Los Angeles Capital Management LLC Has $836,000 Stock Position in Graham Co. (NYSE:GHM)

Los Angeles Capital Management LLC grew its stake in shares of Graham Co. (NYSE:GHM - Free Report) by 121.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,805 shares of the industrial products company's stock after acquiring an additional 10,314 shares during the period. Los Angeles Capital Management LLC owned 0.17% of Graham worth $836,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in GHM. Baader Bank Aktiengesellschaft acquired a new stake in Graham in the 4th quarter worth about $203,000. SG Americas Securities LLC raised its position 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. BNP Paribas Financial Markets boosted its stake in shares of Graham by 36.9% in the third quarter. BNP Paribas Financial Markets now owns 5,096 shares of the industrial products company's stock valued at $151,000 after buying an additional 1,374 shares during the period. MetLife Investment Management LLC grew its holdings in shares of Graham by 129.1% during the 3rd quarter. MetLife Investment Management LLC now owns 6,012 shares of the industrial products company's stock worth $178,000 after purchasing an additional 3,388 shares in the last quarter. Finally, Principal Financial Group Inc. acquired a new stake in Graham during the third quarter worth about $266,000. Institutional investors and hedge funds own 69.46% of the company's stock.

Analysts Set New Price Targets

Separately, StockNews.com downgraded Graham from a "buy" rating to a "hold" rating in a research report on Thursday, February 27th.

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Graham Price Performance

NYSE GHM traded down $0.40 during trading hours on Thursday, reaching $31.46. The company's stock had a trading volume of 58,046 shares, compared to its average volume of 122,863. The stock has a market cap of $343.01 million, a P/E ratio of 37.90 and a beta of 0.71. The firm has a fifty day simple moving average of $41.45 and a 200-day simple moving average of $37.04. Graham Co. has a 52 week low of $23.67 and a 52 week high of $52.00.

Graham (NYSE:GHM - Get Free Report) last released its 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 net margin of 4.60% and a return on equity of 9.35%. On average, research analysts expect that Graham Co. will post 1.07 earnings per share for the current year.

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.