Northern Trust Corp Has $143,000 Holdings in CVD Equipment Co. (NASDAQ:CVV)

Northern Trust Corp boosted its position in CVD Equipment Co. (NASDAQ:CVV) by 63.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 32,514 shares of the industrial products company’s stock after buying an additional 12,657 shares during the quarter. Northern Trust Corp owned approximately 0.47% of CVD Equipment worth $143,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of CVV. AMH Equity Ltd boosted its holdings in CVD Equipment by 2.8% in the 4th quarter. AMH Equity Ltd now owns 665,000 shares of the industrial products company’s stock valued at $2,926,000 after purchasing an additional 18,157 shares during the period. Renaissance Technologies LLC boosted its holdings in CVD Equipment by 12.7% in the 4th quarter. Renaissance Technologies LLC now owns 139,382 shares of the industrial products company’s stock valued at $613,000 after purchasing an additional 15,700 shares during the period. Finally, Quinn Opportunity Partners LLC boosted its holdings in CVD Equipment by 24.1% in the 4th quarter. Quinn Opportunity Partners LLC now owns 71,748 shares of the industrial products company’s stock valued at $316,000 after purchasing an additional 13,914 shares during the period. 31.59% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Wall Street Zen began coverage on shares of CVD Equipment in a report on Friday, May 16th. They issued a “hold” rating for the company.

CVD Equipment Price Performance

Shares of CVD Equipment stock opened at $3.10 on Wednesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.99 and a quick ratio of 2.60. CVD Equipment Co. has a fifty-two week low of $2.46 and a fifty-two week high of $4.80. The firm has a fifty day moving average price of $2.93 and a two-hundred day moving average price of $3.31. The company has a market cap of $21.33 million, a PE ratio of -4.92 and a beta of 0.73.

CVD Equipment (NASDAQ:CVV) last released its quarterly earnings data on Tuesday, May 13th. The industrial products company reported $0.05 EPS for the quarter. The company had revenue of $8.17 million during the quarter. CVD Equipment had a negative net margin of 18.26% and a negative return on equity of 17.10%.

CVD Equipment Company Profile

CVD Equipment Corporation, together with its subsidiaries, designs, develops, manufactures, and sells equipment to develop and manufacture materials and coatings in the United States and internationally. It operates through three segments: CVD Equipment, Stainless Design Concepts, and CVD Materials. The CVD Equipment segment offers chemical vapor deposition, physical vapor transport, and thermal process equipment under the FirstNano brand for various markets, such as high power electronics, aerospace advanced materials for gas turbine jet engines, and nanomaterials used in batteries, as well as semiconductors, LEDs, carbon nanotubes, nanowires, solar cells, and other industrial and research applications.