Ducommun Incorporated (NYSE:DCO) Shares Purchased by Annex Advisory Services LLC

Annex Advisory Services LLC increased its stake in shares of Ducommun Incorporated (NYSE:DCO - Free Report) by 37.6% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 37,411 shares of the aerospace company's stock after acquiring an additional 10,228 shares during the period. Annex Advisory Services LLC owned approximately 0.25% of Ducommun worth $2,382,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. FMR LLC lifted its position in shares of Ducommun by 46.1% during the third quarter. FMR LLC now owns 44,331 shares of the aerospace company's stock worth $2,918,000 after purchasing an additional 13,989 shares in the last quarter. Wellington Management Group LLP purchased a new stake in Ducommun during the 3rd quarter worth $8,990,000. Barclays PLC lifted its holdings in Ducommun by 137.2% in the 3rd quarter. Barclays PLC now owns 53,382 shares of the aerospace company's stock worth $3,514,000 after buying an additional 30,873 shares in the last quarter. Jane Street Group LLC boosted its position in Ducommun by 140.4% in the 3rd quarter. Jane Street Group LLC now owns 34,655 shares of the aerospace company's stock valued at $2,281,000 after buying an additional 20,240 shares during the last quarter. Finally, RDST Capital LLC increased its stake in shares of Ducommun by 16.8% in the second quarter. RDST Capital LLC now owns 540,290 shares of the aerospace company's stock worth $31,369,000 after buying an additional 77,595 shares during the last quarter. Hedge funds and other institutional investors own 92.15% of the company's stock.

Ducommun Stock Performance

Ducommun stock traded down $0.39 during midday trading on Monday, reaching $68.30. 62,557 shares of the stock traded hands, compared to its average volume of 78,659. Ducommun Incorporated has a fifty-two week low of $47.53 and a fifty-two week high of $70.50. The company has a current ratio of 3.21, a quick ratio of 2.16 and a debt-to-equity ratio of 0.37. The firm has a market cap of $1.01 billion, a price-to-earnings ratio of 34.32 and a beta of 1.42. The firm has a fifty day moving average price of $64.86 and a two-hundred day moving average price of $63.75.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on DCO shares. StockNews.com upgraded Ducommun from a "buy" rating to a "strong-buy" rating in a research report on Tuesday, November 12th. Truist Financial boosted their target price on shares of Ducommun from $80.00 to $82.00 and gave the company a "buy" rating in a research note on Tuesday, January 14th. Finally, Royal Bank of Canada initiated coverage on shares of Ducommun in a report on Tuesday, December 31st. They set an "outperform" rating and a $72.00 target price on the stock. Four equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average price target of $76.50.

Insider Activity at Ducommun

In other Ducommun news, Director Robert C. Ducommun sold 1,000 shares of the stock in a transaction on Thursday, December 5th. The stock was sold at an average price of $69.50, for a total transaction of $69,500.00. Following the completion of the transaction, the director now directly owns 409,900 shares of the company's stock, valued at approximately $28,488,050. This trade represents a 0.24 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 8.80% of the company's stock.

Ducommun 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.