15,535 Shares in Graham Co. (GHM) Purchased by Chicago Equity Partners LLC

Chicago Equity Partners LLC acquired a new position in Graham Co. (NYSE:GHM) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 15,535 shares of the industrial products company’s stock, valued at approximately $355,000.

Other large investors have also recently added to or reduced their stakes in the company. MetLife Investment Advisors LLC increased its stake in Graham by 55.2% in the 3rd quarter. MetLife Investment Advisors LLC now owns 7,497 shares of the industrial products company’s stock worth $211,000 after acquiring an additional 2,665 shares during the last quarter. Rhumbline Advisers increased its stake in Graham by 45.0% in the 4th quarter. Rhumbline Advisers now owns 13,778 shares of the industrial products company’s stock worth $315,000 after acquiring an additional 4,277 shares during the last quarter. Hilltop Holdings Inc. bought a new stake in Graham in the 3rd quarter worth approximately $337,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in Graham in the 3rd quarter worth approximately $638,000. Finally, Walthausen & Co. LLC bought a new stake in Graham in the 3rd quarter worth approximately $1,334,000. 77.73% of the stock is currently owned by institutional investors and hedge funds.

NYSE:GHM opened at $23.17 on Thursday. Graham Co. has a 1 year low of $19.48 and a 1 year high of $28.98. The company has a market capitalization of $219.50 million, a price-to-earnings ratio of 43.76 and a beta of 0.91.

Graham (NYSE:GHM) last released its earnings results on Wednesday, January 30th. The industrial products company reported $0.01 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.31 by ($0.30). The company had revenue of $17.20 million for the quarter. Graham had a net margin of 5.62% and a return on equity of 4.67%. During the same quarter in the prior year, the company posted $0.02 earnings per share.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 26th. Stockholders of record on Tuesday, February 12th will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.73%. The ex-dividend date of this dividend is Monday, February 11th.

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Graham Company Profile

Graham Corporation, together with its subsidiaries, designs, manufactures, and supplies vacuum and heat transfer equipment for the chemical, defense, petrochemical, petroleum refining, electric power generation, and other industries worldwide. It offers heat transfer equipment, including surface condensers, heliflows, water heaters, and various types of heat exchangers, as well as custom-engineered ejectors; and vacuum equipment, such as steam jet ejector vacuum systems and liquid ring vacuum pumps.

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Institutional Ownership by Quarter for Graham (NYSE:GHM)

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