Eastern Co (NASDAQ:EML) Institutional Investors Sentiment Up in 2018 Q3

Sentiment for Eastern Co (NASDAQ:EML)

Eastern Co (NASDAQ:EML) institutional sentiment increased to 2.7 in 2018 Q3. Its up 1.84, from 0.86 in 2018Q2. The ratio has improved, as 27 hedge funds increased or opened new equity positions, while 10 cut down and sold stock positions in Eastern Co. The hedge funds in our partner’s database now own: 3.51 million shares, up from 3.48 million shares in 2018Q2. Also, the number of hedge funds holding Eastern Co in their top 10 equity positions was flat from 1 to 1 for the same number . Sold All: 3 Reduced: 7 Increased: 18 New Position: 9.

The Eastern Company manufactures and sells industrial hardware, security products, and metal products in the United States and internationally. The company has market cap of $163.89 million. The companyÂ’s Industrial Hardware segment offers passenger restraint locks, slam and draw latches, dead bolt latches, compression latches, cam-type vehicular locks, hinges, tool box locks, light-weight sleeper boxes, school bus door closure hardware, and vents for Class 8 trucks. It has a 16.58 P/E ratio. The Company’s products are used in tractor-trailer trucks, moving vans, off-road construction and farming equipment, school buses, military vehicles, recreational boats, pickup trucks, sport utility vehicles, and fire and rescue vehicles.

The stock increased 1.28% or $0.33 during the last trading session, reaching $26.19. About 3,896 shares traded. The Eastern Company (NASDAQ:EML) has declined 3.44% since January 14, 2018 and is downtrending. It has underperformed by 3.44% the S&P500.

Minerva Advisors Llc holds 5.15% of its portfolio in The Eastern Company for 357,001 shares. Teton Advisors Inc. owns 355,131 shares or 0.88% of their US portfolio. Moreover, Zpr Investment Management has 0.42% invested in the company for 9,654 shares. The Illinois-based North Star Investment Management Corp. has invested 0.34% in the stock. Gamco Investors Inc. Et Al, a New York-based fund reported 499,768 shares.

Since January 1, 0001, it had 1 buy, and 0 sales for $93,030 activity.

More news for The Eastern Company (NASDAQ:EML) were recently published by: Seekingalpha.com, which released: “Applied Optoelectronics: A Strategic Buyout Candidate – Seeking Alpha” on June 17, 2018. Finance.Yahoo.com‘s article titled: “Amazon CEO Jeff Bezos explains his famous one-character emails, known to strike fear in manager’s hearts – Yahoo Finance” and published on April 21, 2018 is yet another important article.

The Eastern Company (NASDAQ:EML) Institutional Positions Chart

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