ArrowMark Colorado Holdings LLC Grows Holdings in Graham Co. (GHM)
ArrowMark Colorado Holdings LLC boosted its holdings in Graham Co. (NYSE:GHM) by 48.2% in the fourth quarter, HoldingsChannel.com reports. The firm owned 687,404 shares of the industrial products company’s stock after acquiring an additional 223,552 shares during the period. ArrowMark Colorado Holdings LLC owned 0.07% of Graham worth $14,387,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors have also added to or reduced their stakes in the business. Geode Capital Management LLC boosted its holdings in Graham by 8.2% in the fourth quarter. Geode Capital Management LLC now owns 74,292 shares of the industrial products company’s stock worth $1,554,000 after purchasing an additional 5,620 shares during the period. Emancipation Management LLC acquired a new position in Graham in the fourth quarter worth $1,125,000. BlackRock Inc. boosted its holdings in Graham by 0.7% in the fourth quarter. BlackRock Inc. now owns 649,698 shares of the industrial products company’s stock worth $13,599,000 after purchasing an additional 4,388 shares during the period. Bank of New York Mellon Corp boosted its holdings in shares of Graham by 10.9% during the fourth quarter. Bank of New York Mellon Corp now owns 81,615 shares of the industrial products company’s stock valued at $1,708,000 after acquiring an additional 7,995 shares during the period. Finally, Chartwell Investment Partners LLC boosted its holdings in shares of Graham by 42.6% during the fourth quarter. Chartwell Investment Partners LLC now owns 189,626 shares of the industrial products company’s stock valued at $3,969,000 after acquiring an additional 56,658 shares during the period. 77.28% of the stock is owned by hedge funds and other institutional investors.
Graham Co. (GHM) opened at $21.65 on Friday. Graham Co. has a 1-year low of $17.97 and a 1-year high of $24.03. The stock has a market cap of $205.23, a price-to-earnings ratio of -23.79 and a beta of 0.90.
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Graham Corporation designs, manufactures and sells critical equipment for the energy, defense and chemical/petrochemical industries. The Company designs and manufactures custom-engineered ejectors, vacuum pumping systems, surface condensers and vacuum systems. It is a nuclear code accredited fabrication and specialty machining company.
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