Sagil Capital LLP Purchases Shares of 252,554 Loma Negra Compania Industrial Argentina S.A. Sponsored ADR $LOMA

Sagil Capital LLP acquired a new position in shares of Loma Negra Compania Industrial Argentina S.A. Sponsored ADR (NYSE:LOMA) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 252,554 shares of the company’s stock, valued at approximately $2,771,000. Loma Negra Compania Industrial Argentina makes up about 1.2% of Sagil Capital LLP’s portfolio, making the stock its 15th largest position. Sagil Capital LLP owned approximately 0.22% of Loma Negra Compania Industrial Argentina as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Activest Wealth Management increased its position in Loma Negra Compania Industrial Argentina by 0.9% in the first quarter. Activest Wealth Management now owns 169,538 shares of the company’s stock worth $1,863,000 after purchasing an additional 1,563 shares during the last quarter. Simplex Trading LLC grew its stake in shares of Loma Negra Compania Industrial Argentina by 23.2% in the 1st quarter. Simplex Trading LLC now owns 19,725 shares of the company’s stock worth $216,000 after buying an additional 3,711 shares in the last quarter. Ping Capital Management Inc. grew its stake in shares of Loma Negra Compania Industrial Argentina by 3.7% in the 2nd quarter. Ping Capital Management Inc. now owns 139,000 shares of the company’s stock worth $1,525,000 after buying an additional 5,000 shares in the last quarter. Deuterium Capital Management LLC bought a new stake in shares of Loma Negra Compania Industrial Argentina in the 1st quarter worth about $110,000. Finally, Clear Creek Financial Management LLC raised its position in shares of Loma Negra Compania Industrial Argentina by 53.2% during the 2nd quarter. Clear Creek Financial Management LLC now owns 29,420 shares of the company’s stock valued at $323,000 after buying an additional 10,220 shares in the last quarter. 19.32% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms recently commented on LOMA. Wall Street Zen lowered Loma Negra Compania Industrial Argentina from a “hold” rating to a “sell” rating in a research report on Saturday, October 25th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Loma Negra Compania Industrial Argentina in a research note on Wednesday. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $14.80.

Loma Negra Compania Industrial Argentina Stock Performance

Shares of NYSE:LOMA opened at $11.33 on Friday. The company has a current ratio of 1.24, a quick ratio of 0.61 and a debt-to-equity ratio of 0.16. Loma Negra Compania Industrial Argentina S.A. Sponsored ADR has a 12 month low of $7.04 and a 12 month high of $14.17. The company has a market capitalization of $1.32 billion, a price-to-earnings ratio of 36.55 and a beta of 1.04. The firm’s 50-day moving average is $8.97 and its 200 day moving average is $10.43.

Loma Negra Compania Industrial Argentina (NYSE:LOMA) last announced its quarterly earnings data on Thursday, November 6th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.11). The firm had revenue of $135.15 million during the quarter, compared to the consensus estimate of $221.70 million. Loma Negra Compania Industrial Argentina had a return on equity of 4.40% and a net margin of 5.67%. Research analysts predict that Loma Negra Compania Industrial Argentina S.A. Sponsored ADR will post 1.25 EPS for the current year.

Loma Negra Compania Industrial Argentina Profile

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.