Mueller Industries, Inc. (MLI) Stake Reduced by Tudor Investment Corp Et Al

Tudor Investment Corp Et Al decreased its stake in Mueller Industries, Inc. (NYSE:MLI) by 40.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 5,500 shares of the company’s stock after selling 3,800 shares during the period. Tudor Investment Corp Et Al’s holdings in Mueller Industries were worth $220,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the company. Teachers Advisors LLC boosted its stake in Mueller Industries by 7.2% in the third quarter. Teachers Advisors LLC now owns 515,929 shares of the company’s stock valued at $16,726,000 after buying an additional 34,553 shares during the last quarter. BlackRock Fund Advisors boosted its stake in Mueller Industries by 8.6% in the third quarter. BlackRock Fund Advisors now owns 4,066,406 shares of the company’s stock valued at $131,833,000 after buying an additional 321,344 shares during the last quarter. BlackRock Inc. boosted its stake in Mueller Industries by 11.2% in the third quarter. BlackRock Inc. now owns 30,470 shares of the company’s stock valued at $988,000 after buying an additional 3,061 shares during the last quarter. BlackRock Investment Management LLC boosted its stake in Mueller Industries by 0.7% in the third quarter. BlackRock Investment Management LLC now owns 245,312 shares of the company’s stock valued at $7,953,000 after buying an additional 1,654 shares during the last quarter. Finally, BlackRock Advisors LLC boosted its stake in Mueller Industries by 11.2% in the third quarter. BlackRock Advisors LLC now owns 29,886 shares of the company’s stock valued at $969,000 after buying an additional 3,016 shares during the last quarter. Hedge funds and other institutional investors own 91.20% of the company’s stock.

Institutional Ownership by Quarter for Mueller Industries (NYSE:MLI)

Shares of Mueller Industries, Inc. (NYSE:MLI) opened at 33.31 on Friday. The company’s 50-day moving average price is $39.24 and its 200 day moving average price is $36.64. The stock has a market cap of $1.92 billion, a PE ratio of 19.14 and a beta of 1.30. Mueller Industries, Inc. has a 1-year low of $28.01 and a 1-year high of $43.96.

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 21st. Shareholders of record on Tuesday, March 7th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Friday, March 3rd. This represents a $0.40 annualized dividend and a yield of 1.20%.

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Mueller Industries Company Profile

Mueller Industries, Inc (Mueller) is a manufacturer of copper, brass, aluminum and plastic products. The Company operates through two segments: Plumbing & Refrigeration and Original Equipment Manufacturers (OEM). Its Plumbing & Refrigeration segment consists of Standard Products (SPD), Great Lakes Copper Ltd.

5 Day Chart for NYSE:MLI

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