Albany International Corp. (NYSE:AIN) hit a new 52-week high during trading on Tuesday . The stock traded as high as $64.75 and last traded at $63.50, with a volume of 53100 shares. The stock had previously closed at $63.15.

The company has a debt-to-equity ratio of 0.80, a current ratio of 2.49 and a quick ratio of 1.76. The stock has a market cap of $2,080.12, a PE ratio of 41.68 and a beta of 1.72.

Albany International (NYSE:AIN) last issued its quarterly earnings results on Monday, October 30th. The textile maker reported $0.57 EPS for the quarter, topping the consensus estimate of $0.42 by $0.15. Albany International had a net margin of 5.06% and a return on equity of 9.24%. The firm had revenue of $222.14 million for the quarter. During the same quarter last year, the firm posted $0.41 earnings per share.

A number of hedge funds and other institutional investors have recently bought and sold shares of AIN. Teachers Advisors LLC raised its holdings in Albany International by 3.5% during the 1st quarter. Teachers Advisors LLC now owns 48,500 shares of the textile maker’s stock worth $2,233,000 after buying an additional 1,630 shares during the period. State Street Corp raised its holdings in Albany International by 8.0% during the 1st quarter. State Street Corp now owns 677,377 shares of the textile maker’s stock worth $31,195,000 after buying an additional 50,367 shares during the period. Aperio Group LLC raised its holdings in Albany International by 18.4% during the 2nd quarter. Aperio Group LLC now owns 9,507 shares of the textile maker’s stock worth $508,000 after buying an additional 1,476 shares during the period. Great West Life Assurance Co. Can raised its holdings in Albany International by 2.4% during the 2nd quarter. Great West Life Assurance Co. Can now owns 42,663 shares of the textile maker’s stock worth $2,276,000 after buying an additional 1,000 shares during the period. Finally, Texas Permanent School Fund raised its holdings in Albany International by 0.8% during the 2nd quarter. Texas Permanent School Fund now owns 21,100 shares of the textile maker’s stock worth $1,127,000 after buying an additional 176 shares during the period. Hedge funds and other institutional investors own 90.53% of the company’s stock.

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Albany International Company Profile

Albany International Corp. is focused on textiles and materials processing business. The Company operates through two segments: Machine Clothing and Albany Engineered Composites. The Company’s Machine Clothing segment supplies permeable and impermeable belts used in the manufacture of paper, paperboard, nonwovens, fiber cement and various other industrial applications.

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