Renaissance Technologies LLC Cuts Holdings in Chicago Rivet & Machine Co. (NYSEAMERICAN:CVR)

Renaissance Technologies LLC trimmed its position in Chicago Rivet & Machine Co. (NYSEAMERICAN:CVR) by 3.1% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 34,210 shares of the company’s stock after selling 1,100 shares during the period. Renaissance Technologies LLC owned about 3.53% of Chicago Rivet & Machine worth $542,000 as of its most recent SEC filing.

Analyst Ratings Changes

Separately, StockNews.com began coverage on Chicago Rivet & Machine in a research report on Saturday. They set a “sell” rating for the company.

Chicago Rivet & Machine Stock Down 1.4 %

CVR stock opened at $12.68 on Friday. The firm’s 50-day moving average is $11.63. Chicago Rivet & Machine Co. has a twelve month low of $8.25 and a twelve month high of $22.27. The stock has a market cap of $12.30 million, a price-to-earnings ratio of -3.46 and a beta of 0.16.

Chicago Rivet & Machine Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Wednesday, March 5th were issued a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 0.95%. The ex-dividend date was Wednesday, March 5th. Chicago Rivet & Machine’s payout ratio is -3.27%.

About Chicago Rivet & Machine

Chicago Rivet & Machine Co engages in the manufacturing and sale of rivets and specialty cold formed parts, as well as automatic rivet setting equipment and automated assembly systems. It operates through the following segments: Fasteners and Assembly Equipment. The Fasteners segment includes rivets, cold-formed fasteners, and parts and screw machine products.