Dimensional Fund Advisors LP Trims Holdings in Graham Co. (NYSE:GHM)

Dimensional Fund Advisors LP lowered its stake in shares of Graham Co. (NYSE:GHM - Free Report) by 2.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 397,584 shares of the industrial products company's stock after selling 11,452 shares during the period. Dimensional Fund Advisors LP owned 3.65% of Graham worth $17,681,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Invesco Ltd. increased its holdings in Graham by 1,479.1% in the 4th quarter. Invesco Ltd. now owns 158,369 shares of the industrial products company's stock valued at $7,043,000 after acquiring an additional 148,340 shares during the last quarter. American Century Companies Inc. increased its holdings in shares of Graham by 137.4% in the fourth quarter. American Century Companies Inc. now owns 137,658 shares of the industrial products company's stock worth $6,122,000 after purchasing an additional 79,671 shares during the last quarter. Renaissance Technologies LLC lifted its position in shares of Graham by 8.7% in the fourth quarter. Renaissance Technologies LLC now owns 375,368 shares of the industrial products company's stock worth $16,693,000 after buying an additional 29,900 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Graham by 285.3% during the third quarter. JPMorgan Chase & Co. now owns 38,980 shares of the industrial products company's stock valued at $1,153,000 after buying an additional 28,863 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its stake in Graham by 391.0% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 34,839 shares of the industrial products company's stock valued at $1,549,000 after buying an additional 27,744 shares during the last quarter. Hedge funds and other institutional investors own 69.46% of the company's stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut Graham from a "buy" rating to a "hold" rating in a report on Thursday, February 27th.

Graham Stock Down 0.6 %

NYSE GHM traded down $0.21 during trading hours on Friday, hitting $34.84. 32,829 shares of the company were exchanged, compared to its average volume of 81,031. The stock has a market cap of $379.86 million, a PE ratio of 41.98 and a beta of 0.71. Graham Co. has a 52 week low of $24.78 and a 52 week high of $52.00. The stock has a 50-day moving average price of $30.70 and a 200 day moving average price of $37.17.

Graham (NYSE:GHM - Get Free Report) last announced its quarterly earnings data on Friday, February 7th. The industrial products company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.05. Graham had a net margin of 4.60% and a return on equity of 9.35%. As a group, sell-side analysts anticipate that Graham Co. will post 1.07 earnings per share for the current year.

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.