Tocqueville Asset Management L.P. lessened its stake in Xerium Technologies, Inc. (NYSE:XRM) by 19.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,150,308 shares of the industrial products company’s stock after selling 282,850 shares during the period. Tocqueville Asset Management L.P. owned 7.04% of Xerium Technologies worth $5,498,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. TPG Group Holdings SBS Advisors Inc. increased its stake in Xerium Technologies by 1.4% in the 2nd quarter. TPG Group Holdings SBS Advisors Inc. now owns 1,436,350 shares of the industrial products company’s stock worth $10,327,000 after buying an additional 19,391 shares during the period. Vanguard Group Inc. increased its stake in Xerium Technologies by 1.2% in the 2nd quarter. Vanguard Group Inc. now owns 360,011 shares of the industrial products company’s stock worth $2,588,000 after buying an additional 4,352 shares during the period. Rutabaga Capital Management LLC MA purchased a new position in Xerium Technologies in the 2nd quarter worth about $2,087,000. Dimensional Fund Advisors LP increased its stake in Xerium Technologies by 26.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 182,463 shares of the industrial products company’s stock worth $1,312,000 after buying an additional 37,886 shares during the period. Finally, WealthTrust Axiom LLC increased its stake in Xerium Technologies by 1.4% in the 2nd quarter. WealthTrust Axiom LLC now owns 169,974 shares of the industrial products company’s stock worth $1,222,000 after buying an additional 2,300 shares during the period. 65.50% of the stock is currently owned by institutional investors.

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Xerium Technologies, Inc. (NYSE XRM) opened at $4.26 on Friday. Xerium Technologies, Inc. has a 12 month low of $4.07 and a 12 month high of $7.75. The company has a debt-to-equity ratio of -4.04, a current ratio of 1.81 and a quick ratio of 0.91.

Xerium Technologies Company Profile

Xerium Technologies, Inc (Xerium) is a manufacturer and supplier of over two types of consumable products used in the production of paper: machine clothing and roll covers. The Company markets its products through brands, such as Huyck Wangner, Weavexx, Stowe Woodward, Mount Hope, Robec and Xibe. The Company operates in two segments: machine clothing and roll covers.

Institutional Ownership by Quarter for Xerium Technologies (NYSE:XRM)

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