UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases 13,142 Shares of Cadre Holdings, Inc. (NYSE:CDRE)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Cadre Holdings, Inc. (NYSE:CDRE - Free Report) by 38.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 47,684 shares of the company's stock after purchasing an additional 13,142 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.12% of Cadre worth $1,540,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of CDRE. Assetmark Inc. bought a new stake in shares of Cadre during the fourth quarter valued at approximately $31,000. SG Americas Securities LLC purchased a new position in Cadre during the fourth quarter valued at $100,000. US Bancorp DE increased its holdings in Cadre by 10.6% in the 4th quarter. US Bancorp DE now owns 4,178 shares of the company's stock valued at $135,000 after acquiring an additional 400 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in Cadre by 1,451.5% in the 4th quarter. PNC Financial Services Group Inc. now owns 4,251 shares of the company's stock worth $137,000 after purchasing an additional 3,977 shares in the last quarter. Finally, Canada Pension Plan Investment Board lifted its stake in Cadre by 50.0% in the 4th quarter. Canada Pension Plan Investment Board now owns 4,800 shares of the company's stock worth $155,000 after purchasing an additional 1,600 shares in the last quarter. 43.95% of the stock is currently owned by hedge funds and other institutional investors.

Cadre Price Performance

Shares of CDRE traded up $0.15 during midday trading on Thursday, hitting $36.18. 259,252 shares of the company traded hands, compared to its average volume of 254,290. The stock has a market cap of $1.47 billion, a price-to-earnings ratio of 43.59, a PEG ratio of 1.58 and a beta of 1.36. The firm has a 50 day moving average of $32.21 and a 200-day moving average of $33.48. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.96 and a current ratio of 3.01. Cadre Holdings, Inc. has a 52 week low of $27.07 and a 52 week high of $40.28.

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

Cadre Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 16th. Shareholders of record on Friday, May 2nd were given a $0.095 dividend. The ex-dividend date was Friday, May 2nd. This represents a $0.38 annualized dividend and a yield of 1.05%. Cadre's dividend payout ratio (DPR) is 40.00%.

Insiders Place Their Bets

In other Cadre news, CEO Warren B. Kanders sold 50,000 shares of the company's stock in a transaction on Thursday, March 20th. The stock was sold at an average price of $31.88, for a total transaction of $1,594,000.00. Following the completion of the sale, the chief executive officer now owns 10,866,192 shares in the company, valued at $346,414,200.96. This represents a 0.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 200,000 shares of company stock worth $6,735,500 in the last three months. Corporate insiders own 37.00% of the company's stock.

Cadre Company Profile

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.