Atria Investments Inc Takes $203,000 Position in Barnes Group Inc. (NYSE:B)

Atria Investments Inc bought a new position in shares of Barnes Group Inc. (NYSE:B) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 4,293 shares of the industrial products company’s stock, valued at approximately $203,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in B. Smartleaf Asset Management LLC grew its stake in Barnes Group by 117.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 621 shares of the industrial products company’s stock valued at $29,000 after acquiring an additional 336 shares during the period. KBC Group NV grew its position in shares of Barnes Group by 52.4% in the fourth quarter. KBC Group NV now owns 2,186 shares of the industrial products company’s stock valued at $103,000 after purchasing an additional 752 shares during the period. Centiva Capital LP acquired a new stake in shares of Barnes Group in the third quarter valued at about $212,000. Modera Wealth Management LLC purchased a new stake in shares of Barnes Group during the fourth quarter worth about $220,000. Finally, Cable Hill Partners LLC acquired a new position in shares of Barnes Group during the 4th quarter worth about $223,000. 90.82% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on shares of Barnes Group in a research note on Tuesday. They issued a “sell” rating on the stock.

Barnes Group Price Performance

B stock opened at $47.48 on Wednesday. The business has a 50 day moving average price of $47.44 and a 200 day moving average price of $45.63. The company has a quick ratio of 1.35, a current ratio of 2.28 and a debt-to-equity ratio of 0.87. The stock has a market cap of $2.42 billion, a price-to-earnings ratio of -61.66 and a beta of 1.32. Barnes Group Inc. has a fifty-two week low of $32.65 and a fifty-two week high of $47.50.

About Barnes Group

Barnes Group Inc provides engineered products, industrial technologies, and solutions in the United States and internationally. The company operates through two segments: Industrial and Aerospace. The Industrial segment offers precision components, products, and systems used by various customers in end-markets, such as mobility, industrial equipment, automation, personal care, packaging, electronics, and medical devices.