Notable Ownership Action: Do Institutional Investors Hate Stanley Furniture Co Inc (NASDAQ:STLY)?

November 16, 2016 - By Winifred Garcia   ·   0 Comments

Notable Ownership Action: Do Institutional Investors Hate Stanley Furniture Co Inc (NASDAQ:STLY)?

Sentiment for Stanley Furniture Co Inc (NASDAQ:STLY)

Stanley Furniture Co Inc (NASDAQ:STLY) institutional sentiment decreased to 0.62 in Q2 2016. Its down -0.82, from 1.44 in 2016Q1. The ratio is negative, as 8 investment professionals increased and opened new equity positions, while 13 cut down and sold holdings in Stanley Furniture Co Inc. The investment professionals in our partner’s database reported: 4.91 million shares, down from 4.98 million shares in 2016Q1. Also, the number of investment professionals holding Stanley Furniture Co Inc in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 1 Reduced: 12 Increased: 6 New Position: 2.

Stanley Furniture Company, Inc. is a design, marketing and sourcing resource in the wood residential furniture market. The company has a market cap of $14.45 million. The Company’s segment is sale of residential wood furniture products. It currently has negative earnings. The Firm markets its brands through a network of brick-and-mortar furniture retailers, online retailers and interior designers around the world.

The stock increased 3.00% or $0.03 on November 15, hitting $1.03. Stanley Furniture Co. (NASDAQ:STLY) has declined 60.98% since April 14, 2016 and is downtrending. It has underperformed by 65.67% the S&P500.

According to Zacks Investment Research, “Stanley Furniture Company is a designer and manufacturer of residential wood furniture exclusively targeted at the upper-medium price range. They offer diversified product lines across all major style and product categories within this price range. Their product depth and extensive style selections make them a complete wood furniture resource for retailers in its price range and allow them to respond more quickly to shifting consumer preferences.”

Heritage Wealth Advisors holds 1.29% of its portfolio in Stanley Furniture Co. for 780,424 shares. Perritt Capital Management Inc owns 200,000 shares or 0.13% of their US portfolio. Moreover, Ancora Advisors Llc has 0.11% invested in the company for 387,361 shares. The New York-based Weber Alan W has invested 0.1% in the stock. Grt Capital Partners L.L.C., a Massachusetts-based fund reported 37,436 shares.#img1#

STLY Company Profile

Stanley Furniture Company, Inc., incorporated on January 31, 1984, is a design, marketing and sourcing resource in the wood residential furniture market. The Company’s segment is sale of residential wood furniture products. The Firm markets its brands through a network of brick-and-mortar furniture retailers, online retailers and interior designers around the world. The Company’s products are marketed under the Stanley Furniture brand, but also under sub-brands, including Coastal Living and Stone & Leigh.

More news for Stanley Furniture Co. (NASDAQ:STLY) were recently published by: Quotes.Wsj.com, which released: “News Stanley Furniture Co.STLY” on February 13, 2011. Valuewalk.com‘s article titled: “Stanley Furniture Co. (STLY)’s Turnaround Has Failed To Materialize” and published on April 04, 2014 is yet another important article.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By Winifred Garcia


Readers Comments (0)





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>