Woodmont Investment Counsel LLC Cuts Holdings in Harvard Bioscience, Inc. (HBIO)
Woodmont Investment Counsel LLC decreased its holdings in shares of Harvard Bioscience, Inc. (NASDAQ:HBIO) by 39.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 177,491 shares of the medical instruments supplier’s stock after selling 116,203 shares during the quarter. Woodmont Investment Counsel LLC owned approximately 0.51% of Harvard Bioscience worth $666,000 at the end of the most recent reporting period.
Other institutional investors have also made changes to their positions in the company. Northern Trust Corp lifted its holdings in Harvard Bioscience by 5.2% during the 2nd quarter. Northern Trust Corp now owns 86,205 shares of the medical instruments supplier’s stock valued at $220,000 after purchasing an additional 4,260 shares during the last quarter. New York State Common Retirement Fund acquired a new stake in Harvard Bioscience during the 3rd quarter valued at $321,000. Ameriprise Financial Inc. acquired a new stake in Harvard Bioscience during the 2nd quarter valued at $752,000. Essex Investment Management Co. LLC lifted its holdings in Harvard Bioscience by 38.7% during the 2nd quarter. Essex Investment Management Co. LLC now owns 429,460 shares of the medical instruments supplier’s stock valued at $1,095,000 after purchasing an additional 119,878 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its holdings in Harvard Bioscience by 5.9% during the 1st quarter. Renaissance Technologies LLC now owns 560,500 shares of the medical instruments supplier’s stock valued at $1,457,000 after purchasing an additional 31,300 shares during the last quarter. 61.73% of the stock is owned by institutional investors and hedge funds.
Shares of Harvard Bioscience, Inc. (NASDAQ HBIO) opened at $3.30 on Wednesday. Harvard Bioscience, Inc. has a twelve month low of $2.25 and a twelve month high of $3.90. The company has a current ratio of 3.40, a quick ratio of 1.87 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $115.11, a price-to-earnings ratio of 110.00 and a beta of 1.01.
Separately, ValuEngine raised Harvard Bioscience from a “sell” rating to a “hold” rating in a report on Tuesday, August 1st.
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Harvard Bioscience Company Profile
Harvard Bioscience, Inc is a developer, manufacturer and marketer of a range of scientific instruments, systems and lab consumables used for basic research, drug discovery, clinical and environmental testing. The Company’s products are sold to thousands of researchers in over 100 countries through its global sales organization, Websites, catalogs and through distributors.
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