Jump Financial LLC lifted its stake in shares of Ducommun Incorporated (NYSE:DCO - Free Report) by 206.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 17,789 shares of the aerospace company's stock after purchasing an additional 11,978 shares during the period. Jump Financial LLC owned about 0.12% of Ducommun worth $1,132,000 as of its most recent filing with the SEC.
Other hedge funds have also bought and sold shares of the company. Sterling Capital Management LLC grew its position in shares of Ducommun by 804.2% in the 4th quarter. Sterling Capital Management LLC now owns 434 shares of the aerospace company's stock worth $28,000 after acquiring an additional 386 shares in the last quarter. Central Pacific Bank Trust Division bought a new position in shares of Ducommun in the 4th quarter worth about $32,000. Venturi Wealth Management LLC grew its position in shares of Ducommun by 833.3% during the 4th quarter. Venturi Wealth Management LLC now owns 728 shares of the aerospace company's stock valued at $46,000 after buying an additional 650 shares during the last quarter. US Bancorp DE grew its position in shares of Ducommun by 49.9% during the 4th quarter. US Bancorp DE now owns 1,327 shares of the aerospace company's stock valued at $84,000 after buying an additional 442 shares during the last quarter. Finally, R Squared Ltd bought a new position in Ducommun in the fourth quarter worth about $87,000. 92.15% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
DCO has been the topic of several analyst reports. StockNews.com lowered Ducommun from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, April 15th. Truist Financial cut their price objective on shares of Ducommun from $82.00 to $70.00 and set a "buy" rating on the stock in a research note on Thursday, April 17th. Finally, Royal Bank of Canada initiated 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.
Check Out Our Latest Stock Analysis on DCO
Ducommun Price Performance
Shares of DCO traded up $0.77 during mid-day trading on Friday, hitting $57.11. The company's stock had a trading volume of 20,022 shares, compared to its average volume of 76,497. Ducommun Incorporated has a fifty-two week low of $51.76 and a fifty-two week high of $70.50. The stock has a market capitalization of $848.83 million, a price-to-earnings ratio of 28.60 and a beta of 1.27. The firm has a 50-day moving average price of $58.06 and a 200 day moving average price of $62.60. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.21 and a quick ratio of 2.16.
Ducommun Profile
(
Free Report)
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.
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