10,350 Shares in Ducommun Incorporated (NYSE:DCO) Bought by ExodusPoint Capital Management LP

ExodusPoint Capital Management LP bought a new stake in Ducommun Incorporated (NYSE:DCO - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm bought 10,350 shares of the aerospace company's stock, valued at approximately $659,000. ExodusPoint Capital Management LP owned 0.07% of Ducommun as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in DCO. Trexquant Investment LP boosted its position in shares of Ducommun by 539.1% during the 4th quarter. Trexquant Investment LP now owns 39,762 shares of the aerospace company's stock worth $2,531,000 after acquiring an additional 33,540 shares in the last quarter. Gibson Capital LLC acquired a new stake in shares of Ducommun in the 4th quarter valued at $6,763,000. Wellington Management Group LLP increased its stake in shares of Ducommun by 41.9% in the 4th quarter. Wellington Management Group LLP now owns 193,741 shares of the aerospace company's stock valued at $12,334,000 after purchasing an additional 57,172 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of Ducommun by 1,151.0% in the 4th quarter. JPMorgan Chase & Co. now owns 75,509 shares of the aerospace company's stock valued at $4,807,000 after purchasing an additional 69,473 shares during the last quarter. Finally, KLP Kapitalforvaltning AS acquired a new position in shares of Ducommun during the 4th quarter worth $146,000. 92.15% of the stock is currently owned by institutional investors and hedge funds.

Ducommun Trading Up 0.3 %

Ducommun stock traded up $0.15 during trading hours on Thursday, hitting $56.56. The stock had a trading volume of 16,728 shares, compared to its average volume of 76,986. The stock has a market cap of $840.65 million, a price-to-earnings ratio of 28.37 and a beta of 1.27. 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 business's 50 day simple moving average is $59.09 and its 200-day simple moving average is $62.99. Ducommun Incorporated has a one year low of $51.39 and a one year high of $70.50.

Wall Street Analyst Weigh In

Several research firms recently weighed in on DCO. Truist Financial reduced their price objective on Ducommun from $82.00 to $70.00 and set a "buy" rating on the stock in a research note on Thursday. StockNews.com downgraded shares of Ducommun from a "strong-buy" rating to a "buy" rating in a research note on Tuesday. Finally, Royal Bank of Canada initiated coverage on shares of Ducommun in a research report on Tuesday, December 31st. They set an "outperform" rating and a $72.00 price objective for the company.

About Ducommun

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.