Hel Ved Capital Management Ltd Increases Stake in Power Solutions International, Inc. $PSIX

Hel Ved Capital Management Ltd boosted its stake in shares of Power Solutions International, Inc. (NASDAQ:PSIX) by 57.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 108,126 shares of the company’s stock after purchasing an additional 39,406 shares during the quarter. Power Solutions International comprises 1.7% of Hel Ved Capital Management Ltd’s holdings, making the stock its 18th largest holding. Hel Ved Capital Management Ltd’s holdings in Power Solutions International were worth $6,178,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in PSIX. Situational Awareness LP bought a new stake in Power Solutions International during the fourth quarter valued at about $24,702,000. Arrowstreet Capital Limited Partnership boosted its position in Power Solutions International by 344.1% during the third quarter. Arrowstreet Capital Limited Partnership now owns 325,085 shares of the company’s stock valued at $31,930,000 after purchasing an additional 251,883 shares in the last quarter. ANTIPODES PARTNERS Ltd bought a new stake in Power Solutions International during the fourth quarter valued at about $13,052,000. Portolan Capital Management LLC bought a new stake in Power Solutions International during the third quarter valued at about $19,232,000. Finally, Dimensional Fund Advisors LP boosted its position in Power Solutions International by 802.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 201,891 shares of the company’s stock valued at $11,538,000 after purchasing an additional 179,511 shares in the last quarter. Institutional investors own 22.28% of the company’s stock.

Power Solutions International Price Performance

Shares of NASDAQ PSIX opened at $40.72 on Friday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.81 and a current ratio of 3.42. The company has a market cap of $938.60 million, a PE ratio of 9.17 and a beta of 2.00. The business has a 50-day simple moving average of $57.67 and a two-hundred day simple moving average of $64.64. Power Solutions International, Inc. has a fifty-two week low of $35.77 and a fifty-two week high of $121.78.

Wall Street Analysts Forecast Growth

PSIX has been the topic of a number of recent research reports. Loop Capital set a $107.00 price objective on Power Solutions International in a research report on Wednesday, March 4th. Jefferies Financial Group dropped their price objective on Power Solutions International from $110.51 to $92.90 and set a “buy” rating on the stock in a research report on Tuesday, March 24th. Weiss Ratings downgraded Power Solutions International from a “buy (b)” rating to a “hold (c+)” rating in a research report on Wednesday, May 13th. Freedom Capital downgraded Power Solutions International from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 13th. Finally, Wall Street Zen downgraded Power Solutions International from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $99.95.

About Power Solutions International

Power Solutions International, Inc is a global designer and manufacturer of integrated powertrain solutions for commercial vehicle, industrial and military applications. Headquartered in Wood Dale, Illinois, the company develops and assembles advanced diesel engine and transmission packages under the Atlas® brand, combining proprietary engine technology with high-efficiency transmissions to deliver power-dense systems. These solutions are tailored for medium- and heavy-duty trucks, buses, construction equipment, generator sets and specialty vehicles.

In addition to complete powertrain systems, the company offers a broad range of component products including diesel engines, transmissions and aftertreatment modules.