Broadwind, Inc. (NASDAQ:BWEN) Stock Holdings Boosted by GSA Capital Partners LLP

GSA Capital Partners LLP grew its holdings in shares of Broadwind, Inc. (NASDAQ:BWEN) by 26.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 150,079 shares of the industrial products company’s stock after buying an additional 31,792 shares during the period. GSA Capital Partners LLP owned 0.68% of Broadwind worth $341,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Mather Group LLC. acquired a new position in Broadwind in the second quarter worth approximately $495,000. Acadian Asset Management LLC purchased a new position in Broadwind during the 2nd quarter worth approximately $423,000. Grace & White Inc. NY boosted its stake in shares of Broadwind by 6.1% during the 3rd quarter. Grace & White Inc. NY now owns 1,715,255 shares of the industrial products company’s stock valued at $3,894,000 after buying an additional 98,665 shares during the period. XTX Topco Ltd acquired a new stake in shares of Broadwind during the 2nd quarter valued at $159,000. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Broadwind by 12.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 329,592 shares of the industrial products company’s stock valued at $1,081,000 after buying an additional 35,182 shares during the period. Institutional investors own 33.27% of the company’s stock.

Analyst Ratings Changes

BWEN has been the subject of several research analyst reports. Craig Hallum cut their price objective on Broadwind from $5.00 to $4.00 and set a “buy” rating for the company in a research report on Wednesday, August 14th. HC Wainwright restated a “buy” rating and set a $8.00 target price on shares of Broadwind in a report on Wednesday, August 14th. StockNews.com lowered shares of Broadwind from a “buy” rating to a “hold” rating in a report on Thursday, August 8th. Finally, Roth Mkm reduced their price objective on shares of Broadwind from $4.00 to $3.50 and set a “buy” rating on the stock in a research note on Wednesday, August 14th.

Broadwind Price Performance

NASDAQ BWEN opened at $1.72 on Friday. The company has a market capitalization of $38.03 million, a PE ratio of 12.29 and a beta of 1.44. Broadwind, Inc. has a 12-month low of $1.52 and a 12-month high of $4.65. The firm’s 50 day moving average is $2.01 and its 200-day moving average is $2.69. The company has a quick ratio of 0.52, a current ratio of 1.50 and a debt-to-equity ratio of 0.16.

Broadwind Company Profile

Broadwind, Inc manufactures and sells structures, equipment, and components for clean tech and other specialized applications primarily in the United States. It operates through three segments: Heavy Fabrications, Gearing, and Industrial Solutions. The Heavy Fabrications segment provides fabrications to various industrial markets.