Ampco Pittsburgh Corp (NYSE:AP): Institutional Investors Are Worried

Sentiment for Ampco Pittsburgh Corp (NYSE:AP)

Ampco Pittsburgh Corp (NYSE:AP) institutional sentiment decreased to 0.5 in Q3 2015. Its down -0.35, from 0.85 in 2015Q2. The ratio has worsened, as 28 investment professionals increased or opened new holdings, while 33 cut down and sold holdings in Ampco Pittsburgh Corp. The investment professionals in our partner’s database now own: 10.76 million shares, up from 6.10 million shares in 2015Q2. Also, the number of investment professionals holding Ampco Pittsburgh Corp in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 13 Reduced: 20 Increased: 21 New Position: 7.

Ampco-Pittsburgh Corporation is a producer of forged and cast rolls for the steel and aluminum industries across the world, as well as ingot and open die forged products for the gas and oil, aluminum, and plastic extrusion industries. The company has a market cap of $191.19 million. The Firm is a producer of air and liquid processing equipment, primarily finned tube heat exchange coils, air handling systems and centrifugal pumps. It has 117.71 P/E ratio. The Firm operates its businesses in two divisions: Forged and Cast Engineered Products, and Air and Liquid Processing.

About 35,119 shares traded hands or 5.52% up from the average. Ampco-Pittsburgh Corp (NYSE:AP) has risen 26.88% since September 1, 2015 and is uptrending. It has outperformed by 20.19% the S&P500.

According to Zacks Investment Research, “Ampco-Pittsburgh Corporation’s businesses are classified in three segments: Forged and Cast Rolls, Air and Liquid Processing, and Plastics Processing Machinery.”

Morgan Dempsey Capital Management Llc holds 0.58% of its portfolio in Ampco-Pittsburgh Corp for 151,421 shares. Qv Investors Inc. owns 412,659 shares or 0.54% of their US portfolio. Moreover, Minerva Advisors Llc has 0.46% invested in the company for 59,971 shares. The New York-based Teton Advisors Inc. has invested 0.35% in the stock. Rbf Capital Llc, a California-based fund reported 100,000 shares.#img1#

Since March 6, 2015, the stock had 0 insider purchases, and 1 insider sale for $5,837 net activity. Gamco Investors - Inc. Et Al sold 500 shares worth $5,837. Stanik John S bought 2,000 shares worth $36,389.

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