Parametrica Management Ltd adds Leggett & Platt (LEG) to its portfolio

Leggett & Platt (LEG) : Parametrica Management Ltd added new position in Leggett & Platt during the most recent quarter end. The investment management firm now holds 7,837 shares of Leggett & Platt which is valued at $358,308 , the company said in a statement filed on Oct 13, 2016 with the SEC.Leggett & Platt makes up approximately 1.01% of Parametrica Management Ltd’s portfolio.

Other Hedge Funds, Including , Msi Financial Services Inc boosted its stake in LEG in the latest quarter, The investment management firm added 4,932 additional shares and now holds a total of 40,127 shares of Leggett & Platt which is valued at $1,834,606. Leggett & Platt makes up approx 0.06% of Msi Financial Services Inc’s portfolio.Osborn Rohs Williams Donohoe Ltd boosted its stake in LEG in the latest quarter, The investment management firm added 2 additional shares and now holds a total of 6,133 shares of Leggett & Platt which is valued at $279,603. Leggett & Platt makes up approx 0.05% of Osborn Rohs Williams Donohoe Ltd’s portfolio. Cutler Group Lp sold out all of its stake in LEG during the most recent quarter. The investment firm sold 416 shares of LEG which is valued $19,099.Oregon Public Employees Retirement Fund boosted its stake in LEG in the latest quarter, The investment management firm added 8,509 additional shares and now holds a total of 47,042 shares of Leggett & Platt which is valued at $2,159,698. Leggett & Platt makes up approx 0.05% of Oregon Public Employees Retirement Fund’s portfolio.Exxonmobil Investment Management Inc Tx reduced its stake in LEG by selling 639 shares or 1.84% in the most recent quarter. The Hedge Fund company now holds 34,131 shares of LEG which is valued at $1,561,493. Leggett & Platt makes up approx 0.03% of Exxonmobil Investment Management Inc Tx’s portfolio.

Leggett & Platt closed down -0.32 points or -0.70% at $45.59 with 9,59,765 shares getting traded on Tuesday. Post opening the session at $45.87, the shares hit an intraday low of $45.39 and an intraday high of $45.905 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

On the company’s financial health, Leggett & Platt reported $0.66 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $0.63. The company had revenue of $958.30 million for the quarter, compared to analysts expectations of $1003.58 million. The company’s revenue was down -3.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.53 EPS.

Many Wall Street Analysts have commented on Leggett & Platt. Leggett & Platt was Downgraded by Raymond James to ” Mkt Perform” on Aug 1, 2016. Leggett & Platt was Downgraded by Hilliard Lyons to ” Underperform” on Jul 29, 2016.

Leggett & Platt Incorporated is a manufacturer that conceives designs and produces a range of engineered components and products found in homes offices automobiles and commercial aircraft. The Company operates in four segments: Residential Furnishings segment which manufactures steel coiled bedsprings; Commercial Fixturing & Components segment which include work furniture group that designs manufactures and distributes a range of engineered components and products primarily for the office seating market; Industrial Materials segment consists of wire group which operates a steel rod mill and tubing group which supplies welded steel tubing and Specialized Products segment designs manufactures and sells products including automotive seating components specialized machinery and equipment and service van interiors. Its brands include Semi-Flex ComfortCore Mira-Coil Lura-Flex Superlastic Super Sagless Tack & Jump Schukra Gribetz Masterack and Hanes among others.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Leggett & Platt - Is it time to Sell?

Top Brokerage Firms are advising their investors on Leggett & Platt. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.