JPMorgan Chase & Co. Cuts Stock Position in Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA)

JPMorgan Chase & Co. lessened its holdings in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA - Free Report) by 65.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 28,254 shares of the company's stock after selling 53,370 shares during the quarter. JPMorgan Chase & Co.'s holdings in Loma Negra Compañía Industrial Argentina Sociedad Anónima were worth $228,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of LOMA. SkyView Investment Advisors LLC purchased a new position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima in the third quarter worth about $161,000. Virtu Financial LLC lifted its stake in Loma Negra Compañía Industrial Argentina Sociedad Anónima by 21.5% in the 3rd quarter. Virtu Financial LLC now owns 18,945 shares of the company's stock worth $153,000 after purchasing an additional 3,355 shares in the last quarter. TT International Asset Management LTD acquired a new position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima during the 3rd quarter worth approximately $386,000. Stifel Financial Corp purchased a new stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima in the third quarter valued at approximately $2,053,000. Finally, BNP Paribas Financial Markets increased its holdings 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 last quarter. Hedge funds and other institutional investors own 19.32% of the company's stock.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Trading Up 1.9 %

NYSE:LOMA traded up $0.22 during trading hours on Tuesday, hitting $12.11. The company had a trading volume of 341,809 shares, compared to its average volume of 494,609. Loma Negra Compañía Industrial Argentina Sociedad Anónima has a 1 year low of $5.70 and a 1 year high of $13.79. The company has a current ratio of 1.29, a quick ratio of 0.43 and a debt-to-equity ratio of 0.19. The company has a 50-day moving average of $12.06 and a 200 day moving average of $9.53. The company has a market cap of $1.41 billion, a P/E ratio of 20.53 and a beta of 1.33.

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

About Loma Negra Compañía Industrial Argentina Sociedad Anónima

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.