WINTON GROUP Ltd Takes Position in Hudson Technologies, Inc. (NASDAQ:HDSN)

WINTON GROUP Ltd bought a new position in Hudson Technologies, Inc. (NASDAQ:HDSN) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 81,618 shares of the industrial products company’s stock, valued at approximately $455,000. WINTON GROUP Ltd owned about 0.18% of Hudson Technologies at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. FMR LLC increased its holdings in shares of Hudson Technologies by 299.8% in the third quarter. FMR LLC now owns 4,670 shares of the industrial products company’s stock valued at $39,000 after purchasing an additional 3,502 shares during the period. Quarry LP increased its holdings in Hudson Technologies by 901.1% in the 3rd quarter. Quarry LP now owns 4,675 shares of the industrial products company’s stock worth $39,000 after buying an additional 4,208 shares during the period. DORCHESTER WEALTH MANAGEMENT Co purchased a new position in Hudson Technologies during the 4th quarter worth approximately $72,000. Intech Investment Management LLC purchased a new position in Hudson Technologies during the 3rd quarter worth approximately $88,000. Finally, Ieq Capital LLC acquired a new stake in Hudson Technologies during the 4th quarter valued at approximately $91,000. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Hudson Technologies Trading Down 2.5 %

Hudson Technologies stock opened at $6.18 on Monday. The firm has a market cap of $272.07 million, a PE ratio of 9.51, a P/E/G ratio of 0.49 and a beta of 1.12. Hudson Technologies, Inc. has a 12 month low of $5.17 and a 12 month high of $11.49. The stock’s 50 day simple moving average is $5.87 and its two-hundred day simple moving average is $6.40.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reduced their target price on shares of Hudson Technologies from $8.00 to $6.25 and set a “hold” rating for the company in a report on Monday, March 10th. Six analysts have rated the stock with a hold rating, According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $7.50.

About Hudson Technologies

Hudson Technologies, Inc, through its subsidiary, Hudson Technologies Company, engages in the provision of solutions to recurring problems within the refrigeration industry in the United States. The company engages in the sale of refrigerant and industrial gas; provision of refrigerant management services consisting primarily of reclamation of refrigerants, re-usable cylinder refurbishment, and hydrostatic testing services; and RefrigerantSide services comprising system decontamination and recovery to remove moisture, oils, and other contaminants.