De Lisle Partners LLP Purchases 15,950 Shares of Taylor Devices, Inc. (NASDAQ:TAYD)

Key Points

• De Lisle Partners LLP increased its holdings in Taylor Devices, Inc. by 60.6% in Q1, owning approximately 1.35% of the company worth $1.37 million.
• Several institutional investors, including JPMorgan Chase & Co. and Dimensional Fund Advisors LP, have also significantly increased their stakes in Taylor Devices during recent quarters.
• Wall Street analysts upgraded Taylor Devices from a "hold" rating to a "buy" rating, indicating positive growth expectations for the company.

De Lisle Partners LLP grew its holdings in Taylor Devices, Inc. (NASDAQ:TAYD - Free Report) by 60.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 42,276 shares of the industrial products company's stock after purchasing an additional 15,950 shares during the period. De Lisle Partners LLP owned about 1.35% of Taylor Devices worth $1,374,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Bank of New York Mellon Corp bought a new stake in shares of Taylor Devices in the 1st quarter worth $212,000. Courier Capital LLC increased its holdings in shares of Taylor Devices by 1.0% in the 1st quarter. Courier Capital LLC now owns 48,221 shares of the industrial products company's stock worth $1,556,000 after purchasing an additional 500 shares in the last quarter. Rhumbline Advisers grew its holdings in shares of Taylor Devices by 24.8% in the first quarter. Rhumbline Advisers now owns 2,357 shares of the industrial products company's stock worth $76,000 after acquiring an additional 468 shares during the period. GAMMA Investing LLC grew its holdings in shares of Taylor Devices by 3,746.2% in the first quarter. GAMMA Investing LLC now owns 1,000 shares of the industrial products company's stock worth $31,000 after acquiring an additional 974 shares during the period. Finally, Bank of America Corp DE grew its holdings in shares of Taylor Devices by 57.1% in the fourth quarter. Bank of America Corp DE now owns 2,800 shares of the industrial products company's stock worth $117,000 after acquiring an additional 1,018 shares during the period. Institutional investors own 17.62% of the company's stock.

Taylor Devices Price Performance

Shares of TAYD traded down $0.72 during trading hours on Friday, hitting $44.38. The stock had a trading volume of 4,174 shares, compared to its average volume of 23,624. Taylor Devices, Inc. has a 12 month low of $29.50 and a 12 month high of $64.50. The firm has a market capitalization of $139.35 million, a PE ratio of 17.75 and a beta of 0.87. The stock has a fifty day moving average price of $41.51 and a 200 day moving average price of $35.94.

Taylor Devices Company Profile

Taylor Devices, Inc engages in design, development, manufacture, and marketing of shock absorption, rate control, and energy storage devices for use in machinery, equipment, and structures in the United States, Asia, and internationally. Its products include seismic dampers that are designed to mitigate the effects of earthquakes on structures; Fluidicshoks, which are compact shock absorbers primarily used in defense, aerospace, and commercial industries; and crane and industrial buffers, which are larger versions of the Fluidicshoks for industrial application on cranes and crane trolleys, truck docks, ladle and ingot cars, ore trolleys, and train car stops.