Marshall Wace LLP Acquires New Holdings in Ducommun Incorporated (NYSE:DCO)

Marshall Wace LLP acquired a new stake in shares of Ducommun Incorporated (NYSE:DCO - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 27,348 shares of the aerospace company's stock, valued at approximately $1,741,000. Marshall Wace LLP owned approximately 0.19% of Ducommun as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Gibson Capital LLC acquired a new stake in shares of Ducommun in the 4th quarter worth approximately $6,763,000. Raymond James Financial Inc. bought a new stake in Ducommun in the fourth quarter worth about $6,737,000. Kennedy Capital Management LLC boosted its position in shares of Ducommun by 60.9% during 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 in the last quarter. JPMorgan Chase & Co. grew its stake in shares of Ducommun by 1,151.0% in the 4th quarter. JPMorgan Chase & Co. now owns 75,509 shares of the aerospace company's stock worth $4,807,000 after purchasing an additional 69,473 shares during the last quarter. Finally, Wellington Management Group LLP raised its holdings in shares of Ducommun by 41.9% in the 4th quarter. Wellington Management Group LLP now owns 193,741 shares of the aerospace company's stock worth $12,334,000 after purchasing an additional 57,172 shares in the last quarter. Institutional investors own 92.15% of the company's stock.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. Truist Financial decreased their price target on shares of Ducommun from $82.00 to $70.00 and set a "buy" rating on the stock in a research report on Thursday, April 17th. StockNews.com downgraded shares of Ducommun from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, April 15th.

Ducommun Stock Up 1.6 %

Ducommun stock traded up $0.92 during trading hours on Friday, hitting $59.03. The company had a trading volume of 33,621 shares, compared to its average volume of 76,591. The firm's fifty day moving average is $57.55 and its 200-day moving average is $62.31. The firm has a market capitalization of $877.36 million, a P/E ratio of 29.66 and a beta of 1.27. Ducommun Incorporated has a fifty-two week low of $51.76 and a fifty-two week high of $70.50. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.21 and a quick ratio of 2.16.

Ducommun 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.