AQR Capital Management LLC Has $4.64 Million Stock Position in Ducommun Incorporated (NYSE:DCO)

AQR Capital Management LLC lowered its stake in Ducommun Incorporated (NYSE:DCO - Free Report) by 12.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 72,905 shares of the aerospace company's stock after selling 10,349 shares during the quarter. AQR Capital Management LLC owned about 0.49% of Ducommun worth $4,641,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Intech Investment Management LLC acquired a new position in shares of Ducommun during the fourth quarter valued at approximately $383,000. Barclays PLC increased its position in shares of Ducommun by 137.2% during the 3rd quarter. Barclays PLC now owns 53,382 shares of the aerospace company's stock valued at $3,514,000 after purchasing an additional 30,873 shares during the period. New York State Common Retirement Fund raised its stake in shares of Ducommun by 44.5% in the 4th quarter. New York State Common Retirement Fund now owns 16,014 shares of the aerospace company's stock worth $1,019,000 after buying an additional 4,932 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Ducommun in the fourth quarter valued at $6,737,000. Finally, Annex Advisory Services LLC boosted its stake in Ducommun by 37.6% during the fourth quarter. Annex Advisory Services LLC now owns 37,411 shares of the aerospace company's stock valued at $2,382,000 after buying an additional 10,228 shares in the last quarter. Institutional investors own 92.15% of the company's stock.

Ducommun Trading Down 2.3 %

Ducommun stock traded down $1.51 during midday trading on Friday, reaching $65.21. The stock had a trading volume of 66,247 shares, compared to its average volume of 76,351. The firm has a market cap of $970.19 million, a price-to-earnings ratio of 32.77 and a beta of 1.30. The firm's fifty day simple moving average is $58.01 and its two-hundred day simple moving average is $62.29. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.21 and a quick ratio of 2.16. Ducommun Incorporated has a twelve month low of $51.76 and a twelve month high of $70.50.

Ducommun (NYSE:DCO - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The aerospace company reported $0.83 EPS for the quarter, topping analysts' consensus estimates of $0.63 by $0.20. The firm had revenue of $194.11 million during the quarter, compared to analyst estimates of $192.30 million. Ducommun had a return on equity of 7.40% and a net margin of 3.82%. The business's quarterly revenue was up 1.7% compared to the same quarter last year. During the same period last year, the company posted $0.70 EPS. Equities analysts anticipate that Ducommun Incorporated will post 3.21 EPS for the current fiscal year.

Wall Street Analyst Weigh In

DCO has been the topic of several research reports. Truist Financial set a $76.00 price target on shares of Ducommun in a research report on Wednesday. B. Riley restated a "buy" rating on shares of Ducommun in a report on Wednesday. Finally, StockNews.com raised Ducommun from a "buy" rating to a "strong-buy" rating in a report on Wednesday. Four research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Ducommun presently has an average rating of "Buy" and an average price target of $76.00.

Ducommun Company Profile

Ducommun Incorporated provides engineering and manufacturing services for products and applications used primarily in the aerospace and defense, industrial, medical, and other industries in the United States. The company operates through two segments, Electronic Systems and Structural Systems. The Electronic Systems segment provides cable assemblies and interconnect systems; printed circuit board assemblies; electronic, electromechanical, and mechanical components and assemblies, as well as lightning diversion systems; and radar enclosures, aircraft avionics racks, shipboard communications and control enclosures, printed circuit board assemblies, cable assemblies, wire harnesses, interconnect systems, lightning diversion strips, surge suppressors, conformal shields, and other assemblies.