TPG Group Holdings SBS Advisors Inc. raised its holdings in shares of Xerium Technologies, Inc. (NYSE:XRM) by 1.4% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,436,350 shares of the industrial products company’s stock after purchasing an additional 19,391 shares during the period. TPG Group Holdings SBS Advisors Inc. owned 8.79% of Xerium Technologies worth $10,327,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Wolverine Trading LLC grew its position in shares of Xerium Technologies by 979.8% during the 2nd quarter. Wolverine Trading LLC now owns 18,033 shares of the industrial products company’s stock worth $130,000 after buying an additional 16,363 shares during the period. WealthTrust Axiom LLC raised its stake in shares of Xerium Technologies by 1.4% during the second quarter. WealthTrust Axiom LLC now owns 169,974 shares of the industrial products company’s stock worth $1,222,000 after buying an additional 2,300 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Xerium Technologies by 26.2% during the second quarter. Dimensional Fund Advisors LP now owns 182,463 shares of the industrial products company’s stock worth $1,312,000 after buying an additional 37,886 shares during the last quarter. Finally, Vanguard Group Inc. raised its stake in shares of Xerium Technologies by 1.2% during the second quarter. Vanguard Group Inc. now owns 360,011 shares of the industrial products company’s stock worth $2,588,000 after buying an additional 4,352 shares during the last quarter. 65.89% of the stock is currently owned by institutional investors.

Shares of Xerium Technologies, Inc. (NYSE:XRM) traded up 1.329% during trading on Tuesday, reaching $4.955. 54,999 shares of the company traded hands. The firm’s market capitalization is $80.97 million. Xerium Technologies, Inc. has a 12-month low of $4.45 and a 12-month high of $8.44. The company has a 50 day moving average price of $5.82 and a 200 day moving average price of $6.55.

Xerium Technologies (NYSE:XRM) last issued its quarterly earnings data on Monday, July 31st. The industrial products company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.06). Xerium Technologies had a negative return on equity of 2.20% and a negative net margin of 6.04%. The firm had revenue of $120.34 million for the quarter. On average, equities analysts predict that Xerium Technologies, Inc. will post $0.43 EPS for the current year.

In other news, Director Jay J. Gurandiano sold 4,000 shares of the business’s stock in a transaction dated Wednesday, August 2nd. The stock was sold at an average price of $6.98, for a total transaction of $27,920.00. Following the sale, the director now directly owns 48,359 shares in the company, valued at $337,545.82. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Mark Staton purchased 10,000 shares of Xerium Technologies stock in a transaction dated Thursday, August 3rd. The shares were purchased at an average price of $6.23 per share, for a total transaction of $62,300.00. Following the completion of the acquisition, the insider now owns 20,000 shares of the company’s stock, valued at approximately $124,600. The disclosure for this purchase can be found here. 15.40% of the stock is currently owned by company insiders.

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About Xerium Technologies

Xerium Technologies, Inc (Xerium) is a manufacturer and supplier of over two types of consumable products used in the production of paper: machine clothing and roll covers. The Company markets its products through brands, such as Huyck Wangner, Weavexx, Stowe Woodward, Mount Hope, Robec and Xibe. The Company operates in two segments: machine clothing and roll covers.

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Institutional Ownership by Quarter for Xerium Technologies (NYSE:XRM)

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