AQR Capital Management LLC Has $2.03 Million Stake in Core Molding Technologies, Inc. (NYSEAMERICAN:CMT)

AQR Capital Management LLC lessened its position in Core Molding Technologies, Inc. (NYSEAMERICAN:CMT - Free Report) by 37.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 127,619 shares of the industrial products company's stock after selling 76,123 shares during the quarter. AQR Capital Management LLC owned about 1.46% of Core Molding Technologies worth $2,034,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Ashton Thomas Private Wealth LLC bought a new stake in shares of Core Molding Technologies in the second quarter valued at about $27,000. LSV Asset Management bought a new stake in shares of Core Molding Technologies during the second quarter valued at approximately $36,000. Public Employees Retirement System of Ohio acquired a new position in shares of Core Molding Technologies in the first quarter valued at $155,000. Rhumbline Advisers lifted its position in Core Molding Technologies by 8.4% in the second quarter. Rhumbline Advisers now owns 11,174 shares of the industrial products company's stock worth $178,000 after purchasing an additional 866 shares during the period. Finally, BNP Paribas Financial Markets boosted its stake in Core Molding Technologies by 4.9% during the first quarter. BNP Paribas Financial Markets now owns 12,593 shares of the industrial products company's stock worth $238,000 after buying an additional 593 shares in the last quarter. Institutional investors and hedge funds own 58.79% of the company's stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Core Molding Technologies from a "buy" rating to a "strong-buy" rating in a research report on Monday, July 29th.

Insider Buying and Selling at Core Molding Technologies

In other news, CEO David L. Duvall sold 11,000 shares of the company's stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of $17.94, for a total transaction of $197,340.00. Following the completion of the sale, the chief executive officer now owns 376,377 shares of the company's stock, valued at approximately $6,752,203.38. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, CEO David L. Duvall sold 11,000 shares of the firm's stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of $17.94, for a total value of $197,340.00. Following the sale, the chief executive officer now directly owns 376,377 shares in the company, valued at approximately $6,752,203.38. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO David L. Duvall sold 20,000 shares of Core Molding Technologies stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of $18.29, for a total transaction of $365,800.00. Following the sale, the chief executive officer now directly owns 338,227 shares in the company, valued at $6,186,171.83. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 73,411 shares of company stock valued at $1,333,020 in the last three months. Corporate insiders own 13.10% of the company's stock.

Core Molding Technologies Stock Performance

CMT traded up $0.24 on Thursday, hitting $17.20. 39,567 shares of the company were exchanged, compared to its average volume of 45,586. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.86 and a current ratio of 2.28. The firm has a market capitalization of $150.67 million, a PE ratio of 8.24 and a beta of 1.67. Core Molding Technologies, Inc. has a 12 month low of $14.64 and a 12 month high of $28.83.

Core Molding Technologies (NYSEAMERICAN:CMT - Get Free Report) last released its quarterly earnings data on Tuesday, August 6th. The industrial products company reported $0.73 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.42 by $0.31. The company had revenue of $88.74 million during the quarter, compared to analysts' expectations of $78.75 million. Core Molding Technologies had a return on equity of 12.14% and a net margin of 5.11%. As a group, sell-side analysts expect that Core Molding Technologies, Inc. will post 1.53 earnings per share for the current fiscal year.

Core Molding Technologies Company Profile

Core Molding Technologies, Inc, together with its subsidiaries, operates as a molder of thermoplastic and thermoset structural products. The company offers a range of manufacturing processes that include compression molding of sheet molding compound, resin transfer molding, liquid molding of dicyclopentadiene, spray-up and hand-lay-up, direct long-fiber thermoplastics, and structural foam and structural web injection molding.