Public Employees Retirement System of Ohio Has $143,000 Stock Position in Mistras Group, Inc. (NYSE:MG)

Public Employees Retirement System of Ohio increased its stake in Mistras Group, Inc. (NYSE:MG) by 193.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,583 shares of the technology company’s stock after buying an additional 8,298 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Mistras Group were worth $143,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. XTX Topco Ltd acquired a new stake in Mistras Group in the third quarter valued at $151,000. State Street Corp raised its holdings in shares of Mistras Group by 4.8% in the 3rd quarter. State Street Corp now owns 317,579 shares of the technology company’s stock valued at $3,611,000 after purchasing an additional 14,651 shares during the period. Mill Road Capital Management LLC lifted its stake in Mistras Group by 4.7% in the 3rd quarter. Mill Road Capital Management LLC now owns 1,599,145 shares of the technology company’s stock valued at $18,182,000 after purchasing an additional 72,025 shares during the last quarter. Jacobs Levy Equity Management Inc. grew its holdings in Mistras Group by 29.1% during the third quarter. Jacobs Levy Equity Management Inc. now owns 124,091 shares of the technology company’s stock worth $1,411,000 after purchasing an additional 27,950 shares during the period. Finally, BNP Paribas Financial Markets grew its holdings in Mistras Group by 516.2% during the third quarter. BNP Paribas Financial Markets now owns 26,165 shares of the technology company’s stock worth $297,000 after purchasing an additional 21,919 shares during the period. 74.92% of the stock is owned by institutional investors.

Mistras Group Price Performance

NYSE:MG opened at $8.88 on Friday. Mistras Group, Inc. has a 12-month low of $6.86 and a 12-month high of $12.44. The firm has a market capitalization of $275.37 million, a price-to-earnings ratio of 25.37, a P/E/G ratio of 0.80 and a beta of 1.78. The stock’s 50 day moving average price is $9.69 and its two-hundred day moving average price is $9.85. The company has a quick ratio of 1.55, a current ratio of 1.68 and a debt-to-equity ratio of 0.93.

Insider Buying and Selling

In other news, EVP Michael J. Lange sold 6,111 shares of the firm’s stock in a transaction dated Wednesday, September 25th. The shares were sold at an average price of $11.17, for a total transaction of $68,259.87. Following the completion of the sale, the executive vice president now owns 240,515 shares in the company, valued at approximately $2,686,552.55. This trade represents a 2.48 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 12.30% of the stock is owned by insiders.

Mistras Group Company Profile

Mistras Group, Inc provides technology-enabled asset protection solutions in the United States, other Americas, Europe, and the Asia-Pacific. The company offers non-destructive testing services; inline inspection for pipelines; and plant condition management software. It also provides maintenance and light mechanical services, such as corrosion removal, mitigation and prevention, insulation installation and removal, electrical, heat tracing, industrial cleaning, pipefitting, and welding; engineering consulting services primarily for process equipment, technologies, and facilities; and utilizes scaffolding and rope access to access at-height and confined assets.