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Diamond Hill Capital Management Inc. decreased its stake in shares of Smith-Midland Co. (OTCMKTS:SMID - Get Rating) by 15.1% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 27,454 shares of the construction company's stock after selling 4,900 shares during the quarter. Diamond Hill Capital Management Inc. owned about 0.52% of Smith-Midland worth $734,000 at the end of the most recent quarter.
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A number of other institutional investors have also made changes to their positions in SMID. James Investment Research Inc. lifted its position in shares of Smith-Midland by 190.4% during the 2nd quarter. James Investment Research Inc. now owns 3,813 shares of the construction company's stock worth $53,000 after buying an additional 2,500 shares during the last quarter. Intrust Bank NA purchased a new stake in shares of Smith-Midland during the second quarter valued at approximately $169,000. Bank of America Corp DE increased its position in Smith-Midland by 16.4% in the first quarter. Bank of America Corp DE now owns 12,471 shares of the construction company's stock worth $222,000 after buying an additional 1,754 shares during the last quarter. State Street Corp grew its position in shares of Smith-Midland by 9.2% in the first quarter. State Street Corp now owns 13,107 shares of the construction company's stock valued at $233,000 after purchasing an additional 1,107 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in Smith-Midland by 76.5% during the first quarter. Dimensional Fund Advisors LP now owns 14,240 shares of the construction company's stock valued at $253,000 after buying an additional 6,171 shares during the period. 38.51% of the stock is owned by institutional investors and hedge funds. Smith-Midland Price Performance
OTCMKTS SMID opened at $21.68 on Friday. The stock has a 50-day moving average of $20.53 and a 200 day moving average of $21.03. The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.31 and a current ratio of 2.67. Smith-Midland Co. has a one year low of $13.00 and a one year high of $29.00. The company has a market capitalization of $113.39 million, a price-to-earnings ratio of 143.67 and a beta of 0.78. About Smith-Midland (Get Rating)
Smith-Midland Corp. engages in developing, manufacturing, marketing, leasing, licensing, selling, and installing of precast concrete products. The firm's products include SlenderWall Lightweight Construction Panels, Sierra Wall, J-J Hooks Highway Safety Barrier, Easi-Set Precast Buildings and Easi-Span Expandable Precast Buildings, Easi-Set Utility Vault, SoftSound Soundwall Panels, Beach Prisms Erosion Control Modules and Beach Prisms Erosion Control Modules.Featured ArticlesGet a free copy of the StockNews.com research report on Smith-Midland (SMID)Ford Stock Going Forward After Big Earnings FlopInsiders And Institutions Buy Wolverine WorldwideNvidia Rallies As Investors Bullish On Chipmaker's AI Business Bright Green Corporation Future May be Getting BrighterMicrosoft Fast Integrating AI Into Enterprise & Healthcare Suites
Want to see what other hedge funds are holding SMID? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Smith-Midland Co. (OTCMKTS:SMID - Get Rating).
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