Barclays PLC Has $1.91 Million Holdings in Columbus McKinnon Co. (NASDAQ:CMCO)

Barclays PLC increased its stake in shares of Columbus McKinnon Co. (NASDAQ:CMCO) by 214.6% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 52,987 shares of the industrial products company’s stock after acquiring an additional 36,147 shares during the period. Barclays PLC owned 0.18% of Columbus McKinnon worth $1,907,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. The Manufacturers Life Insurance Company boosted its position in Columbus McKinnon by 4.6% during the second quarter. The Manufacturers Life Insurance Company now owns 14,630 shares of the industrial products company’s stock worth $505,000 after purchasing an additional 646 shares during the period. Mascoma Wealth Management LLC bought a new stake in shares of Columbus McKinnon during the 3rd quarter worth $25,000. Rhumbline Advisers boosted its holdings in shares of Columbus McKinnon by 2.0% during the 2nd quarter. Rhumbline Advisers now owns 47,162 shares of the industrial products company’s stock worth $1,629,000 after buying an additional 911 shares during the period. Providence Capital Advisors LLC raised its holdings in Columbus McKinnon by 0.8% in the 2nd quarter. Providence Capital Advisors LLC now owns 112,595 shares of the industrial products company’s stock worth $3,889,000 after acquiring an additional 941 shares during the period. Finally, Quarry LP bought a new position in Columbus McKinnon in the 2nd quarter worth $39,000. 95.96% of the stock is owned by institutional investors.

Columbus McKinnon Stock Up 1.9 %

CMCO stock opened at $37.97 on Friday. The stock has a market capitalization of $1.09 billion, a price-to-earnings ratio of 71.64 and a beta of 1.23. The company has a 50-day moving average of $36.68 and a two-hundred day moving average of $35.11. Columbus McKinnon Co. has a 52-week low of $29.26 and a 52-week high of $45.84. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.04 and a quick ratio of 1.16.

Columbus McKinnon Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, November 18th. Shareholders of record on Friday, November 8th were issued a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 0.74%. The ex-dividend date of this dividend was Friday, November 8th. Columbus McKinnon’s dividend payout ratio (DPR) is currently 52.83%.

Insiders Place Their Bets

In related news, CEO David J. Wilson acquired 31,300 shares of the company’s stock in a transaction dated Friday, November 1st. The shares were bought at an average price of $32.02 per share, for a total transaction of $1,002,226.00. Following the acquisition, the chief executive officer now owns 31,300 shares in the company, valued at $1,002,226. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Christopher J. Stephens acquired 1,000 shares of the business’s stock in a transaction dated Thursday, November 14th. The shares were bought at an average cost of $37.34 per share, with a total value of $37,340.00. Following the transaction, the director now directly owns 6,014 shares of the company’s stock, valued at $224,562.76. The trade was a 19.94 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 1.98% of the company’s stock.

Columbus McKinnon Company Profile

Columbus McKinnon Corporation designs, manufactures, and markets motion solutions for moving, lifting, positioning, and securing materials worldwide. It offers manual, battery, electric, and air hoists; steel, rack, and pinion jacks; winches, hydraulic jacks and tools, trolleys and its clamps, and lifting tables; skates and heavy load moving systems; material handling equipment; mobile, workplace, and jib cranes; crane components and kits; and below-the-hook lifting devices, lifting slings, and lashing systems.