Ritholtz Wealth Management Has $200,000 Holdings in Alpha Pro Tech, Ltd. (NYSE:APT)

Ritholtz Wealth Management cut its position in shares of Alpha Pro Tech, Ltd. (NYSE:APT) by 8.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 36,276 shares of the company’s stock after selling 3,348 shares during the period. Ritholtz Wealth Management owned about 0.31% of Alpha Pro Tech worth $200,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of APT. Acadian Asset Management LLC lifted its position in Alpha Pro Tech by 893.0% in the first quarter. Acadian Asset Management LLC now owns 120,296 shares of the company’s stock worth $750,000 after purchasing an additional 108,181 shares during the period. Hillsdale Investment Management Inc. bought a new position in Alpha Pro Tech in the first quarter worth $91,000. O Shaughnessy Asset Management LLC lifted its position in Alpha Pro Tech by 226.4% in the first quarter. O Shaughnessy Asset Management LLC now owns 90,015 shares of the company’s stock worth $562,000 after purchasing an additional 62,437 shares during the period. Finally, Linden Thomas Advisory Services LLC lifted its position in Alpha Pro Tech by 2.2% in the second quarter. Linden Thomas Advisory Services LLC now owns 163,644 shares of the company’s stock worth $900,000 after purchasing an additional 3,511 shares during the period. 22.69% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, StockNews.com raised Alpha Pro Tech from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, August 14th.

Alpha Pro Tech Price Performance

Shares of APT stock opened at $5.75 on Friday. The stock has a market cap of $67.21 million, a P/E ratio of 15.97 and a beta of -0.74. The stock has a fifty day moving average price of $5.82 and a 200 day moving average price of $5.73. Alpha Pro Tech, Ltd. has a one year low of $3.93 and a one year high of $6.92.

Alpha Pro Tech (NYSE:APT) last issued its quarterly earnings data on Wednesday, August 7th. The company reported $0.15 earnings per share (EPS) for the quarter. The company had revenue of $16.29 million during the quarter. Alpha Pro Tech had a return on equity of 7.64% and a net margin of 7.71%.

Alpha Pro Tech Company Profile

Alpha Pro Tech, Ltd., together with its subsidiaries, develops, manufactures, and markets a range of disposable protective apparel, infection control, and building supply products in the United States and internationally. The company operates through Disposable Protective Apparel and Building Supply segments.