1.55 is Gorman Rupp Co’s (NYSEMKT:GRC) Institutional Investor Sentiment

April 19, 2018 - By Hazel Jackson

Sentiment for Gorman Rupp Co (NYSEMKT:GRC)

Gorman Rupp Co (NYSEMKT:GRC) institutional sentiment increased to 1.55 in 2017 Q4. Its up 0.25, from 1.3 in 2017Q3. The ratio has increased, as 48 active investment managers opened new or increased holdings, while 31 decreased and sold stock positions in Gorman Rupp Co. The active investment managers in our partner’s database now possess: 13.80 million shares, up from 13.77 million shares in 2017Q3. Also, the number of active investment managers holding Gorman Rupp Co in their top 10 holdings was flat from 2 to 2 for the same number . Sold All: 2 Reduced: 29 Increased: 31 New Position: 17.

The Gorman-Rupp Company designs, manufactures, and sells pumps and pump systems worldwide. The company has market cap of $809.31 million. The companyÂ’s products include self-priming centrifugal, standard centrifugal, magnetic drive centrifugal, axial and mixed flow, vertical turbine line shaft, submersible, high pressure booster, rotary gear, diaphragm, bellow, and oscillating pumps. It has a 30.48 P/E ratio. The Company’s products are used in water, wastewater, construction, dewatering, industrial, petroleum, original equipment, agriculture, fire protection, military, and other liquid-handling applications, as well as in heating, ventilating, and air conditioning applications.

The stock decreased 0.70% or $0.22 during the last trading session, reaching $31. About 4,183 shares traded. The Gorman-Rupp Company (NYSEMKT:GRC) has declined 5.11% since April 19, 2017 and is downtrending. It has underperformed by 16.66% the S&P500.

Grace & White Inc Ny holds 2.28% of its portfolio in The Gorman-Rupp Company for 363,552 shares. Morgan Dempsey Capital Management Llc owns 219,151 shares or 2.2% of their US portfolio. Moreover, Fruth Investment Management has 0.9% invested in the company for 68,157 shares. The New York-based Teton Advisors Inc. has invested 0.35% in the stock. Lbmc Investment Advisors Llc, a Tennessee-based fund reported 61,116 shares.#img1#

Since January 1, 0001, it had 1 buying transaction, and 1 sale for $123,582 activity.

The Gorman-Rupp Company (NYSE:GRC) Institutional Positions Chart

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