Dimensional Fund Advisors LP Grows Position in Xerium Technologies, Inc. (XRM)
Dimensional Fund Advisors LP lifted its stake in Xerium Technologies, Inc. (NYSE:XRM) by 26.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 182,463 shares of the industrial products company’s stock after buying an additional 37,886 shares during the period. Dimensional Fund Advisors LP owned about 1.12% of Xerium Technologies worth $1,312,000 at the end of the most recent reporting period.
Separately, WealthTrust Axiom LLC lifted its stake in shares of Xerium Technologies by 1.4% in the second quarter. WealthTrust Axiom LLC now owns 169,974 shares of the industrial products company’s stock valued at $1,222,000 after buying an additional 2,300 shares during the period. Institutional investors own 62.71% of the company’s stock.
Xerium Technologies, Inc. (NYSE:XRM) traded down $0.10 during midday trading on Friday, hitting $4.16. 231,601 shares of the company traded hands, compared to its average volume of 49,005. The company has a debt-to-equity ratio of -4.04, a current ratio of 1.81 and a quick ratio of 1.07. Xerium Technologies, Inc. has a twelve month low of $3.70 and a twelve month high of $7.75.
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About Xerium Technologies
Xerium Technologies, Inc (Xerium) is a manufacturer and supplier of over two types of consumable products used in the production of paper: machine clothing and roll covers. The Company markets its products through brands, such as Huyck Wangner, Weavexx, Stowe Woodward, Mount Hope, Robec and Xibe. The Company operates in two segments: machine clothing and roll covers.
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