Pathstone Holdings LLC Purchases 319 Shares of Ducommun Incorporated (NYSE:DCO)

Pathstone Holdings LLC grew its position in Ducommun Incorporated (NYSE:DCO) by 1.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 28,375 shares of the aerospace company’s stock after purchasing an additional 319 shares during the quarter. Pathstone Holdings LLC’s holdings in Ducommun were worth $1,868,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. RDST Capital LLC raised its stake in Ducommun by 16.8% during the 2nd quarter. RDST Capital LLC now owns 540,290 shares of the aerospace company’s stock valued at $31,369,000 after purchasing an additional 77,595 shares during the last quarter. Diamond Hill Capital Management Inc. raised its stake in Ducommun by 70.4% during the 2nd quarter. Diamond Hill Capital Management Inc. now owns 112,664 shares of the aerospace company’s stock valued at $6,541,000 after purchasing an additional 46,544 shares during the last quarter. Gabelli Funds LLC raised its stake in Ducommun by 26.8% during the 2nd quarter. Gabelli Funds LLC now owns 78,929 shares of the aerospace company’s stock valued at $4,583,000 after purchasing an additional 16,674 shares during the last quarter. Cubist Systematic Strategies LLC acquired a new position in Ducommun during the 2nd quarter valued at $774,000. Finally, Easterly Investment Partners LLC acquired a new position in Ducommun during the 2nd quarter valued at $656,000. Institutional investors own 92.15% of the company’s stock.

Ducommun Trading Down 1.1 %

Shares of Ducommun stock opened at $65.89 on Thursday. The firm has a market capitalization of $973.85 million, a PE ratio of 33.11 and a beta of 1.39. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.21 and a quick ratio of 2.16. The company’s fifty day moving average price is $64.66 and its two-hundred day moving average price is $61.99. Ducommun Incorporated has a 52-week low of $47.53 and a 52-week high of $70.04.

Insider Buying and Selling at Ducommun

In other news, CEO Stephen G. Oswald sold 1,200 shares of the company’s stock in a transaction dated Friday, September 20th. The shares were sold at an average price of $66.32, for a total value of $79,584.00. Following the sale, the chief executive officer now owns 341,151 shares of the company’s stock, valued at approximately $22,625,134.32. This represents a 0.35 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 8.80% of the company’s stock.

Analyst Upgrades and Downgrades

DCO has been the subject of several research analyst reports. Truist Financial upped their target price on shares of Ducommun from $71.00 to $80.00 and gave the company a “buy” rating in a research note on Friday, November 8th. The Goldman Sachs Group upgraded shares of Ducommun from a “neutral” rating to a “buy” rating and upped their target price for the company from $64.00 to $80.00 in a research note on Tuesday, August 13th. Finally, StockNews.com raised shares of Ducommun from a “buy” rating to a “strong-buy” rating in a report on Tuesday, November 12th. Four investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $73.00.

Ducommun 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.