Griffon Corp (NYSE:GFF): Institutional Investor Sentiment Up to 1.16

April 17, 2018 - By Linda Rogers

Griffon Corporation (NYSE:GFF) Logo

Sentiment for Griffon Corp (NYSE:GFF)

Griffon Corp (NYSE:GFF) institutional sentiment increased to 1.16 in Q4 2017. Its up 0.18, from 0.98 in 2017Q3. The ratio improved, as 52 hedge funds increased or opened new equity positions, while 45 sold and reduced their stakes in Griffon Corp. The hedge funds in our partner’s database reported: 32.04 million shares, up from 31.80 million shares in 2017Q3. Also, the number of hedge funds holding Griffon Corp in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 9 Reduced: 36 Increased: 35 New Position: 17.

Griffon Corporation, through its wholly-owned subsidiaries, engages in home and building, telephonics, and plastic products businesses worldwide. The company has market cap of $888.69 million. The Company’s Home & Building Products segment makes and markets long-handled tools and landscaping products for homeowners and professionals; and residential and commercial garage doors to professional dealers and home center retail chains. It has a 26.03 P/E ratio. The companyÂ’s Telephonics segment designs, develops, makes, and provides logistical support and lifecycle sustainment services; and intelligence, surveillance, and communications solutions to defense, aerospace, and commercial customers.

The stock increased 1.26% or $0.25 during the last trading session, reaching $20.15. About 45,788 shares traded. Griffon Corporation (NYSE:GFF) has declined 20.25% since April 17, 2017 and is downtrending. It has underperformed by 31.80% the S&P500.

Teton Advisors Inc. holds 0.79% of its portfolio in Griffon Corporation for 422,703 shares. Gamco Investors Inc. Et Al owns 5.65 million shares or 0.72% of their US portfolio. Moreover, Norman Fields Gottscho Capital Management Llc has 0.62% invested in the company for 55,525 shares. The Massachusetts-based Ironwood Investment Management Llc has invested 0.56% in the stock. Gabelli Funds Llc, a New York-based fund reported 1.68 million shares.#img1#

Since January 1, 0001, it had 1 insider purchase, and 0 sales for $45,825 activity.

Griffon Corporation (NYSE:GFF) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.