LSV Asset Management Acquires 2,400 Shares of Taylor Devices, Inc. (NASDAQ:TAYD)

LSV Asset Management acquired a new stake in Taylor Devices, Inc. (NASDAQ:TAYD – Free Report) in the 1st quarter, according to the company’s latest SEC filing. The institutional investor purchased 2,400 shares of the industrial products company’s stock worth approximately $119,000.

Separately, Johnson Bixby & Associates LLC acquired a new position in Taylor Devices in the 1st quarter worth approximately $373,000. Institutional investors own 17.62% of the company’s shares.

Analyst ratings upgrades and downgrades

Separately, StockNews.com upgraded shares of Taylor Devices from a “buy” rating to a “strong buy” rating in a research note on Tuesday, July 9.

Get our latest analysis for TAYD stock

Taylor Devices shares rose 1.7%

TAYD stock opened at $47.60 on Monday. The company’s 50 day moving average is $46.13 and its 200 day moving average is $41.52. Taylor Devices, Inc. has a 12-month low of $18.06 and a 12-month high of $61.69. The company has a market capitalization of $167.55 million, a price-to-earnings ratio of $19.12 and a beta of $1.03.

About Taylor Devices

(Free report)

Taylor Devices, Inc. is engaged in the design, development, manufacturing, and marketing of shock absorption, velocity control, and energy storage devices for use in machinery, equipment, and structures in the United States, Asia, and internationally. Its products include seismic dampers, which are designed to mitigate the effects of earthquakes on structures; Fluidicshoks, which are compact shock absorbers used primarily in the defense, aerospace, and commercial industries; and crane and industrial bumpers, which are larger versions of Fluidicshoks for industrial applications in cranes and crane trucks, truck docks, ladles and ingots, ore carts, and rail car stops.

Analyst ratings upgrades and downgrades

Taylor Devices shares rose 1.7%

About Taylor Devices

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