Ducommun Incorporated (DCO) : Paradigm Capital Management Incny scooped up 72,952 additional shares in Ducommun Incorporated during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 9, 2016. The investment management firm now holds a total of 818,552 shares of Ducommun Incorporated which is valued at $16,788,502.Ducommun Incorporated makes up approximately 1.89% of Paradigm Capital Management Incny’s portfolio.
Other Hedge Funds, Including , Nine Chapters Capital Management sold out all of its stake in DCO during the most recent quarter. The investment firm sold 22,200 shares of DCO which is valued $455,322.Royce Associates Lp boosted its stake in DCO in the latest quarter, The investment management firm added 17,013 additional shares and now holds a total of 134,213 shares of Ducommun Incorporated which is valued at $3,013,082. Ducommun Incorporated makes up approx 0.02% of Royce Associates Lp’s portfolio.Gsa Capital Partners Llp reduced its stake in DCO by selling 23,200 shares or 46.78% in the most recent quarter. The Hedge Fund company now holds 26,396 shares of DCO which is valued at $545,605. Ducommun Incorporated makes up approx 0.03% of Gsa Capital Partners Llp’s portfolio.Emerald Mutual Fund Advisers Trust boosted its stake in DCO in the latest quarter, The investment management firm added 3,159 additional shares and now holds a total of 15,841 shares of Ducommun Incorporated which is valued at $306,365. Ducommun Incorporated makes up approx 0.02% of Emerald Mutual Fund Advisers Trust’s portfolio.
Ducommun Incorporated opened for trading at $22.11 and hit $22.76 on the upside on Wednesday, eventually ending the session at $22.42, with a gain of 1.54% or 0.34 points. The heightened volatility saw the trading volume jump to 54,231 shares. Company has a market cap of $250 M.
On the company’s financial health, Ducommun Incorporated reported $0.34 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Aug 4, 2016. Analyst had a consensus of $0.29. The company had revenue of $133.40 million for the quarter, compared to analysts expectations of $141.54 million. The company’s revenue was down -23.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.16 EPS.
Ducommun Incorporated is a global provider of engineering and manufacturing services. The Company offers a range of products and applications used in the aerospace defense industrial natural resources medical and other industries. It is a solution-based provider offering a range of value-added products and services in its primary businesses of electronics structures and integrated solutions. The Company’s operating segments include Ducommun LaBarge Technologies (DLT) and Ducommun AeroStructures (DAS). DLT designs engineers and manufactures products used in markets including aerospace defense natural resources industrial and medical and other end-use markets. DAS designs engineers and manufactures contoured aerospace structural components and assemblies and supplies composite and metal bonded structures and assemblies. DAS’s products are used on commercial aircraft military fixed-wing aircraft and military and commercial rotary-wing aircraft.