Grace & White Inc. NY Has $3.72 Million Stock Position in Broadwind, Inc. (NASDAQ:BWEN)

Grace & White Inc. NY increased its position in Broadwind, Inc. (NASDAQ:BWEN) by 15.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,980,599 shares of the industrial products company’s stock after purchasing an additional 265,344 shares during the quarter. Grace & White Inc. NY owned 0.09% of Broadwind worth $3,724,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the company. GSA Capital Partners LLP lifted its stake in shares of Broadwind by 26.9% in the third quarter. GSA Capital Partners LLP now owns 150,079 shares of the industrial products company’s stock valued at $341,000 after buying an additional 31,792 shares in the last quarter. Empowered Funds LLC lifted its position in Broadwind by 52.7% in the 3rd quarter. Empowered Funds LLC now owns 81,211 shares of the industrial products company’s stock valued at $184,000 after acquiring an additional 28,021 shares in the last quarter. Cubist Systematic Strategies LLC purchased a new stake in Broadwind in the 2nd quarter valued at $84,000. Geode Capital Management LLC lifted its position in shares of Broadwind by 6.0% during the third quarter. Geode Capital Management LLC now owns 227,738 shares of the industrial products company’s stock valued at $517,000 after purchasing an additional 12,936 shares in the last quarter. Finally, Lincoln Capital Corp boosted its stake in shares of Broadwind by 61.7% in the 3rd quarter. Lincoln Capital Corp now owns 23,437 shares of the industrial products company’s stock worth $53,000 after buying an additional 8,947 shares during the last quarter. 33.27% of the stock is currently owned by institutional investors and hedge funds.

Broadwind Trading Down 2.3 %

NASDAQ BWEN opened at $1.67 on Thursday. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.50 and a quick ratio of 0.52. The stock has a market capitalization of $36.92 million, a price-to-earnings ratio of 11.93 and a beta of 1.41. Broadwind, Inc. has a one year low of $1.52 and a one year high of $4.65. The business’s fifty day moving average is $1.84 and its 200-day moving average is $2.03.

About Broadwind

Broadwind, Inc manufactures and sells structures, equipment, and components for clean tech and other specialized applications primarily in the United States. It operates through three segments: Heavy Fabrications, Gearing, and Industrial Solutions. The Heavy Fabrications segment provides fabrications to various industrial markets.