Gamco Investors INC. ET AL Has $16,851,000 Stake in Twin Disc, Incorporated (TWIN)

Gamco Investors INC. ET AL raised its stake in Twin Disc, Incorporated (NASDAQ:TWIN) by 2.0% during the fourth quarter, Holdings Channel reports. The fund owned 1,154,177 shares of the company’s stock after buying an additional 22,551 shares during the period. Gamco Investors INC. ET AL owned about 0.10% of Twin Disc, worth $16,851,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of TWIN. Gabelli Funds LLC raised its stake in shares of Twin Disc, by 2.8% in the fourth quarter. Gabelli Funds LLC now owns 308,000 shares of the company’s stock valued at $4,497,000 after buying an additional 8,501 shares in the last quarter. Teton Advisors Inc. raised its stake in shares of Twin Disc, by 4.7% in the fourth quarter. Teton Advisors Inc. now owns 310,000 shares of the company’s stock valued at $4,526,000 after buying an additional 14,000 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Twin Disc, by 2.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 567,441 shares of the company’s stock valued at $8,285,000 after buying an additional 12,975 shares in the last quarter. Rutabaga Capital Management LLC MA raised its stake in shares of Twin Disc, by 148.2% in the third quarter. Rutabaga Capital Management LLC MA now owns 15,386 shares of the company’s stock valued at $166,000 after buying an additional 9,188 shares in the last quarter. Finally, Pacific Ridge Capital Partners LLC raised its stake in shares of Twin Disc, by 15.8% in the third quarter. Pacific Ridge Capital Partners LLC now owns 282,811 shares of the company’s stock valued at $3,388,000 after buying an additional 38,691 shares in the last quarter. 43.13% of the stock is owned by institutional investors.

Institutional Ownership by Quarter for Twin Disc, (NASDAQ:TWIN)

Shares of Twin Disc, Incorporated (NASDAQ:TWIN) traded up 0.31% during mid-day trading on Friday, reaching $19.48. The company’s stock had a trading volume of 13,239 shares. The company’s 50-day moving average price is $17.38 and its 200-day moving average price is $13.47. The stock’s market capitalization is $224.39 million. Twin Disc, Incorporated has a 12-month low of $8.45 and a 12-month high of $20.24.

Twin Disc, (NASDAQ:TWIN) last posted its quarterly earnings data on Tuesday, January 31st. The company reported ($0.26) EPS for the quarter, missing the consensus estimate of ($0.20) by $0.06. Twin Disc, had a negative return on equity of 5.26% and a negative net margin of 7.87%. The company earned $33.67 million during the quarter, compared to the consensus estimate of $40.95 million. During the same period last year, the business earned ($0.21) EPS. The firm’s quarterly revenue was down 24.9% compared to the same quarter last year. On average, equities research analysts forecast that Twin Disc, Incorporated will post ($0.67) earnings per share for the current fiscal year.

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Several analysts have issued reports on TWIN shares. Zacks Investment Research raised Twin Disc, from a “hold” rating to a “buy” rating and set a $12.00 target price for the company in a research note on Friday, November 4th. Seaport Global Securities raised Twin Disc, from a “neutral” rating to a “buy” rating in a research note on Monday.

Twin Disc, Company Profile

Twin Disc, Incorporated designs, manufactures and sells marine and heavy duty off-highway power transmission equipment. The Company operates through two segments: manufacturing and distribution. Its products include marine transmissions, surface drives, propellers and boat management systems, as well as power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches and controls systems.

5 Day Chart for NASDAQ:TWIN

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