EAM Investors LLC acquired a new position in Hardinge Inc. (NASDAQ:HDNG) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 48,561 shares of the industrial products company’s stock, valued at approximately $742,000. EAM Investors LLC owned approximately 0.37% of Hardinge at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of HDNG. Deltec Asset Management LLC bought a new position in shares of Hardinge in the 2nd quarter worth about $161,000. Strs Ohio increased its stake in shares of Hardinge by 13.8% in the 2nd quarter. Strs Ohio now owns 49,400 shares of the industrial products company’s stock worth $613,000 after acquiring an additional 6,000 shares in the last quarter. Municipal Employees Retirement System of Michigan bought a new position in shares of Hardinge in the 2nd quarter worth about $404,000. John G Ullman & Associates Inc. increased its stake in shares of Hardinge by 48.7% in the 2nd quarter. John G Ullman & Associates Inc. now owns 182,612 shares of the industrial products company’s stock worth $2,268,000 after acquiring an additional 59,802 shares in the last quarter. Finally, Eagle Global Advisors LLC increased its stake in shares of Hardinge by 6.5% in the 2nd quarter. Eagle Global Advisors LLC now owns 16,853 shares of the industrial products company’s stock worth $209,000 after acquiring an additional 1,030 shares in the last quarter. Institutional investors own 73.09% of the company’s stock.

Hardinge Inc. (NASDAQ:HDNG) opened at $17.01 on Friday. The stock has a market cap of $225.16, a PE ratio of 20.95 and a beta of 0.93. Hardinge Inc. has a 12 month low of $9.51 and a 12 month high of $18.00.

Several research analysts recently issued reports on HDNG shares. ValuEngine lowered shares of Hardinge from a “buy” rating to a “hold” rating in a research note on Tuesday, October 10th. TheStreet upgraded shares of Hardinge from a “d+” rating to a “b” rating in a research note on Monday, August 21st.

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About Hardinge

Hardinge Inc (Hardinge) is a designer, manufacturer and distributor of machine tools, specializing in precision computer numerically controlled metalcutting machines and workholding technology solutions. The Company supplies high precision computer controlled metalcutting turning machines, grinding machines, machining centers and repair parts related to those machines.

Institutional Ownership by Quarter for Hardinge (NASDAQ:HDNG)

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