Barclays PLC Increases Stake in Core Molding Technologies, Inc. (NYSEAMERICAN:CMT)

Barclays PLC boosted its stake in Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) by 278.9% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 9,942 shares of the industrial products company’s stock after purchasing an additional 7,318 shares during the quarter. Barclays PLC’s holdings in Core Molding Technologies were worth $172,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of CMT. Rhumbline Advisers boosted its holdings in shares of Core Molding Technologies by 8.4% in the 2nd quarter. Rhumbline Advisers now owns 11,174 shares of the industrial products company’s stock valued at $178,000 after purchasing an additional 866 shares during the last quarter. State Street Corp raised its position in shares of Core Molding Technologies by 0.8% in the 3rd quarter. State Street Corp now owns 157,430 shares of the industrial products company’s stock worth $2,709,000 after buying an additional 1,267 shares during the period. Ashton Thomas Private Wealth LLC acquired a new position in Core Molding Technologies in the second quarter valued at $27,000. Empowered Funds LLC grew its position in Core Molding Technologies by 5.1% during the third quarter. Empowered Funds LLC now owns 36,182 shares of the industrial products company’s stock valued at $623,000 after acquiring an additional 1,742 shares during the period. Finally, Bank of New York Mellon Corp grew its position in Core Molding Technologies by 5.3% during the second quarter. Bank of New York Mellon Corp now owns 36,724 shares of the industrial products company’s stock valued at $585,000 after acquiring an additional 1,856 shares during the period. Institutional investors and hedge funds own 58.79% of the company’s stock.

Insider Transactions at Core Molding Technologies

In related news, CEO David L. Duvall sold 4,500 shares of the business’s stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $16.47, for a total transaction of $74,115.00. Following the completion of the sale, the chief executive officer now owns 238,841 shares of the company’s stock, valued at $3,933,711.27. This represents a 1.85 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO John P. Zimmer sold 7,600 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $17.78, for a total value of $135,128.00. Following the transaction, the chief financial officer now owns 107,959 shares of the company’s stock, valued at $1,919,511.02. This represents a 6.58 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 44,190 shares of company stock valued at $734,561. Insiders own 13.10% of the company’s stock.

Core Molding Technologies Stock Down 1.7 %

NYSEAMERICAN CMT opened at $15.35 on Wednesday. The company has a current ratio of 2.41, a quick ratio of 1.98 and a debt-to-equity ratio of 0.14. Core Molding Technologies, Inc. has a 1-year low of $14.64 and a 1-year high of $21.00. The stock has a market capitalization of $137.54 million, a PE ratio of 8.67 and a beta of 1.75.

Core Molding Technologies (NYSEAMERICAN:CMT) last released its quarterly earnings results on Tuesday, November 5th. The industrial products company reported $0.36 EPS for the quarter, topping the consensus estimate of $0.23 by $0.13. The firm had revenue of $72.99 million for the quarter, compared to analyst estimates of $71.57 million. Core Molding Technologies had a return on equity of 10.76% and a net margin of 4.95%. On average, equities research analysts predict that Core Molding Technologies, Inc. will post 1.64 EPS for the current year.

Core Molding Technologies Profile

Core Molding Technologies, Inc, together with its subsidiaries, operates as a molder of thermoplastic and thermoset structural products. The company offers a range of manufacturing processes that include compression molding of sheet molding compound, resin transfer molding, liquid molding of dicyclopentadiene, spray-up and hand-lay-up, direct long-fiber thermoplastics, and structural foam and structural web injection molding.