Pathstone Holdings LLC Has $1.87 Million Stock Position in Ducommun Incorporated (NYSE:DCO)

Pathstone Holdings LLC grew its position in Ducommun Incorporated (NYSE:DCO) by 1.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,375 shares of the aerospace company’s stock after buying an additional 319 shares during the quarter. Pathstone Holdings LLC owned approximately 0.19% of Ducommun worth $1,868,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Russell Investments Group Ltd. lifted its position in shares of Ducommun by 8.0% in the first quarter. Russell Investments Group Ltd. now owns 7,839 shares of the aerospace company’s stock worth $402,000 after purchasing an additional 584 shares in the last quarter. State Board of Administration of Florida Retirement System purchased a new stake in shares of Ducommun in the first quarter worth approximately $274,000. Vanguard Group Inc. lifted its position in shares of Ducommun by 0.9% in the first quarter. Vanguard Group Inc. now owns 746,879 shares of the aerospace company’s stock worth $38,315,000 after purchasing an additional 6,869 shares in the last quarter. Quadrature Capital Ltd purchased a new stake in shares of Ducommun in the first quarter worth approximately $387,000. Finally, Annex Advisory Services LLC lifted its position in shares of Ducommun by 12.5% in the second quarter. Annex Advisory Services LLC now owns 21,012 shares of the aerospace company’s stock worth $1,220,000 after purchasing an additional 2,340 shares in the last quarter. 92.15% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Ducommun

In other news, CEO Stephen G. Oswald sold 1,200 shares of Ducommun stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of $66.32, for a total value of $79,584.00. Following the transaction, the chief executive officer now owns 341,151 shares of the company’s stock, valued at $22,625,134.32. This trade represents a 0.35 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 8.80% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on DCO shares. Truist Financial increased their price target on shares of Ducommun from $71.00 to $80.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. The Goldman Sachs Group raised shares of Ducommun from a “neutral” rating to a “buy” rating and increased their price target for the stock from $64.00 to $80.00 in a research report on Tuesday, August 13th. Finally, StockNews.com raised shares of Ducommun from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, November 12th. Four equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $73.00.

Ducommun Price Performance

Shares of DCO opened at $65.89 on Thursday. The firm has a market cap of $973.85 million, a PE ratio of 33.11 and a beta of 1.39. The firm’s 50 day moving average price is $64.66 and its 200 day moving average price is $61.99. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.16 and a current ratio of 3.21. Ducommun Incorporated has a twelve month low of $47.53 and a twelve month high of $70.04.

About Ducommun

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.