Kennedy Capital Management LLC Has $17.41 Million Stock Position in Ducommun Incorporated (NYSE:DCO)

Kennedy Capital Management LLC raised its stake in Ducommun Incorporated (NYSE:DCO - Free Report) by 60.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 273,517 shares of the aerospace company's stock after purchasing an additional 103,570 shares during the quarter. Kennedy Capital Management LLC owned about 1.85% of Ducommun worth $17,412,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of DCO. PNC Financial Services Group Inc. increased its position in shares of Ducommun by 12.8% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,298 shares of the aerospace company's stock worth $146,000 after acquiring an additional 261 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of Ducommun by 1.1% in the 4th quarter. Bank of New York Mellon Corp now owns 40,454 shares of the aerospace company's stock valued at $2,575,000 after purchasing an additional 430 shares in the last quarter. US Bancorp DE increased its holdings in shares of Ducommun by 49.9% in the 4th quarter. US Bancorp DE now owns 1,327 shares of the aerospace company's stock valued at $84,000 after acquiring an additional 442 shares during the last quarter. Central Pacific Bank Trust Division acquired a new stake in shares of Ducommun during the fourth quarter worth $32,000. Finally, Venturi Wealth Management LLC lifted its holdings in Ducommun by 833.3% in the fourth quarter. Venturi Wealth Management LLC now owns 728 shares of the aerospace company's stock worth $46,000 after acquiring an additional 650 shares during the last quarter. Institutional investors and hedge funds own 92.15% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have commented on DCO shares. StockNews.com upgraded shares of Ducommun from a "buy" rating to a "strong-buy" rating in a research note on Thursday, March 27th. Truist Financial upped their price target on Ducommun from $80.00 to $82.00 and gave the company a "buy" rating in a report on Tuesday, January 14th. Finally, Royal Bank of Canada initiated coverage on Ducommun in a research report on Tuesday, December 31st. They issued an "outperform" rating and a $72.00 price target for the company.

Ducommun Stock Up 0.4 %

Shares of DCO stock traded up $0.23 on Tuesday, reaching $56.63. 13,655 shares of the company's stock traded hands, compared to its average volume of 77,551. The business's 50 day moving average price is $59.49 and its two-hundred day moving average price is $63.08. The company has a market capitalization of $841.69 million, a P/E ratio of 28.46 and a beta of 1.27. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.16 and a current ratio of 3.21. Ducommun Incorporated has a 12-month low of $51.39 and a 12-month high of $70.50.

Ducommun Profile

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.