Beryl Capital Management LLC Invests $6.35 Million in Servotronics, Inc. $SVT

Beryl Capital Management LLC purchased a new stake in Servotronics, Inc. (NYSEAMERICAN:SVT) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 135,343 shares of the conglomerate’s stock, valued at approximately $6,353,000. Servotronics makes up 1.0% of Beryl Capital Management LLC’s investment portfolio, making the stock its 14th biggest holding. Beryl Capital Management LLC owned about 5.29% of Servotronics at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the stock. Quinn Opportunity Partners LLC bought a new position in Servotronics in the 2nd quarter worth about $4,528,000. Gamco Investors INC. ET AL purchased a new stake in shares of Servotronics in the second quarter worth about $516,000. Skandinaviska Enskilda Banken AB publ purchased a new stake in shares of Servotronics in the second quarter worth about $237,000. Raymond James Financial Inc. bought a new position in shares of Servotronics in the second quarter valued at approximately $26,000. Finally, Geode Capital Management LLC grew its stake in Servotronics by 8.8% during the second quarter. Geode Capital Management LLC now owns 15,045 shares of the conglomerate’s stock valued at $706,000 after acquiring an additional 1,220 shares in the last quarter. Hedge funds and other institutional investors own 24.77% of the company’s stock.

Servotronics Price Performance

NYSEAMERICAN SVT opened at $46.94 on Friday. The company’s 50 day simple moving average is $46.94 and its two-hundred day simple moving average is $46.80. Servotronics, Inc. has a 1 year low of $9.67 and a 1 year high of $47.48. The stock has a market capitalization of $120.17 million, a PE ratio of -109.16 and a beta of 1.49.

Servotronics Company Profile

Servotronics, Inc designs, manufactures, and markets servo-control components and other technology products for aerospace, military, and medical applications in the United States and internationally. It offers high-performance servo valves, including torque motor, hydraulic, and pneumatic valves. The company offers its products to products are sold to commercial aerospace, government, medical, and industrial markets.