Denali Advisors LLC Has $468,000 Stock Position in Core Molding Technologies, Inc. (NYSEAMERICAN:CMT)

Denali Advisors LLC raised its holdings in Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) by 26.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 24,700 shares of the industrial products company’s stock after purchasing an additional 5,200 shares during the quarter. Denali Advisors LLC owned 0.27% of Core Molding Technologies worth $468,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of CMT. Tower Research Capital LLC TRC raised its holdings in Core Molding Technologies by 82.7% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,761 shares of the industrial products company’s stock worth $33,000 after purchasing an additional 797 shares during the last quarter. National Bank of Canada FI purchased a new stake in shares of Core Molding Technologies in the fourth quarter worth approximately $27,000. Public Employees Retirement System of Ohio purchased a new position in shares of Core Molding Technologies during the third quarter valued at approximately $125,000. Jump Financial LLC boosted its position in shares of Core Molding Technologies by 62.7% during the fourth quarter. Jump Financial LLC now owns 11,879 shares of the industrial products company’s stock valued at $220,000 after buying an additional 4,579 shares during the last quarter. Finally, Hillsdale Investment Management Inc. grew its holdings in Core Molding Technologies by 8.8% during the fourth quarter. Hillsdale Investment Management Inc. now owns 133,550 shares of the industrial products company’s stock worth $2,475,000 after buying an additional 10,800 shares in the last quarter. Institutional investors and hedge funds own 58.79% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of Core Molding Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 29th.

Core Molding Technologies Stock Up 0.3 %

Core Molding Technologies stock opened at $15.95 on Thursday. Core Molding Technologies, Inc. has a 1-year low of $15.30 and a 1-year high of $30.09. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.88 and a current ratio of 2.44. The company has a market cap of $145.78 million, a P/E ratio of 7.50 and a beta of 1.69.

Core Molding Technologies (NYSEAMERICAN:CMT) last issued its quarterly earnings data on Tuesday, May 7th. The industrial products company reported $0.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.26 by $0.17. Core Molding Technologies had a return on equity of 13.63% and a net margin of 5.42%. The company had revenue of $78.15 million for the quarter, compared to the consensus estimate of $78.69 million. As a group, analysts predict that Core Molding Technologies, Inc. will post 1.6 earnings per share for the current year.

Insider Activity

In other Core Molding Technologies news, CEO David L. Duvall sold 17,513 shares of the business’s stock in a transaction that occurred on Monday, May 13th. The shares were sold at an average price of $20.25, for a total value of $354,638.25. Following the completion of the transaction, the chief executive officer now owns 389,577 shares of the company’s stock, valued at approximately $7,888,934.25. The transaction was disclosed in a filing with the SEC, which is available through this link. In other Core Molding Technologies news, CEO David L. Duvall sold 17,513 shares of the stock in a transaction that occurred on Monday, May 13th. The shares were sold at an average price of $20.25, for a total transaction of $354,638.25. Following the transaction, the chief executive officer now directly owns 389,577 shares in the company, valued at $7,888,934.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Ralph O. Hellmold sold 1,696 shares of Core Molding Technologies stock in a transaction on Friday, May 17th. The stock was sold at an average price of $19.17, for a total transaction of $32,512.32. Following the completion of the transaction, the director now owns 33,248 shares in the company, valued at approximately $637,364.16. The disclosure for this sale can be found here. In the last 90 days, insiders sold 42,726 shares of company stock worth $850,887. 13.10% of the stock is currently owned by insiders.

Core Molding Technologies Company 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.