RF Industries, Ltd. (RFIL) Stake Lessened by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP cut its stake in RF Industries, Ltd. (NASDAQ:RFIL) by 9.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 267,216 shares of the electronics maker’s stock after selling 26,415 shares during the period. Dimensional Fund Advisors LP owned approximately 3.02% of RF Industries worth $494,000 at the end of the most recent reporting period.

Separately, GRT Capital Partners L.L.C. boosted its holdings in shares of RF Industries by 33.9% in the second quarter. GRT Capital Partners L.L.C. now owns 187,612 shares of the electronics maker’s stock valued at $339,000 after acquiring an additional 47,500 shares in the last quarter. Institutional investors and hedge funds own 21.87% of the company’s stock.

RF Industries, Ltd. (RFIL) opened at $2.31 on Tuesday. RF Industries, Ltd. has a 1-year low of $1.40 and a 1-year high of $2.85.

RF Industries (NASDAQ:RFIL) last released its earnings results on Tuesday, September 12th. The electronics maker reported $0.02 EPS for the quarter. RF Industries had a negative net margin of 9.78% and a negative return on equity of 5.79%. The business had revenue of $7.81 million during the quarter.

Separately, TheStreet upgraded shares of RF Industries from a “d+” rating to a “c” rating in a report on Friday, October 6th.

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RF Industries Profile

RF Industries, Ltd. is engaged in the design, manufacture and marketing of interconnect products and systems, including coaxial and specialty cables, fiber optic cables and connectors, and electrical and electronic specialty cables. It operates through two segments: RF Connector and Cable Assembly, which consists of Connector and Cable Assembly Division, and the Custom Cabling Manufacturing and Assembly, which consists of subsidiaries, including Cables Unlimited, Inc (Cables Unlimited,) Comnet Telecom Supply, Inc (Comnet) and Rel-Tech Electronics, Inc (Rel-Tech).

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