2 weeks Ago By ABMN Staff
Russell Investments Group Ltd. grew its holdings in shares of Cadre Holdings, Inc. ( NYSE:CDRE – Free Report ) by 20.
6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 91,949 shares of the company’s stock after purchasing an additional 15,697 shares during the period. Russell Investments Group Ltd.
owned approximately 0.23% of Cadre worth $2,970,000 as of its most recent filing with the Securities and Exchange Commission. Several other hedge funds also recently made changes to their positions in CDRE.
US Bancorp DE boosted its holdings in shares of Cadre by 10.6% during the fourth quarter. US Bancorp DE now owns 4,178 shares of the company’s stock worth $135,000 after purchasing an additional 400 shares during the period.
Truist Financial Corp lifted its position in Cadre by 5.8% in the 4th quarter. Truist Financial Corp now owns 11,277 shares of the company’s stock worth $364,000 after buying an additional 616 shares in the last quarter.
Assetmark Inc. acquired a new stake in shares of Cadre during the 4th quarter valued at $31,000. Harel Insurance Investments & Financial Services Ltd.
grew its holdings in shares of Cadre by 51.9% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd.
now owns 3,066 shares of the company’s stock valued at $99,000 after acquiring an additional 1,048 shares in the last quarter. Finally, Old West Investment Management LLC increased its stake in shares of Cadre by 0.5% in the fourth quarter.
Old West Investment Management LLC now owns 212,930 shares of the company’s stock worth $6,878,000 after acquiring an additional 1,077 shares during the last quarter. Institutional investors and hedge funds own 43.95% of the company’s stock.
Insider Buying and Selling In other Cadre news, CEO Warren B. Kanders sold 50,000 shares of the business’s stock in a transaction on Thursday, March 20th. The shares were sold at an average price of $31.
88, for a total value of $1,594,000.00. Following the sale, the chief executive officer now owns 10,866,192 shares of the company’s stock, valued at $346,414,200.
96. The trade was a 0.46 % decrease in their position.
The sale was disclosed in a filing with the SEC, which can be accessed through this link . 37.00% of the stock is owned by company insiders.
Cadre Stock Performance Cadre ( NYSE:CDRE – Get Free Report ) last posted its earnings results on Tuesday, March 11th. The company reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.
48 by ($0.16). Cadre had a net margin of 6.
34% and a return on equity of 12.88%. The company had revenue of $175.
98 million for the quarter, compared to the consensus estimate of $170.95 million. During the same quarter last year, the business earned $0.
25 earnings per share. Cadre’s quarterly revenue was up 41.3% on a year-over-year basis.
Analysts predict that Cadre Holdings, Inc. will post 1.05 earnings per share for the current fiscal year.
Cadre Increases Dividend The business also recently announced a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, January 31st were paid a $0.095 dividend.
This represents a $0.38 annualized dividend and a dividend yield of 1.24%.
The ex-dividend date of this dividend was Friday, January 31st. This is a boost from Cadre’s previous quarterly dividend of $0.09.
Cadre’s dividend payout ratio (DPR) is presently 42.22%. Cadre Company Profile ( Free Report ) Cadre Holdings, Inc manufactures and distributes safety that provides protection to users in hazardous or life-threatening situations in the United States and internationally.
The company operates in two segments, Products and Distribution. It offers body armor product, such as concealable, corrections, and tactical armor under the Safariland and Protech Tactical brand names; survival suits, remotely operated vehicles, specialty tools, blast sensors, accessories, and vehicle blast attenuation seats for bomb safety technicians; bomb suits; duty gear, including belts and accessories; and other protective equipment comprising communications gear, forensic and investigation products, firearms cleaning solutions, and crowd control products. Recommended Stories Want to see what other hedge funds are holding CDRE? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Cadre Holdings, Inc. ( NYSE:CDRE – Free Report ). Receive News & Ratings for Cadre Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cadre and related companies with MarketBeat.
com's FREE daily email newsletter ..
