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

Minerva Advisors LLC raised its position in shares of SIFCO Industries, Inc. (NYSE:SIF) by 10.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 466,751 shares of the company’s stock after purchasing an additional 42,862 shares during the period. SIFCO Industries comprises 1.0% of Minerva Advisors LLC’s portfolio, making the stock its 24th biggest position. Minerva Advisors LLC owned 7.56% of SIFCO Industries worth $1,754,000 at the end of the most recent reporting period.

Analyst Upgrades and Downgrades

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

SIFCO Industries Stock Down 2.8 %

Shares of NYSE SIF opened at $3.16 on Tuesday. The business has a fifty day simple moving average of $3.59 and a two-hundred day simple moving average of $3.93. The firm has a market cap of $19.42 million, a PE ratio of -4.45 and a beta of 1.20. SIFCO Industries, Inc. has a twelve month low of $2.90 and a twelve month high of $5.96.

SIFCO Industries Company 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.