Walthausen & Co. LLC lowered its holdings in CSS Industries Inc (NYSE:CSS) by 1.1% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 316,813 shares of the specialty retailer’s stock after selling 3,460 shares during the period. Walthausen & Co. LLC’s holdings in CSS Industries were worth $1,397,000 at the end of the most recent reporting period.
Several other hedge funds have also made changes to their positions in CSS. Renaissance Technologies LLC grew its holdings in shares of CSS Industries by 8.3% in the fourth quarter. Renaissance Technologies LLC now owns 324,019 shares of the specialty retailer’s stock valued at $1,429,000 after purchasing an additional 24,900 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of CSS Industries by 90.8% in the 4th quarter. Bank of America Corp DE now owns 39,532 shares of the specialty retailer’s stock valued at $175,000 after acquiring an additional 18,809 shares during the period. Finally, Thrivent Financial for Lutherans increased its holdings in shares of CSS Industries by 9.9% in the 4th quarter. Thrivent Financial for Lutherans now owns 125,157 shares of the specialty retailer’s stock valued at $552,000 after acquiring an additional 11,261 shares during the period. Hedge funds and other institutional investors own 56.35% of the company’s stock.
Shares of CSS Industries stock remained flat at $$9.40 during trading on Thursday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.00 and a current ratio of 1.80. The firm has a market capitalization of $83.47 million, a PE ratio of -2.03 and a beta of 0.72. The business has a 50-day simple moving average of $9.39 and a two-hundred day simple moving average of $5.95. CSS Industries Inc has a twelve month low of $3.54 and a twelve month high of $9.40.
CSS Industries, Inc, a consumer products company, designs, manufactures, procures, distributes, and sells seasonal, gift, and craft products principally to mass market retailers in the United States and Canada. Its craft and gift consumer products include craft ribbons and bows, trims, buttons, sewing patterns, knitting needles, needle arts, kids' crafts, infant products, journals, gift card holders, all occasion boxed greeting cards, memory books, scrapbooks, stationery, stickers, and other gift and craft items, as well as floral accessories, including pot covers, foil, waxed tissue, shred, aisle runners, corsage bags, and other paper and film products.
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