Diamond Hill Capital Management Inc. lifted its holdings in shares of AstroNova, Inc. (NASDAQ:ALOT – Free Report) by 22.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 83,544 shares of the business services provider’s stock after purchasing an additional 15,544 shares during the quarter. Diamond Hill Capital Management Inc. owned 1.11% of AstroNova worth $1,003,000 at the end of the most recent quarter.
Separately, Geode Capital Management LLC grew its holdings in shares of AstroNova by 10.5% during the third quarter. Geode Capital Management LLC now owns 69,309 shares of the business services provider’s stock worth $933,000 after purchasing an additional 6,592 shares in the last quarter. Institutional investors and hedge funds own 43.02% of the company’s stock.
Wall Street Analyst Weigh In
Separately, StockNews.com started coverage on AstroNova in a research report on Sunday, March 9th. They issued a “buy” rating for the company.
AstroNova Stock Performance
NASDAQ:ALOT opened at $10.84 on Friday. The business has a 50 day moving average of $11.45 and a 200 day moving average of $13.15. The company has a market capitalization of $81.61 million, a price-to-earnings ratio of 21.68 and a beta of 0.62. AstroNova, Inc. has a 1-year low of $9.70 and a 1-year high of $18.25. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.83 and a quick ratio of 0.77.
AstroNova (NASDAQ:ALOT – Get Free Report) last released its earnings results on Thursday, December 12th. The business services provider reported $0.06 earnings per share for the quarter. AstroNova had a return on equity of 5.21% and a net margin of 2.49%.
AstroNova Company Profile
AstroNova, Inc designs, develops, manufactures, and distributes specialty printers, and data acquisition and analysis systems in the United States, Europe, Asia, Canada, Central and South America, and internationally. The company operates in two segments, Product Identification (PI) and Test & Measurement (T&M).
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