Bank of New York Mellon Corp held its position in Ultralife Corporation (NASDAQ:ULBI) during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 21,928 shares of the technology company’s stock at the end of the first quarter. Bank of New York Mellon Corp owned about 0.14% of Ultralife Corporation worth $120,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the stock. Algert Global LLC raised its position in Ultralife Corporation by 25.3% in the first quarter. Algert Global LLC now owns 34,059 shares of the technology company’s stock valued at $186,000 after buying an additional 6,885 shares during the period. LSV Asset Management raised its position in Ultralife Corporation by 16.3% in the first quarter. LSV Asset Management now owns 45,824 shares of the technology company’s stock valued at $247,000 after buying an additional 6,421 shares during the period. Finally, Renaissance Technologies LLC raised its position in Ultralife Corporation by 1.3% in the fourth quarter. Renaissance Technologies LLC now owns 125,400 shares of the technology company’s stock valued at $621,000 after buying an additional 1,556 shares during the period. 22.40% of the stock is owned by hedge funds and other institutional investors.

Ultralife Corporation (NASDAQ ULBI) traded down 0.76% during trading on Friday, hitting $6.55. 52,986 shares of the stock traded hands. The firm’s 50-day moving average is $6.97 and its 200-day moving average is $6.09. Ultralife Corporation has a 12 month low of $3.76 and a 12 month high of $7.65. The stock has a market cap of $101.87 million, a P/E ratio of 18.66 and a beta of -0.16.

Ultralife Corporation (NASDAQ:ULBI) last issued its quarterly earnings results on Thursday, August 3rd. The technology company reported $0.07 earnings per share for the quarter. Ultralife Corporation had a return on equity of 7.94% and a net margin of 6.62%. The firm had revenue of $19.94 million during the quarter. On average, analysts forecast that Ultralife Corporation will post $0.06 EPS for the current year.

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About Ultralife Corporation

Ultralife Corporation offers products and services ranging from power solutions to communications and electronics systems. The Company designs and manufactures power and communications systems, including rechargeable and non-rechargeable batteries, charging systems, communications and electronics systems and accessories, and custom engineered systems.

Institutional Ownership by Quarter for Ultralife Corporation (NASDAQ:ULBI)

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