Lawson Products, Inc. (NASDAQ:LAWS) Shares Acquired by Acadian Asset Management LLC

Acadian Asset Management LLC boosted its holdings in Lawson Products, Inc. (NASDAQ:LAWS) by 16.1% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 32,186 shares of the industrial products company’s stock after purchasing an additional 4,466 shares during the period. Acadian Asset Management LLC owned about 0.36% of Lawson Products worth $1,009,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. BlackRock Inc. lifted its holdings in shares of Lawson Products by 0.4% in the 4th quarter. BlackRock Inc. now owns 510,714 shares of the industrial products company’s stock worth $16,140,000 after purchasing an additional 2,062 shares during the last quarter. Vanguard Group Inc increased its position in shares of Lawson Products by 1.3% in the 3rd quarter. Vanguard Group Inc now owns 229,154 shares of the industrial products company’s stock valued at $7,768,000 after buying an additional 2,905 shares in the last quarter. Vanguard Group Inc. increased its position in shares of Lawson Products by 1.3% in the 3rd quarter. Vanguard Group Inc. now owns 229,154 shares of the industrial products company’s stock valued at $7,768,000 after buying an additional 2,905 shares in the last quarter. Cadence Capital Management LLC increased its position in shares of Lawson Products by 1.8% in the 1st quarter. Cadence Capital Management LLC now owns 74,159 shares of the industrial products company’s stock valued at $2,326,000 after buying an additional 1,304 shares in the last quarter. Finally, Royce & Associates LP increased its position in shares of Lawson Products by 26.6% in the 4th quarter. Royce & Associates LP now owns 68,000 shares of the industrial products company’s stock valued at $2,149,000 after buying an additional 14,299 shares in the last quarter. 85.97% of the stock is owned by hedge funds and other institutional investors.

Shares of LAWS traded up $0.29 on Monday, reaching $37.02. The company’s stock had a trading volume of 36,600 shares, compared to its average volume of 23,699. The company has a quick ratio of 0.88, a current ratio of 1.76 and a debt-to-equity ratio of 0.11. The stock has a market capitalization of $329.43 million, a PE ratio of 47.20, a P/E/G ratio of 1.21 and a beta of 0.78. The company’s 50 day moving average price is $36.20. Lawson Products, Inc. has a 12-month low of $23.19 and a 12-month high of $40.36.

Lawson Products (NASDAQ:LAWS) last issued its quarterly earnings results on Thursday, April 18th. The industrial products company reported $0.44 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.29 by $0.15. Lawson Products had a net margin of 2.56% and a return on equity of 9.19%. The company had revenue of $91.34 million for the quarter, compared to the consensus estimate of $89.77 million. As a group, research analysts expect that Lawson Products, Inc. will post 1.73 earnings per share for the current year.

A number of research analysts recently issued reports on the stock. BidaskClub raised shares of Lawson Products from a “buy” rating to a “strong-buy” rating in a research note on Thursday, May 30th. Barrington Research set a $37.00 price objective on shares of Lawson Products and gave the company a “buy” rating in a research note on Wednesday, April 17th. Zacks Investment Research upgraded shares of Lawson Products from a “hold” rating to a “strong-buy” rating and set a $35.00 price objective for the company in a research note on Thursday, March 7th. Finally, ValuEngine upgraded shares of Lawson Products from a “hold” rating to a “buy” rating in a research note on Tuesday, May 14th. One investment analyst has rated the stock with a hold rating and three have assigned a buy rating to the stock. Lawson Products currently has an average rating of “Buy” and a consensus price target of $36.00.

In other Lawson Products news, Director Mark F. Moon bought 1,696 shares of the firm’s stock in a transaction dated Thursday, June 13th. The shares were purchased at an average price of $34.92 per share, for a total transaction of $59,224.32. Following the transaction, the director now directly owns 3,705 shares of the company’s stock, valued at approximately $129,378.60. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, major shareholder King Luther Capital Management bought 37,707 shares of the firm’s stock in a transaction dated Wednesday, April 17th. The shares were acquired at an average price of $32.00 per share, for a total transaction of $1,206,624.00. The disclosure for this purchase can be found here. Corporate insiders own 51.90% of the company’s stock.

Lawson Products Profile

Lawson Products, Inc distributes products and services to the industrial, commercial, institutional, and government maintenance, repair, and operations marketplace in the United States, Puerto Rico, Canada, Mexico, and the Caribbean. It operates in two segments, Lawson and Bolt. The company's products include fastening systems, fluid power products, specialty chemicals, cutting tools and abrasives, electrical products, aftermarket automotive supplies, safety products, welding and metal repair products, and other products.

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Institutional Ownership by Quarter for Lawson Products (NASDAQ:LAWS)

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