State Street Corp Has $2.71 Million Holdings in Core Molding Technologies, Inc. (NYSEAMERICAN:CMT)

State Street Corp boosted its position in Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) by 0.8% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 157,430 shares of the industrial products company’s stock after purchasing an additional 1,267 shares during the period. State Street Corp’s holdings in Core Molding Technologies were worth $2,709,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the company. Ashton Thomas Private Wealth LLC bought a new position in shares of Core Molding Technologies during the 2nd quarter worth approximately $27,000. LSV Asset Management bought a new stake in shares of Core Molding Technologies in the 2nd quarter valued at $36,000. MetLife Investment Management LLC lifted its position in shares of Core Molding Technologies by 131.0% during the 3rd quarter. MetLife Investment Management LLC now owns 4,460 shares of the industrial products company’s stock valued at $77,000 after acquiring an additional 2,529 shares during the period. Rhumbline Advisers boosted its stake in Core Molding Technologies by 8.4% during the second quarter. Rhumbline Advisers now owns 11,174 shares of the industrial products company’s stock worth $178,000 after acquiring an additional 866 shares in the last quarter. Finally, Walleye Capital LLC acquired a new stake in Core Molding Technologies in the third quarter worth $195,000. Institutional investors own 58.79% of the company’s stock.

Core Molding Technologies Stock Up 0.8 %

CMT opened at $16.54 on Wednesday. Core Molding Technologies, Inc. has a 1-year low of $14.64 and a 1-year high of $21.00. The firm has a market capitalization of $148.20 million, a price-to-earnings ratio of 9.34 and a beta of 1.75. The company has a quick ratio of 1.98, a current ratio of 2.41 and a debt-to-equity ratio of 0.14.

Core Molding Technologies (NYSEAMERICAN:CMT) last issued its earnings results on Tuesday, November 5th. The industrial products company reported $0.36 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.13. The business had revenue of $72.99 million during 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 analysts expect that Core Molding Technologies, Inc. will post 1.64 earnings per share for the current year.

Insider Transactions at Core Molding Technologies

In other news, CFO John P. Zimmer sold 7,600 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The stock was 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 in the company, valued at $1,919,511.02. This trade represents a 6.58 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO David L. Duvall sold 13,919 shares of Core Molding Technologies stock in a transaction that occurred on Friday, December 20th. The shares were sold at an average price of $16.18, for a total value of $225,209.42. Following the transaction, the chief executive officer now directly owns 257,512 shares in the company, valued at approximately $4,166,544.16. The trade was a 5.13 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 44,190 shares of company stock valued at $734,561 over the last ninety days. 13.10% of the stock is owned by company 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.