Grace & White Inc. NY Has $3.72 Million Stake in Broadwind, Inc. (NASDAQ:BWEN)

Grace & White Inc. NY grew its stake in shares of Broadwind, Inc. (NASDAQ:BWEN) by 15.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,980,599 shares of the industrial products company’s stock after purchasing an additional 265,344 shares during the quarter. Grace & White Inc. NY owned about 8.96% of Broadwind worth $3,724,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of BWEN. Geode Capital Management LLC boosted its holdings in Broadwind by 6.0% in the 3rd quarter. Geode Capital Management LLC now owns 227,738 shares of the industrial products company’s stock valued at $517,000 after purchasing an additional 12,936 shares during the period. GSA Capital Partners LLP increased its position in Broadwind by 26.9% in the 3rd quarter. GSA Capital Partners LLP now owns 150,079 shares of the industrial products company’s stock valued at $341,000 after acquiring an additional 31,792 shares during the period. Cubist Systematic Strategies LLC bought a new position in shares of Broadwind during the second quarter worth about $84,000. Empowered Funds LLC increased its position in shares of Broadwind by 52.7% during the third quarter. Empowered Funds LLC now owns 81,211 shares of the industrial products company’s stock worth $184,000 after buying an additional 28,021 shares during the period. Finally, Lincoln Capital Corp raised its stake in Broadwind by 61.7% during the third quarter. Lincoln Capital Corp now owns 23,437 shares of the industrial products company’s stock worth $53,000 after buying an additional 8,947 shares during the last quarter. 33.27% of the stock is currently owned by institutional investors and hedge funds.

Broadwind Stock Performance

Shares of BWEN opened at $1.67 on Thursday. The firm’s fifty day simple moving average is $1.84 and its two-hundred day simple moving average is $2.03. Broadwind, Inc. has a 12 month low of $1.52 and a 12 month high of $4.65. The company has a current ratio of 1.50, a quick ratio of 0.52 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $36.92 million, a P/E ratio of 11.93 and a beta of 1.41.

Broadwind Profile

Broadwind, Inc manufactures and sells structures, equipment, and components for clean tech and other specialized applications primarily in the United States. It operates through three segments: Heavy Fabrications, Gearing, and Industrial Solutions. The Heavy Fabrications segment provides fabrications to various industrial markets.