FFG Retirement Advisors LLC Decreases Stake in Graham Co. (NYSE:GHM)

FFG Retirement Advisors LLC trimmed its holdings in shares of Graham Co. (NYSE:GHM - Free Report) by 11.0% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 60,000 shares of the industrial products company's stock after selling 7,426 shares during the period. Graham makes up 1.2% of FFG Retirement Advisors LLC's investment portfolio, making the stock its 27th largest holding. FFG Retirement Advisors LLC owned about 0.55% of Graham worth $1,729,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in GHM. Legal & General Group Plc increased its stake in Graham by 26.0% in the 4th quarter. Legal & General Group Plc now owns 2,599 shares of the industrial products company's stock valued at $116,000 after buying an additional 536 shares during the last quarter. American Century Companies Inc. lifted its holdings in shares of Graham by 137.4% during the 4th quarter. American Century Companies Inc. now owns 137,658 shares of the industrial products company's stock worth $6,122,000 after acquiring an additional 79,671 shares during the last quarter. Vanguard Group Inc. grew its position in Graham by 2.3% during the fourth quarter. Vanguard Group Inc. now owns 653,991 shares of the industrial products company's stock valued at $29,083,000 after acquiring an additional 14,589 shares during the last quarter. Bank of America Corp DE grew its stake in shares of Graham by 22.7% in the fourth quarter. Bank of America Corp DE now owns 18,499 shares of the industrial products company's stock worth $823,000 after purchasing an additional 3,423 shares during the last quarter. Finally, Principal Financial Group Inc. raised its holdings in Graham by 10.7% in the 4th quarter. Principal Financial Group Inc. now owns 9,941 shares of the industrial products company's stock worth $442,000 after purchasing an additional 960 shares in the last quarter. 69.46% of the stock is currently owned by institutional investors and hedge funds.

Graham Stock Down 1.2%

GHM traded down $0.56 during trading on Wednesday, hitting $45.94. The company's stock had a trading volume of 88,846 shares, compared to its average volume of 83,240. Graham Co. has a one year low of $24.78 and a one year high of $52.00. The business's 50 day simple moving average is $34.33 and its 200-day simple moving average is $37.72. The firm has a market cap of $500.89 million, a PE ratio of 55.35 and a beta of 0.85.

Graham (NYSE:GHM - Get Free Report) last posted its quarterly earnings results on Monday, June 9th. The industrial products company reported $0.43 earnings per share for the quarter, topping analysts' consensus estimates of $0.26 by $0.17. The business had revenue of $59.35 million during the quarter, compared to analyst estimates of $55.67 million. Graham had a net margin of 4.60% and a return on equity of 9.35%. Equities research analysts expect that Graham Co. will post 1.07 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen lowered Graham from a "buy" rating to a "hold" rating in a research report on Thursday, February 27th.

Graham Profile

Graham Corporation, together with its subsidiaries, designs and manufactures fluid, power, heat transfer, and vacuum equipment for chemical and petrochemical processing, defense, space, petroleum refining, cryogenic, energy, and other industries. It offers power plant systems, including ejectors and surface condensers; torpedo ejection, propulsion, and power systems, such as turbines, alternators, regulators, pumps, and blowers; and thermal management systems comprising pumps, blowers, and drive electronics for defense sector.