Value Holdings Management CO. LLC Has $362,000 Stake in Graham Corporation (GHM)

Value Holdings Management CO. LLC reduced its position in shares of Graham Corporation (NYSE:GHM) by 63.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 18,446 shares of the industrial products company’s stock after selling 32,533 shares during the period. Value Holdings Management CO. LLC owned about 0.19% of Graham Corporation worth $362,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. US Bancorp DE raised its position in shares of Graham Corporation by 0.5% in the first quarter. US Bancorp DE now owns 25,416 shares of the industrial products company’s stock valued at $584,000 after buying an additional 118 shares during the period. Bragg Financial Advisors Inc raised its position in shares of Graham Corporation by 1.3% in the first quarter. Bragg Financial Advisors Inc now owns 17,830 shares of the industrial products company’s stock valued at $410,000 after buying an additional 230 shares during the period. American International Group Inc. raised its position in shares of Graham Corporation by 7.2% in the first quarter. American International Group Inc. now owns 5,893 shares of the industrial products company’s stock valued at $136,000 after buying an additional 398 shares during the period. Jupiter Asset Management Ltd. raised its position in shares of Graham Corporation by 0.5% in the first quarter. Jupiter Asset Management Ltd. now owns 161,340 shares of the industrial products company’s stock valued at $3,711,000 after buying an additional 723 shares during the period. Finally, OLD National Bancorp IN raised its position in shares of Graham Corporation by 8.5% in the first quarter. OLD National Bancorp IN now owns 12,423 shares of the industrial products company’s stock valued at $286,000 after buying an additional 974 shares during the period. 75.78% of the stock is owned by institutional investors and hedge funds.

Shares of Graham Corporation (GHM) traded up 0.47% on Friday, hitting $19.40. 36,817 shares of the stock traded hands. The stock has a market cap of $189.50 million, a price-to-earnings ratio of 32.17 and a beta of 1.05. Graham Corporation has a 12-month low of $17.19 and a 12-month high of $25.00. The stock has a 50-day moving average price of $19.85 and a 200 day moving average price of $21.46.

Graham Corporation (NYSE:GHM) last posted its quarterly earnings data on Friday, August 4th. The industrial products company reported $0.10 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.09. The firm had revenue of $20.90 million for the quarter, compared to analysts’ expectations of $17.89 million. Graham Corporation had a return on equity of 5.28% and a net margin of 6.51%. The company’s quarterly revenue was down 6.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.05 EPS. On average, analysts anticipate that Graham Corporation will post $0.28 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 31st. Shareholders of record on Tuesday, August 15th will be given a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 1.86%. The ex-dividend date is Friday, August 11th. Graham Corporation’s payout ratio is 60.00%.

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Separately, Zacks Investment Research lowered shares of Graham Corporation from a “hold” rating to a “sell” rating in a research report on Tuesday, June 6th.

About Graham Corporation

Graham Corporation designs, manufactures and sells critical equipment for the energy, defense and chemical/petrochemical industries. The Company designs and manufactures custom-engineered ejectors, vacuum pumping systems, surface condensers and vacuum systems. It is a nuclear code accredited fabrication and specialty machining company.

Institutional Ownership by Quarter for Graham Corporation (NYSE:GHM)

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