UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $1.62 Million Holdings in Ducommun Incorporated (NYSE:DCO)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Ducommun Incorporated (NYSE:DCO - Free Report) by 36.9% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 25,456 shares of the aerospace company's stock after purchasing an additional 6,866 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.17% of Ducommun worth $1,621,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of DCO. Gamco Investors INC. ET AL lifted 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 valued at $37,031,000 after buying an additional 11,834 shares during the period. Royal Bank of Canada raised its position in shares of Ducommun by 8.1% in the 4th quarter. Royal Bank of Canada now owns 361,373 shares of the aerospace company's stock worth $23,005,000 after acquiring an additional 27,068 shares in the last quarter. Kennedy Capital Management LLC lifted 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 valued at $17,412,000 after purchasing an additional 103,570 shares during the period. First Eagle Investment Management LLC boosted its position in shares of Ducommun by 4.4% during the 4th quarter. First Eagle Investment Management LLC now owns 253,087 shares of the aerospace company's stock valued at $16,112,000 after purchasing an additional 10,700 shares in the last quarter. Finally, Royce & Associates LP boosted its position in shares of Ducommun by 4.8% during the 4th quarter. Royce & Associates LP now owns 234,991 shares of the aerospace company's stock valued at $14,960,000 after purchasing an additional 10,700 shares in the last quarter. 92.15% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the company. B. Riley reissued a "buy" rating on shares of Ducommun in a research note on Wednesday, May 7th. Truist Financial set a $76.00 target price on shares of Ducommun in a research report on Wednesday, May 7th. Finally, Wall Street Zen raised shares of Ducommun from a "buy" rating to a "strong-buy" rating in a research note on Wednesday, May 7th. Four equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Buy" and an average price target of $76.00.

Ducommun Stock Up 0.4%

Shares of NYSE:DCO opened at $73.58 on Monday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.16 and a current ratio of 3.21. Ducommun Incorporated has a 52-week low of $51.76 and a 52-week high of $73.99. The business's 50 day simple moving average is $62.09 and its two-hundred day simple moving average is $62.94. The firm has a market cap of $1.09 billion, a P/E ratio of 36.98 and a beta of 1.33.

Ducommun (NYSE:DCO - Get Free Report) last issued its earnings results on Tuesday, May 6th. The aerospace company reported $0.83 earnings per share 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 company had revenue of $194.11 million for the quarter, compared to analyst estimates of $192.30 million. During the same period in the prior year, the firm earned $0.70 earnings per share. Ducommun's revenue for the quarter was up 1.7% on a year-over-year basis. As a group, research analysts forecast that Ducommun Incorporated will post 3.21 EPS for the current fiscal year.

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.

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