Monarch Partners Asset Management LLC acquired a new stake in shares of ALJ Regional Holdings, Inc. (NASDAQ:ALJJ) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 93,970 shares of the basic materials company’s stock, valued at approximately $325,000. Monarch Partners Asset Management LLC owned approximately 0.26% of ALJ Regional Holdings as of its most recent SEC filing.
Other large investors have also recently added to or reduced their stakes in the company. LMR Partners LLP purchased a new position in ALJ Regional Holdings in the 2nd quarter worth about $106,000. Advisor Group Inc. increased its stake in ALJ Regional Holdings by 3,243.7% in the 2nd quarter. Advisor Group Inc. now owns 33,437 shares of the basic materials company’s stock worth $107,000 after purchasing an additional 32,437 shares in the last quarter. Cambridge Investment Research Advisors Inc. purchased a new position in ALJ Regional Holdings in the 2nd quarter worth about $450,000. Finally, Cove Street Capital LLC purchased a new position in ALJ Regional Holdings in the 2nd quarter worth about $1,478,000. 5.93% of the stock is currently owned by hedge funds and other institutional investors.
Shares of ALJ Regional Holdings, Inc. (NASDAQ:ALJJ) opened at $3.52 on Friday. The stock has a market capitalization of $126.87, a PE ratio of 11.43 and a beta of 1.51. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.31 and a current ratio of 1.54. ALJ Regional Holdings, Inc. has a 1-year low of $2.81 and a 1-year high of $4.87.
ALJ Regional Holdings Profile
ALJ Regional Holdings, Inc is a holding company. The Company’s segments include Faneuil, Inc (Faneuil), Floors-N-More, LLC (Carpets) and Phoenix Color Corp. (Phoenix). The Faneuil segment provides business processing solutions for a client portfolio that includes both commercial and government entities across several verticals, including transportation, government services, utilities and healthcare.
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