Granite Investment Partners LLC Has $1.02 Million Holdings in Hydrogenics Corporation (HYGS)

Granite Investment Partners LLC reduced its stake in Hydrogenics Corporation (NASDAQ:HYGS) (TSE:HYG) by 14.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 125,031 shares of the energy company’s stock after selling 20,270 shares during the period. Granite Investment Partners LLC owned about 0.82% of Hydrogenics Corporation worth $1,019,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in HYGS. Manatuck Hill Partners LLC purchased a new position in Hydrogenics Corporation in the 2nd quarter worth approximately $3,030,000. Delta Lloyd Asset Management N.V. purchased a new position in shares of Hydrogenics Corporation during the second quarter valued at approximately $1,515,000. Parametric Portfolio Associates LLC purchased a new position in shares of Hydrogenics Corporation during the first quarter valued at approximately $655,000. TSP Capital Management Group LLC increased its stake in shares of Hydrogenics Corporation by 7.1% during the second quarter. TSP Capital Management Group LLC now owns 993,958 shares of the energy company’s stock valued at $10,039,000 after buying an additional 65,852 shares during the period. Finally, Virtu KCG Holdings LLC purchased a new position in shares of Hydrogenics Corporation during the second quarter valued at approximately $401,000. 20.24% of the stock is currently owned by institutional investors and hedge funds.

TRADEMARK VIOLATION NOTICE: “Granite Investment Partners LLC Has $1.02 Million Holdings in Hydrogenics Corporation (HYGS)” was first posted by Community Financial News and is the sole property of of Community Financial News. If you are viewing this story on another site, it was copied illegally and reposted in violation of international copyright and trademark laws. The correct version of this story can be viewed at https://www.com-unik.info/2017/11/23/granite-investment-partners-llc-has-1-02-million-holdings-in-hydrogenics-corporation-hygs.html.

Hydrogenics Corporation (NASDAQ:HYGS) traded up $0.55 on Thursday, hitting $10.35. The stock had a trading volume of 93,600 shares, compared to its average volume of 81,981. Hydrogenics Corporation has a 52-week low of $3.90 and a 52-week high of $11.25.

Several equities analysts have recently issued reports on HYGS shares. Roth Capital set a $11.00 target price on Hydrogenics Corporation and gave the company a “buy” rating in a research note on Monday, July 31st. ValuEngine cut Hydrogenics Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, August 3rd. Zacks Investment Research cut Hydrogenics Corporation from a “buy” rating to a “hold” rating in a research note on Friday, August 4th. HC Wainwright reissued a “buy” rating and set a $10.00 target price on shares of Hydrogenics Corporation in a research note on Tuesday, August 8th. Finally, Cowen and Company set a $9.00 target price on Hydrogenics Corporation and gave the company a “hold” rating in a research note on Friday, August 11th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $10.00.

Hydrogenics Corporation Company Profile

Hydrogenics Corp is a Canada-based firm, which designs and manufactures hydrogen generation products based on water electrolysis technology, and fuel cell products based on proton exchange membrane (PEM) technology. The Company’s segments are Onsite Generation and Power Systems. The OnSite Generation segment is based in Oevel, Belgium and develops products for industrial gas, hydrogen fueling and renewable energy storage markets.

Want to see what other hedge funds are holding HYGS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hydrogenics Corporation (NASDAQ:HYGS) (TSE:HYG).

Institutional Ownership by Quarter for Hydrogenics Corporation (NASDAQ:HYGS)

What are top analysts saying about Hydrogenics Corporation? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Hydrogenics Corporation and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit