JPMorgan Chase & Co. lowered its stake in shares of Landauer Inc. (NYSE:LDR) by 4.1% during the second quarter, Holdings Channel reports. The institutional investor owned 90,911 shares of the company’s stock after selling 3,839 shares during the period. JPMorgan Chase & Co. owned approximately 0.95% of Landauer worth $3,741,000 as of its most recent filing with the SEC.
Several other large investors have also recently added to or reduced their stakes in the stock. Virginia Retirement System bought a new position in shares of Landauer during the first quarter valued at about $317,000. Ngam Advisors L.P. boosted its position in shares of Landauer by 10.5% in the first quarter. Ngam Advisors L.P. now owns 11,874 shares of the company’s stock valued at $393,000 after buying an additional 1,128 shares during the last quarter. Prudential Financial Inc. boosted its position in shares of Landauer by 3.6% in the first quarter. Prudential Financial Inc. now owns 23,104 shares of the company’s stock valued at $764,000 after buying an additional 800 shares during the last quarter. Picton Mahoney Asset Management bought a new position in shares of Landauer during the first quarter valued at about $238,000. Finally, Nuveen Asset Management LLC boosted its position in shares of Landauer by 34.3% in the first quarter. Nuveen Asset Management LLC now owns 54,487 shares of the company’s stock valued at $1,802,000 after buying an additional 13,914 shares during the last quarter. Hedge funds and other institutional investors own 86.32% of the company’s stock.
Landauer Inc. (NYSE:LDR) traded up 1.510% on Monday, reaching $44.299. The company’s stock had a trading volume of 8,281 shares. The company’s 50 day moving average price is $45.18 and its 200-day moving average price is $40.74. The stock has a market cap of $425.40 million, a PE ratio of 23.945 and a beta of 1.08. Landauer Inc. has a 12-month low of $26.99 and a 12-month high of $49.74.
Landauer (NYSE:LDR) last announced its earnings results on Monday, August 8th. The company reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.19. Landauer had a return on equity of 102.93% and a net margin of 11.63%. The firm earned $37.90 million during the quarter, compared to analyst estimates of $35.24 million. On average, equities analysts expect that Landauer Inc. will post $1.76 EPS for the current year.
The company also recently announced a quarterly dividend, which was paid on Wednesday, October 5th. Stockholders of record on Friday, September 16th were given a $0.275 dividend. This represents a $1.10 annualized dividend and a dividend yield of 2.52%. The ex-dividend date of this dividend was Wednesday, September 14th. Landauer’s dividend payout ratio is currently 59.14%.
Several research analysts recently issued reports on LDR shares. Hilliard Lyons cut Landauer from a “neutral” rating to an “underperform” rating in a research report on Friday, July 1st. Zacks Investment Research cut Landauer from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 19th. Finally, Sidoti cut 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 Company Profile
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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