Mistras Group, Inc. (NYSE:MG) Shares Purchased by Geode Capital Management LLC

Geode Capital Management LLC grew its position in shares of Mistras Group, Inc. (NYSE:MG) by 0.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 453,389 shares of the technology company’s stock after purchasing an additional 4,014 shares during the period. Geode Capital Management LLC’s holdings in Mistras Group were worth $5,156,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Rhumbline Advisers increased its stake in Mistras Group by 12.3% in the second quarter. Rhumbline Advisers now owns 26,250 shares of the technology company’s stock valued at $218,000 after purchasing an additional 2,884 shares during the last quarter. American Century Companies Inc. lifted its holdings in shares of Mistras Group by 27.6% during the 2nd quarter. American Century Companies Inc. now owns 14,536 shares of the technology company’s stock worth $121,000 after acquiring an additional 3,143 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in shares of Mistras Group by 21.7% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 18,630 shares of the technology company’s stock worth $212,000 after acquiring an additional 3,327 shares during the last quarter. Foundry Partners LLC grew its holdings in Mistras Group by 1.0% in the third quarter. Foundry Partners LLC now owns 379,713 shares of the technology company’s stock valued at $4,317,000 after purchasing an additional 3,593 shares during the period. Finally, GSA Capital Partners LLP raised its stake in Mistras Group by 13.0% during the third quarter. GSA Capital Partners LLP now owns 51,797 shares of the technology company’s stock worth $589,000 after purchasing an additional 5,962 shares during the period. 74.92% of the stock is currently owned by hedge funds and other institutional investors.

Mistras Group Stock Up 2.5 %

Shares of MG opened at $9.10 on Friday. The firm has a market cap of $282.19 million, a PE ratio of 26.00, a price-to-earnings-growth ratio of 0.80 and a beta of 1.77. The company has a quick ratio of 1.55, a current ratio of 1.68 and a debt-to-equity ratio of 0.93. The company’s fifty day moving average is $9.17 and its two-hundred day moving average is $9.89. Mistras Group, Inc. has a fifty-two week low of $7.22 and a fifty-two week high of $12.44.

Mistras Group Company Profile

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.