Moors & Cabot Inc. purchased a new stake in shares of Steel Partners Holdings LP (NYSE:SPLP) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 20,000 shares of the conglomerate’s stock, valued at approximately $372,000. Moors & Cabot Inc. owned 0.08% of Steel Partners Holdings as of its most recent filing with the SEC.
Separately, California Public Employees Retirement System purchased a new stake in shares of Steel Partners Holdings during the 2nd quarter valued at approximately $242,000. Hedge funds and other institutional investors own 29.31% of the company’s stock.
COPYRIGHT VIOLATION NOTICE: “20,000 Shares in Steel Partners Holdings LP (SPLP) Acquired by Moors & Cabot Inc.” was published by Week Herald and is the sole property of of Week Herald. If you are viewing this piece of content on another site, it was illegally stolen and reposted in violation of U.S. and international copyright and trademark law. The legal version of this piece of content can be viewed at https://weekherald.com/2017/10/11/20000-shares-in-steel-partners-holdings-lp-splp-acquired-by-moors-cabot-inc.html.
Steel Partners Holdings LP (SPLP) traded down 0.81% during mid-day trading on Wednesday, hitting $18.35. 1,844 shares of the stock traded hands. Steel Partners Holdings LP has a 12 month low of $13.70 and a 12 month high of $19.95. The company has a market cap of $477.39 million, a price-to-earnings ratio of 187.24 and a beta of 0.80. The stock’s 50 day moving average is $18.30 and its 200-day moving average is $18.48.
Steel Partners Holdings (NYSE:SPLP) last announced its quarterly earnings data on Tuesday, August 8th. The conglomerate reported $0.41 earnings per share (EPS) for the quarter. The business had revenue of $358.39 million for the quarter. Steel Partners Holdings had a net margin of 0.20% and a return on equity of 0.38%.
About Steel Partners Holdings
Steel Partners Holdings L.P. (SPLP) is a diversified holding company that engages in multiple businesses through consolidated subsidiaries, associated companies and other interests. The Company owns and operates businesses, and has investments in companies, in various industries, including diversified industrial products, energy, defense, supply chain management and logistics, banking and youth sports.
Want to see what other hedge funds are holding SPLP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Steel Partners Holdings LP (NYSE:SPLP).
Receive News & Ratings for Steel Partners Holdings LP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Steel Partners Holdings LP and related companies with MarketBeat.com's FREE daily email newsletter.