Barclays PLC Purchases 20,482 Shares of Mistras Group, Inc. (NYSE:MG)

Barclays PLC boosted its position in Mistras Group, Inc. (NYSE:MG) by 118.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 37,760 shares of the technology company’s stock after purchasing an additional 20,482 shares during the quarter. Barclays PLC owned approximately 0.12% of Mistras Group worth $430,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in MG. Mill Road Capital Management LLC boosted its position in shares of Mistras Group by 4.7% in the 3rd quarter. Mill Road Capital Management LLC now owns 1,599,145 shares of the technology company’s stock worth $18,182,000 after purchasing an additional 72,025 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Mistras Group by 3.5% in the second quarter. Dimensional Fund Advisors LP now owns 1,311,715 shares of the technology company’s stock worth $10,874,000 after acquiring an additional 44,550 shares in the last quarter. Foundry Partners LLC grew its stake in shares of Mistras Group by 1.0% in the third quarter. Foundry Partners LLC now owns 379,713 shares of the technology company’s stock worth $4,317,000 after acquiring an additional 3,593 shares during the last quarter. State Street Corp increased its holdings in shares of Mistras Group by 4.8% during the third quarter. State Street Corp now owns 317,579 shares of the technology company’s stock valued at $3,611,000 after acquiring an additional 14,651 shares in the last quarter. Finally, Empowered Funds LLC raised its position in shares of Mistras Group by 5.3% in the 3rd quarter. Empowered Funds LLC now owns 193,514 shares of the technology company’s stock worth $2,200,000 after purchasing an additional 9,782 shares during the last quarter. Hedge funds and other institutional investors own 74.92% of the company’s stock.

Mistras Group Stock Up 2.5 %

Mistras Group stock opened at $9.10 on Friday. Mistras Group, Inc. has a 12 month low of $7.22 and a 12 month high of $12.44. The stock has a fifty day simple moving average of $9.17 and a two-hundred day simple moving average of $9.89. The company has a current ratio of 1.68, a quick ratio of 1.55 and a debt-to-equity ratio of 0.93. The firm has a market cap of $282.19 million, a price-to-earnings ratio of 26.00, a PEG ratio of 0.80 and a beta of 1.77.

Mistras Group Company Profile

Mistras Group, Inc provides technology-enabled asset protection solutions in the United States, other Americas, Europe, and the Asia-Pacific. The company offers non-destructive testing services; inline inspection for pipelines; and plant condition management software. It also provides maintenance and light mechanical services, such as corrosion removal, mitigation and prevention, insulation installation and removal, electrical, heat tracing, industrial cleaning, pipefitting, and welding; engineering consulting services primarily for process equipment, technologies, and facilities; and utilizes scaffolding and rope access to access at-height and confined assets.