Yousif Capital Management LLC Sells 58 Shares of Standex International Co. (NYSE:SXI)

Yousif Capital Management LLC lessened its holdings in Standex International Co. (NYSE:SXI) by 1.3% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,567 shares of the industrial products company’s stock after selling 58 shares during the period. Yousif Capital Management LLC’s holdings in Standex International were worth $854,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. GAMMA Investing LLC grew its position in Standex International by 93.5% during the third quarter. GAMMA Investing LLC now owns 149 shares of the industrial products company’s stock valued at $27,000 after acquiring an additional 72 shares during the last quarter. Peterson Financial Group Inc. purchased a new stake in shares of Standex International in the 3rd quarter valued at $44,000. Versant Capital Management Inc grew its holdings in shares of Standex International by 27.0% during the 4th quarter. Versant Capital Management Inc now owns 301 shares of the industrial products company’s stock valued at $56,000 after purchasing an additional 64 shares during the last quarter. KBC Group NV raised its position in Standex International by 45.7% in the 4th quarter. KBC Group NV now owns 548 shares of the industrial products company’s stock worth $102,000 after purchasing an additional 172 shares during the period. Finally, US Bancorp DE lifted its stake in Standex International by 15.2% in the third quarter. US Bancorp DE now owns 623 shares of the industrial products company’s stock worth $114,000 after purchasing an additional 82 shares during the last quarter. Institutional investors own 90.35% of the company’s stock.

Insider Buying and Selling at Standex International

In other news, CFO Ademir Sarcevic sold 1,600 shares of the firm’s stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $199.81, for a total transaction of $319,696.00. Following the transaction, the chief financial officer now directly owns 18,086 shares of the company’s stock, valued at approximately $3,613,763.66. This trade represents a 8.13 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 2.10% of the company’s stock.

Standex International Trading Down 0.7 %

Standex International stock opened at $188.85 on Friday. Standex International Co. has a 12-month low of $154.45 and a 12-month high of $212.65. The firm has a market capitalization of $2.25 billion, a price-to-earnings ratio of 41.23, a P/E/G ratio of 2.68 and a beta of 1.06. The firm has a 50 day moving average of $191.03 and a 200 day moving average of $186.01. The company has a current ratio of 3.37, a quick ratio of 2.83 and a debt-to-equity ratio of 0.81.

Standex International (NYSE:SXI) last announced its quarterly earnings data on Thursday, January 30th. The industrial products company reported $1.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.68 by $0.23. Standex International had a net margin of 7.59% and a return on equity of 13.28%. As a group, research analysts predict that Standex International Co. will post 8 earnings per share for the current year.

Standex International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be paid a dividend of $0.32 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.28 annualized dividend and a yield of 0.68%. Standex International’s payout ratio is currently 27.95%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Barrington Research reaffirmed an “outperform” rating and set a $220.00 price objective on shares of Standex International in a research note on Monday, February 3rd. DA Davidson upped their price target on Standex International from $222.00 to $224.00 and gave the company a “buy” rating in a research report on Tuesday, February 4th. Benchmark lifted their price objective on Standex International from $210.00 to $250.00 and gave the stock a “buy” rating in a research report on Wednesday, October 30th. Finally, StockNews.com downgraded Standex International from a “buy” rating to a “hold” rating in a report on Monday, February 3rd.

About Standex International

Standex International Corporation, together with subsidiaries, engages in the manufacture and sale of various products and services for commercial and industrial markets in the United States and internationally. It operates through five segments: Electronics, Engraving, Scientific, Engineering Technologies, and Specialty Solutions.