JPMorgan Chase & Co. Has $973,000 Position in DMC Global Inc. (NASDAQ:BOOM)

JPMorgan Chase & Co. lifted its holdings in DMC Global Inc. (NASDAQ:BOOM - Free Report) by 39.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 132,422 shares of the industrial products company's stock after purchasing an additional 37,217 shares during the quarter. JPMorgan Chase & Co. owned about 0.66% of DMC Global worth $973,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of BOOM. Cooke & Bieler LP raised its holdings in shares of DMC Global by 3.1% during the fourth quarter. Cooke & Bieler LP now owns 1,753,419 shares of the industrial products company's stock worth $12,888,000 after acquiring an additional 53,478 shares during the period. Hunter Associates Investment Management LLC lifted its holdings in shares of DMC Global by 19.1% in the fourth quarter. Hunter Associates Investment Management LLC now owns 419,643 shares of the industrial products company's stock valued at $3,078,000 after purchasing an additional 67,410 shares in the last quarter. State Street Corp boosted its position in shares of DMC Global by 2.7% during the third quarter. State Street Corp now owns 402,644 shares of the industrial products company's stock worth $5,226,000 after buying an additional 10,561 shares during the period. American Century Companies Inc. grew its holdings in shares of DMC Global by 44.9% during the fourth quarter. American Century Companies Inc. now owns 140,979 shares of the industrial products company's stock worth $1,036,000 after buying an additional 43,671 shares in the last quarter. Finally, Empowered Funds LLC raised its position in DMC Global by 5.0% in the 4th quarter. Empowered Funds LLC now owns 95,590 shares of the industrial products company's stock valued at $703,000 after buying an additional 4,579 shares during the last quarter. 77.63% of the stock is owned by institutional investors.

DMC Global Trading Up 3.3 %

Shares of NASDAQ:BOOM opened at $6.82 on Monday. DMC Global Inc. has a 52-week low of $6.02 and a 52-week high of $16.81. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.09 and a current ratio of 2.37. The company has a market capitalization of $140.16 million, a P/E ratio of -0.86 and a beta of 1.41. The company has a 50-day simple moving average of $7.73 and a 200 day simple moving average of $8.22.

DMC Global (NASDAQ:BOOM - Get Free Report) last issued its earnings results on Monday, February 24th. The industrial products company reported $0.09 EPS for the quarter, topping the consensus estimate of ($0.29) by $0.38. DMC Global had a positive return on equity of 1.45% and a negative net margin of 14.23%. The company had revenue of $152.37 million during the quarter, compared to the consensus estimate of $140.50 million. Sell-side analysts forecast that DMC Global Inc. will post -0.23 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms have recently issued reports on BOOM. Stifel Nicolaus lowered their price objective on shares of DMC Global from $9.50 to $9.00 and set a "hold" rating on the stock in a report on Tuesday, April 15th. StockNews.com raised shares of DMC Global from a "sell" rating to a "hold" rating in a research report on Wednesday, February 26th.

DMC Global Profile

DMC Global Inc provides a suite of engineered products and various solutions for the construction, energy, industrial processing, and transportation markets worldwide. The company operates through three segments: Arcadia, DynaEnergetics, and NobelClad. The Arcadia segment manufactures, assembles, and sells architectural building products, including exterior and interior framing systems, curtain walls, windows, doors, and interior partitions; architectural components, architectural framing systems, entrance systems, and sun control products; sliding and glazing systems; and thermally broken steel, aluminum windows and doors, and wood doors and windows.

Want to see what other hedge funds are holding BOOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DMC Global Inc. (NASDAQ:BOOM - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.