Cadre Holdings, Inc. (NYSE:CDRE) Shares Bought by Capital International Investors

Capital International Investors increased its position in shares of Cadre Holdings, Inc. (NYSE:CDRE - Free Report) by 118.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,981,602 shares of the company's stock after buying an additional 1,074,471 shares during the period. Capital International Investors owned about 4.88% of Cadre worth $64,006,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in CDRE. WCM Investment Management LLC bought a new stake in Cadre in the fourth quarter valued at about $12,420,000. Raymond James Financial Inc. acquired a new position in Cadre in the fourth quarter worth $8,179,000. Catawba River Capital increased its stake in Cadre by 51.5% during the fourth quarter. Catawba River Capital now owns 455,824 shares of the company's stock valued at $14,723,000 after purchasing an additional 154,986 shares during the last quarter. Loomis Sayles & Co. L P lifted its position in shares of Cadre by 11.3% in the 4th quarter. Loomis Sayles & Co. L P now owns 1,047,097 shares of the company's stock worth $33,821,000 after buying an additional 106,366 shares during the last quarter. Finally, Brown University bought a new stake in shares of Cadre during the 4th quarter valued at about $3,256,000. Institutional investors and hedge funds own 43.95% of the company's stock.

Insider Activity at Cadre

In related news, CEO Warren B. Kanders sold 50,000 shares of the business's stock in a transaction that occurred on Thursday, March 20th. The stock was sold at an average price of $31.88, for a total transaction of $1,594,000.00. Following the sale, the chief executive officer now owns 10,866,192 shares of the company's stock, valued at $346,414,200.96. The trade was a 0.46 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 37.00% of the stock is owned by insiders.

Cadre Stock Performance

NYSE CDRE traded up $0.84 during trading hours on Friday, reaching $30.92. The company's stock had a trading volume of 69,458 shares, compared to its average volume of 249,745. The company has a current ratio of 3.01, a quick ratio of 1.96 and a debt-to-equity ratio of 0.65. The business has a 50-day simple moving average of $31.62 and a 200 day simple moving average of $34.13. Cadre Holdings, Inc. has a 52 week low of $27.07 and a 52 week high of $40.28. The stock has a market cap of $1.26 billion, a PE ratio of 37.25, a PEG ratio of 1.58 and a beta of 1.33.

Cadre (NYSE:CDRE - Get Free Report) last announced its quarterly earnings results on Tuesday, March 11th. The company reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.16). The company had revenue of $175.98 million during the quarter, compared to the consensus estimate of $170.95 million. Cadre had a return on equity of 12.88% and a net margin of 6.34%. The company's revenue for the quarter was up 41.3% on a year-over-year basis. During the same period last year, the business posted $0.25 EPS. Equities research analysts predict that Cadre Holdings, Inc. will post 1.05 earnings per share for the current fiscal year.

Cadre Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 16th. Shareholders of record on Friday, May 2nd will be given a $0.095 dividend. This represents a $0.38 annualized dividend and a yield of 1.23%. The ex-dividend date of this dividend is Friday, May 2nd. Cadre's dividend payout ratio (DPR) is 42.22%.

Cadre Profile

Cadre Holdings, Inc manufactures and distributes safety that provides protection to users in hazardous or life-threatening situations in the United States and internationally. The company operates in two segments, Products and Distribution. It offers body armor product, such as concealable, corrections, and tactical armor under the Safariland and Protech Tactical brand names; survival suits, remotely operated vehicles, specialty tools, blast sensors, accessories, and vehicle blast attenuation seats for bomb safety technicians; bomb suits; duty gear, including belts and accessories; and other protective equipment comprising communications gear, forensic and investigation products, firearms cleaning solutions, and crowd control products.