Leggett & Platt Inc. (NYSE:LEG) was downgraded by
Citigroup Inc. to a “market perform” rating in a note issued to investors on
Monday, The Fly reports.
A number of hedge funds and institutional investors recently
made changes to their positions in the stock. ING Groep NV bought a new
position in shares of Leggett & Platt during the second quarter worth about
$244,000. First Midwest Bank Trust Division boosted its position in shares of
Leggett & Platt by 50.6% in the second quarter. First Midwest Bank Trust
Division now owns 18,498 shares of the company’s stock worth $945,000 after
buying an additional 6,215 shares during the last quarter. GW&K Investment
Management LLC boosted its position in shares of Leggett & Platt by 6.6% in
the second quarter. GW&K Investment Management LLC now owns 524,855 shares
of the company’s stock worth $26,825,000 after buying an additional 32,346
shares during the last quarter. Speece Thorson Capital Group Inc. boosted its
position in shares of Leggett & Platt by 1.4% in the second quarter. Speece
Thorson Capital Group Inc. now owns 278,985 shares of the company’s stock worth
$14,259,000 after buying an additional 3,748 shares during the last quarter.
Finally, Candriam Luxembourg S.C.A. boosted its position in shares of Leggett
& Platt by 175.8% in the second quarter. Candriam Luxembourg S.C.A. now
owns 45,807 shares of the company’s stock worth $2,341,000 after buying an
additional 29,196 shares during the last quarter.
Source: American Banking and Market News
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