Ampco-Pittsburgh Corp (AP) Shares Sold by Millennium Management LLC

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Millennium Management LLC lowered its position in Ampco-Pittsburgh Corp (NYSE:AP) by 29.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,921 shares of the industrial products company’s stock after selling 4,512 shares during the period. Millennium Management LLC’s holdings in Ampco-Pittsburgh were worth $34,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of AP. Dimensional Fund Advisors LP lifted its holdings in shares of Ampco-Pittsburgh by 3.8% during the third quarter. Dimensional Fund Advisors LP now owns 775,582 shares of the industrial products company’s stock worth $4,576,000 after buying an additional 28,258 shares in the last quarter. Renaissance Technologies LLC raised its stake in Ampco-Pittsburgh by 6.9% in the third quarter. Renaissance Technologies LLC now owns 309,881 shares of the industrial products company’s stock valued at $1,828,000 after purchasing an additional 20,081 shares in the last quarter. Vanguard Group Inc. raised its stake in Ampco-Pittsburgh by 3.1% in the third quarter. Vanguard Group Inc. now owns 514,561 shares of the industrial products company’s stock valued at $3,036,000 after purchasing an additional 15,461 shares in the last quarter. Vanguard Group Inc raised its stake in Ampco-Pittsburgh by 3.1% in the third quarter. Vanguard Group Inc now owns 514,561 shares of the industrial products company’s stock valued at $3,036,000 after purchasing an additional 15,461 shares in the last quarter. Finally, Teton Advisors Inc. raised its stake in Ampco-Pittsburgh by 2.6% in the fourth quarter. Teton Advisors Inc. now owns 500,000 shares of the industrial products company’s stock valued at $1,550,000 after purchasing an additional 12,700 shares in the last quarter. 48.03% of the stock is owned by institutional investors.

In related news, Director Michael I. German purchased 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 15th. The stock was acquired at an average price of $3.95 per share, with a total value of $39,500.00. Following the completion of the purchase, the director now directly owns 35,266 shares in the company, valued at $139,300.70. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 13.90% of the stock is owned by insiders.

AP stock opened at $4.38 on Friday. Ampco-Pittsburgh Corp has a 52 week low of $2.79 and a 52 week high of $11.10. The company has a quick ratio of 0.80, a current ratio of 1.56 and a debt-to-equity ratio of 0.76.

Ampco-Pittsburgh (NYSE:AP) last posted its quarterly earnings results on Thursday, March 14th. The industrial products company reported ($0.73) EPS for the quarter. The company had revenue of $95.82 million during the quarter. Ampco-Pittsburgh had a negative net margin of 19.28% and a negative return on equity of 17.80%.

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About Ampco-Pittsburgh

Ampco-Pittsburgh Corporation, together with its subsidiaries, manufactures and sells custom designed engineering products to commercial and industrial users in the United States and internationally. The company operates in two segments, Forged and Cast Engineered Products; and Air and Liquid Processing.

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Institutional Ownership by Quarter for Ampco-Pittsburgh (NYSE:AP)

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