Bardin Hill Management Partners LP, a major investment firm, has decreased its position in Ferroglobe PLC (NASDAQ:GSM) by 26.6% during the fourth quarter. The firm sold 673,921 shares, leaving it with 1,856,278 shares. Ferroglobe represents about 5.1% of Bardin Hill Management Partners LP's portfolio, making it the firm's fourth-largest position. Other large investors have also made changes to their holdings of the company. Schwartz Investment Counsel Inc. acquired a new stake in Ferroglobe in the fourth quarter, while O Shaughnessy Asset Management LLC and First Eagle Investment Management LLC increased their stakes in the company during the third quarter and fourth quarter, respectively. B. Riley Financial Inc. and Victory Capital Management Inc. also made significant increases to their holdings of Ferroglobe. Institutional investors now own 89.64% of the company's stock. [ec878063]
Ferroglobe PLC operates in the silicon and specialty metals industry, providing silicone chemicals and silicon metal for various applications. The company has operations in the United States, Europe, and internationally. The company recently announced a quarterly dividend of $0.013 per share, payable on June 27th to shareholders of record on June 17th. [ec878063]