Prescott Group Capital Management L.L.C. Takes Position in Graham Co. (NYSE:GHM)

Prescott Group Capital Management L.L.C. bought a new position in Graham Co. (NYSE:GHM - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 11,536 shares of the industrial products company's stock, valued at approximately $513,000. Prescott Group Capital Management L.L.C. owned approximately 0.11% of Graham as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in GHM. Geode Capital Management LLC raised its stake in Graham by 1.3% during the 3rd quarter. Geode Capital Management LLC now owns 233,122 shares of the industrial products company's stock valued at $6,900,000 after purchasing an additional 2,952 shares during the last quarter. State Street Corp raised its stake in shares of Graham by 22.6% in the 3rd quarter. State Street Corp now owns 158,611 shares of the industrial products company's stock valued at $4,693,000 after buying an additional 29,277 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of Graham by 17.4% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 63,966 shares of the industrial products company's stock valued at $1,893,000 after buying an additional 9,466 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of Graham by 285.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 38,980 shares of the industrial products company's stock valued at $1,153,000 after buying an additional 28,863 shares in the last quarter. Finally, Wellington Management Group LLP acquired a new position in shares of Graham in the 3rd quarter valued at $1,103,000. 69.46% of the stock is owned by institutional investors.

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Graham Trading Up 1.7 %

Shares of Graham stock traded up $0.53 during mid-day trading on Friday, reaching $32.15. 105,816 shares of the stock were exchanged, compared to its average volume of 123,882. The company has a market cap of $350.48 million, a price-to-earnings ratio of 38.73 and a beta of 0.73. The firm has a 50-day simple moving average of $40.70 and a 200 day simple moving average of $37.04. Graham Co. has a fifty-two week low of $23.67 and a fifty-two week high of $52.00.

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

Wall Street Analysts Forecast Growth

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

Graham 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.