Advantage Alpha Capital Partners LP Invests $2.14 Million in Cadre Holdings, Inc. (NYSE:CDRE)

Advantage Alpha Capital Partners LP purchased a new stake in Cadre Holdings, Inc. (NYSE:CDRE - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 66,361 shares of the company's stock, valued at approximately $2,143,000. Advantage Alpha Capital Partners LP owned 0.16% of Cadre as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Assetmark Inc. bought a new stake in Cadre in the 4th quarter valued at about $31,000. Harel Insurance Investments & Financial Services Ltd. grew its stake in Cadre by 51.9% in the fourth 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 during the period. SG Americas Securities LLC bought a new stake in shares of Cadre during the fourth quarter valued at approximately $100,000. US Bancorp DE increased its stake in Cadre by 10.6% during the 4th quarter. US Bancorp DE now owns 4,178 shares of the company's stock valued at $135,000 after purchasing an additional 400 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its position in shares of Cadre by 1,451.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 4,251 shares of the company's stock worth $137,000 after acquiring an additional 3,977 shares in the last quarter. 43.95% of the stock is currently owned by institutional investors.

Cadre Stock Down 5.0 %

NYSE CDRE traded down $1.53 during trading hours on Friday, hitting $29.12. The company's stock had a trading volume of 281,902 shares, compared to its average volume of 244,299. The company has a market capitalization of $1.18 billion, a PE ratio of 35.08, a price-to-earnings-growth ratio of 1.58 and a beta of 1.30. The company has a current ratio of 3.01, a quick ratio of 1.96 and a debt-to-equity ratio of 0.65. Cadre Holdings, Inc. has a 52 week low of $29.06 and a 52 week high of $40.28. The company's 50-day simple moving average is $34.85 and its two-hundred day simple moving average is $35.17.

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Cadre (NYSE:CDRE - Get Free Report) last announced its earnings results on Tuesday, March 11th. The company reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.16). The company had revenue of $175.98 million for the quarter, compared to analysts' expectations of $170.95 million. Cadre had a net margin of 6.34% and a return on equity of 12.88%. The firm's quarterly revenue was up 41.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.25 EPS. Research analysts anticipate that Cadre Holdings, Inc. will post 1.05 EPS for the current fiscal year.

Cadre Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, January 31st were issued a $0.095 dividend. The ex-dividend date of this dividend was Friday, January 31st. This represents a $0.38 annualized dividend and a dividend yield of 1.31%. This is an increase from Cadre's previous quarterly dividend of $0.09. Cadre's dividend payout ratio is currently 42.22%.

Insider Activity at Cadre

In other Cadre news, CEO Warren B. Kanders sold 50,000 shares of the stock in a transaction dated 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 completion of the sale, the chief executive officer now owns 10,866,192 shares in the company, valued at approximately $346,414,200.96. This trade represents a 0.46 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 37.00% of the stock is owned by insiders.

Cadre Profile

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.