Virginia Retirement Systems ET AL bought a new stake in Landauer Inc. (NYSE:LDR) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 8,500 shares of the company’s stock, valued at approximately $350,000. Virginia Retirement Systems ET AL owned about 0.09% of Landauer at the end of the most recent quarter.
A number of other hedge funds also recently added to or reduced their stakes in the company. Chartwell Investment Partners LLC acquired a new position in shares of Landauer during the second quarter worth $20,161,000. Royce & Associates LP increased its position in Landauer by 6.2% in the first quarter. Royce & Associates LP now owns 1,122,543 shares of the company’s stock valued at $37,122,000 after buying an additional 65,814 shares during the last quarter. Lafitte Capital Management LP purchased a new position in Landauer during the first quarter valued at approximately $1,984,000. Vanguard Group Inc. increased its position in Landauer by 6.0% in the second quarter. Vanguard Group Inc. now owns 771,711 shares of the company’s stock valued at $31,764,000 after buying an additional 43,370 shares during the last quarter. Finally, Boston Partners increased its position in Landauer by 17.0% in the second quarter. Boston Partners now owns 162,362 shares of the company’s stock valued at $6,683,000 after buying an additional 23,650 shares during the last quarter. Institutional investors and hedge funds own 86.28% of the company’s stock.
Shares of Landauer Inc. (NYSE:LDR) opened at 44.09 on Friday. The company has a market capitalization of $423.40 million, a PE ratio of 23.83 and a beta of 1.08. Landauer Inc. has a 52 week low of $26.99 and a 52 week high of $49.74. The company has a 50 day moving average price of $45.66 and a 200 day moving average price of $40.37.
Landauer (NYSE:LDR) last announced its quarterly earnings results on Monday, August 8th. The company reported $0.58 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.39 by $0.19. Landauer had a net margin of 11.63% and a return on equity of 102.93%. The business had revenue of $37.90 million for the quarter, compared to analysts’ expectations of $35.24 million. On average, equities research analysts expect that Landauer Inc. will post $1.76 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 5th. Investors of record on Friday, September 16th were given a $0.275 dividend. The ex-dividend date was Wednesday, September 14th. This represents a $1.10 annualized dividend and a yield of 2.49%. Landauer’s payout ratio is 59.14%.
Several equities analysts have recently commented on LDR shares. Zacks Investment Research raised Landauer from a “hold” rating to a “buy” rating and set a $54.00 target price on the stock in a research report on Wednesday, August 10th. Hilliard Lyons downgraded Landauer from a “neutral” rating to an “underperform” rating in a research report on Friday, July 1st. Finally, Sidoti downgraded Landauer from a “buy” rating to a “neutral” rating and set a $52.00 target price on the stock. in a research report on Tuesday, August 16th.
Landauer, Inc (Landauer) is a provider of technical and analytical services to determine occupational and environmental radiation exposure. The Company is a domestic provider of outsourced medical physics services and a provider of radiology related medical products. It operates in three business segments: Radiation Measurement, Medical Physics and Medical Products.
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