Teton Advisors Inc. Has $352,000 Holdings in ARC Document Solutions Inc (ARC)

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Teton Advisors Inc. increased its holdings in shares of ARC Document Solutions Inc (NYSE:ARC) by 148.2% in the 3rd quarter, HoldingsChannel reports. The firm owned 124,094 shares of the business services provider’s stock after acquiring an additional 74,094 shares during the period. Teton Advisors Inc.’s holdings in ARC Document Solutions were worth $352,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Engineers Gate Manager LP purchased a new stake in shares of ARC Document Solutions during the third quarter worth about $120,000. California Public Employees Retirement System grew its position in shares of ARC Document Solutions by 91.5% during the first quarter. California Public Employees Retirement System now owns 65,893 shares of the business services provider’s stock worth $145,000 after purchasing an additional 31,493 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its position in shares of ARC Document Solutions by 180.7% during the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 87,300 shares of the business services provider’s stock worth $155,000 after purchasing an additional 56,200 shares in the last quarter. LMR Partners LLP purchased a new stake in shares of ARC Document Solutions during the second quarter worth about $219,000. Finally, Paloma Partners Management Co purchased a new stake in shares of ARC Document Solutions during the second quarter worth about $345,000. Hedge funds and other institutional investors own 61.20% of the company’s stock.

NYSE:ARC opened at $2.35 on Wednesday. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.48 and a quick ratio of 1.24. ARC Document Solutions Inc has a 12-month low of $1.62 and a 12-month high of $3.59. The stock has a market cap of $104.59 million, a P/E ratio of 15.67 and a beta of 2.08.

Several analysts recently issued reports on the company. ValuEngine upgraded ARC Document Solutions from a “sell” rating to a “hold” rating in a research report on Monday, August 13th. Zacks Investment Research upgraded ARC Document Solutions from a “hold” rating to a “buy” rating and set a $2.75 target price for the company in a research report on Tuesday, July 31st. Finally, B. Riley upgraded ARC Document Solutions from a “neutral” rating to a “buy” rating and increased their target price for the stock from $2.75 to $3.25 in a research report on Friday, August 3rd.

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ARC Document Solutions Profile

ARC Document Solutions, Inc, a reprographics company, provides document solutions worldwide. It offers managed print services, an onsite service that places, manages, and optimizes print and imaging equipment in customers' offices, job sites, and other facilities; and operates 175 offsite service centers, which offers managed print service customers with the flexibility and overflow capacity during peak workloads.

Further Reading: How can investors find ex-dividend dates?

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Institutional Ownership by Quarter for ARC Document Solutions (NYSE:ARC)

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