Gibson Capital LLC Invests $6.76 Million in Ducommun Incorporated (NYSE:DCO)

Gibson Capital LLC bought a new position in Ducommun Incorporated (NYSE:DCO - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 106,229 shares of the aerospace company's stock, valued at approximately $6,763,000. Ducommun accounts for 1.4% of Gibson Capital LLC's investment portfolio, making the stock its 7th largest holding. Gibson Capital LLC owned approximately 0.72% of Ducommun as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in DCO. Central Pacific Bank Trust Division bought a new stake in shares of Ducommun in the fourth quarter worth $32,000. Venturi Wealth Management LLC boosted its stake in shares of Ducommun by 833.3% during the 4th quarter. Venturi Wealth Management LLC now owns 728 shares of the aerospace company's stock worth $46,000 after buying an additional 650 shares during the last quarter. Point72 DIFC Ltd increased its position in shares of Ducommun by 591.2% in the third quarter. Point72 DIFC Ltd now owns 788 shares of the aerospace company's stock valued at $52,000 after acquiring an additional 674 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new stake in Ducommun during the third quarter worth about $80,000. Finally, US Bancorp DE grew its stake in Ducommun by 49.9% in the fourth quarter. US Bancorp DE now owns 1,327 shares of the aerospace company's stock valued at $84,000 after purchasing an additional 442 shares in the last quarter. Institutional investors own 92.15% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on DCO shares. Truist Financial increased their price objective on Ducommun from $80.00 to $82.00 and gave the company a "buy" rating in a report on Tuesday, January 14th. Royal Bank of Canada began coverage on shares of Ducommun in a research report on Tuesday, December 31st. They issued an "outperform" rating and a $72.00 price objective for the company. Finally, StockNews.com upgraded shares of Ducommun from a "buy" rating to a "strong-buy" rating in a research note on Thursday, March 27th.

Ducommun Stock Performance

Shares of DCO stock traded down $1.54 during trading on Friday, reaching $54.42. 90,121 shares of the company's stock were exchanged, compared to its average volume of 81,464. Ducommun Incorporated has a twelve month low of $51.39 and a twelve month high of $70.50. The firm's fifty day moving average price is $61.56 and its 200-day moving average price is $63.62. The company has a quick ratio of 2.16, a current ratio of 3.21 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of $808.79 million, a PE ratio of 27.34 and a beta of 1.27.

Ducommun Company Profile

Ducommun Incorporated provides engineering and manufacturing services for products and applications used primarily in 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; 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.