Landauer Inc. (NYSE:LDR) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued on Tuesday.
According to Zacks, “Landauer Inc. is the world’s leading provider of analytical services to determine occupational and environmental radiation exposure. For more than fifty years, the company has provided complete radiation dosimetry services to hospitals, medical and dental offices, universities, national laboratories, and other industries in which radiation poses a potential threat to employees. Landauer’s services include the manufacture of various types of radiation detection monitors, the distribution and collection of the monitors to and from clients, and the analysis and reporting of exposure findings. The company provides its services to one.five million people in the United States, Japan, France, the United Kingdom, Brazil, Canada, China, Australia and other countries. “
Separately, Sidoti cut Landauer from a “buy” rating to a “neutral” rating and set a $52.00 price target on the stock. in a research note on Tuesday, August 16th.
Landauer (NYSE:LDR) traded up 1.54% on Tuesday, reaching $52.70. 12,584 shares of the company traded hands. The stock has a market capitalization of $506.08 million, a price-to-earnings ratio of 28.49 and a beta of 1.21. Landauer has a 52-week low of $26.99 and a 52-week high of $53.15. The firm has a 50 day moving average price of $45.67 and a 200 day moving average price of $43.30.
A number of institutional investors have recently modified their holdings of the company. Credit Suisse AG boosted its position in shares of Landauer by 42.2% in the third quarter. Credit Suisse AG now owns 16,029 shares of the company’s stock worth $713,000 after buying an additional 4,758 shares in the last quarter. Panagora Asset Management Inc. boosted its position in Landauer by 84.4% in the third quarter. Panagora Asset Management Inc. now owns 17,321 shares of the company’s stock valued at $770,000 after buying an additional 7,930 shares during the period. D. E. Shaw & Co. Inc. boosted its position in Landauer by 67.8% in the third quarter. D. E. Shaw & Co. Inc. now owns 19,221 shares of the company’s stock valued at $855,000 after buying an additional 7,767 shares during the period. The Manufacturers Life Insurance Company acquired a new position in Landauer during the third quarter valued at $301,000. Finally, Two Sigma Advisers LP acquired a new position in Landauer during the third quarter valued at $374,000. 85.02% of the stock is currently owned by hedge funds and other institutional investors.
Landauer Company Profile
Landauer, Inc (Landauer) is a provider of technical and analytical services to determine occupational and environmental radiation exposure. The Company is a domestic provider of outsourced medical physics services and a provider of radiology related medical products. It operates in three business segments: Radiation Measurement, Medical Physics and Medical Products.