OneDigital Investment Advisors LLC Acquires New Holdings in Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA)

OneDigital Investment Advisors LLC acquired a new position in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 71,529 shares of the company's stock, valued at approximately $854,000. OneDigital Investment Advisors LLC owned approximately 0.06% of Loma Negra Compañía Industrial Argentina Sociedad Anónima at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Arrowstreet Capital Limited Partnership bought a new stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima during the 4th quarter worth about $15,543,000. INCA Investments LLC bought a new stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima during the 4th quarter worth about $8,986,000. William Blair Investment Management LLC bought a new stake in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima in the 4th quarter worth approximately $3,867,000. Activest Wealth Management raised its holdings in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 8,478.9% in the 4th quarter. Activest Wealth Management now owns 167,975 shares of the company's stock worth $2,006,000 after purchasing an additional 166,017 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima by 459.5% in the 4th quarter. JPMorgan Chase & Co. now owns 158,091 shares of the company's stock worth $1,888,000 after purchasing an additional 129,837 shares in the last quarter. 19.32% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Bank of America upgraded Loma Negra Compañía Industrial Argentina Sociedad Anónima from a "neutral" rating to a "buy" rating and increased their target price for the company from $11.50 to $14.00 in a report on Wednesday, April 23rd.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Stock Down 2.2 %

NYSE LOMA traded down $0.25 during trading on Thursday, hitting $10.95. 37,716 shares of the company traded hands, compared to its average volume of 521,472. Loma Negra Compañía Industrial Argentina Sociedad Anónima has a 12 month low of $5.70 and a 12 month high of $13.79. The business has a fifty day simple moving average of $10.74 and a 200 day simple moving average of $11.03. The company has a current ratio of 1.29, a quick ratio of 0.43 and a debt-to-equity ratio of 0.19. The company has a market capitalization of $1.28 billion, a P/E ratio of 18.56 and a beta of 1.03.

About Loma Negra Compañía Industrial Argentina Sociedad Anónima

Loma Negra Compañía Industrial Argentina Sociedad Anónima, together with its subsidiaries, manufactures and sells cement and its derivatives in Argentina. The company operates through Cement, Masonry Cement and Lime; Concrete; Railroad; Aggregates; and Others segments. It offers masonry cement, aggregates, ready-mix concrete, concrete, and lime to wholesale distributors, concrete producers, industrial customers, and others for use in the construction.