15,986 Shares in Cadre Holdings, Inc. (NYSE:CDRE) Acquired by BNP Paribas Financial Markets

BNP Paribas Financial Markets purchased a new stake in shares of Cadre Holdings, Inc. (NYSE:CDRE - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 15,986 shares of the company's stock, valued at approximately $516,000.

Several other institutional investors also recently bought and sold shares of the stock. Assetmark Inc. purchased a new position in Cadre in the 4th quarter valued at $31,000. Harel Insurance Investments & Financial Services Ltd. lifted its stake in Cadre by 51.9% during the fourth 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. SG Americas Securities LLC purchased a new position in Cadre during the 4th quarter valued at about $100,000. US Bancorp DE grew its holdings in shares of Cadre by 10.6% in the fourth quarter. US Bancorp DE now owns 4,178 shares of the company's stock valued at $135,000 after purchasing an additional 400 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its stake in shares of Cadre by 1,451.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 4,251 shares of the company's stock worth $137,000 after acquiring an additional 3,977 shares in the last quarter. 43.95% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, CEO Warren B. Kanders sold 50,000 shares of the business's stock in a transaction on Thursday, March 20th. The stock was sold at an average price of $31.88, for a total value of $1,594,000.00. Following the completion of the transaction, the chief executive officer now directly 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 transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 37.00% of the company's stock.

Cadre Stock Up 2.0%

NYSE:CDRE traded up $0.67 during mid-day trading on Tuesday, hitting $33.36. The stock had a trading volume of 304,167 shares, compared to its average volume of 250,984. The company has a market capitalization of $1.36 billion, a PE ratio of 40.19, a PEG ratio of 1.58 and a beta of 1.34. The stock has a 50-day simple moving average of $31.32 and a two-hundred day simple moving average of $33.41. Cadre Holdings, Inc. has a twelve month low of $27.07 and a twelve month high of $40.28. The company has a current ratio of 3.01, a quick ratio of 1.96 and a debt-to-equity ratio of 0.65.

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

Cadre Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, May 16th. Investors of record on Friday, May 2nd were issued a dividend of $0.095 per share. The ex-dividend date was Friday, May 2nd. This represents a $0.38 annualized dividend and a yield of 1.14%. Cadre's dividend payout ratio is currently 40.00%.

About Cadre

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.