Deutsche Bank AG Acquires 7,619 Shares of Cadre Holdings, Inc. (NYSE:CDRE)

Deutsche Bank AG increased its holdings in shares of Cadre Holdings, Inc. (NYSE:CDRE - Free Report) by 7.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 105,237 shares of the company's stock after buying an additional 7,619 shares during the quarter. Deutsche Bank AG owned 0.26% of Cadre worth $3,399,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in CDRE. Barclays PLC increased its holdings in Cadre by 335.6% during the 3rd quarter. Barclays PLC now owns 53,397 shares of the company's stock worth $2,025,000 after purchasing an additional 41,139 shares in the last quarter. SG Americas Securities LLC bought a new position in Cadre during the 4th quarter worth about $100,000. Harel Insurance Investments & Financial Services Ltd. increased its holdings in Cadre by 51.9% during 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. WCM Investment Management LLC bought a new position in Cadre during the 4th quarter worth about $12,420,000. Finally, Catawba River Capital increased its holdings in Cadre by 51.5% during the 4th quarter. Catawba River Capital now owns 455,824 shares of the company's stock worth $14,723,000 after purchasing an additional 154,986 shares in the last quarter. Institutional investors and hedge funds own 43.95% of the company's stock.

Cadre Stock Down 1.3%

CDRE stock traded down $0.44 during trading hours on Monday, reaching $32.69. 298,299 shares of the stock were exchanged, compared to its average volume of 250,771. The firm's 50-day moving average is $31.32 and its 200-day moving average is $33.41. The company has a market cap of $1.33 billion, a price-to-earnings ratio of 39.39, a PEG ratio of 1.58 and a beta of 1.34. The company has a debt-to-equity ratio of 0.65, a current ratio of 3.01 and a quick ratio of 1.96. Cadre Holdings, Inc. has a 12 month low of $27.07 and a 12 month high of $40.28.

Cadre (NYSE:CDRE - Get Free Report) last released its earnings results on Tuesday, May 6th. The company reported $0.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.13 by $0.10. The firm had revenue of $130.11 million during the quarter, compared to analysts' expectations of $121.53 million. Cadre had a return on equity of 12.88% and a net margin of 6.34%. The company's revenue was down 5.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.18 EPS. On average, equities research analysts expect that Cadre Holdings, Inc. will post 1.05 earnings per share for the current year.

Cadre Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 16th. Shareholders of record on Friday, May 2nd were issued a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date of this dividend was Friday, May 2nd. Cadre's dividend payout ratio (DPR) is presently 40.00%.

Insider Activity

In other news, CEO Warren B. Kanders sold 50,000 shares of the firm's stock in a transaction dated 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 owns 10,866,192 shares in the company, valued at $346,414,200.96. This trade represents a 0.46% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 37.00% of the stock is owned by corporate insiders.

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.