First Trust Advisors LP cut its stake in Landauer Inc. (NYSE:LDR) by 37.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,957 shares of the company’s stock after selling 3,015 shares during the period. First Trust Advisors LP owned 0.05% of Landauer worth $204,000 as of its most recent filing with the SEC.
Other large investors have also recently added to or reduced their stakes in the company. Virginia Retirement System bought a new stake in shares of Landauer during the first quarter worth $317,000. Ngam Advisors L.P. raised its stake in shares of Landauer by 10.5% in the first quarter. Ngam Advisors L.P. now owns 11,874 shares of the company’s stock worth $393,000 after buying an additional 1,128 shares during the last quarter. Prudential Financial Inc. raised its stake in shares of Landauer by 3.6% in the first quarter. Prudential Financial Inc. now owns 23,104 shares of the company’s stock worth $764,000 after buying an additional 800 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of Landauer by 9.9% in the first quarter. JPMorgan Chase & Co. now owns 94,750 shares of the company’s stock worth $3,134,000 after buying an additional 8,525 shares during the last quarter. Finally, Picton Mahoney Asset Management bought a new stake in shares of Landauer during the first quarter worth $238,000. Hedge funds and other institutional investors own 86.32% of the company’s stock.
Landauer Inc. (NYSE:LDR) traded down 0.11% during midday trading on Tuesday, hitting $44.60. 5,731 shares of the stock traded hands. The company’s 50-day moving average is $45.07 and its 200 day moving average is $40.94. Landauer Inc. has a 12-month low of $26.99 and a 12-month high of $49.74. The firm has a market cap of $428.29 million, a P/E ratio of 24.11 and a beta of 1.08.
Landauer (NYSE:LDR) last announced its quarterly earnings data on Monday, August 8th. The company reported $0.58 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.39 by $0.19. Landauer had a net margin of 11.63% and a return on equity of 102.93%. The firm earned $37.90 million during the quarter, compared to analyst estimates of $35.24 million. On average, analysts anticipate that Landauer Inc. will post $1.76 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 5th. Investors of record on Friday, September 16th were issued a $0.275 dividend. This represents a $1.10 dividend on an annualized basis and a dividend yield of 2.46%. The ex-dividend date was Wednesday, September 14th. Landauer’s dividend payout ratio is currently 59.14%.
A number of equities research analysts recently weighed in on LDR shares. Zacks Investment Research upgraded shares of Landauer from a “hold” rating to a “buy” rating and set a $54.00 price objective for the company in a report on Wednesday, August 10th. Hilliard Lyons lowered shares of Landauer from a “neutral” rating to an “underperform” rating in a report on Friday, July 1st. Finally, Sidoti lowered shares of Landauer from a “buy” rating to a “neutral” rating and set a $52.00 price objective for the company. in a report on Tuesday, August 16th.
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.