Deprince Race & Zollo Inc. Has $2 Million Stock Position in Cadre Holdings, Inc. (NYSE:CDRE)

Deprince Race & Zollo Inc. boosted its holdings in Cadre Holdings, Inc. (NYSE:CDRE - Free Report) by 93.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 61,887 shares of the company's stock after purchasing an additional 29,847 shares during the quarter. Deprince Race & Zollo Inc. owned approximately 0.15% of Cadre worth $1,999,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in CDRE. Barclays PLC increased its position in shares of Cadre by 335.6% during the 3rd quarter. Barclays PLC now owns 53,397 shares of the company's stock valued at $2,025,000 after purchasing an additional 41,139 shares during the period. JPMorgan Chase & Co. grew its holdings in Cadre by 2.5% during the third quarter. JPMorgan Chase & Co. now owns 166,539 shares of the company's stock worth $6,320,000 after acquiring an additional 4,080 shares during the period. Hennion & Walsh Asset Management Inc. raised its position in Cadre by 29.1% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 25,003 shares of the company's stock worth $808,000 after acquiring an additional 5,639 shares in the last quarter. SG Americas Securities LLC acquired a new position in shares of Cadre in the 4th quarter worth approximately $100,000. Finally, Harel Insurance Investments & Financial Services Ltd. raised its holdings in shares of Cadre by 51.9% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 3,066 shares of the company's stock worth $99,000 after purchasing an additional 1,048 shares in the last quarter. Institutional investors own 43.95% of the company's stock.

Cadre Price Performance

Shares of NYSE:CDRE traded down $0.86 on Wednesday, reaching $35.15. 73,664 shares of the company traded hands, compared to its average volume of 274,794. The company has a debt-to-equity ratio of 0.65, a current ratio of 3.01 and a quick ratio of 1.96. The stock has a market capitalization of $1.43 billion, a PE ratio of 42.35, a P/E/G ratio of 1.58 and a beta of 1.34. The company's 50 day moving average is $31.22 and its 200-day moving average is $33.53. Cadre Holdings, Inc. has a fifty-two week low of $27.07 and a fifty-two week high of $40.28.

Cadre (NYSE:CDRE - Get Free Report) last posted its quarterly earnings data on Tuesday, May 6th. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.10. The firm had revenue of $130.11 million for the quarter, compared to analysts' expectations of $121.53 million. Cadre had a net margin of 6.34% and a return on equity of 12.88%. The company's quarterly revenue was down 5.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.18 EPS. As a group, analysts anticipate that Cadre Holdings, Inc. will post 1.05 earnings per share for the current fiscal year.

Cadre Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 16th. Investors of record on Friday, May 2nd will be given a dividend of $0.095 per share. The ex-dividend date of this dividend is Friday, May 2nd. This represents a $0.38 dividend on an annualized basis and a yield of 1.08%. Cadre's payout ratio is 40.00%.

Insider Activity at Cadre

In other news, CEO Warren B. Kanders sold 50,000 shares of Cadre stock in a transaction dated 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 completion of the sale, the chief executive officer now directly owns 10,866,192 shares in the company, valued at $346,414,200.96. The trade was a 0.46% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 37.00% of the company's stock.

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.