Dimensional Fund Advisors LP lifted its holdings in shares of Tecnoglass Inc. (NASDAQ:TGLS - Free Report) by 1.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 993,514 shares of the company's stock after buying an additional 14,369 shares during the quarter. Dimensional Fund Advisors LP owned about 2.11% of Tecnoglass worth $78,811,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently bought and sold shares of the business. Principal Financial Group Inc. purchased a new stake in shares of Tecnoglass during the third quarter worth $2,211,000. Tidal Investments LLC purchased a new stake in Tecnoglass during the 3rd quarter worth about $585,000. Barclays PLC boosted its stake in Tecnoglass by 32.2% in the 3rd quarter. Barclays PLC now owns 35,376 shares of the company's stock worth $2,429,000 after purchasing an additional 8,613 shares during the period. Jump Financial LLC purchased a new position in Tecnoglass during the 4th quarter valued at about $975,000. Finally, JPMorgan Chase & Co. boosted its position in shares of Tecnoglass by 6.3% in the third quarter. JPMorgan Chase & Co. now owns 19,237 shares of the company's stock valued at $1,321,000 after acquiring an additional 1,146 shares during the period. 37.35% of the stock is owned by institutional investors.
Tecnoglass Price Performance
NASDAQ:TGLS traded down $0.23 during mid-day trading on Monday, hitting $74.16. 32,150 shares of the stock traded hands, compared to its average volume of 362,490. The business's 50-day moving average price is $69.77 and its 200 day moving average price is $74.58. The company has a quick ratio of 1.63, a current ratio of 2.21 and a debt-to-equity ratio of 0.20. The company has a market cap of $3.48 billion, a PE ratio of 23.16 and a beta of 1.85. Tecnoglass Inc. has a 12-month low of $40.94 and a 12-month high of $86.99.
Tecnoglass Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, April 30th. Stockholders of record on Monday, March 31st were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.81%. Tecnoglass's dividend payout ratio (DPR) is currently 17.49%.
About Tecnoglass
(
Free Report)
Tecnoglass Inc manufactures, supplies, and installs architectural glass, windows, and associated aluminum and vinyl products for commercial and residential construction markets in Colombia, the United States, Panama, and internationally. The company provides low emissivity, laminated/thermo-laminated, thermo-acoustic, tempered, silk-screened, curved, and digital print glass products.
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