Barclays PLC Has $569,000 Position in Hudson Technologies, Inc. (NASDAQ:HDSN)

Barclays PLC boosted its position in Hudson Technologies, Inc. (NASDAQ:HDSN - Free Report) by 314.0% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 68,191 shares of the industrial products company's stock after purchasing an additional 51,719 shares during the period. Barclays PLC owned about 0.15% of Hudson Technologies worth $569,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Bank of New York Mellon Corp raised its stake in Hudson Technologies by 9.1% in the second quarter. Bank of New York Mellon Corp now owns 184,712 shares of the industrial products company's stock valued at $1,624,000 after buying an additional 15,392 shares during the period. Commonwealth Equity Services LLC acquired a new position in shares of Hudson Technologies during the 2nd quarter worth approximately $687,000. Rhumbline Advisers raised its stake in Hudson Technologies by 2.6% in the 2nd quarter. Rhumbline Advisers now owns 70,982 shares of the industrial products company's stock valued at $624,000 after acquiring an additional 1,770 shares during the period. American Century Companies Inc. lifted its holdings in Hudson Technologies by 11.1% during the 2nd quarter. American Century Companies Inc. now owns 649,711 shares of the industrial products company's stock valued at $5,711,000 after purchasing an additional 65,174 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in Hudson Technologies by 22.0% during the second quarter. Dimensional Fund Advisors LP now owns 2,019,067 shares of the industrial products company's stock worth $17,747,000 after purchasing an additional 364,117 shares during the period. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on HDSN shares. Roth Capital lowered shares of Hudson Technologies from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, November 5th. Craig Hallum lowered shares of Hudson Technologies from a "buy" rating to a "hold" rating and decreased their price target for the company from $10.00 to $7.00 in a research note on Tuesday, November 5th. Roth Mkm downgraded shares of Hudson Technologies from a "buy" rating to a "neutral" rating and cut their price objective for the stock from $12.00 to $7.00 in a research report on Tuesday, November 5th. B. Riley restated a "neutral" rating and set a $7.25 price objective (down previously from $8.50) on shares of Hudson Technologies in a report on Tuesday, November 5th. Finally, Canaccord Genuity Group lowered their target price on Hudson Technologies from $8.75 to $8.00 and set a "hold" rating on the stock in a research note on Tuesday, November 5th. Six equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $7.85.

Hudson Technologies Trading Up 1.0 %

NASDAQ HDSN traded up $0.06 during trading on Friday, reaching $6.09. The company's stock had a trading volume of 267,195 shares, compared to its average volume of 382,445. The firm has a 50 day moving average price of $5.78 and a 200 day moving average price of $7.27. Hudson Technologies, Inc. has a 12 month low of $5.17 and a 12 month high of $15.24. The firm has a market capitalization of $275.27 million, a price-to-earnings ratio of 9.37, a price-to-earnings-growth ratio of 0.48 and a beta of 1.11.

Hudson Technologies (NASDAQ:HDSN - Get Free Report) last issued its quarterly earnings results on Monday, November 4th. The industrial products company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.01. Hudson Technologies had a return on equity of 12.74% and a net margin of 12.49%. The business had revenue of $61.94 million during the quarter, compared to analysts' expectations of $64.92 million. During the same period in the previous year, the company posted $0.34 earnings per share. On average, equities analysts forecast that Hudson Technologies, Inc. will post 0.55 EPS for the current fiscal year.

About Hudson Technologies

Hudson Technologies, Inc, through its subsidiary, Hudson Technologies Company, engages in the provision of solutions to recurring problems within the refrigeration industry in the United States. The company engages in the sale of refrigerant and industrial gas; provision of refrigerant management services consisting primarily of reclamation of refrigerants, re-usable cylinder refurbishment, and hydrostatic testing services; and RefrigerantSide services comprising system decontamination and recovery to remove moisture, oils, and other contaminants.