Loomis Sayles & Co. L P Increases Position in Cadre Holdings, Inc. (NYSE:CDRE)

Loomis Sayles & Co. L P boosted its holdings in Cadre Holdings, Inc. (NYSE:CDRE - Free Report) by 11.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,047,097 shares of the company's stock after acquiring an additional 106,366 shares during the period. Loomis Sayles & Co. L P owned 2.58% of Cadre worth $33,821,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in CDRE. Assetmark Inc. acquired a new stake in shares of Cadre in the fourth quarter valued at approximately $31,000. Harel Insurance Investments & Financial Services Ltd. grew its holdings in Cadre by 51.9% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 3,066 shares of the company's stock valued at $99,000 after buying an additional 1,048 shares during the last quarter. SG Americas Securities LLC acquired a new stake in shares of Cadre during the fourth quarter valued at $100,000. US Bancorp DE grew its holdings in shares of Cadre by 10.6% during the fourth quarter. US Bancorp DE now owns 4,178 shares of the company's stock worth $135,000 after buying an additional 400 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its position in Cadre by 1,451.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 4,251 shares of the company's stock worth $137,000 after acquiring an additional 3,977 shares during the last quarter. 43.95% of the stock is currently owned by hedge funds and other institutional investors.

Cadre Trading Down 0.2 %

Cadre stock traded down $0.05 during trading on Tuesday, hitting $29.57. The company's stock had a trading volume of 44,842 shares, compared to its average volume of 243,778. The stock's fifty day moving average is $34.68 and its 200 day moving average is $35.14. Cadre Holdings, Inc. has a 1-year low of $28.74 and a 1-year high of $40.28. The stock has a market capitalization of $1.20 billion, a price-to-earnings ratio of 35.67, a P/E/G ratio of 1.58 and a beta of 1.30. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.96 and a current ratio of 3.01.

Cadre (NYSE:CDRE - Get Free Report) last released its earnings results on Tuesday, March 11th. The company reported $0.32 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.48 by ($0.16). The company had revenue of $175.98 million during the quarter, compared to analysts' expectations of $170.95 million. Cadre had a net margin of 6.34% and a return on equity of 12.88%. Cadre's revenue for the quarter was up 41.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.25 earnings per share. As a group, equities research analysts predict that Cadre Holdings, Inc. will post 1.05 EPS for the current year.

Cadre Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, January 31st were given a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a yield of 1.29%. This is a boost from Cadre's previous quarterly dividend of $0.09. The ex-dividend date was Friday, January 31st. Cadre's payout ratio is 42.22%.

Insider Transactions at Cadre

In other news, CEO Warren B. Kanders sold 50,000 shares of the company's stock in a transaction dated Thursday, March 20th. The stock was sold at an average price of $31.88, for a total value of $1,594,000.00. Following the completion of the sale, the chief executive officer now owns 10,866,192 shares of the company's stock, valued at $346,414,200.96. This represents a 0.46 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 37.00% of the company's stock.

Cadre Profile

Cadre Holdings, Inc manufactures and distributes safety that provides protection to users in hazardous or life-threatening situations in the United States and internationally. The company operates in two segments, Products and Distribution. It offers body armor product, such as concealable, corrections, and tactical armor under the Safariland and Protech Tactical brand names; survival suits, remotely operated vehicles, specialty tools, blast sensors, accessories, and vehicle blast attenuation seats for bomb safety technicians; bomb suits; duty gear, including belts and accessories; and other protective equipment comprising communications gear, forensic and investigation products, firearms cleaning solutions, and crowd control products.