Hudson Technologies, Inc. (NASDAQ:HDSN) Shares Bought by American Century Companies Inc.

American Century Companies Inc. raised its holdings in shares of Hudson Technologies, Inc. (NASDAQ:HDSN - Free Report) by 13.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 790,472 shares of the industrial products company's stock after acquiring an additional 90,921 shares during the quarter. American Century Companies Inc. owned approximately 1.75% of Hudson Technologies worth $4,411,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Intech Investment Management LLC boosted its holdings in Hudson Technologies by 85.8% in the fourth quarter. Intech Investment Management LLC now owns 19,603 shares of the industrial products company's stock valued at $109,000 after purchasing an additional 9,051 shares in the last quarter. Truvestments Capital LLC lifted its position in shares of Hudson Technologies by 78.2% during the 4th quarter. Truvestments Capital LLC now owns 83,444 shares of the industrial products company's stock worth $466,000 after buying an additional 36,622 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Hudson Technologies in the 4th quarter valued at $249,000. Aigen Investment Management LP grew its position in shares of Hudson Technologies by 13.6% in the 4th quarter. Aigen Investment Management LP now owns 18,052 shares of the industrial products company's stock valued at $101,000 after buying an additional 2,167 shares during the last quarter. Finally, Victory Capital Management Inc. raised its stake in Hudson Technologies by 79.7% during the 4th quarter. Victory Capital Management Inc. now owns 72,552 shares of the industrial products company's stock worth $405,000 after acquiring an additional 32,171 shares in the last quarter. Hedge funds and other institutional investors own 71.34% of the company's stock.

Hudson Technologies Stock Down 1.8 %

NASDAQ:HDSN traded down $0.10 during trading hours on Thursday, reaching $5.53. 481,260 shares of the company's stock were exchanged, compared to its average volume of 504,777. Hudson Technologies, Inc. has a 1-year low of $5.11 and a 1-year high of $10.84. The firm has a market capitalization of $243.46 million, a price-to-earnings ratio of 8.51, a P/E/G ratio of 0.49 and a beta of 1.03. The company has a 50-day moving average of $5.82 and a 200 day moving average of $6.23.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group decreased their price objective on shares of Hudson Technologies from $8.00 to $6.25 and set a "hold" rating for the company in a research note on Monday, March 10th. Six equities research analysts have rated the stock with a hold rating, According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $7.50.

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.