26,989 Shares in Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) Acquired by Mackenzie Financial Corp

Mackenzie Financial Corp bought a new position in Core Molding Technologies, Inc. (NYSEAMERICAN:CMT - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 26,989 shares of the industrial products company's stock, valued at approximately $446,000. Mackenzie Financial Corp owned approximately 0.30% of Core Molding Technologies as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Tieton Capital Management LLC grew its holdings in shares of Core Molding Technologies by 24.0% in the fourth quarter. Tieton Capital Management LLC now owns 349,836 shares of the industrial products company's stock worth $5,786,000 after purchasing an additional 67,800 shares during the last quarter. American Century Companies Inc. raised its stake in shares of Core Molding Technologies by 0.6% during the fourth quarter. American Century Companies Inc. now owns 198,994 shares of the industrial products company's stock valued at $3,291,000 after acquiring an additional 1,191 shares during the last quarter. Diamond Hill Capital Management Inc. boosted its holdings in shares of Core Molding Technologies by 3.5% during the fourth quarter. Diamond Hill Capital Management Inc. now owns 154,604 shares of the industrial products company's stock worth $2,557,000 after purchasing an additional 5,284 shares during the period. Pacific Ridge Capital Partners LLC bought a new stake in shares of Core Molding Technologies in the fourth quarter worth about $1,985,000. Finally, Bridgeway Capital Management LLC grew its stake in shares of Core Molding Technologies by 1.2% in the fourth quarter. Bridgeway Capital Management LLC now owns 106,674 shares of the industrial products company's stock worth $1,764,000 after purchasing an additional 1,292 shares during the last quarter. 58.79% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Roth Capital set a $22.00 price target on Core Molding Technologies in a research report on Wednesday, March 12th.

Insider Transactions at Core Molding Technologies

In other news, CEO David L. Duvall sold 11,300 shares of the stock in a transaction that occurred on Thursday, June 5th. The shares were sold at an average price of $16.02, for a total transaction of $181,026.00. Following the sale, the chief executive officer now owns 228,480 shares in the company, valued at $3,660,249.60. This represents a 4.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 13.10% of the company's stock.

Core Molding Technologies Price Performance

NYSEAMERICAN CMT traded up $0.03 during trading hours on Friday, reaching $16.05. 39,403 shares of the company's stock traded hands, compared to its average volume of 39,168. Core Molding Technologies, Inc. has a 52-week low of $12.25 and a 52-week high of $19.20. The company has a current ratio of 2.41, a quick ratio of 1.98 and a debt-to-equity ratio of 0.14. The business's 50-day simple moving average is $15.41. The company has a market cap of $143.81 million, a price-to-earnings ratio of 9.07 and a beta of 1.74.

About Core Molding Technologies

Core Molding Technologies, Inc, together with its subsidiaries, operates as a molder of thermoplastic and thermoset structural products. The company offers a range of manufacturing processes that include compression molding of sheet molding compound, resin transfer molding, liquid molding of dicyclopentadiene, spray-up and hand-lay-up, direct long-fiber thermoplastics, and structural foam and structural web injection molding.