American Securities Cut Xerium Technologies (XRM) Holding as Market Value Rose; Graco (GGG) Share Price Declined While Town & Country Bank & Trust Company Dba First Bankers Trust Company Has Increased by $452,925 Its Position

May 16, 2018 - By Stephen Andrade

Graco Inc. (NYSE:GGG) Logo

American Securities Llc decreased its stake in Xerium Technologies Inc (XRM) by 5.58% based on its latest 2017Q4 regulatory filing with the SEC. American Securities Llc sold 77,819 shares as the company’s stock rose 43.81% while stock markets declined. The institutional investor held 1.32M shares of the basic industries company at the end of 2017Q4, valued at $5.61 million, down from 1.40M at the end of the previous reported quarter. American Securities Llc who had been investing in Xerium Technologies Inc for a number of months, seems to be less bullish one the $104.97M market cap company. The stock decreased 2.44% or $0.16 during the last trading session, reaching $6.39. About 9,305 shares traded. Xerium Technologies, Inc. (NYSE:XRM) has risen 25.73% since May 16, 2017 and is uptrending. It has outperformed by 14.18% the S&P500.

Town & Country Bank & Trust Company Dba First Bankers Trust Company increased its stake in Graco Inc (GGG) by 200.3% based on its latest 2017Q4 regulatory filing with the SEC. Town & Country Bank & Trust Company Dba First Bankers Trust Company bought 10,065 shares as the company’s stock declined 0.59% with the market. The institutional investor held 15,090 shares of the fluid controls company at the end of 2017Q4, valued at $682,000, up from 5,025 at the end of the previous reported quarter. Town & Country Bank & Trust Company Dba First Bankers Trust Company who had been investing in Graco Inc for a number of months, seems to be bullish on the $7.65B market cap company. The stock decreased 0.11% or $0.05 during the last trading session, reaching $45.61. About 447,820 shares traded. Graco Inc. (NYSE:GGG) has risen 44.03% since May 16, 2017 and is uptrending. It has outperformed by 32.48% the S&P500.

More recent Xerium Technologies, Inc. (NYSE:XRM) news were published by: Bizjournals.com which released: “Amid strategic review, Xerium CEO talks NAFTA, China” on May 03, 2018. Also Seekingalpha.com published the news titled: “Xerium Technologies’ (XRM) CEO Mark Staton on Q1 2018 Results – Earnings Call Transcript” on May 01, 2018. Seekingalpha.com‘s news article titled: “Xerium Technologies: About To Be Acquired Post-August” with publication date: April 23, 2018 was also an interesting one.

Investors sentiment increased to 1.45 in 2017 Q4. Its up 0.24, from 1.21 in 2017Q3. It improved, as 6 investors sold XRM shares while 14 reduced holdings. 11 funds opened positions while 18 raised stakes. 10.34 million shares or 2.39% more from 10.10 million shares in 2017Q3 were reported. Rutabaga Mgmt Ltd Llc Ma has 525,142 shares. Macquarie Ltd invested in 0% or 19,711 shares. Axa invested in 0% or 18,606 shares. Dimensional Fund Advisors LP holds 187,589 shares or 0% of its portfolio. Lsv Asset Management reported 0% stake. Bridgeway Capital Inc holds 49,136 shares or 0% of its portfolio. Northern Corporation reported 23,280 shares. Wynnefield Capital reported 1.72% in Xerium Technologies, Inc. (NYSE:XRM). Wealthtrust Axiom Ltd Liability Com holds 157,650 shares. Halcyon Prtnrs Ltd Partnership stated it has 0.35% in Xerium Technologies, Inc. (NYSE:XRM). Morgan Stanley has invested 0% in Xerium Technologies, Inc. (NYSE:XRM). Buckhead Cap Mgmt Limited Liability invested in 0.14% or 149,450 shares. Renaissance Technologies Lc owns 377,135 shares or 0% of their US portfolio. Barclays Plc invested in 0% or 85 shares. Spark Investment Ltd Co holds 27,300 shares or 0.01% of its portfolio.

Since December 13, 2017, it had 0 buys, and 8 insider sales for $18.82 million activity. $657,476 worth of Graco Inc. (NYSE:GGG) shares were sold by Etchart Eric. GALLIVAN KAREN PARK also sold $1.98 million worth of Graco Inc. (NYSE:GGG) shares. $1.68M worth of Graco Inc. (NYSE:GGG) was sold by Rothe Christian E on Wednesday, December 13. $1.24M worth of Graco Inc. (NYSE:GGG) shares were sold by CARROLL WILLIAM J. MCHALE PATRICK J also sold $10.01 million worth of Graco Inc. (NYSE:GGG) shares.

More news for Graco Inc. (NYSE:GGG) were recently published by: Seekingalpha.com, which released: “Graco Inc. 2018 Q1 – Results – Earnings Call Slides” on April 26, 2018. Seekingalpha.com‘s article titled: “Graco up 5% on Q1 results, raises guidance” and published on April 26, 2018 is yet another important article.

Among 15 analysts covering Graco Inc (NYSE:GGG), 2 have Buy rating, 0 Sell and 13 Hold. Therefore 13% are positive. Graco Inc has $143.0 highest and $45.0 lowest target. $67.67’s average target is 48.37% above currents $45.61 stock price. Graco Inc had 36 analyst reports since September 15, 2015 according to SRatingsIntel. The stock of Graco Inc. (NYSE:GGG) earned “Hold” rating by Oppenheimer on Wednesday, August 16. The firm earned “Hold” rating on Thursday, October 26 by Robert W. Baird. The firm has “Peer Perform” rating by Wolfe Research given on Monday, July 31. Deutsche Bank upgraded Graco Inc. (NYSE:GGG) rating on Tuesday, January 23. Deutsche Bank has “Buy” rating and $55 target. RBC Capital Markets maintained Graco Inc. (NYSE:GGG) on Thursday, July 27 with “Hold” rating. The stock of Graco Inc. (NYSE:GGG) has “Neutral” rating given on Tuesday, March 22 by Seaport Global. The stock of Graco Inc. (NYSE:GGG) earned “Neutral” rating by SunTrust on Thursday, April 14. The stock of Graco Inc. (NYSE:GGG) has “Hold” rating given on Friday, September 15 by RBC Capital Markets. B. Riley & Co maintained Graco Inc. (NYSE:GGG) on Wednesday, January 31 with “Neutral” rating. The stock has “Hold” rating by RBC Capital Markets on Wednesday, January 3.

Graco Inc. (NYSE:GGG) Institutional Positions Chart

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