Integrated Quantitative Investments LLC Purchases Shares of 4,924 Ducommun Incorporated (NYSE:DCO)

Integrated Quantitative Investments LLC purchased a new position in Ducommun Incorporated (NYSE:DCO - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 4,924 shares of the aerospace company's stock, valued at approximately $313,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Central Pacific Bank Trust Division acquired a new stake in Ducommun in the fourth quarter worth $32,000. Venturi Wealth Management LLC grew its position in shares of Ducommun by 833.3% during the fourth quarter. Venturi Wealth Management LLC now owns 728 shares of the aerospace company's stock worth $46,000 after acquiring an additional 650 shares during the last quarter. Point72 DIFC Ltd increased its holdings in shares of Ducommun by 591.2% in the 3rd quarter. Point72 DIFC Ltd now owns 788 shares of the aerospace company's stock worth $52,000 after acquiring an additional 674 shares during the period. Point72 Asia Singapore Pte. Ltd. bought a new stake in Ducommun in the 3rd quarter valued at about $80,000. Finally, US Bancorp DE lifted its position in Ducommun by 49.9% in the 4th 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 during the last quarter. Institutional investors and hedge funds own 92.15% of the company's stock.

Ducommun Price Performance

Shares of DCO traded up $0.29 during midday trading on Friday, reaching $55.52. The stock had a trading volume of 59,159 shares, compared to its average volume of 77,991. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.21 and a quick ratio of 2.16. The company has a market capitalization of $825.21 million, a P/E ratio of 27.90 and a beta of 1.27. The firm's 50 day moving average price is $59.73 and its 200-day moving average price is $63.15. Ducommun Incorporated has a 52 week low of $51.39 and a 52 week high of $70.50.

Analyst Upgrades and Downgrades

DCO has been the topic of several analyst reports. Truist Financial raised their price target 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. StockNews.com upgraded Ducommun from a "buy" rating to a "strong-buy" rating in a research report on Thursday, March 27th. Finally, Royal Bank of Canada began coverage on shares of Ducommun in a research note on Tuesday, December 31st. They set an "outperform" rating and a $72.00 target price on the stock.

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.