Ducommun Incorporated (NYSE:DCO) Holdings Lowered by Teton Advisors Inc.

Teton Advisors Inc. decreased its holdings in Ducommun Incorporated (NYSE:DCO - Free Report) by 9.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 128,000 shares of the aerospace company's stock after selling 13,000 shares during the period. Ducommun comprises about 4.2% of Teton Advisors Inc.'s investment portfolio, making the stock its biggest holding. Teton Advisors Inc. owned 0.87% of Ducommun worth $8,148,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of DCO. Gamco Investors INC. ET AL boosted its holdings in Ducommun by 2.1% in the fourth quarter. Gamco Investors INC. ET AL now owns 581,706 shares of the aerospace company's stock worth $37,031,000 after purchasing an additional 11,834 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Ducommun by 0.5% during the 3rd quarter. Geode Capital Management LLC now owns 310,704 shares of the aerospace company's stock valued at $20,458,000 after buying an additional 1,610 shares during the period. Kennedy Capital Management LLC boosted its stake 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 buying an additional 103,570 shares during the last quarter. First Eagle Investment Management LLC grew its holdings in shares of Ducommun by 4.4% in the fourth quarter. First Eagle Investment Management LLC now owns 253,087 shares of the aerospace company's stock worth $16,112,000 after acquiring an additional 10,700 shares during the period. Finally, Royce & Associates LP grew its holdings in shares of Ducommun by 4.8% in the fourth quarter. Royce & Associates LP now owns 234,991 shares of the aerospace company's stock worth $14,960,000 after acquiring an additional 10,700 shares during the period. Hedge funds and other institutional investors own 92.15% of the company's stock.

Analysts Set New Price Targets

Several research analysts have issued reports on DCO shares. Truist Financial dropped their target price on Ducommun from $82.00 to $70.00 and set a "buy" rating on the stock in a research report on Thursday. Royal Bank of Canada began coverage on shares of Ducommun in a report on Tuesday, December 31st. They issued an "outperform" rating and a $72.00 price objective on the stock. Finally, StockNews.com cut shares of Ducommun from a "strong-buy" rating to a "buy" rating in a report on Tuesday, April 15th.

Ducommun Stock Performance

Shares of NYSE DCO traded up $0.10 during trading on Friday, hitting $56.51. The company had a trading volume of 105,017 shares, compared to its average volume of 77,079. Ducommun Incorporated has a 12 month low of $51.76 and a 12 month high of $70.50. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.16 and a current ratio of 3.21. The firm has a market capitalization of $839.83 million, a P/E ratio of 28.39 and a beta of 1.27. The stock has a 50 day simple moving average of $58.67 and a 200 day simple moving average of $62.84.

About Ducommun

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.