Deprince Race & Zollo Inc. Increases Position in Hurco Companies, Inc. (HURC)

Deprince Race & Zollo Inc. increased its position in shares of Hurco Companies, Inc. (NASDAQ:HURC) by 2.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 263,219 shares of the scientific and technical instruments company’s stock after buying an additional 7,453 shares during the period. Deprince Race & Zollo Inc. owned about 3.97% of Hurco Companies worth $9,147,000 at the end of the most recent reporting period.

Separately, Algert Global LLC acquired a new stake in shares of Hurco Companies during the second quarter worth approximately $429,000. 76.24% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Hurco Companies, Inc. (NASDAQ:HURC) opened at 34.30 on Friday. Hurco Companies, Inc. has a 12 month low of $24.80 and a 12 month high of $36.10. The stock has a 50 day moving average of $34.17 and a 200-day moving average of $30.83. The company has a market cap of $227.20 million, a price-to-earnings ratio of 22.57 and a beta of 0.51.

Hurco Companies (NASDAQ:HURC) last issued its quarterly earnings data on Friday, June 2nd. The scientific and technical instruments company reported $0.54 earnings per share for the quarter. Hurco Companies had a return on equity of 5.49% and a net margin of 4.54%. The business had revenue of $58.22 million for the quarter. On average, analysts forecast that Hurco Companies, Inc. will post $2.11 EPS for the current year.

ILLEGAL ACTIVITY NOTICE: “[[title]]” was published by [[site]] and is owned by of [[site]]. If you are reading this story on another domain, it was copied illegally and republished in violation of United States & international trademark & copyright legislation. The legal version of this story can be accessed at [[permalink]].

About Hurco Companies

Hurco Companies, Inc is an industrial technology company. The Company designs, manufactures and sells computerized (Computer Numeric Control (CNC)) machine tools, consisting primarily of vertical machining centers (mills) and turning centers (lathes), to companies in the metal cutting industry. It operates in the industrial automation equipment segment.

Want to see what other hedge funds are holding HURC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hurco Companies, Inc. (NASDAQ:HURC).