UBS Group AG Has $3.42 Million Holdings in Graham Corporation $GHM

UBS Group AG cut its holdings in shares of Graham Corporation (NYSE:GHM) by 20.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 53,168 shares of the industrial products company’s stock after selling 13,565 shares during the quarter. UBS Group AG’s holdings in Graham were worth $3,415,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of GHM. State of Alaska Department of Revenue acquired a new stake in Graham during the 3rd quarter worth about $33,000. BNP Paribas Financial Markets boosted its position in Graham by 62.8% during the 2nd quarter. BNP Paribas Financial Markets now owns 1,063 shares of the industrial products company’s stock worth $53,000 after acquiring an additional 410 shares during the period. Comerica Bank boosted its position in Graham by 396.2% during the 3rd quarter. Comerica Bank now owns 1,052 shares of the industrial products company’s stock worth $58,000 after acquiring an additional 840 shares during the period. SG Americas Securities LLC acquired a new stake in Graham during the 3rd quarter worth about $138,000. Finally, AdvisorShares Investments LLC acquired a new stake in Graham during the 3rd quarter worth about $165,000. 69.46% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Oppenheimer assumed coverage on Graham in a research report on Wednesday, March 18th. They set an “outperform” rating and a $100.00 price objective for the company. Weiss Ratings restated a “hold (c)” rating on shares of Graham in a research report on Wednesday. Zacks Research raised Graham from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 10th. Finally, Northland Securities upgraded Graham from a “market perform” rating to an “outperform” rating in a report on Tuesday, February 10th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Graham currently has an average rating of “Moderate Buy” and a consensus price target of $81.67.

Graham Stock Up 0.3%

GHM opened at $95.23 on Monday. The firm has a market capitalization of $1.11 billion, a P/E ratio of 70.54 and a beta of 1.05. The stock’s 50 day moving average price is $89.72 and its two-hundred day moving average price is $76.94. Graham Corporation has a 12-month low of $35.85 and a 12-month high of $103.53.

Graham Company Profile

Graham Corporation (NYSE: GHM) is a U.S.-based industrial engineering company that designs, manufactures and services vacuum and heat transfer equipment. Its core offerings include liquid ring vacuum pumps, surface condensers, heat exchangers and custom-engineered vacuum systems. These products play a critical role in energy-intensive industries, where reliable removal of non-condensable gases and efficient heat exchange are vital to process performance.

The company’s technologies find application across a range of end markets, including power generation, petrochemical, oil and gas, LNG, and semiconductor manufacturing.