Pacific Ridge Capital Partners LLC decreased its position in ASV Holdings Inc (NASDAQ:ASV) by 10.3% in the 3rd quarter, HoldingsChannel reports. The fund owned 483,602 shares of the company’s stock after selling 55,373 shares during the period. Pacific Ridge Capital Partners LLC’s holdings in ASV were worth $2,394,000 as of its most recent filing with the Securities & Exchange Commission.
Separately, Royce & Associates LP raised its holdings in ASV by 81.4% in the 2nd quarter. Royce & Associates LP now owns 273,590 shares of the company’s stock valued at $1,584,000 after acquiring an additional 122,800 shares in the last quarter. 44.64% of the stock is owned by hedge funds and other institutional investors.
Shares of ASV opened at $3.10 on Friday. ASV Holdings Inc has a 1 year low of $2.73 and a 1 year high of $10.80. The company has a quick ratio of 0.80, a current ratio of 2.21 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $28.13 million, a PE ratio of 14.09 and a beta of 1.56.
Several equities analysts have commented on the company. Zacks Investment Research cut ASV from a “hold” rating to a “sell” rating in a report on Wednesday, November 7th. Seaport Global Securities set a $9.00 price target on ASV and gave the company a “buy” rating in a report on Monday, August 13th. ValuEngine raised ASV from a “sell” rating to a “hold” rating in a report on Monday, August 13th. Barrington Research reaffirmed a “buy” rating and issued a $9.00 price target on shares of ASV in a report on Wednesday, September 26th. Finally, Roth Capital set a $7.00 price target on ASV and gave the company a “buy” rating in a report on Monday, November 5th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $7.56.
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ASV Holdings, Inc designs and manufactures compact construction equipment in North America, Australia, and New Zealand. It offers compact track loader and skid steer loader equipment under the ASV and Terex brands. The company also offers private label original equipment manufacturing services; and pre-and post-sale dealer support, after-sale technical support, and replacement parts.
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