Acme United Co. (ACU) Shares Trimmed by Royce & Associates LP

Acme United Co. (ACU) Shares Trimmed by Royce & Associates LP

Other hedge funds and other institutional investors also recently bought and sold shares of the company. North Star Investment Management Corp. boosted its holdings in Acme United by 0.4% during the fourth quarter. North Star Investment Management Corp. now owns 619,454 shares of the company’s stock worth $8,827,000 after buying an additional 2,691 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Acme United by 2.5% during the third quarter. Dimensional Fund Advisors LP now owns 143,304 shares of the company’s stock worth $3,050,000 after buying an additional 3,456 shares in the last quarter. Renaissance Technologies LLC boosted its holdings in Acme United by 3.1% during the third quarter. Renaissance Technologies LLC now owns 144,800 shares of the company’s stock worth $3,081,000 after buying an additional 4,300 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Acme United by 12.9% during the third quarter. Vanguard Group Inc. now owns 93,497 shares of the company’s stock worth $1,990,000 after buying an additional 10,700 shares in the last quarter. Finally, Vanguard Group Inc boosted its holdings in Acme United by 12.9% during the third quarter. Vanguard Group Inc now owns 93,497 shares of the company’s stock worth $1,990,000 after buying an additional 10,700 shares in the last quarter.

Royce & Associates LP lessened its stake in shares of Acme United Co. (NYSEAMERICAN:ACU) by 8.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 128,663 shares of the company’s stock after selling 11,900 shares during the quarter. Royce & Associates LP owned about 3.82% of Acme United worth $1,833,000 at the end of the most recent reporting period.

Separately, Zacks Investment Research raised shares of Acme United from a “hold” rating to a “buy” rating and set a $19.00 price objective for the company in a research note on Monday, March 4th.

Acme United stock opened at $17.11 on Thursday. Acme United Co. has a 52 week low of $13.50 and a 52 week high of $23.56.

Acme United (NYSEAMERICAN:ACU) last posted its quarterly earnings data on Thursday, February 28th. The company reported $0.17 EPS for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.02).

Acme United Company Profile

Acme United Corporation, together with its subsidiaries, supplies cutting, measuring, first aid, and sharpening products to the school, home, office, hardware, sporting good, and industrial markets in the United States, Canada, Europe, and Asia. It offers scissors, shears, rulers, pencil sharpeners, paper trimmers, lettering products, and math tools under the Westcott brand name; and cutting tools for hardware and industrial, lawn and garden, food processing, sewing, and housewares channels under the Clauss brand.

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