Royce & Associates LP Has $17.26 Million Position in Graham Co. (NYSE:GHM)

Royce & Associates LP decreased its position in Graham Co. (NYSE:GHM) by 9.2% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 388,024 shares of the industrial products company’s stock after selling 39,274 shares during the period. Royce & Associates LP’s holdings in Graham were worth $17,255,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of GHM. Jones Financial Companies Lllp acquired a new stake in shares of Graham in the fourth quarter valued at about $45,000. Baader Bank Aktiengesellschaft acquired a new position in shares of Graham during the 4th quarter worth approximately $203,000. Cornerstone Investment Partners LLC bought a new stake in shares of Graham during the 4th quarter worth approximately $209,000. SG Americas Securities LLC grew its stake in shares of Graham by 31.2% in the fourth quarter. SG Americas Securities LLC now owns 4,949 shares of the industrial products company’s stock valued at $220,000 after buying an additional 1,176 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its holdings 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 last quarter. Institutional investors and hedge funds own 69.46% of the company’s stock.

Analyst Upgrades and Downgrades

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

Graham Stock Up 2.3 %

Shares of NYSE GHM opened at $32.02 on Monday. Graham Co. has a twelve month low of $24.16 and a twelve month high of $52.00. The company has a market cap of $349.10 million, a PE ratio of 38.58 and a beta of 0.73. The business’s 50 day moving average price is $39.33 and its two-hundred day moving average price is $37.10.

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

About Graham

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.