Alphaone Investment Services Lowers stake in Lydall (LDL)

Lydall (LDL) : Alphaone Investment Services reduced its stake in Lydall by 11.94% during the most recent quarter end. The investment management company now holds a total of 101,059 shares of Lydall which is valued at $5,719,939 after selling 13,700 shares in Lydall , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.Lydall makes up approximately 2.01% of Alphaone Investment Services’s portfolio.

Other Hedge Funds, Including , Allianz Asset Management Ag boosted its stake in LDL in the latest quarter, The investment management firm added 29,166 additional shares and now holds a total of 110,314 shares of Lydall which is valued at $6,243,772. Lydall makes up approx 0.01% of Allianz Asset Management Ag’s portfolio.Finemark National Bank Trust boosted its stake in LDL in the latest quarter, The investment management firm added 35 additional shares and now holds a total of 246 shares of Lydall which is valued at $13,173.Eam Investors boosted its stake in LDL in the latest quarter, The investment management firm added 58,435 additional shares and now holds a total of 88,460 shares of Lydall which is valued at $4,737,033. Lydall makes up approx 0.66% of Eam Investors’s portfolio.Emerald Acquisition Ltd. reduced its stake in LDL by selling 5,138 shares or 7.62% in the most recent quarter. The Hedge Fund company now holds 62,326 shares of LDL which is valued at $3,234,719. Lydall makes up approx 0.01% of Emerald Acquisition Ltd.’s portfolio. Tower Research Capital (trc) added LDL to its portfolio by purchasing 1,115 company shares during the most recent quarter which is valued at $56,252. Lydall makes up approx 0.01% of Tower Research Capital (trc)’s portfolio.

Lydall opened for trading at $56.4 and hit $57.2 on the upside on Monday, eventually ending the session at $57.05, with a gain of 1.51% or 0.85 points. The heightened volatility saw the trading volume jump to 1,09,297 shares. Company has a market cap of $979 M.

Many Wall Street Analysts have commented on Lydall. Lydall was Initiated by ROTH Capital to “Buy” on Nov 9, 2016. Lydall was Downgraded by Sidoti to ” Neutral” on Aug 29, 2016.

Lydall Inc. designs and manufactures specialty engineered non-woven filtration media industrial thermal insulating solutions and thermal and acoustical barriers for filtration or separation and heat abatement and sound dampening applications. The Company’s operates in four segments: Performance Materials Industrial Filtration Thermal/Acoustical Metals and Thermal/Acoustical Fibers. The Performance Materials segment is engaged in the filtration thermal insulation and life sciences filtration businesses. The Industrial Filtration segment is engaged in the Lydall’s industrial non-woven felt media and filter bag business. The Thermal/Acoustical Metals segment is the engaged in the Lydall’s metal parts and related tooling. The Thermal/Acoustical Fibers segment is engaged in the Lydall’s automotive fiber parts business and related tooling business for use in automotive applications. The products are sold to original equipment manufacturers and tier-one suppliers.

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