Dalton Greiner Hartman Maher & Co. Cuts Stock Holdings in Hurco Companies, Inc. (NASDAQ:HURC)

Dalton Greiner Hartman Maher & Co. decreased its position in shares of Hurco Companies, Inc. (NASDAQ:HURC) by 30.3% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 45,181 shares of the scientific and technical instruments company’s stock after selling 19,643 shares during the period. Dalton Greiner Hartman Maher & Co.’s holdings in Hurco Companies were worth $1,733,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Rhumbline Advisers grew its holdings in shares of Hurco Companies by 11.3% during the third quarter. Rhumbline Advisers now owns 10,246 shares of the scientific and technical instruments company’s stock valued at $330,000 after buying an additional 1,040 shares during the last quarter. Tower Research Capital LLC TRC grew its holdings in shares of Hurco Companies by 428.1% during the third quarter. Tower Research Capital LLC TRC now owns 1,220 shares of the scientific and technical instruments company’s stock valued at $39,000 after buying an additional 989 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Hurco Companies by 18.2% during the second quarter. Vanguard Group Inc. now owns 368,942 shares of the scientific and technical instruments company’s stock valued at $13,120,000 after buying an additional 56,845 shares during the last quarter. First Trust Advisors LP lifted its position in Hurco Companies by 25.4% during the third quarter. First Trust Advisors LP now owns 14,430 shares of the scientific and technical instruments company’s stock valued at $464,000 after purchasing an additional 2,927 shares during the period. Finally, BlackRock Inc. lifted its position in Hurco Companies by 11.0% during the second quarter. BlackRock Inc. now owns 369,250 shares of the scientific and technical instruments company’s stock valued at $13,130,000 after purchasing an additional 36,684 shares during the period. Hedge funds and other institutional investors own 77.93% of the company’s stock.

HURC has been the topic of a number of research analyst reports. TheStreet downgraded shares of Hurco Companies from a “b” rating to a “c+” rating in a research report on Friday, January 3rd. BidaskClub upgraded shares of Hurco Companies from a “hold” rating to a “buy” rating in a research report on Wednesday, January 1st. Finally, ValuEngine downgraded shares of Hurco Companies from a “buy” rating to a “hold” rating in a research report on Thursday, December 5th.

Shares of Hurco Companies stock opened at $33.34 on Thursday. The company has a market cap of $225.99 million, a price-to-earnings ratio of 13.09 and a beta of 0.88. The company’s 50 day moving average is $36.53 and its 200 day moving average is $34.34. Hurco Companies, Inc. has a twelve month low of $31.07 and a twelve month high of $44.06.

Hurco Companies (NASDAQ:HURC) last issued its quarterly earnings data on Friday, January 3rd. The scientific and technical instruments company reported $0.31 earnings per share for the quarter. The company had revenue of $59.99 million for the quarter. Hurco Companies had a net margin of 6.64% and a return on equity of 7.44%.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 16th. Investors of record on Thursday, January 2nd will be given a dividend of $0.12 per share. The ex-dividend date is Tuesday, December 31st. This represents a $0.48 dividend on an annualized basis and a yield of 1.44%.

About Hurco Companies

Hurco Companies, Inc, an industrial technology company, designs, manufactures, and sells computerized machine tools to companies in the metal cutting industry worldwide. The company offers general purpose computerized machine tools, such as vertical machining centers and turning centers. It also provides computer numerical control (CNC) machine tools; machine tools with computer control systems; and industry standard CNC controls, including Fanuc, Siemens, Mitsubishi, or Heidenhain.

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Institutional Ownership by Quarter for Hurco Companies (NASDAQ:HURC)

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