Ducommun Incorporated (NYSE:DCO) Stock Holdings Lifted by Jump Financial LLC

Jump Financial LLC grew its stake in shares of Ducommun Incorporated (NYSE:DCO - Free Report) by 206.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,789 shares of the aerospace company's stock after purchasing an additional 11,978 shares during the quarter. Jump Financial LLC owned approximately 0.12% of Ducommun worth $1,132,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Sterling Capital Management LLC boosted its position in Ducommun by 804.2% during the 4th quarter. Sterling Capital Management LLC now owns 434 shares of the aerospace company's stock valued at $28,000 after purchasing an additional 386 shares during the period. Central Pacific Bank Trust Division acquired a new position in shares of Ducommun during the fourth quarter valued at $32,000. Venturi Wealth Management LLC grew its position in shares of Ducommun by 833.3% during the fourth quarter. Venturi Wealth Management LLC now owns 728 shares of the aerospace company's stock worth $46,000 after acquiring an additional 650 shares during the last quarter. US Bancorp DE increased its holdings in shares of Ducommun by 49.9% in the 4th quarter. US Bancorp DE now owns 1,327 shares of the aerospace company's stock worth $84,000 after acquiring an additional 442 shares during the period. Finally, R Squared Ltd bought a new stake in Ducommun in the 4th quarter valued at about $87,000. 92.15% of the stock is currently owned by institutional investors and hedge funds.

Ducommun Price Performance

Shares of DCO stock traded up $0.77 during mid-day trading on Friday, hitting $57.11. 38,128 shares of the stock traded hands, compared to its average volume of 76,652. Ducommun Incorporated has a twelve month low of $51.76 and a twelve month 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 company's 50-day simple moving average is $57.95 and its 200-day simple moving average is $62.56. The firm has a market cap of $848.83 million, a price-to-earnings ratio of 28.70 and a beta of 1.27.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Royal Bank of Canada initiated coverage on Ducommun in a research note on Tuesday, December 31st. They issued an "outperform" rating and a $72.00 price target for the company. Truist Financial decreased their target price on shares of Ducommun from $82.00 to $70.00 and set a "buy" rating for the company in a research report on Thursday, April 17th. Finally, StockNews.com downgraded shares of Ducommun from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, April 15th.

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.