Thompson Davis & CO. Inc. increased its holdings in shares of Smith-Midland Co. (NASDAQ:SMID - Free Report) by 10.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,356,453 shares of the company's stock after buying an additional 125,873 shares during the quarter. Smith-Midland accounts for about 45.6% of Thompson Davis & CO. Inc.'s portfolio, making the stock its largest position. Thompson Davis & CO. Inc. owned approximately 25.79% of Smith-Midland worth $53,580,000 as of its most recent SEC filing.
Separately, Heritage Investors Management Corp grew its stake in Smith-Midland by 6.9% during the 3rd quarter. Heritage Investors Management Corp now owns 44,268 shares of the company's stock worth $839,000 after buying an additional 2,870 shares during the last quarter. Institutional investors own 49.94% of the company's stock.
Smith-Midland Stock Down 1.6 %
SMID stock traded down $0.58 on Tuesday, hitting $35.72. 16,102 shares of the company's stock were exchanged, compared to its average volume of 25,678. Smith-Midland Co. has a 12-month low of $15.23 and a 12-month high of $48.87. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.99 and a current ratio of 2.31. The stock has a market cap of $187.78 million, a P/E ratio of 330.00 and a beta of 1.20. The firm has a 50 day moving average price of $40.56 and a two-hundred day moving average price of $35.86.
Smith-Midland Profile
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Free Report)
Smith-Midland Corporation, through its subsidiaries, invents, develops, manufactures, markets, leases, licenses, sells, and installs precast concrete products and systems primarily for use in the construction, highway, utilities, and farming industries. It offers SlenderWall, a patented, lightweight, energy efficient concrete and steel exterior wall panel for use in building construction; Sierra Wall that provides sound and sight barrier for use alongside highways around residential, industrial, and commercial properties; J-J Hooks highway safety barriers for use on roadways to separate lanes of traffic in construction work zone or traffic control purposes; and Easi-Set precast building and Easi-Span expandable precast buildings for use in housing communications operations, traffic control systems, and mechanical and electrical stations.
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