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Gabelli-led investors increase stake in Hydril to 7.3%
By Lisa Kerner
Charlotte, N.C., March 27 - A group of Hydril Corp. investors led by Gabelli Funds, LLC and Gamco Asset Management Inc. purchased 270,200 shares of the company's stock between March 13 and March 26 priced from $95.94 to $96.24 per share.
The investors beneficially own 1,329,521 shares, or 7.3%, of Hydril's shares.
On March 13, the same investors reported a 5.81% stake in the Houston-based company, which manufactures pressure control products used in oil and gas drilling.
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