Captrust Financial Advisors Purchases Shares of 4,359 Ducommun Incorporated (NYSE:DCO)

Captrust Financial Advisors bought a new position in shares of Ducommun Incorporated (NYSE:DCO - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 4,359 shares of the aerospace company's stock, valued at approximately $277,000.

A number of other large investors have also recently added to or reduced their stakes in DCO. Balyasny Asset Management L.P. bought a new position in shares of Ducommun in the fourth quarter valued at $277,000. Bank of America Corp DE raised its position in shares of Ducommun by 49.0% during the fourth quarter. Bank of America Corp DE now owns 63,120 shares of the aerospace company's stock worth $4,018,000 after purchasing an additional 20,763 shares during the period. BNP Paribas Financial Markets raised its position in shares of Ducommun by 29.9% during the fourth quarter. BNP Paribas Financial Markets now owns 9,402 shares of the aerospace company's stock worth $599,000 after purchasing an additional 2,162 shares during the period. Ameriprise Financial Inc. purchased a new stake in shares of Ducommun during the fourth quarter valued at $213,000. Finally, Algert Global LLC boosted its position in shares of Ducommun by 5.0% in the 4th quarter. Algert Global LLC now owns 23,779 shares of the aerospace company's stock valued at $1,514,000 after purchasing an additional 1,137 shares during the period. 92.15% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of analysts have commented on DCO shares. Truist Financial set a $76.00 price objective on shares of Ducommun in a research note on Wednesday, May 7th. Wall Street Zen upgraded shares of Ducommun from a "buy" rating to a "strong-buy" rating in a report on Wednesday, May 7th. Finally, B. Riley reissued a "buy" rating on shares of Ducommun in a research report on Wednesday, May 7th. Four analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Ducommun has an average rating of "Buy" and an average price target of $76.00.

Ducommun Stock Up 2.5%

Shares of NYSE:DCO traded up $1.71 during midday trading on Tuesday, hitting $69.45. 93,643 shares of the stock were exchanged, compared to its average volume of 76,456. The company has a market capitalization of $1.03 billion, a PE ratio of 34.90 and a beta of 1.30. Ducommun Incorporated has a 52-week low of $51.76 and a 52-week 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 business's fifty day simple moving average is $60.12 and its two-hundred day simple moving average is $62.71.

Ducommun (NYSE:DCO - Get Free Report) last posted its quarterly earnings data on Tuesday, May 6th. The aerospace company reported $0.83 EPS for the quarter, topping analysts' consensus estimates of $0.63 by $0.20. Ducommun had a return on equity of 7.40% and a net margin of 3.82%. The business had revenue of $194.11 million for the quarter, compared to analyst estimates of $192.30 million. During the same period in the previous year, the company posted $0.70 earnings per share. The firm's revenue for the quarter was up 1.7% on a year-over-year basis. As a group, research analysts predict that Ducommun Incorporated will post 3.21 earnings per share for the current fiscal year.

Ducommun Company Profile

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.