Is Buying Twin Disc Incorporated (NASDAQ:TWIN) Here Good Idea?

September 30, 2018 - By Lisa Delgado

Twin Disc, Incorporated (NASDAQ:TWIN) Logo

Investors sentiment increased to 1.15 in 2018 Q2. Its up 0.34, from 0.81 in 2018Q1. It is positive, as 5 investors sold Twin Disc, Incorporated shares while 21 reduced holdings. 9 funds opened positions while 21 raised stakes. 6.05 million shares or 2.46% more from 5.90 million shares in 2018Q1 were reported.
Deutsche National Bank & Trust Ag owns 78,570 shares for 0% of their portfolio. 43,648 were reported by Wells Fargo And Communications Mn. Financial Bank Of America De holds 15,761 shares or 0% of its portfolio. 9,358 are held by Rhumbline Advisers. Hanson Mcclain invested 0% of its portfolio in Twin Disc, Incorporated (NASDAQ:TWIN). Sageworth Tru Company reported 800 shares stake. Gabelli Funds has invested 0.05% in Twin Disc, Incorporated (NASDAQ:TWIN). Goldman Sachs Grp Inc Inc holds 9,145 shares or 0% of its portfolio. Teton Advsr Incorporated reported 0.93% stake. Citigroup Inc accumulated 0% or 688 shares. Pacific Ridge Capital Limited Com has invested 1.8% in Twin Disc, Incorporated (NASDAQ:TWIN). California State Teachers Retirement System stated it has 13,002 shares or 0% of all its holdings. Geode Cap Limited Liability Com stated it has 0% of its portfolio in Twin Disc, Incorporated (NASDAQ:TWIN). State Street, a Massachusetts-based fund reported 130,405 shares. California Pub Employees Retirement System holds 41,946 shares.

The stock of Twin Disc Incorporated (NASDAQ:TWIN) registered a decrease of 8.09% in short interest. TWIN’s total short interest was 112,500 shares in September as published by FINRA. Its down 8.09% from 122,400 shares, reported previously. With 14,200 shares average volume, it will take short sellers 8 days to cover their TWIN’s short positions. The short interest to Twin Disc Incorporated’s float is 1.46%.

The stock decreased 0.73% or $0.17 during the last trading session, reaching $23.04. About 23,208 shares traded. Twin Disc, Incorporated (NASDAQ:TWIN) has risen 52.98% since September 30, 2017 and is uptrending. It has outperformed by 37.36% the S&P500.

Twin Disc, Incorporated designs, manufactures, and sells marine and heavy duty off-highway power transmission equipment worldwide. The company has market cap of $301.09 million. The firm operates through two divisions, Manufacturing and Distribution. It has a 28.1 P/E ratio. It offers marine transmissions, surface drives, propellers, and boat management systems; and power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches, and controls systems.

More notable recent Twin Disc, Incorporated (NASDAQ:TWIN) news were published by: Nasdaq.com which released: “Twin Disc, Incorporated Announces Closing of Follow-On Public Offering of Common Stock” on September 22, 2018, also Nasdaq.com with their article: “Twin Disc, Incorporated Announces Pricing of Follow-On Public Offering of Common Stock” published on September 20, 2018, Nasdaq.com published: “Twin Disc, Incorporated Announces Proposed Follow-On Public Offering of Common Stock” on September 17, 2018. More interesting news about Twin Disc, Incorporated (NASDAQ:TWIN) were released by: Benzinga.com and their article: “Mid-Day Market Update: Dow Rises 125 Points; Twin Disc Shares Plummet” published on September 18, 2018 as well as Seekingalpha.com‘s news article titled: “Twin Disc readies $30M common stock offering” with publication date: September 18, 2018.

Twin Disc, Incorporated (NASDAQ:TWIN) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: