ARC Document Solutions Inc (ARC) Shares Bought by LSV Asset Management
LSV Asset Management increased its holdings in shares of ARC Document Solutions Inc (NYSE:ARC) by 9.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 609,597 shares of the business services provider’s stock after acquiring an additional 50,785 shares during the period. LSV Asset Management’s holdings in ARC Document Solutions were worth $1,554,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Boston Partners grew its position in ARC Document Solutions by 6.3% during the 3rd quarter. Boston Partners now owns 1,540,913 shares of the business services provider’s stock worth $6,302,000 after acquiring an additional 91,010 shares during the last quarter. First Quadrant L P CA lifted its holdings in ARC Document Solutions by 14.3% during the 4th quarter. First Quadrant L P CA now owns 281,985 shares of the business services provider’s stock worth $719,000 after buying an additional 35,258 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in ARC Document Solutions by 3.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,202,841 shares of the business services provider’s stock worth $9,164,000 after buying an additional 80,216 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in ARC Document Solutions by 25.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 672,723 shares of the business services provider’s stock worth $2,798,000 after buying an additional 138,065 shares in the last quarter. Finally, OxFORD Asset Management LLP lifted its holdings in ARC Document Solutions by 35.9% during the 3rd quarter. OxFORD Asset Management LLP now owns 181,436 shares of the business services provider’s stock worth $744,000 after buying an additional 47,921 shares in the last quarter. Institutional investors and hedge funds own 71.03% of the company’s stock.
ARC Document Solutions Inc (NYSE:ARC) opened at $2.17 on Thursday. ARC Document Solutions Inc has a 1-year low of $2.10 and a 1-year high of $4.84. The company has a current ratio of 1.61, a quick ratio of 1.34 and a debt-to-equity ratio of 0.85. The stock has a market capitalization of $101.74, a price-to-earnings ratio of -15.50 and a beta of 2.28.
In other ARC Document Solutions news, Director Mark W. Mealy sold 22,000 shares of the company’s stock in a transaction on Thursday, December 21st. The stock was sold at an average price of $2.71, for a total transaction of $59,620.00. Following the transaction, the director now owns 116,538 shares of the company’s stock, valued at approximately $315,817.98. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 14.93% of the stock is currently owned by corporate insiders.
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ARC Document Solutions Company Profile
ARC Document Solutions, Inc (ARC) is a document solutions provider for the architectural, engineering and construction (AEC) industry. The Company also provides document solutions to businesses of various types. ARC’s offerings include managed print services (MPS), offsite services, archive and information management (AIM), specialized color printing, Web-based document management applications, digital shipping/managed file transfer, and equipment and supplies sales.
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