180 Degree Capital’s (TURN) Sell (D-) Rating Reaffirmed at Weiss Ratings

Weiss Ratings restated their sell (d-) rating on shares of 180 Degree Capital (NASDAQ:TURN) in a report issued on Wednesday morning,Weiss Ratings reports.

180 Degree Capital Stock Performance

Shares of TURN stock opened at $3.94 on Wednesday. 180 Degree Capital has a 1 year low of $3.12 and a 1 year high of $4.25. The stock’s 50 day simple moving average is $3.92 and its two-hundred day simple moving average is $3.85.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. XTX Topco Ltd purchased a new position in 180 Degree Capital during the 1st quarter valued at about $53,000. Tabor Asset Management LP purchased a new stake in 180 Degree Capital in the first quarter valued at $66,000. Financial Consulate Inc. purchased a new stake in 180 Degree Capital in the 1st quarter worth approximately $1,488,000. Principal Street Partners LLC boosted its position in 180 Degree Capital by 77.5% during the fourth quarter. Principal Street Partners LLC now owns 24,050 shares of the company’s stock worth $88,000 after purchasing an additional 10,500 shares in the last quarter. Finally, Raffles Associates LP lifted its holdings in 180 Degree Capital by 8.3% during the fourth quarter. Raffles Associates LP now owns 321,724 shares of the company’s stock valued at $1,181,000 after purchasing an additional 24,631 shares in the last quarter. Hedge funds and other institutional investors own 19.78% of the company’s stock.

About 180 Degree Capital

180 Degree Capital Corp. is a publicly owned corporate pension plan sponsor. It primarily provides its services to pension and profit sharing plans. The firm is a large advisory firm which provides portfolio management for pooled investment vehicles, pension consulting services. It manages separate client focused equity and balanced funds.