Heck Capital Advisors LLC Takes $50,000 Position in Mistras Group, Inc. (NYSE:MG)

Heck Capital Advisors LLC bought a new stake in Mistras Group, Inc. (NYSE:MG) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,555 shares of the technology company’s stock, valued at approximately $50,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MG. American Century Companies Inc. lifted its holdings in shares of Mistras Group by 27.6% during the 2nd quarter. American Century Companies Inc. now owns 14,536 shares of the technology company’s stock worth $121,000 after acquiring an additional 3,143 shares during the period. Public Employees Retirement System of Ohio lifted its stake in Mistras Group by 193.7% during the third quarter. Public Employees Retirement System of Ohio now owns 12,583 shares of the technology company’s stock worth $143,000 after purchasing an additional 8,298 shares during the period. XTX Topco Ltd bought a new position in Mistras Group during the third quarter worth about $151,000. Wealth Enhancement Advisory Services LLC boosted its stake in Mistras Group by 21.7% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 18,630 shares of the technology company’s stock valued at $212,000 after buying an additional 3,327 shares in the last quarter. Finally, BNP Paribas Financial Markets lifted its holdings in shares of Mistras Group by 516.2% during the third quarter. BNP Paribas Financial Markets now owns 26,165 shares of the technology company’s stock valued at $297,000 after acquiring an additional 21,919 shares during the period. 74.92% of the stock is owned by institutional investors.

Mistras Group Stock Performance

NYSE:MG opened at $9.94 on Monday. The stock has a market capitalization of $308.18 million, a P/E ratio of 28.39, a price-to-earnings-growth ratio of 0.72 and a beta of 1.77. Mistras Group, Inc. has a 1 year low of $7.45 and a 1 year high of $12.44. The firm has a 50 day moving average of $9.26 and a 200-day moving average of $10.09. The company has a current ratio of 1.68, a quick ratio of 1.55 and a debt-to-equity ratio of 0.93.

Mistras Group Company Profile

Mistras Group, Inc provides technology-enabled asset protection solutions in the United States, other Americas, Europe, and the Asia-Pacific. The company offers non-destructive testing services; inline inspection for pipelines; and plant condition management software. It also provides maintenance and light mechanical services, such as corrosion removal, mitigation and prevention, insulation installation and removal, electrical, heat tracing, industrial cleaning, pipefitting, and welding; engineering consulting services primarily for process equipment, technologies, and facilities; and utilizes scaffolding and rope access to access at-height and confined assets.