2 weeks Ago By ABMN Staff
Russell Investments Group Ltd. grew its position in Matthews International Co. ( NASDAQ:MATW – Free Report ) by 1,718.
7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 85,662 shares of the company’s stock after acquiring an additional 80,952 shares during the quarter. Russell Investments Group Ltd.
owned about 0.28% of Matthews International worth $2,371,000 at the end of the most recent reporting period. A number of other hedge funds have also modified their holdings of MATW.
State Street Corp increased its stake in Matthews International by 6.8% in the third quarter. State Street Corp now owns 1,208,505 shares of the company’s stock valued at $28,037,000 after purchasing an additional 76,911 shares during the period.
Allspring Global Investments Holdings LLC raised its stake in Matthews International by 10.3% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 781,592 shares of the company’s stock valued at $21,126,000 after acquiring an additional 73,240 shares during the last quarter.
Jane Street Group LLC lifted its position in Matthews International by 120.5% during the 3rd quarter. Jane Street Group LLC now owns 79,861 shares of the company’s stock worth $1,853,000 after acquiring an additional 43,650 shares during the period.
Barclays PLC grew its stake in shares of Matthews International by 375.4% in the 3rd quarter. Barclays PLC now owns 52,823 shares of the company’s stock valued at $1,225,000 after purchasing an additional 41,711 shares during the last quarter.
Finally, Trexquant Investment LP acquired a new position in shares of Matthews International in the fourth quarter valued at approximately $1,133,000. 83.08% of the stock is currently owned by hedge funds and other institutional investors.
Matthews International Trading Down 2.0 % NASDAQ MATW opened at $19.51 on Friday.
The company has a quick ratio of 0.96, a current ratio of 1.58 and a debt-to-equity ratio of 1.
94. The stock has a market capitalization of $604.21 million, a P/E ratio of -9.
90 and a beta of 1.07. Matthews International Co.
has a 52-week low of $18.50 and a 52-week high of $32.24.
The firm has a 50-day moving average price of $22.87 and a 200 day moving average price of $25.39.
Matthews International Announces Dividend The company also recently declared a quarterly dividend, which was paid on Monday, February 24th. Stockholders of record on Monday, February 10th were paid a dividend of $0.25 per share.
This represents a $1.00 annualized dividend and a dividend yield of 5.13%.
The ex-dividend date of this dividend was Monday, February 10th. Matthews International’s dividend payout ratio (DPR) is -50.76%.
About Matthews International ( Free Report ) Matthews International Corporation provides brand solutions, memorialization products, and industrial technologies worldwide. It operates through three segments: Memorialization, Industrial Technologies, and SGK Brand Solutions. The Memorialization segment provides bronze and granite memorials, upright granite memorials and monuments, concrete burial vaults, cremation memorialization products, granite benches, flower vases, crypt plates and letters, cremation urns, niche units, cemetery features, and statues, as well as bronze plaques, letters, emblems, vases, lights and photo ceramics, granite monuments, mausoleums, crypts, and flush memorials.
Further Reading Want to see what other hedge funds are holding MATW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Matthews International Co. ( NASDAQ:MATW – Free Report ).
Receive News & Ratings for Matthews International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Matthews International and related companies with MarketBeat.com's FREE daily email newsletter ..
