Pacific Ridge Capital Partners LLC acquired a new position in Core Molding Technologies, Inc. (NYSEAMERICAN:CMT - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 120,031 shares of the industrial products company's stock, valued at approximately $1,985,000. Pacific Ridge Capital Partners LLC owned about 1.34% of Core Molding Technologies as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors also recently made changes to their positions in the business. MetLife Investment Management LLC increased its position in shares of Core Molding Technologies by 131.0% in the third quarter. MetLife Investment Management LLC now owns 4,460 shares of the industrial products company's stock valued at $77,000 after acquiring an additional 2,529 shares during the period. Barclays PLC increased its stake in shares of Core Molding Technologies by 278.9% during the third quarter. Barclays PLC now owns 9,942 shares of the industrial products company's stock valued at $172,000 after buying an additional 7,318 shares during the period. Stoneridge Investment Partners LLC bought a new stake in Core Molding Technologies in the fourth quarter valued at $189,000. Walleye Capital LLC bought a new position in Core Molding Technologies in the 3rd quarter worth $195,000. Finally, White Pine Capital LLC bought a new stake in shares of Core Molding Technologies during the 4th quarter valued at about $256,000. Hedge funds and other institutional investors own 58.79% of the company's stock.
Analyst Ratings Changes
Separately, Roth Capital set a $22.00 price objective on Core Molding Technologies in a report on Wednesday, March 12th.
View Our Latest Analysis on Core Molding Technologies
Core Molding Technologies Trading Down 1.0 %
NYSEAMERICAN:CMT traded down $0.15 during trading hours on Monday, reaching $15.07. The company had a trading volume of 7,127 shares, compared to its average volume of 40,566. The company has a current ratio of 2.41, a quick ratio of 1.98 and a debt-to-equity ratio of 0.14. The company has a market cap of $135.03 million, a PE ratio of 8.51 and a beta of 1.74. Core Molding Technologies, Inc. has a 52 week low of $12.25 and a 52 week high of $21.00.
About Core Molding Technologies
(
Free Report)
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.
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