At Bancorp Lowers stake in Flexsteel Industries (FLXS)

Flexsteel Industries (FLXS) : At Bancorp reduced its stake in Flexsteel Industries by 0.25% during the most recent quarter end. The investment management company now holds a total of 494,553 shares of Flexsteel Industries which is valued at $19.9 Million after selling 1,216 shares in Flexsteel Industries , the firm said in a disclosure report filed with the SEC on May 13, 2016.Flexsteel Industries makes up approximately 3.04% of At Bancorp’s portfolio.

Other Hedge Funds, Including , Vanguard Group Inc boosted its stake in FLXS in the latest quarter, The investment management firm added 13,930 additional shares and now holds a total of 229,875 shares of Flexsteel Industries which is valued at $9.3 Million.Tiaa Cref Investment Management reduced its stake in FLXS by selling 2,935 shares or 13.41% in the most recent quarter. The Hedge Fund company now holds 18,949 shares of FLXS which is valued at $783,352. Ironwood Investment Management sold out all of its stake in FLXS during the most recent quarter. The investment firm sold 12,900 shares of FLXS which is valued $533,286.Rhumbline Advisers boosted its stake in FLXS in the latest quarter, The investment management firm added 885 additional shares and now holds a total of 8,804 shares of Flexsteel Industries which is valued at $363,957.

Flexsteel Industries opened for trading at $40.58 and hit $41.1 on the upside on Wednesday, eventually ending the session at $41.09, with a gain of 1.26% or 0.51 points. The heightened volatility saw the trading volume jump to 9,208 shares. Company has a market cap of $315 M.

Flexsteel Industries Inc. is a manufacturer importer and marketer of residential and commercial upholstered and wood furniture products in the United States. The Company’s product offerings include a range of upholstered and wood furniture such as sofas loveseats chairs reclining and rocker-reclining chairs swivel rockers sofa beds convertible bedding units occasional tables desks dining tables and chairs and bedroom furniture. The Company’s products are intended for use in home office hotel healthcare and other commercial applications. The Company’s furniture products business involves the distribution of manufactured and imported products consisting of a line of upholstered and wooden furniture for residential and commercial markets. The Company operates manufacturing facilities that are located in Arkansas California Georgia Iowa Mississippi and Juarez Mexico.

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