WINTON GROUP Ltd Purchases New Holdings in Barnes Group Inc. (NYSE:B)

WINTON GROUP Ltd purchased a new position in shares of Barnes Group Inc. (NYSE:B) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 56,164 shares of the industrial products company’s stock, valued at approximately $2,654,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Smartleaf Asset Management LLC grew its stake in shares of Barnes Group by 117.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 621 shares of the industrial products company’s stock valued at $29,000 after buying an additional 336 shares in the last quarter. Vestcor Inc bought a new position in shares of Barnes Group in the 4th quarter valued at about $56,000. KBC Group NV increased its stake in shares of Barnes Group by 52.4% during the 4th quarter. KBC Group NV now owns 2,186 shares of the industrial products company’s stock worth $103,000 after purchasing an additional 752 shares during the last quarter. Atria Investments Inc bought a new stake in shares of Barnes Group in the 4th quarter valued at about $203,000. Finally, Cibc World Markets Corp acquired a new stake in Barnes Group in the 4th quarter valued at about $205,000. Institutional investors own 90.82% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on Barnes Group in a research report on Wednesday. They set a “sell” rating on the stock.

Barnes Group Stock Performance

NYSE B opened at $47.48 on Friday. The stock has a market cap of $2.42 billion, a PE ratio of -61.66 and a beta of 1.32. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.35 and a current ratio of 2.28. The firm has a 50-day moving average of $47.47 and a 200-day moving average of $45.97. Barnes Group Inc. has a 52-week low of $32.65 and a 52-week high of $47.50.

Barnes Group Profile

Barnes Group Inc provides engineered products, industrial technologies, and solutions in the United States and internationally. The company operates through two segments: Industrial and Aerospace. The Industrial segment offers precision components, products, and systems used by various customers in end-markets, such as mobility, industrial equipment, automation, personal care, packaging, electronics, and medical devices.