Y.D. More Investments Ltd Has $31.48 Million Holdings in TAT Technologies Ltd. (NASDAQ:TATT)

Y.D. More Investments Ltd trimmed its position in TAT Technologies Ltd. (NASDAQ:TATT) by 9.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,213,859 shares of the aerospace company’s stock after selling 128,158 shares during the period. TAT Technologies makes up approximately 2.8% of Y.D. More Investments Ltd’s holdings, making the stock its 9th biggest holding. Y.D. More Investments Ltd owned 12.02% of TAT Technologies worth $31,475,000 at the end of the most recent reporting period.

Separately, Meitav Investment House Ltd. grew its stake in shares of TAT Technologies by 136.4% in the third quarter. Meitav Investment House Ltd. now owns 969,062 shares of the aerospace company’s stock valued at $17,762,000 after buying an additional 559,062 shares in the last quarter. 15.13% of the stock is owned by institutional investors.

TAT Technologies Stock Performance

TAT Technologies stock opened at $30.15 on Wednesday. The firm’s 50 day simple moving average is $26.67 and its 200 day simple moving average is $20.56. TAT Technologies Ltd. has a 1-year low of $10.51 and a 1-year high of $33.37. The firm has a market capitalization of $304.52 million, a PE ratio of 40.74 and a beta of 0.93. The company has a current ratio of 3.04, a quick ratio of 1.29 and a debt-to-equity ratio of 0.10.

Wall Street Analyst Weigh In

Several research firms have commented on TATT. StockNews.com upgraded shares of TAT Technologies from a “hold” rating to a “buy” rating in a report on Sunday, December 8th. Benchmark started coverage on TAT Technologies in a research note on Thursday, December 5th. They issued a “buy” rating and a $30.00 price target on the stock.

About TAT Technologies

TAT Technologies Ltd., together with its subsidiaries, provides solutions and services to the commercial and military aerospace, and ground defense industries in the United States, Israel, and internationally. The company operates through four segments: Original Equipment Manufacturing (OEM) of Heat Transfer Solutions and Aviation Accessories; Maintenance, Repair, and Overhaul (MRO) Services for Heat Transfer Components and OEM of Heat Transfer Solutions; MRO Services for Aviation Components; and Overhaul and Coating of Jet Engine Components.