Is Landauer, Inc. (LDR) A Good Stock To Buy?

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As aggregate interest increased, key hedge funds were leading the bulls’ herd. Whitebox Advisors, managed by Andy Redleaf, established a position in Landauer, Inc. (NYSE:LDR). Whitebox Advisors had $0.2 million invested in the company at the end of the quarter. Michael Platt and William Reeves’s BlueCrest Capital Mgmt. also initiated an $0.2 million position during the quarter.

Let’s also examine hedge fund activity in other stocks similar to Landauer, Inc. (NYSE:LDR). These stocks are Spok Holdings Inc (NASDAQ:SPOK), Jive Software Inc (NASDAQ:JIVE), Powell Industries, Inc. (NASDAQ:POWL), and Bank Mutual Corporation (NASDAQ:BKMU). This group of stocks’ market valuations match LDR’s market valuation.

Ticker No of HFs with positions Total Value of HF Positions (x1000) Change in HF Position
SPOK 10 32815 2
JIVE 14 39637 -8
POWL 10 44566 2
BKMU 6 12163 1

As you can see these stocks had an average of 10 hedge funds with bullish positions and the average amount invested in these stocks was $32 million. That figure was $49 million in LDR’s case. Jive Software Inc (NASDAQ:JIVE) is the most popular stock in this table. On the other hand, Bank Mutual Corporation (NASDAQ:BKMU) is the least popular one with only 6 bullish hedge fund positions. Landauer, Inc. (NYSE:LDR) is not the least popular stock in this group, but still hedge fund has not attracted much attention from investors. This is may indicate it is not a good stock to buy; therefore, we’d rather spend our time researching stocks that hedge funds are piling on. In this particular group JIVE might be a better candidate to consider a long position.

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