Integrated Quantitative Investments LLC Takes $313,000 Position in Ducommun Incorporated (NYSE:DCO)

Integrated Quantitative Investments LLC acquired a new position in Ducommun Incorporated (NYSE:DCO) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 4,924 shares of the aerospace company’s stock, valued at approximately $313,000.

Several other institutional investors and hedge funds also recently bought and sold shares of DCO. Geode Capital Management LLC grew its position in Ducommun by 0.5% during the third quarter. Geode Capital Management LLC now owns 310,704 shares of the aerospace company’s stock valued at $20,458,000 after purchasing an additional 1,610 shares in the last quarter. First Eagle Investment Management LLC grew its holdings in shares of Ducommun by 4.4% during the 4th quarter. First Eagle Investment Management LLC now owns 253,087 shares of the aerospace company’s stock valued at $16,112,000 after acquiring an additional 10,700 shares in the last quarter. Royce & Associates LP boosted its position in Ducommun by 4.8% during the fourth quarter. Royce & Associates LP now owns 234,991 shares of the aerospace company’s stock valued at $14,960,000 after purchasing an additional 10,700 shares during the last quarter. Wellington Management Group LLP grew its stake in Ducommun by 41.9% in the fourth quarter. Wellington Management Group LLP now owns 193,741 shares of the aerospace company’s stock valued at $12,334,000 after purchasing an additional 57,172 shares in the last quarter. Finally, Diamond Hill Capital Management Inc. increased its position in Ducommun by 24.2% in the 4th quarter. Diamond Hill Capital Management Inc. now owns 161,985 shares of the aerospace company’s stock worth $10,312,000 after purchasing an additional 31,601 shares during the last quarter. Hedge funds and other institutional investors own 92.15% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Truist Financial raised their price objective on shares of Ducommun from $80.00 to $82.00 and gave the company a “buy” rating in a research report on Tuesday, January 14th. Royal Bank of Canada began coverage on shares of Ducommun in a research note on Tuesday, December 31st. They issued an “outperform” rating and a $72.00 price objective for the company. Finally, StockNews.com upgraded Ducommun from a “buy” rating to a “strong-buy” rating in a report on Thursday, March 27th.

Ducommun Trading Down 2.8 %

Shares of DCO stock opened at $54.42 on Friday. Ducommun Incorporated has a 12 month low of $51.39 and a 12 month high of $70.50. The company has a market cap of $808.79 million, a PE ratio of 27.34 and a beta of 1.27. The company has a quick ratio of 2.16, a current ratio of 3.21 and a debt-to-equity ratio of 0.37. The business’s 50 day moving average is $61.56 and its two-hundred day moving average is $63.62.

Ducommun Company Profile

Ducommun Incorporated provides engineering and manufacturing services for products and applications used primarily in the aerospace and defense, industrial, medical, and other industries in the United States. The company operates through two segments, Electronic Systems and Structural Systems. The Electronic Systems segment provides cable assemblies and interconnect systems; printed circuit board assemblies; electronic, electromechanical, and mechanical components and assemblies, as well as lightning diversion systems; and radar enclosures, aircraft avionics racks, shipboard communications and control enclosures, printed circuit board assemblies, cable assemblies, wire harnesses, interconnect systems, lightning diversion strips, surge suppressors, conformal shields, and other assemblies.