64,769 Shares in Cadre Holdings, Inc. (NYSE:CDRE) Acquired by ExodusPoint Capital Management LP

ExodusPoint Capital Management LP bought a new position in Cadre Holdings, Inc. (NYSE:CDRE - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 64,769 shares of the company's stock, valued at approximately $2,092,000. ExodusPoint Capital Management LP owned about 0.16% of Cadre at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. WCM Investment Management LLC purchased a new stake in shares of Cadre in the 4th quarter worth about $12,420,000. Raymond James Financial Inc. purchased a new stake in Cadre in the fourth quarter worth about $8,179,000. Catawba River Capital raised its position in shares of Cadre by 51.5% in the 4th quarter. Catawba River Capital now owns 455,824 shares of the company's stock worth $14,723,000 after acquiring an additional 154,986 shares in the last quarter. Loomis Sayles & Co. L P grew its stake in Cadre by 11.3% in the fourth quarter. Loomis Sayles & Co. L P now owns 1,047,097 shares of the company's stock worth $33,821,000 after purchasing an additional 106,366 shares during the period. Finally, Brown University purchased a new position in shares of Cadre in the 4th quarter worth about $3,256,000. Hedge funds and other institutional investors own 43.95% of the company's stock.

Cadre Stock Up 0.2 %

Cadre stock traded up $0.05 during trading hours on Monday, hitting $30.82. The stock had a trading volume of 13,791 shares, compared to its average volume of 239,197. The stock's 50-day moving average price is $32.62 and its 200-day moving average price is $34.58. The company has a quick ratio of 1.96, a current ratio of 3.01 and a debt-to-equity ratio of 0.65. Cadre Holdings, Inc. has a 12-month low of $27.07 and a 12-month high of $40.28. The stock has a market capitalization of $1.25 billion, a P/E ratio of 37.13, a price-to-earnings-growth ratio of 1.58 and a beta of 1.33.

Cadre (NYSE:CDRE - Get Free Report) last released its quarterly earnings data on Tuesday, March 11th. The company reported $0.32 EPS for the quarter, missing the consensus estimate of $0.48 by ($0.16). The business had revenue of $175.98 million during the quarter, compared to the consensus estimate of $170.95 million. Cadre had a return on equity of 12.88% and a net margin of 6.34%. Cadre's quarterly revenue was up 41.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.25 earnings per share. Equities 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. Shareholders of record on Friday, January 31st were given a $0.095 dividend. This represents a $0.38 annualized dividend and a yield of 1.23%. This is a boost from Cadre's previous quarterly dividend of $0.09. The ex-dividend date was Friday, January 31st. Cadre's dividend payout ratio (DPR) is presently 42.22%.

Insider Transactions at Cadre

In other Cadre news, CEO Warren B. Kanders sold 50,000 shares of Cadre stock in a transaction that occurred on Thursday, March 20th. The shares were sold at an average price of $31.88, for a total transaction of $1,594,000.00. Following the transaction, the chief executive officer now owns 10,866,192 shares of the company's stock, valued at $346,414,200.96. The trade was a 0.46 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 37.00% of the company's stock.

About Cadre

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.