2,759 Shares in Standex International Corporation (NYSE:SXI) Bought by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Standex International Corporation (NYSE:SXI - Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund purchased 2,759 shares of the industrial products company's stock, valued at approximately $445,000.

Other large investors have also bought and sold shares of the company. Whittier Trust Co. raised its holdings in shares of Standex International by 46.3% in the first quarter. Whittier Trust Co. now owns 218 shares of the industrial products company's stock valued at $35,000 after purchasing an additional 69 shares during the last quarter. TD Private Client Wealth LLC boosted its stake in shares of Standex International by 29.9% during the 1st quarter. TD Private Client Wealth LLC now owns 330 shares of the industrial products company's stock worth $53,000 after buying an additional 76 shares during the last quarter. Versant Capital Management Inc grew its holdings in shares of Standex International by 25.9% in the 1st quarter. Versant Capital Management Inc now owns 379 shares of the industrial products company's stock valued at $61,000 after acquiring an additional 78 shares in the last quarter. Moody National Bank Trust Division raised its holdings in Standex International by 6.8% during the first quarter. Moody National Bank Trust Division now owns 1,415 shares of the industrial products company's stock worth $228,000 after acquiring an additional 90 shares in the last quarter. Finally, Keeley Teton Advisors LLC boosted its position in Standex International by 3.4% during the fourth quarter. Keeley Teton Advisors LLC now owns 3,022 shares of the industrial products company's stock valued at $565,000 after purchasing an additional 99 shares during the last quarter. 90.35% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

SXI has been the subject of several recent analyst reports. Roth Capital reissued a "buy" rating and issued a $205.00 price objective (up previously from $175.00) on shares of Standex International in a report on Monday. Wall Street Zen cut shares of Standex International from a "buy" rating to a "hold" rating in a report on Saturday, August 2nd. Barrington Research restated an "outperform" rating and issued a $220.00 price objective on shares of Standex International in a research note on Tuesday, July 29th. Finally, DA Davidson increased their price target on Standex International from $200.00 to $219.00 and gave the company a "buy" rating in a research note on Monday. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, Standex International has a consensus rating of "Moderate Buy" and an average target price of $223.50.

Insider Buying and Selling at Standex International

In other Standex International news, Director Barbara Joanne Edwards sold 355 shares of the business's stock in a transaction dated Wednesday, May 14th. The stock was sold at an average price of $156.13, for a total transaction of $55,426.15. Following the completion of the transaction, the director owned 5,259 shares of the company's stock, valued at approximately $821,087.67. The trade was a 6.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.10% of the stock is currently owned by corporate insiders.

Standex International Stock Performance

SXI traded down $2.00 during trading on Thursday, hitting $191.60. The stock had a trading volume of 58,492 shares, compared to its average volume of 88,152. The company has a debt-to-equity ratio of 0.78, a current ratio of 2.88 and a quick ratio of 2.56. The firm has a market cap of $2.31 billion, a price-to-earnings ratio of 41.29, a P/E/G ratio of 2.47 and a beta of 1.11. The company has a 50 day moving average price of $161.23 and a 200-day moving average price of $164.52. Standex International Corporation has a one year low of $128.85 and a one year high of $212.65.

Standex International (NYSE:SXI - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The industrial products company reported $2.28 EPS for the quarter, topping analysts' consensus estimates of $2.10 by $0.18. The company had revenue of $222.05 million for the quarter, compared to analysts' expectations of $214.44 million. Standex International had a return on equity of 13.92% and a net margin of 7.06%. Standex International's revenue was up 23.2% on a year-over-year basis. During the same quarter last year, the business earned $1.76 earnings per share. As a group, research analysts predict that Standex International Corporation will post 7.9 EPS for the current year.

Standex International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 22nd. Stockholders of record on Friday, August 8th will be issued a dividend of $0.32 per share. The ex-dividend date of this dividend is Friday, August 8th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.7%. Standex International's payout ratio is 27.59%.

About Standex International

Standex International Corporation, together with subsidiaries, engages in the manufacture and sale of various products and services for commercial and industrial markets in the United States and internationally. It operates through five segments: Electronics, Engraving, Scientific, Engineering Technologies, and Specialty Solutions.