Hardinge Inc (NASDAQ:HDNG) Shareholder Kennedy Capital Management Inc Upped Its Position

May 16, 2018 - By Samuel McNeil

Hardinge Inc. (NASDAQ:HDNG) Corporate LogoDuring Q4 2017 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 is positive. 26 increased holdings while 12 funds took holdings. Funds hold 9.13 million shares thus 0.17% more from 2017Q3’s 9.11 million shares. Numeric Invsts Limited Liability Company has 25,261 shs. Sei holds 248 shs. Shufro Rose And Communications Llc stated it has 0.06% in Hardinge Inc. (NASDAQ:HDNG). Clarivest Asset Mngmt Limited Liability Co has 19,890 shs. Vanguard owns 466,986 shs. Prelude Capital Mgmt Llc stated it has 6,927 shs. Grp reported 0% stake. 502,600 are owned by Franklin. California State Teachers Retirement Sys accumulated 0% or 18,318 shs. Comml Bank Of Mellon holds 0% of its capital in Hardinge Inc. (NASDAQ:HDNG) for 58,040 shs. Minnesota-based Foundry Partners Lc has invested 0.14% in Hardinge Inc. (NASDAQ:HDNG). Manufacturers Life The holds 0% or 10,753 shs. Renaissance Tech Llc holds 0.01% or 331,000 shs in its capital. First Manhattan stated it has 0% in Hardinge Inc. (NASDAQ:HDNG). Venator Cap Management Ltd stated it has 2.31% of its capital in Hardinge Inc. (NASDAQ:HDNG).

In Hardinge Inc (NASDAQ:HDNG) was upped the holdings held by Kennedy Capital Management Inc. The rise is 124.25% according to 2018Q1 Securities and Exchange regulatory report. Hardinge Inc (NASDAQ:HDNG) rose 7.71% while stock markets declined as Kennedy Capital Management Inc bought 581,442 shares. Kennedy Capital Management Inc is holding 1.05 million shares, compared to 467,972 last quarter. The announced value is $19.23M. $238.33M is the Hardinge Inc’s market cap. The last price was $18.38.It’s uptrending since May 17, 2017 and is 75.05% down. HDNG outperformed by 63.50% the S&P 500.

Kennedy Capital Management Inc manages about $5.67 billion and $5.14B US longs. Its stake in Skechers Usa Inc Class A (NYSE:SKX) was reduced by 434,737 shares to 21,739 shares valued at $845,000 in 2018Q1, according to the regulatory report. It decreased Cambrex Corporation (NYSE:CBM) position by 193,214 shares to 244,994 shares, and cut its Curtiss (NYSE:CW) 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 worth $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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