GRT Capital Partners L.L.C. Lowers Position in Lionbridge Technologies, Inc. (LIOX)

GRT Capital Partners L.L.C. reduced its stake in shares of Lionbridge Technologies, Inc. (NASDAQ:LIOX) by 16.1% during the fourth quarter, Holdings Channel reports. The firm owned 36,066 shares of the company’s stock after selling 6,934 shares during the period. GRT Capital Partners L.L.C. owned about 0.06% of Lionbridge Technologies worth $209,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the stock. Wedge Capital Management L L P NC increased its stake in Lionbridge Technologies by 12.1% in the second quarter. Wedge Capital Management L L P NC now owns 230,100 shares of the company’s stock valued at $909,000 after buying an additional 24,800 shares during the period. Ameriprise Financial Inc. increased its stake in Lionbridge Technologies by 7.4% in the second quarter. Ameriprise Financial Inc. now owns 956,942 shares of the company’s stock valued at $3,780,000 after buying an additional 65,875 shares during the period. California Public Employees Retirement System increased its stake in Lionbridge Technologies by 7.2% in the third quarter. California Public Employees Retirement System now owns 190,100 shares of the company’s stock valued at $950,000 after buying an additional 12,700 shares during the period. Alambic Investment Management L.P. increased its stake in Lionbridge Technologies by 61.9% in the third quarter. Alambic Investment Management L.P. now owns 37,408 shares of the company’s stock valued at $187,000 after buying an additional 14,300 shares during the period. Finally, Isthmus Partners LLC bought a new stake in Lionbridge Technologies during the third quarter valued at $352,000. Hedge funds and other institutional investors own 63.27% of the company’s stock.

Institutional Ownership by Quarter for Lionbridge Technologies (NASDAQ:LIOX)

Lionbridge Technologies, Inc. (NASDAQ:LIOX) traded down 0.087% during trading on Wednesday, hitting $5.745. 34,115 shares of the company’s stock traded hands. The stock has a market cap of $332.45 million, a P/E ratio of 34.401 and a beta of 1.31. The firm’s 50-day moving average price is $5.74 and its 200 day moving average price is $5.16. Lionbridge Technologies, Inc. has a 12-month low of $3.90 and a 12-month high of $5.96.

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LIOX has been the subject of several research reports. B. Riley reiterated a “buy” rating and issued a $6.00 target price on shares of Lionbridge Technologies in a report on Monday, November 7th. Zacks Investment Research downgraded shares of Lionbridge Technologies from a “hold” rating to a “sell” rating in a report on Friday, November 11th. Craig Hallum downgraded shares of Lionbridge Technologies from a “buy” rating to a “hold” rating in a report on Monday, December 12th. Finally, Barrington Research set a $7.00 target price on shares of Lionbridge Technologies and gave the company a “buy” rating in a report on Monday, December 12th. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company’s stock. Lionbridge Technologies currently has a consensus rating of “Hold” and a consensus price target of $5.83.

Lionbridge Technologies Company Profile

Lionbridge Technologies, Inc is a United States-based company, which provides translation, online marketing, global content management and application testing solutions. The Company enables more than 800 brands to manage international market share and engage their customers in local markets across the world.

5 Day Chart for NASDAQ:LIOX

Want to see what other hedge funds are holding LIOX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lionbridge Technologies, Inc. (NASDAQ:LIOX).

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