6.16 million in 2017Q2. It also reduced F5 Networks Inc Com (NASDAQ:FFIV) stake by 36,824 shares and now owns 4,150 shares. Dril (NYSE:DRQ) was reduced too.

Among 3 analysts covering Worthington Industries (NYSE:WOR), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Worthington Industries has $4700 highest and $30 lowest target. $41.50’s average target is -1.66% below currents $42.2 stock price. Worthington Industries had 13 analyst reports since August 27, 2015 according to SRatingsIntel. Macquarie Research downgraded Worthington Industries, Inc. (NYSE:WOR) on Tuesday, November 29 to “Underperform” rating. On Tuesday, March 14 the stock rating was upgraded by Macquarie Research to “Neutral”. On Thursday, June 29 the stock rating was maintained by Jefferies with “Hold”. Jefferies maintained Worthington Industries, Inc. (NYSE:WOR) on Wednesday, September 6 with “Hold” rating. The stock has “Hold” rating by Jefferies on Wednesday, June 14. On Thursday, August 27 the stock rating was downgraded by Zacks to “Hold”. The rating was maintained by Jefferies on Thursday, September 29 with “Hold”. The company was maintained on Thursday, March 30 by Jefferies. JP Morgan maintained Worthington Industries, Inc. (NYSE:WOR) on Thursday, March 24 with “Neutral” rating. As per Wednesday, October 11, the company rating was maintained by Jefferies.

Investors sentiment increased to 1.2 in Q2 2017. Its up 0.41, from 0.79 in 2017Q1. It improved, as 35 investors sold WOR shares while 79 reduced holdings. 29 funds opened positions while 61 raised stakes. 32.56 million shares or 3.98% less from 33.90 million shares in 2017Q1 were reported. 13,190 are owned by Hbk Investments Ltd Partnership. Walleye Trading Ltd stated it has 583 shares. Bb&T owns 51,673 shares or 0.05% of their US portfolio. Morgan Stanley has 161,252 shares for 0% of their portfolio. 38,042 are held by Arbor Investment Ltd Liability Corp. Acadian Asset Mngmt accumulated 48,790 shares or 0.01% of the stock. Stevens Management Limited Partnership invested in 8,181 shares. Bridgeway Cap Mngmt invested in 15,300 shares. Liberty Mutual Group Asset Mgmt Incorporated accumulated 17,306 shares. Commonwealth Of Pennsylvania Public School Empls Retrmt Sys has invested 0% in Worthington Industries, Inc. (NYSE:WOR). Ameriprise Inc holds 125,790 shares. American Grp Inc Inc invested 0.02% in Worthington Industries, Inc. (NYSE:WOR). Keybank Association Oh holds 0% in Worthington Industries, Inc. (NYSE:WOR) or 7,300 shares. Texas Permanent School Fund owns 0.02% invested in Worthington Industries, Inc. (NYSE:WOR) for 32,081 shares. Capital Fund Mngmt Sa invested in 0.06% or 159,332 shares.

Since October 19, 2017, it had 0 insider buys, and 1 insider sale for $337,200 activity. LAMPRINAKOS JOHN G sold $337,200 worth of Worthington Industries, Inc. (NYSE:WOR) on Thursday, October 19.

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