Baader Bank Aktiengesellschaft Invests $203,000 in Graham Co. (NYSE:GHM)

Baader Bank Aktiengesellschaft purchased a new stake in shares of Graham Co. (NYSE:GHM) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 4,562 shares of the industrial products company’s stock, valued at approximately $203,000.

A number of other large investors also recently made changes to their positions in the company. SG Americas Securities LLC bought a new position in shares of Graham during the 3rd quarter worth approximately $112,000. BNP Paribas Financial Markets increased its position in shares of Graham by 36.9% during the third quarter. BNP Paribas Financial Markets now owns 5,096 shares of the industrial products company’s stock valued at $151,000 after acquiring an additional 1,374 shares during the last quarter. MetLife Investment Management LLC lifted its holdings in Graham by 129.1% during the third quarter. MetLife Investment Management LLC now owns 6,012 shares of the industrial products company’s stock worth $178,000 after acquiring an additional 3,388 shares during the period. Exchange Traded Concepts LLC boosted its position in Graham by 57.3% in the third quarter. Exchange Traded Concepts LLC now owns 7,612 shares of the industrial products company’s stock worth $225,000 after purchasing an additional 2,774 shares during the last quarter. Finally, Los Angeles Capital Management LLC bought a new position in Graham in the 3rd quarter valued at $251,000. 69.46% of the stock is owned by institutional investors.

Graham Price Performance

NYSE GHM opened at $45.25 on Friday. The business’s fifty day moving average is $44.20 and its 200-day moving average is $35.89. The stock has a market capitalization of $492.77 million, a price-to-earnings ratio of 63.73 and a beta of 0.73. Graham Co. has a one year low of $18.90 and a one year high of $49.28.

Graham (NYSE:GHM) last announced its quarterly earnings data on Friday, November 8th. The industrial products company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.18 by $0.13. Graham had a net margin of 3.95% and a return on equity of 7.91%. The business had revenue of $53.56 million for the quarter, compared to analyst estimates of $50.50 million. During the same quarter in the previous year, the firm posted $0.04 earnings per share. Research analysts expect that Graham Co. will post 1.03 EPS for the current fiscal year.

About Graham

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.