Kennedy Capital Management Inc Position in Hardinge Inc (NASDAQ:HDNG) Upped as Price Rose

May 16, 2018 - By Benjamin Allen

Hardinge Inc. (NASDAQ:HDNG) Corporate LogoDuring 2017 Q4 the big money sentiment increased to 1.23. That’s change of 0.23, from 2017Q3’s 1. 12 investors sold all, 19 reduced holdings as HDNG ratio improved. 26 increased positions while 12 funds took positions. Funds hold 9.13 million shares thus 0.17% more from 2017Q3’s 9.11 million shares. 83,393 are held by Geode Cap Management Lc. Blackrock invested in 0% or 842,897 shs. Financial Bank Of Montreal Can reported 219 shs. Wells Fargo Mn invested 0% in Hardinge Inc. (NASDAQ:HDNG). Renaissance Technologies Ltd Liability Corp holds 331,000 shs. Pacific Ridge Capital Prtn Ltd Liability holds 1.44% or 313,289 shs in its capital. Foundry Prtn Ltd Com owns 190,980 shs or 0.14% of their US capital. Eam Invsts Ltd holds 0.11% or 48,561 shs. First Wilshire Secs Mgmt has invested 1.58% in Hardinge Inc. (NASDAQ:HDNG). Us Bancorp De stated it has 93,320 shs. Arrowstreet Ltd Partnership holds 0% or 15,600 shs in its capital. Panagora Asset Mgmt holds 0% or 46,866 shs. 36,950 are held by First Manhattan. Morgan Dempsey Mngmt Limited Company owns 0.37% invested in Hardinge Inc. (NASDAQ:HDNG) for 66,868 shs. Strs Ohio, a Ohio-based fund reported 38,300 shs.

Based on the latest 2018Q1 regulatory report from the SEC, Kennedy Capital Management Inc increased its stake in Hardinge Inc (NASDAQ:HDNG) by 124.25%. Hardinge Inc (NASDAQ:HDNG) stock Popped Up 7.71% while Kennedy Capital Management Inc bought 581,442 shares. In 2018Q1, Kennedy Capital Management Inc held 1.05M shares of Hardinge Inc (NASDAQ:HDNG), priced at $19.23M, up from 467,972 last quarter. $238.33 million is the Hardinge Inc’s market cap. $18.38 was the last price.Since May 17, 2017 it’s 75.05% down thus uptrending. HDNG outperformed by 63.50% the S&P500.

Kennedy Capital Management Inc manages about $5.67 billion and $5.14B US longs. Its stake in Cambrex Corporation (NYSE:CBM) was decreased by 193,214 shares to 244,994 shares valued at $12.81 million in 2018Q1, according to the regulatory report. It decreased Icu Medical Inc (NASDAQ:ICUI) position by 42,667 shares to 93,170 shares, and cut its Nektar Therapeutics (NASDAQ:NKTR) stake.

Kennedy Capital Management Inc is a Missouri-based institutional investor with more than $5.67 billion AUM in March, 2014. Taken from Kennedy Capital Management latest Adv, the fund reported to have 50 full and part-time employees. Among which 31 performing investment advisory and research functions. The institutional investor had more than 500 clients.

Hardinge Inc., together with its subsidiaries, designs, makes, and distributes machine tools in North America, Europe, and Asia.The firm is valued at $238.33 million. The firm operates through two divisions, Metalcutting Machine Solutions, and Aftermarket Tooling and Accessories.The P/E ratio is 40.84. It offers computer controlled metalcutting turning machines, grinding machines, machining centers, collets, chucks, index fixtures, repair parts for machines, and other industrial products, as well as engineers and supplies high precision, standard, and specialty workholding devices, and other machine tool accessories.

Hardinge Inc. (NASDAQ:HDNG) Institutional Investors Chart

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