FNY Investment Advisers LLC Takes $449,000 Position in Garrett Motion (GTX)

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FNY Investment Advisers LLC bought a new position in Garrett Motion (NYSE:GTX) during the 3rd quarter, HoldingsChannel.com reports. The fund bought 24,328 shares of the company’s stock, valued at approximately $449,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Strs Ohio bought a new stake in Garrett Motion during the 3rd quarter valued at approximately $1,385,000. America First Investment Advisors LLC bought a new stake in Garrett Motion during the 3rd quarter valued at approximately $6,114,000. Finally, Massachusetts Financial Services Co. MA bought a new stake in Garrett Motion during the 3rd quarter valued at approximately $30,090,000. 0.55% of the stock is currently owned by institutional investors.

Garrett Motion stock opened at $14.80 on Tuesday. Garrett Motion has a fifty-two week low of $13.33 and a fifty-two week high of $22.00.

Several research firms have weighed in on GTX. Royal Bank of Canada began coverage on Garrett Motion in a research report on Monday, October 1st. They set an “underperform” rating and a $14.00 price objective on the stock. Bank of America began coverage on Garrett Motion in a research report on Tuesday, October 2nd. They set an “underperform” rating and a $15.00 price objective on the stock. Finally, Barclays began coverage on Garrett Motion in a research report on Tuesday, October 9th. They set an “equal weight” rating and a $16.00 price objective on the stock.

Garrett Motion Profile

There is no company description available for Garrett Motion Inc

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