Graham Corporation $GHM Holdings Trimmed by UBS Group AG

UBS Group AG lowered its position in shares of Graham Corporation (NYSE:GHM) by 20.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 53,168 shares of the industrial products company’s stock after selling 13,565 shares during the quarter. UBS Group AG owned 0.48% of Graham worth $3,415,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Royce & Associates LP boosted its stake in Graham by 24.0% during the third quarter. Royce & Associates LP now owns 459,698 shares of the industrial products company’s stock valued at $25,237,000 after buying an additional 89,014 shares in the last quarter. Roubaix Capital LLC boosted its stake in Graham by 56.9% during the third quarter. Roubaix Capital LLC now owns 69,364 shares of the industrial products company’s stock valued at $3,808,000 after buying an additional 25,168 shares in the last quarter. Exchange Traded Concepts LLC boosted its stake in Graham by 16.1% during the fourth quarter. Exchange Traded Concepts LLC now owns 134,480 shares of the industrial products company’s stock valued at $8,638,000 after buying an additional 18,634 shares in the last quarter. Tudor Investment Corp ET AL acquired a new position in shares of Graham in the 3rd quarter valued at $1,142,000. Finally, Teton Advisors LLC acquired a new position in shares of Graham in the 3rd quarter valued at $1,900,000. Institutional investors own 69.46% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the company. Northland Securities upgraded Graham from a “market perform” rating to an “outperform” rating in a research report on Tuesday, February 10th. Oppenheimer assumed coverage on Graham in a research report on Wednesday, March 18th. They issued an “outperform” rating and a $100.00 price target for the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Graham in a research report on Wednesday. Finally, Zacks Research upgraded Graham from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 10th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $81.67.

Graham Stock Up 0.3%

NYSE:GHM opened at $95.23 on Monday. Graham Corporation has a 1-year low of $35.85 and a 1-year high of $103.53. The firm has a market capitalization of $1.11 billion, a price-to-earnings ratio of 70.54 and a beta of 1.05. The stock has a fifty day simple moving average of $89.72 and a 200 day simple moving average of $76.94.

About Graham

Graham Corporation (NYSE: GHM) is a U.S.-based industrial engineering company that designs, manufactures and services vacuum and heat transfer equipment. Its core offerings include liquid ring vacuum pumps, surface condensers, heat exchangers and custom-engineered vacuum systems. These products play a critical role in energy-intensive industries, where reliable removal of non-condensable gases and efficient heat exchange are vital to process performance.

The company’s technologies find application across a range of end markets, including power generation, petrochemical, oil and gas, LNG, and semiconductor manufacturing.