Jump Financial LLC Purchases 49,865 Shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA)

Jump Financial LLC increased its stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA - Free Report) by 306.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 66,115 shares of the company's stock after purchasing an additional 49,865 shares during the quarter. Jump Financial LLC owned about 0.06% of Loma Negra Compañía Industrial Argentina Sociedad Anónima worth $789,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Virtu Financial LLC lifted its holdings in Loma Negra Compañía Industrial Argentina Sociedad Anónima by 21.5% in the third quarter. Virtu Financial LLC now owns 18,945 shares of the company's stock valued at $153,000 after buying an additional 3,355 shares during the period. SkyView Investment Advisors LLC bought a new position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima in the 3rd quarter worth $161,000. GAMMA Investing LLC grew its stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 126.5% during the fourth quarter. GAMMA Investing LLC now owns 4,455 shares of the company's stock worth $53,000 after purchasing an additional 2,488 shares during the period. Systrade AG bought a new stake in Loma Negra Compañía Industrial Argentina Sociedad Anónima in the fourth quarter valued at about $143,000. Finally, SG Americas Securities LLC acquired a new position in Loma Negra Compañía Industrial Argentina Sociedad Anónima in the fourth quarter valued at about $109,000. Institutional investors and hedge funds own 19.32% of the company's stock.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Trading Down 1.9 %

Shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima stock traded down $0.22 during trading hours on Friday, hitting $11.65. The company's stock had a trading volume of 203,002 shares, compared to its average volume of 526,631. The company has a market capitalization of $1.36 billion, a PE ratio of 19.74 and a beta of 1.03. 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 stock has a 50 day moving average of $10.75 and a 200 day moving average of $10.97. Loma Negra Compañía Industrial Argentina Sociedad Anónima has a 12 month low of $5.70 and a 12 month high of $13.79.

Wall Street Analysts Forecast Growth

Separately, Bank of America raised Loma Negra Compañía Industrial Argentina Sociedad Anónima from a "neutral" rating to a "buy" rating and upped their price target for the company from $11.50 to $14.00 in a research note on Wednesday.

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.