Price T Rowe Associates Inc. MD Has $219,000 Stock Holdings in Hudson Technologies, Inc. (NASDAQ:HDSN)

Price T Rowe Associates Inc. MD increased its holdings in shares of Hudson Technologies, Inc. (NASDAQ:HDSN) by 20.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 39,192 shares of the industrial products company’s stock after buying an additional 6,673 shares during the period. Price T Rowe Associates Inc. MD owned about 0.09% of Hudson Technologies worth $219,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in HDSN. RPO LLC acquired a new position in shares of Hudson Technologies in the 4th quarter worth approximately $62,000. DORCHESTER WEALTH MANAGEMENT Co bought a new stake in shares of Hudson Technologies in the 4th quarter valued at $72,000. Ieq Capital LLC bought a new stake in shares of Hudson Technologies in the 4th quarter valued at $91,000. Aigen Investment Management LP boosted its stake in shares of Hudson Technologies by 13.6% in the 4th quarter. Aigen Investment Management LP now owns 18,052 shares of the industrial products company’s stock valued at $101,000 after purchasing an additional 2,167 shares during the last quarter. Finally, Intech Investment Management LLC boosted its stake in shares of Hudson Technologies by 85.8% in the 4th quarter. Intech Investment Management LLC now owns 19,603 shares of the industrial products company’s stock valued at $109,000 after purchasing an additional 9,051 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Hudson Technologies Stock Down 0.8%

Hudson Technologies stock opened at $7.82 on Friday. Hudson Technologies, Inc. has a 12-month low of $5.11 and a 12-month high of $10.04. The firm’s fifty day moving average is $6.20 and its 200 day moving average is $5.98. The company has a market capitalization of $340.02 million, a PE ratio of 12.03, a PEG ratio of 0.49 and a beta of 0.92.

Hudson Technologies (NASDAQ:HDSN) last released its earnings results on Wednesday, May 7th. The industrial products company reported $0.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.01 by $0.05. Hudson Technologies had a net margin of 12.49% and a return on equity of 12.74%. The company had revenue of $55.34 million for the quarter, compared to the consensus estimate of $52.23 million. Sell-side analysts expect that Hudson Technologies, Inc. will post 0.55 EPS for the current fiscal year.

Analyst Ratings Changes

HDSN has been the topic of a number of analyst reports. Craig Hallum raised shares of Hudson Technologies from a “hold” rating to a “buy” rating and set a $8.00 price objective on the stock in a research note on Thursday, May 8th. Canaccord Genuity Group upped their price objective on shares of Hudson Technologies from $6.25 to $6.75 and gave the company a “hold” rating in a research note on Thursday, May 8th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, Hudson Technologies currently has an average rating of “Hold” and an average price target of $7.25.

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.