Greywolf Capital Management Lp Lowers stake in EnPro Industries (NPO)

EnPro Industries (NPO) : Greywolf Capital Management Lp reduced its stake in EnPro Industries by 12.55% during the most recent quarter end. The investment management company now holds a total of 1,353,329 shares of EnPro Industries which is valued at $70,562,574 after selling 194,219 shares in EnPro Industries , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.EnPro Industries makes up approximately 46.70% of Greywolf Capital Management Lp’s portfolio.

Other Hedge Funds, Including , Price T Rowe Associates Inc Md boosted its stake in NPO in the latest quarter, The investment management firm added 3,100 additional shares and now holds a total of 43,278 shares of EnPro Industries which is valued at $2,256,515.Brown Advisory Inc reduced its stake in NPO by selling 59,680 shares or 9.81% in the most recent quarter. The Hedge Fund company now holds 548,900 shares of NPO which is valued at $27,719,450. EnPro Industries makes up approx 0.09% of Brown Advisory Inc’s portfolio.Teacher Retirement System Of Texas boosted its stake in NPO in the latest quarter, The investment management firm added 377 additional shares and now holds a total of 3,063 shares of EnPro Industries which is valued at $154,682.Chartwell Investment Partners boosted its stake in NPO in the latest quarter, The investment management firm added 150 additional shares and now holds a total of 235,373 shares of EnPro Industries which is valued at $11,742,759. EnPro Industries makes up approx 0.20% of Chartwell Investment Partners’s portfolio.Great West Life Assurance Co Can boosted its stake in NPO in the latest quarter, The investment management firm added 26,134 additional shares and now holds a total of 27,866 shares of EnPro Industries which is valued at $1,407,233.

EnPro Industries opened for trading at $54.03 and hit $54.6058 on the upside on Thursday, eventually ending the session at $54.2, with a gain of 0.56% or 0.3 points. The heightened volatility saw the trading volume jump to 1,25,465 shares. Company has a market cap of $1,166 M.

On the company’s financial health, EnPro Industries reported $-0.01 EPS for the quarter, missing the analyst consensus estimate by $ -0.42 based on the information available during the earnings call on May 5, 2016. Analyst had a consensus of $0.41. The company had revenue of $294.90 million for the quarter, compared to analysts expectations of $293.25 million. The company’s revenue was up 6.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.04 EPS.

EnPro Industries Inc. (EnPro) is engaged in the designing developing manufacturing and marketing engineered industrial products. The Company operates in three segments: Sealing Products segment Engineered Products segment and Power Systems segment. Its Sealing Products segment designs manufactures and sells sealing products. Engineered Products Segment includes its bearings aluminum blocks for hydraulic applications and reciprocating compressor components. Its Engineered Products segment includes operations that design manufacture and sell self-lubricating non-rolling metal-polymer and solid polymer and filament wound bearing products among others. Its Power Systems segment designs manufactures sells and services heavy-duty medium-speed diesel natural gas and dual fuel reciprocating engines. It has approximately 63 primary manufacturing facilities located in 13 countries including the United States.

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