New York State Common Retirement Fund decreased its holdings in Hardinge Inc. (NASDAQ:HDNG) by 69.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 11,900 shares of the industrial products company’s stock after selling 26,935 shares during the quarter. New York State Common Retirement Fund owned approximately 0.09% of Hardinge worth $182,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of HDNG. Rutabaga Capital Management LLC MA bought a new position in Hardinge in the 2nd quarter valued at $1,542,000. Kennedy Capital Management Inc. bought a new position in Hardinge in the 2nd quarter valued at $423,000. Dimensional Fund Advisors LP raised its position in Hardinge by 1.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,087,045 shares of the industrial products company’s stock valued at $13,501,000 after purchasing an additional 17,470 shares during the last quarter. State Street Corp raised its position in Hardinge by 10.9% in the 2nd quarter. State Street Corp now owns 156,626 shares of the industrial products company’s stock valued at $1,945,000 after purchasing an additional 15,368 shares during the last quarter. Finally, Rhumbline Advisers bought a new position in Hardinge in the 2nd quarter valued at $147,000. Hedge funds and other institutional investors own 70.69% of the company’s stock.

Separately, ValuEngine downgraded Hardinge from a “buy” rating to a “hold” rating in a research report on Friday, December 1st.

Shares of Hardinge Inc. (NASDAQ:HDNG) opened at $17.76 on Monday. The firm has a market capitalization of $229.96, a price-to-earnings ratio of 35.52 and a beta of 0.92. Hardinge Inc. has a 52-week low of $9.51 and a 52-week high of $18.00.

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About Hardinge

Hardinge Inc (Hardinge) is a designer, manufacturer and distributor of machine tools, specializing in precision computer numerically controlled metalcutting machines and workholding technology solutions. The Company supplies high precision computer controlled metalcutting turning machines, grinding machines, machining centers and repair parts related to those machines.

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Institutional Ownership by Quarter for Hardinge (NASDAQ:HDNG)

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