Thermon Group Holdings, Inc. (NYSE:THR) Shares Purchased by Campbell & CO Investment Adviser LLC

Campbell & CO Investment Adviser LLC raised its holdings in shares of Thermon Group Holdings, Inc. (NYSE:THRFree Report) by 47.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 17,618 shares of the technology company’s stock after purchasing an additional 5,679 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in Thermon Group were worth $484,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of THR. Raymond James & Associates grew its position in shares of Thermon Group by 12.8% during the first quarter. Raymond James & Associates now owns 35,395 shares of the technology company’s stock worth $573,000 after acquiring an additional 4,025 shares during the last quarter. MetLife Investment Management LLC grew its position in shares of Thermon Group by 55.4% during the first quarter. MetLife Investment Management LLC now owns 18,025 shares of the technology company’s stock worth $292,000 after acquiring an additional 6,427 shares during the last quarter. Great West Life Assurance Co. Can grew its position in shares of Thermon Group by 134.3% during the first quarter. Great West Life Assurance Co. Can now owns 2,324 shares of the technology company’s stock worth $40,000 after acquiring an additional 1,332 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of Thermon Group by 2.1% during the first quarter. Dimensional Fund Advisors LP now owns 1,445,440 shares of the technology company’s stock worth $23,417,000 after acquiring an additional 30,190 shares during the last quarter. Finally, Lazard Asset Management LLC acquired a new stake in Thermon Group in the first quarter worth about $45,000. Institutional investors own 93.99% of the company’s stock.

Insider Buying and Selling

In other Thermon Group news, Director Roger L. Fix purchased 1,555 shares of the business’s stock in a transaction on Tuesday, February 6th. The stock was bought at an average cost of $25.70 per share, with a total value of $39,963.50. Following the acquisition, the director now owns 28,273 shares of the company’s stock, valued at $726,616.10. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 1.90% of the company’s stock.

Thermon Group Stock Performance

THR stock opened at $27.88 on Tuesday. The company has a market capitalization of $940.11 million, a P/E ratio of 19.36 and a beta of 1.22. The company has a 50-day simple moving average of $30.83 and a 200 day simple moving average of $28.91. Thermon Group Holdings, Inc. has a fifty-two week low of $20.56 and a fifty-two week high of $34.07. The company has a quick ratio of 1.53, a current ratio of 2.22 and a debt-to-equity ratio of 0.35.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of Thermon Group from a “strong-buy” rating to a “buy” rating in a report on Tuesday, January 30th.

View Our Latest Stock Report on Thermon Group

About Thermon Group

(Free Report)

Thermon Group Holdings, Inc provides engineered industrial process heating solutions for process industries in the United States and Latin America, Canada, Europe, the Middle East, Africa, and the Asia-Pacific. It provides heat tracing products, such as electric heat tracing cables, steam heating solutions, controls, monitoring and software, instrumentation, project services, industrial heating and filtration solutions, temporary electrical power distribution and lighting, and other products and services.

Further Reading

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Institutional Ownership by Quarter for Thermon Group (NYSE:THR)

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