Graham Capital Management L.P. increased its holdings in Hudson Technologies, Inc. (NASDAQ:HDSN - Free Report) by 125.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 80,945 shares of the industrial products company's stock after buying an additional 45,083 shares during the period. Graham Capital Management L.P. owned about 0.18% of Hudson Technologies worth $452,000 as of its most recent filing with the SEC.
A number of other institutional investors have also modified their holdings of HDSN. D. E. Shaw & Co. Inc. raised its stake in Hudson Technologies by 282.6% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 1,345,553 shares of the industrial products company's stock worth $7,508,000 after acquiring an additional 993,833 shares during the period. JPMorgan Chase & Co. boosted its stake in Hudson Technologies by 152.0% in the fourth quarter. JPMorgan Chase & Co. now owns 853,252 shares of the industrial products company's stock valued at $4,761,000 after acquiring an additional 514,645 shares during the period. Arrowstreet Capital Limited Partnership acquired a new position in Hudson Technologies in the fourth quarter valued at approximately $1,733,000. 683 Capital Management LLC boosted its stake in Hudson Technologies by 89.4% in the fourth quarter. 683 Capital Management LLC now owns 635,900 shares of the industrial products company's stock valued at $3,548,000 after acquiring an additional 300,110 shares during the period. Finally, Wedge Capital Management L L P NC acquired a new position in Hudson Technologies in the fourth quarter valued at approximately $1,612,000. Institutional investors own 71.34% of the company's stock.
Hudson Technologies Stock Down 0.8%
Hudson Technologies stock traded down $0.06 during midday trading on Monday, hitting $7.76. The company's stock had a trading volume of 395,371 shares, compared to its average volume of 513,830. Hudson Technologies, Inc. has a 12 month low of $5.11 and a 12 month high of $10.04. The stock's 50-day moving average price is $6.20 and its 200-day moving average price is $5.95. The company has a market capitalization of $337.41 million, a PE ratio of 11.94, a price-to-earnings-growth ratio of 0.49 and a beta of 0.92.
Hudson Technologies (NASDAQ:HDSN - Get Free Report) last released its earnings results on Wednesday, May 7th. The industrial products company reported $0.06 EPS for the quarter, topping analysts' consensus estimates of $0.01 by $0.05. The business had revenue of $55.34 million for the quarter, compared to the consensus estimate of $52.23 million. Hudson Technologies had a net margin of 12.49% and a return on equity of 12.74%. As a group, equities analysts anticipate that Hudson Technologies, Inc. will post 0.55 EPS for the current year.
Analyst Ratings Changes
A number of brokerages have commented on HDSN. Craig Hallum upgraded Hudson Technologies from a "hold" rating to a "buy" rating and set a $8.00 target price for the company in a research note on Thursday, May 8th. Canaccord Genuity Group raised their price target on shares of Hudson Technologies from $6.25 to $6.75 and gave the company a "hold" rating in a research note on Thursday, May 8th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $7.25.
View Our Latest Research Report on Hudson Technologies
Hudson Technologies Company Profile
(
Free Report)
Hudson Technologies, Inc, through its subsidiary, Hudson Technologies Company, engages in the provision of solutions to recurring problems within the refrigeration industry in the United States. The company engages in the sale of refrigerant and industrial gas; provision of refrigerant management services consisting primarily of reclamation of refrigerants, re-usable cylinder refurbishment, and hydrostatic testing services; and RefrigerantSide services comprising system decontamination and recovery to remove moisture, oils, and other contaminants.
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