Dimensional Fund Advisors LP Boosts Stock Position in Flexible Solutions International, Inc. (NYSE:FSI)

Dimensional Fund Advisors LP increased its position in Flexible Solutions International, Inc. (NYSE:FSI) by 26.6% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 52,499 shares of the company’s stock after purchasing an additional 11,017 shares during the period. Dimensional Fund Advisors LP owned 0.42% of Flexible Solutions International worth $190,000 at the end of the most recent reporting period.

Separately, Renaissance Technologies LLC boosted its holdings in shares of Flexible Solutions International by 5.4% during the fourth quarter. Renaissance Technologies LLC now owns 389,445 shares of the company’s stock valued at $1,406,000 after acquiring an additional 20,000 shares during the period. Institutional investors and hedge funds own 54.31% of the company’s stock.

Flexible Solutions International Stock Performance

Shares of NYSE FSI opened at $4.40 on Friday. Flexible Solutions International, Inc. has a 1 year low of $1.65 and a 1 year high of $7.24. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.22 and a current ratio of 3.17. The stock has a fifty day moving average price of $4.32 and a two-hundred day moving average price of $4.62. The firm has a market cap of $55.65 million, a P/E ratio of 13.33 and a beta of 1.23.

Flexible Solutions International Increases Dividend

The business also recently declared a special dividend, which will be paid on Wednesday, May 28th. Shareholders of record on Monday, May 19th will be issued a $0.10 dividend. The ex-dividend date is Monday, May 19th. This is a boost from Flexible Solutions International’s previous special dividend of $0.05. Flexible Solutions International’s dividend payout ratio is currently 83.33%.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on shares of Flexible Solutions International in a research note on Tuesday, February 18th. They set a “hold” rating on the stock.

About Flexible Solutions International

Flexible Solutions International, Inc, together with its subsidiaries, develops, manufactures, and markets specialty chemicals that slow the evaporation of water in Canada, the United States, and internationally. The company operates in two segments, Energy and Water Conservation Products, and Biodegradable Polymers.