S. Muoio & CO. LLC Purchases Shares of 114,600 Xerium Technologies, Inc. (XRM)
S. Muoio & CO. LLC purchased a new position in shares of Xerium Technologies, Inc. (NYSE:XRM) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 114,600 shares of the industrial products company’s stock, valued at approximately $1,543,000.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Dimensional Fund Advisors LP raised its holdings in Xerium Technologies by 25.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 234,927 shares of the industrial products company’s stock valued at $1,515,000 after acquiring an additional 47,338 shares during the last quarter. Kassirer Asset Management Corp acquired a new position in Xerium Technologies in the 2nd quarter valued at $1,324,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in Xerium Technologies in the 2nd quarter valued at $803,000. Balter Liquid Alternatives LLC raised its holdings in Xerium Technologies by 89.2% in the 2nd quarter. Balter Liquid Alternatives LLC now owns 35,182 shares of the industrial products company’s stock valued at $466,000 after acquiring an additional 16,587 shares during the last quarter. Finally, Water Island Capital LLC acquired a new position in Xerium Technologies in the 2nd quarter valued at $4,752,000. 61.77% of the stock is currently owned by hedge funds and other institutional investors.
Separately, TheStreet downgraded Xerium Technologies from a “c-” rating to a “d+” rating in a report on Friday, August 24th.
TRADEMARK VIOLATION WARNING: “S. Muoio & CO. LLC Purchases Shares of 114,600 Xerium Technologies, Inc. (XRM)” was originally posted by Daily Political and is owned by of Daily Political. If you are accessing this piece on another domain, it was stolen and republished in violation of United States and international copyright laws. The correct version of this piece can be viewed at https://www.dailypolitical.com/2018/11/14/s-muoio-co-llc-purchases-shares-of-114600-xerium-technologies-inc-xrm.html.
About Xerium Technologies
Xerium Technologies, Inc provides industrial consumable products and services. It operates through two segments, Machine Clothing and Roll Covers. The Machine Clothing segment provides various types of industrial textiles used on paper-making machines and other industrial applications. It manufactures forming fabrics that are used at the beginning of paper-making machines; press felts for carrying the paper sheet through a series of press rolls that mechanically press water from the sheet under high pressure; and dryer fabrics that transport the paper sheet through the drying section of paper-making machines.
Featured Article: Understanding the different types of bonds
Receive News & Ratings for Xerium Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xerium Technologies and related companies with MarketBeat.com's FREE daily email newsletter.