November 16, 2016 - By Winifred Garcia · 0 Comments
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#
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.
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By Winifred Garcia