3,314 Shares in Graco Inc. (NYSE:GGG) Acquired by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. bought a new stake in Graco Inc. (NYSE:GGG - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 3,314 shares of the industrial products company's stock, valued at approximately $279,000.

Other large investors also recently bought and sold shares of the company. Ascent Group LLC grew its holdings in Graco by 6.3% during the 4th quarter. Ascent Group LLC now owns 18,540 shares of the industrial products company's stock valued at $1,563,000 after buying an additional 1,092 shares during the last quarter. Mackenzie Financial Corp raised its stake in shares of Graco by 12.1% in the 4th quarter. Mackenzie Financial Corp now owns 26,249 shares of the industrial products company's stock valued at $2,213,000 after acquiring an additional 2,829 shares during the period. Forum Financial Management LP acquired a new stake in Graco in the fourth quarter valued at approximately $241,000. Burgundy Asset Management Ltd. boosted its holdings in Graco by 1.6% in the fourth quarter. Burgundy Asset Management Ltd. now owns 890,494 shares of the industrial products company's stock valued at $75,060,000 after purchasing an additional 14,238 shares during the last quarter. Finally, Novem Group acquired a new position in shares of Graco in the 4th quarter valued at approximately $746,000. Hedge funds and other institutional investors own 93.88% of the company's stock.

Graco Trading Down 0.1%

NYSE GGG traded down $0.05 on Wednesday, hitting $84.37. 624,809 shares of the stock traded hands, compared to its average volume of 814,408. The stock has a 50-day moving average of $81.83 and a 200 day moving average of $84.43. Graco Inc. has a twelve month low of $72.06 and a twelve month high of $92.86. The company has a market capitalization of $14.10 billion, a P/E ratio of 29.92, a price-to-earnings-growth ratio of 2.85 and a beta of 1.09.

Graco (NYSE:GGG - Get Free Report) last issued its quarterly earnings results on Wednesday, April 23rd. The industrial products company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.02. The company had revenue of $528.28 million for the quarter, compared to analysts' expectations of $526.98 million. Graco had a return on equity of 19.38% and a net margin of 23.00%. The firm's revenue for the quarter was up 7.3% on a year-over-year basis. During the same period last year, the firm earned $0.65 EPS. As a group, equities research analysts expect that Graco Inc. will post 3.06 earnings per share for the current year.

Insider Transactions at Graco

In other Graco news, insider David J. Thompson sold 3,588 shares of Graco stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of $86.23, for a total transaction of $309,393.24. Following the sale, the insider now directly owns 27,520 shares of the company's stock, valued at approximately $2,373,049.60. The trade was a 11.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.19% of the stock is currently owned by company insiders.

Graco Company Profile

Graco Inc designs, manufactures, and markets systems and equipment used to move, measure, control, dispense, and spray fluid and powder materials worldwide. The Contractor segment offers sprayers to apply paint to walls and other structures; two-component proportioning systems that are used to spray polyurethane foam and polyurea coatings; and viscous coatings to roofs, as well as markings on roads, parking lots, athletic fields, and floors.