Arrowstreet Capital Limited Partnership Acquires New Position in Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA)

Arrowstreet Capital Limited Partnership acquired a new stake in Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) during the 4th quarter, HoldingsChannel reports. The firm acquired 1,301,718 shares of the company’s stock, valued at approximately $15,543,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. GAMMA Investing LLC grew its stake in shares of 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 buying an additional 2,488 shares in the last quarter. BNP Paribas Financial Markets lifted 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 last quarter. SG Americas Securities LLC bought a new stake in Loma Negra Compañía Industrial Argentina Sociedad Anónima in the fourth quarter worth approximately $109,000. Systrade AG acquired a new position in Loma Negra Compañía Industrial Argentina Sociedad Anónima during the fourth quarter worth $143,000. Finally, Virtu Financial LLC grew its holdings in 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 valued at $153,000 after purchasing an additional 3,355 shares during the last quarter. Hedge funds and other institutional investors own 19.32% of the company’s stock.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Stock Down 7.4 %

Loma Negra Compañía Industrial Argentina Sociedad Anónima stock opened at $9.84 on Friday. The firm has a market cap of $1.15 billion, a price-to-earnings ratio of 16.67 and a beta of 1.03. The firm has a fifty day moving average price of $11.23 and a two-hundred day moving average price of $10.75. 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 company has a debt-to-equity ratio of 0.19, a current ratio of 1.29 and a quick ratio of 0.43.

About Loma Negra Compañía Industrial Argentina Sociedad Anónima

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.