Intech Investment Management LLC Has $109,000 Stock Holdings in Hudson Technologies, Inc. (NASDAQ:HDSN)

Intech Investment Management LLC lifted its position in shares of Hudson Technologies, Inc. (NASDAQ:HDSN) by 85.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 19,603 shares of the industrial products company’s stock after purchasing an additional 9,051 shares during the period. Intech Investment Management LLC’s holdings in Hudson Technologies were worth $109,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Wedge Capital Management L L P NC bought a new stake in Hudson Technologies during the 4th quarter worth approximately $1,612,000. JPMorgan Chase & Co. grew its stake in shares of Hudson Technologies by 69.7% in the third quarter. JPMorgan Chase & Co. now owns 338,607 shares of the industrial products company’s stock worth $2,824,000 after purchasing an additional 139,042 shares during the last quarter. Barclays PLC increased its holdings in Hudson Technologies by 314.0% in the third quarter. Barclays PLC now owns 68,191 shares of the industrial products company’s stock valued at $569,000 after purchasing an additional 51,719 shares during the period. Sanctuary Advisors LLC bought a new position in Hudson Technologies during the 3rd quarter worth $373,000. Finally, Raymond James Financial Inc. acquired a new position in Hudson Technologies during the 4th quarter worth about $249,000. Institutional investors and hedge funds own 71.34% of the company’s stock.

Hudson Technologies Trading Up 0.8 %

Shares of HDSN opened at $6.34 on Friday. The firm’s fifty day simple moving average is $5.86 and its two-hundred day simple moving average is $6.43. Hudson Technologies, Inc. has a 12 month low of $5.17 and a 12 month high of $11.49. The stock has a market capitalization of $279.12 million, a P/E ratio of 9.75, a price-to-earnings-growth ratio of 0.49 and a beta of 1.12.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group decreased their price target on Hudson Technologies from $8.00 to $6.25 and set a “hold” rating for the company in a research note on Monday, March 10th. Six analysts have rated the stock with a hold rating, According to MarketBeat, Hudson Technologies has an average rating of “Hold” and a consensus price target of $7.50.

Hudson Technologies Profile

Hudson Technologies, Inc, through its subsidiary, Hudson Technologies Company, engages in the provision of solutions to recurring problems within the refrigeration industry in the United States. The company engages in the sale of refrigerant and industrial gas; provision of refrigerant management services consisting primarily of reclamation of refrigerants, re-usable cylinder refurbishment, and hydrostatic testing services; and RefrigerantSide services comprising system decontamination and recovery to remove moisture, oils, and other contaminants.