XTX Topco Ltd bought a new stake in Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 23,872 shares of the company's stock, valued at approximately $285,000.
Several other large investors have also recently bought and sold shares of LOMA. GAMMA Investing LLC boosted its stake in Loma Negra Compañía Industrial Argentina Sociedad Anónima by 126.5% in the fourth quarter. GAMMA Investing LLC now owns 4,455 shares of the company's stock valued at $53,000 after acquiring an additional 2,488 shares in the last quarter. SG Americas Securities LLC acquired a new position in Loma Negra Compañía Industrial Argentina Sociedad Anónima in the fourth quarter valued at $109,000. Systrade AG acquired a new stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima during the fourth quarter worth about $143,000. Virtu Financial LLC boosted its stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 21.5% during the third quarter. Virtu Financial LLC now owns 18,945 shares of the company's stock worth $153,000 after buying an additional 3,355 shares during the period. Finally, SkyView Investment Advisors LLC acquired a new stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima during the third quarter worth about $161,000. Hedge funds and other institutional investors own 19.32% of the company's stock.
Wall Street Analyst Weigh In
Separately, Bank of America upgraded shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima from a "neutral" rating to a "buy" rating and increased their target price for the stock from $11.50 to $14.00 in a research note on Wednesday, April 23rd.
View Our Latest Stock Analysis on LOMA
Loma Negra Compañía Industrial Argentina Sociedad Anónima Stock Performance
Shares of LOMA traded down $0.14 during mid-day trading on Monday, hitting $11.52. 229,691 shares of the company's stock were exchanged, compared to its average volume of 526,112. The firm has a market capitalization of $1.34 billion, a P/E ratio of 19.53 and a beta of 1.03. 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's 50 day moving average is $10.75 and its two-hundred day moving average is $11.01. 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 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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