Minerva Advisors LLC Buys 42,862 Shares of SIFCO Industries, Inc. (NYSE:SIF)

Minerva Advisors LLC lifted its stake in SIFCO Industries, Inc. (NYSE:SIF) by 10.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 466,751 shares of the company’s stock after acquiring an additional 42,862 shares during the period. SIFCO Industries accounts for 1.0% of Minerva Advisors LLC’s portfolio, making the stock its 24th largest position. Minerva Advisors LLC owned 0.08% of SIFCO Industries worth $1,754,000 as of its most recent filing with the Securities and Exchange Commission.

SIFCO Industries Price Performance

Shares of SIF stock opened at $3.16 on Tuesday. SIFCO Industries, Inc. has a 1-year low of $2.90 and a 1-year high of $5.96. The stock’s fifty day moving average price is $3.59 and its 200 day moving average price is $3.93. The company has a market cap of $19.42 million, a price-to-earnings ratio of -4.45 and a beta of 1.20.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on SIFCO Industries in a research report on Saturday. They issued a “buy” rating for the company.

SIFCO Industries Profile

SIFCO Industries, Inc, together with its subsidiaries, produces and sells forgings and machined components primarily for the aerospace and energy markets in North America and Europe. The company’s processes and services include forging, heat-treating, chemical processing, and machining. It also offers original equipment manufacturer and aftermarket components for aircraft and industrial gas turbine engines; steam turbine blades; structural airframe components; aircraft landing gear components; aircraft wheels and brakes; rotating components for helicopters; and commercial/industrial products.