William Blair Investment Management LLC Makes New $3.87 Million Investment in Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA)

William Blair Investment Management LLC purchased a new position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 323,841 shares of the company’s stock, valued at approximately $3,867,000.

Other hedge funds also recently bought and sold shares of the company. GAMMA Investing LLC lifted its stake in Loma Negra Compañía Industrial Argentina Sociedad Anónima by 126.5% in the fourth quarter. GAMMA Investing LLC now owns 4,455 shares of the company’s stock worth $53,000 after purchasing an additional 2,488 shares during the last quarter. BNP Paribas Financial Markets lifted its stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 314,275.0% in the 3rd 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 shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima in the 4th quarter valued at about $109,000. Systrade AG bought a new stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima in the 4th quarter valued at about $143,000. Finally, Virtu Financial LLC lifted its stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 21.5% in the 3rd quarter. Virtu Financial LLC now owns 18,945 shares of the company’s stock valued at $153,000 after acquiring an additional 3,355 shares during the last quarter. Institutional investors own 19.32% of the company’s stock.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Stock Performance

Shares of LOMA stock opened at $11.26 on Thursday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.43 and a current ratio of 1.29. 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 stock has a 50 day moving average price of $11.37 and a two-hundred day moving average price of $10.48. The company has a market capitalization of $1.31 billion, a P/E ratio of 19.08 and a beta of 1.31.

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.