65,786 Shares in Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) Bought by JGP Global Gestao de Recursos Ltda.

JGP Global Gestao de Recursos Ltda. acquired a new stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 65,786 shares of the company's stock, valued at approximately $785,000. Loma Negra Compañía Industrial Argentina Sociedad Anónima makes up about 1.8% of JGP Global Gestao de Recursos Ltda.'s portfolio, making the stock its 11th biggest position. JGP Global Gestao de Recursos Ltda. owned approximately 0.06% of Loma Negra Compañía Industrial Argentina Sociedad Anónima at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in LOMA. Truist Financial Corp acquired a new position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima during the 2nd quarter valued at about $200,000. Glenorchy Capital Ltd boosted its position in Loma Negra Compañía Industrial Argentina Sociedad Anónima by 196.9% during the third quarter. Glenorchy Capital Ltd now owns 230,311 shares of the company's stock worth $1,856,000 after purchasing an additional 152,737 shares during the period. abrdn plc grew its holdings in Loma Negra Compañía Industrial Argentina Sociedad Anónima by 1.3% during the third quarter. abrdn plc now owns 1,250,500 shares of the company's stock valued at $10,079,000 after purchasing an additional 16,300 shares during the last quarter. BNP Paribas Financial Markets raised its position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 314,275.0% in the third quarter. BNP Paribas Financial Markets now owns 12,575 shares of the company's stock valued at $101,000 after purchasing an additional 12,571 shares during the period. Finally, Stifel Financial Corp acquired a new stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima in the third quarter worth $2,053,000. 19.32% of the stock is currently owned by institutional investors and hedge funds.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Stock Performance

Shares of NYSE LOMA traded up $0.51 during trading hours on Thursday, hitting $12.43. 421,612 shares of the stock were exchanged, compared to its average volume of 481,405. The firm has a market capitalization of $1.45 billion, a P/E ratio of 21.06 and a beta of 1.33. Loma Negra Compañía Industrial Argentina Sociedad Anónima has a one year low of $5.70 and a one year high of $13.79. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.29 and a quick ratio of 0.43. The company's 50 day moving average is $12.07 and its 200 day moving average is $9.54.

Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA - Get Free Report) last issued its quarterly earnings results on Wednesday, November 6th. The company reported $0.19 earnings per share (EPS) for the quarter. Loma Negra Compañía Industrial Argentina Sociedad Anónima had a return on equity of 8.60% and a net margin of 9.42%. The company had revenue of $192.07 million for the quarter. During the same period in the prior year, the business posted $0.21 earnings per share. On average, research analysts expect that Loma Negra Compañía Industrial Argentina Sociedad Anónima will post 1.25 EPS for the current year.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Company Profile

Loma Negra Compañía Industrial Argentina Sociedad Anónima, together with its subsidiaries, manufactures and sells cement and its derivatives in Argentina. The company operates through Cement, Masonry Cement and Lime; Concrete; Railroad; Aggregates; and Others segments. It offers masonry cement, aggregates, ready-mix concrete, concrete, and lime to wholesale distributors, concrete producers, industrial customers, and others for use in the construction.