Prescott Group Capital Management L.L.C. Makes New $513,000 Investment in Graham Co. (NYSE:GHM)

Prescott Group Capital Management L.L.C. purchased a new stake in Graham Co. (NYSE:GHM) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 11,536 shares of the industrial products company’s stock, valued at approximately $513,000.

Several other large investors have also modified their holdings of the business. Jones Financial Companies Lllp purchased a new stake in Graham in the 4th quarter valued at about $45,000. BNP Paribas Financial Markets boosted its stake in Graham by 36.9% during the third quarter. BNP Paribas Financial Markets now owns 5,096 shares of the industrial products company’s stock worth $151,000 after buying an additional 1,374 shares during the period. MetLife Investment Management LLC increased its position in shares of Graham by 129.1% during the third quarter. MetLife Investment Management LLC now owns 6,012 shares of the industrial products company’s stock valued at $178,000 after acquiring an additional 3,388 shares during the last quarter. Baader Bank Aktiengesellschaft purchased a new stake in shares of Graham in the 4th quarter valued at approximately $203,000. Finally, Cornerstone Investment Partners LLC acquired a new position in shares of Graham in the 4th quarter worth approximately $209,000. Institutional investors and hedge funds own 69.46% of the company’s stock.

Graham Trading Down 0.9 %

GHM opened at $31.58 on Friday. The stock’s 50-day moving average price is $41.21 and its 200 day moving average price is $37.00. Graham Co. has a 12-month low of $23.67 and a 12-month high of $52.00. The firm has a market cap of $344.26 million, a price-to-earnings ratio of 38.04 and a beta of 0.71.

Graham (NYSE:GHM) last issued its quarterly earnings results on Friday, February 7th. The industrial products company reported $0.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.05. Graham had a net margin of 4.60% and a return on equity of 9.35%. On average, research analysts forecast that Graham Co. will post 1.07 earnings per share for the current year.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of Graham from a “buy” rating to a “hold” rating in a report on Thursday, February 27th.

Graham Company Profile

Graham Corporation, together with its subsidiaries, designs and manufactures fluid, power, heat transfer, and vacuum equipment for chemical and petrochemical processing, defense, space, petroleum refining, cryogenic, energy, and other industries. It offers power plant systems, including ejectors and surface condensers; torpedo ejection, propulsion, and power systems, such as turbines, alternators, regulators, pumps, and blowers; and thermal management systems comprising pumps, blowers, and drive electronics for defense sector.