New York Life Investment Management LLC lessened its holdings in Ducommun Incorporated (NYSE:DCO – Free Report) by 19.1% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 8,757 shares of the aerospace company’s stock after selling 2,068 shares during the period. New York Life Investment Management LLC owned about 0.07% of Ducommun worth $479,000 at the end of the most recent reporting period.
Several other institutional investors have also recently made changes to their positions in the business. Truist Financial Corp lifted its stake in shares of Ducommun by 1.5% in the 1st quarter. Truist Financial Corp now owns 17,296 shares of the aerospace company’s stock worth $946,000 after purchasing an additional 258 shares during the period. Barclays PLC lifted its stake in shares of Ducommun by 16.0% in the 1st quarter. Barclays PLC now owns 22,009 shares of the aerospace company’s stock worth $1,205,000 after purchasing an additional 3,029 shares during the period. Mutual of America Capital Management LLC raised its stake in Ducommun by 22.0% during the 1st quarter. Mutual of America Capital Management LLC now owns 146,153 shares of the aerospace company’s stock worth $7,996,000 after acquiring an additional 26,382 shares during the period. Foundry Partners LLC raised its stake in Ducommun by 10.9% during the 1st quarter. Foundry Partners LLC now owns 113,830 shares of the aerospace company’s stock worth $6,228,000 after acquiring an additional 11,175 shares during the period. Finally, CM Wealth Advisors LLC bought a new stake in Ducommun during the 1st quarter worth approximately $1,543,000. Institutional investors own 83.22% of the company’s stock.
Ducommun Trading Down 2.0 %
Shares of DCO opened at $44.15 on Wednesday. The company has a debt-to-equity ratio of 0.44, a current ratio of 3.16 and a quick ratio of 1.94. Ducommun Incorporated has a 1 year low of $38.89 and a 1 year high of $58.28. The company has a 50 day simple moving average of $45.81 and a two-hundred day simple moving average of $49.35. The firm has a market cap of $643.27 million, a P/E ratio of 22.88 and a beta of 1.35.
Analyst Ratings Changes
View Our Latest Stock Report on Ducommun
About Ducommun
Ducommun Incorporated provides engineering and manufacturing products and services primarily to the aerospace and defense, industrial, medical, and other industries in the United States. The company operates through two segments, Electronic Systems and Structural Systems. The Electronic Systems segment provides cable assemblies and interconnect systems; printed circuit board assemblies; higher-level electronic, electromechanical, and mechanical components and assemblies, as well as lightning diversion systems; and radar enclosures, aircraft avionics racks, shipboard communications and control enclosures, printed circuit board assemblies, cable assemblies, wire harnesses, interconnect systems, lightning diversion strips, surge suppressors, conformal shields, and other assemblies.
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