1 week Ago By Defense World Staff
Geode Capital Management LLC increased its stake in shares of DMC Global Inc. (NASDAQ:BOOM – Free Report) by 0.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC.
The institutional investor owned 445,566 shares of the industrial products company’s stock after buying an additional 2,339 shares during the quarter. Geode Capital Management LLC owned about 2.22% of DMC Global worth $3,276,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently added to or reduced their stakes in the stock. Victory Capital Management Inc. lifted its position in DMC Global by 7.
4% during the fourth quarter. Victory Capital Management Inc. now owns 23,871 shares of the industrial products company’s stock worth $175,000 after buying an additional 1,654 shares in the last quarter.
AlphaQuest LLC lifted its position in DMC Global by 27.9% during the fourth quarter. AlphaQuest LLC now owns 8,594 shares of the industrial products company’s stock worth $63,000 after buying an additional 1,876 shares in the last quarter.
Empowered Funds LLC lifted its position in DMC Global by 5.0% during the fourth quarter. Empowered Funds LLC now owns 95,590 shares of the industrial products company’s stock worth $703,000 after buying an additional 4,579 shares in the last quarter.
Lakewood Asset Management LLC lifted its position in DMC Global by 40.8% during the fourth quarter. Lakewood Asset Management LLC now owns 22,257 shares of the industrial products company’s stock worth $164,000 after buying an additional 6,450 shares in the last quarter.
Finally, Quantbot Technologies LP purchased a new stake in DMC Global in the fourth quarter valued at $50,000. Hedge funds and other institutional investors own 77.63% of the company’s stock.
DMC Global Price PerformanceNASDAQ:BOOM opened at $6.82 on Monday. DMC Global Inc.
has a 52 week low of $6.02 and a 52 week high of $16.81.
The company has a quick ratio of 1.09, a current ratio of 2.37 and a debt-to-equity ratio of 0.
28. The company has a market capitalization of $140.16 million, a P/E ratio of -0.
86 and a beta of 1.41. The stock’s fifty day moving average is $7.
73 and its two-hundred day moving average is $8.22. DMC Global (NASDAQ:BOOM – Get Free Report) last issued its quarterly earnings data on Monday, February 24th.
The industrial products company reported $0.09 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.29) by $0.
38. DMC Global had a positive return on equity of 1.45% and a negative net margin of 14.
23%. The business had revenue of $152.37 million during the quarter, compared to analysts’ expectations of $140.
50 million. Equities analysts expect that DMC Global Inc. will post -0.
23 EPS for the current year. Analyst Ratings ChangesA number of equities research analysts have commented on the company. StockNews.
com upgraded DMC Global from a “sell” rating to a “hold” rating in a research report on Wednesday, February 26th. Stifel Nicolaus reduced their target price on DMC Global from $9.50 to $9.
00 and set a “hold” rating on the stock in a research report on Tuesday, April 15th.View Our Latest Report on DMC GlobalDMC Global Profile (Free Report)DMC Global Inc provides a suite of engineered products and various solutions for the construction, energy, industrial processing, and transportation markets worldwide. The company operates through three segments: Arcadia, DynaEnergetics, and NobelClad.
The Arcadia segment manufactures, assembles, and sells architectural building products, including exterior and interior framing systems, curtain walls, windows, doors, and interior partitions; architectural components, architectural framing systems, entrance systems, and sun control products; sliding and glazing systems; and thermally broken steel, aluminum windows and doors, and wood doors and windows.Recommended StoriesFive stocks we like better than DMC GlobalIndustrial Products Stocks Investing Texas Instruments: Earnings Beat, Upbeat Guidance Fuel Recovery3 Stocks to Protect Your Portfolio from the Coronavirus Contagion O’Reilly Automotive: An Anytime Buy for Buy-and-Hold InvestorsRussell 2000 Index, How Investors Use it For Profitable TradingChipotle Mexican Grill Serves Smoking Hot Entry Point in Q2Want to see what other hedge funds are holding BOOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DMC Global Inc.
(NASDAQ:BOOM – Free Report)..
