Dimensional Fund Advisors LP Buys 5,890 Shares of Taylor Devices, Inc. (NASDAQ:TAYD)

Dimensional Fund Advisors LP raised its stake in Taylor Devices, Inc. (NASDAQ:TAYD) by 22.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 32,290 shares of the industrial products company’s stock after acquiring an additional 5,890 shares during the period. Dimensional Fund Advisors LP owned about 0.92% of Taylor Devices worth $1,452,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Rhumbline Advisers acquired a new stake in shares of Taylor Devices in the 2nd quarter valued at $86,000. LSV Asset Management acquired a new position in Taylor Devices in the first quarter valued at about $119,000. Bank of New York Mellon Corp bought a new stake in Taylor Devices during the second quarter worth about $286,000. Ritholtz Wealth Management increased its holdings in shares of Taylor Devices by 123.9% during the second quarter. Ritholtz Wealth Management now owns 9,220 shares of the industrial products company’s stock worth $415,000 after buying an additional 5,103 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC bought a new position in shares of Taylor Devices in the first quarter valued at approximately $488,000. 17.62% of the stock is currently owned by institutional investors.

Taylor Devices Stock Performance

Shares of TAYD stock opened at $45.19 on Friday. Taylor Devices, Inc. has a 52 week low of $20.50 and a 52 week high of $64.50. The stock has a market capitalization of $159.11 million, a PE ratio of 18.15 and a beta of 1.03. The stock’s fifty day moving average is $52.49 and its 200-day moving average is $49.65.

Taylor Devices (NASDAQ:TAYD) last issued its quarterly earnings data on Friday, September 27th. The industrial products company reported $0.85 EPS for the quarter. Taylor Devices had a net margin of 21.22% and a return on equity of 18.95%. The firm had revenue of $11.62 million for the quarter.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Taylor Devices from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, October 8th.

Taylor Devices Company Profile

Taylor Devices, Inc engages in design, development, manufacture, and marketing of shock absorption, rate control, and energy storage devices for use in machinery, equipment, and structures in the United States, Asia, and internationally. Its products include seismic dampers that are designed to mitigate the effects of earthquakes on structures; Fluidicshoks, which are compact shock absorbers primarily used in defense, aerospace, and commercial industries; and crane and industrial buffers, which are larger versions of the Fluidicshoks for industrial application on cranes and crane trolleys, truck docks, ladle and ingot cars, ore trolleys, and train car stops.