RWC Asset Management LLP reduced its holdings in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA - Free Report) by 23.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,337,660 shares of the company's stock after selling 399,027 shares during the quarter. RWC Asset Management LLP owned 1.15% of Loma Negra Compañía Industrial Argentina Sociedad Anónima worth $15,972,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also made changes to their positions in LOMA. TT International Asset Management LTD bought a new position in Loma Negra Compañía Industrial Argentina Sociedad Anónima during the 3rd quarter worth approximately $386,000. Stifel Financial Corp acquired a new position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima in the 3rd quarter valued at about $2,053,000. BNP Paribas Financial Markets boosted its stake in Loma Negra Compañía Industrial Argentina Sociedad Anónima by 314,275.0% in the third quarter. BNP Paribas Financial Markets now owns 12,575 shares of the company's stock valued at $101,000 after acquiring an additional 12,571 shares during the period. INCA Investments LLC bought a new position in Loma Negra Compañía Industrial Argentina Sociedad Anónima during the 4th quarter worth $8,986,000. Finally, GAMMA Investing LLC lifted its position in Loma Negra Compañía Industrial Argentina Sociedad Anónima by 126.5% in the 4th quarter. GAMMA Investing LLC now owns 4,455 shares of the company's stock valued at $53,000 after purchasing an additional 2,488 shares during the last quarter. Institutional investors own 19.32% of the company's stock.
Loma Negra Compañía Industrial Argentina Sociedad Anónima Price Performance
LOMA stock traded down $0.79 during trading on Thursday, hitting $10.43. The company had a trading volume of 590,045 shares, compared to its average volume of 475,796. The firm has a market capitalization of $1.22 billion, a price-to-earnings ratio of 17.67 and a beta of 1.33. The company has a current ratio of 1.29, a quick ratio of 0.43 and a debt-to-equity ratio of 0.19. Loma Negra Compañía Industrial Argentina Sociedad Anónima has a fifty-two week low of $5.70 and a fifty-two week high of $13.79. The business has a 50 day moving average of $11.83 and a 200 day moving average of $10.09.
Loma Negra Compañía Industrial Argentina Sociedad Anónima Company Profile
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Free Report)
Loma Negra Compañía Industrial Argentina Sociedad Anónima, together with its subsidiaries, manufactures and sells cement and its derivatives in Argentina. The company operates through Cement, Masonry Cement and Lime; Concrete; Railroad; Aggregates; and Others segments. It offers masonry cement, aggregates, ready-mix concrete, concrete, and lime to wholesale distributors, concrete producers, industrial customers, and others for use in the construction.
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