Lawson Kroeker Investment Management Inc. NE Has $226,000 Stock Position in Mistras Group Inc (NYSE:MG)

Lawson Kroeker Investment Management Inc. NE lessened its holdings in shares of Mistras Group Inc (NYSE:MG - Free Report) by 79.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,362 shares of the technology company's stock after selling 82,909 shares during the quarter. Lawson Kroeker Investment Management Inc. NE owned approximately 0.07% of Mistras Group worth $226,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Tower Research Capital LLC TRC increased its stake in shares of Mistras Group by 447.2% in the fourth quarter. Tower Research Capital LLC TRC now owns 5,379 shares of the technology company's stock worth $49,000 after acquiring an additional 4,396 shares during the last quarter. Heck Capital Advisors LLC purchased a new position in Mistras Group in the fourth quarter valued at about $50,000. Sherbrooke Park Advisers LLC acquired a new position in Mistras Group in the 4th quarter worth about $96,000. EntryPoint Capital LLC acquired a new position in Mistras Group in the 4th quarter worth about $102,000. Finally, Voya Investment Management LLC acquired a new stake in shares of Mistras Group during the 4th quarter valued at about $124,000. Institutional investors and hedge funds own 74.92% of the company's stock.

Mistras Group Stock Down 0.3%

MG stock traded down $0.02 during trading hours on Wednesday, hitting $8.01. The company's stock had a trading volume of 67,299 shares, compared to its average volume of 146,384. The stock has a 50 day moving average price of $8.05 and a two-hundred day moving average price of $9.10. Mistras Group Inc has a 12 month low of $7.06 and a 12 month high of $12.44. The company has a market capitalization of $250.89 million, a PE ratio of 17.04, a price-to-earnings-growth ratio of 0.67 and a beta of 1.37. The company has a quick ratio of 1.38, a current ratio of 1.50 and a debt-to-equity ratio of 0.88.

Mistras Group (NYSE:MG - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The technology company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.16 by ($0.17). The business had revenue of $161.62 million during the quarter, compared to the consensus estimate of $180.70 million. Mistras Group had a return on equity of 10.16% and a net margin of 2.10%. On average, equities research analysts expect that Mistras Group Inc will post 0.71 earnings per share for the current year.

Analyst Ratings Changes

Separately, Wall Street Zen cut Mistras Group from a "buy" rating to a "hold" rating in a research note on Saturday, May 17th.

Mistras Group Company Profile

Mistras Group, Inc provides technology-enabled asset protection solutions in the United States, other Americas, Europe, and the Asia-Pacific. The company offers non-destructive testing services; inline inspection for pipelines; and plant condition management software. It also provides maintenance and light mechanical services, such as corrosion removal, mitigation and prevention, insulation installation and removal, electrical, heat tracing, industrial cleaning, pipefitting, and welding; engineering consulting services primarily for process equipment, technologies, and facilities; and utilizes scaffolding and rope access to access at-height and confined assets.