TT International Asset Management LTD bought a new position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA - Free Report) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 47,897 shares of the company's stock, valued at approximately $386,000.
A number of other hedge funds also recently added to or reduced their stakes in the business. BNP Paribas Financial Markets boosted its holdings in shares of 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 in the last quarter. abrdn plc lifted its stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 1.3% in the third quarter. abrdn plc now owns 1,250,500 shares of the company's stock valued at $10,079,000 after purchasing an additional 16,300 shares during the period. Long Focus Capital Management LLC lifted its stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 9.2% in the second quarter. Long Focus Capital Management LLC now owns 237,600 shares of the company's stock valued at $1,606,000 after purchasing an additional 20,000 shares during the period. Truist Financial Corp acquired a new stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima in the second quarter valued at about $200,000. Finally, Liontrust Investment Partners LLP acquired a new stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima in the second quarter valued at about $270,000. 19.32% of the stock is currently owned by institutional investors and hedge funds.
Loma Negra Compañía Industrial Argentina Sociedad Anónima Price Performance
Shares of NYSE LOMA traded up $0.48 on Wednesday, hitting $12.49. The company's stock had a trading volume of 547,680 shares, compared to its average volume of 514,322. Loma Negra Compañía Industrial Argentina Sociedad Anónima has a 12-month low of $5.70 and a 12-month high of $12.94. The company has a market capitalization of $1.46 billion, a price-to-earnings ratio of 20.27 and a beta of 1.36. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.29 and a quick ratio of 0.43. The stock has a 50 day moving average of $9.89 and a 200-day moving average of $8.08.
About Loma Negra Compañía Industrial Argentina Sociedad Anónima
(
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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