4WEALTH Advisors Inc. Invests $399,000 in Core Molding Technologies, Inc. (NYSEAMERICAN:CMT)

4WEALTH Advisors Inc. acquired a new stake in Core Molding Technologies, Inc. (NYSEAMERICAN:CMT - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 24,112 shares of the industrial products company's stock, valued at approximately $399,000. 4WEALTH Advisors Inc. owned approximately 0.27% of Core Molding Technologies as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Geode Capital Management LLC raised its holdings in shares of Core Molding Technologies by 1.6% during the third quarter. Geode Capital Management LLC now owns 174,999 shares of the industrial products company's stock worth $3,012,000 after acquiring an additional 2,737 shares during the period. Barclays PLC increased its holdings in Core Molding Technologies by 278.9% during the 3rd quarter. Barclays PLC now owns 9,942 shares of the industrial products company's stock worth $172,000 after purchasing an additional 7,318 shares in the last quarter. American Century Companies Inc. raised its stake in shares of Core Molding Technologies by 0.6% in the 4th quarter. American Century Companies Inc. now owns 198,994 shares of the industrial products company's stock valued at $3,291,000 after purchasing an additional 1,191 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Core Molding Technologies in the fourth quarter valued at about $676,000. Finally, Empowered Funds LLC boosted its position in shares of Core Molding Technologies by 5.0% during the fourth quarter. Empowered Funds LLC now owns 37,974 shares of the industrial products company's stock worth $628,000 after buying an additional 1,792 shares during the period. Institutional investors and hedge funds own 58.79% of the company's stock.

Analysts Set New Price Targets

Separately, Roth Capital set a $22.00 target price on Core Molding Technologies in a research report on Wednesday, March 12th.

Core Molding Technologies Stock Up 1.8 %

Shares of CMT stock traded up $0.27 during trading on Wednesday, reaching $15.44. The company's stock had a trading volume of 6,269 shares, compared to its average volume of 39,555. Core Molding Technologies, Inc. has a one year low of $12.25 and a one year high of $21.00. The firm's fifty day moving average is $14.91. The stock has a market capitalization of $138.34 million, a P/E ratio of 8.72 and a beta of 1.74. 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 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.