Graham Co. (NYSE:GHM) Stock Position Raised by Invesco Ltd.

Invesco Ltd. increased its holdings in shares of Graham Co. (NYSE:GHM - Free Report) by 1,479.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 158,369 shares of the industrial products company's stock after buying an additional 148,340 shares during the period. Invesco Ltd. owned about 1.45% of Graham worth $7,043,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. Russell Investments Group Ltd. boosted its holdings in shares of Graham by 18,025.0% in the 4th quarter. Russell Investments Group Ltd. now owns 1,450 shares of the industrial products company's stock valued at $64,000 after buying an additional 1,442 shares in the last quarter. Meeder Asset Management Inc. purchased a new position in shares of Graham during the fourth quarter worth about $31,000. Arrowstreet Capital Limited Partnership grew its holdings in shares of Graham by 391.0% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 34,839 shares of the industrial products company's stock worth $1,549,000 after purchasing an additional 27,744 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of Graham by 37.3% during the fourth quarter. JPMorgan Chase & Co. now owns 53,506 shares of the industrial products company's stock worth $2,379,000 after purchasing an additional 14,526 shares in the last quarter. Finally, EntryPoint Capital LLC acquired a new stake in shares of Graham in the 4th quarter valued at about $301,000. 69.46% of the stock is currently owned by institutional investors and hedge funds.

Graham Trading Up 1.2 %

Shares of NYSE:GHM traded up $0.39 during trading on Tuesday, hitting $31.27. 19,630 shares of the stock were exchanged, compared to its average volume of 104,197. The company has a fifty day moving average price of $30.67 and a two-hundred day moving average price of $37.10. The company has a market cap of $340.88 million, a PE ratio of 37.67 and a beta of 0.65. Graham Co. has a 12-month low of $24.78 and a 12-month high of $52.00.

Graham (NYSE:GHM - Get Free Report) last released its quarterly earnings results on Friday, February 7th. The industrial products company reported $0.18 earnings per share for the quarter, topping 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%. Equities research analysts anticipate that Graham Co. will post 1.07 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of Graham from a "buy" rating to a "hold" rating in a research 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.