Janney Montgomery Scott LLC Sells 4,809 Shares of Taylor Devices, Inc. (NASDAQ:TAYD)

Janney Montgomery Scott LLC decreased its holdings in Taylor Devices, Inc. (NASDAQ:TAYDFree Report) by 3.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 130,413 shares of the industrial products company’s stock after selling 4,809 shares during the period. Janney Montgomery Scott LLC owned about 3.70% of Taylor Devices worth $6,491,000 as of its most recent SEC filing.

Separately, Johnson Bixby & Associates LLC bought a new stake in shares of Taylor Devices in the first quarter worth $373,000. 17.62% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Taylor Devices from a “buy” rating to a “strong-buy” rating in a report on Tuesday.

Check Out Our Latest Report on Taylor Devices

Taylor Devices Stock Performance

NASDAQ TAYD opened at $42.06 on Wednesday. The company has a market capitalization of $148.05 million, a PE ratio of 16.89 and a beta of 1.03. The business’s fifty day moving average is $46.49 and its 200 day moving average is $41.06. Taylor Devices, Inc. has a fifty-two week low of $18.06 and a fifty-two week high of $61.69.

Taylor Devices Company Profile

(Free Report)

Taylor Devices, Inc engages in design, development, manufacture, and marketing of shock absorption, rate control, and energy storage devices for use in machinery, equipment, and structures in the United States, Asia, and internationally. Its products include seismic dampers that are designed to mitigate the effects of earthquakes on structures; Fluidicshoks, which are compact shock absorbers primarily used in defense, aerospace, and commercial industries; and crane and industrial buffers, which are larger versions of the Fluidicshoks for industrial application on cranes and crane trolleys, truck docks, ladle and ingot cars, ore trolleys, and train car stops.

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Institutional Ownership by Quarter for Taylor Devices (NASDAQ:TAYD)

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