Weiss Ratings Reaffirms Sell (D-) Rating for 180 Degree Capital (NASDAQ:TURN)

180 Degree Capital (NASDAQ:TURN)‘s stock had its “sell (d-)” rating reissued by research analysts at Weiss Ratings in a research note issued to investors on Saturday,Weiss Ratings reports.

180 Degree Capital Stock Performance

Shares of NASDAQ TURN opened at $3.92 on Friday. The company’s 50 day simple moving average is $3.92 and its 200 day simple moving average is $3.61. 180 Degree Capital has a fifty-two week low of $3.12 and a fifty-two week high of $4.36.

Hedge Funds Weigh In On 180 Degree Capital

Several large investors have recently bought and sold shares of the business. Principal Street Partners LLC lifted its holdings in 180 Degree Capital by 77.5% in the fourth quarter. Principal Street Partners LLC now owns 24,050 shares of the company’s stock valued at $88,000 after buying an additional 10,500 shares during the period. One Day In July LLC acquired a new stake in 180 Degree Capital in the fourth quarter worth $39,000. StoneX Group Inc. acquired a new stake in 180 Degree Capital in the fourth quarter worth $44,000. Wolverine Trading LLC acquired a new stake in 180 Degree Capital in the third quarter worth $73,000. Finally, Raffles Associates LP raised its holdings in 180 Degree Capital by 8.3% in the fourth quarter. Raffles Associates LP now owns 321,724 shares of the company’s stock worth $1,181,000 after purchasing an additional 24,631 shares during the period. 19.78% of the stock is currently owned by institutional investors and hedge funds.

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.