Natixis Advisors LLC Makes New Investment in Cadre Holdings, Inc. (NYSE:CDRE)

Natixis Advisors LLC acquired a new stake in shares of Cadre Holdings, Inc. (NYSE:CDRE - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 12,058 shares of the company's stock, valued at approximately $389,000.

A number of other large investors also recently modified their holdings of the company. Assetmark Inc. bought a new position in shares of Cadre during the fourth quarter worth $31,000. Harel Insurance Investments & Financial Services Ltd. boosted its holdings in shares of 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 purchasing an additional 1,048 shares during the last quarter. SG Americas Securities LLC purchased a new position in shares of Cadre during the fourth quarter valued at about $100,000. US Bancorp DE increased its holdings in shares of Cadre by 10.6% in the fourth quarter. US Bancorp DE now owns 4,178 shares of the company's stock worth $135,000 after purchasing an additional 400 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its holdings in shares of Cadre by 1,451.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 4,251 shares of the company's stock worth $137,000 after purchasing an additional 3,977 shares during the last quarter. Hedge funds and other institutional investors own 43.95% of the company's stock.

Cadre Price Performance

Cadre stock traded up $0.61 during midday trading on Monday, reaching $29.69. 308,634 shares of the stock traded hands, compared to its average volume of 244,555. The stock has a market cap of $1.21 billion, a P/E ratio of 35.77, a PEG ratio of 1.58 and a beta of 1.30. The stock's fifty day moving average is $34.68 and its 200-day moving average is $35.14. The company has a quick ratio of 1.96, a current ratio of 3.01 and a debt-to-equity ratio of 0.65. Cadre Holdings, Inc. has a 12 month low of $28.78 and a 12 month high of $40.28.

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

Cadre Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, January 31st were paid a $0.095 dividend. This is a boost from Cadre's previous quarterly dividend of $0.09. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.28%. The ex-dividend date was Friday, January 31st. Cadre's dividend payout ratio (DPR) is presently 42.22%.

Insider Transactions at Cadre

In other Cadre news, CEO Warren B. Kanders sold 50,000 shares of the firm's stock in a transaction dated Thursday, March 20th. The shares were 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 trade represents a 0.46 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 37.00% of the company's stock.

About Cadre

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.