Is Griffon Corp (NYSE:GFF) Going to Burn These Institutional Investors?

April 17, 2018 - By Stephen Andrade

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 has improved, as 52 investment managers increased or started new holdings, while 45 trimmed and sold stakes in Griffon Corp. The investment managers in our partner’s database now own: 32.04 million shares, up from 31.80 million shares in 2017Q3. Also, the number of investment managers holding Griffon Corp in their top 10 holdings 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 buying transaction, and 0 selling transactions for $45,825 activity.

Griffon Corporation (NYSE:GFF) Institutional Positions Chart

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