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

AQR Capital Management LLC decreased its position in Ducommun Incorporated (NYSE:DCO - Free Report) by 12.4% in the 4th quarter, according to the company in 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 reporting period.

Several other large investors have also bought and sold shares of DCO. Gamco Investors INC. ET AL lifted its stake in Ducommun by 2.1% during the fourth quarter. Gamco Investors INC. ET AL now owns 581,706 shares of the aerospace company's stock valued at $37,031,000 after purchasing an additional 11,834 shares during the last quarter. Kennedy Capital Management LLC grew its holdings in shares of Ducommun by 60.9% in the 4th quarter. Kennedy Capital Management LLC now owns 273,517 shares of the aerospace company's stock worth $17,412,000 after acquiring an additional 103,570 shares during the last quarter. First Eagle Investment Management LLC raised its position in shares of Ducommun by 4.4% during the fourth quarter. First Eagle Investment Management LLC now owns 253,087 shares of the aerospace company's stock worth $16,112,000 after purchasing an additional 10,700 shares during the period. Royce & Associates LP lifted its holdings in shares of Ducommun by 4.8% during the fourth quarter. Royce & Associates LP now owns 234,991 shares of the aerospace company's stock valued at $14,960,000 after purchasing an additional 10,700 shares during the last quarter. Finally, Wellington Management Group LLP boosted its position in shares of Ducommun by 41.9% in the 4th quarter. Wellington Management Group LLP now owns 193,741 shares of the aerospace company's stock valued at $12,334,000 after purchasing an additional 57,172 shares during the period. Institutional investors own 92.15% of the company's stock.

Ducommun Trading Up 0.3%

NYSE DCO traded up $0.18 during trading on Wednesday, reaching $66.24. 18,516 shares of the stock traded hands, compared to its average volume of 76,873. The company has a quick ratio of 2.16, a current ratio of 3.21 and a debt-to-equity ratio of 0.37. Ducommun Incorporated has a fifty-two week low of $51.76 and a fifty-two week high of $70.50. The stock's 50-day moving average price is $58.36 and its 200 day moving average price is $62.35. The firm has a market cap of $985.52 million, a price-to-earnings ratio of 33.29 and a beta of 1.30.

Ducommun (NYSE:DCO - Get Free Report) last announced its earnings results on Tuesday, May 6th. The aerospace company reported $0.83 EPS for the quarter, topping the consensus estimate of $0.63 by $0.20. Ducommun had a net margin of 3.82% and a return on equity of 7.40%. The business had revenue of $194.11 million during the quarter, compared to analysts' expectations of $192.30 million. During the same quarter in the prior year, the company posted $0.70 earnings per share. The firm's revenue was up 1.7% on a year-over-year basis. Analysts predict that Ducommun Incorporated will post 3.21 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Truist Financial set a $76.00 price target on shares of Ducommun in a report on Wednesday, May 7th. StockNews.com raised shares of Ducommun from a "buy" rating to a "strong-buy" rating in a report on Wednesday, May 7th. Finally, B. Riley restated a "buy" rating on shares of Ducommun in a research report on Wednesday, May 7th. Four research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Ducommun presently has a consensus rating of "Buy" and an average target price of $76.00.

Ducommun 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.