Manitex International Inc (MNTX) Position Increased by Beddow Capital Management Inc.

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Beddow Capital Management Inc. boosted its stake in Manitex International Inc (NASDAQ:MNTX) by 14.3% during the 4th quarter, HoldingsChannel reports. The fund owned 40,000 shares of the industrial products company’s stock after buying an additional 5,000 shares during the period. Beddow Capital Management Inc.’s holdings in Manitex International were worth $227,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Usca Ria LLC acquired a new stake in Manitex International in the third quarter valued at $184,000. BlackRock Inc. increased its stake in Manitex International by 1,507.3% during the second quarter. BlackRock Inc. now owns 710,439 shares of the industrial products company’s stock valued at $8,868,000 after purchasing an additional 666,238 shares during the last quarter. Schwab Charles Investment Management Inc. bought a new stake in Manitex International during the second quarter valued at $337,000. Dimensional Fund Advisors LP increased its stake in Manitex International by 37.8% during the third quarter. Dimensional Fund Advisors LP now owns 252,936 shares of the industrial products company’s stock valued at $2,663,000 after purchasing an additional 69,354 shares during the last quarter. Finally, Citadel Advisors LLC bought a new stake in Manitex International during the third quarter valued at $106,000. 56.73% of the stock is currently owned by hedge funds and other institutional investors.

Several research firms have weighed in on MNTX. Zacks Investment Research lowered shares of Manitex International from a “hold” rating to a “sell” rating in a research note on Wednesday, January 2nd. ValuEngine lowered shares of Manitex International from a “hold” rating to a “sell” rating in a research report on Friday, November 16th.

Manitex International stock opened at $7.15 on Thursday. The stock has a market cap of $162.08 million, a PE ratio of 35.75 and a beta of 1.51. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.92 and a quick ratio of 0.99. Manitex International Inc has a one year low of $5.00 and a one year high of $13.26.

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Manitex International Profile

Manitex International, Inc provides engineered lifting solutions. The company designs, manufactures, and distributes products that are used in various industries. It offers boom trucks and crane products primarily for use in industrial projects, energy exploration, and infrastructure development, including roads, bridges, and commercial construction.

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Institutional Ownership by Quarter for Manitex International (NASDAQ:MNTX)

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