Jump Financial LLC purchased a new position in Tecnoglass Inc. (NASDAQ:TGLS - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 12,291 shares of the company's stock, valued at approximately $975,000.
A number of other large investors have also recently bought and sold shares of TGLS. USA Financial Formulas bought a new stake in shares of Tecnoglass during the 4th quarter valued at about $26,000. R Squared Ltd acquired a new position in Tecnoglass in the fourth quarter valued at approximately $70,000. Signaturefd LLC boosted its holdings in shares of Tecnoglass by 32.6% during the 4th quarter. Signaturefd LLC now owns 898 shares of the company's stock worth $71,000 after buying an additional 221 shares in the last quarter. Covestor Ltd grew its position in shares of Tecnoglass by 6,293.8% during the 4th quarter. Covestor Ltd now owns 1,023 shares of the company's stock worth $81,000 after buying an additional 1,007 shares during the period. Finally, Quadrant Capital Group LLC increased its stake in shares of Tecnoglass by 18.7% in the 4th quarter. Quadrant Capital Group LLC now owns 1,079 shares of the company's stock valued at $86,000 after acquiring an additional 170 shares in the last quarter. 37.35% of the stock is currently owned by institutional investors and hedge funds.
Tecnoglass Stock Up 0.2 %
NASDAQ TGLS traded up $0.15 on Friday, hitting $72.25. 190,827 shares of the company were exchanged, compared to its average volume of 363,857. The company has a current ratio of 2.21, a quick ratio of 1.63 and a debt-to-equity ratio of 0.20. The company has a market cap of $3.40 billion, a PE ratio of 22.58 and a beta of 1.66. The stock has a fifty day moving average of $69.61 and a 200-day moving average of $74.68. Tecnoglass Inc. has a 12 month low of $40.94 and a 12 month high of $86.99.
Tecnoglass Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Monday, March 31st will be paid a $0.15 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.60 annualized dividend and a dividend yield of 0.83%. Tecnoglass's dividend payout ratio is presently 17.49%.
Tecnoglass Profile
(
Free Report)
Tecnoglass Inc manufactures, supplies, and installs architectural glass, windows, and associated aluminum and vinyl products for commercial and residential construction markets in Colombia, the United States, Panama, and internationally. The company provides low emissivity, laminated/thermo-laminated, thermo-acoustic, tempered, silk-screened, curved, and digital print glass products.
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