SIFCO Industries, Inc. (NYSE:SIF) Shares Bought by Minerva Advisors LLC

Minerva Advisors LLC grew its holdings in shares of SIFCO Industries, Inc. (NYSE:SIF) by 12.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 423,889 shares of the company’s stock after purchasing an additional 45,281 shares during the period. SIFCO Industries makes up approximately 1.1% of Minerva Advisors LLC’s investment portfolio, making the stock its 22nd largest holding. Minerva Advisors LLC owned 6.86% of SIFCO Industries worth $1,971,000 as of its most recent filing with the SEC.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on SIFCO Industries in a report on Monday. They set a “buy” rating on the stock.

SIFCO Industries Price Performance

Shares of SIF opened at $3.54 on Tuesday. The firm has a market capitalization of $21.88 million, a price-to-earnings ratio of -2.62 and a beta of 1.23. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.75 and a current ratio of 0.99. SIFCO Industries, Inc. has a one year low of $2.87 and a one year high of $5.96. The stock’s fifty day moving average is $4.20 and its 200-day moving average is $3.73.

About SIFCO Industries

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.