State Street Corp Has $3.61 Million Stock Holdings in Mistras Group, Inc. (NYSE:MG)

State Street Corp boosted its holdings in shares of Mistras Group, Inc. (NYSE:MG) by 4.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 317,579 shares of the technology company’s stock after purchasing an additional 14,651 shares during the period. State Street Corp’s holdings in Mistras Group were worth $3,611,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Mercer Global Advisors Inc. ADV acquired a new stake in shares of Mistras Group in the second quarter valued at approximately $600,000. Inspire Investing LLC acquired a new stake in Mistras Group in the third quarter worth $907,000. Mill Road Capital Management LLC grew its holdings in shares of Mistras Group by 4.7% in the 3rd quarter. Mill Road Capital Management LLC now owns 1,599,145 shares of the technology company’s stock valued at $18,182,000 after buying an additional 72,025 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in shares of Mistras Group by 21.7% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 18,630 shares of the technology company’s stock valued at $212,000 after buying an additional 3,327 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in Mistras Group by 3.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,311,715 shares of the technology company’s stock worth $10,874,000 after purchasing an additional 44,550 shares in the last quarter. 74.92% of the stock is currently owned by institutional investors.

Mistras Group Trading Up 0.4 %

MG opened at $8.99 on Tuesday. The firm’s fifty day simple moving average is $9.33 and its 200 day simple moving average is $9.89. Mistras Group, Inc. has a 12 month low of $7.09 and a 12 month high of $12.44. The stock has a market capitalization of $278.78 million, a P/E ratio of 25.69, a P/E/G ratio of 0.80 and a beta of 1.78. The company has a current ratio of 1.68, a quick ratio of 1.55 and a debt-to-equity ratio of 0.93.

About Mistras Group

Mistras Group, Inc provides technology-enabled asset protection solutions in the United States, other Americas, Europe, and the Asia-Pacific. The company offers non-destructive testing services; inline inspection for pipelines; and plant condition management software. It also provides maintenance and light mechanical services, such as corrosion removal, mitigation and prevention, insulation installation and removal, electrical, heat tracing, industrial cleaning, pipefitting, and welding; engineering consulting services primarily for process equipment, technologies, and facilities; and utilizes scaffolding and rope access to access at-height and confined assets.