Punch Associates Investment Management Lowers stake in Landauer Inc (LDR)

Landauer Inc (LDR) : Punch Associates Investment Management reduced its stake in Landauer Inc by 0.52% during the most recent quarter end. The investment management company now holds a total of 267,460 shares of Landauer Inc which is valued at $11,147,733 after selling 1,396 shares in Landauer Inc , the firm said in a disclosure report filed with the SEC on Jul 15, 2016.Landauer Inc makes up approximately 1.24% of Punch Associates Investment Management’s portfolio.

Other Hedge Funds, Including , Bnp Paribas Arbitrage Sa boosted its stake in LDR in the latest quarter, The investment management firm added 1,377 additional shares and now holds a total of 2,977 shares of Landauer Inc which is valued at $118,544.

Landauer Inc opened for trading at $41.53 and hit $41.84 on the upside on Monday, eventually ending the session at $41.68, with a gain of 0.55% or 0.23 points. The heightened volatility saw the trading volume jump to 32,045 shares. Company has a market cap of $400 M.

Landauer Inc. (Landauer) is a provider of technical and analytical services to determine occupational and environmental radiation exposure. The Company is a domestic provider of outsourced medical physics services and a provider of radiology related medical products. It operates in three business segments: Radiation Measurement Medical Physics and Medical Products. The Radiation Measurement segment provides analytical services to determine occupational and environmental radiation exposure. The Medical Physics segment provides therapeutic and imaging physics services to domestic hospitals and radiation therapy centers. The Medical Products segment provides medical consumable accessories used in radiology radiation therapy and image guided surgery procedures. The Company’s services include the manufacture of various types of radiation detection monitors the distribution and collection of the monitors to and from customers and the analysis and reporting of exposure findings.

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