O Shaughnessy Asset Management LLC Sells 31,032 Shares of Broadwind, Inc. (NASDAQ:BWEN)

O Shaughnessy Asset Management LLC lowered its stake in shares of Broadwind, Inc. (NASDAQ:BWEN) by 31.0% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 69,000 shares of the industrial products company’s stock after selling 31,032 shares during the quarter. O Shaughnessy Asset Management LLC owned approximately 0.31% of Broadwind worth $130,000 as of its most recent SEC filing.

Separately, Geode Capital Management LLC grew its position in shares of Broadwind by 6.0% during the 3rd quarter. Geode Capital Management LLC now owns 227,738 shares of the industrial products company’s stock valued at $517,000 after acquiring an additional 12,936 shares during the period. 33.27% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

BWEN has been the topic of a number of research reports. Industrial Alliance Securities set a $3.00 price target on shares of Broadwind in a report on Wednesday, March 5th. HC Wainwright lowered their target price on Broadwind from $8.00 to $6.00 and set a “buy” rating on the stock in a research note on Thursday, March 6th. Finally, Craig Hallum reiterated a “buy” rating on shares of Broadwind in a research note on Wednesday, March 5th.

Broadwind Stock Down 0.7 %

BWEN opened at $1.52 on Tuesday. Broadwind, Inc. has a 12 month low of $1.41 and a 12 month high of $4.65. The company has a market cap of $33.93 million, a PE ratio of 10.86 and a beta of 1.58. The company has a current ratio of 1.50, a quick ratio of 0.52 and a debt-to-equity ratio of 0.16. The company has a 50 day moving average of $1.55 and a 200 day moving average of $1.78.

Broadwind (NASDAQ:BWEN) last posted its quarterly earnings results on Wednesday, March 5th. The industrial products company reported ($0.04) EPS for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.04. The firm had revenue of $33.57 million during the quarter, compared to analyst estimates of $31.54 million. Broadwind had a return on equity of 5.39% and a net margin of 2.01%. On average, sell-side analysts expect that Broadwind, Inc. will post 0.01 EPS for the current year.

Broadwind Profile

Broadwind, Inc manufactures and sells structures, equipment, and components for clean tech and other specialized applications primarily in the United States. It operates through three segments: Heavy Fabrications, Gearing, and Industrial Solutions. The Heavy Fabrications segment provides fabrications to various industrial markets.