New South Capital Management Inc. Has $7.38 Million Stake in Hudson Technologies, Inc. (NASDAQ:HDSN)

New South Capital Management Inc. decreased its stake in shares of Hudson Technologies, Inc. (NASDAQ:HDSN) by 1.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 1,321,717 shares of the industrial products company’s stock after selling 21,455 shares during the period. New South Capital Management Inc. owned 2.92% of Hudson Technologies worth $7,375,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the stock. Geode Capital Management LLC increased its holdings in shares of Hudson Technologies by 1.1% during the 3rd quarter. Geode Capital Management LLC now owns 990,856 shares of the industrial products company’s stock valued at $8,265,000 after acquiring an additional 10,707 shares during the last quarter. Public Employees Retirement System of Ohio increased its holdings in shares of Hudson Technologies by 5.8% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 367,640 shares of the industrial products company’s stock valued at $3,066,000 after acquiring an additional 20,000 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Hudson Technologies by 69.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 338,607 shares of the industrial products company’s stock valued at $2,824,000 after acquiring an additional 139,042 shares during the last quarter. Wedge Capital Management L L P NC acquired a new position in shares of Hudson Technologies during the 4th quarter valued at about $1,612,000. Finally, Bank of New York Mellon Corp boosted its stake in Hudson Technologies by 13.9% during the 4th quarter. Bank of New York Mellon Corp now owns 189,321 shares of the industrial products company’s stock valued at $1,056,000 after purchasing an additional 23,066 shares during the period. Institutional investors and hedge funds own 71.34% of the company’s stock.

Hudson Technologies Stock Up 2.2 %

Shares of NASDAQ:HDSN opened at $5.59 on Thursday. The business has a 50 day moving average price of $5.77 and a 200 day moving average price of $6.66. Hudson Technologies, Inc. has a twelve month low of $5.17 and a twelve month high of $14.28. The company has a market cap of $252.66 million, a price-to-earnings ratio of 8.60, a PEG ratio of 0.49 and a beta of 1.09.

Hudson Technologies Company Profile

Hudson Technologies, Inc, through its subsidiary, Hudson Technologies Company, engages in the provision of solutions to recurring problems within the refrigeration industry in the United States. The company engages in the sale of refrigerant and industrial gas; provision of refrigerant management services consisting primarily of reclamation of refrigerants, re-usable cylinder refurbishment, and hydrostatic testing services; and RefrigerantSide services comprising system decontamination and recovery to remove moisture, oils, and other contaminants.